Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents ($4.9 million and $4.7 million restricted from use at June 30, 2016 and December 31, 2015, respectively)	$ 63,785	$ 69,962
Advisory fees receivable, net of allowance for doubtful accounts of $0.7 million and $0.3 million at June 30, 2016 and December 31, 2015, respectively	66,934	64,430
Other receivables	3,370	5,470
Property and equipment, net of accumulated depreciation of $59.6 million at June 30, 2016 and $58.5 million at December 31, 2015	9,593	9,783
Investments in merchant banking funds	3,540	3,575
Goodwill	212,317	209,024
Deferred tax asset, net	52,220	56,072
Other assets	6,958	5,522
Total assets	418,717	423,838
Liabilities and Equity
Compensation payable	18,521	22,133
Accounts payable and accrued expenses	11,766	9,858
Current income taxes payable	13,737	19,020
Bank revolving loan payable	54,900	39,800
Bank term loans payable	22,500	33,750
Contingent obligation due selling unitholders of Cogent	15,104	13,647
Deferred tax liability	2,405	1,580
Total liabilities	138,933	139,788
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 41,322,880 and 40,511,209 shares issued as of June 30, 2016 and December 31, 2015, respectively; 29,578,743 and 29,325,374 shares outstanding as of June 30, 2016 and December 31, 2015, respectively	413	405
Restricted stock units	62,584	84,969
Additional paid-in capital	732,874	697,607
Exchangeable shares of subsidiary; 257,156 shares issued as of June 30, 2016 and December 31, 2015; 32,804 shares outstanding as of June 30, 2016 and December 31, 2015	1,958	1,958
Retained earnings	104,497	109,860
Accumulated other comprehensive income (loss)	(27,445)	(28,405)
Treasury stock, at cost, par value $0.01 per share; 11,744,137 and 11,185,835 shares as of June 30, 2016 and December 31, 2015, respectively	(595,791)	(583,038)
Stockholders’ equity	279,090	283,356
Noncontrolling interests	694	694
Total equity	279,784	284,050
Total liabilities and equity	$ 418,717	$ 423,838