<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_RelatedPartyTransactionsAbstract_3AD07DFCBD544F0D2096F838D8192C64_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsAbstract_3AD07DFCBD544F0D2096F838D8192C64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaap_RelatedPartyTransactionsAbstract_3AD07DFCBD544F0D2096F838D8192C64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsAbstract_3AD07DFCBD544F0D2096F838D8192C64" xlink:to="lab_us-gaap_RelatedPartyTransactionsAbstract_3AD07DFCBD544F0D2096F838D8192C64" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C" xlink:to="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_4C18F5684F074DD18973F838D819E40C" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F" xlink:to="lab_us-gaap_StatementClassOfStockAxis_98542D3529733B1DEAE2F838D81A160F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57" xlink:to="lab_us-gaap_ClassOfStockDomain_D6D3926B586FFEB0C481F838D81A4F57" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901_terseLabel_en-US" xlink:label="lab_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Class A [Member]</link:label>
    <link:label id="lab_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901_label_en-US" xlink:label="lab_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class A [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonClassAMember" xlink:label="loc_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901" xlink:to="lab_us-gaap_CommonClassAMember_01344EC1DF89E344D956F838D81A8901" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B_label_en-US" xlink:label="lab_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B" xlink:to="lab_dei_LegalEntityAxis_1F34DB2D32E98E04F3ECF838D81AFD2B" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C_label_en-US" xlink:label="lab_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C" xlink:to="lab_dei_EntityDomain_CC47FF6A3C2C550A5256F838D81A3E8C" xlink:type="arc" />
    <link:label id="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A_terseLabel_en-US" xlink:label="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sierra Income Corporation [Member]</link:label>
    <link:label id="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A_label_en-US" xlink:label="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sierra Income Corporation [Member]</link:label>
    <link:label id="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A_documentation_en-US" xlink:label="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SierraIncomeCorporationMember" xlink:label="loc_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A" xlink:to="lab_mdly_SierraIncomeCorporationMember_F72E8B742D5C55BE49F0F838D81AF10A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF" xlink:to="lab_us-gaap_FinancialInstrumentAxis_EACD478565B256ED2851F838D81A2FAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_632F5FF0A5B0492A0D71F838D81A3DAB" xlink:type="arc" />
    <link:label id="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7_terseLabel_en-US" xlink:label="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense Support and Reimbursement Agreement [Member]</link:label>
    <link:label id="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7_label_en-US" xlink:label="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense Support And Reimbursement Agreement [Member]</link:label>
    <link:label id="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7_documentation_en-US" xlink:label="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ExpenseSupportAndReimbursementAgreementMember" xlink:label="loc_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7" xlink:to="lab_mdly_ExpenseSupportAndReimbursementAgreementMember_09376AB2E68A6C1117C9F838D81A12B7" xlink:type="arc" />
    <link:label id="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6_terseLabel_en-US" xlink:label="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MCC Admin Agreement [Member]</link:label>
    <link:label id="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6_label_en-US" xlink:label="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mcc Admin Agreement [Member]</link:label>
    <link:label id="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6_documentation_en-US" xlink:label="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_MccAdminAgreementMember" xlink:label="loc_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6" xlink:to="lab_mdly_MccAdminAgreementMember_667A77D177661D5F138AF838D81A03A6" xlink:type="arc" />
    <link:label id="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84_terseLabel_en-US" xlink:label="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SIC Admin Agreement [Member]</link:label>
    <link:label id="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84_label_en-US" xlink:label="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sic Admin Agreement [Member]</link:label>
    <link:label id="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84_documentation_en-US" xlink:label="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SicAdminAgreementMember" xlink:label="loc_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84" xlink:to="lab_mdly_SicAdminAgreementMember_903BA77F3B441EFFEE7EF838D81A6C84" xlink:type="arc" />
    <link:label id="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3_terseLabel_en-US" xlink:label="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Funds Admin Agreement [Member]</link:label>
    <link:label id="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3_label_en-US" xlink:label="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Funds Admin Agreement [Member]</link:label>
    <link:label id="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3_documentation_en-US" xlink:label="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Funds Admin Agreement [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_FundsAdminAgreementMember" xlink:label="loc_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3" xlink:to="lab_mdly_FundsAdminAgreementMember_75EB1723D7C7D120DFE1F838D81AD8C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0" xlink:to="lab_us-gaap_RelatedPartyTransactionLineItems_A4BA742C2FF1CC02F424F838D81AFCB0" xlink:type="arc" />
    <link:label id="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2_terseLabel_en-US" xlink:label="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating expenses percentage</link:label>
    <link:label id="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2_label_en-US" xlink:label="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses Percentage</link:label>
    <link:label id="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2_documentation_en-US" xlink:label="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating expenses percentage.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_OperatingExpensesPercentage" xlink:label="loc_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2" xlink:to="lab_mdly_OperatingExpensesPercentage_14D599434624EA6A88EFF838D81A72D2" xlink:type="arc" />
    <link:label id="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF_terseLabel_en-US" xlink:label="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conditional obligation reimbursement period</link:label>
    <link:label id="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF_label_en-US" xlink:label="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conditional Obligation Reimbursement Period</link:label>
    <link:label id="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF_documentation_en-US" xlink:label="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conditional Obligation Reimbursement Period</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ConditionalObligationReimbursementPeriod" xlink:label="loc_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF" xlink:to="lab_mdly_ConditionalObligationReimbursementPeriod_DC827CC1EBC32ED76D72F838D81B24EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E_terseLabel_en-US" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability for ESA expenses</link:label>
    <link:label id="lab_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E_label_en-US" xlink:label="lab_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E" xlink:to="lab_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_8B7FB370368BD6B5B096F838D81B407E" xlink:type="arc" />
    <link:label id="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911_terseLabel_en-US" xlink:label="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense support and reimbursement agreement expenses</link:label>
    <link:label id="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911_label_en-US" xlink:label="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense support and reimbursement agreement expenses</link:label>
    <link:label id="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911_documentation_en-US" xlink:label="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of expenses incurred for expense support and reimbursement agreements during the reporting period.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ExpenseSupportAndReimbursementAgreementExpenses" xlink:label="loc_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911" xlink:to="lab_mdly_ExpenseSupportAndReimbursementAgreementExpenses_D1003A280E0FFD3C1330F838D81B4911" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE_terseLabel_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative services revenue</link:label>
    <link:label id="lab_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE_label_en-US" xlink:label="lab_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative Services Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdministrativeServicesRevenue" xlink:label="loc_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE" xlink:to="lab_us-gaap_AdministrativeServicesRevenue_D17E98ABC21D46480A6DF838D81B0EFE" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued fees and other revenue receivable</link:label>
    <link:label id="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B_label_en-US" xlink:label="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Fees and Other Revenue Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedFeesAndOtherRevenueReceivable" xlink:label="loc_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B" xlink:to="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_45EA370E99F06B784EC6F838D81B6A2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E_definitionGuidance_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:type="resource" xml:lang="en-US">Equity method investments, at fair value</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E" xlink:to="lab_us-gaap_EquityMethodInvestmentsFairValueDisclosure_6720ADECB51BFA849DA4F838D81BE81E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB" xlink:to="lab_us-gaap_AvailableForSaleSecurities_655E0F14E659F43C8E8CF838D81BE9AB" xlink:type="arc" />
    <link:label id="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D_terseLabel_en-US" xlink:label="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Publicly traded common stock (in shares)</link:label>
    <link:label id="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D_label_en-US" xlink:label="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available For Sale Securities, Shares</link:label>
    <link:label id="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D_documentation_en-US" xlink:label="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Available For Sale Securities, Shares</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_AvailableForSaleSecuritiesShares" xlink:label="loc_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D" xlink:to="lab_mdly_AvailableForSaleSecuritiesShares_297FAA2C1D538905DB28F838D81B778D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative unrealized gains</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Accumulated Gross Unrealized Gain (Loss), before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax_A23EFF6419DE814944C1F838D81BA919" xlink:type="arc" />
    <link:label id="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239_terseLabel_en-US" xlink:label="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock exchange ratio</link:label>
    <link:label id="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239_label_en-US" xlink:label="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock Exchange Ratio</link:label>
    <link:label id="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239_documentation_en-US" xlink:label="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Stock Exchange Ratio</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CommonStockExchangeRatio" xlink:label="loc_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239" xlink:to="lab_mdly_CommonStockExchangeRatio_42F8403DD77432D52445F838D81B0239" xlink:type="arc" />
    <link:label id="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17_terseLabel_en-US" xlink:label="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of tax benefit under tax receivable agreement</link:label>
    <link:label id="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17_label_en-US" xlink:label="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of tax benefit under tax receivable agreement</link:label>
    <link:label id="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17_documentation_en-US" xlink:label="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent the percentage of tax benefit under tax receivable agreement.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement" xlink:label="loc_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17" xlink:to="lab_mdly_PercentageOfTaxBenefitUnderTaxReceivableAgreement_2E0861E783B7F0071E29F838D81BFF17" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_F92700093DCD838572D7B16D910FFD3E_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_F92700093DCD838572D7B16D910FFD3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_F92700093DCD838572D7B16D910FFD3E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_F92700093DCD838572D7B16D910FFD3E" xlink:to="lab_us-gaap_IncomeStatementAbstract_F92700093DCD838572D7B16D910FFD3E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0_label_en-US" xlink:label="lab_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0" xlink:to="lab_us-gaap_StatementTable_5980683E963473515DF7B16D910F60F0" xlink:type="arc" />
    <link:label id="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71_terseLabel_en-US" xlink:label="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Subsidiaries [Member]</link:label>
    <link:label id="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71_label_en-US" xlink:label="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Subsidiaries [Member]</link:label>
    <link:label id="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71_documentation_en-US" xlink:label="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Subsidiaries [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ConsolidatedSubsidiariesMember" xlink:label="loc_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71" xlink:to="lab_mdly_ConsolidatedSubsidiariesMember_9E31E514402943E81DF0B16D910FCB71" xlink:type="arc" />
    <link:label id="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E_terseLabel_en-US" xlink:label="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Medley LLC [Member]</link:label>
    <link:label id="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E_label_en-US" xlink:label="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Medley Limited Liability Corporation [Member]</link:label>
    <link:label id="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E_documentation_en-US" xlink:label="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Medley Limited Liability Corporation [Member].</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_MedleyLimitedLiabilityCorporationMember" xlink:label="loc_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E" xlink:to="lab_mdly_MedleyLimitedLiabilityCorporationMember_1A8E4CA04D48BE877518B16D910F497E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771" xlink:to="lab_us-gaap_StatementLineItems_716B4E0A7B30E02C8FB4B16D91103771" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2" xlink:to="lab_us-gaap_RevenuesAbstract_E954A8116C69BAABE493B16D911076E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80_terseLabel_en-US" xlink:label="lab_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fees (includes Part I incentive fees of $544 and $3,369, respectively)</link:label>
    <link:label id="lab_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80_label_en-US" xlink:label="lab_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Fees Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ManagementFeesRevenue" xlink:label="loc_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80" xlink:to="lab_us-gaap_ManagementFeesRevenue_73C2E23147AE8A2F4E60B16D9110EE80" xlink:type="arc" />
    <link:label id="lab_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E_terseLabel_en-US" xlink:label="lab_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance fees</link:label>
    <link:label id="lab_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E_label_en-US" xlink:label="lab_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PerformanceFees" xlink:label="loc_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E" xlink:to="lab_us-gaap_PerformanceFees_889DE6FF226538EA6D51B16D9110659E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944_verboseLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other revenues and fees</link:label>
    <link:label id="lab_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fees and Commissions, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="loc_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944" xlink:to="lab_us-gaap_FeesAndCommissionsOther_1066C297242BE1966397B16D91108944" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F_label_en-US" xlink:label="lab_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F" xlink:to="lab_us-gaap_Revenues_E3E4D7E7F5D764CB9FC3B16D9110987F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917" xlink:to="lab_us-gaap_OperatingExpensesAbstract_2387CA59AB7445CBF9EDB16D9110B917" xlink:type="arc" />
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and benefits</link:label>
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1" xlink:to="lab_us-gaap_LaborAndRelatedExpense_07D446065A3AB97A629CB16D911052C1" xlink:type="arc" />
    <link:label id="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3_negatedTerseLabel_en-US" xlink:label="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Performance fee compensation</link:label>
    <link:label id="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3_label_en-US" xlink:label="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Fee Compensation</link:label>
    <link:label id="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3_documentation_en-US" xlink:label="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Includes compensation to our professionals directly related to performance fees.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PerformanceFeeCompensation" xlink:label="loc_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3" xlink:to="lab_mdly_PerformanceFeeCompensation_97AED482A9DA141DD317B16D91108AF3" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General, administrative and other expenses</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_CEFDA8BA2AECCF655C8CB16D91109B9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6" xlink:to="lab_us-gaap_OperatingExpenses_21C161B3D1CAD0C0C521B16D911094C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense)</link:label>
    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE_label_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income and Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE" xlink:to="lab_us-gaap_OtherIncomeAndExpensesAbstract_B1FEA14A49E11845DF3DB16D9110F1BE" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend income</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Dividend</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="loc_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490" xlink:to="lab_us-gaap_InvestmentIncomeDividend_6BD4B93B4DCD3FD6A8F6B16D91101490" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B_label_en-US" xlink:label="lab_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B" xlink:to="lab_us-gaap_InterestExpense_8B007F069DE1E3EE783AB16D9110C19B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other income (expense), net</link:label>
    <link:label id="lab_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E_label_en-US" xlink:label="lab_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Income (Expense), Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherOperatingIncomeExpenseNet" xlink:label="loc_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E" xlink:to="lab_us-gaap_OtherOperatingIncomeExpenseNet_9677F8D755B3B07B4BAAB16D9111E35E" xlink:type="arc" />
    <link:label id="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82_totalLabel_en-US" xlink:label="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other expense, net</link:label>
    <link:label id="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82_label_en-US" xlink:label="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Other Operating Income Expense Net</link:label>
