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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities:      
Consolidated net income $ 43,388us-gaap_ProfitLoss $ 46,682us-gaap_ProfitLoss $ 42,092us-gaap_ProfitLoss
Non-cash items included in consolidated net income:      
Depreciation and amortization 3,228us-gaap_DepreciationAndAmortization 4,461us-gaap_DepreciationAndAmortization 7,240us-gaap_DepreciationAndAmortization
Net investment losses 6,594us-gaap_GainLossOnInvestments 1,418us-gaap_GainLossOnInvestments 8,401us-gaap_GainLossOnInvestments
Restricted stock units recognized and common stock issued 39,990us-gaap_RestrictedStockExpense 56,100us-gaap_RestrictedStockExpense 54,178us-gaap_RestrictedStockExpense
Deferred taxes 3,633us-gaap_DeferredIncomeTaxExpenseBenefit (7,710)us-gaap_DeferredIncomeTaxExpenseBenefit (18,232)us-gaap_DeferredIncomeTaxExpenseBenefit
Deferred gain on sale of certain merchant banking assets (195)us-gaap_RecognitionOfDeferredRevenue (195)us-gaap_RecognitionOfDeferredRevenue (260)us-gaap_RecognitionOfDeferredRevenue
Changes in operating assets and liabilities:      
Advisory fees receivable 3,465us-gaap_IncreaseDecreaseInAccountsReceivable (30,792)us-gaap_IncreaseDecreaseInAccountsReceivable (1,170)us-gaap_IncreaseDecreaseInAccountsReceivable
Due (from) affiliates 0us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent 0us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent (3)us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent
Other receivables and assets (4,099)us-gaap_IncreaseDecreaseInOtherOperatingAssets (1,333)us-gaap_IncreaseDecreaseInOtherOperatingAssets (686)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Compensation payable 12,554us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (7,556)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (11,112)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accounts payable and accrued expenses 69us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 7,162us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 6,388us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Current income taxes payable (5,338)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (452)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 7,915us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash provided by operating activities 103,289us-gaap_NetCashProvidedByUsedInOperatingActivities 67,785us-gaap_NetCashProvidedByUsedInOperatingActivities 94,751us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities:      
Purchases of investments (28)us-gaap_PaymentsToAcquireInvestments (560)us-gaap_PaymentsToAcquireInvestments (6,536)us-gaap_PaymentsToAcquireInvestments
Proceeds from sales of investments 0us-gaap_PaymentsForProceedsFromInvestments 36,230us-gaap_PaymentsForProceedsFromInvestments 57,834us-gaap_PaymentsForProceedsFromInvestments
Distributions from investments 658ghl_ProceedsFromDistributionsReceivedFromInvestments 1,283ghl_ProceedsFromDistributionsReceivedFromInvestments 3,040ghl_ProceedsFromDistributionsReceivedFromInvestments
Financing liability 0ghl_PaymentOfFinancingLiability 0ghl_PaymentOfFinancingLiability (15,507)ghl_PaymentOfFinancingLiability
Purchases of property and equipment (2,439)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,151)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,833)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash provided by investing activities (1,809)us-gaap_NetCashProvidedByUsedInInvestingActivities 35,802us-gaap_NetCashProvidedByUsedInInvestingActivities 35,998us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities:      
Proceeds from revolving bank loan 72,176us-gaap_ProceedsFromLinesOfCredit 109,150us-gaap_ProceedsFromLinesOfCredit 114,870us-gaap_ProceedsFromLinesOfCredit
Repayment of revolving bank loan (67,425)us-gaap_RepaymentsOfLinesOfCredit (107,426)us-gaap_RepaymentsOfLinesOfCredit (113,845)us-gaap_RepaymentsOfLinesOfCredit
Distributions to noncontrolling interests 0us-gaap_PaymentsToMinorityShareholders (311)us-gaap_PaymentsToMinorityShareholders 0us-gaap_PaymentsToMinorityShareholders
Dividends paid (56,283)us-gaap_PaymentsOfDividendsCommonStock (56,225)us-gaap_PaymentsOfDividendsCommonStock (57,129)us-gaap_PaymentsOfDividendsCommonStock
Purchase of treasury stock (36,179)us-gaap_PaymentsForRepurchaseOfCommonStock (55,406)us-gaap_PaymentsForRepurchaseOfCommonStock (83,165)us-gaap_PaymentsForRepurchaseOfCommonStock
Net tax benefit (cost) from the delivery of restricted stock units and payment of dividend equivalents (2,888)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 8us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities (3,366)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash used in financing activities (90,599)us-gaap_NetCashProvidedByUsedInFinancingActivities (110,210)us-gaap_NetCashProvidedByUsedInFinancingActivities (142,635)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (2,620)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (1,022)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 160us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net (decrease) in cash and cash equivalents 8,261us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (7,645)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (11,726)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 42,679us-gaap_CashAndCashEquivalentsAtCarryingValue 50,324us-gaap_CashAndCashEquivalentsAtCarryingValue 62,050us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year 50,940us-gaap_CashAndCashEquivalentsAtCarryingValue 42,679us-gaap_CashAndCashEquivalentsAtCarryingValue 50,324us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:      
Cash paid for interest 1,116us-gaap_InterestPaid 989us-gaap_InterestPaid 1,114us-gaap_InterestPaid
Cash paid for taxes, net of refunds $ 26,079us-gaap_IncomeTaxesPaidNet $ 32,521us-gaap_IncomeTaxesPaidNet $ 36,158us-gaap_IncomeTaxesPaidNet