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SENIOR DEBT (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Senior Debt | Senior debt is comprised of the following as of June 30, 2024 and December 31, 2023:
|  |  |  |  |  |  | Outstanding as of
|  |  |  |  |  |  | June 30, 2024 |  | December 31, 2023
| Initial Principal Amount |  | Maturity Date |  | Annual Interest Rate(b) |  | Principal |  | Unamortized Debt Costs |  | Carrying Value |  | Principal |  | Unamortized Debt Costs |  | Carrying Value
Lazard Group 2025 Senior Notes (a) | $ | 400,000 |  |  | 2/13/25 |  | 3.75 | % |  | $ | 164,347 |  |  | $ | 121 |  |  | $ | 164,226 |  |  | $ | 400,000 |  |  | $ | 531 |  |  | $ | 399,469 |
Lazard Group 2027 Senior Notes | 300,000 |  |  | 3/1/27 |  | 3.625 | % |  | 300,000 |  |  | 1,040 |  |  | 298,960 |  |  | 300,000 |  |  | 1,235 |  |  | 298,765 |
Lazard Group 2028 Senior Notes | 500,000 |  |  | 9/19/28 |  | 4.50 | % |  | 500,000 |  |  | 3,586 |  |  | 496,414 |  |  | 500,000 |  |  | 4,012 |  |  | 495,988 |
Lazard Group 2029 Senior Notes | 500,000 |  |  | 3/11/29 |  | 4.375 | % |  | 500,000 |  |  | 3,635 |  |  | 496,365 |  |  | 500,000 |  |  | 4,022 |  |  | 495,978 |
Lazard Group 2031 Senior Notes (a) | 400,000 |  |  | 3/15/31 |  | 6.00 | % |  | 400,000 |  |  | 3,816 |  |  | 396,184 |  |  | – |  |  | – |  |  | – |
Total |  |  |  |  |  |  | $ | 1,864,347 |  |  | $ | 12,198 |  |  | $ | 1,852,149 |  |  | $ | 1,700,000 |  |  | $ | 9,800 |  |  | $ | 1,690,200 |
__________________________ (a)In March 2024, Lazard Group completed an offering of $400,000 aggregate principal amount of 6.00% senior notes due 2031. Interest on the 2031 Notes is payable semi-annually on March 15 and September 15 of each year, beginning September 15, 2024. Lazard Group used a portion of the net proceeds from the 2031 Notes to purchase in a tender offer $235,653 aggregate principal amount of the 2025 Notes. (b)The effective interest rates of the 2025 Notes, the 2027 Notes, the 2028 Notes, the 2029 Notes and the 2031 Notes are 3.78%, 3.76%, 4.67%, 4.53% and 6.14%, 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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