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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 69,132 $ 261,100
Restricted cash 349 671
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $3,084 and $1,975 as of March 31, 2019 and December 31, 2018, respectively 44,425 54,412
Accrued and other receivables 10,599 14,199
Total receivables 55,024 68,611
Deferred compensation 11,421 8,788
Investments at fair value (cost basis $9,880 and $80,717 as of March 31, 2019 and December 31, 2018, respectively) 9,464 80,650
Right-of-use assets 54,385  
Equity method investment 61,139 63,274
Equipment and leasehold improvements, net 13,509 12,731
Deferred tax asset 392,449 402,859
Prepaid expenses and other assets 14,818 15,691
Total assets 681,690 914,375
Liabilities and Equity    
Compensation payable 11,869 197,741
Accounts payable and accrued expenses 1,419 19,784
Amount due pursuant to tax receivable agreement 311,246 311,246
Deferred revenue 10,145 7,074
Lease liabilities 59,333  
Other liabilities 535 6,777
Total liabilities 394,547 542,622
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 2,042,911 and 1,426,115 shares as of March 31, 2019 and December 31, 2018, respectively (83,631) (56,661)
Additional paid-in-capital 756,349 697,938
Retained earnings (accumulated deficit) (327,648) (237,782)
Accumulated other comprehensive income (loss) 712 291
Total Moelis & Company equity 346,381 404,361
Noncontrolling interests (59,238) (32,608)
Total equity 287,143 371,753
Total liabilities and equity 681,690 914,375
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 494 470
Total equity 494 470
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 105 105
Total equity $ 105 $ 105