    <link:label id="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82_documentation_en-US" xlink:label="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of other operating income (expense), net during the reporting period.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_TotalOtherOperatingIncomeExpenseNet" xlink:label="loc_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82" xlink:to="lab_mdly_TotalOtherOperatingIncomeExpenseNet_C9767D4F4D4BF097ECCBB16D9111CE82" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_EDFAC4EBD1FDDBF3FBC7B16D9111C446" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Provision for income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_0116BF392FC269786CB6B16D91117B45" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E" xlink:to="lab_us-gaap_ProfitLoss_37CB89E314E6193FFFDAB16D9111BB2E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) attributable to non-controlling interests</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_29372F63E34DA75F2006B16D911138A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to Medley Management Inc.</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D" xlink:to="lab_us-gaap_NetIncomeLoss_6FB9FA19AE61E3DD5474B16D91117C2D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared per Class A common stock (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_5E9A88A727C9F025663FB16D91110FB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) per Class A common stock:</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F" xlink:to="lab_us-gaap_EarningsPerShareAbstract_8923DE5C194730F8615BB16D9111954F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300" xlink:to="lab_us-gaap_EarningsPerShareBasic_CE95B61F29EE8498B54CB16D91117300" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD" xlink:to="lab_us-gaap_EarningsPerShareDiluted_C3FC1FED865971BF1DADB16D911112FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number shares outstanding - Basic and Diluted (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic and Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted" xlink:label="loc_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF" xlink:to="lab_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_1C286E1319711918F580B16D9111C2BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6D5F740265ADB982CB68ABF023BABC6A_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6D5F740265ADB982CB68ABF023BABC6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6D5F740265ADB982CB68ABF023BABC6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6D5F740265ADB982CB68ABF023BABC6A" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6D5F740265ADB982CB68ABF023BABC6A" xlink:type="arc" />
    <link:label id="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA_terseLabel_en-US" xlink:label="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Organization And Basis Of Presentation [Table]</link:label>
    <link:label id="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA_label_en-US" xlink:label="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Organization And Basis Of Presentation [Table]</link:label>
    <link:label id="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA_documentation_en-US" xlink:label="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ScheduleOfOrganizationAndBasisOfPresentationTable" xlink:label="loc_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA" xlink:to="lab_mdly_ScheduleOfOrganizationAndBasisOfPresentationTable_A1BEC6E29E40916D11F9ABF023BAE0AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F_terseLabel_en-US" xlink:label="lab_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Class B [Member]</link:label>
    <link:label id="lab_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F_label_en-US" xlink:label="lab_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class B [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonClassBMember" xlink:label="loc_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F" xlink:to="lab_us-gaap_CommonClassBMember_5B7FE3F73260655955F7ABF023BA792F" xlink:type="arc" />
    <link:label id="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035_terseLabel_en-US" xlink:label="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Line Items]</link:label>
    <link:label id="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035_label_en-US" xlink:label="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Line Items]</link:label>
    <link:label id="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035_documentation_en-US" xlink:label="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_OrganizationAndBasisOfPresentationLineItems" xlink:label="loc_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035" xlink:to="lab_mdly_OrganizationAndBasisOfPresentationLineItems_0854AACFF872FA1FFDA4ABF023BB9035" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of reportable segments</link:label>
    <link:label id="lab_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Reportable Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3" xlink:to="lab_us-gaap_NumberOfReportableSegments_B859963DDB94501228F6ABF023C00BC3" xlink:type="arc" />
    <link:label id="lab_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Date of incorporation</link:label>
    <link:label id="lab_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE_label_en-US" xlink:label="lab_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, Date of Incorporation</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityIncorporationDateOfIncorporation" xlink:label="loc_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE" xlink:to="lab_dei_EntityIncorporationDateOfIncorporation_10FD9FE7603FB4FF15A8ABF023C0EADE" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F_terseLabel_en-US" xlink:label="lab_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commencement of operations date</link:label>
    <link:label id="lab_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F_label_en-US" xlink:label="lab_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operations Commenced Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperationsCommencedDate1" xlink:label="loc_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F" xlink:to="lab_us-gaap_OperationsCommencedDate1_EE24612B5545F8CD4BC6ABF023C08F8F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Initial Public Offering</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance Initial Public Offering</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceInitialPublicOffering" xlink:label="loc_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F" xlink:to="lab_us-gaap_ProceedsFromIssuanceInitialPublicOffering_11EF57F5CAD3575EB88DABF023C01D3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Issuance of Class A shares in Initial Public Offering, net of underwriters discount (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E2CB6E248C4E6CE0D1C9ABF023C0BCD0" xlink:type="arc" />
    <link:label id="lab_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3_terseLabel_en-US" xlink:label="lab_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of Class A shares, offering price (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3_label_en-US" xlink:label="lab_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale of Stock, Price Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SaleOfStockPricePerShare" xlink:label="loc_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3" xlink:to="lab_us-gaap_SaleOfStockPricePerShare_83764176AF859DCD11A9ABF023C02AA3" xlink:type="arc" />
    <link:label id="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131_terseLabel_en-US" xlink:label="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of common stock owned by LLC personnel for voting rights entitlement, minimum</link:label>
    <link:label id="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131_label_en-US" xlink:label="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company LLC, Percentage of Common Stock, Minimum</link:label>
    <link:label id="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131_documentation_en-US" xlink:label="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the minimum percentage of common stock that should be held by the pre-IPO members.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum" xlink:label="loc_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131" xlink:to="lab_mdly_LimitedLiabilityCompanyLlcPercentageOfCommonStockMinimum_3D69096AC06E09970DCEABF023C09131" xlink:type="arc" />
    <link:label id="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553_terseLabel_en-US" xlink:label="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Voting rights multiplier upon LLC ownership threshold</link:label>
    <link:label id="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553_label_en-US" xlink:label="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company LLC, ship Unit, Voting Rights</link:label>
    <link:label id="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553_documentation_en-US" xlink:label="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of voting rights of membership units issued of limited liability company (LLC).</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights" xlink:label="loc_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553" xlink:to="lab_mdly_LimitedLiabilityCompanyLLCshipUnitVotingRights_13F7BEBA722E5FF1C866ABF023C00553" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion of pre-IPO interests to LLC Units (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Conversion of Units</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_48AF1877F75DFFED0680ABF023C00A31" xlink:type="arc" />
    <link:label id="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10_terseLabel_en-US" xlink:label="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of exchange of LLC Units for Class A shares</link:label>
    <link:label id="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10_label_en-US" xlink:label="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis Of Exchange Of Units For Shares</link:label>
    <link:label id="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10_documentation_en-US" xlink:label="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the basis of exchange of units for shares under exchange agreement.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_BasisOfExchangeOfUnitsForShares" xlink:label="loc_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10" xlink:to="lab_mdly_BasisOfExchangeOfUnitsForShares_B0A34F184DE90F9CF5BEABF023C0DC10" xlink:type="arc" />
    <link:label id="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A_terseLabel_en-US" xlink:label="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer of units to common stock, prior to fourth anniversary</link:label>
    <link:label id="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A_label_en-US" xlink:label="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer of Units to Common Stock, Threshold before Fourth Anniversary</link:label>
    <link:label id="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A_documentation_en-US" xlink:label="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer of Units to Common Stock, Threshold before Fourth Anniversary</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary" xlink:label="loc_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A" xlink:to="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFourthAnniversary_BB7A1C9C916EB3D4CE5CABF023C0FC8A" xlink:type="arc" />
    <link:label id="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7_terseLabel_en-US" xlink:label="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer of units to common stock, prior to fifth anniversary</link:label>
    <link:label id="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7_label_en-US" xlink:label="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfer of Units to Common Stock, Threshold before Fifth Anniversary</link:label>
    <link:label id="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7_documentation_en-US" xlink:label="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfer of Units to Common Stock, Threshold before Fifth Anniversary</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary" xlink:label="loc_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7" xlink:to="lab_mdly_TransferOfUnitsToCommonStockThresholdBeforeFifthAnniversary_F7C9852E635907EF034EABF023C030A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_TemporaryEquityDisclosureAbstract_A08997EDD4B942B422F0A63A8FF60989_label_en-US" xlink:label="lab_us-gaap_TemporaryEquityDisclosureAbstract_A08997EDD4B942B422F0A63A8FF60989" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary Equity Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TemporaryEquityDisclosureAbstract" xlink:label="loc_us-gaap_TemporaryEquityDisclosureAbstract_A08997EDD4B942B422F0A63A8FF60989" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TemporaryEquityDisclosureAbstract_A08997EDD4B942B422F0A63A8FF60989" xlink:to="lab_us-gaap_TemporaryEquityDisclosureAbstract_A08997EDD4B942B422F0A63A8FF60989" xlink:type="arc" />
    <link:label id="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6_verboseLabel_en-US" xlink:label="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Non-controlling Interests</link:label>
    <link:label id="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6_label_en-US" xlink:label="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest [Text Block]</link:label>
    <link:label id="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6_documentation_en-US" xlink:label="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest [Text Block]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RedeemableNoncontrollingInterestTextBlock" xlink:label="loc_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6" xlink:to="lab_mdly_RedeemableNoncontrollingInterestTextBlock_9504F55FDB04651B8743A63A8FF6F7A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_562C1A6116B792A5FBD9A63A9045F5E0_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_562C1A6116B792A5FBD9A63A9045F5E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_562C1A6116B792A5FBD9A63A9045F5E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureAbstract_562C1A6116B792A5FBD9A63A9045F5E0" xlink:to="lab_us-gaap_DebtDisclosureAbstract_562C1A6116B792A5FBD9A63A9045F5E0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LOANS PAYABLE</link:label>
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611" xlink:to="lab_us-gaap_DebtDisclosureTextBlock_21C54F2669C097DF8C64A63A9045B611" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingPoliciesAbstract_6766F441B8D22D63E55DA63A906CB290_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_6766F441B8D22D63E55DA63A906CB290" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_6766F441B8D22D63E55DA63A906CB290" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_6766F441B8D22D63E55DA63A906CB290" xlink:to="lab_us-gaap_AccountingPoliciesAbstract_6766F441B8D22D63E55DA63A906CB290" xlink:type="arc" />
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC_terseLabel_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Significant Accounting Policies</link:label>
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC_label_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC" xlink:to="lab_us-gaap_SignificantAccountingPoliciesTextBlock_49DD0729FCC6AD1469DFA63A906C19EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfInvestmentsAbstract_17F25945C72637903A89A63A90599088_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentsAbstract_17F25945C72637903A89A63A90599088" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Investments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaap_ScheduleOfInvestmentsAbstract_17F25945C72637903A89A63A90599088" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfInvestmentsAbstract_17F25945C72637903A89A63A90599088" xlink:to="lab_us-gaap_ScheduleOfInvestmentsAbstract_17F25945C72637903A89A63A90599088" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B_totalLabel_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total investments, at fair value</link:label>
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B_label_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B" xlink:to="lab_us-gaap_InvestmentsFairValueDisclosure_88F018355D91D61DEAE8A63A9059927B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid per Class A common stock (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Cash Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733" xlink:to="lab_us-gaap_CommonStockDividendsPerShareCashPaid_9024EE12A70A7C9EE139A63A9007C733" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive securities excluded from computation of earnings per share (shares)</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_78EB095AA755D3EC875AA63A9007DB73" xlink:type="arc" />
    <link:label id="lab_us-gaap_PayablesAndAccrualsAbstract_39B0D2AC1D5D80DB0C19A63A90300D67_label_en-US" xlink:label="lab_us-gaap_PayablesAndAccrualsAbstract_39B0D2AC1D5D80DB0C19A63A90300D67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payables and Accruals [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="loc_us-gaap_PayablesAndAccrualsAbstract_39B0D2AC1D5D80DB0C19A63A90300D67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PayablesAndAccrualsAbstract_39B0D2AC1D5D80DB0C19A63A90300D67" xlink:to="lab_us-gaap_PayablesAndAccrualsAbstract_39B0D2AC1D5D80DB0C19A63A90300D67" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Payable, Accrued Expenses and Other Liabilities</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_84BE0CB4C08919078D0AA63A9030BBB7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_07481B3B1A6B6BF82E7CDA0AEB525778_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_07481B3B1A6B6BF82E7CDA0AEB525778" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_07481B3B1A6B6BF82E7CDA0AEB525778" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_07481B3B1A6B6BF82E7CDA0AEB525778" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_07481B3B1A6B6BF82E7CDA0AEB525778" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Table]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697_label_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="loc_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697" xlink:to="lab_us-gaap_LossContingenciesTable_569716C61EF92594D1E6DA0AEB52E697" xlink:type="arc" />
    <link:label id="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD_terseLabel_en-US" xlink:label="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Funds [Member]</link:label>
    <link:label id="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD_label_en-US" xlink:label="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Funds [Member]</link:label>
    <link:label id="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD_documentation_en-US" xlink:label="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Funds [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ConsolidatedFundsMember" xlink:label="loc_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD" xlink:to="lab_mdly_ConsolidatedFundsMember_C527D9CE0E1FA1DA9E0CDA0AEB5246DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_B9C8172AE20AC0E8E463DA0AEB53AEAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_937940CAD049AF48FF02DA0AEB53ACEC" xlink:type="arc" />
    <link:label id="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB_terseLabel_en-US" xlink:label="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse Promissory Notes [Member]</link:label>
    <link:label id="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB_label_en-US" xlink:label="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonrecourse Promissory Notes [Member]</link:label>
    <link:label id="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB_documentation_en-US" xlink:label="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NonrecoursePromissoryNotesMember" xlink:label="loc_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB" xlink:to="lab_mdly_NonrecoursePromissoryNotesMember_6139F2F90AB3A917EF70DA0AEB53BEDB" xlink:type="arc" />
    <link:label id="lab_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation Case [Axis]</link:label>
    <link:label id="lab_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592_label_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Case [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LitigationCaseAxis" xlink:label="loc_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592" xlink:to="lab_us-gaap_LitigationCaseAxis_2776728E167108487C28DA0AEB53E592" xlink:type="arc" />
    <link:label id="lab_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation Case [Domain]</link:label>
    <link:label id="lab_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47_label_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Case [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LitigationCaseTypeDomain" xlink:label="loc_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47" xlink:to="lab_us-gaap_LitigationCaseTypeDomain_E108FBEECD56C5583792DA0AEB532D47" xlink:type="arc" />
    <link:label id="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303_terseLabel_en-US" xlink:label="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Moshe Barkat and MVF Holdings [Member]</link:label>
    <link:label id="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303_label_en-US" xlink:label="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Moshe Barkat And Mvf Holdings [Member]</link:label>
    <link:label id="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303_documentation_en-US" xlink:label="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Moshe Barkat and MVF Holdings [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_MosheBarkatAndMvfHoldingsMember" xlink:label="loc_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303" xlink:to="lab_mdly_MosheBarkatAndMvfHoldingsMember_250542133CE548E7A1D5DA0AEB533303" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Line Items]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8_label_en-US" xlink:label="lab_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="loc_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8" xlink:to="lab_us-gaap_LossContingenciesLineItems_A4675C2ECE83ECF7685ADA0AEB5361E8" xlink:type="arc" />
    <link:label id="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A_terseLabel_en-US" xlink:label="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease expiration period</link:label>
    <link:label id="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A_label_en-US" xlink:label="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Expiration Period</link:label>
