v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
The following table represents the consolidated statements of financial condition classification of the Company’s right-of-use assets and lease liabilities as of June 30, 2026 and December 31, 2025 (in thousands):
ClassificationJune 30, 2026December 31, 2025
Lease Right-of-Use Assets:
Operating lease right-of-use assetsOther assets$59,340 57,941 
Lease Liabilities:
Operating lease liabilitiesOther liabilities$62,821 61,125 
Schedule of Supplemental Cash Flow and Other information Related to Leases
The following tables represent lease costs and other lease information for the Company's operating leases. The variable lease cost primarily represents variable payments such as common area maintenance and utilities (in thousands):
Three months ended June 30, 2026Three months ended June 30, 2025
Lease Costs
Operating lease cost $3,631 3,471 
Variable lease cost 1,037 934 
Total lease cost$4,668 4,405 

Six months ended June 30, 2026Six months ended June 30, 2025
Lease Costs
Operating lease cost$7,301 7,015 
Variable lease cost2,226 2,041 
Total lease cost$9,527 9,056 

Cash paid for amounts included in the measurement of lease liabilities:Six months ended June 30, 2026Six months ended June 30, 2025
Operating cash flows from operating leases$6,530 6,866 
Schedule of Future Minimum Payments
Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2026, were as follows (in thousands):
Operating leases
Twelve months ended:
Remainder of 2025$6,626 
202612,421 
202711,188 
20289,914 
20298,868 
Thereafter22,073 
Total future minimum lease payments71,090 
Amounts representing interest8,269 
Present value of net future minimum lease payments$62,821