v3.25.2
OPERATING LEASES (Tables)
 6 Months Ended
Jun. 30, 2025
Lessee Disclosure [Abstract]  
Schedule of Operating Lease Cost
Quarter Ended June 30,Six-Month Period Ended June 30,Statement of Operations
2025202420252024Classification
(In thousands)
Lease costs$2,238 $2,261 $4,478 $4,914 Occupancy and equipment
Variable lease costs414 370 796 781 Occupancy and equipment
Short-term lease costs101 91 201 141 Occupancy and equipment
Lease income(8)(29)(21)(51)Occupancy and equipment
Total lease costs$2,745 $2,693 $5,454 $5,785 
Schedule of Operating Lease Assets and Liabilities
June 30,December 31,Statement of Financial Condition
20252024Classification
(In thousands)
Right-of-use assets$17,284 $19,197 Operating lease right-of-use assets
Lease Liabilities$19,354 $21,388 Operating leases liabilities
Schedule of Operating Lease, Other Information
June 30,December 31,
20252024
(In thousands)
Weighted-average remaining lease term4.6 years4.8 years
Weighted-average discount rate7.6 %7.6 %
Schedule of Future Minimum Payments for Operating Leases and Present Value
Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2025 were as follows:
Minimum Rent
As of June 30, 2025(In thousands)
2025$3,505 
20265,872 
20274,807 
20283,457 
20291,872 
Thereafter3,534 
Total lease payments$23,047 
Less imputed interest3,693 
Present value of lease liabilities$19,354