Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents ($4.7 million and $6.2 million restricted from use at December 31, 2015 and 2014, respectively)	$ 69,962	$ 50,940
Advisory fees receivable, net of allowance for doubtful accounts of $0.3 million and $0.1 million at December 31, 2015 and 2014, respectively	64,430	81,771
Other receivables	5,470	5,493
Property and equipment, net of accumulated depreciation of $58.5 million at December 31, 2015 and 2014	9,783	10,335
Investments in merchant banking funds	3,575	4,173
Goodwill	209,024	130,976
Deferred tax asset, net	56,072	50,244
Other assets	5,522	3,718
Total assets	423,838	337,650
Liabilities and Equity
Compensation payable	22,133	26,404
Accounts payable and accrued expenses	9,858	9,035
Current income taxes payable	19,020	10,007
Bank revolving loan payable	39,800	35,600
Bank term loans payable	33,750	0
Contingent obligation due selling unitholders of Cogent	13,647	0
Deferred tax liability	1,580	362
Total liabilities	139,788	81,408
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 40,511,209 and 38,898,163 shares issued as of December 31, 2015 and 2014, respectively; 29,325,374 and 28,053,563 shares outstanding as of December 31, 2015 and 2014, respectively	405	389
Contingent convertible preferred stock, par value $0.01 per share; 10,000,000 shares authorized, 1,099,877 shares issued as of December 31, 2015 and 2014, respectively; 0 and 439,951 shares outstanding as of December 31, 2015 and 2014, respectively	0	14,446
Restricted stock units	84,969	90,107
Additional paid-in capital	697,607	596,463
Exchangeable shares of subsidiary; 257,156 shares issued as of December 31, 2015 and 2014; 32,804 shares outstanding as of December 31, 2015 and 2014	1,958	1,958
Retained earnings	109,860	141,290
Accumulated other comprehensive income (loss)	(28,405)	(17,969)
Treasury stock, at cost, par value $0.01 per share; 11,185,835 and 10,844,600 shares as of December 31, 2015 and 2014, respectively	(583,038)	(571,136)
Stockholders’ equity	283,356	255,548
Noncontrolling interests	694	694
Total equity	284,050	256,242
Total liabilities and equity	$ 423,838	$ 337,650