Leases (Tables)

3 Months Ended

Mar. 31, 2024

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 as of March 31, 2024 and December 31, 2023 (in thousands):

	Classification	March 31, 2024		December 31, 2023
Lease Right-of-Use Assets:
Operating lease right-of-use assets	Other assets	$	55,506	56,907
Lease Liabilities:
Operating lease liabilities	Other liabilities	$	58,611	60,039

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, 2024		Three months ended March 31, 2023
Lease Costs
Operating lease cost	$	2,627	2,628
Variable lease cost	785		880
Total lease cost	$	3,412	3,508

Cash paid for amounts included in the measurement of lease liabilities:	Three months ended March 31, 2024		Three months ended March 31, 2023
Operating cash flows from operating leases	$	2,557	2,349

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, 2024, were as follows (in thousands):

	Operating leases
Twelve months ended:
Remainder of 2024	$	7,605
2025	9,701
2026	8,813
2027	7,985
2028	7,103
Thereafter	23,843
Total future minimum lease payments	65,050
Amounts representing interest	6,439
Present value of net future minimum lease payments	$	58,611