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OPERATING LEASES (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases, Operating [Abstract] |
Schedule of net rent expense for all operating leases | Total lease cost, cash flow information, weighted-average remaining lease term and weighted-average discount rate is summarized below for the period indicated:
| Year Ended December 31,
(dollars in thousands) | 2019
Lease cost: |
Operating lease cost | $ | 6,514 |
Variable lease cost | 2,637 |
Less: sublease income | (44 | )
Total lease cost | $ | 9,107 |
Other information: |
Operating cash flows from operating leases | $ | (6,230 | )
Weighted-average remaining lease term - operating leases | 13.51 years |
Weighted-average discount rate - operating leases | 3.92 | %
Net rent expense for all operating leases for the years ended December 31, 2018 and 2017 is summarized as follows:
| Year Ended December 31,
(dollars in thousands) | 2018 |  | 2017
Rent expense charged to net occupancy | $ | 8,578 |  |  | $ | 8,318 |
Less: sublease income | (41 | ) |  | (43 | )
Net rent expense charged to net occupancy | 8,537 |  |  | 8,275 |
Add: rent expense charged to equipment expense | 12 |  |  | 15 |
Total net rent expense | $ | 8,549 |  |  | $ | 8,290 |
Schedule of future minimum rental commitments for all noncancellable operating leases that had initial lease terms in excess of one year | The following is a schedule of annual undiscounted cash flows for our operating leases and a reconciliation of those cash flows to the operating lease liabilities for the next five succeeding fiscal years and all years thereafter (dollars in thousands):
Year Ending December 31, | Undiscounted Cash Flows |  | Lease Liability Expense |  | Lease Liability Reduction
2020 | $ | 6,216 |  |  | $ | 1,965 |  |  | $ | 4,251 |
2021 | 5,907 |  |  | 1,808 |  |  | 4,099 |
2022 | 5,472 |  |  | 1,659 |  |  | 3,813 |
2023 | 5,175 |  |  | 1,519 |  |  | 3,656 |
2024 | 4,947 |  |  | 1,385 |  |  | 3,562 |
Thereafter | 40,920 |  |  | 7,669 |  |  | 33,251 |
Total | $ | 68,637 |  |  | $ | 16,005 |  |  | $ | 52,632 |
Operating Lease, Lease Income | The following represents lease income related to these leases that was recognized for the period indicated:
| Year Ended December 31,
(dollars in thousands) | 2019
Total rental income recognized | $ | 2,098 |
Schedule of future minimum rental income for noncancellable operating leases that had initial lease terms in excess of one year | Based on the Company's leases as lessor as of December 31, 2019, estimated lease payments for the next five succeeding fiscal years and all years thereafter are as follows (dollars in thousands):
Year Ending December 31, |
2020 | $ | 2,133 |
2021 | 2,137 |
2022 | 1,614 |
2023 | 641 |
2024 | 165 |
Thereafter | 262 |
Total | $ | 6,952 |

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- Definition Tabular disclosure of future minimum rental income, receivable in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancellable lease terms in excess of one year. + References No definition available. + Details
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- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919372-209981 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=118952077&loc=SL77927221-108306 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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- Definition Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41499-112717 + Details
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