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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Summary of Net Lease Cost and Other Information
The table below summarizes the Company’s net lease cost:
For the Three Months Ended March 31,
20212020
(Dollars in thousands)
Operating lease cost$3,829 $3,945 
Short term lease cost— — 
Variable lease cost754 767 
Sublease income(153)(212)
Net lease cost$4,430 $4,500 
The table below summarizes other information related to the Company’s operating leases:
At or for the Three Months Ended
March 31, 2021
At or for the Three Months Ended
March 31, 2020
(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases$3,681 $3,724 
Right-of-use assets obtained in exchange for lease liabilities, net— — 
Weighted-average remaining lease term - operating leases5.1 years5.7 years
Weighted-average discount rate - operating leases2.88 %3.07 %
Summary of Maturity of Remaining Lease Liabilities
The table below summarizes the maturity of remaining lease liabilities:
March 31, 2021
(Dollars in thousands)
2021$10,802 
202210,182 
20238,198 
20247,303 
20255,883 
2026 and thereafter10,314 
Total lease payments52,682 
Less: imputed interest4,107 
Total lease obligations$48,575