XML 61 R38.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
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 December 31, 2024 and December 31, 2023, respectively:
| As of |  |  |
| December 31, 2024 |  | December 31, 2023 |  |  |
Weighted average remaining lease term (in years) | 6.08 |  | 6.35 |  |  |
Weighted average discount rate | 7.50% |  | 7.72% |  |  |
The following table presents operating lease costs recognized for the years ended December 31, 2024 and December 31, 2023, respectively, which are included in occupancy and equipment costs on the consolidated income statements:
| (Expressed in thousands) |
|  | For the Year Ended December 31, 2024 |  | For the Year Ended December 31, 2023
| Operating lease costs: |  |  |
| Real estate leases - Right-of-use lease asset amortization | $ | 24,394 |  |  | $ | 25,568 |
| Real estate leases - Interest expense | 12,761 |  |  | 13,413 |
| Equipment leases - Right-of-use lease asset amortization | 1,706 |  |  | 1,717 |
| Equipment leases - Interest expense | 176 |  |  | 184 |
Schedule of Maturities of Lease Liabilities | The maturities of lease liabilities as of December 31, 2024 are as follows:
(Expressed in thousands) |  |  |
| As of December 31, 2024 |  |
2025 | $ | 42,466 |  |  |
2026 | 40,596 |  |  |
2027 | 38,151 |  |  |
2028 | 24,794 |  |  |
2029 | 18,816 |  |  |
After 2029 | 52,472 |  |  |
Total lease payments | $ | 217,295 |  |  |
Less interest | (43,975) |  |  |
Present value of lease liabilities | $ | 173,320 |  |  |

X
- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration