0001282977-21-000020.txt : 20210429 0001282977-21-000020.hdr.sgml : 20210429 20210429161628 ACCESSION NUMBER: 0001282977-21-000020 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20210429 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210429 DATE AS OF CHANGE: 20210429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREENHILL & CO INC CENTRAL INDEX KEY: 0001282977 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 510500737 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32147 FILM NUMBER: 21870830 BUSINESS ADDRESS: STREET 1: 1271 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 212-389-1500 MAIL ADDRESS: STREET 1: 1271 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 8-K 1 gh-20210429.htm 8-K gh-20210429
FALSE000128297700012829772021-04-292021-04-2900012829772021-03-042021-03-04


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 _____________________________________________________________________________________
FORM 8-K
 _____________________________________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 29, 2021
 ___________________________________________________________________________________
GREENHILL & CO., INC.
(Exact name of registrant as specified in its charter)
     
_____________________________________________________________________________________
Commission File Number: 001-32147
Delaware 51-0500737
(State or other jurisdiction
of incorporation)
 (I.R.S. Employer
Identification No.)
1271 Avenue of the Americas
New York, New York
 
10020
(ZIP Code)

(Address of principal executive offices) 
Registrant’s telephone number, including area code: (212) 389-1500
Former name or former address, if changed since last report: NOT APPLICABLE
  _____________________________________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act
Title of each classTrading Symbol(s)Name of exchange on which registered
Common Stock, par value $0.01 per shareGHLThe New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Section 2.Financial Information.
Item 2.02. Results of Operations and Financial Condition
On April 29, 2021 Greenhill & Co., Inc. ("Greenhill" or the "Firm") issued a press release announcing its financial results for the first quarter ended March 31, 2021. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information furnished pursuant to this item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of Greenhill under the Securities Act of 1933 or the Exchange Act.

Section 9.Financial Statements and Exhibits.
Item 9.01. Financial Statements and Exhibits.
(d)          Exhibits. The following exhibit is being furnished as part of this Report.
 
Exhibit
Number
  Description
99.1  Press Release of Greenhill & Co., Inc. dated April 29, 2021.



EXHIBIT INDEX


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
  Greenhill & Co., Inc.
Date: April 29, 2021  By: /s/ Harold J. Rodriguez, Jr.
   Name: Harold J. Rodriguez, Jr.
   Title: Chief Financial Officer


EX-99.1 2 earningsrelease-q12021.htm EX-99.1 Document
image0a04na011a.gif


Contact:    Patrick Suehnholz                        
    Director of Investor Relations                 
    Greenhill & Co., Inc.                     
    (212) 389-1800                                        


GREENHILL & CO. REPORTS FIRST QUARTER 2021 RESULTS

Quarterly revenues of $68.9 million, up 3% from prior year’s first quarter

Both compensation costs and non-compensation costs lower than last year’s first quarter

Continued accelerated debt reduction with $20 million discretionary repayment after quarter end

Repurchased 972,766 shares of common stock and common stock equivalents during the quarter at an average price of $14.95 per share

Recruited 2 Managing Directors to expand our M&A coverage of telecom and communications infrastructure and media sectors

Recruited 3 Managing Directors for Private Capital Advisory and 2 other senior professionals to expand our capabilities in primary capital raising

NEW YORK, NEW YORK, April 29, 2021 – Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $68.9 million, net income of $2.1 million and diluted earnings per share of $0.09 for the quarter ended March 31, 2021.

The Firm’s first quarter 2021 revenues compare to revenues of $67.1 million in the comparable period in 2020, an increase of $1.8 million, or 3%. The Firm’s first quarter 2021 net income and diluted earnings per share compare to a net loss of $7.6 million and a loss per share of $0.40 for the first quarter 2020.

The Firm’s revenues and net income can fluctuate materially depending on the number, size and timing of completed transactions on which it advised and other factors. Accordingly, the revenues and net income in any particular period may not be indicative of future results.

“We achieved a solid revenue outcome on the heels of last quarter's record result. Market conditions are currently favorable for M&A, we are winning an increasing number of assignments and are benefiting from improved contributions from many regions and sectors that had been relatively quiet last year. Restructuring opportunities have declined as we expected, and we are refocusing our energies on assisting clients in financing transactions given robust market conditions. On the cost side, we demonstrated continued discipline on both
1

compensation and non-compensation expenses, while our interest expense declined further. Our resulting cash flow allowed us to continue to accelerate the reduction of debt. Lastly, we have made good progress toward our recruiting goals and expect 2021 to be an important year of expansion for our business in both M&A and Private Capital Advisory,” Scott L. Bok, Chairman and Chief Executive Officer, commented.

