Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment's Contribution with Respect to Net Revenue, Operating Expenses, Operating Income (Loss)

the following information provides a reasonable representation of each segment’s contribution with respect to net revenue, operating income (loss) 

		Three Months Ended March 31,
		2014			2013(a)
Financial Advisory	Net Revenue	$	275,496		$	168,462
	Operating Expenses		245,415			216,908
	Operating Income (Loss)	$	30,081		$	(48,446	)
Asset Management	Net Revenue	$	268,564		$	244,025
	Operating Expenses		175,761			155,077
	Operating Income	$	92,803		$	88,948
Corporate	Net Revenue	$	(10,660	)	$	(10,584	)
	Operating Expenses		5,044			8,321
	Operating Loss	$	(15,704	)	$	(18,905	)
Total	Net Revenue	$	533,400		$	401,903
	Operating Expenses		426,220			380,306
	Operating Income	$	107,180		$	21,597

(a) See Note 14 of Notes to Condensed Consolidated Financial Statements for information regarding the Cost Saving Initiatives, and the impact on each of the Company’s business segments during the three month period ended March 31, 2013.

Schedule of Segment Total Assets

As Of
	March 31, 2014		December 31, 2013
Total Assets
Financial Advisory	$	702,885	$	714,708
Asset Management		536,836		612,018
Corporate		1,658,482		1,684,411
Total	$	2,898,203	$	3,011,137