Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents ($5.7 million and $6.2 million restricted from use at June 30, 2015 and December 31, 2014, respectively)	$ 47,277	$ 50,940
Advisory fees receivable, net of allowance for doubtful accounts of $0.3 million and $0.1 million at June 30, 2015 and December 31, 2014, respectively	79,962	81,771
Other receivables	6,043	5,493
Property and equipment, net of accumulated depreciation of $59.1 million at June 30, 2015 and $58.5 million at December 31, 2014	9,873	10,335
Investments in merchant banking funds	3,305	4,173
Goodwill	216,790	130,976
Deferred tax asset, net	47,397	50,244
Other assets	6,839	3,718
Total assets	417,486	337,650
Liabilities and Equity
Compensation payable	14,461	26,404
Accounts payable and accrued expenses	15,191	9,035
Current income taxes payable	12,872	10,007
Bank revolving loan payable	38,750	35,600
Other Loans Payable	33,750	0
Contingent obligation due selling unitholders of Cogent	13,144	0
Deferred tax liability	705	362
Total liabilities	128,873	81,408
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 40,443,286 and 38,898,163 shares issued as of June 30, 2015 and December 31, 2014, respectively; 29,285,938 and 28,053,563 shares outstanding as of June 30, 2015 and December 31, 2014, respectively	404	389
Contingent convertible preferred stock, par value $0.01 per share; 10,000,000 shares authorized and 1,099,877 shares issued as of June 30, 2015 and December 31, 2014; 0 and 439,951 shares outstanding as of June 30, 2015 and December 31, 2014, respectively	0	14,446
Restricted stock units	66,515	90,107
Additional paid-in capital	694,278	596,463
Exchangeable shares of subsidiary; 257,156 shares issued as of June 30, 2015 and December 31, 2014; 32,804 shares outstanding as of June 30, 2015 and December 31, 2014	1,958	1,958
Retained earnings	129,919	141,290
Accumulated other comprehensive income (loss)	(23,215)	(17,969)
Treasury stock, at cost, par value $0.01 per share; 11,157,348 and 10,844,600 shares as of June 30, 2015 and December 31, 2014, respectively	(581,940)	(571,136)
Stockholders’ equity	287,919	255,548
Noncontrolling interests	694	694
Total equity	288,613	256,242
Total liabilities and equity	$ 417,486	$ 337,650