CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and Cash Equivalents ($0 and $1,030)	[1]	$ 49,412	$ 81,133
Restricted Cash		2,215	1,056
Due from Broker		157	55
Advisory Fees Receivable		36,855	41,127
Investments ($1,156 and $27,483)	[1]	80,762	95,506
Receivable from Related Parties		5,203	3,871
Other Receivables ($0 and $40)	[1]	8,883	265
Prepaid Expenses and Other Assets		1,627	1,700
Right-of-use Assets		55,311	10,014
Deferred Tax Asset		21,969	25,886
Property and Equipment, Net of Accumulated Depreciation of $7,633 and $7,086, respectively		4,990	3,687
TOTAL ASSETS		267,384	264,300
Liabilities:
Accounts Payable and Accrued Expenses ($0and $62)	[1]	35,456	44,167
Due to Broker		51	0
Securities Sold Short, at Fair Value		241	237
Liability to Selling and Converting Shareholders		24,679	24,679
Lease Liabilities		65,396	10,323
Deferred Compensation Liability		3,604	6,840
TOTAL LIABILITIES		129,427	86,246
Commitments and Contingencies (see Note 12)
Equity:
Preferred Stock (Par Value $0.01; 200,000,000 Shares Authorized; None Outstanding)
Additional Paid-In Capital		3,388	3,989
Retained Earnings		34,040	38,420
Accumulated Other Comprehensive (Loss)/ Income		(188)	7
Total Pzena Investment Management, Inc.'s Equity		37,407	42,588
Non-Controlling Interests		100,550	135,466
TOTAL EQUITY		137,957	178,054
TOTAL LIABILITIES AND EQUITY		267,384	264,300
Common Class A
Equity:
Common Stock		$ 167	$ 172

[1] Asset and liability amounts in parentheses represent the aggregated balances at June 30, 2022 and December 31, 2021 attributable to Pzena U.S. Best Ideas (GP), LLC and Pzena Global Best Ideas (GP), LLC, which were variable interest entities as of June 30, 2022 and December 31, 2021. Asset and liability amounts in parentheses at June 30, 2022 are also attributable to Pzena 320 Fund (GP), LLC. Asset and liability amounts in parentheses at December 31, 2021 are also attributable to Pzena Global Focus Value Fund.