CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and Cash Equivalents ($1,030 and $2,201)	[1]	$ 81,133	$ 65,534
Restricted Cash		1,056	1,050
Due from Broker	[1]	55	87
Advisory Fees Receivable		41,127	36,524
Investments ($27,483 and $1,131)	[1]	95,506	34,104
Receivable from Related Parties		3,871	2,880
Other Receivables ($40 and $8)	[1]	265	154
Prepaid Expenses and Other Assets		1,700	2,569
Right-of-use Asset		10,014	11,578
Deferred Tax Assets		25,886	29,831
Property and Equipment, Net of Accumulated Depreciation of $7,086 and $5,980 respectively		3,687	4,376
TOTAL ASSETS		264,300	188,687
Liabilities:
Accounts Payable and Accrued Expenses ($62 and $28)	[1]	44,167	36,317
Due to Broker ($0 and $2)	[1]		56
Securities Sold Short, at Fair Value		237	714
Liability to Selling and Converting Shareholders		24,679	25,701
Lease Liability		10,323	11,905
Deferred Compensation Liability		6,840	5,039
TOTAL LIABILITIES		86,246	79,732
Commitments and Contingencies (see Note 12)
Equity:
Preferred Stock (Par Value $0.01; 200,000,000 Shares Authorized; None Outstanding)
Additional Paid-In Capital		3,989	5,190
Retained Earnings		38,420	25,611
Accumulated Other Comprehensive Loss		7	132
Total Pzena Investment Management, Inc.'s Equity		42,588	31,106
Non-Controlling Interests		135,466	77,849
TOTAL EQUITY		178,054	108,955
TOTAL LIABILITIES AND EQUITY		264,300	188,687
Common Class A
Equity:
Common Stock		$ 172	$ 173

[1] Asset and liability amounts in parentheses represent the aggregated balances at December 31, 2021 and 2020 attributable to Pzena U.S. Best Ideas (GP), LLC, Pzena Global Best Ideas (GP), LLC, and Pzena Global Focused Value Fund which were variable interest entities as of December 31, 2021 and 2020, respectively.