Selected Balance Sheet Data (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Other Assets

Other assets consisted of the following (in thousands):

	Current				Non-Current
	March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022
Security deposits	$	—	$	—	$	1,645	$	1,625
Employee notes receivable	1		6		—		—
Securities, held-to-maturity(1)	—		—		9,500		9,500
Loan performance fee receivable	1,063		766		5,670		4,261
Prepaid lease costs and other	3,988		6,510		478		473
	$	5,052	$	7,282	$	17,293	$	15,859

(1)Securities, held-to-maturity, are expected to mature on September 1, 2024 and accrue interest based on the 1-year treasury rate.

Schedule of Deferred Compensation and Commissions

Deferred compensation and commissions consisted of the following (in thousands):

	Current				Non-Current
	March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022
Stock appreciation rights (“SARs”) liability (1)	$	2,480	$	2,323	$	10,847	$	13,137
Commissions payable to investment sales and financing professionals	42,648		72,247		16,384		45,156
Deferred compensation liability (1)	527		493		7,191		6,168
Other	598		258		—		—
	$	46,253	$	75,321	$	34,422	$	64,461

(1) The SARs and deferred compensation liabilities become subject to payout at the time the participant is no longer considered a service provider. As a result of the retirement of certain participants, estimated amounts to be paid to participants within the next twelve months have been classified as current.

Summary of Net Change in Carrying Value of Assets Held in Rabbi Trust and Deferred Compensation Liability

The net change in the carrying value of the assets held in the rabbi trust and the net change in the carrying value of the deferred compensation liability, each exclusive of additional contributions, distributions and trust expenses, consisted of the following (in thousands):

	Three Months Ended March 31,
	2023		2022
Increase (decrease) in the carrying value of the assets held in the rabbi trust (1)	$	458	$	(525)
(Increase) decrease in the net carrying value of the deferred compensation obligation (2)	$	(433)	$	532

(1)Recorded in other income, net in the condensed consolidated statements of operations.

(2)Recorded in selling, general and administrative expense in the condensed consolidated statements of operations.

Summary of Other Liabilities

Other liabilities consisted of the following (in thousands):

	Current				Non-Current
	March 31, 2023		December 31, 2022		March 31, 2023		December 31, 2022
Deferred consideration	$	2,323	$	3,633	$	1,510	$	1,486
Contingent consideration	2,256		1,726		4,787		5,341
Dividends payable	10,531		612		1,528		1,603
Stock repurchase payable	1,634		565		—		—
Other	4,037		3,397		404		184
	$	20,781	$	9,933	$	8,229	$	8,614