Leases (Tables)

3 Months Ended

Mar. 31, 2021

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 March 31, 2021 and December 31, 2020 (in thousands):

	Classification	March 31, 2021		December 31, 2020
Lease Right-of-Use Assets:
Operating lease right-of-use assets	Other assets	$	40,960	$	41,142
Lease Liabilities:
Operating lease liabilities	Other liabilities	$	42,323	$	42,042

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 March 31, 2021		Three months ended March 31, 2020
Lease Costs
Operating lease cost	$	2,812	$	2,130
Variable lease cost	803		607
Total lease cost	$	3,615	$	2,737

Cash paid for amounts included in the measurement of lease liabilities:	Three months ended March 31, 2021		Three months ended March 31, 2020
Operating cash flows from operating leases	$	2,345	2,125

Schedule of Future Minimum Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of March 31, 2021 were as follows (in thousands):

	Operating leases
Twelve months ended:
Remainder of 2021	$	6,472
2022	6,391
2023	5,878
2024	5,475
2025	4,887
Thereafter	20,027
Total future minimum lease payments	49,130
Amounts representing interest	6,807
Present value of net future minimum lease payments	$	42,323