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Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2019
Fair Value Disclosures [Abstract] |
Schedule of Carrying and Estimated Fair Value of Other Financial Instruments | The following table presents the carrying amounts and estimated fair values of our other financial instruments by hierarchy level as of December 31, 2019 and 2018.
| December 31, 2019
|  |  | Hierarchy Level (Fair Value)
| Carrying Amount |  | Level 1 |  | Level 2 |  | Level 3
Liabilities |  |  |  |  |  |  |
Acquisition-related contingent consideration, including current portion (1) (2) | $ | 14,826 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,826 |
Long-term debt (3) | 275,609 |  |  | — |  |  | 398,016 |  |  | — |
Total | $ | 290,435 |  |  | $ | — |  |  | $ | 398,016 |  |  | $ | 14,826 |
| December 31, 2018
|  |  | Hierarchy Level (Fair Value)
| Carrying Amount |  | Level 1 |  | Level 2 |  | Level 3
Liabilities |  |  |  |  |  |  |
Acquisition-related contingent consideration, including current portion (1) | $ | 3,698 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,698 |
Long-term debt (3) | 265,571 |  |  | — |  |  | 291,837 |  |  | — |
Total | $ | 269,269 |  |  | $ | — |  |  | $ | 291,837 |  |  | $ | 3,698 |
(1) | The short-term portion is included in “Accounts payable, accrued expenses and other,” and the long-term portion is included in “Other liabilities” on the Consolidated Balance Sheets.
(2) | During the year ended December 31, 2019, we acquired a restructuring business that was assigned to the Corporate Finance segment.
(3) The carrying values include unamortized deferred debt issue costs and debt discount.
Schedule of Acquisition-Related Contingent Consideration | The change in our liability for acquisition-related contingent consideration for our Level 3 financial instruments is as follows:
| Liability for Acquisition-Related Contingent Consideration
Balance at December 31, 2016 | $ | 5,692 |
Additions (1) | 3,426 |
Accretion for time value of money (2) | 1,589 |
Remeasurement gain (3) | 702 |
Payments | (5,161 | )
Transfer out | (2,498 | )
Balance at December 31, 2017 | $ | 3,750 |
Accretion for time value of money (2) | 479 |
Payments | (531 | )
Balance at December 31, 2018 | $ | 3,698 |
Additions (1) | 9,746 |
Accretion for time value of money (2) | 2,372 |
Payments | (1,000 | )
Foreign currency translation adjustment (4) | 10 |
Balance at December 31, 2019 | $ | 14,826 |
(1) | We acquired restructuring businesses that were assigned to the Corporate Finance segment during the years ended December 31, 2017 and 2019.
(2) | Accretion for the time value of money is included in "Selling, general and administrative expenses" on the Consolidated Statements of Comprehensive Income.
(3) | Remeasurement gain or loss resulting from a change in the fair value of an acquisition's contingent consideration liability is recorded in “Selling, general and administrative expenses” on the Consolidated Statements of Comprehensive Income.
(4) Foreign currency translation adjustments are included in "Other comprehensive income (loss), net of tax" on the Consolidated Statements of Comprehensive Income.

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
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