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Acquisition and Transition Costs and Special Charges
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Acquisition and Transition Costs and Special Charges
Acquisition and Transition Costs and Special Charges
Acquisition and Transition Costs
The Company recognized $4,890, $5,828 and $58 for the years ended December 31, 2015, 2014 and 2013, respectively, as Acquisition and Transition Costs incurred in connection with acquisitions and other ongoing business development initiatives. These costs are primarily comprised of professional fees for legal and other services. In addition, in 2015, the Company incurred costs related to transitioning ISI’s infrastructure, including certain regulatory settlements.
 Special Charges
The Company recognized $41,144 for the year ended December 31, 2015, as Special Charges incurred primarily related to an impairment charge of $28,500 associated with the impairment of goodwill in the Company's Institutional Asset Management reporting unit and charges of $7,145 related to the restructuring of our investment in Atalanta Sosnoff, primarily related to the conversion of certain of Atalanta Sosnoff’s profits interests held by management to equity interests. Special Charges for the year ended December 31, 2015 also included a charge of $2,151 for separation benefits and costs associated with the termination of certain contracts within the Company’s Evercore ISI business as well as $3,348 for the finalization of a matter associated with the wind-down of the Company’s U.S. Private Equity business. See Note 4 for further information.
The Company recognized $4,893 for the year ended December 31, 2014, as Special Charges incurred related to separation benefits and certain exit costs related to combining the equities business upon the ISI acquisition during 2014 and a provision recorded in 2014 against contingent consideration due on the 2013 disposition of Pan. The Company recognized $170 for the year ended December 31, 2013, as Special Charges incurred related to the write-off of client-related intangible assets in Evercore Wealth Management ("EWM").