Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents ($9.7 million and $3.8 million restricted from use at September 30, 2019 and December 31, 2018, respectively)	$ 117,474	$ 156,374
Advisory fees receivable, net of allowance for doubtful accounts of $0.4 million and $0.0 million at September 30, 2019 and December 31, 2018, respectively	39,725	61,793
Other receivables	5,969	2,595
Property and equipment, net of accumulated depreciation of $46.6 million and $45.0 million at September 30, 2019 and December 31, 2018, respectively	6,359	7,185
Operating lease right-of-use asset	28,127	0
Goodwill	201,968	205,922
Deferred tax asset, net	46,148	43,706
Other assets	13,052	8,125
Total assets	458,822	485,700
Liabilities and Equity
Compensation payable	21,276	56,922
Accounts payable and accrued expenses	14,242	17,167
Current income taxes payable	1,662	7,486
Operating lease obligations	30,647	0
Secured term loan payable	357,554	319,479
Contingent obligation due selling unitholders of Cogent	0	18,293
Deferred tax liability	5,091	3,990
Total liabilities	430,472	423,337
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 46,755,222 and 45,001,788 shares issued as of September 30, 2019 and December 31, 2018, respectively; 19,759,779 and 20,404,996 shares outstanding as of September 30, 2019 and December 31, 2018, respectively	468	450
Restricted stock units	66,796	71,596
Additional paid-in capital	887,225	846,721
Exchangeable shares of subsidiary; 257,156 shares issued as of September 30, 2019 and December 31, 2018; 0 and 32,804 shares outstanding as of September 30, 2019 and December 31, 2018	0	1,958
Retained earnings	46,231	63,427
Accumulated other comprehensive income (loss)	(40,024)	(35,705)
Treasury stock, at cost, par value $0.01 per share; 26,995,443 and 24,596,792 shares as of September 30, 2019 and December 31, 2018, respectively	(932,346)	(886,084)
Stockholders’ equity	28,350	62,363
Total liabilities and equity	$ 458,822	$ 485,700