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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Supplemental Balance Sheet Information The following table represents the consolidated statements of financial condition classification of the Company’s right-of use-assets and lease liabilities at September 30, 2020 (in thousands):
ClassificationSeptember 30, 2020December 31, 2019
Lease Right-of-Use Assets:
Operating lease right-of-use assetsOther assets$41,709 $41,754 
Lease Liabilities:
Operating lease liabilitiesOther liabilities$42,654 $42,815 
Schedule of Supplemental Cash Flow and Other information Related to Leases
The following tables represent lease costs and other lease information for the Company's operating leases. The variable lease cost primarily represents variable payments such as common area maintenance and utilities (in thousands):
Three months ended September 30, 2020Three months ended September 30, 2019
Lease Costs
Operating lease cost $2,303 $2,127 
Variable lease cost 754 727 
Total lease cost$3,057 $2,854 

Nine months ended September 30, 2020Nine months ended September 30, 2019
Lease Costs
Operating lease cost$6,565 $6,303 
Variable lease cost2,085 2,083 
Total lease cost$8,650 $8,386 

Cash paid for amounts included in the measurement of lease liabilities:Nine months ended September 30, 2020Nine months ended September 30, 2019
Operating cash flows from operating leases$6,528 6,179 
Schedule of Future Minimum Payments Future minimum payments for operating leases with initial or remaining terms of one year or more as of September 30, 2020 were as follows (in thousands):
Operating leases
Twelve months ended:
Remainder of 2020$2,322 
20217,018 
20226,137 
20235,622 
20245,219 
Thereafter23,584 
Total future minimum lease payments49,902 
Amounts representing interest7,248 
Present value of net future minimum lease payments$42,654