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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 148,246 $ 520,213
Restricted cash 700 801
Receivables:    
Accounts receivable, net of allowance for credit losses of $4,106 and $2,823 as of September 30, 2022 and December 31, 2021, respectively 58,992 41,870
Accrued and other receivables 4,683 27,698
Total receivables 63,675 69,568
Deferred compensation 18,136 11,499
Investments 247,407 263,341
Right-of-use assets 153,558 164,083
Equipment and leasehold improvements, net 57,296 59,163
Deferred tax assets 427,689 448,123
Prepaid expenses and other assets 41,721 18,890
Total assets 1,158,428 1,555,681
Liabilities and Equity    
Compensation payable 200,806 503,707
Accounts payable, accrued expenses and other liabilities 7,008 69,883
Amount due pursuant to tax receivable agreement 307,841 307,363
Deferred revenue 3,506 4,539
Lease liabilities 194,365 191,890
Total liabilities 713,526 1,077,382
Commitments and Contingencies (See Note 11)
Treasury stock, at cost; 9,047,273 and 5,873,180 shares at September 30, 2022 and December 31, 2021, respectively (402,610) (256,320)
Additional paid-in-capital 1,378,700 1,280,498
Retained earnings (accumulated deficit) (536,852) (535,282)
Accumulated other comprehensive income (loss) (9,670) (560)
Total Moelis & Company equity 430,344 489,068
Noncontrolling interests 14,558 (10,769)
Total equity 444,902 478,299
Total liabilities and equity 1,158,428 1,555,681
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 730 685
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share $ 46 $ 47