XML 60 R48.htm IDEA: XBRL DOCUMENT v3.24.1.u1
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment's Contribution with Respect to Net Revenue, Operating Expenses, Operating Income (Loss) and Total Assets
Management evaluates segment results based on net revenue and operating income (loss) and believes that the following information provides a reasonable representation of each segment’s contribution with respect to net revenue, operating income (loss) and total assets:
Three Months Ended
March 31,
20242023
Financial AdvisoryNet Revenue$453,507 $277,574 
Operating Expenses428,008 328,735 
Operating Income (Loss)$25,499 $(51,161)
Asset ManagementNet Revenue$295,476 $284,044 
Operating Expenses261,680 248,051 
Operating Income$33,796 $35,993 
CorporateNet Revenue (Loss)$15,770 $(19,182)
Operating Expenses 20,504 2,574 
Operating Loss$(4,734)$(21,756)
TotalNet Revenue$764,753 $542,436 
Operating Expenses710,192 579,360 
Operating Income (Loss)$54,561 $(36,924)
As Of
March 31, 2024December 31, 2023
Total Assets
Financial Advisory$1,026,444 $1,154,483 
Asset Management1,275,371 1,232,364 
Corporate2,285,155 2,248,934 
Total$4,586,970 $4,635,781