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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 108,360 $ 261,100
Restricted cash 682 671
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $3,900 and $1,975 as of June 30, 2019 and December 31, 2018, respectively 42,802 54,412
Accrued and other receivables 6,391 14,199
Total receivables 49,193 68,611
Deferred compensation 9,283 8,788
Investments at fair value (cost basis $635 and $80,717 as of June 30, 2019 and December 31, 2018, respectively) 149 80,650
Right-of-use assets 46,617  
Equity method investment 61,858 63,274
Equipment and leasehold improvements, net 14,633 12,731
Deferred tax asset 406,732 402,859
Prepaid expenses and other assets 17,262 15,691
Total assets 714,769 914,375
Liabilities and Equity    
Compensation payable 18,030 197,741
Accounts payable and accrued expenses 6,414 19,784
Amount due pursuant to tax receivable agreement 311,432 311,246
Deferred revenue 11,443 7,074
Lease liabilities 54,273  
Other liabilities 319 6,777
Total liabilities 401,911 542,622
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 2,397,950 and 1,426,115 shares as of June 30, 2019 and December 31, 2018, respectively (96,271) (56,661)
Additional paid-in-capital 791,403 697,938
Retained earnings (accumulated deficit) (327,353) (237,782)
Accumulated other comprehensive income (loss) 667 291
Total Moelis & Company equity 369,066 404,361
Noncontrolling interests (56,208) (32,608)
Total equity 312,858 371,753
Total liabilities and equity 714,769 914,375
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 516 470
Total equity 516 470
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 104 105
Total equity $ 104 $ 105