Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The following table presents the U.S. and non-U.S. components of Income before income tax expense:



	For the Years Ended December 31,
	2015		2014		2013
U.S.	$	81,157	$	124,747	$	89,821
Non-U.S.	38,736		30,883		28,735
Income before Income Tax Expense (a)	$	119,893	$	155,630	$	118,556


(a)	From continuing operations, net of Noncontrolling Interest from continuing operations.

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the provision for income taxes from continuing operations reflected on the Consolidated Statements of Operations for the years ended December 31, 2015, 2014 and 2013 consist of:



	For the Years Ended December 31,
	2015			2014			2013
Current:
Federal	$	56,064		$	33,814		$	24,607
Foreign	9,798			10,513			11,982
State and Local	14,795			10,114			7,541
Total Current	80,657			54,441			44,130
Deferred:
Federal	(1,196		)	15,104			5,992
Foreign	659			(3,080		)	4,733
State and Local	(3,090		)	2,291			8,834
Total Deferred	(3,627		)	14,315			19,559
Total	$	77,030		$	68,756		$	63,689

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation between the federal statutory income tax rate from continuing operations and the Company’s effective income tax rate for the years ended December 31, 2015, 2014 and 2013 is as follows:



	For the Years Ended December 31,
	2015		2014		2013
Reconciliation of Federal Statutory Tax Rates:
U.S. Statutory Tax Rate	35.0	%	35.0	%	35.0	%
Increase Due to State and Local Taxes	7.0	%	6.0	%	5.3	%
Rate Benefits as a Limited Liability Company/Flow Through	(5.9	)%	(4.2	)%	(7.0	)%
Foreign Taxes	1.5	%	0.4	%	3.2	%
Non-Deductible Expenses (1)	19.9	%	1.1	%	3.4	%
Valuation Allowances	—	%	0.9	%	—	%
Write Down of Deferred Tax Asset	—	%	—	%	6.8	%
Other Adjustments	(0.3	)%	(0.2	)%	(0.7	)%
Effective Income Tax Rate	57.2	%	39.0	%	46.0	%


(1)	Primarily related to non-deductible share-based compensation expense.

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Details of the Company’s deferred tax assets and liabilities as of December 31, 2015 and 2014 were as follows:



	December 31,
	2015			2014
Current Deferred Tax Assets (1):
Step up in tax basis due to the exchange of LP Units for Class A Shares	$	—		$	13,096
Total Current Deferred Tax Asset	$	—		$	13,096
Long-term Deferred Tax Assets:
Depreciation and Amortization	$	29,498		$	25,978
Compensation and Benefits	35,120			32,535
Step up in tax basis due to the exchange of LP Units for Class A Shares	215,827			208,970
Other	38,349			27,419
Total Long-term Deferred Tax Assets	$	318,794		$	294,902
Long-term Deferred Tax Liabilities:
Goodwill, Intangible Assets and Other	$	19,169		$	27,396
Total Long-term Deferred Tax Liabilities	$	19,169		$	27,396
Net Long-term Deferred Tax Assets Before Valuation Allowance	$	299,625		$	267,506
Valuation Allowance	(1,510		)	(1,605		)
Net Long-term Deferred Tax Assets	$	298,115		$	265,901

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the changes in tax positions for the years ended December 31, 2015, 2014 and 2013 is as follows:



	December 31,
	2015		2014			2013
Beginning unrecognized tax benefit	$	—	$	624		$	98
Additions for tax positions of prior years	—		276			526
Reductions for tax positions of prior years	—		—			—
Lapse of Statute of Limitations	—		(98		)	—
Decrease due to settlement with Taxing Authority	—		(802		)	—
Ending unrecognized tax benefit	$	—	$	—		$	624