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Segment Information (Tables)
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company provides services through three segments: Financial Advisory, Alternative Asset Advisory and Investment Banking. The Financial Advisory segment provides services associated with the Valuation Advisory, Tax Services and Dispute & Legal Management Consulting business units. The Alternative Asset Advisory segment provides services related to the Portfolio Valuation, Complex Asset Solutions and Transaction Advisory Services business units. The Investment Banking segment provides services from the M&A Advisory, Transaction Opinions and Global Restructuring Advisory business units.
 
 
 
Year Ended
 
 
 
December 31,
2012
 
December 31,
2011
 
December 31,
2010
 
Financial Advisory
 
 
 
 
 
 
 
Revenue (excluding reimbursables)
 
$
271,947

 
$
250,888

 
$
231,281

 
Segment operating income
 
$
50,778

 
$
45,212

 
$
29,819

 
Segment operating income margin
 
18.7
%
 
18.0
%
 
12.9
%
 
 
 
 
 
 
 
 
 
Alternative Asset Advisory
 
 
 
 
 
 
 
Revenue (excluding reimbursables)
 
$
57,050

 
$
55,666

 
$
44,035

 
Segment operating income
 
$
12,759

 
$
12,890

 
$
9,208

 
Segment operating income margin
 
22.4
%
 
23.2
%
 
20.9
%
 
 
 
 
 
 
 
 
 
Investment Banking
 
 
 
 
 
 
 
Revenue (excluding reimbursables)
 
$
140,167

 
$
77,386

 
$
90,230

 
Segment operating income
 
$
20,409

 
$
6,767

 
$
22,061

 
Segment operating income margin
 
14.6
%
 
8.7
%
 
24.4
%
 
 
 
 
 
 
 
 
 
Totals
 
 
 
 
 
 
 
Revenue (excluding reimbursables)
 
$
469,164

 
$
383,940

 
$
365,546

 
 
 
 
 
 
 
 
 
Segment operating income
 
$
83,946

 
$
64,869

 
$
61,088

 
Net client reimbursable expenses
 
(197
)
 
(139
)
 
(62
)
 
Equity-based compensation associated with Legacy Units and IPO Options
 
(22
)
 
(207
)
 
(3,399
)
 
Depreciation and amortization
 
(18,138
)
 
(11,164
)
 
(9,916
)
 
Acquisition retention expenses
 
(9,536
)
 
(1,624
)
 
(11
)
 
Restructuring charges
 
(1,796
)
 
(4,090
)
 
—

 
Acquisition, integration and corporate development costs
 
(6,865
)
 
(2,372
)
 
(704
)
 
Charge from realignment of senior management
 
—

 
—

 
(3,100
)
 
Charge from impairment of certain intangible assets
 
—

 
—

 
(674
)
 
Operating income
 
$
47,392

 
$
45,273

 
$
43,222

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]
Revenue attributable to geographic area is summarized as follows:
 
 
 
Year Ended
 
 
 
December 31,
2012
 
December 31,
2011
 
December 31,
2010
 
North America
 
$
398,756

 
$
344,801

 
$
326,039

 
Europe
 
64,958

 
35,261

 
36,132

 
Asia
 
5,450

 
3,878

 
3,375

 
Revenue (excluding reimbursables)
 
$
469,164

 
$
383,940

 
$
365,546