    <link:label id="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A_documentation_en-US" xlink:label="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the operating lease expiration period.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_LeaseExpirationPeriod" xlink:label="loc_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A" xlink:to="lab_mdly_LeaseExpirationPeriod_05877C26A84C3A09ED54DA0AEB53512A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Rent expense</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseNet_EDF34D8D7D9174F242BBDA0AEB531DEF" xlink:type="arc" />
    <link:label id="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC_terseLabel_en-US" xlink:label="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unfunded capital commitments</link:label>
    <link:label id="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC_label_en-US" xlink:label="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unfunded Capital Commitments</link:label>
    <link:label id="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC_documentation_en-US" xlink:label="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">It represents the amount of unfunded capital commitments.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_UnfundedCapitalCommitments" xlink:label="loc_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC" xlink:to="lab_mdly_UnfundedCapitalCommitments_11D5C5A30B83627C03CBDA0AEB5333EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of debt</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfDebt_C32764BF65150BCBFCB7DA0AEB53CB68" xlink:type="arc" />
    <link:label id="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0_terseLabel_en-US" xlink:label="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Present value of future cash flows expected to be paid</link:label>
    <link:label id="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0_label_en-US" xlink:label="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present Value Of Future Cash Flows Expected To Be Paid</link:label>
    <link:label id="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0_documentation_en-US" xlink:label="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount represents the present value of future cash flows expected to be paid at inception.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PresentValueOfFutureCashFlowsExpectedToBePaid" xlink:label="loc_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0" xlink:to="lab_mdly_PresentValueOfFutureCashFlowsExpectedToBePaid_2F0528B35419186AAB05DA0AEB53DED0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2_terseLabel_en-US" xlink:label="lab_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual obligation</link:label>
    <link:label id="lab_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2_label_en-US" xlink:label="lab_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Obligation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ContractualObligation" xlink:label="loc_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2" xlink:to="lab_us-gaap_ContractualObligation_5329AFE063E01E26A136DA0AEB53A3F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt default</link:label>
    <link:label id="lab_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B_label_en-US" xlink:label="lab_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Debt Default, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtDefaultLongtermDebtAmount" xlink:label="loc_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B" xlink:to="lab_us-gaap_DebtDefaultLongtermDebtAmount_F391C254300DB85BDBB1DA0AEB53CD8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Damages sought</link:label>
    <link:label id="lab_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5_label_en-US" xlink:label="lab_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Damages Sought, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LossContingencyDamagesSoughtValue" xlink:label="loc_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5" xlink:to="lab_us-gaap_LossContingencyDamagesSoughtValue_A18713D9A194966F4A15DA0AEB54A4E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlement amount</link:label>
    <link:label id="lab_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F_label_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Settlement, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LitigationSettlementAmount" xlink:label="loc_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F" xlink:to="lab_us-gaap_LitigationSettlementAmount_7934C2DC575F0CF5C4E0DA0AEB546E9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principles of Consolidation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_32A7006EB1B7154D20F4F838D8D1BC71" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Variable Interest Entities</link:label>
    <link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA_label_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Variable Interest Entity, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:label="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA" xlink:to="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_348A629BAC606C840DE1F838D8D2ADFA" xlink:type="arc" />
    <link:label id="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7_terseLabel_en-US" xlink:label="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Seed Investments</link:label>
    <link:label id="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7_label_en-US" xlink:label="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seed Investments [Policy Text Block]</link:label>
    <link:label id="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7_documentation_en-US" xlink:label="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accounting policy for seed investments through the application of the voting interest.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SeedInvestmentsPolicyTextBlock" xlink:label="loc_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7" xlink:to="lab_mdly_SeedInvestmentsPolicyTextBlock_F329482053F60B5EFDF2F838D8D2F6A7" xlink:type="arc" />
    <link:label id="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F_terseLabel_en-US" xlink:label="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Consolidated Variable Interest Entities</link:label>
    <link:label id="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F_label_en-US" xlink:label="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Consolidation Variable Interest Entity Policy [Policy Text Block]</link:label>
    <link:label id="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F_documentation_en-US" xlink:label="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accounting policy for non consolidation to describe the significant judgments and assumptions made in determining whether a variable interest held by the entity requires the variable interest entity to be consolidated and (or) disclose information about its involvement with the variable interest entity.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock" xlink:label="loc_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F" xlink:to="lab_mdly_NonConsolidationVariableInterestEntityPolicyPolicyTextBlock_7216738A275E5EE43FE7F838D8D25A3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Use of Estimates</link:label>
    <link:label id="lab_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72" xlink:to="lab_us-gaap_UseOfEstimates_2A0682FBA0A762A230CDF838D8D2BF72" xlink:type="arc" />
    <link:label id="lab_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indemnification</link:label>
    <link:label id="lab_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8_label_en-US" xlink:label="lab_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantees, Indemnifications and Warranties Policies [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies" xlink:label="loc_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8" xlink:to="lab_us-gaap_GuaranteesIndemnificationsAndWarrantiesPolicies_E2FD7DE097185C0131E0F838D8D223D8" xlink:type="arc" />
    <link:label id="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486_terseLabel_en-US" xlink:label="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Controlling Interests</link:label>
    <link:label id="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486_label_en-US" xlink:label="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Controlling Interests in Consolidated Subsidiaries [Policy Text Block]</link:label>
    <link:label id="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486_documentation_en-US" xlink:label="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accounting policy for non controlling interests in consolidated funds and subsidiaries.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock" xlink:label="loc_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486" xlink:to="lab_mdly_NonControllingInterestsInConsolidatedSubsidiariesPolicyTextBlock_F2E5509C02DA659F5502F838D8D2C486" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A Earnings per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8_label_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8" xlink:to="lab_us-gaap_EarningsPerSharePolicyTextBlock_9F1DD461080BD5D1EDA7F838D8D2B6A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2_label_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2" xlink:to="lab_us-gaap_InvestmentPolicyTextBlock_AC3AF74F6FCC087462A5F838D8D235F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Issuance Costs</link:label>
    <link:label id="lab_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869_label_en-US" xlink:label="lab_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Charges, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredChargesPolicyTextBlock" xlink:label="loc_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869" xlink:to="lab_us-gaap_DeferredChargesPolicyTextBlock_2C5F9FEC76E14FA5010AF838D8D22869" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Recognition, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF" xlink:to="lab_us-gaap_RevenueRecognitionPolicyTextBlock_96F81BD03E9F45BB0B6AF838D8D27CEF" xlink:type="arc" />
    <link:label id="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C_terseLabel_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance Fee Compensation</link:label>
    <link:label id="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C_label_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Fee Compensation [Policy Text Block]</link:label>
    <link:label id="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C_documentation_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accounting policy for performance fee compensation.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PerformanceFeeCompensationPolicyTextBlock" xlink:label="loc_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C" xlink:to="lab_mdly_PerformanceFeeCompensationPolicyTextBlock_63081D2DFFE9D58927F2F838D8D20E5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based Compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="loc_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC" xlink:to="lab_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_6EFAD5F1135765D8E8CDF838D8D2E0DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_8A3EB9DDA7E4E8686CE6F838D8D22DAD" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recently Issued Accounting Pronouncements</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_D8F9081B0CFB963419D8F838D8D2F267" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="loc_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175" xlink:to="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_5ECF6C924F167003D07CF838D8D2A175" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Variable Interest Entities [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC" xlink:to="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_EEF2901D865575C39915F362812BC8AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20" xlink:to="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_65CA635A5900EE044ECAF362812B8C20" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47" xlink:to="lab_us-gaap_RelatedPartyDomain_8561BA829E66A01D0F8CF362812BAC47" xlink:type="arc" />
    <link:label id="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E_terseLabel_en-US" xlink:label="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non Management [Member]</link:label>
    <link:label id="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E_label_en-US" xlink:label="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Management [Member]</link:label>
    <link:label id="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E_documentation_en-US" xlink:label="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NonManagementMember" xlink:label="loc_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E" xlink:to="lab_mdly_NonManagementMember_5A7C5608A855F285C22CF362812B564E" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="loc_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D" xlink:to="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_EB255446B50FD0743EA2F362812BD99D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E_terseLabel_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Classification [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E_label_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Classification [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E" xlink:to="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_88EC82D661F13F5FBFBBF362812BA80E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:label="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18" xlink:to="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_633CDC8846FDD0C9D680F362812BDB18" xlink:type="arc" />
    <link:label id="lab_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
    <link:label id="lab_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA" xlink:to="lab_us-gaap_TypeOfAdoptionMember_656E566C49BDC9B755AFF362812B8BFA" xlink:type="arc" />
    <link:label id="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9_terseLabel_en-US" xlink:label="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-09 [Member]</link:label>
    <link:label id="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9_label_en-US" xlink:label="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-09 [Member]</link:label>
    <link:label id="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9_documentation_en-US" xlink:label="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-09 [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_AccountingStandardsUpdate201609Member" xlink:label="loc_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9" xlink:to="lab_mdly_AccountingStandardsUpdate201609Member_FC220902839DBF3A753AF362812BF8E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_62966EB37B67130C448FF362812BC7B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7" xlink:to="lab_us-gaap_EquityComponentDomain_0B9DBB99F656EF481208F362812B63E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E" xlink:to="lab_us-gaap_RetainedEarningsMember_4F47432D877DEC56B1FEF362812BE38E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interests [Member]</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348" xlink:to="lab_us-gaap_NoncontrollingInterestMember_61B5DB542D3A98AC315EF362812C2348" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_164268A953441B7777A5F362812C6FBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_756B7FC7818B3D32435EF362812C0F85" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of voting power in Medley LLC</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityOwnershipPercentage" xlink:label="loc_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C" xlink:to="lab_us-gaap_VariableInterestEntityOwnershipPercentage_83AC63E93034BFD94570F362812C5E6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Parent ownership percentage of LLC</link:label>
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218_label_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218" xlink:to="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_1928A5BEDADC59E59A55F362812C9218" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interest ownership percentage of LLC</link:label>
    <link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09_label_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09" xlink:to="lab_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_CC77F0F5954397449DEEF362812CEC09" xlink:type="arc" />
    <link:label id="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F_terseLabel_en-US" xlink:label="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of majority owned subsidiaries</link:label>
    <link:label id="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F_label_en-US" xlink:label="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Majority Owned Subsidiaries</link:label>
    <link:label id="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F_documentation_en-US" xlink:label="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Majority Owned Subsidiaries</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NumberOfMajorityOwnedSubsidiaries" xlink:label="loc_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F" xlink:to="lab_mdly_NumberOfMajorityOwnedSubsidiaries_D5F410F1A1556E6CCAFEF362812C0D5F" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets of consolidated variable interest entity</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_91F084D849BABF04403CF362812CCA8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities of consolidated variable interest entity</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_EAF420ACC74BF53D28E9F362812CE835" xlink:type="arc" />
    <link:label id="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A_terseLabel_en-US" xlink:label="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of investments in non-consolidated VIEs</link:label>
    <link:label id="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A_label_en-US" xlink:label="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Nonconsolidated, Carrying Amount, Investments</link:label>
    <link:label id="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A_documentation_en-US" xlink:label="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Nonconsolidated, Carrying Amount, Investments</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments" xlink:label="loc_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A" xlink:to="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountInvestments_0456571D7CBF98FA27F7F362812C4D2A" xlink:type="arc" />
    <link:label id="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C_terseLabel_en-US" xlink:label="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables included as a component of other assets and clawback obligation</link:label>
    <link:label id="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C_label_en-US" xlink:label="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Nonconsolidated, Carrying Amount, Receivables</link:label>
    <link:label id="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C_documentation_en-US" xlink:label="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Nonconsolidated, Carrying Amount, Receivables</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables" xlink:label="loc_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C" xlink:to="lab_mdly_VariableInterestEntityNonconsolidatedCarryingAmountReceivables_23366CA70E8C5F72E209F377D0910F3C" xlink:type="arc" />
    <link:label id="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A_terseLabel_en-US" xlink:label="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued clawback obligations</link:label>
    <link:label id="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A_label_en-US" xlink:label="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Clawback Obligations</link:label>
    <link:label id="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A_documentation_en-US" xlink:label="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued Clawback Obligations</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_AccruedClawbackObligations" xlink:label="loc_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A" xlink:to="lab_mdly_AccruedClawbackObligations_C2BBF954CEDAE4C207E3F362812C3B6A" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum loss exposure</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860" xlink:to="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_C46BAC0B65DAFFDFDD24F362812CA860" xlink:type="arc" />
    <link:label id="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99_terseLabel_en-US" xlink:label="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reversal of performance fee</link:label>
    <link:label id="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99_label_en-US" xlink:label="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reversal Of Performance Fee</link:label>
    <link:label id="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99_documentation_en-US" xlink:label="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of performance fees reversed by the entity.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ReversalOfPerformanceFee" xlink:label="loc_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99" xlink:to="lab_mdly_ReversalOfPerformanceFee_0C8A0A8F5D4A3B364534F362812C7A99" xlink:type="arc" />
    <link:label id="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD_terseLabel_en-US" xlink:label="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative performance fees</link:label>
    <link:label id="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD_label_en-US" xlink:label="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Recognized Performance Fees</link:label>
    <link:label id="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD_documentation_en-US" xlink:label="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of revenue earned through the balance sheet date by the entity based on the investment results achieved.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CumulativeRecognizedPerformanceFees" xlink:label="loc_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD" xlink:to="lab_mdly_CumulativeRecognizedPerformanceFees_A7C0E64291C0603F9F71F362812C1EDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative effect of accounting change due to the adoption of ASU 2016-09</link:label>
