XML 33 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
Related Parties
12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Related Parties Related Parties
Advisory Fees includes fees earned from clients that have the Company's Senior Managing Directors, certain Senior Advisors and executives as a member of their Board of Directors of $2,932, $5,494 and $11,680 for the years ended December 31, 2024, 2023 and 2022, respectively.
Other Assets on the Consolidated Statements of Financial Condition includes the long-term portion of loans receivable from certain employees of $29,357 and $21,186 as of December 31, 2024 and 2023, respectively. See Note 18 for further information.
Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2024 and 2023:
 December 31,
 20242023
Advances to Employees$33,378 $25,364 
Personal Expenses Paid on Behalf of Employees and Related Parties42 59 
Other146 323 
Receivable from Employees and Related Parties$33,566 $25,746 
Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2024 and 2023:
 December 31,
 20242023
Amounts Due to U.K. Members$37,101 $32,618 
Amounts Due Pursuant to Tax Receivable Agreements(1)
10,423 10,522 
Amounts Due to Employees for the Sale of Outstanding Class R Interests of Private Capital Advisory L.P.(2)
— 2,023 
Other970 675 
Payable to Employees and Related Parties$48,494 $45,838 
(1)Reflects the current portion due related to the Member exchange of Class A LP Units for Class A Shares. The long-term portion of $52,968 and $52,813 is included within Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2024 and 2023, respectively.
(2)Reflects the current portion of contingent cash consideration due to employees of the Real Estate Capital Advisory ("RECA") business for the sale of Class R Interests of Private Capital Advisory L.P. See Note 16 for further information.