Consolidated VIEs

12 Months Ended

Dec. 31, 2019

Variable Interest Entity Consolidated Carrying Amount Assets And Liabilities [Abstract]

Consolidated VIEs

24. CONSOLIDATED VIEs

The Company’s consolidated VIEs as of December 31, 2019 include certain funds that were recently established for the benefit of employees participating in the Company’s existing LFI deferred compensation arrangement.  Lazard invests in these funds and is the investment manager and is therefore deemed to have both the power to direct the most significant activities of the funds and the right to receive benefits (or the obligation to absorb losses) that could potentially be significant to these funds.  The Company’s consolidated VIE assets and liabilities as reflected in the consolidated statements of financial condition consist of the following at December 31, 2019:

ASSETS
Cash and cash equivalents	$	3,826
Customers and other receivables		102
Investments (a)		97,474
Other assets		245
Total Assets	$	101,647

LIABILITIES
Deposits and other customer payables	$	62
Other liabilities		513
Total Liabilities	$	575

(a) Includes $83,036 of LFI held by Lazard Group which is eliminated in the consolidated statements of financial condition.