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Leases (Tables)
9 Months Ended
Sep. 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 September 30, 2021 and December 31, 2020, respectively:
As of
September 30, 2021December 31, 2020
Weighted average remaining lease term (in years)7.547.84
Weighted average discount rate6.90%7.43%

The following table presents operating lease costs recognized for the three and nine months ended September 30, 2021 and September 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
September 30,
For the Nine Months Ended
September 30,
2021202020212020
Operating lease costs:
   Real estate leases - Right-of-use lease asset amortization$6,053 $5,862 $18,171 $17,326 
   Real estate leases - Interest expense3,523 3,720 10,726 11,475 
   Equipment leases - Right-of-use lease asset amortization453 473 1,343 1,421 
   Equipment leases - Interest expense34 48 110 153 
Schedule of Maturities of Lease Liabilities
The maturities of lease liabilities as of September 30, 2021 and December 31, 2020 are as follows:    
(Expressed in thousands)
As of
September 30, 2021December 31, 2020
2021$10,466 $40,981 
202240,992 36,999 
202338,073 33,984 
202433,201 29,425 
202527,580 23,872 
After 2025104,842 92,069 
Total lease payments$255,154 $257,330 
Less interest(57,626)(63,957)
Present value of lease liabilities$197,528 $193,373