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LEASES (Tables) | 9 Months Ended
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Sep. 30, 2020
LEASES |
Summary of lease costs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
(In thousands) |  | September 30, 2020 |  | September 30, 2019 |  | September 30, 2020 |  | September 30, 2019
Lease cost | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease cost | ​ | $ | 1,898 | ​ | $ | 1,679 | ​ | $ | 5,703 | ​ | $ | 5,030
Sublease income | ​ | ​ | (11) | ​ |  | (32) | ​ | ​ | (33) | ​ |  | (71)
Total lease cost | ​ | $ | 1,887 | ​ | $ | 1,647 | ​ | $ | 5,670 | ​ | $ | 4,959
Summary of supplemental cash flow and balance sheet information related to operating leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended
(Dollars in thousands) |  | September 30, 2020 |  | September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities |  | ​ |  |  | ​ |
Operating cash flows from operating leases | ​ | $ | 5,442 | ​ | $ | 5,180
Operating right-of-use assets obtained in exchange for lease liabilities | ​ | $ | 5,716 | ​ | $ | 39,825
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2020 | ​ | ​ | December 31, 2019 | ​
Weighted-average remaining lease term-operating leases | ​ | ​ | 7.8 | years | ​ | 7.8 | years
Weighted-average discount rate-operating leases (1) | ​ |  | 3.00 | % | ​ | 3.20 | %
1) | The Company computes the present value of operating lease liabilities using its incremental borrowing rate as the discount rate.
Summary of maturities of operating lease liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) |  | September 30, 2020 | ​ | December 31, 2019
2020 | ​ | $ | 1,834 | ​ | $ | 7,011
2021 | ​ | ​ | 7,461 | ​ |  | 6,974
2022 | ​ |  | 7,341 | ​ |  | 6,802
2023 | ​ | ​ | 6,444 | ​ |  | 5,853
2024 | ​ |  | 6,190 | ​ |  | 5,595
Thereafter | ​ |  | 24,067 | ​ |  | 20,324
Total operating lease payments | ​ | $ | 53,337 | ​ | $ | 52,559
Less: Interest | ​ | ​ | (5,954) | ​ | ​ | (6,582)
Present value of operating lease liabilities | ​ | $ | 47,383 | ​ | $ | 45,977

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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=121609121&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=121609121&loc=SL77918701-209980 + Details
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