Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents ($4.5 million and $4.3 million restricted from use at September 30, 2017 and December 31, 2016, respectively)	$ 50,875	$ 98,313
Advisory fees receivable, net of allowance for doubtful accounts of $0.3 million and $0.0 million at September 30, 2017 and December 31, 2016, respectively	54,342	68,140
Subscription receivable	20,000	0
Other receivables	3,734	2,830
Property and equipment, net of accumulated depreciation of $61.3 million and $59.0 million at September 30, 2017 and December 31, 2016, respectively..............................................................	8,471	8,764
Goodwill	218,216	208,186
Deferred tax asset, net	60,935	62,108
Other assets	7,898	8,341
Total assets	424,471	456,682
Liabilities and Equity
Compensation payable	18,103	37,527
Accounts payable and accrued expenses	10,068	9,297
Current income taxes payable	5,486	18,968
Bank revolving loan payable	83,775	64,070
Bank term loans payable	0	16,875
Contingent obligation due selling unitholders of Cogent	9,456	15,095
Deferred tax liability	4,764	3,667
Total liabilities	131,652	165,499
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 43,643,020 and 41,377,614 shares issued as of September 30, 2017 and December 31, 2016, respectively; 30,797,857 and 28,981,189 shares outstanding as of September 30, 2017 and December 31, 2016, respectively	437	414
Restricted stock units	75,422	85,907
Additional paid-in capital	797,197	734,728
Exchangeable shares of subsidiary; 257,156 shares issued as of September 30, 2017 and December 31, 2016; 32,804 shares outstanding as of September 30, 2017 and December 31, 2016	1,958	1,958
Retained earnings	65,196	111,798
Accumulated other comprehensive income (loss)	(23,127)	(32,398)
Treasury stock, at cost, par value $0.01 per share; 12,845,163 and 12,396,425 shares as of September 30, 2017 and December 31, 2016, respectively	(624,264)	(611,224)
Stockholders’ equity	292,819	291,183
Total liabilities and equity	$ 424,471	$ 456,682