v3.26.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of aggregate minimum lease commitments for operating leases Aggregate minimum lease payments on an undiscounted basis for the Company's operating leases and a reconciliation to accrued lease liabilities included on the consolidated statements of financial condition as of September 30, 2026 were as follows:
(Amounts in thousands)
Remainder of 2026$7,444 
202729,158 
202828,112 
202926,234 
203023,854 
Thereafter197,476 
Total operating lease payments
312,278 
Less: Tenant improvement allowances
(24,099)
Less: Present value discount
(124,476)
Total accrued lease liabilities
$163,703 
Schedule of operating lease costs
The following table summarizes the Company's operating lease costs:
Three Months EndedNine Months Ended
September 30,September 30,
(Amounts in millions)2026202520262025
Operating lease costs$7.9 $6.0 $19.5 $18.5 
Supplemental Operating Lease Information
Other information related to the Company's operating leases is as follows:
Nine Months Ended
September 30,
(Amounts in millions)20262025
Cash paid for lease liabilities
$19.6 $20.5 
ROU lease assets obtained in exchange for lease liabilities (i.e., new leases and amendments commenced during the period)
114.1 35.2 
September 30,December 31,
20262025
Weighted average remaining lease term (in years)
11.17.9
Weighted average discount rate
6.6 %5.9 %