    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect of New Accounting Principle in Period of Adoption</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233" xlink:to="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_2BA801E107C783A17757F3628131B233" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxAssetsNet" xlink:label="loc_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600" xlink:to="lab_us-gaap_DeferredIncomeTaxAssetsNet_E46EB43623A574C482A3F3628132E600" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_2D244FE039CE39CEC2BFA63A9029E26F" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D_label_en-US" xlink:label="lab_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Holdings, Schedule of Investments [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock" xlink:label="loc_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D" xlink:to="lab_us-gaap_InvestmentHoldingsScheduleOfInvestmentsTextBlock_2D799794CA11A4ABB75EA63A905DC42D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CompensationAndRetirementDisclosureAbstract_5BFA6B61DF72C5BE0376A63A9003230F_label_en-US" xlink:label="lab_us-gaap_CompensationAndRetirementDisclosureAbstract_5BFA6B61DF72C5BE0376A63A9003230F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation and Retirement Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CompensationAndRetirementDisclosureAbstract" xlink:label="loc_us-gaap_CompensationAndRetirementDisclosureAbstract_5BFA6B61DF72C5BE0376A63A9003230F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationAndRetirementDisclosureAbstract_5BFA6B61DF72C5BE0376A63A9003230F" xlink:to="lab_us-gaap_CompensationAndRetirementDisclosureAbstract_5BFA6B61DF72C5BE0376A63A9003230F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Nonvested RSU Activity</link:label>
    <link:label id="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C" xlink:to="lab_us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_3B68712A608361005E40A63A9004B36C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining in 2017</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Remainder of Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_0FFEE0A803379C93E56DA63A901E4889" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2018</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_58B9AA32ADF58AA63E10A63A901EEBE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_49DAABF664EA55868026A63A901E64DF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3FF22F40FFD7BD9C65F5A63A901E64B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_059D15FFE32E2DF89D8DA63A901E4893" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_25355186FC068ACA4BFCA63A901ECEB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total future minimum lease payments</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_A629B5121666824F6E9FA63A901E48D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Investments [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Investments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB" xlink:to="lab_us-gaap_ScheduleOfInvestmentsTable_F025E9C42711DD61B89CDA0AEB8B2FFB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_BBC38A88A8B05F36C3E2DA0AEB8BF31B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="loc_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE" xlink:to="lab_us-gaap_EquityMethodInvesteeNameDomain_59AA4667D0C659D3DB3FDA0AEB8B78CE" xlink:type="arc" />
    <link:label id="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2_terseLabel_en-US" xlink:label="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CK Pearl Fund [Member]</link:label>
    <link:label id="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2_label_en-US" xlink:label="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CK Pearl Fund [Member]</link:label>
    <link:label id="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2_documentation_en-US" xlink:label="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CK Pearl Fund [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CKPearlFundMember" xlink:label="loc_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2" xlink:to="lab_mdly_CKPearlFundMember_5D8639A5B5690C7E5038DA0AEB8BEAC2" xlink:type="arc" />
    <link:label id="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4_terseLabel_en-US" xlink:label="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Non Controlling Interest [Member]</link:label>
    <link:label id="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4_label_en-US" xlink:label="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Non Controlling Interest [Member]</link:label>
    <link:label id="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4_documentation_en-US" xlink:label="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Redeemable Non-controlling Interest [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RedeemableNonControllingInterestMember" xlink:label="loc_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4" xlink:to="lab_mdly_RedeemableNonControllingInterestMember_FFB3CDC5ABA6143D8F4BDA12478B6FD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_40003CC6F911E56AAE03DA129ADD36D9_verboseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_40003CC6F911E56AAE03DA129ADD36D9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_40003CC6F911E56AAE03DA129ADD36D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_40003CC6F911E56AAE03DA129ADD36D9" xlink:to="lab_us-gaap_NoncontrollingInterestMember_40003CC6F911E56AAE03DA129ADD36D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Investments [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Investments [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="loc_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F" xlink:to="lab_us-gaap_ScheduleOfInvestmentsLineItems_020E5D7B6E31BA30AE11DA0AEB8B873F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss from other than temporary impairment equity investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Other than Temporary Impairment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment" xlink:label="loc_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35" xlink:to="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_479FF16023544B3274C6DA0AEB8BCA35" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_226E23A68F23FF188EA4DA135D081221" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available for sale impairment</link:label>
    <link:label id="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B_label_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other than Temporary Impairment Losses, Investments, Available-for-sale Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="loc_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B" xlink:to="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_57D0274A87C7EFC74514DA0AEB8C846B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_D4C1FA6B7E5BA238ED7CA63A90DD92EE_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_D4C1FA6B7E5BA238ED7CA63A90DD92EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_D4C1FA6B7E5BA238ED7CA63A90DD92EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_D4C1FA6B7E5BA238ED7CA63A90DD92EE" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_D4C1FA6B7E5BA238ED7CA63A90DD92EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_71CE796CA2836ACA9072A63A90DD22A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_187E513B9537A01D628FA63A90DEFE4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29" xlink:to="lab_us-gaap_CommonStockSharesIssued_3154A587C243AA6E609CA63A90DE5C29" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_D70069A309A6ACEC006DA63A90DEE420" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4_terseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, by Legal Entity [Table]</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, by Legal Entity [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestByLegalEntityTable_DE6CA8C879696560B3A2CA18D291A6C4" xlink:type="arc" />
    <link:label id="lab_mdly_SierraIncomeCorporationMember_62168CCD1ED4210DEE8ECA18D291AE2C_verboseLabel_en-US" xlink:label="lab_mdly_SierraIncomeCorporationMember_62168CCD1ED4210DEE8ECA18D291AE2C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">SIC [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SierraIncomeCorporationMember" xlink:label="loc_mdly_SierraIncomeCorporationMember_62168CCD1ED4210DEE8ECA18D291AE2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SierraIncomeCorporationMember_62168CCD1ED4210DEE8ECA18D291AE2C" xlink:to="lab_mdly_SierraIncomeCorporationMember_62168CCD1ED4210DEE8ECA18D291AE2C" xlink:type="arc" />
    <link:label id="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF_terseLabel_en-US" xlink:label="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Medley and ''Investors'' [Member]</link:label>
    <link:label id="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF_label_en-US" xlink:label="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Medley And Investors [Member]</link:label>
    <link:label id="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF_documentation_en-US" xlink:label="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Medley and ''Investors'' [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_MedleyAndInvestorsMember" xlink:label="loc_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF" xlink:to="lab_mdly_MedleyAndInvestorsMember_CD12C88D11D9A9BA098DCA18D292D3CF" xlink:type="arc" />
    <link:label id="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41_terseLabel_en-US" xlink:label="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DB MED INVESTOR I And II LLC [Member]</link:label>
    <link:label id="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41_label_en-US" xlink:label="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Db Med Investor I And Ii Llc [Member]</link:label>
    <link:label id="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41_documentation_en-US" xlink:label="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DB MED INVESTOR I And II LLC [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_DbMedInvestorIAndIiLlcMember" xlink:label="loc_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41" xlink:to="lab_mdly_DbMedInvestorIAndIiLlcMember_C2C8919E12219860AAC7CA18D2928A41" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Commitments [Axis]</link:label>
    <link:label id="lab_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180_label_en-US" xlink:label="lab_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherCommitmentsAxis" xlink:label="loc_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180" xlink:to="lab_us-gaap_OtherCommitmentsAxis_3CB90E0E98011466FC5ACA18D2920180" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Commitments [Domain]</link:label>
    <link:label id="lab_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7_label_en-US" xlink:label="lab_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherCommitmentsDomain" xlink:label="loc_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7" xlink:to="lab_us-gaap_OtherCommitmentsDomain_19D76A0B27C3FB9CA4E4CA18D29277B7" xlink:type="arc" />
    <link:label id="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A_terseLabel_en-US" xlink:label="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Master Investment Agreement with DB MED Investor I LLC and DB MED Investor II LLC [Member]</link:label>
    <link:label id="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A_label_en-US" xlink:label="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Master Investment Agreement With Db Med Investor I Llc And Db Med Investor Ii Llc [Member]</link:label>
    <link:label id="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A_documentation_en-US" xlink:label="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">a Master Investment Agreement with DB MED Investor I LLC and DB MED Investor II LLC [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember" xlink:label="loc_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A" xlink:to="lab_mdly_MasterInvestmentAgreementWithDbMedInvestorILlcAndDbMedInvestorIiLlcMember_F947F78995D2834F061ACA18D292387A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F_terseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest [Line Items]</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestLineItems" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestLineItems_045EB03CC1B637E0C41ACA18D292ED8F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A_terseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of non-controlling interest</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityFairValue" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityFairValue_C51E164337072A2D4741CA18D292567A" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income allocated to non-controlling interest</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92" xlink:to="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_7C1B85B958EE7137C711CA18D2924F92" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributions to members and redeemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D_label_en-US" xlink:label="lab_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Capital Distribution</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfCapitalDistribution" xlink:label="loc_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D" xlink:to="lab_us-gaap_PaymentsOfCapitalDistribution_1E3169C07661865DFEBECA18D2927C9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3_terseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance of redeemable non-controlling interest</link:label>
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3_label_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Equity, Carrying Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_D4BBB8C0F5ED26D3B96DCA18D292ABD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments and contributions</link:label>
    <link:label id="lab_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6_label_en-US" xlink:label="lab_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherCommitment" xlink:label="loc_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6" xlink:to="lab_us-gaap_OtherCommitment_C8A3594177DE0D06B909CA18D2922FC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of preferred distributions given to Investors</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividend Rate, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30" xlink:to="lab_us-gaap_PreferredStockDividendRatePercentage_4DD67C2F549568356EE6CA18D2926D30" xlink:type="arc" />
    <link:label id="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA_terseLabel_en-US" xlink:label="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of Joint Venture profits given to Investors</link:label>
    <link:label id="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA_label_en-US" xlink:label="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Percentage of Joint Venture Profits</link:label>
    <link:label id="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA_documentation_en-US" xlink:label="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Stock, Percentage of Joint Venture Profits</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PreferredStockPercentageOfJointVentureProfits" xlink:label="loc_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA" xlink:to="lab_mdly_PreferredStockPercentageOfJointVentureProfits_B56C1A41471948504700CA18D2929CDA" xlink:type="arc" />
    <link:label id="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421_terseLabel_en-US" xlink:label="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period before Investors can redeem their interests</link:label>
    <link:label id="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421_label_en-US" xlink:label="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Period Before Given the Right of Redemption</link:label>
    <link:label id="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421_documentation_en-US" xlink:label="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Redeemable Noncontrolling Interest, Period Before Given the Right of Redemption</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption" xlink:label="loc_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421" xlink:to="lab_mdly_RedeemableNoncontrollingInterestPeriodBeforeGiventheRightofRedemption_83B1CCED98FF9864BC4BCA18D2929421" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions to the joint venture</link:label>
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E_label_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Contributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PartnersCapitalAccountContributions" xlink:label="loc_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E" xlink:to="lab_us-gaap_PartnersCapitalAccountContributions_33F95B83A4F98F38B711CA18D292820E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchases of available for sale securities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Available-for-sale Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_DBD8B200EEDEAF99C74FCA18D29280E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to noncontrolling interest</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_16D2D95447D33F7B6E34CA18D2922829" xlink:type="arc" />
    <link:label id="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865_terseLabel_en-US" xlink:label="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining contributions included in restricted cash</link:label>
    <link:label id="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865_label_en-US" xlink:label="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remaining Contributions</link:label>
    <link:label id="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865_documentation_en-US" xlink:label="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Remaining Contributions</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RemainingContributions" xlink:label="loc_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865" xlink:to="lab_mdly_RemainingContributions_44C96C8B8C9C6E58EF5DCA18D2928865" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978" xlink:to="lab_us-gaap_DebtInstrumentTable_1ED0404C8B0A4285644EC9E4224B1978" xlink:type="arc" />
    <link:label id="lab_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes [Member]</link:label>
    <link:label id="lab_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636_label_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SeniorNotesMember" xlink:label="loc_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636" xlink:to="lab_us-gaap_SeniorNotesMember_B4035DE6BB010428A3B4C9E4224CF636" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627" xlink:to="lab_us-gaap_DebtInstrumentAxis_B95F453A798F90F93DE5C9E422513627" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_B5E2528B30C922F00C9EC9E422515208" xlink:type="arc" />
    <link:label id="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7_terseLabel_en-US" xlink:label="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Due 2026 [Member]</link:label>
    <link:label id="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7_label_en-US" xlink:label="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Due 2026 [Member]</link:label>
    <link:label id="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7_documentation_en-US" xlink:label="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Due 2026 [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SeniorNotesDue2026Member" xlink:label="loc_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7" xlink:to="lab_mdly_SeniorNotesDue2026Member_1F215F96433D55C50DB4C9E422510BE7" xlink:type="arc" />
    <link:label id="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503_terseLabel_en-US" xlink:label="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Due 2024 [Member]</link:label>
    <link:label id="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503_label_en-US" xlink:label="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Due 2024 [Member]</link:label>
    <link:label id="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503_documentation_en-US" xlink:label="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Due 2024 [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SeniorNotesDue2024Member" xlink:label="loc_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503" xlink:to="lab_mdly_SeniorNotesDue2024Member_F27656F651E4DD10E6ABC9E422515503" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodAxis" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodAxis_2B0A4ACD64E5FFB747B8C9E42251B151" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodDomain" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodDomain_B9672D6C8901AA6B6FDAC9E42251A365" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">On or after August 15, 2019 [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period One [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodOneMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodOneMember_2DE4462A2C5964435B8FC9E4225171A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">On or after January 30, 2020 [Member]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption, Period Two [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodTwoMember" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPeriodTwoMember_5072239515633D3ED1C0C9E422516223" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2" xlink:to="lab_us-gaap_DebtInstrumentLineItems_D55498950A5909322CCFC9E4225233C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument, face amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_1DABEBC4ACC671B856DFC9E42252E83A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stated interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_84A43ED8142044CB8AF6C9E422521CE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption percentage</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption Price, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092" xlink:to="lab_us-gaap_DebtInstrumentRedemptionPricePercentage_390C32C8AC8E55E5303FC9E42252A092" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Discount and direct issuance costs</link:label>
