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NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO CLASS A COMMON SHAREHOLDERS (Tables)
 9 Months Ended
Sep. 30, 2014
NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO CLASS A COMMON SHAREHOLDERS  
Schedule of calculations of basic and diluted net income (loss) per share attributable to holders of shares of Class A common stock
(dollars in thousands, except per share amounts)
   Three Months
Ended
September 30,
2014		   Nine Months
Ended
September 30,
2014		  

Numerator:

              

Net income (loss) attributable to holders of shares of Class A common stock—basic

   $ 6,500   $ (12,510 )

Add (deduct) dilutive effect of:

              

Noncontrolling interests related to Class A partnership units

       (a)     (a)
           
​ ​ ​ ​ ​ ​ ​ ​

Net income (loss) attributable to holders of shares of Class A common stock—diluted

   $ 6,500   $ (12,510 )
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Denominator:

              

Weighted average shares of Class A common stock outstanding—basic

     15,262,343     15,262,940  

Add (deduct) dilutive effect of:

              

Noncontrolling interests related to Class A partnership units

       (a)     (a)

Weighted average number of incremental shares issuable from unvested restricted stock, RSUs and stock options, as calculated using the treasury stock method

     942,911       (b)
           
​ ​ ​ ​ ​ ​ ​ ​

Weighted average shares of Class A common stock outstanding—diluted

     16,205,254     15,262,940  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Net income (loss) per share attributable to holders of shares of Class A common stock

              

Basic

   $ 0.43   $ (0.82 )
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Diluted

   $ 0.40   $ (0.82 )
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

 

(a)
Class A partnership units may be exchanged for Moelis & Company Class A common stock on a one-for-one basis, subject to applicable lock-up, vesting and transfer restrictions. If all Class A partnership units were to be exchanged for Class A common stock, fully diluted Class A common stock outstanding would be 55,199,112 for the three months ended September 30, 2014 and 54,256,798 for the nine months ended September 30, 2014 . In computing the dilutive effect, if any, that the aforementioned exchange would have on net income (loss) per share, net income (loss) available to holders of Class A common stock would be adjusted due to the elimination of the noncontrolling interests in consolidated entities associated with the Group LP Class A partnership units (including any tax impact). For the three and nine months ended September 30, 2014, such exchange is not reflected in diluted net income (loss) per share as the assumed exchange is not dilutive.

(b)
During the nine months ended September 30, 2014, the additional shares of Moelis & Company's Class A common stock assumed to be issued pursuant to unvested restricted stock, RSUs and stock options as calculated using the treasury stock method were antidilutive and therefore have been excluded from the calculation of diluted net income (loss) per share attributable to Moelis & Company. The additional shares that would have been included in this calculation if the effect were dilutive would have been 665,649 shares for the nine months ended September 30, 2014. Antidilution is the result of the Company producing a loss for the nine months ended September 30, 2014.