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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 130,420 $ 520,213
Restricted cash 635 801
Receivables:    
Accounts receivable, net of allowance for credit losses of $2,281 and $2,823 as of March 31, 2022 and December 31, 2021, respectively 39,273 41,870
Accrued and other receivables 15,372 27,698
Total receivables 54,645 69,568
Deferred compensation 22,346 11,499
Investments 228,346 263,341
Right-of-use assets 160,137 164,083
Equipment and leasehold improvements, net 59,583 59,163
Deferred tax assets 422,636 448,123
Prepaid expenses and other assets 18,531 18,890
Total assets 1,097,279 1,555,681
Liabilities and Equity    
Compensation payable 99,953 503,707
Accounts payable, accrued expenses and other liabilities 52,316 69,883
Amount due pursuant to tax receivable agreement 307,115 307,363
Deferred revenue 5,573 4,539
Lease liabilities 187,407 191,890
Total liabilities 652,364 1,077,382
Commitments and Contingencies (See Note 11)
Treasury stock, at cost; 7,894,635 and 5,873,180 shares as of March 31, 2022 and December 31, 2021, respectively (354,249) (256,320)
Additional paid-in-capital 1,306,290 1,280,498
Retained earnings (accumulated deficit) (514,502) (535,282)
Accumulated other comprehensive income (loss) (1,247) (560)
Total Moelis & Company equity 437,057 489,068
Noncontrolling interests 7,858 (10,769)
Total equity 444,915 478,299
Total liabilities and equity 1,097,279 1,555,681
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 718 685
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share $ 47 $ 47