Revenues

Revenues were $68.9 million in the first quarter of 2021 compared to $67.1 million in the first quarter of 2020, an increase of $1.8 million, or 3%. The increase in our revenues in the first quarter of 2021 as compared to the first quarter of 2020 resulted from an increase in merger and acquisition transaction completion fees, restructuring advisory fees and financing advisory fees, partially offset by a reduction in private capital advisory fees.

Recruiting Update

The Firm is announcing today several recruiting developments related to our global M&A business. Jennifer Fritzsche has joined the Firm in Chicago as a Managing Director focused on the telecom and communications infrastructure industry. Ms. Fritzsche spent 25 years at Wells Fargo where she was a leading equity research analyst focused on the telecom industry. She received a top ranking from Institutional Investor in the communications infrastructure space for 4 years. Gaurav Madan will join the Firm shortly in New York as a Managing Director focused on the media industry. Mr. Madan has spent the last 13 years at Goldman Sachs, where he has focused on M&A in the technology, media and telecommunication group. Shinichi Ono has joined the Firm as a Principal in Tokyo, where he will focus on M&A for Japanese companies. Mr. Ono joined us from GCA, an advisory-focused firm based in Japan.

In addition, we are announcing today several recruiting developments related to our global Private Capital Advisory business. Tom Donovan has joined us as a Managing Director based in Chicago who will lead a global team focused on primary capital raising. This business is a natural extension of the Firm’s existing business advising institutional investors as well as fund general partners on transactions in the secondary market for private equity investments. Mr. Donovan has 17 years of experience raising private capital and joined us from the capital raising specialist Mercury Capital Advisors, where he spent the past 3 years. Prior to that he worked in the capital raising groups at Lazard and Credit Suisse. Four individuals are joining Mr. Donovan as part of our initial senior team focused on primary capital raising. Ryan Carey will join us as a Managing Director in New York focused on eastern U.S. region distribution. Mr. Carey has been with Jefferies in a capital raising role for the past 4 years and prior to that spent 4 years with the capital advisory specialist firm Sixpoint Partners. Prior to that he was with HSBC and Merrill Lynch in similar roles. Paul Tam will join us as a Managing Director in San Francisco focused on distribution in the western U.S. region. Mr. Tam has more than 30 years of relevant investment banking experience and most recently spent 8 years focused on distribution at Mercury. Prior to that he spent 4 years at Brookfield in a capital raising role. Verena Jung will join us as a Principal based in London and focused on European distribution. Ms. Jung has been based in London with Mercury for 7 years in a European distribution role. Amani Teshome will join us from Mercury as a Vice President in New York focused on project management.

2

The Firm remains in dialogue with numerous additional candidates in the M&A and Private Capital Advisory businesses and expects to finalize additional recruits in the near term and throughout the year.

Including all Managing Directors whose recruitment we have announced to date, we have 70 client-facing Managing Directors as of this date. As of the beginning of 2021, we also had 70 such Managing Directors.


Expenses

Operating Expenses

Our total operating expenses for the first quarter of 2021 were $61.7 million, which compared to $69.8 million of total operating expenses for the first quarter of 2020. The decrease in total operating expenses of $8.1 million, or 12%, resulted from both lower compensation and benefits expenses and non-compensation operating expenses, each as described in more detail below.


The following table sets forth information relating to our operating expenses.

For the Three Months Ended March 31,
20212020
(in millions, unaudited)
Employee compensation and benefits expenses$47.3$54.4
% of revenues
69 %81 %
Non-compensation operating expenses14.415.4
% of revenues
21 %23 %
Total operating expenses61.769.8
% of revenues
90 %104 %
Total operating income (loss)7.2(2.7)
Operating profit margin
10 %NM

Compensation and Benefits Expenses

Our employee compensation and benefits expenses of $47.3 million in the first quarter of 2021 compare to $54.4 million for the first quarter of 2020. The decrease in expense of $7.1 million, or 13%, is principally due to a lower incentive compensation charge for the quarter. The ratio of compensation to revenues was 69% for the first quarter of 2021 as compared to 81% for the same period in the prior year.
Our compensation expense is generally based upon revenues and can fluctuate materially in any particular period depending upon changes in headcount, amount of revenues recognized, as well as other factors. Accordingly, the amount of compensation expense recognized in any particular period may not be indicative of compensation expense in a future period.

3

Non-Compensation Operating Expenses

For the three months ended March 31, 2021, our non-compensation operating expenses of $14.4 million decreased by $1.0 million, or 7%, compared to $15.4 million in the same period in 2020. During the first quarter of 2021, the benefit of minimal travel expense due to the global pandemic was partially offset by the recognition of a foreign exchange loss as compared to a foreign exchange gain in the same period in the prior year.

