Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents ($4.3 million restricted from use at March 31, 2017 and December 31, 2016)	$ 51,993	$ 98,313
Advisory fees receivable, net of allowance for doubtful accounts of $0.0 million at March 31, 2017 and December 31, 2016	67,557	68,140
Other receivables	6,066	2,830
Property and equipment, net of accumulated depreciation of $59.5 million at March 31, 2017 and $59.0 million at December 31, 2016	8,605	8,764
Goodwill	214,335	208,186
Deferred tax asset, net	53,477	62,108
Other assets	8,122	8,341
Total assets	410,155	456,682
Liabilities and Equity
Compensation payable	15,228	37,527
Accounts payable and accrued expenses	9,189	9,297
Current income taxes payable	2,774	18,968
Bank revolving loan payable	74,000	64,070
Bank term loans payable	16,875	16,875
Contingent obligation due selling unitholders of Cogent	9,090	15,095
Deferred tax liability	4,022	3,667
Total liabilities	131,178	165,499
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 42,394,661 and 41,377,614 shares issued as of March 31, 2017 and December 31, 2016, respectively; 29,574,680 and 28,981,189 shares outstanding as of March 31, 2017 and December 31, 2016, respectively	424	414
Restricted stock units	58,519	85,907
Additional paid-in capital	773,999	734,728
Exchangeable shares of subsidiary; 257,156 shares issued as of March 31, 2017 and December 31, 2016; 32,804 shares outstanding as of March 31, 2017 and December 31, 2016	1,958	1,958
Retained earnings	95,599	111,798
Accumulated other comprehensive income (loss)	(27,782)	(32,398)
Treasury stock, at cost, par value $0.01 per share; 12,819,981 and 12,396,425 shares as of March 31, 2017 and December 31, 2016, respectively	(623,740)	(611,224)
Stockholders’ equity	278,977	291,183
Total liabilities and equity	$ 410,155	$ 456,682