Leases Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Lease, Cost [Table Text Block]

The following table presents the weighted average lease term and weighted average discount rate for our operating leases as of December 31, 2020 and December 31, 2019, respectively:

	As of
	December 31, 2020	December 31, 2019
Weighted average remaining lease term (in years)	7.84	8.31
Weighted average discount rate	7.43%	7.89%

The following table presents operating lease costs recognized for the years ended December 31, 2020 and December 31, 2019, respectively, which are included in occupancy and equipment costs on the consolidated income statements:

                                                                                        

(Expressed in thousands)
	For the Year Ended December 31, 2020		For the Year Ended December 31, 2019
Operating lease costs:
Real estate leases - Right-of-use lease asset amortization	$	23,271	$	23,308
Real estate leases - Interest expense	15,142		15,815
Equipment leases - Right-of-use lease asset amortization	1,879		1,878
Equipment leases - Interest expense	197		227

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The maturities of lease liabilities as of December 31, 2020 are as follows:

(Expressed in thousands)
	As of December 31, 2020
2021	$	40,981
2022	36,999
2023	33,984
2024	29,425
2025	23,872
After 2025	92,069
Total lease payments	$	257,330
Less interest	(63,957)
Present value of lease liabilities	$	193,373