Office Facilities

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Office Facilities

Furniture, equipment and leasehold improvements

(Expressed in thousands)
	For the Years Ended December 31,
	2017			2016
Furniture, fixtures and equipment	$	53,260		$	55,210
Leasehold improvements	56,753			56,096
Total	110,013			111,306
Less accumulated depreciation	(82,826		)	(84,073		)
Total	$	27,187		$	27,233

Depreciation and amortization expense, included in occupancy and equipment costs in the consolidated statements of operations, was $5.7 million, $6.8 million and $7.2 million in the years ended December 31, 2017, 2016 and 2015, respectively.