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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities    
Net Income $ 14,494 $ 13,869
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Net Realized and Unrealized (Gains) Losses on Investments, Marketable Securities and Contingent Consideration (1,611) (6,517)
Equity-Based and Other Deferred Compensation 86,950 67,985
Depreciation, Amortization and Accretion 14,202 13,129
Bad Debt Expense 566 953
Deferred Taxes (1,109) 9,516
Decrease (Increase) in Operating Assets:    
Marketable Securities 553 449
Financial Instruments Owned and Pledged as Collateral at Fair Value (856) (60,466)
Securities Purchased Under Agreements to Resell 1,321 67,087
Accounts Receivable (19,995) (10,866)
Receivable from Employees and Related Parties 2,254 (3,365)
Other Assets 5,221 4,642
(Decrease) Increase in Operating Liabilities:    
Accrued Compensation and Benefits (49,418) 22,654
Accounts Payable and Accrued Expenses (1,185) 1,204
Securities Sold Under Agreements to Repurchase (478) (6,478)
Payables to Employees and Related Parties (2,388) (1,383)
Taxes Payable (886) (2,285)
Deferred Revenue 3,478  
Other Liabilities (4,072) (73)
Net Cash Provided by Operating Activities 47,041 110,055
Cash Flows From Investing Activities    
Investments Purchased (1,214) (670)
Distributions of Private Equity Investments 906 1,430
Marketable Securities:    
Proceeds from Sales and Maturities 60,642 69,618
Purchases (22,618) (42,524)
Cash Paid for Acquisitions, net of cash acquired   (30,397)
Change in Restricted Cash 2,393  
Purchase of Furniture, Equipment and Leasehold Improvements (11,874) (2,588)
Net Cash Provided by (Used in) Investing Activities 28,235 (5,131)
Cash Flows From Financing Activities    
Payments for Settlement of Debt and Capital Lease Obligations   (8,335)
Issuance of Noncontrolling Interests 296 1,009
Distributions to Noncontrolling Interests-Evercore LP Limited Partners (11,984) (16,656)
Cash Paid for Deferred and Contingent Consideration (3,000) (5,140)
Proceeds from Equity Offering, Net of Direct Expenses   168,140
Purchase of Evercore LP Units and Treasury Stock (65,159) (130,231)
Dividends-Class A Stockholders (17,703) (13,591)
Other 787 5,127
Net Cash (Used in) Provided by Financing Activities (96,763) 323
Effect of Exchange Rate Changes on Cash 923 (2,658)
Net (Decrease) Increase in Cash and Cash Equivalents (20,564) 102,589
Cash and Cash Equivalents-Beginning of Period 182,905 141,337
Cash and Cash Equivalents-End of Period 162,341 243,926
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Payments for Interest 11,694 15,883
Payments for Income Taxes 8,565 13,749
Furniture, Equipment and Leasehold Improvements Accrued 397  
Decrease in Fair Value of Redeemable Noncontrolling Interest 1,303 3,650
Dividend Equivalents Issued $ 3,598 $ 1,866