BUSINESS CHANGES AND DEVELOPMENTS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2014

Dec. 31, 2013

BUSINESS CHANGES AND DEVELOPMENTS

Summary financial information related to Moelis Australia Holdings

	September 30, 2014			December 31, 2013
Total assets	$	31,740		$	38,465
Total liabilities		(6,327	)		(15,760	)
Net equity	$	25,413		$	22,705

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2014			2013			2014			2013
Total revenues	$	9,863		$	10,782		$	17,443		$	30,390
Total expenses		(7,653	)		(7,304	)		(23,375	)		(25,213	)
Net income (loss)	$	2,210		$	3,478		$	(5,932	)	$	5,177
Ownership percentage		50	%		50	%		50	%		50	%
Income (loss) from equity method investment	$	1,105		$	1,739		$	(2,966	)	$	2,588

    Summary financial information related to Moelis Australia Holdings is as follows:

	December 31,
	2013			2012			2011
Total assets	$	38,465		$	40,274		$	41,990
Total liabilities		(15,760	)		(18,432	)		(20,895	)
Net equity	$	22,705		$	21,842		$	21,095

	For the Year ended December 31,
	2013			2012			2011
Total revenues	$	41,668		$	35,818		$	52,342
Total expenses		(34,307	)		(37,133	)		(40,868	)
Net income (loss)	$	7,361		$	(1,315	)	$	11,474
Ownership percentage		50	%		50	%		50	%
Income (loss) from investment in joint venture	$	3,681		$	(658	)	$	5,737