Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents ($4.3 million and $4.7 million restricted from use at December 31, 2016 and 2015, respectively)	$ 98,313	$ 69,962
Advisory fees receivable, net of allowance for doubtful accounts of $0.0 million and $0.3 million at December 31, 2016 and 2015, respectively	68,140	64,430
Other receivables	2,830	5,470
Property and equipment, net of accumulated depreciation of $59.0 and $58.5 million at December 31, 2016 and 2015	8,764	9,783
Goodwill	208,186	209,024
Deferred tax asset, net	62,108	56,072
Other assets	8,341	8,403
Total assets	456,682	423,144
Liabilities and Equity
Compensation payable	37,527	22,133
Accounts payable and accrued expenses	9,297	9,858
Taxes Payable, Current	18,968	19,020
Bank revolving loan payable	64,070	39,800
Bank term loans payable	16,875	33,750
Contingent obligation due selling unitholders of Cogent	15,095	13,647
Deferred tax liability	3,667	1,580
Total liabilities	165,499	139,788
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 41,377,614 and 40,511,209 shares issued as of December 31, 2016 and 2015, respectively; 28,981,189 and 29,325,374 shares outstanding as of December 31, 2016 and 2015, respectively	414	405
Restricted stock units	85,907	84,969
Additional paid-in capital	734,728	697,607
Exchangeable shares of subsidiary; 257,156 shares issued as of December 31, 2016 and 2015; 32,804 shares outstanding as of December 31, 2016 and 2015	1,958	1,958
Retained earnings	111,798	109,860
Accumulated other comprehensive income (loss)	(32,398)	(28,405)
Treasury stock, at cost, par value $0.01 per share; 12,396,425 and 11,185,835 shares as of December 31, 2016 and 2015, respectively	(611,224)	(583,038)
Stockholders’ equity	291,183	283,356
Total liabilities and equity	$ 456,682	$ 423,144