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SENIOR DEBT (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Senior Debt | Senior debt is comprised of the following as of June 30, 2023 and December 31, 2022:
|  |  |  |  |  |  | Outstanding as of
|  |  |  |  |  |  | June 30, 2023 |  | December 31, 2022
| Initial Principal Amount |  | Maturity Date |  | Annual Interest Rate(a) |  | Principal |  | Unamortized Debt Costs |  | Carrying Value |  | Principal |  | Unamortized Debt Costs |  | Carrying Value
Lazard Group 2025 Senior Notes | $ | 400,000 |  |  | 2/13/25 |  | 3.75 | % |  | $ | 400,000 |  |  | $ | 767 |  |  | $ | 399,233 |  |  | $ | 400,000 |  |  | $ | 1,003 |  |  | $ | 398,997 |
Lazard Group 2027 Senior Notes | 300,000 |  |  | 3/1/27 |  | 3.625 | % |  | 300,000 |  |  | 1,430 |  |  | 298,570 |  |  | 300,000 |  |  | 1,625 |  |  | 298,375 |
Lazard Group 2028 Senior Notes | 500,000 |  |  | 9/19/28 |  | 4.50 | % |  | 500,000 |  |  | 4,438 |  |  | 495,562 |  |  | 500,000 |  |  | 4,864 |  |  | 495,136 |
Lazard Group 2029 Senior Notes | 500,000 |  |  | 3/11/29 |  | 4.375 | % |  | 500,000 |  |  | 4,408 |  |  | 495,592 |  |  | 500,000 |  |  | 4,794 |  |  | 495,206 |
Total |  |  |  |  |  |  | $ | 1,700,000 |  |  | $ | 11,043 |  |  | $ | 1,688,957 |  |  | $ | 1,700,000 |  |  | $ | 12,286 |  |  | $ | 1,687,714 |
__________________________ (a)The effective interest rates of Lazard Group’s 3.75% senior notes due February 13, 2025 (the “2025 Notes”), Lazard Group’s 3.625% senior notes due March 1, 2027 (the “2027 Notes”), Lazard Group’s 4.50% senior notes due September 19, 2028 (the “2028 Notes”) and Lazard Group’s 4.375% senior notes due March 11, 2029 (the “2029 Notes”) are 3.87%, 3.76%, 4.67% and 4.53%, respectively.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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