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801_label_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Finance Costs, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801" xlink:to="lab_us-gaap_DeferredFinanceCostsNet_0FFB54F3333E64E13F55C9E42252A801" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E_terseLabel_en-US" xlink:label="lab_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes payable, fair value disclosure</link:label>
    <link:label id="lab_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E_label_en-US" xlink:label="lab_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Payable, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="loc_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E" xlink:to="lab_us-gaap_NotesPayableFairValueDisclosure_6BA8A8B7D8CA644B9F40C9E42252F13E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense, including amortization of discount and debt issuance costs</link:label>
    <link:label id="lab_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A_label_en-US" xlink:label="lab_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and Debt Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestAndDebtExpense" xlink:label="loc_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A" xlink:to="lab_us-gaap_InterestAndDebtExpense_FC696122B785CFF5BB96C9E422524F2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1_label_en-US" xlink:label="lab_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestExpenseDebt" xlink:label="loc_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1" xlink:to="lab_us-gaap_InterestExpenseDebt_E06BCBB96E0BC979C4CBC9E4225236C1" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66_terseLabel_en-US" xlink:label="lab_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Composition of Investments</link:label>
    <link:label id="lab_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66_label_en-US" xlink:label="lab_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="loc_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66" xlink:to="lab_invest_InvestmentTableTextBlock_81763F70ED84DADE7CD5A63A905BFF66" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Debt</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfDebtTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00" xlink:to="lab_us-gaap_ScheduleOfDebtTableTextBlock_77967642C9E6419627D9A63A90443C00" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_D5717A696A78856EE2C5F37FF9F50A70" xlink:type="arc" />
    <link:label id="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8_terseLabel_en-US" xlink:label="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Participating Securities [Member]</link:label>
    <link:label id="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8_label_en-US" xlink:label="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Participating Securities [Member]</link:label>
    <link:label id="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8_documentation_en-US" xlink:label="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Participating Securities [Member].</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ParticipatingSecuritiesMember" xlink:label="loc_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8" xlink:to="lab_mdly_ParticipatingSecuritiesMember_10ED39683B7519319B6FF37FF9F5FEC8" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasicLineItems" xlink:label="loc_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB" xlink:to="lab_us-gaap_EarningsPerShareBasicLineItems_6F87B276F61E810B210AF37FF9F577CB" xlink:type="arc" />
    <link:label id="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C_terseLabel_en-US" xlink:label="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Numerator</link:label>
    <link:label id="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C_label_en-US" xlink:label="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Numerator [Abstract]</link:label>
    <link:label id="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C_documentation_en-US" xlink:label="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NumeratorAbstract" xlink:label="loc_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C" xlink:to="lab_mdly_NumeratorAbstract_D30449E8CAC2201E377DF37FF9F59C0C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_C8CF19FD30FA2F4B03C9F37FF9F5D664_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_C8CF19FD30FA2F4B03C9F37FF9F5D664" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to Medley Management Inc.</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_C8CF19FD30FA2F4B03C9F37FF9F5D664" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_C8CF19FD30FA2F4B03C9F37FF9F5D664" xlink:to="lab_us-gaap_NetIncomeLoss_C8CF19FD30FA2F4B03C9F37FF9F5D664" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322_negatedLabel_en-US" xlink:label="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Allocation to participating securities</link:label>
    <link:label id="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322_label_en-US" xlink:label="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Participating Securities, Distributed and Undistributed Earnings (Loss), Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322" xlink:to="lab_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_A439A2B1F1BA5D0EEF7CF37FF9F5D322" xlink:type="arc" />
    <link:label id="lab_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632_totalLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) available to Class A common stockholders</link:label>
    <link:label id="lab_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632_label_en-US" xlink:label="lab_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undistributed Earnings, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UndistributedEarnings" xlink:label="loc_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632" xlink:to="lab_us-gaap_UndistributedEarnings_618ECD30DA604FC97E77F37FF9F53632" xlink:type="arc" />
    <link:label id="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03_terseLabel_en-US" xlink:label="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Denominator</link:label>
    <link:label id="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03_label_en-US" xlink:label="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Denominator [Abstract]</link:label>
    <link:label id="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03_documentation_en-US" xlink:label="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_DenominatorAbstract" xlink:label="loc_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03" xlink:to="lab_mdly_DenominatorAbstract_8B549FEA027A318B0426F37FF9F50D03" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average shares of Class A common stock outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_1842AE1C162D4DBD3813F37FF9F5DB48" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) per Class A share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareBasicAndDiluted" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDiluted_0DBEE08FE41F62B3EA3AF37FF9F50144" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_2BEBAF39806671671C56ABF3A47113BF_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_2BEBAF39806671671C56ABF3A47113BF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_2BEBAF39806671671C56ABF3A47113BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureTextBlock_2BEBAF39806671671C56ABF3A47113BF" xlink:to="lab_us-gaap_DebtDisclosureTextBlock_2BEBAF39806671671C56ABF3A47113BF" xlink:type="arc" />
    <link:label id="lab_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B_label_en-US" xlink:label="lab_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document And Entity Information [Abstract]</link:label>
    <link:label id="lab_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B_documentation_en-US" xlink:label="lab_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_DocumentAndEntityInformationAbstract" xlink:label="loc_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B" xlink:to="lab_mdly_DocumentAndEntityInformationAbstract_EB1E4EEEF858AA3241F7A6FE8E51792B" xlink:type="arc" />
    <link:label id="lab_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:label id="lab_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142_label_en-US" xlink:label="lab_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentInformationTable" xlink:label="loc_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142" xlink:to="lab_dei_DocumentInformationTable_5F66B420154F5FEE68B0A6FE8E521142" xlink:type="arc" />
    <link:label id="lab_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:label id="lab_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentInformationLineItems" xlink:label="loc_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D" xlink:to="lab_dei_DocumentInformationLineItems_862FAB190E8C0AC091F1A6FE8E52211D" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690_label_en-US" xlink:label="lab_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690" xlink:to="lab_dei_EntityRegistrantName_123C2A4AFEF6192A9469A6FE8E527690" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5" xlink:to="lab_dei_EntityCentralIndexKey_7A01A628A919420A758EA6FE8E5204E5" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593" xlink:to="lab_dei_CurrentFiscalYearEndDate_5FF04CEA29659D53AEFEA6FE8E526593" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0_label_en-US" xlink:label="lab_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0" xlink:to="lab_dei_EntityFilerCategory_A141AEC474E20FA1B266A6FE8E5245C0" xlink:type="arc" />
    <link:label id="lab_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6_label_en-US" xlink:label="lab_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6" xlink:to="lab_dei_TradingSymbol_4D309C9643AE3E5C819CA6FE8E5266C6" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44_terseLabel_en-US" xlink:label="lab_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44_label_en-US" xlink:label="lab_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44" xlink:to="lab_dei_DocumentType_520EF7B8751A9826F6C7A6FE8E529F44" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666" xlink:to="lab_dei_DocumentPeriodEndDate_4DE25E6B4BBDC4C1165EA6FE8E523666" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140" xlink:to="lab_dei_DocumentFiscalYearFocus_1089774FD5EE903B8B16A6FE8E521140" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14" xlink:to="lab_dei_DocumentFiscalPeriodFocus_8C892E1A0E4C7B7674D0A6FE8E527A14" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D_label_en-US" xlink:label="lab_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D" xlink:to="lab_dei_AmendmentFlag_1BF324C52CB9E1ECBB92A6FE8E52EA0D" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_78C590D1513360D704E8A6FE8E52299B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6_verboseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued compensation and benefits</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_2356C67A8B0B65C2D55FDA0AEB5B9CB6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9_verboseLabel_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Due to affiliates</link:label>
    <link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9_label_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to Affiliate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DueToAffiliateCurrentAndNoncurrent" xlink:label="loc_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9" xlink:to="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_BC6BA2E8BD824E78A04ADA0AEB5BF4E9" xlink:type="arc" />
    <link:label id="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C_verboseLabel_en-US" xlink:label="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenue share payable</link:label>
    <link:label id="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C_label_en-US" xlink:label="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Share Payable</link:label>
    <link:label id="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C_documentation_en-US" xlink:label="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the obligation to pay a fixed percentage of management and incentive fees received to specific parties.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RevenueSharePayable" xlink:label="loc_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C" xlink:to="lab_mdly_RevenueSharePayable_93BC325FDF107C00F753DA0AEB5B234C" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest</link:label>
    <link:label id="lab_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F_label_en-US" xlink:label="lab_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F" xlink:to="lab_us-gaap_InterestPayableCurrentAndNoncurrent_4BA662DF8FACC7FEF0BDDA0AEB5B5F3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Professional fees</link:label>
    <link:label id="lab_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE_label_en-US" xlink:label="lab_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Professional Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE" xlink:to="lab_us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_20FF812FA359BCAB298EDA0AEB5B66CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred rent</link:label>
    <link:label id="lab_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93_label_en-US" xlink:label="lab_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Rent Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredRentCredit" xlink:label="loc_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93" xlink:to="lab_us-gaap_DeferredRentCredit_34BA61BD70CC3C00B53BDA0AEB5B0D93" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB" xlink:to="lab_us-gaap_DeferredIncomeTaxLiabilities_4BB158B9BDCFD09570A1DA0AEB5BEFDB" xlink:type="arc" />
    <link:label id="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5_verboseLabel_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Performance fee compensation</link:label>
    <link:label id="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5_label_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Fee Compensation Payable</link:label>
    <link:label id="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5_documentation_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of payable, as of the balance sheet date, related to performance fees.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PerformanceFeeCompensationPayable" xlink:label="loc_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5" xlink:to="lab_mdly_PerformanceFeeCompensationPayable_61E2EED65F2E6F454413DA14F4B5F4F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and other accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241" xlink:to="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_8E7A24901D67DCFBFDBBDA0AEB5B3241" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C_totalLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total accounts payable, accrued expenses and other liabilities</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Other Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableAndOtherAccruedLiabilities" xlink:label="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C" xlink:to="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_8F846A0D5182FDBCC332DA0AEB5BA42C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsAbstract_B296BBE33D84C0494904A63A8FEC1A2B_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsAbstract_B296BBE33D84C0494904A63A8FEC1A2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaap_SubsequentEventsAbstract_B296BBE33D84C0494904A63A8FEC1A2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsAbstract_B296BBE33D84C0494904A63A8FEC1A2B" xlink:to="lab_us-gaap_SubsequentEventsAbstract_B296BBE33D84C0494904A63A8FEC1A2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Events</link:label>
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB" xlink:to="lab_us-gaap_SubsequentEventsTextBlock_78ECCCF24FAA51D41113A63A8FEC61AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8FDC4A8636C3650BB271B0EE45C3E607_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8FDC4A8636C3650BB271B0EE45C3E607" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8FDC4A8636C3650BB271B0EE45C3E607" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8FDC4A8636C3650BB271B0EE45C3E607" xlink:to="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_8FDC4A8636C3650BB271B0EE45C3E607" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_FFBF89E8D1E61FE5EF66B0EE45C3E769_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_FFBF89E8D1E61FE5EF66B0EE45C3E769" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_FFBF89E8D1E61FE5EF66B0EE45C3E769" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_FFBF89E8D1E61FE5EF66B0EE45C3E769" xlink:to="lab_us-gaap_ProfitLoss_FFBF89E8D1E61FE5EF66B0EE45C3E769" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income:</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_672D9232C26323E49D14B0EE45C34390" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_4C94AB17DCE7A161964FB0EE45C3A560" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_D764188DFE943FBD82C9B0EE45C39936" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574_verboseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income (loss) attributable to non-controlling interests</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_3E20307775B2A62102FAB0EE45C3F574" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to Medley Management Inc.</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_0840C3A7F524C0623922B0EE45C307F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359" xlink:to="lab_us-gaap_AssetsAbstract_3304A0DB4BD7A941E101DA0AEBD75359" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_84BD7CF7A7C8B540D8BDDA0AEBD7C3A4" xlink:type="arc" />
    <link:label id="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E_terseLabel_en-US" xlink:label="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash equivalents</link:label>
    <link:label id="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E_label_en-US" xlink:label="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash Equivalents</link:label>
    <link:label id="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E_documentation_en-US" xlink:label="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Cash Equivalents</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RestrictedCashEquivalents" xlink:label="loc_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E" xlink:to="lab_mdly_RestrictedCashEquivalents_36B582619E84CCD7F812DA0AEBD70E5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_1004500BBB662D90E4A0DA0AEBD7CFD0_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_1004500BBB662D90E4A0DA0AEBD7CFD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments, at fair value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_1004500BBB662D90E4A0DA0AEBD7CFD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsFairValueDisclosure_1004500BBB662D90E4A0DA0AEBD7CFD0" xlink:to="lab_us-gaap_InvestmentsFairValueDisclosure_1004500BBB662D90E4A0DA0AEBD7CFD0" xlink:type="arc" />
    <link:label id="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D_terseLabel_en-US" xlink:label="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management fees receivable</link:label>
    <link:label id="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D_label_en-US" xlink:label="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Management Fees Receivable</link:label>
    <link:label id="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D_documentation_en-US" xlink:label="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying amount as of the balance sheet date of management fees earned but not received.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ManagementFeesReceivable" xlink:label="loc_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D" xlink:to="lab_mdly_ManagementFeesReceivable_E9825DA593CC701771D8DA0AEBD73C5D" xlink:type="arc" />
    <link:label id="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B_terseLabel_en-US" xlink:label="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance fees receivable</link:label>
    <link:label id="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B_label_en-US" xlink:label="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Fees Receivable</link:label>
    <link:label id="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B_documentation_en-US" xlink:label="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount as of the balance sheet date of performance fees receivable by the entity based on the investment results achieved.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PerformanceFeesReceivable" xlink:label="loc_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B" xlink:to="lab_mdly_PerformanceFeesReceivable_15DB9B4170765C7889EDDA0AEBD7349B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2_label_en-US" xlink:label="lab_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2" xlink:to="lab_us-gaap_OtherAssets_959C7D0B2CE2AF42A67CDA0AEBD79BE2" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759_label_en-US" xlink:label="lab_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759" xlink:to="lab_us-gaap_Assets_9C410D0A3DC61EBF7339DA0AEBD7D759" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A1FD0A105199B9F459C5DA0AEBD8262E" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior unsecured debt</link:label>
