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Lease Commitments (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Lease, Cost
Operating lease expense was as follows:
 For the Years Ended December 31,
Lease TypeClassification202420232022
Parking leasesCompensation and benefits$393 $393 $398 
Office leases (1)
Occupancy18,804 18,046 18,979 
Variable lease cost (2)
Occupancy865 935 351 
Short-term lease cost (2)
Occupancy705 469 710 
Sublease incomeOccupancy— — (133)
Office equipment leasesCommunication and technology67 67 134 
Total operating lease expense$20,834 $19,910 $20,439 
(1) Office lease expense includes impairment charge of $1.0 million and $1.4 million for the years ended December 31, 2024 and December 31, 2022, respectively, related to the abandonment of leased office space.
(2) Variable and short-term lease costs are excluded from the measurement of operating lease liabilities.
Lessee, Operating Lease, Liability, Maturity
The table below presents the maturity of operating lease liabilities:
As of December 31, 2024
2025$20,754 
202620,027 
202717,565 
202816,396 
20298,199 
Thereafter34,134 
Total undiscounted lease payments117,075 
Adjustment to discount to present value(15,798)
Operating lease liabilities$101,277 
Schedule of Other Information Related to Leases
As of December 31, 2024, none of the options to extend lease terms were reasonably certain of being exercised. Other information related to leases was as follows:
 For the Years Ended December 31,
202420232022
Weighted average discount rate4.1 %4.1 %4.1 %
Weighted average remaining lease term7.6 years8.4 years9.0 years
Operating cash flows for operating leases19,846 19,668 16,393