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Furniture, Equipment and Leasehold Improvements
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements Furniture, Equipment and Leasehold Improvements
Furniture, Equipment and Leasehold Improvements consisted of the following as of December 31, 2024 and 2023:
December 31,
20242023
Furniture and Equipment$83,483 $97,822 
Leasehold Improvements168,485 203,060 
Computer and Technology-related 44,243 49,987 
Total296,211 350,869 
Less: Accumulated Depreciation and Amortization(151,455)(212,929)
Furniture, Equipment and Leasehold Improvements, Net$144,756 $137,940 
Depreciation and amortization expense for Furniture, Equipment and Leasehold Improvements totaled $24,468, $24,348 and $27,377 for the years ended December 31, 2024, 2023 and 2022, respectively.
Other Assets on the Consolidated Statements of Financial Condition includes capitalized costs associated with cloud computing arrangements of $18,087 and $17,044 as of December 31, 2024 and 2023, respectively. Amortization expense for capitalized costs associated with cloud computing arrangements was $3,169, $2,631 and $1,670 for the years ended December 31, 2024, 2023 and 2022, respectively, included within Communications and Information Services on the Consolidated Statements of Operations.