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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Operating Lease Expense
The following table summarizes the components of operating lease expense reflected on the accompanying consolidated statements of operations for the years ended December 31, 2023, 2022 and 2021:
Year Ended December 31,
202320222021
Operating lease cost$80,257 $78,482 $86,232 
Variable lease cost23,521 21,086 21,193 
Sublease income(934)(4,969)(7,303)
Total$102,844 $94,599 $100,122 
Schedule of Supplemental Cash Flow Information and Certain Other Information Related to Operating Leases
The following table summarizes the supplemental cash flow information and certain other information related to operating leases for the years ended December 31, 2023 and 2022:
Year Ended December 31,
20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$81,737$81,415
Operating lease right-of-use assets obtained in exchange for operating lease liabilities$35,282$34,559
Weighted average remaining lease term8 years9 years
Weighted average discount rate3.9 %3.7 %
Schedule of Maturities of Operating Lease Liabilities Outstanding
Maturities of the operating lease liabilities outstanding at December 31, 2023 for each of the years in the period ending December 31, 2028 and thereafter are set forth in the table below.
Year Ending December 31,
2024$82,321 
202573,201 
202664,811 
202763,334 
202859,863 
Thereafter221,452 
Total lease payments564,982 
Less - Discount79,791 
Operating lease liabilities$485,191 
Schedule of Carrying Value of Assets Subject to Leases on Consolidated Statements of Financial Condition
The following table presents the carrying value of the assets subject to leases reported on the consolidated statements of financial condition:
Year Ending
December 31, 2023
Property, net$72,921 
Accumulated depreciation$104,171 
Schedule of Undiscounted Future Cash Inflows Under Operating Lease
The following table presents undiscounted future cash inflows under the operating lease as of December 31, 2023:
Year Ending December 31,
2024$2,758 
20258,273 
20268,273 
20278,273 
20288,273 
Thereafter24,820 
Total lease payment to be received$60,670