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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 127,600 $ 318,926
Restricted cash 789 659
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $1,500 and $475 as of September 30, 2017 and December 31, 2016, respectively 50,540 23,158
Other receivables 11,863 7,293
Total receivables 62,403 30,451
Deferred compensation 9,113 8,701
Investments at fair value (cost basis $116,531 and $33,593 as of September 30, 2017 and December 31, 2016, respectively) 116,366 33,383
Equity method investments 45,734 20,873
Equipment and leasehold improvements, net 10,345 8,397
Deferred tax asset 405,730 167,791
Prepaid expenses and other assets 17,009 9,619
Total assets 795,089 598,800
Liabilities and Equity    
Compensation payable 110,741 131,591
Accounts payable and accrued expenses 9,768 14,326
Dividends payable   68,066
Amount due pursuant to tax receivable agreement 314,747 120,936
Deferred revenue 3,848 2,971
Other liabilities 8,913 9,469
Total liabilities 448,017 347,359
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 652,600 and 387,890 shares as of September 30, 2017 and December 31, 2016, respectively (20,762) (10,930)
Additional paid-in-capital 454,745 291,026
Retained earnings (accumulated deficit) (99,136) (68,229)
Accumulated other comprehensive income (loss) 543 (543)
Total Moelis & Company equity 335,929 211,845
Noncontrolling interests 11,143 39,596
Total equity 347,072 251,441
Total liabilities and equity 795,089 598,800
Class A common stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 339 210
Total equity 339 210
Class B common stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 200 311
Total equity $ 200 $ 311