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Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Schedule of Weighted Average Lease Term and Weighted Average Discount Rate and Operating Lease Costs

The following table presents the weighted average lease term and weighted average discount rate for the Company's operating leases as of March 31, 2025 and December 31, 2024, respectively:

			As of
			March 31, 2025						December 31, 2024
Weighted average remaining lease term (in years)			5.97						6.08
Weighted average discount rate			7.40%						7.50%

The following table presents operating lease costs recognized for the three months ended March 31, 2025 and March 31, 2024, 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,
			2025						2024
Operating lease costs:
Real estate leases - Right-of-use lease asset amortization			$	5,957					$	6,046
Real estate leases - Interest expense			3,129						3,323
Equipment leases - Right-of-use lease asset amortization			424						431
Equipment leases - Interest expense			45						46

Schedule of Maturities of Lease Liabilities

The maturities of lease liabilities as of March 31, 2025 and December 31, 2024 are as follows:    

(Expressed in thousands)
			As of
			March 31, 2025						December 31, 2024
2025			$	32,678					$	42,466
2026			41,896						40,596
2027			39,142						38,151
2028			25,444						24,794
2029			19,426						18,816
After 2030			55,117						52,472
Total lease payments			$	213,703					$	217,295
Less interest			(42,206)						(43,975)
Present value of lease liabilities			$	171,497					$	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

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X

- References

No definition available.

+ Details

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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

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