Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Reportable Segment Information

Information concerning these reportable segments are as follows:

	Three Months Ended March 31,
	2019			2018
U.S. Business Segment
Operating revenues
Advisory fees	$	42,517		$	55,518
Other income		106			147
Total operating revenues	$	42,623		$	55,665
Total operating expenses	$	(37,176	)	$	(39,030	)
Other income/(expenses)
Interest expense	$	(192	)	$	—
Interest income		779			962
Impairment		(572	)		—
Other gains/(losses), net		145			(226	)
Total other income/(expenses)	$	160		$	736
Total income before taxes (U.S. Business Segment)	$	5,607		$	17,371
International Business Segment (1)
Operating revenues
Advisory fees	$	22,323		$	2,938
Other income		539			301
Total operating revenues	$	22,862		$	3,239
Total operating expenses	$	(17,626	)	$	(6,653	)
Other income/(expenses)
Interest expense	$	(2,700	)	$	—
Gain on revaluation of deferred consideration		4,404			—
Other losses, net		(4,772	)		(35	)
Total other income/(expenses)	$	(3,068	)	$	(35	)
Total income/(loss) before taxes (International Business Segment)	$	2,168		$	(3,449	)
Income/(loss) before taxes
U.S. Business segment	$	5,607		$	17,371
International Business segment		2,168			(3,449	)
Total income before taxes	$	7,775		$	13,922

Assets are not reported by segment as such information is not utilized by the chief operating decision maker.

(1) The financial results of ETFS are included in the International Business reportable segment as of April 11, 2018.