Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents ($3.9 million and $4.3 million restricted from use at December 31, 2017 and 2016, respectively)	$ 267,646	$ 98,313
Advisory fees receivable, net of allowance for doubtful accounts of $0.3 million and $0.0 million at December 31, 2017 and 2016, respectively	64,244	68,140
Other receivables	3,964	2,830
Property and equipment, net of accumulated depreciation of $62.1 and $59.0 million at December 31, 2017 and 2016	8,602	8,764
Goodwill	217,737	208,186
Deferred tax asset, net	42,345	62,108
Other assets	6,279	8,341
Total assets	610,817	456,682
Liabilities and Equity
Compensation payable	26,022	37,527
Accounts payable and accrued expenses	15,443	9,297
Current income taxes payable	5,311	18,968
Bank revolving loan payable	0	64,070
Bank term loans payable	0	16,875
Secured term loan payable	339,048	0
Contingent obligation due selling unitholders of Cogent	13,763	15,095
Deferred tax liability	2,928	3,667
Total liabilities	402,515	165,499
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 43,750,170 and 41,377,614 shares issued as of December 31, 2017 and 2016, respectively; 27,084,520 and 28,981,189 shares outstanding as of December 31, 2017 and 2016, respectively	438	414
Restricted stock units	80,512	85,907
Additional paid-in capital	800,806	734,728
Exchangeable shares of subsidiary; 257,156 shares issued as of December 31, 2017 and 2016; 32,804 shares outstanding as of December 31, 2017 and 2016	1,958	1,958
Retained earnings	37,595	111,798
Accumulated other comprehensive income (loss)	(22,222)	(32,398)
Treasury stock, at cost, par value $0.01 per share; 16,665,650 and 12,396,425 shares as of December 31, 2017 and 2016, respectively	(690,785)	(611,224)
Stockholders’ equity	208,302	291,183
Total liabilities and equity	$ 610,817	$ 456,682