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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents   $ 221,781
Accounts receivable, net $ 84,499 74,132
Furniture, equipment and leasehold improvements, net 14,488 18,150
Intangible assets, net 280,264 310,391
Goodwill 290,366 290,366
Deferred taxes, net 9,538 15,879
Total assets 3,466,943 3,204,634
Liabilities:    
Accrued compensation and benefits 122,514 101,377
Accounts payable and accrued liabilities 25,357 23,308
Dividends payable 9,013 8,915
Other liabilities 36,120 40,507
Total liabilities 2,630,490 2,454,532
Commitments and Contingencies (Note 11)
Redeemable noncontrolling interests 115,513 63,845
Equity attributable to stockholders:    
Series D mandatory convertible preferred stock, $0.01 par value, 0 and 1,150,000 shares authorized, issued and outstanding at December 31, 2020 and December 31, 2019 0 110,843
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 11,790,869 shares issued and 7,583,466 shares outstanding at December 31, 2020 and 10,736,887 shares issued and 6,809,280 shares outstanding at December 31, 2019 118 107
Additional paid-in capital 1,298,002 1,199,205
Retained earnings (accumulated deficit) (135,259) (215,216)
Accumulated other comprehensive income (loss) 29 9
Treasury stock, at cost, 4,207,403 and 3,927,607 shares at December 31, 2020 and December 31, 2019, respectively (451,749) (419,249)
Total equity attributable to stockholders 711,141 675,699
Noncontrolling interests 9,799 10,558
Total equity 720,940 686,257
Total liabilities and equity 3,466,943 3,204,634
Consolidated entity excluding consolidated investment products    
Assets:    
Cash and cash equivalents 246,511 221,781
Investments 64,944 83,206
Other assets 36,288 36,849
Liabilities:    
Debt 201,212 277,839
CIP    
Assets:    
Cash and cash equivalents 86,980 99,691
Investments 2,333,277 2,030,110
Cash pledged or on deposit of CIP 6,358 467
Other assets 13,430 23,612
Liabilities:    
Notes payable of CIP 2,190,445 1,834,535
Securities purchased payable and other liabilities of CIP 45,829 168,051
Redeemable noncontrolling interests $ 115,513 $ 63,845