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Leases (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2021 and December 31, 2020, respectively:
As of
June 30, 2021December 31, 2020
Weighted average remaining lease term (in years)7.687.84
Weighted average discount rate6.93%7.43%

The following table presents operating lease costs recognized for the three and six months ended June 30, 2021 and June 30, 2020, respectively, which are included in occupancy and equipment costs on the condensed consolidated income statements:    
(Expressed in thousands)
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2021202020212020
Operating lease costs:
   Real estate leases - Right-of-use lease asset amortization$6,062 $5,724 $12,118 $11,464 
   Real estate leases - Interest expense3,607 3,844 7,203 7,755 
   Equipment leases - Right-of-use lease asset amortization445 474 890 947 
   Equipment leases - Interest expense37 52 76 106 
Schedule of Maturities of Lease Liabilities
The maturities of lease liabilities as of June 30, 2021 and December 31, 2020 are as follows:    
(Expressed in thousands)
As of
June 30, 2021December 31, 2020
2021$21,026 $40,981 
202240,758 36,999 
202337,882 33,984 
202433,123 29,425 
202527,559 23,872 
After 2025104,802 92,069 
Total lease payments$265,150 $257,330 
Less interest(61,142)(63,957)
Present value of lease liabilities$204,008 $193,373