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LEASES (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
($ in thousands)
 
2019
 
2019
Operating Lease Expense
 
$
1,557

 
$
5,053

Variable Lease Expense
 
89

 
267

Sublease Income
 

 
(250
)
Total Lease Expense
 
$
1,646

 
$
5,070

Supplemental cash flow information related to leases was as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
($ in thousands)
 
2019
 
2019
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
 
 
 
 
Operating cash flows
 
$
1,673

 
$
5,292

ROU assets obtained in the exchange for lease liabilities:
 
 
 
 
ROU assets obtained in exchange for lease liabilities
 
$
1,243

 
$
5,332

ROU assets recognized upon adoption of new lease standard
 
$

 
$
23,332


Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows:
($ in thousands)
 
September 30,
2019
Operating Leases:
 
 
Operating lease right-of-use assets
 
$
23,907

Operating lease liabilities
 
25,210

 
 
September 30, 2019
Weighted-average remaining lease term (in years):
 
 
Operating leases
 
6.74 years

Weighted-average discount rate:
 
 
Operating leases
 
2.90
%

Maturities of Lease Liabilities
Maturities of lease liabilities at September 30, 2019 were as follows:
($ in thousands)
 
Operating
Leases
Remainder of 2019
 
$
1,697

2020
 
6,727

2021
 
4,965

2022
 
3,387

2023
 
2,578

2024
 
1,710

Thereafter
 
7,046

Total lease payments
 
28,110

Less: present value discount
 
(2,900
)
Total Lease Liability
 
$
25,210