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Leases (Tables)
3 Months Ended
Mar. 31, 2022
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, 2022 and December 31, 2021 (in thousands):
ClassificationMarch 31, 2022December 31, 2021
Lease Right-of-Use Assets:
Operating lease right-of-use assetsOther assets$65,417 $48,808 
Lease Liabilities:
Operating lease liabilitiesOther liabilities$67,227 $50,236 
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):
For the Three Months Ended
March 31, 2022March 31, 2021
Lease Costs:
Operating lease cost $2,807 $2,812 
Variable lease cost 718 803 
Total lease cost$3,525 $3,615 

For the Three Months Ended
March 31, 2022March 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,939 $2,345 
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, 2022, were as follows (in thousands):
Operating leases
Twelve months ended:
Remainder of 2022$6,625 
20239,167 
20249,004 
20258,466 
20267,267 
Thereafter35,208 
Total future minimum lease payments75,737 
Amounts representing interest8,510 
Present value of net future minimum lease payments$67,227