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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 132,868 $ 213,191
Restricted cash 556 703
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $2,492 and $1,433 as of June 30, 2018 and December 31, 2017, respectively 63,790 56,725
Other receivables 62,796 4,868
Total receivables 126,586 61,593
Deferred compensation 9,984 8,848
Investments at fair value (cost basis $58,933 and $96,351 as of June 30, 2018 and December 31, 2017, respectively) 58,611 96,108
Equity method investments 59,225 58,848
Equipment and leasehold improvements, net 11,395 10,458
Deferred tax asset 313,923 234,000
Prepaid expenses and other assets 14,328 15,319
Total assets 727,476 699,068
Liabilities and Equity    
Compensation payable 113,144 145,152
Accounts payable and accrued expenses 6,228 18,323
Amount due pursuant to tax receivable agreement 243,997 177,148
Deferred revenue 3,935 4,948
Other liabilities 7,061 9,241
Total liabilities 374,365 354,812
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 1,182,585 and 707,416 shares as of June 30, 2018 and December 31, 2017, respectively (47,360) (23,188)
Additional paid-in-capital 605,897 487,163
Retained earnings (accumulated deficit) (182,256) (139,918)
Accumulated other comprehensive income (loss) 457 352
Total Moelis & Company equity 377,312 324,950
Noncontrolling interests (24,201) 19,306
Total equity 353,111 344,256
Total liabilities and equity 727,476 699,068
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 422 342
Total equity 422 342
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 152 199
Total equity $ 152 $ 199