Non-compensation expenses as a percentage of revenues for the three months ended March 31, 2021 were 21% compared to 23% for the same period in 2020.

Our non-compensation operating expenses can vary as a result of a variety of factors such as changes in headcount, the amount of recruiting and business development activity, the amount of office expansion, the amount of client reimbursed expenses, the impact of currency movements and other factors. Accordingly, the non-compensation operating expenses in any particular period may not be indicative of the non-compensation operating expenses in future periods.

Interest Expense

For the three months ended March 31, 2021, we incurred interest expense of $3.2 million as compared to $4.8 million for the same period in 2020. The decrease of $1.6 million related to both a lower market borrowing rate and lower borrowings outstanding.

The rate of interest on our borrowing is based on LIBOR and can vary from period to period. Accordingly, the amount of interest expense in any particular period may not be indicative of the amount of interest expense in future periods.

Provision for Income Taxes

For the three months ended March 31, 2021, we recognized an income tax expense of $1.9 million as compared to $0.1 million for the same period in 2020.

The income tax expense recorded for the three months ended March 31, 2021 and 2020 included charges of $0.9 million and $1.8 million, respectively, related to the tax effect of the difference between the grant price value and the market price value of restricted stock awards at the time of the vesting. Excluding these charges, the effective income tax rate for the quarters ended March 31, 2021 and 2020 would have been 26% and 22%, respectively.

The effective tax rate can fluctuate as a result of variations in the relative amounts of income earned and the tax rate imposed in the tax jurisdictions in which we operate. Accordingly, the effective tax rate in any particular period may not be indicative of the effective tax rate in future periods.

Liquidity and Capital Resources

As of March 31, 2021, we had cash and cash equivalents of $87.9 million and term loan debt with a principal balance of $326.9 million.

4

During April 2021, we made a voluntary principal repayment of $20.0 million on our term loan. Our next required principal payment is due in March 2023.

During the first quarter of 2021, we repurchased in the open market 337,739 shares of our common stock at an average price of $14.81 per share, for a total cost of $5.0 million. In addition, during the first quarter of 2021, we repurchased 635,027 restricted stock units from employees at the time of vesting to settle tax liabilities at an average price of $15.03 per share, for a total cost of $9.5 million.

For the period through January 31, 2022, our Board of Directors has authorized $50.0 million in purchases of shares and share equivalents (via tax withholding on vesting of restricted stock units). As of March 31, 2021, we have $35.5 million remaining under that authorization. Going forward, we intend to balance further debt repayment with prudent share repurchases subject to market conditions and other factors, such as our results of operations, financial position and capital requirements, use of cash for debt repayments, general business conditions, legal, tax and regulatory constraints or restrictions, any contractual restrictions and other factors deemed relevant.

Dividend

The Board of Directors of Greenhill & Co., Inc. has declared a dividend of $0.05 per share to be paid on June 16, 2021 to common stockholders of record on June 2, 2021.

Investor Presentation

An updated investor presentation highlighting the Firm’s results for the first quarter and other matters relevant for investors has been posted on its website today (www.greenhill.com).

Earnings Call

Greenhill will host a conference call beginning at 4:30 p.m. Eastern Time on Thursday, April 29, 2021, accessible via telephone and the internet. Scott L. Bok, Chairman and Chief Executive Officer, will review the Firm’s first quarter 2021 financial results and related matters. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing (888) 317 - 6003 (toll-free domestic) or (412) 317 - 6061 (international); passcode: 6458450. Please register at least 10 minutes before the conference call begins.  The conference call will also be accessible as an audio webcast through the Investor Relations section of Greenhill’s website at www.greenhill.com. There is no charge to access the call.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the call ends. The replay can be accessed at (877) 344 - 7529 (toll-free domestic) or (412) 317 - 0088 (international); passcode: 10154965.


5

Greenhill & Co., Inc. is a leading independent investment bank entirely focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments globally. It acts for clients located throughout the world from its offices in New York, Chicago, Frankfurt, Hong Kong, Houston, London, Madrid, Melbourne, Paris, San Francisco, Singapore, Stockholm, Sydney, Tokyo and Toronto.

