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Leases Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Lease, Cost [Table Text Block] | The following table presents operating lease costs recognized for the year ended December 31, 2019, which are included in occupancy and equipment costs on the consolidated statements of income:
(Expressed in thousands) |  |
|  | For the Year Ended December 31, 2019
Operating lease costs: |  |
Real estate leases - Right-of-use lease asset amortization |  | $ | 23,308 |
Real estate leases - Interest expense |  | 15,815 |
Equipment leases - Right-of-use lease asset amortization |  | 1,878 |
Equipment leases - Interest expense |  | 227 |
The following table presents the weighted average lease term and weighted average discount rate for our operating leases as of December 31, 2019:
| As of December 31, 2019
Weighted average remaining lease term (in years) | 8.31
Weighted average discount rate | 7.89%
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | The maturities of lease liabilities as of December 31, 2019 are as follows:
(Expressed in thousands) |
| As of December 31, 2019
2020 | $ | 42,585 |
2021 | 37,531 |
2022 | 33,416 |
2023 | 31,187 |
2024 | 27,234 |
After 2025 | 108,098 |
Total lease payments | $ | 280,051 |
Less interest | (76,911 | )
Present value of lease liabilities | $ | 203,140 |
Other Commitments [Table Text Block] | Lease Commitments The Company and its subsidiaries have operating leases for office space, equipment and furniture and fixtures expiring at various dates through 2034. Future minimum rental commitments under such office and equipment leases as of December 31, 2019 are as follows:
(Expressed in thousands) |
| As of December 31, 2019
2020 | $ | 42,635 |
2021 | 38,361 |
2022 | 34,442 |
2023 | 32,238 |
2024 | 28,309 |
2025 and thereafter | 115,230 |
| $ | 291,215 |
The above table includes leases which have been signed by the Company in which the Company is responsible for rent charges associated with its occupancy.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of information about obligations resulting from other commitments. + References No definition available. + Details
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