Cost Saving Initiatives (Tables)

3 Months Ended

Mar. 31, 2014

Restructuring And Related Activities [Abstract]

Schedule of Expenses and Cumulative Expenses Associated With Implementation of Cost Savings Initiatives

Expenses associated with the implementation of the Cost Saving Initiatives were completed during the second quarter of 2013. The Company incurred these expenses, by segment, as reflected in the tables below:


	Financial Advisory		Asset Management			Corporate		Total
Three Month Period Ended March 31, 2013:
Compensation and benefits	$	20,394	$	236		$	4,041	$	24,671
Other		1,621		(1	)		31		1,651

Total	$	22,015	$	235		$	4,072	$	26,322


	Financial Advisory		Asset Management			Corporate		Total
Cumulative October 2012 Through March 31, 2013:
Compensation and benefits	$	96,527	$	12,292		$	15,839	$	124,658
Other		3,020		732			488		4,240

Total	$	99,547	$	13,024		$	16,327	$	128,898

Activity related to the obligations pursuant to the Cost Saving Initiatives during the three month period ended March 31, 2014 was as follows:


	Accrued Compensation and Benefits			Other Liabilities		Total
Balance, January 1, 2014	$	11,860		$	5,356	$	17,216
Less:
Settlements		(2,390	)		–		(2,390	)

Balance, March 31, 2014	$	9,470		$	5,356	$	14,826