Other Assets and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Schedule of Other Assets

The following table sets forth the Company’s other assets, by type, as of December 31, 2019 and 2018:

	December 31,
	2019		2018
Current income and other tax receivables	$	59,048	$	35,439
Prepaid compensation (see Note 16)		74,597		76,362
Other advances and prepayments		43,099		66,266
Other		80,455		80,567
Total	$	257,199	$	258,634

Schedule of Other Liabilities

The following table sets forth the Company’s other liabilities, by type, as of December 31, 2019 and 2018:

	December 31,
	2019		2018
Accrued expenses	$	179,275	$	166,112
Current income taxes and other taxes		138,363		130,261
Employee benefit-related liabilities		51,370		51,051
Deferred lease liabilities		-		84,449
Unclaimed funds at LFB		17,405		17,746
Deferred revenue (a)		97,964		80,995
Contingent consideration liability		-		10,009
Securities sold, not yet purchased		12,894		3,929
Other		36,997		32,434
Total	$	534,268	$	576,986

(a) The change in deferred revenue during the year ended December 31, 2019 principally relates to additional carried interest received from private equity investments that is subject to clawback. The revenue recognized during the current year related to the deferred revenue balance as of the beginning of the year was not material to the consolidated financial statements.