Cautionary Note Regarding Forward-Looking Statements

The preceding discussion should be read in conjunction with our condensed consolidated financial statements and the related notes that appear below. We have made statements in this discussion that are forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “may”, “might”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “intend”, “predict”, “potential” or “continue”, the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the numerous risks outlined under ‘‘Risk Factors’’ in our Report on Form 10-K for the fiscal year 2020 as well as other public filings. We are under no duty and we do not undertake any obligation to update or review any of these forward-looking statements after the date on which they are made, whether as a result of new information, future developments or otherwise.
6


Greenhill & Co., Inc. and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
(In thousands, except share and per share data)

For the Three Months Ended March 31,
20212020
Revenues$68,924 $67,099 
Operating Expenses
Employee compensation and benefits47,292 54,360 
Occupancy and equipment rental4,397 5,346 
Depreciation and amortization787 599 
Information services2,358 2,405 
Professional fees2,196 2,322 
Travel related expenses192 2,388 
Other operating expenses4,477 2,350 
Total operating expenses61,699 69,770 
Total operating income (loss)7,225 (2,671)
Interest expense3,208 4,783 
Income (loss) before taxes4,017 (7,454)
Provision for taxes 1,933 119 
Net income (loss)$2,084 $(7,573)
Average shares outstanding:
Basic19,675,536 18,904,965 
Diluted23,700,175 18,904,965 
Earnings (loss) per share:
Basic$0.11 $(0.40)
Diluted$0.09 $(0.40)


7
EX-101.SCH 3 gh-20210429.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 gh-20210429_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 gh-20210429_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 gh-20210429_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Written Communications Written Communications Pre-commencement Tender Offer Pre-commencement Tender Offer Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Address, City or Town Entity Address, City or Town Soliciting Material Soliciting Material Entity Address, Address Line One Entity Address, Address Line One Security Exchange Name Security Exchange Name City Area Code City Area Code Cover [Abstract] Entity Central Index Key Entity Central Index Key Entity Tax Identification Number Entity Tax Identification Number Entity File Number Entity File Number Document Type Document Type Entity Emerging Growth Company Entity Emerging Growth Company Title of 12(b) Security Title of 12(b) Security Amendment Flag Amendment Flag Local Phone Number Local Phone Number Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code Trading Symbol Trading Symbol Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name EX-101.PRE 7 gh-20210429_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 8 image0a04na011a.gif begin 644 image0a04na011a.gif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end XML 9 gh-20210429_htm.xml IDEA: XBRL DOCUMENT 0001282977 2021-04-29 2021-04-29 0001282977 2021-03-04 2021-03-04 false 0001282977 8-K 2021-04-29 GREENHILL & CO., INC. 001-32147 DE 51-0500737 1271 Avenue of the Americas New York NY 10020 212 389-1500 false false false false Common Stock, par value $0.01 per share GHL NYSE false 2021-04-29 2021-04-29 XML 10 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Cover
Apr. 29, 2021
Mar. 04, 2021
Cover [Abstract]    
Document Type 8-K  
Document Period End Date Apr. 29, 2021  
Entity Registrant Name GREENHILL & CO., INC.  
Entity File Number   001-32147
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 51-0500737  
Entity Address, Address Line One 1271 Avenue of the Americas  
Entity Address, City or Town New York  
Entity Address, State or Province NY  
Entity Address, Postal Zip Code 10020  
City Area Code 212  
Local Phone Number 389-1500  
Written Communications false  
Soliciting Material false  
Pre-commencement Tender Offer false  
Pre-commencement Issuer Tender Offer false  
Title of 12(b) Security Common Stock, par value $0.01 per share  
Trading Symbol GHL  
Security Exchange Name NYSE  
Entity Emerging Growth Company false  
Amendment Flag   false
Entity Central Index Key   0001282977
EXCEL 11 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 12 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 13 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 14 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 2 95 1 false 0 0 false 0 false false R1.htm 0001001 - Document - Cover Sheet http://www.greenhill.com/role/Cover Cover Cover 1 false false All Reports Book All Reports gh-20210429.htm earningsrelease-q12021.htm gh-20210429.xsd gh-20210429_cal.xml gh-20210429_def.xml gh-20210429_lab.xml gh-20210429_pre.xml http://xbrl.sec.gov/dei/2019-01-31 true true JSON 16 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "gh-20210429.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 2, "dts": { "calculationLink": { "local": [ "gh-20210429_cal.xml" ] }, "definitionLink": { "local": [ "gh-20210429_def.xml" ] }, "inline": { "local": [ "gh-20210429.htm" ] }, "labelLink": { "local": [ "gh-20210429_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "gh-20210429_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "gh-20210429.xsd" ], "remote": [ "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 95, "memberCustom": 0, "memberStandard": 0, "nsprefix": "gh", "nsuri": "http://www.greenhill.com/20210429", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "gh-20210429.htm", "contextRef": "id747107721804267918d17b5320f1693_D20210429-20210429", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001001 - Document - Cover", "role": "http://www.greenhill.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "gh-20210429.htm", "contextRef": "id747107721804267918d17b5320f1693_D20210429-20210429", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.greenhill.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 17 0001282977-21-000020-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001282977-21-000020-xbrl.zip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end