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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 420,302 $ 593,646
Cash segregated under regulatory requirements 36,365 257,031
Securities owned 49,222 58,572
Marketable securities 360 349
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 1,455,333 304,022
Accrued commissions and other receivables, net 338,313 739,009
Loans, forgivable loans and other receivables from employees and partners, net 370,800 408,142
Fixed assets, net 204,531 214,782
Investments 33,400 38,008
Goodwill 487,434 556,211
Other intangible assets, net 219,291 287,157
Receivables from related parties 7,890 11,953
Other assets 461,379 480,418
Assets held for sale 1,048,859 0
Total assets 5,133,479 3,949,300
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 5,997 3,849
Accrued compensation 187,166 220,726
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 1,305,743 179,716
Payables to related parties 79,920 36,252
Accounts payable, accrued and other liabilities 652,366 1,363,919
Notes payable and other borrowings 1,243,248 1,315,935
Liabilities held for sale 850,112 0
Total liabilities 4,324,552 3,120,397
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 19,582 20,674
Stockholders’ equity:    
Additional paid-in capital 2,367,458 2,354,492
Treasury stock, at cost: 68,119 and 50,527 shares of Class A common stock at June 30, 2021 and December 31, 2020, respectively (406,701) (315,313)
Retained deficit (1,211,870) (1,265,504)
Accumulated other comprehensive income (loss) (30,605) (28,930)
Total stockholders’ equity 722,910 748,939
Noncontrolling interest in subsidiaries 66,435 59,290
Total equity 789,345 808,229
Total liabilities, redeemable partnership interest, and equity 5,133,479 3,949,300
Class A Common Stock    
Stockholders’ equity:    
Common stock value 4,169 3,735
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 459 $ 459