    <link:label id="lab_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20_label_en-US" xlink:label="lab_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnsecuredDebt" xlink:label="loc_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20" xlink:to="lab_us-gaap_UnsecuredDebt_7BC3B6DE884FE063C54BDA0AEBD8EB20" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loans payable</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5" xlink:to="lab_us-gaap_LongTermDebt_1F5DD282ED2099DD6F82DA0AEBD846E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_2E75E6920D388B5425FBDA0AEBD8CAB1_verboseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_2E75E6920D388B5425FBDA0AEBD8CAB1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable, accrued expenses and other liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableAndOtherAccruedLiabilities" xlink:label="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_2E75E6920D388B5425FBDA0AEBD8CAB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_2E75E6920D388B5425FBDA0AEBD8CAB1" xlink:to="lab_us-gaap_AccountsPayableAndOtherAccruedLiabilities_2E75E6920D388B5425FBDA0AEBD8CAB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5_label_en-US" xlink:label="lab_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5" xlink:to="lab_us-gaap_Liabilities_1FB39B0F8032629ACC5CDA0AEBD8CBA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and contingencies</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1" xlink:to="lab_us-gaap_CommitmentsAndContingencies_4A4F6B1F276B76EA9F1DDA0AEBD83AF1" xlink:type="arc" />
    <link:label id="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_526AE69469D7A6BFC79FDA0AEBD899BB_verboseLabel_en-US" xlink:label="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_526AE69469D7A6BFC79FDA0AEBD899BB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Non-controlling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_526AE69469D7A6BFC79FDA0AEBD899BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_526AE69469D7A6BFC79FDA0AEBD899BB" xlink:to="lab_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_526AE69469D7A6BFC79FDA0AEBD899BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_86A3A928A8DF3BEC1302DA0AEBD88A40" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, value</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043" xlink:to="lab_us-gaap_CommonStockValue_232D6F89019B0B12C3D6DA0AEBD8C043" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid in capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE" xlink:to="lab_us-gaap_AdditionalPaidInCapital_7C8622E7D34044E6D89DDA0AEBD851FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated deficit</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_CC8F573E742F104BA072DA0AEBD87F69" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total stockholders' deficit, Medley Management Inc.</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F" xlink:to="lab_us-gaap_StockholdersEquity_747C1C27940BC58B90A9DA0AEBD8F88F" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:label id="lab_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0" xlink:to="lab_us-gaap_MinorityInterest_A6697CEA3C652AF451B8DA0AEBD86DB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deficit</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_07F67E17E61679095646DA0AEBD9E31E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities, redeemable non-controlling interests and equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_30A47A3E4202F1F2CE9ADA0AEBD9840F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_CC0A9EECBB27C8A66274E8F5E18837E7_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_CC0A9EECBB27C8A66274E8F5E18837E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_CC0A9EECBB27C8A66274E8F5E18837E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_CC0A9EECBB27C8A66274E8F5E18837E7" xlink:to="lab_us-gaap_IncomeTaxDisclosureAbstract_CC0A9EECBB27C8A66274E8F5E18837E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Net of Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C" xlink:to="lab_us-gaap_DeferredTaxAssetsNet_F44673C599CF7B886627E8F5E1888E3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective tax rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_F0F49A1301522B9D10C8E8F5E188339E" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax provision for discrete items associated with the forfeiture of RSUs</link:label>
    <link:label id="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-based Compensation Cost, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3" xlink:to="lab_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_D9E03342220A82F3D988E904E806F6D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense and penalties</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Penalties and Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:label="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1" xlink:to="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_F52331A0B12C4C4F8745E8F5E18884E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uncertain tax positions</link:label>
    <link:label id="lab_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964_label_en-US" xlink:label="lab_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability for Uncertain Tax Positions, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilityForUncertainTaxPositionsNoncurrent" xlink:label="loc_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964" xlink:to="lab_us-gaap_LiabilityForUncertainTaxPositionsNoncurrent_A9BB1A66557CEFB3AA76E8F5E1885964" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_9040F2F455E934F5F54DA6777BF53A45_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_9040F2F455E934F5F54DA6777BF53A45" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Senior Unsecured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfDebtTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDebtTableTextBlock_9040F2F455E934F5F54DA6777BF53A45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDebtTableTextBlock_9040F2F455E934F5F54DA6777BF53A45" xlink:to="lab_us-gaap_ScheduleOfDebtTableTextBlock_9040F2F455E934F5F54DA6777BF53A45" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of Accounts Payable, Accrued Expenses, and Other Liabilities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E" xlink:to="lab_us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_B97C616CCEB0F53B6700A63A902F972E" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19" xlink:to="lab_us-gaap_IncomeTaxDisclosureTextBlock_C0EDC0F618F89885F291A6325D073C19" xlink:type="arc" />
    <link:label id="lab_us-gaap_RisksAndUncertaintiesAbstract_9BC629E6359BF4CA94B6A63A8FEE3D54_label_en-US" xlink:label="lab_us-gaap_RisksAndUncertaintiesAbstract_9BC629E6359BF4CA94B6A63A8FEE3D54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks and Uncertainties [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="loc_us-gaap_RisksAndUncertaintiesAbstract_9BC629E6359BF4CA94B6A63A8FEE3D54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RisksAndUncertaintiesAbstract_9BC629E6359BF4CA94B6A63A8FEE3D54" xlink:to="lab_us-gaap_RisksAndUncertaintiesAbstract_9BC629E6359BF4CA94B6A63A8FEE3D54" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market and Other Risk Factors</link:label>
    <link:label id="lab_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:label="loc_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748" xlink:to="lab_us-gaap_ConcentrationRiskDisclosureTextBlock_74F899C6FDB08B6BAD10A63A8FEEC748" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_25FDEB0E52340B614A50A63A904CE3D1_label_en-US" xlink:label="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_25FDEB0E52340B614A50A63A904CE3D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="loc_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_25FDEB0E52340B614A50A63A904CE3D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_25FDEB0E52340B614A50A63A904CE3D1" xlink:to="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_25FDEB0E52340B614A50A63A904CE3D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F_label_en-US" xlink:label="lab_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F" xlink:to="lab_us-gaap_OtherAssetsDisclosureTextBlock_D2A54739476EF103560FA63A904DED0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fixed assets, net of accumulated depreciation of $2,053 and $1,816, respectively</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_16475B2BAB5A335EAE07B0EE45436C48" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8_verboseLabel_en-US" xlink:label="lab_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Security deposits</link:label>
    <link:label id="lab_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8_label_en-US" xlink:label="lab_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Deposit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SecurityDeposit" xlink:label="loc_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8" xlink:to="lab_us-gaap_SecurityDeposit_8C140DEBF7344FA56ADFB0EE454346A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_1674BC3FB49991EAA34BB0EE4543E820_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_1674BC3FB49991EAA34BB0EE4543E820" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Administrative fees receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedFeesAndOtherRevenueReceivable" xlink:label="loc_us-gaap_AccruedFeesAndOtherRevenueReceivable_1674BC3FB49991EAA34BB0EE4543E820" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedFeesAndOtherRevenueReceivable_1674BC3FB49991EAA34BB0EE4543E820" xlink:to="lab_us-gaap_AccruedFeesAndOtherRevenueReceivable_1674BC3FB49991EAA34BB0EE4543E820" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0_verboseLabel_en-US" xlink:label="lab_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Due from affiliates</link:label>
    <link:label id="lab_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0_label_en-US" xlink:label="lab_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due from Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DueFromAffiliates" xlink:label="loc_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0" xlink:to="lab_us-gaap_DueFromAffiliates_733B9B0D7ECDBCFE2DF1B0EE454310F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses and taxes</link:label>
    <link:label id="lab_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4_label_en-US" xlink:label="lab_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Prepaid Expense, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherPrepaidExpenseCurrent" xlink:label="loc_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4" xlink:to="lab_us-gaap_OtherPrepaidExpenseCurrent_2248A52829600036B488B0EE454371E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D_label_en-US" xlink:label="lab_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D" xlink:to="lab_us-gaap_OtherReceivables_F86AE181092697A84F59B0EE4543038D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_45E28B164B580CF8C463B0EE45435646_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_45E28B164B580CF8C463B0EE45435646" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_45E28B164B580CF8C463B0EE45435646" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_45E28B164B580CF8C463B0EE45435646" xlink:to="lab_us-gaap_OtherAssets_45E28B164B580CF8C463B0EE45435646" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant, and Equipment, Owned, Accumulated Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation_0E7E7EF46FAB6BA58A8DB0EE454391D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_E5581931A589CEC9536CF36281788EDD_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_E5581931A589CEC9536CF36281788EDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_E5581931A589CEC9536CF36281788EDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_E5581931A589CEC9536CF36281788EDD" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_E5581931A589CEC9536CF36281788EDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_A0F261BC372E33E0D726F36281791E05" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by (used in) operating activities:</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_B1CD106FABE49D34BBCDF3628179332D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA" xlink:to="lab_us-gaap_ShareBasedCompensation_8B8A14563C45AC622AC4F3628179C2DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of debt issuance costs</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Financing Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts_95BF994D2C2B92C4AB4DF3628179E864" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E_terseLabel_en-US" xlink:label="lab_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accretion of debt discount</link:label>
    <link:label id="lab_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E_label_en-US" xlink:label="lab_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accretion Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccretionExpense" xlink:label="loc_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E" xlink:to="lab_us-gaap_AccretionExpense_28239CF26F4A54654811F3628179BB6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for (benefit from) deferred taxes</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Taxes and Tax Credits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxesAndTaxCredits" xlink:label="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638" xlink:to="lab_us-gaap_DeferredIncomeTaxesAndTaxCredits_39BB3812CDE69370EFD5F3628179D638" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867_label_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization, Nonproduction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867" xlink:to="lab_us-gaap_DepreciationAndAmortization_1BD44B591A0E95D8C9B8F3628179A867" xlink:type="arc" />
    <link:label id="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA_negatedLabel_en-US" xlink:label="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net change in unrealized depreciation on investments</link:label>
    <link:label id="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA_label_en-US" xlink:label="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Change In Unrealized AppreciationOrDepreciation On Investments</link:label>
    <link:label id="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA_documentation_en-US" xlink:label="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net change in unrealized appreciation on investments during the reporting period.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments" xlink:label="loc_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA" xlink:to="lab_mdly_NetChangeInUnrealizedAppreciationordepreciationOnInvestments_26BC7C91F2A1A8DEB893F362817960CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from equity method investments</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_819603CF3612708EB143F36281791C1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958_verboseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of cumulative dividends paid on forfeited restricted stock units</link:label>
    <link:label id="lab_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958_label_en-US" xlink:label="lab_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Award, Forfeitures, Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestrictedStockAwardForfeituresDividends" xlink:label="loc_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958" xlink:to="lab_us-gaap_RestrictedStockAwardForfeituresDividends_C7CBAD43066480046049F36281799958" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other non-cash amounts</link:label>
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncash Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD" xlink:to="lab_us-gaap_OtherNoncashIncomeExpense_8895981E0BA299FCBCF5F362817A05BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in operating assets and liabilities:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_7762FB7F9A7F3327B9DEF362817AEF22" xlink:type="arc" />
    <link:label id="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238_negatedLabel_en-US" xlink:label="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Management fees receivable</link:label>
    <link:label id="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238_label_en-US" xlink:label="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">(Increase) Decrease in Management Fees Receivable</link:label>
    <link:label id="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238_documentation_en-US" xlink:label="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) during the reporting period in receivables arising from management fees.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_IncreaseDecreaseInManagementFeesReceivable" xlink:label="loc_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238" xlink:to="lab_mdly_IncreaseDecreaseInManagementFeesReceivable_5F27098E4E29E4C647C7F362817A5238" xlink:type="arc" />
    <link:label id="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2_terseLabel_en-US" xlink:label="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance fees receivable</link:label>
    <link:label id="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2_label_en-US" xlink:label="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Performance Fees Receivable</link:label>
    <link:label id="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2_documentation_en-US" xlink:label="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Performance Fees Receivable</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_IncreaseDecreaseinPerformanceFeesReceivable" xlink:label="loc_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2" xlink:to="lab_mdly_IncreaseDecreaseinPerformanceFeesReceivable_F1ADDE63505E4CC0C96EF36AC4D552B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_54312044718BC8CFC947F362817A50BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable, accrued expenses and other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A68CEE5F95E05934E12FF362817A8094" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities, Continuing Operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_CEFA856658429AD64869F362817A7E92" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_95D53BDFC5BEC13BD47CF362817A13D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of fixed assets</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_15BABEF5F6F8A4A64191F362817A1673" xlink:type="arc" />
    <link:label id="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB_verboseLabel_en-US" xlink:label="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Distributions received from equity method investments</link:label>
    <link:label id="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB_label_en-US" xlink:label="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Distributions, Equity Method Investments</link:label>
    <link:label id="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB_documentation_en-US" xlink:label="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Distributions, Equity Method Investments</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ProceedsFromDistributionsEquityMethodInvestments" xlink:label="loc_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB" xlink:to="lab_mdly_ProceedsFromDistributionsEquityMethodInvestments_4BA3664E3C506ADC2ACEF362817AE6CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_E6BEC98C3875F780E91BF362817A296D_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_E6BEC98C3875F780E91BF362817A296D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of available-for-sale securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_E6BEC98C3875F780E91BF362817A296D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_E6BEC98C3875F780E91BF362817A296D" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_E6BEC98C3875F780E91BF362817A296D" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities, Continuing Operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_DCF2EC86859E15C1D602F362817AD5B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_924431BA8FE119126F54F362817ACFC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of loans payable</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_F00DC948EA2CEEE4EA7FF362817A9246" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of senior unsecured debt</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Senior Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1A9BB993652CB39A0152F362817A61F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Capital contributions from redeemable non-controlling interests</link:label>
    <link:label id="lab_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F" xlink:to="lab_us-gaap_ProceedsFromMinorityShareholders_8F5CE47916BDFF6D50CBF362817AD84F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfCapitalDistribution_7AA4F4F848DD8B2DD9E0F362817A00EF_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfCapitalDistribution_7AA4F4F848DD8B2DD9E0F362817A00EF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Distributions to members and redeemable non-controlling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfCapitalDistribution" xlink:label="loc_us-gaap_PaymentsOfCapitalDistribution_7AA4F4F848DD8B2DD9E0F362817A00EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfCapitalDistribution_7AA4F4F848DD8B2DD9E0F362817A00EF" xlink:to="lab_us-gaap_PaymentsOfCapitalDistribution_7AA4F4F848DD8B2DD9E0F362817A00EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt issuance costs</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Debt Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707" xlink:to="lab_us-gaap_PaymentsOfDebtIssuanceCosts_7288C0881236923653CFF362817B3707" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145" xlink:to="lab_us-gaap_PaymentsOfDividends_AD8357CBA1840CCCD212F362817B2145" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repurchases of Class A common stock</link:label>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_60EA9F983DD2F0B58DE3F362817BCC9E" xlink:type="arc" />
    <link:label id="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE_negatedLabel_en-US" xlink:label="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital contributions to equity method investments</link:label>
    <link:label id="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE_label_en-US" xlink:label="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contributions to Equity Method Investments</link:label>
