BUSINESS INFORMATION

3 Months Ended

Mar. 31, 2016

BUSINESS INFORMATION

BUSINESS INFORMATION

15. BUSINESS INFORMATION

        The Company's activities as an investment banking advisory firm constitute a single business segment offering clients, including corporations, governments and financial sponsors, a range of advisory services with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.

        We do not allocate our revenue by the type of advice we provide because of the complexity of the transactions on which we may earn revenue and our comprehensive approach to client service. For example, a restructuring engagement may evolve to require a sale of all or a portion of the client, M&A assignments can develop from relationships established on prior restructuring engagements and capital markets expertise can be instrumental on both M&A and restructuring assignments.

        There were two and one client(s) that accounted for more than 10% of revenues for the three months ended March 31, 2016 and 2015, respectively. Since the financial markets are global in nature, the Company generally manages its business based on the operating results of the enterprise taken as whole, not by geographic region. The following table sets forth the geographical distribution of revenues and assets based on the location of the office that generates the revenues or holds the assets, and therefore may not be reflective of the geography in which our clients are located.

	Three Months Ended March 31,
	2016		2015
Revenues:
United States	$	106,733	$	69,431
Europe		10,794		25,422
Rest of World		8,837		4,559
Total	$	126,364	$	99,412

	March 31, 2016		December 31, 2015
Assets:
United States	$	336,257	$	463,984
Europe		21,452		45,067
Rest of World		30,719		30,410
Total	$	388,428	$	539,461