Special Charges and Intangible Asset Amortization

6 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Acquisition and Transition Costs and Special Charges [Text Block]

Special Charges and Intangible Asset Amortization

Special Charges

The Company recognized $1,029 and $2,058 for the three and six months ended June 30, 2019, respectively, as Special Charges incurred related to the acceleration of depreciation expense for leasehold improvements in conjunction with the previously announced expansion of the Company's headquarters in New York. The Company recognized $1,897 for the six months ended June 30, 2018, as Special Charges incurred related to separation benefits and costs for the termination of certain contracts associated with closing the Company's agency trading platform in the U.K.

Intangible Asset Amortization

Expense associated with the amortization of intangible assets for Investment Banking was $2,190 for the three months ended June 30, 2019 and 2018 and $4,380 for the six months ended June 30, 2019 and 2018, included within Depreciation and Amortization expense on the Unaudited Condensed Consolidated Statements of Operations. Expense associated with the amortization of intangible assets for Investment Management was $109 and $219 for the three and six months ended June 30, 2019, respectively, and $109 and $218 for the three and six months ended June 30, 2018, respectively, included within Depreciation and Amortization expense on the Unaudited Condensed Consolidated Statements of Operations.