Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

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 at March 31, 2020 (in thousands):

	Classification	March 31, 2020		December 31, 2019
Lease Right-of-Use Assets:
Operating lease right-of-use assets	Other assets	$	40,110	$	41,754
Lease Liabilities:
Operating lease liabilities	Other liabilities	$	41,144	$	42,815

Schedule of Supplemental Cash Flow and Other information Related to Leases

The following table represents 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):

(in-thousands)	Three months ended March 31, 2020		Three months ended March 31, 2019
Lease Costs:
Operating lease cost	$	2,130	$	2,050
Variable lease cost	607		760
Total Lease Cost	$	2,737	$	2,810

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,125	$	2,044

Schedule of Future Minimum Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of March 31, 2020 were as follows:

(in-thousands)	Operating Leases
Twelve months ended:
Remainder of 2020	$	6,274
2021	6,085
2022	5,257
2023	4,747
2024	4,346
Thereafter	22,195
Total future minimum lease payments	48,904
Amounts representing interest	7,760
Present value of net future minimum lease payments	$	41,144