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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 48,943 $ 261,100
Restricted cash 699 671
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $3,932 and $1,975 as of September 30, 2019 and December 31, 2018, respectively 96,332 54,412
Accrued and other receivables 18,587 14,199
Total receivables 114,919 68,611
Deferred compensation 8,830 8,788
Investments 159,697 143,924
Right-of-use assets 47,910  
Equipment and leasehold improvements, net 14,282 12,731
Deferred tax asset 393,437 402,859
Prepaid expenses and other assets 17,520 15,691
Total assets 806,237 914,375
Liabilities and Equity    
Compensation payable 65,447 197,741
Accounts payable and accrued expenses 6,393 19,784
Amount due pursuant to tax receivable agreement 311,432 311,246
Deferred revenue 3,985 7,074
Lease liabilities 54,188  
Other liabilities 212 6,777
Total liabilities 441,657 542,622
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 2,472,605 and 1,426,115 shares as of September 30, 2019 and December 31, 2018, respectively (98,734) (56,661)
Additional paid-in-capital 827,758 697,938
Retained earnings (accumulated deficit) (316,122) (237,782)
Accumulated other comprehensive income (loss) 412 291
Total Moelis & Company equity 413,936 404,361
Noncontrolling interests (49,356) (32,608)
Total equity 364,580 371,753
Total liabilities and equity 806,237 914,375
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 518 470
Total equity 518 470
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 104 105
Total equity $ 104 $ 105