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OPERATING LEASES (Tables)
9 Months Ended
Sep. 30, 2024
Lessee Disclosure [Abstract]  
Schedule of Operating Lease Cost
Quarter Ended September 30,Nine-Month Period Ended September 30,
2024202320242023Statement of Operations
Classification
(In thousands)
Lease costs$2,324 $5,130 $7,238 $7,738 Occupancy and equipment
Variable lease costs465 674 1,246 1,021 Occupancy and equipment
Short-term lease costs123 335 264 483 Occupancy and equipment
Lease income(13)(62)(64)(79)Occupancy and equipment
Total lease costs$2,899 $6,077 $8,684 $9,163 
Schedule of Operating Lease Assets and Liabilities
September 30, 2024December 31, 2023Statement of Financial Condition Classification
(In thousands)
Right-of-use assets$20,355 $21,725 Operating lease right-of-use assets
Lease Liabilities$22,604 $24,029 Operating leases liabilities
Schedule of Operating Lease, Other Information
September 30, 2024December 31, 2023
(In thousands)
Weighted-average remaining lease term4.9 years5.1 years
Weighted-average discount rate7.6 %7.0 %
Schedule of Future Minimum Payments for Operating Leases and Present Value
Future minimum payments for operating leases with initial or remaining terms of one year or more as of September 30, 2024 were as follows:
Minimum Rent
As of September 30, 2024(In thousands)
2024$2,152 
20257,232 
20265,063 
20274,146 
20283,239 
Thereafter5,382 
Total lease payments$27,214 
Less imputed interest4,610 
Present value of lease liabilities$22,604