The following table reconciles revenues recognized from contracts with customers to Total Revenues in the Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2019 and 2018:

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Advisory Fees	$	133,035	$	98,294	$	237,502	$	201,757
Placement Fees		28,695		28,132		52,007		54,252
Interest Income from Placement Fees		927		1,015		2,093		2,420
Reimbursable Expenses		1,582		2,098		2,866		4,366
Revenues from Contracts with Customers		164,239		129,539		294,468		262,795
Sublease Income and Other		2,465		1,131		292		1,917
Total Revenues	$	166,704	$	130,670	$	294,760	$	264,712

As of June 30, 2019, the aggregate amount of the transaction price allocated to performance obligations yet to be satisfied was $12.8 million and the Company generally expects to recognize this revenue within the next twelve months. Such amounts relate to the Company’s performance obligations of providing capital advisory services and standing ready to perform.

The Company recognized revenue of $4.6 million and $9.2 million for the three and six months ended June 30, 2019, respectively, and $5.9 million and $12.1 million for the three and six months ended June 30, 2018, respectively, related to performance obligations that were fully satisfied in prior periods, primarily due to constraints on variable consideration in prior periods being resolved. Such amounts related primarily to the provision of capital advisory services. The majority of Fee Revenue recognized by the Company during the three and six months ended June 30, 2019 and 2018 was predominantly related to performance obligations that were partially satisfied in prior periods.

There were no significant impairments related to contract balances during the three and six months ended June 30, 2019 and 2018.

The beginning and ending balances of Deferred Revenue are included in the Condensed Consolidated Statements of Financial Condition. For the six months ended June 30, 2019 and 2018, $7.4 million and $1.3 million, respectively, of revenue was recognized that was included in the beginning balance of Deferred Revenue, primarily related to the Company’s performance obligation of standing ready to perform. In certain contracts, the Company receives customer deposits, which are also considered to be contract liabilities. As of June 30, 2019 and December 31, 2018, the Company recorded $1.4 million and $1.1 million, respectively, of customer deposits in Accounts Payable, Accrued Expenses and Other Liabilities in the Condensed Consolidated Statements of Financial Condition.