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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 138,803 $ 520,213
Restricted cash 631 801
Receivables:    
Accounts receivable, net of allowance for credit losses of $2,619 and $2,823 as of June 30, 2022 and December 31, 2021, respectively 50,145 41,870
Accrued and other receivables 25,618 27,698
Total receivables 75,763 69,568
Deferred compensation 20,671 11,499
Investments 191,896 263,341
Right-of-use assets 157,408 164,083
Equipment and leasehold improvements, net 58,076 59,163
Deferred tax assets 428,276 448,123
Prepaid expenses and other assets 44,950 18,890
Total assets 1,116,474 1,555,681
Liabilities and Equity    
Compensation payable 147,771 503,707
Accounts payable, accrued expenses and other liabilities 13,250 69,883
Amount due pursuant to tax receivable agreement 307,115 307,363
Deferred revenue 6,826 4,539
Lease liabilities 196,371 191,890
Total liabilities 671,333 1,077,382
Commitments and Contingencies (See Note 11)
Treasury stock, at cost; 8,716,601 and 5,873,180 shares as of June 30, 2022 and December 31, 2021, respectively (389,151) (256,320)
Additional paid-in-capital 1,348,467 1,280,498
Retained earnings (accumulated deficit) (519,612) (535,282)
Accumulated other comprehensive income (loss) (5,470) (560)
Total Moelis & Company equity 435,010 489,068
Noncontrolling interests 10,131 (10,769)
Total equity 445,141 478,299
Total liabilities and equity 1,116,474 1,555,681
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 729 685
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share $ 47 $ 47