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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE    
Interest income $ 12,607 $ 1,761
Other 10,417 9,592
Total revenue 561,911 716,144
Interest expense 19,475 21,252
Net revenue 542,436 694,892
OPERATING EXPENSES    
Compensation and benefits 449,967 396,841
Occupancy and equipment 31,773 31,239
Marketing and business development 22,762 14,123
Technology and information services 44,040 37,931
Professional services 24,326 16,029
Fund administration and outsourced services 26,576 29,703
Amortization and other acquisition-related costs 48 15
Benefit pursuant to tax receivable agreement (40,435)  
Other 20,303 9,283
Total operating expenses 579,360 535,164
OPERATING INCOME (LOSS) (36,924) 159,728
Provision (benefit) for income taxes (21,725) 38,753
NET INCOME (LOSS) (15,199) 120,975
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 6,973 7,099
NET INCOME (LOSS) ATTRIBUTABLE TO LAZARD LTD $ (22,172) $ 113,876
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:    
Basic 87,591,852 102,547,277
Diluted 87,591,852 108,186,642
NET INCOME (LOSS) PER SHARE OF COMMON STOCK:    
Basic $ (0.27) $ 1.09
Diluted $ (0.27) $ 1.05
Investment Banking and Other Advisory Fees [Member]    
REVENUE    
Revenue $ 277,408 $ 389,739
Asset Management Fees [Member]    
REVENUE    
Revenue $ 261,479 $ 315,052