    <link:label id="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE_documentation_en-US" xlink:label="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contributions to Equity Method Investments</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_ContributionsToEquityMethodInvestments" xlink:label="loc_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE" xlink:to="lab_mdly_ContributionsToEquityMethodInvestments_F09C6F24DEB726049C04F362817B6BFE" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities, Continuing Operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_A6ADE6DD8FC0D1141CDCF362818050DE" xlink:type="arc" />
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF_totalLabel_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net increase (decrease) in cash, cash equivalents and restricted cash equivalents</link:label>
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF_label_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect</link:label>
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF_documentation_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of increase (decrease) in cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; excluding effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF" xlink:to="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_E571FAFD0AAEFAFCAA9FF3628180D9EF" xlink:type="arc" />
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5_periodStartLabel_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash, cash equivalents and restricted cash equivalents, beginning of period</link:label>
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5_label_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents</link:label>
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5_documentation_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents" xlink:label="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5" xlink:to="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_5BA760BCB46663329413F36281806DD5" xlink:type="arc" />
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_DC35A8ECAA33A10B8D3FF36281806735_periodEndLabel_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_DC35A8ECAA33A10B8D3FF36281806735" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash, cash equivalents and restricted cash equivalents, end of period</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents" xlink:label="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_DC35A8ECAA33A10B8D3FF36281806735" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_DC35A8ECAA33A10B8D3FF36281806735" xlink:to="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_DC35A8ECAA33A10B8D3FF36281806735" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of cash, cash equivalents, and restricted cash equivalents reported on the condensed consolidated balance sheets to the total of such amounts reported on the condensed consolidated statements of cash flows</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffectAbstract_381F85781395838A3F42F36281809B2C" xlink:type="arc" />
    <link:label id="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_C461C98DE88CCD559319F3628180673E_totalLabel_en-US" xlink:label="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_C461C98DE88CCD559319F3628180673E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total cash, cash equivalents and restricted cash equivalents</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents" xlink:label="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_C461C98DE88CCD559319F3628180673E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_C461C98DE88CCD559319F3628180673E" xlink:to="lab_mdly_CashCashEquivalentsRestrictedCashandRestrictedCashEquivalents_C461C98DE88CCD559319F3628180673E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental cash flow information</link:label>
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A_label_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A" xlink:to="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_17828199C0AD5CFF3D4AF3628181883A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_55ED933F54A115B06287F362818109AF_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_55ED933F54A115B06287F362818109AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset impact on cumulative effect of accounting change due to the adoption of ASU 2016-09</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxAssetsNet" xlink:label="loc_us-gaap_DeferredIncomeTaxAssetsNet_55ED933F54A115B06287F362818109AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxAssetsNet_55ED933F54A115B06287F362818109AF" xlink:to="lab_us-gaap_DeferredIncomeTaxAssetsNet_55ED933F54A115B06287F362818109AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83_verboseLabel_en-US" xlink:label="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fixed assets</link:label>
    <link:label id="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83_label_en-US" xlink:label="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Expenditures Incurred but Not yet Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalExpendituresIncurredButNotYetPaid" xlink:label="loc_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83" xlink:to="lab_us-gaap_CapitalExpendituresIncurredButNotYetPaid_CD261E82BCB8AE980DD7F3628181DE83" xlink:type="arc" />
    <link:label id="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1_verboseLabel_en-US" xlink:label="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of redeemable non-controlling interest</link:label>
    <link:label id="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1_label_en-US" xlink:label="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Noncash Transaction, Reclassification from Permanent to Temporary Equity</link:label>
    <link:label id="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1_documentation_en-US" xlink:label="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Significant Noncash Transaction, Reclassification from Permanent to Temporary Equity</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity" xlink:label="loc_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1" xlink:to="lab_mdly_SignificantNoncashTransactionReclassificationFromPermanentToTemporaryEquity_D522AAD1077A9805AF2EF362818198F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592_terseLabel_en-US" xlink:label="lab_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Incentive fees</link:label>
    <link:label id="lab_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592_label_en-US" xlink:label="lab_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incentive Fee Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncentiveFeeExpense" xlink:label="loc_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592" xlink:to="lab_us-gaap_IncentiveFeeExpense_F918C69F13EDB72B6723A63A909D4592" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic and Diluted Income per Class A Share</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_400E591A4C44D66F977BA63A9011EA98" xlink:type="arc" />
    <link:label id="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6_terseLabel_en-US" xlink:label="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation Expense</link:label>
    <link:label id="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6_label_en-US" xlink:label="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation and Employee Benefit Plans [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CompensationAndEmployeeBenefitPlansTextBlock" xlink:label="loc_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6" xlink:to="lab_us-gaap_CompensationAndEmployeeBenefitPlansTextBlock_51A75161F16955942D1FA63A900570B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of Other Assets</link:label>
    <link:label id="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D_label_en-US" xlink:label="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D" xlink:to="lab_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_6C8E41CB46E912351C28A63A904B346D" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings (Loss) Per Class A Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_A5DF6CF4B6B702769302A63A90120D65" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_9E8F47412041D5EA7347B16D91015E1F_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_9E8F47412041D5EA7347B16D91015E1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_9E8F47412041D5EA7347B16D91015E1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_9E8F47412041D5EA7347B16D91015E1F" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_9E8F47412041D5EA7347B16D91015E1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5" xlink:to="lab_us-gaap_CommonStockMember_67AEC1F8E37ABA5F338BB16D91018EA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3_terseLabel_en-US" xlink:label="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income [Member]</link:label>
    <link:label id="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3_label_en-US" xlink:label="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCI Including Portion Attributable to Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember" xlink:label="loc_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3" xlink:to="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_5D0971EB5F2B759E8081B16D9101C6C3" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_0942560E446D13EAC781B16D91018548_verboseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_0942560E446D13EAC781B16D91018548" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Deficit [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_0942560E446D13EAC781B16D91018548" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_0942560E446D13EAC781B16D91018548" xlink:to="lab_us-gaap_RetainedEarningsMember_0942560E446D13EAC781B16D91018548" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4" xlink:to="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_65C34801508835648A6CB16D910220F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7EC99C99F5CF0C21D574B16D91020B36_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7EC99C99F5CF0C21D574B16D91020B36" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7EC99C99F5CF0C21D574B16D91020B36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7EC99C99F5CF0C21D574B16D91020B36" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7EC99C99F5CF0C21D574B16D91020B36" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance (in shares)</link:label>
    <link:label id="lab_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07_label_en-US" xlink:label="lab_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07" xlink:to="lab_us-gaap_SharesOutstanding_10EA0CD915E88ACAAD47B16D9102DF07" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_D1813B0B7674BF8B3827B16D9102247F_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_D1813B0B7674BF8B3827B16D9102247F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_D1813B0B7674BF8B3827B16D9102247F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_D1813B0B7674BF8B3827B16D9102247F" xlink:to="lab_us-gaap_ProfitLoss_D1813B0B7674BF8B3827B16D9102247F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F" xlink:to="lab_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_D886AB811E18C0803049B16D9102958F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_9B3DECFF99807E5EDFF4B16D9102AE11_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_9B3DECFF99807E5EDFF4B16D9102AE11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_9B3DECFF99807E5EDFF4B16D9102AE11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_9B3DECFF99807E5EDFF4B16D9102AE11" xlink:to="lab_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_9B3DECFF99807E5EDFF4B16D9102AE11" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_9406C7B217405334D514B16D9102D49B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C" xlink:to="lab_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest_B5484367032D7357F75AB16D9102E55C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1_verboseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1" xlink:to="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_602ADB6FADAEC8729E5AB16D91024AE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends on Class A common stock ($0.20 per share)</link:label>
    <link:label id="lab_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Common Stock, Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:label="loc_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB" xlink:to="lab_us-gaap_DividendsCommonStockCash_8BEECB9E15947EE41103B16D91035BBB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockAwardForfeituresDividends_80FA52FE575083A11EC9B16D9103B690_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockAwardForfeituresDividends_80FA52FE575083A11EC9B16D9103B690" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclass of cumulative dividends on forfeited RSUs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestrictedStockAwardForfeituresDividends" xlink:label="loc_us-gaap_RestrictedStockAwardForfeituresDividends_80FA52FE575083A11EC9B16D9103B690" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockAwardForfeituresDividends_80FA52FE575083A11EC9B16D9103B690" xlink:to="lab_us-gaap_RestrictedStockAwardForfeituresDividends_80FA52FE575083A11EC9B16D9103B690" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Issuance of Class A common stock related to vesting of restricted stock units (shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_E3DFC50DD3D20BCF2B36B16D9103144D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA_negatedLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repurchases of Class A common stock</link:label>
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchased During Period, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_3DC7083DED52A61085BAB16D910307CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0_negatedLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repurchase of Class A common stock (in shares)</link:label>
    <link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchased During Period, Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodShares_77C4657D39E117C301E7B16D91033EA0" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_03049D682004CD055DF9B16D9103396B_verboseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_03049D682004CD055DF9B16D9103396B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Contributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PartnersCapitalAccountContributions" xlink:label="loc_us-gaap_PartnersCapitalAccountContributions_03049D682004CD055DF9B16D9103396B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountContributions_03049D682004CD055DF9B16D9103396B" xlink:to="lab_us-gaap_PartnersCapitalAccountContributions_03049D682004CD055DF9B16D9103396B" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66_negatedLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Distributions</link:label>
    <link:label id="lab_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66_label_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PartnersCapitalAccountDistributions" xlink:label="loc_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66" xlink:to="lab_us-gaap_PartnersCapitalAccountDistributions_D9184B969D1FC4A4B5F2B16D9103CC66" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_854E17747ED72A7C9321B16D91034CCD_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_854E17747ED72A7C9321B16D91034CCD" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_854E17747ED72A7C9321B16D91034CCD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_854E17747ED72A7C9321B16D91034CCD" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_854E17747ED72A7C9321B16D91034CCD" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesOutstanding_6A833781642AD82FDA6DB16D91032D11_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_6A833781642AD82FDA6DB16D91032D11" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_6A833781642AD82FDA6DB16D91032D11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding_6A833781642AD82FDA6DB16D91032D11" xlink:to="lab_us-gaap_SharesOutstanding_6A833781642AD82FDA6DB16D91032D11" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transactions</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1" xlink:to="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_E66F58232D687C8E00E3A63A901BB7F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_F529CB52FA7AF16C697CF3627FEFF3A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772" xlink:to="lab_us-gaap_TitleOfIndividualAxis_10DACB43439CEE4AA863F3627FF08772" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B145BD97E6E8047D0A3CF3627FF06939" xlink:type="arc" />
    <link:label id="lab_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778_terseLabel_en-US" xlink:label="lab_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chief Executive Officer [Member]</link:label>
    <link:label id="lab_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778_label_en-US" xlink:label="lab_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chief Executive Officer [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ChiefExecutiveOfficerMember" xlink:label="loc_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778" xlink:to="lab_us-gaap_ChiefExecutiveOfficerMember_0CF258F0A3C7B42A0FACF3627FF07778" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8" xlink:to="lab_us-gaap_AwardTypeAxis_1A9DC06466E44B489571F3627FF0C1A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0CCE8811237A43AC22D1F3627FF0E5A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs) [Member]</link:label>
    <link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D_label_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="loc_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D" xlink:to="lab_us-gaap_RestrictedStockUnitsRSUMember_EB3F3DF5D944792F5E71F3627FF0642D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_4735F18C431CB8B56A33F3627FF03DD1" xlink:type="arc" />
    <link:label id="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5_terseLabel_en-US" xlink:label="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum aggregate compensation</link:label>
    <link:label id="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5_label_en-US" xlink:label="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Aggregate Compensation</link:label>
    <link:label id="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5_documentation_en-US" xlink:label="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Aggregate Compensation</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_MaximumAggregateCompensation" xlink:label="loc_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5" xlink:to="lab_mdly_MaximumAggregateCompensation_5D7A38E5F63ADD243AD5F3627FF584D5" xlink:type="arc" />
    <link:label id="lab_mdly_PerformanceFeeCompensation_7C614C1BE244CAD0D237F3627FF57F7F_terseLabel_en-US" xlink:label="lab_mdly_PerformanceFeeCompensation_7C614C1BE244CAD0D237F3627FF57F7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance fee compensation</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PerformanceFeeCompensation" xlink:label="loc_mdly_PerformanceFeeCompensation_7C614C1BE244CAD0D237F3627FF57F7F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PerformanceFeeCompensation_7C614C1BE244CAD0D237F3627FF57F7F" xlink:to="lab_mdly_PerformanceFeeCompensation_7C614C1BE244CAD0D237F3627FF57F7F" xlink:type="arc" />
    <link:label id="lab_mdly_PerformanceFeeCompensationPayable_091D84D5139A9487330DF3627FF677F1_terseLabel_en-US" xlink:label="lab_mdly_PerformanceFeeCompensationPayable_091D84D5139A9487330DF3627FF677F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance fee compensation payable</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PerformanceFeeCompensationPayable" xlink:label="loc_mdly_PerformanceFeeCompensationPayable_091D84D5139A9487330DF3627FF677F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PerformanceFeeCompensationPayable_091D84D5139A9487330DF3627FF677F1" xlink:to="lab_mdly_PerformanceFeeCompensationPayable_091D84D5139A9487330DF3627FF677F1" xlink:type="arc" />
    <link:label id="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC_terseLabel_en-US" xlink:label="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage vested from participants eligibility date</link:label>
    <link:label id="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC_label_en-US" xlink:label="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Vested From Participants Eligibility Date</link:label>
    <link:label id="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC_documentation_en-US" xlink:label="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage vested from participants eligibility date.</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_PercentageVestedFromParticipantsEligibilityDate" xlink:label="loc_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC" xlink:to="lab_mdly_PercentageVestedFromParticipantsEligibilityDate_92F767E0DF635D62AB5CF3627FF617AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions as a percent of employee eligible wages</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_BA3F55679AF6668A6640F3627FF6CFBB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued contributions</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Discretionary Contribution Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_1FD021DC37424EFC4152F3627FF677C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement plan liability</link:label>
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement and Postemployment Benefit Plans, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97" xlink:to="lab_us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrentAndNoncurrent_2B0FBCFC326234AE0354F364E3BC2F97" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares authorized for grant (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_C2CCD94CD091FC519BF0F3627FF66895" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Incentive Plan shares available for grant (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_80D726D543FCE5497610F3627FF6E47D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RSU vesting period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6F7A422DBC3415D84146F3627FF6FA01" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_8E31961F85A19996F065F3627FF67A1F_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_8E31961F85A19996F065F3627FF67A1F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation (less than in 2017)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_8E31961F85A19996F065F3627FF67A1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_8E31961F85A19996F065F3627FF67A1F" xlink:to="lab_us-gaap_ShareBasedCompensation_8E31961F85A19996F065F3627FF67A1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reversal of previously recognized compensation</link:label>
