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Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment's Contribution with Respect to Net Revenue, Operating Expenses, Operating Income (Loss) and Total Assets

Management evaluates segment results based on net revenue and operating income (loss) and believes that the following information provides a reasonable representation of each segment’s contribution with respect to net revenue, operating income (loss) and total assets:

				As of or for the Year Ended December 31,
				2022				2021				2020
Financial Advisory		Net Revenue		$	1,666,156			$	1,764,509			$	1,420,501
		Operating Expenses (a)			1,304,715				1,356,567				1,130,850
		Operating Income		$	361,441			$	407,942			$	289,651
		Total Assets		$	1,099,921			$	1,239,964			$	1,181,783
Asset Management		Net Revenue		$	1,204,927			$	1,424,985			$	1,167,466
		Operating Expenses (a)			963,640				1,032,825				861,031
		Operating Income		$	241,287			$	392,160			$	306,435
		Total Assets		$	978,083			$	1,128,549			$	958,588
Corporate		Net Revenue (Loss)		$	(97,512	)		$	3,554			$	(21,829	)
		Operating Expenses (Credit) (a)			(11,632	)			79,808				72,116
		Operating Loss		$	(85,880	)		$	(76,254	)		$	(93,945	)
		Total Assets		$	3,774,557			$	4,778,668			$	3,831,490
Total		Net Revenue		$	2,773,571			$	3,193,048			$	2,566,138
		Operating Expenses (a)			2,256,723				2,469,200				2,063,997
		Operating Income		$	516,848			$	723,848			$	502,141
		Total Assets		$	5,852,561			$	7,147,181			$	5,971,861

(a) Operating expenses include depreciation and amortization of property as set forth in table below.

		Year Ended December 31,
		2022				2021				2020
Financial Advisory		$	8,968			$	8,480			$	6,104
Asset Management			9,390				5,618				3,730
Corporate			23,978				24,217				25,261
Total		$	42,336			$	38,315			$	35,095

Schedule of Operating Income, Revenue and Identifiable Assets by Geographical Areas

The following table sets forth the net revenue from, and identifiable assets for, the Company and its consolidated subsidiaries by geographic region allocated on the basis described above. In the table below, Americas principally includes the U.S., EMEA principally includes the U.K. and France, and Asia Pacific principally includes Australia.

		As of or for the Year Ended December 31,
		2022				2021				2020
Net Revenue:
Americas		$	1,487,056			$	1,780,815			$	1,530,100
EMEA			1,136,636				1,251,058				885,924
Asia Pacific			149,879				161,175				150,114
Total		$	2,773,571			$	3,193,048			$	2,566,138
Operating Income:
Americas		$	235,640			$	399,916			$	362,446
EMEA			248,404				295,991				109,991
Asia Pacific			32,804				27,941				29,704
Total		$	516,848			$	723,848			$	502,141
Identifiable Assets:
Americas		$	3,458,250			$	4,011,071			$	3,124,103
EMEA			2,218,136				2,933,180				2,534,168
Asia Pacific			176,175				202,930				313,590
Total		$	5,852,561			$	7,147,181			$	5,971,861

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
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-Name Accounting Standards Codification
-Topic 220
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-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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