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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Cash and cash equivalents   $ 201,705
Accounts receivable, net $ 74,132 70,047
Furniture, equipment and leasehold improvements, net 18,150 20,154
Intangible assets, net 310,391 338,812
Goodwill 290,366 290,366
Deferred taxes, net 15,879 22,116
Total assets 3,204,634 2,870,535
Liabilities:    
Accrued compensation and benefits 101,377 93,339
Accounts payable and accrued liabilities 23,308 27,926
Dividends payable 8,915 7,762
Other liabilities 40,507 20,010
Total liabilities 2,454,532 2,169,187
Commitments and Contingencies (Note 12)
Redeemable noncontrolling interests 63,845 57,481
Equity attributable to stockholders:    
Series D mandatory convertible preferred stock, $0.01 par value, 1,150,000 shares authorized, issued and outstanding at December 31, 2019 and December 31, 2018 110,843 110,843
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 10,736,887 shares issued and 6,809,280 shares outstanding at December 31, 2019 and 10,552,624 shares issued and 6,997,382 shares outstanding at December 31, 2018 107 106
Additional paid-in capital 1,199,205 1,209,805
Retained earnings (accumulated deficit) (215,216) (310,865)
Accumulated other comprehensive income (loss) 9 (731)
Treasury stock, at cost, 3,927,607 and 3,555,242 shares at December 31, 2019 and December 31, 2018, respectively (419,249) (379,249)
Total equity attributable to stockholders 675,699 629,909
Noncontrolling interests 10,558 13,958
Total equity 686,257 643,867
Total liabilities and equity 3,204,634 2,870,535
Consolidated entity excluding consolidated investment products    
Assets:    
Cash and cash equivalents 221,781 201,705
Investments 83,206 79,558
Other assets 36,849 14,201
Liabilities:    
Debt 277,839 329,184
Consolidated investment products    
Assets:    
Cash and cash equivalents 99,691 52,015
Investments 2,030,110 1,749,568
Cash pledged or on deposit of CIP 467 936
Other assets 23,612 31,057
Liabilities:    
Notes payable of CIP 1,834,535 1,620,260
Securities purchased payable and other liabilities of CIP 168,051 70,706
Redeemable noncontrolling interests $ 63,845 $ 57,481