Furniture, Equipment and Leasehold Improvements, Net (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Furniture, Equipment and Leasehold Improvement, Net

Furniture, equipment and leasehold improvements, net consist of:

	Years Ended December 31
	2024			2023
	(in thousands)
Furniture and equipment (1)		$	151,478		$	168,415
Leasehold improvements (1)		249,422			326,131
Total (1)		400,900			494,546
Less: Accumulated depreciation and amortization (1)		(152,227)			(318,198)
Furniture, equipment and leasehold improvements, net (1)		$	248,673		$	176,348

(1)During the fourth quarter of 2024, due to our exit from our previous New York office location, we disposed of approximately $201.8 million in assets with a net book value of $3.1 million.