Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 178,132	$ 210,070
Investments	1,991
Accounts receivable	17,282	27,576
Other current assets	4,142	2,899
Total current assets	201,547	240,545
Fixed assets, net	11,790	11,974
Investments	14,238	23,689
Deferred tax asset, net	6,662	14,071
Goodwill	3,475	1,676
Intangible asset	9,953
Other noncurrent assets	787	738
Total assets	248,452	292,693
Current liabilities:
Fund management and administration payable	13,375	12,971
Compensation and benefits payable	9,065	28,060
Income taxes payable	5,342	3,024
Acquisition payable	3,697
Accounts payable and other liabilities	6,160	5,039
Total current liabilities	37,639	49,094
Acquisition payable		3,942
Deferred rent payable	4,957	5,155
Total liabilities	42,596	58,191
Commitments and Contingencies (See Note 7)
Stockholders' equity:
Preferred stock, par value $0.01; 2,000 shares authorized
Common stock, par value $0.01; 250,000 shares authorized; issued and outstanding: 136,424 and 138,415, at September 30, 2016 and December 31, 2015, respectively	1,364	1,384
Additional paid-in capital	237,378	257,960
Accumulated other comprehensive income/(loss)	900	(126)
Accumulated deficit	(33,786)	(24,716)
Total stockholders' equity	205,856	234,502
Total liabilities and stockholders' equity	$ 248,452	$ 292,693