Equity Method Investments	6 Months Ended
Jun. 30, 2019
Equity Method Investments And Joint Ventures [Abstract]
Equity Method Investments	4. EQUITY METHOD INVESTMENTS Moelis Australia On April 1, 2010, the Company entered into a 50-50 joint venture in Moelis Australia Holdings PTY Limited, investing a combination of cash and certain net assets in exchange for its interests. On April 10, 2017, Moelis Australia Holdings PTY Limited consummated their initial public offering and became listed on the Australian Securities Exchange as Moelis Australia Limited (ASX: MOE). As a result of the offering, the Company’s ownership interest in Moelis Australia was diluted and continues to be accounted for under the equity method of accounting. Certain estimates and adjustments have been made to account for the Company’s equity method investment in Moelis Australia under US GAAP as Moelis Australia follows local accounting principles under Australian Accounting Standards. Please see Note 4 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 for additional information. On February 20, 2019 and February 20, 2018, Moelis Australia declared dividends, of which the Company received $2,848 and $2,737 on March 6, 2019 and March 7, 2018, respectively. The Company accounted for the dividends as a return on investment and reduced the carrying value of the investment in Moelis Australia by $2,848 and $2,737, respectively. For the three months ended June 30, 2019 and 2018, income of $719 and $2,226 was recorded on this investment, respectively, and for the six months ended June 30, 2019 and 2018, income of $1,432 and $3,114 was recorded on this investment, respectively.

Equity Method Investments

6 Months Ended

Jun. 30, 2019

Equity Method Investments And Joint Ventures [Abstract]

4. EQUITY METHOD INVESTMENTS

Moelis Australia

On April 1, 2010, the Company entered into a 50-50 joint venture in Moelis Australia Holdings PTY Limited, investing a combination of cash and certain net assets in exchange for its interests. On April 10, 2017, Moelis Australia Holdings PTY Limited consummated their initial public offering and became listed on the Australian Securities Exchange as Moelis Australia Limited (ASX: MOE). As a result of the offering, the Company’s ownership interest in Moelis Australia was diluted and continues to be accounted for under the equity method of accounting. Certain estimates and adjustments have been made to account for the Company’s equity method investment in Moelis Australia under US GAAP as Moelis Australia follows local accounting principles under Australian Accounting Standards. Please see Note 4 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 for additional information.

On February 20, 2019 and February 20, 2018, Moelis Australia declared dividends, of which the Company received $2,848 and $2,737 on March 6, 2019 and March 7, 2018, respectively. The Company accounted for the dividends as a return on investment and reduced the carrying value of the investment in Moelis Australia by $2,848 and $2,737, respectively.

For the three months ended June 30, 2019 and 2018, income of $719 and $2,226 was recorded on this investment, respectively, and for the six months ended June 30, 2019 and 2018, income of $1,432 and $3,114 was recorded on this investment, respectively.