Condensed Consolidated Statements of Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Advisory revenues	$ 56,700	$ 66,553
Investment revenues	229	312
Total revenues	56,929	66,865
Expenses
Employee compensation and benefits	44,050	44,506
Occupancy and equipment rental	4,708	4,671
Depreciation and amortization	786	848
Information services	2,412	2,370
Professional fees	1,610	1,509
Travel related expenses	2,720	2,816
Interest expense	819	746
Other operating expenses	(2,350)	2,941
Total expenses	54,755	60,407
Income before taxes	2,174	6,458
Provision for taxes	2,920	2,101
Net income (loss) allocated to common stockholders	$ (746)	$ 4,357
Average shares outstanding:
Basic (shares)	31,904,270	31,645,894
Diluted (shares)	31,904,270	31,716,563
Earnings (loss) per share:
Basic (usd per share)	$ (0.02)	$ 0.14
Diluted (usd per share)	(0.02)	0.14
Dividends declared and paid per share (usd per share)	$ 0.45	$ 0.45