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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 179,884 $ 318,926
Restricted cash 624 659
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $627 and $475 as of June 30, 2017 and December 31, 2016, respectively 27,927 23,158
Other receivables 9,930 7,293
Total receivables 37,857 30,451
Deferred compensation 9,295 8,701
Investments at fair value (cost basis $78,980 and $33,593 as of June 30, 2017 and December 31, 2016, respectively) 78,449 33,383
Equity method investments 28,425 20,873
Equipment and leasehold improvements, net 9,704 8,397
Deferred tax asset 266,641 167,791
Prepaid expenses and other assets 16,927 9,619
Total assets 627,806 598,800
Liabilities and Equity    
Compensation payable 84,951 131,591
Accounts payable and accrued expenses 4,834 14,326
Dividends payable 55,900 68,066
Amount due pursuant to tax receivable agreement 198,656 120,936
Deferred revenue 2,886 2,971
Other liabilities 9,339 9,469
Total liabilities 356,566 347,359
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 638,440 and 387,890 shares as of June 30, 2017 and December 31, 2016, respectively (20,196) (10,930)
Additional paid-in-capital 399,508 291,026
Retained earnings (accumulated deficit) (102,290) (68,229)
Accumulated other comprehensive income (loss) 74 (543)
Total Moelis & Company equity 277,635 211,845
Noncontrolling interests (6,395) 39,596
Total equity 271,240 251,441
Total liabilities and equity 627,806 598,800
Class A common stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 282 210
Total equity 282 210
Class B common stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 257 311
Total equity $ 257 $ 311