Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents ($9.7 million and $3.8 million restricted from use at June 30, 2019 and December 31, 2018, respectively)	$ 109,720	$ 156,374
Advisory fees receivable, net of allowance for doubtful accounts of $0.4 million and $0.0 million at June 30, 2019 and December 31, 2018, respectively	43,260	61,793
Other receivables	12,285	2,595
Property and equipment, net of accumulated depreciation of $46.3 million and $45.0 million at June 30, 2019 and December 31, 2018, respectively	6,621	7,185
Operating lease right-of-use asset	31,432	0
Goodwill	205,896	205,922
Deferred tax asset, net	42,995	43,706
Other assets	17,437	8,125
Total assets	469,646	485,700
Liabilities and Equity
Compensation payable	26,438	56,922
Accounts payable and accrued expenses	13,161	17,167
Current income taxes payable	1,677	7,486
Operating lease obligations	34,295	0
Secured term loan payable	366,481	319,479
Contingent obligation due selling unitholders of Cogent	0	18,293
Deferred tax liability	4,766	3,990
Total liabilities	446,818	423,337
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 46,653,102 and 45,001,788 shares issued as of June 30, 2019 and December 31, 2018, respectively; 20,800,103 and 20,404,996 shares outstanding as of June 30, 2019 and December 31, 2018, respectively	467	450
Restricted stock units	56,911	71,596
Additional paid-in capital	884,646	846,721
Exchangeable shares of subsidiary; 257,156 shares issued as of June 30, 2019 and December 31, 2018; 0 and 32,804 shares outstanding as of June 30, 2019 and December 31, 2018	0	1,958
Retained earnings	32,645	63,427
Accumulated other comprehensive income (loss)	(35,977)	(35,705)
Treasury stock, at cost, par value $0.01 per share; 25,852,999 and 24,596,792 shares as of June 30, 2019 and December 31, 2018, respectively	(915,864)	(886,084)
Stockholders’ equity	22,828	62,363
Total liabilities and equity	$ 469,646	$ 485,700