Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Supplemental Balance Sheet Information

The following table represents the consolidated statements of financial condition classification of the Company’s right-of use-assets and lease liabilities at June 30, 2020 (in thousands):

	Classification	June 30, 2020		December 31, 2019
Lease Right-of-Use Assets:
Operating lease right-of-use assets	Other assets	$	39,229	$	41,754
Lease Liabilities:
Operating lease liabilities	Other liabilities	$	40,221	$	42,815

Schedule of Supplemental Cash Flow and Other information Related to Leases

The following tables represent lease costs and other lease information for the Company's operating leases. The variable lease cost primarily represents variable payments such as common area maintenance and utilities (in thousands):

	Three months ended June 30, 2020		Three months ended June 30, 2019
Lease Costs
Operating lease cost	$	2,132	$	2,126
Variable lease cost	724		597
Total lease cost	$	2,856	$	2,723

	Six months ended June 30, 2020		Six months ended June 30, 2019
Lease Costs
Operating lease cost	$	4,262	$	4,176
Variable lease cost	1,330		1,357
Total lease cost	$	5,592	$	5,533

Cash paid for amounts included in the measurement of lease liabilities:	Six months ended June 30, 2020		Six months ended June 30, 2019
Operating cash flows from operating leases	$	4,247	4,115

Schedule of Future Minimum Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2020 were as follows (in thousands):

	Operating leases
Twelve months ended:
Remainder of 2020	$	4,257
2021	6,300
2022	5,429
2023	4,914
2024	4,518
Thereafter	22,253
Total future minimum lease payments	47,671
Amounts representing interest	7,450
Present value of net future minimum lease payments	$	40,221