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Other assets (Tables)	3 Months Ended
Other assets (Tables)	Mar. 31, 2024
Other Assets Abstract
Other Assets by Major Categories	The caption of other assets in the consolidated statements of financial condition consists of the following major categories: (In thousands) March 31, 2024 December 31, 2023 Net deferred tax assets (net of valuation allowance) $ 1,001,093 $ 1,009,068 Investments under the equity method 244,165 236,485 Prepaid taxes 32,146 39,052 Other prepaid expenses 26,332 29,338 Capitalized software costs 102,716 93,404 Derivative assets 24,040 24,419 Trades receivable from brokers and counterparties 23,477 23,102 Receivables from investments maturities 301,000 176,000 Principal, interest and escrow servicing advances 47,594 48,557 Guaranteed mortgage loan claims receivable 27,722 29,648 Operating ROU assets (Note 27) 110,712 116,106 Finance ROU assets (Note 27) 20,344 21,093 Assets for pension benefit 24,406 23,404 Others 135,155 144,888 Total other assets $ 2,120,902 $ 2,014,564
Composition of acquired or developed software costs	The following table summarizes the composition of acquired or developed software costs as well as costs related to hosting arrangements: Gross Carrying Accumulated Net Carrying (In thousands) Amount Amortization Value March 31, 2024 Software development costs $ 75,489 $ 23,983 $ 51,506 Software license costs 47,950 23,658 24,292 Cloud computing arrangements 37,240 10,322 26,918 Total Capitalized software costs [1] [2] $ 160,679 $ 57,963 $ 102,716 December 31, 2023 Software development costs $ 76,497 $ 22,086 $ 54,411 Software license costs 42,868 18,048 24,820 Cloud computing arrangements 23,623 9,450 14,173 Total Capitalized software costs [1] [2] $ 142,988 $ 49,584 $ 93,404 [1] Software intangible assets are presented as part of Other Assets in the Consolidated Statements of Financial Condition. [2] The tables above excludes assets that have been fully amortized.
Amortization expense for all capitalized software and hosting arrangement cost	Total amortization expense for all capitalized software and hosting arrangement cost, reflected as part of technology and software expenses in the consolidated statement of operations, is as follows: Quarters ended March 31, (In thousands) 2024 2023 Software development and license costs $ 17,701 $ 14,991 Cloud computing arrangements 872 984 Total amortization expense $ 18,573 $ 15,975