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_1CD8465E16978B8324CCF3627FF69790" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unvested RSU compensation cost not yet recognized</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6FFBAFEBFCD03D6F3DC4F3627FF68D6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognition period for unvested RSU compensation cost</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_253DEB27C6F07EBA1A7BF3627FF6F9E6" xlink:type="arc" />
    <link:label id="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6_terseLabel_en-US" xlink:label="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Suisse Term Loan Facility [Member]</link:label>
    <link:label id="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6_label_en-US" xlink:label="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Suisse Term Loan Facility [Member]</link:label>
    <link:label id="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6_documentation_en-US" xlink:label="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CreditSuisseTermLoanFacilityMember" xlink:label="loc_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6" xlink:to="lab_mdly_CreditSuisseTermLoanFacilityMember_EE3E279D3820D215CEB4ABF022D645C6" xlink:type="arc" />
    <link:label id="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC_terseLabel_en-US" xlink:label="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non Recourse Promissory Notes Due March 2019 [Member]</link:label>
    <link:label id="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC_label_en-US" xlink:label="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Recourse Promissory Notes Due March2019 [Member]</link:label>
    <link:label id="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC_documentation_en-US" xlink:label="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Recourse Promissory Notes Due March 2019 [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_NonRecoursePromissoryNotesDueMarch2019Member" xlink:label="loc_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC" xlink:to="lab_mdly_NonRecoursePromissoryNotesDueMarch2019Member_936FD43095AA61C9CEBFABF022D696AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C" xlink:to="lab_us-gaap_CreditFacilityAxis_CD5539138BB009695136ABF022D6C62C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0" xlink:to="lab_us-gaap_CreditFacilityDomain_8A765901622895B86428ABF022D691D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757_terseLabel_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility [Member]</link:label>
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757_label_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RevolvingCreditFacilityMember" xlink:label="loc_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757" xlink:to="lab_us-gaap_RevolvingCreditFacilityMember_F341CF1136BC145C9E4BABF022D67757" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063_label_en-US" xlink:label="lab_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063" xlink:to="lab_us-gaap_RangeAxis_1619CF3EF4026E1570CCABF022D6E063" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB_label_en-US" xlink:label="lab_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB" xlink:to="lab_us-gaap_RangeMember_2A125C5A9BFB42406BF4ABF022D6E9DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:label id="lab_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF_label_en-US" xlink:label="lab_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF" xlink:to="lab_us-gaap_MinimumMember_E4535FBC6D84CDC5320CABF022D6D0AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:label id="lab_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F_label_en-US" xlink:label="lab_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F" xlink:to="lab_us-gaap_MaximumMember_717C2E0B6D0AA88C97A5ABF022D6120F" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C" xlink:to="lab_us-gaap_VariableRateAxis_0D033BCE601C131CD69EABF022D6D18C" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F" xlink:to="lab_us-gaap_VariableRateDomain_F292D5678CE02A4EA757ABF022D7131F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_51052450AD312EF8F17AABF022D73260" xlink:type="arc" />
    <link:label id="lab_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Funds Effective Swap Rate [Member]</link:label>
    <link:label id="lab_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543_label_en-US" xlink:label="lab_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Funds Effective Swap Rate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FederalFundsEffectiveSwapRateMember" xlink:label="loc_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543" xlink:to="lab_us-gaap_FederalFundsEffectiveSwapRateMember_837E66701921A1F842AAABF022D7D543" xlink:type="arc" />
    <link:label id="lab_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F_terseLabel_en-US" xlink:label="lab_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
    <link:label id="lab_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F_label_en-US" xlink:label="lab_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eurodollar [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EurodollarMember" xlink:label="loc_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F" xlink:to="lab_us-gaap_EurodollarMember_31CF269204C5BD022AB0ABF022D7235F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208_terseLabel_en-US" xlink:label="lab_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Base Rate [Member]</link:label>
    <link:label id="lab_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208_label_en-US" xlink:label="lab_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Base Rate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BaseRateMember" xlink:label="loc_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208" xlink:to="lab_us-gaap_BaseRateMember_2B61DD62F75D4884DE5EABF022D70208" xlink:type="arc" />
    <link:label id="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6_terseLabel_en-US" xlink:label="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Alternate Base Rate [Member]</link:label>
    <link:label id="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6_label_en-US" xlink:label="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alternate Base Rate [Member]</link:label>
    <link:label id="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6_documentation_en-US" xlink:label="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Alternate Base Rate [Member].</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_AlternateBaseRateMember" xlink:label="loc_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6" xlink:to="lab_mdly_AlternateBaseRateMember_1A35E3B878DC1F9AF9C8ABF022D79EC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance date</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Issuance Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentIssuanceDate1" xlink:label="loc_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F" xlink:to="lab_us-gaap_DebtInstrumentIssuanceDate1_D995AA1F84C4823F8B64ABF022D77F0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity date</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Maturity Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD" xlink:to="lab_us-gaap_DebtInstrumentMaturityDate_FE557C082BF90544A289ABF022D752FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Spread on interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_8CEFB207AE7F6C6E4167ABF022D76325" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate during the period</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate During Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentInterestRateDuringPeriod" xlink:label="loc_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1" xlink:to="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_1FF9103046F3B6BEAE26ABF022DCCCC1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initiation date</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Initiation Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityInitiationDate1" xlink:label="loc_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE" xlink:to="lab_us-gaap_LineOfCreditFacilityInitiationDate1_EDB07B3ED3DE2E49AA74ABF022DD61CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount drawn under credit facility</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Amount Outstanding During Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_0BA9302411BA3153DBA8ABF022D7A2D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8_terseLabel_en-US" xlink:label="lab_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ratio of indebtedness to net capital</link:label>
    <link:label id="lab_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8_label_en-US" xlink:label="lab_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ratio of Indebtedness to Net Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RatioOfIndebtednessToNetCapital1" xlink:label="loc_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8" xlink:to="lab_us-gaap_RatioOfIndebtednessToNetCapital1_295A751B212A7639B018ABF022DD05A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8_terseLabel_en-US" xlink:label="lab_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares of common stock purchased (in shares)</link:label>
    <link:label id="lab_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8_label_en-US" xlink:label="lab_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale of Stock, Number of Shares Issued in Transaction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction" xlink:label="loc_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8" xlink:to="lab_us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_F58697A29D9570D42D71ABF022DDCEF8" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066_terseLabel_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized debt issuance expense</link:label>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066_label_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066" xlink:to="lab_us-gaap_UnamortizedDebtIssuanceExpense_21705BE18534264357F7ABF022DDE066" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future principal payments due in 2019</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_7C5B8191DDEA7869FD26ABF022DD21A8" xlink:type="arc" />
    <link:label id="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4_terseLabel_en-US" xlink:label="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Agreement Type [Axis]</link:label>
    <link:label id="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4_label_en-US" xlink:label="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Agreement Type [Axis]</link:label>
    <link:label id="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4_documentation_en-US" xlink:label="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_AgreementTypeAxis" xlink:label="loc_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4" xlink:to="lab_mdly_AgreementTypeAxis_B2276107E3C2BA8EB3B2F838D89F53C4" xlink:type="arc" />
    <link:label id="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066_terseLabel_en-US" xlink:label="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Agreement Type [Domain]</link:label>
    <link:label id="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066_label_en-US" xlink:label="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Agreement Type [Domain]</link:label>
    <link:label id="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066_documentation_en-US" xlink:label="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_AgreementTypeDomain" xlink:label="loc_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066" xlink:to="lab_mdly_AgreementTypeDomain_0C98947BA2442DEFBDE7F838D89FF066" xlink:type="arc" />
    <link:label id="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6_terseLabel_en-US" xlink:label="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CNB Credit Agreement [Member]</link:label>
    <link:label id="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6_label_en-US" xlink:label="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cnb Credit Agreement [Member]</link:label>
    <link:label id="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6_documentation_en-US" xlink:label="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="mdly-20170331.xsd#mdly_CnbCreditAgreementMember" xlink:label="loc_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6" xlink:to="lab_mdly_CnbCreditAgreementMember_47AF2C63D92E244F83B5F838D89F72F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_A4B2F1EFC3F397953C92F838D89F2F40_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_A4B2F1EFC3F397953C92F838D89F2F40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_A4B2F1EFC3F397953C92F838D89F2F40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_A4B2F1EFC3F397953C92F838D89F2F40" xlink:to="lab_us-gaap_LongTermDebt_A4B2F1EFC3F397953C92F838D89F2F40" xlink:type="arc" />
    <link:label id="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D_terseLabel_en-US" xlink:label="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument, unamortized discount and debt issuance costs</link:label>
    <link:label id="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D_label_en-US" xlink:label="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net</link:label>
    <link:label id="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D_documentation_en-US" xlink:label="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet" xlink:label="loc_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D" xlink:to="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_E24F903FB440380817CDF838D89F168D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized discount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedDiscount_653248EFDA16B365CF2CF86E3DFEB44A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future Minimum Rental Payments</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A" xlink:to="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_D24047519773CFD19A44A63A90272B7A" xlink:type="arc" />
    <link:label id="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_7F6245C6E479F7592C70F8B053B87754_verboseLabel_en-US" xlink:label="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_7F6245C6E479F7592C70F8B053B87754" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Discount and direct issuance costs</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet" xlink:label="loc_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_7F6245C6E479F7592C70F8B053B87754" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_7F6245C6E479F7592C70F8B053B87754" xlink:to="lab_mdly_DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet_7F6245C6E479F7592C70F8B053B87754" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_AFCE920B1B1CC0A131E1A63A90513765_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_AFCE920B1B1CC0A131E1A63A90513765" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_AFCE920B1B1CC0A131E1A63A90513765" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_AFCE920B1B1CC0A131E1A63A90513765" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract_AFCE920B1B1CC0A131E1A63A90513765" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_F303C85280B0740451FFA63A90511169" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="loc_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2" xlink:to="lab_us-gaap_SubsequentEventTable_2DF30CB92041D5FD5D83C9E4216A89B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3" xlink:to="lab_us-gaap_SubsequentEventTypeAxis_2F363B3479031F12F626C9E4216B0CA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_AAEEDA5CE61172A9FA5DC9E4216B3C8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982" xlink:to="lab_us-gaap_SubsequentEventMember_AC1C365AED8FD0080662C9E4216B1982" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71_label_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="loc_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71" xlink:to="lab_us-gaap_SubsequentEventLineItems_C70049611E603894011EC9E4216B8C71" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE_label_en-US" xlink:label="lab_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable, Amount Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DividendsPayableAmountPerShare" xlink:label="loc_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE" xlink:to="lab_us-gaap_DividendsPayableAmountPerShare_3B8D207E27F8BCCB31AFC9E4216BDEFE" xlink:type="arc" />
    <link:label id="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F_terseLabel_en-US" xlink:label="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs), LLC [Member]</link:label>
    <link:label id="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F_label_en-US" xlink:label="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs), LLC [Member]</link:label>
    <link:label id="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F_documentation_en-US" xlink:label="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Stock Units (RSUs), LLC [Member]</link:label>
    <link:loc xlink:href="mdly-20170331.xsd#mdly_RestrictedStockUnitsRSUsLLCMember" xlink:label="loc_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F" xlink:to="lab_mdly_RestrictedStockUnitsRSUsLLCMember_D263483FC6C058E4464EF3627FDEE42F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Number of RSUs</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_EFABA5DCD85CCAD7F27DF3627FDEFCB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning Balance (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_E1767D533C9B90920B22F3627FDE6138" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Granted (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_BC6376CD9DFF5D432CF7F3627FDE3A17" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_EFE1B29D39BF64748566F3627FDE1130" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Vested (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_7FD63E4F3C7D510986FAF3627FDED82A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_91B1B115AD43A04A7DB6F3627FDEC38A_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_91B1B115AD43A04A7DB6F3627FDEC38A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending Balance (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_91B1B115AD43A04A7DB6F3627FDEC38A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_91B1B115AD43A04A7DB6F3627FDEC38A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_91B1B115AD43A04A7DB6F3627FDEC38A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Grant Date Fair Value</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_E074F952EA1983AE274CF3627FDE2183" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning Balance (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_10047146F6E4BAF70FEFF3627FDE1FE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_E99E4BA53EB12C1EFEAFF3627FDE33FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_7E96E1266A02E1602265F3627FDEDDED" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Vested (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_FD33A341D0CED3C657D3F3627FDE5291" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DFAFD2080D600E73BBA5F3627FDF928D_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DFAFD2080D600E73BBA5F3627FDF928D" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending Balance (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DFAFD2080D600E73BBA5F3627FDF928D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DFAFD2080D600E73BBA5F3627FDF928D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DFAFD2080D600E73BBA5F3627FDF928D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization and Basis of Presentation</link:label>
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_3B59309E3F5B60AE3E78A63A907377ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_BA463C3FE2B5BE2D840BABF02329E870" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_0CDFC0E4688AE6C5A7A6ABF02329C357" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_05485FB4A53C48A8AFF1ABF02329BF23" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level II [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_992ED2BF4AC5EECACD6DABF02329539C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level III [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_42E47090BE96FCB2D251ABF023292A6A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_8D4A0A8D20E88DCCC301ABF0232935C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Instruments classified as Level II or Level III</link:label>
    <link:label id="lab_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0_label_en-US" xlink:label="lab_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Asset (Liability)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueNetAssetLiability" xlink:label="loc_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0" xlink:to="lab_us-gaap_FairValueNetAssetLiability_6B4789223D10682AC8C1ABF023292CA0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1 to Level 2 Transfers</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets, Level 1 to Level 2 Transfers, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount" xlink:label="loc_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552" xlink:to="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_CF774C16E7DF8923604BABF023292552" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2 to Level 1 Transfers</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets, Level 2 to Level 1 Transfers, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount" xlink:label="loc_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9" xlink:to="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_4EDA1E118D5973949F48ABF0232A5AA9" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
