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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 167,812 $ 261,100
Restricted cash 760 671
Receivables:    
Accounts receivable, net of allowance for doubtful accounts of $4,088 and $1,975 as of December 31, 2019 and December 31, 2018, respectively 45,074 54,412
Accrued and other receivables 10,722 14,199
Total receivables 55,796 68,611
Deferred compensation 11,748 8,788
Investments 213,231 143,924
Right-of-use Assets 190,763  
Equipment and leasehold improvements, net 13,992 12,731
Deferred tax asset 400,496 402,859
Prepaid expenses and other assets 17,101 15,691
Total assets 1,071,699 914,375
Liabilities and Equity    
Compensation payable 163,131 197,741
Accounts payable, accrued expenses and other liabilities 16,107 26,561
Amount due pursuant to tax receivable agreement 297,986 311,246
Deferred revenue 3,023 7,074
Lease Liabilities 197,625  
Total liabilities 677,872 542,622
Commitments and Contingencies (See Note 13)
Treasury stock, at cost; 2,757,558 and 1,426,115 shares as of December 31, 2019 and December 31, 2018, respectively (107,836) (56,661)
Additional paid-in-capital 872,791 697,938
Retained earnings (accumulated deficit) (324,192) (237,782)
Accumulated other comprehensive income (loss) 1,432 291
Total Moelis & Company equity 442,827 404,361
Noncontrolling interests (49,000) (32,608)
Total equity 393,827 371,753
Total liabilities and equity 1,071,699 914,375
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 528 470
Total equity 528 470
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 104 105
Total equity $ 104 $ 105