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Leases (Tables) | 3 Months Ended
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Mar. 31, 2019
Leases [Abstract] |
Lease Cost and Supplemental Cash Flow Information | The following table presents the components of the Corporation’s lease costs for operating leases as the lessee, which is included in net occupancy expense on the consolidated statements of income:
|  | Three months ended
|  | March 31, 2019
|  | (in thousands)
Operating lease expense | $ | 4,690 |
Variable lease expense | 609 |
Sublease income | (203 | )
Total lease expense | $ | 5,096 |
Supplemental cash flow information related to operating leases for the three months ended March 31, 2019 was as follows (in thousands):
| Three months ended
| March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities | $ | 4,639 |
ROU assets obtained in exchange for lease obligations | $ | 108,104 |
Supplemental Balance Sheet Information | Supplemental balance sheet information related to leases was as follows (in thousands, except for weighted-averages):
Operating Leases | Classification | March 31, 2019
ROU assets | Other assets | $ | 103,801 |
Lease liabilities | Other liabilities | $ | 110,651 |
Weighted-average remaining lease term |  | 8.4 years |
Weighted-average discount rate |  | 3.08 | %
Schedule of Lease Payment Obligations For Each of the Next Five Years | Lease payment obligations for each of the next five years and thereafter with a reconciliation to the Corporation's lease liability were as follows (in thousands):
Year | Operating Leases
For the nine months ending December 31, 2019 | $ | 13,725 |
2020 | 18,094 |
2021 | 16,896 |
2022 | 15,548 |
2023 | 13,286 |
Thereafter | 50,280 |
Total lease payments | 127,829 |
Less: imputed interest | (17,178 | )
Present value of lease liabilities | $ | 110,651 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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