Leases (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2021 and December 31, 2020 (in thousands):

	Classification	September 30, 2021		December 31, 2020
Lease Right-of-Use Assets:
Operating lease right-of-use assets	Other assets	$	48,491	$	41,142
Lease Liabilities:
Operating lease liabilities	Other liabilities	$	49,630	$	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 September 30, 2021		Three months ended September 30, 2020
Lease Costs
Operating lease cost	$	2,417	$	2,303
Variable lease cost	728		754
Total lease cost	$	3,145	$	3,057

	Nine months ended September 30, 2021		Nine months ended September 30, 2020
Lease Costs
Operating lease cost	$	7,559	$	6,565
Variable lease cost	2,247		2,085
Total lease cost	$	9,806	$	8,650

Cash paid for amounts included in the measurement of lease liabilities:	Nine months ended September 30, 2021		Nine months ended September 30, 2020
Operating cash flows from operating leases	$	6,861	$	6,528

Schedule of Future Minimum Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of September 30, 2021, were as follows (in thousands):

	Operating leases
Twelve months ended:
Remainder of 2021	$	2,081
2022	7,351
2023	7,102
2024	6,720
2025	6,154
Thereafter	27,405
Total future minimum lease payments	56,813
Amounts representing interest	7,183
Present value of net future minimum lease payments	$	49,630