Consolidated Statements of Income (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues
Advisory revenues	$ 63,987	$ 83,066	$ 112,442	$ 164,513
Investment revenues (losses)	(964)	3,624	(5,850)	1,767
Total revenues	63,023	86,690	106,592	166,280
Expenses
Employee compensation and benefits	35,135	45,946	63,978	88,128
Occupancy and equipment rental	4,818	4,330	9,132	8,650
Depreciation and amortization	830	1,024	1,643	2,752
Information services	2,170	1,913	4,199	3,977
Professional fees	1,447	1,639	2,625	2,753
Travel related expenses	3,293	3,237	6,309	6,481
Interest expense	311	247	576	528
Other operating expenses	2,495	2,940	5,242	5,924
Total expenses	50,499	61,276	93,704	119,193
Income before taxes	12,524	25,414	12,888	47,087
Provision for taxes	4,470	9,927	4,596	17,983
Consolidated net income	8,054	15,487	8,292	29,104
Less: Net income allocated to noncontrolling interests	0	0	0	0
Net income allocated to common stockholders	$ 8,054	$ 15,487	$ 8,292	$ 29,104
Average shares outstanding:
Basic (shares)	29,954,291	29,912,161	30,218,513	30,131,291
Diluted (shares)	29,961,023	29,920,179	30,254,549	30,171,500
Earnings per share:
Basic (usd per share)	$ 0.27	$ 0.52	$ 0.27	$ 0.97
Diluted (usd per share)	$ 0.27	$ 0.52	$ 0.27	$ 0.96
Dividends declared and paid per share (usd per share)	$ 0.45	$ 0.45	$ 0.90	$ 0.90