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BUSINESS INFORMATION
 3 Months Ended
Mar. 31, 2014
BUSINESS INFORMATION  
BUSINESS INFORMATION

12. BUSINESS INFORMATION

        The Company's activities as an investment banking advisory firm constitute a single business segment offering clients, including corporations, governments and financial sponsors, a range of advisory services with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.

        We do not allocate our revenue by the type of advice we provide because of the complexity of the transactions on which we may earn revenue and our comprehensive approach to client service. For example, a restructuring engagement may evolve to require a sale of all or a portion of the client, M&A assignments can develop from relationships established on prior restructuring engagements and capital markets expertise can be instrumental on both M&A and restructuring assignments.

        For the three months ended March 31, 2014, there was one client that accounted for approximately 19% of revenues. There were no other clients that accounted for more than 10% of revenues for the three months ended March 31, 2014 or 2013. Since the financial markets are global in nature, the Company generally manages its business based on the operating results of the enterprise taken as whole, not by geographic region. The following table sets forth the geographical distribution of revenues and assets based on the location of the office that generates the revenues or holds the assets, and therefore may not be reflective of the geography in which our clients are located.

 
   For the Three Months
Ended March 31,		  
 
   2014   2013  

Revenues:

              

United States

   $ 97,905   $ 51,387  

Rest of World

     16,612     8,458  
           
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Total

   $ 114,517   $ 59,845  
           
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   March 31,
2014		   December 31,
2013		  

Assets:

              

United States

   $ 278,088   $ 359,072  

Rest of World

     72,347     84,391  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 350,435   $ 443,463  
           
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