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Leases (Tables)
6 Months Ended
Jun. 30, 2023
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 June 30, 2023 and December 31, 2021 (in thousands):
ClassificationJune 30, 2023December 31, 2022
Lease Right-of-Use Assets:
Operating lease right-of-use assetsOther assets$60,749 60,577 
Lease Liabilities:
Operating lease liabilitiesOther liabilities$63,916 63,372 
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 June 30, 2023Three months ended June 30, 2022
Lease Costs
Operating lease cost $2,629 2,586 
Variable lease cost 842 718 
Total lease cost$3,471 3,304 

Six months ended June 30, 2023Six months ended June 30, 2022
Lease Costs
Operating lease cost$5,257 5,393 
Variable lease cost1,722 1,436 
Total lease cost$6,979 6,829 

Cash paid for amounts included in the measurement of lease liabilities:Six months ended June 30, 2023Six months ended June 30, 2022
Operating cash flows from operating leases$4,776 4,060 
Schedule of Future Minimum Payments Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2023, were as follows (in thousands):
Operating leases
Twelve months ended:
Remainder of 2022$5,094 
20239,971 
20249,488 
20258,518 
20267,667 
Thereafter30,707 
Total future minimum lease payments71,445 
Amounts representing interest7,529 
Present value of net future minimum lease payments$63,916