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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Supplemental Information Relating to Operating Leases

 

Three Months Ended

 

March 31,

(Dollars in thousands)

 

2020

 

 

2019

Lease expense incurred:

 

 

 

 

 

Operating lease cost

$

7,890

 

$

5,187

 

 

 

 

 

 

 

At March 31,

 

At December 31,

(Dollars in thousands)

2020

 

2019

Operating lease right of use assets

$

156,626

 

$

161,435

Operating lease liabilities

 

167,072

 

 

169,909

 

Three Months Ended

 

March 31,

(Dollars in thousands)

2020

 

2019

Operating cash flows from operating leases

$

(4,919)

 

$

(4,431)

 

At March 31,

 

At December 31,

 

2020

 

2019

Weighted average remaining operating lease term

12.4 years

 

 

12.6 years

 

Weighted average discount rate on operating leases

3.87

%

 

3.91

%

Maturities of Lease Liabilities

(Dollars in thousands)

 

 

Remainder of 2020

$

15,187

2021

 

17,836

2022

 

19,888

2023

 

19,099

2024

 

18,831

2025

 

15,822

Thereafter

 

113,475

Undiscounted lease payments

 

220,138

Less: present value adjustment

 

53,066

Total operating lease liability

$

167,072