CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents	$ 908,586	$ 1,308,218
Deposits with banks and short-term investments	264,944	268,684
Restricted cash	34,252	32,466
Receivables (net of allowance for credit losses of $26,340 and $32,033 at March 31, 2025 and December 31, 2024, respectively):
Fees	531,498	640,567
Customers and other	151,506	113,056
Receivables	683,004	753,623
Investments	506,497	614,947
Property (net of accumulated amortization and depreciation of $344,457 and $332,840 at March 31, 2025 and December 31, 2024, respectively)	168,190	160,402
Operating lease right-of-use assets	430,502	434,938
Goodwill and other intangible assets (net of accumulated amortization of $67,711 at both March 31, 2025 and December 31, 2024)	394,103	393,575
Deferred tax assets	496,848	479,582
Other assets	345,141	347,558
Total Assets	4,232,067	4,793,993
Liabilities:
Deposits and other customer payables	335,380	308,213
Accrued compensation and benefits	248,194	844,953
Operating lease liabilities	503,875	505,483
Tax receivable agreement obligation	75,826	75,899
Senior debt	1,687,841	1,687,052
Deferred tax liabilities	1,077	1,084
Other liabilities	647,510	606,526
Total Liabilities	3,499,703	4,029,210
Commitments and contingencies
Redeemable noncontrolling interests	83,811	79,629
STOCKHOLDERS’ EQUITY
Preferred stock, par value $0.01 per share; 15,000,000 shares authorized; no shares issued and outstanding at March 31, 2025 and December 31, 2024	0	0
Common stock:
Par value $0.01 per share (500,000,000 shares authorized; 112,766,091 shares issued at March 31, 2025 and December 31, 2024, including shares held by subsidiaries)	1,128	1,128
Additional paid-in-capital	131,697	327,810
Retained earnings	1,477,662	1,472,113
Accumulated other comprehensive loss, net of tax	(306,766)	(326,742)
Stockholders' equity subtotal before common stock held by subsidiaries and Noncontrolling interests, total	1,303,721	1,474,309
Common stock held by subsidiaries, at cost (18,618,701 and 22,467,315 shares at March 31, 2025 and December 31, 2024, respectively)	(700,693)	(838,069)
Total Lazard Stockholders’ Equity	603,028	636,240
Noncontrolling interests	45,525	48,914
Total Stockholders’ Equity	648,553	685,154
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity	$ 4,232,067	$ 4,793,993