Consolidated Statements of Financial Condition (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Assets
Cash and cash equivalents ($4.6 million and $5.1 million restricted from use at September 30, 2014 and December 31, 2013, respectively)	$ 36,870	$ 42,679
Advisory fees receivable, net of allowance for doubtful accounts of $0.0 million at September 30, 2014 and December 31, 2013	88,324	85,236
Other receivables	2,252	2,877
Property and equipment, net of accumulated depreciation of $58.6 million and $57.0 million at September 30, 2014 and December 31, 2013, respectively	10,704	11,500
Investments in merchant banking funds	4,275	11,745
Goodwill	139,623	142,972
Deferred tax asset, net	47,532	54,202
Other assets	4,295	2,235
Total assets	333,875	353,446
Liabilities and Equity
Compensation payable	16,127	13,851
Accounts payable and accrued expenses	9,850	13,346
Current income taxes payable	10,983	15,345
Bank loan payable	39,200	30,849
Deferred tax liability	0	2,345
Total liabilities	76,160	75,736
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 38,834,967 and 37,872,756 shares issued as of September 30, 2014 and December 31, 2013, respectively; 28,137,583 and 27,767,702 shares outstanding as of September 30, 2014 and December 31, 2013, respectively	389	379
Contingent convertible preferred stock, par value $0.01 per share; 10,000,000 shares authorized and 1,099,877 shares issued as of September 30, 2014 and December 31, 2013 and 439,951 shares outstanding as of September 30, 2014 and December 31, 2013	14,446	14,446
Restricted stock units	85,707	117,258
Additional paid-in capital	591,989	534,533
Exchangeable shares of subsidiary; 257,156 shares issued as of September 30, 2014 and December 31, 2013; 32,804 shares outstanding as of September 30, 2014 and December 31, 2013	1,958	1,958
Retained earnings	139,810	152,412
Accumulated other comprehensive income (loss)	(12,735)	(9,361)
Treasury stock, at cost, par value $0.01 per share; 10,697,384 and 10,105,054 shares as of September 30, 2014 and December 31, 2013, respectively	(564,543)	(534,957)
Stockholders’ equity	257,021	276,668
Noncontrolling interests	694	1,042
Total equity	257,715	277,710
Total liabilities and equity	$ 333,875	$ 353,446