Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents ($4.9 million and $4.7 million restricted from use at March 31, 2016 and December 31, 2015, respectively)	$ 55,600	$ 69,962
Advisory fees receivable, net of allowance for doubtful accounts of $0.4 million and $0.3 million at March 31, 2016 and December 31, 2015, respectively	62,116	64,430
Other receivables	8,806	5,470
Property and equipment, net of accumulated depreciation of $59.2 million at March 31, 2016 and $58.5 million at December 31, 2015	9,523	9,783
Investments in merchant banking funds	3,577	3,575
Goodwill	215,098	209,024
Deferred tax asset, net	44,365	56,072
Other assets	5,601	5,522
Total assets	404,686	423,838
Liabilities and Equity
Compensation payable	14,919	22,133
Accounts payable and accrued expenses	9,016	9,858
Current income taxes payable	4,974	19,020
Bank revolving loan payable	55,100	39,800
Bank term loans payable	33,750	33,750
Contingent obligation due selling unitholders of Cogent	14,032	13,647
Deferred tax liability	2,014	1,580
Total liabilities	133,805	139,788
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 41,297,956 and 40,511,209 shares issued as of March 31, 2016 and December 31, 2015, respectively; 29,809,086 and 29,325,374 shares outstanding as of March 31, 2016 and December 31, 2015, respectively	413	405
Restricted stock units	51,716	84,969
Additional paid-in capital	731,806	697,607
Exchangeable shares of subsidiary; 257,156 shares issued as of March 31, 2016 and December 31, 2015; 32,804 shares outstanding as of March 31, 2016 and December 31, 2015	1,958	1,958
Retained earnings	99,396	109,860
Accumulated other comprehensive income (loss)	(24,376)	(28,405)
Treasury stock, at cost, par value $0.01 per share; 11,488,870 and 11,185,835 shares as of March 31, 2016 and December 31, 2015, respectively	(590,726)	(583,038)
Stockholders’ equity	270,187	283,356
Noncontrolling interests	694	694
Total equity	270,881	284,050
Total liabilities and equity	$ 404,686	$ 423,838