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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Schedule of Lease Cost
The following table presents the weighted average lease term and weighted average discount rate for the Company's operating leases as of March 31, 2021 and December 31, 2020, respectively:
As of
March 31, 2021December 31, 2020
Weighted average remaining lease term (in years)7.667.84
Weighted average discount rate7.32%7.43%

The following table presents operating lease costs recognized for the three months ended March 31, 2021 and March 31, 2020, respectively, which are included in occupancy and equipment costs on the condensed consolidated income statements:    
(Expressed in thousands)
For the Three Months Ended
March 31,
20212020
Operating lease costs:
   Real estate leases - Right-of-use lease asset amortization$6,056 $5,740 
   Real estate leases - Interest expense3,596 3,911 
   Equipment leases - Right-of-use lease asset amortization445 473 
   Equipment leases - Interest expense39 54 
Schedule of Maturities of Lease Liabilities
The maturities of lease liabilities as of March 31, 2021 and December 31, 2020 are as follows:    
(Expressed in thousands)
As of
March 31, 2021December 31, 2020
2021$31,480 $40,981 
202238,610 36,999 
202335,592 33,984 
202430,916 29,425 
202525,377 23,872 
After 202594,474 92,069 
Total lease payments$256,449 $257,330 
Less interest(61,678)(63,957)
Present value of lease liabilities$194,771 $193,373