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Leases (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2020 (in thousands):

ClassificationDecember 31, 2020
Lease Right-of-Use Assets:
Operating lease right-of-use assetsOther assets$41,142 
Lease Liabilities:
Operating lease liabilitiesOther liabilities$42,042 
Schedule of Supplemental Cash Flow and Other Information Related to Leases
The following table represents 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):

Year ended December 31, 2020Year ended December 31, 2019
Lease Costs
Operating lease cost$9,012 8,433 
Variable lease cost2,756 2,765 
Total Lease Cost$11,768 11,198 

Cash paid for amounts included in the measurement of lease liabilities (in thousands):Year ended December 31, 2020Year ended December 31, 2019
Operating cash flows from operating leases$8,863 8,304 
Schedule of Future Minimum Payments
Future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2020 were as follows (in thousands):
Operating Leases
Years ended:
2020$7,165 
20216,227 
20225,712 
20235,309 
20244,722 
Thereafter20,001 
Total future minimum lease payments49,136 
Amounts representing interest7,094 
Present value of net future minimum lease payments$42,042