Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Summary of Credit Loss Allowance Activity

The following tables summarize credit loss allowance activity for the three and six months ended June 30, 2020:

	Three Months Ended June 30, 2020
	Accounts Receivable
		Short-term Receivables				Private Funds Advisory Receivables				Total
Allowance for Credit Losses, beginning balance	$		3,551		$		225		$		3,776
Charge-offs			(127	)			-				(127	)
Recoveries			(512	)			-				(512	)
Reduction to allowance			(639	)			-				(639	)
Provision for credit losses			1,595				(25	)			1,570
Allowance for credit losses, ending balance	$		4,507		$		200		$		4,707

	Six Months Ended June 30, 2020
	Accounts Receivable
		Short-term Receivables				Private Funds Advisory Receivables				Total
Allowance for Credit Losses, beginning balance	$		4,088		$		-		$		4,088
Adjustment for adoption of ASU 2016-13			260				199				459
Allowance for Credit Losses, adjusted beginning balance			4,348				199				4,547
Charge-offs			(1,416	)			-				(1,416	)
Recoveries			(1,236	)			(26	)			(1,262	)
Reduction to allowance			(2,652	)			(26	)			(2,678	)
Provision for credit losses			2,811				27				2,838
Allowance for credit losses, ending balance	$		4,507		$		200		$		4,707

Summary of Cash, Cash Equivalents and Restricted Cash

A reconciliation of the Company’s cash, cash equivalents and restricted cash as of June 30, 2020 and 2019, is presented below.

	June 30,
	2020		2019
Cash	$	26,724	$	48,113
Cash equivalents		66,226		60,247
Restricted cash		721		682
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows	$	93,671	$	109,042