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Other assets (Tables)	9 Months Ended
Other assets (Tables)	Sep. 30, 2024
Other Assets Abstract
Other Assets by Major Categories	The caption of other assets in the consolidated statements of financial condition consists of the following major categories: (In thousands) September 30, 2024 December 31, 2023 Net deferred tax assets (net of valuation allowance) $ 917,793 $ 1,009,068 Investments under the equity method 248,235 236,485 Prepaid taxes 53,395 39,052 Other prepaid expenses 39,000 29,338 Capitalized software costs 117,894 93,404 Derivative assets 25,934 24,419 Trades receivable from brokers and counterparties 5,701 23,102 Receivables from investments maturities - 176,000 Principal, interest and escrow servicing advances 44,665 48,557 Guaranteed mortgage loan claims receivable 19,736 29,648 Operating ROU assets (Note 27) 98,077 116,106 Finance ROU assets (Note 27) 19,301 21,093 Assets for pension benefit 26,409 23,404 Others 151,779 144,888 Total other assets $ 1,767,919 $ 2,014,564
Composition of acquired or developed software costs	The following table summarizes the composition of acquired or developed software costs as well as costs related to hosting arrangements: Gross Carrying Accumulated Net Carrying (In thousands) Amount Amortization Value September 30, 2024 Software development costs $ 83,179 $ 28,978 $ 54,201 Software license costs 49,072 29,477 19,595 Cloud computing arrangements 56,599 12,501 44,098 Total Capitalized software costs [1] [2] $ 188,850 $ 70,956 $ 117,894 December 31, 2023 Software development costs $ 76,497 $ 22,086 $ 54,411 Software license costs 42,868 18,048 24,820 Cloud computing arrangements 23,623 9,450 14,173 Total Capitalized software costs [1] [2] $ 142,988 $ 49,584 $ 93,404 [1] Software intangible assets are presented as part of Other Assets in the Consolidated Statements of Financial Condition. [2] The tables above excludes assets that have been fully amortized.
Amortization expense for all capitalized software and hosting arrangement cost	Total amortization expense for all capitalized software and hosting arrangement cost, reflected as part of technology and software expenses in the consolidated statement of operations, is as follows: Quarters ended September 30, Nine months ended September 30, (In thousands) 2024 2023 2024 2023 Software development and license costs $ 21,118 $ 16,820 $ 57,431 $ 47,962 Cloud computing arrangements 1,514 923 3,052 2,685 Total amortization expense $ 22,632 $ 17,743 $ 60,483 $ 50,647