Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Schedule of Supplemental Information Related to Operating Leases

Supplemental information related to the Company’s operating leases is as follows (in thousands):

	Classification in Unaudited Condensed Consolidated Statement of Financial Condition Amounts	As of March 31, 2019
Assets
Operating lease right-of-use assets	Other assets	$	190,219
Liabilities
Operating lease liabilities	Accounts payable, accrued and other liabilities	$	204,889

Schedule of Weighted-Average Remaining Lease Term and Discount Term

	As of March 31, 2019
Weighted-average remaining lease term
Operating leases (years)		7.7
Weighted-average discount rate
Operating leases		5.0	%

Schedule of Components of Lease Expense

The components of lease expense are as follows (in thousands):

	Classification in Unaudited Condensed Consolidated Statement of Operations	Three Months Ended March 31, 2019
Operating lease cost	Occupancy and equipment	$	12,234

Schedule of Maturity Analysis of Operating Lease Liabilities

The following table shows the Company’s maturity analysis of its operating lease liabilities as of March 31, 2019 (in thousands):

2019	$	31,383
2020		30,435
2021		23,312
2022		26,672
2023		22,652
Thereafter		143,863
Total	$	278,317
Interest		(73,428	)
Total	$	204,889

Schedule of Cash Flow Information Related to Lease Liabilities

The following table shows cash flow information related to lease liabilities (in thousands):

	Three Months Ended March 31, 2019
Cash paid for obligations included in the measurement of lease liabilities	$	11,772

Schedule of Prior Lease Guidance, Undiscounted Minimum Lease Payments

Under the prior lease guidance, undiscounted minimum lease payments as of December 31, 2018 were as follows (in thousands):

2019	$	40,254
2020		25,510
2021		24,548
2022		28,053
2023		26,346
Thereafter		152,884
Total	$	297,595