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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of 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:

						Three Months Ended September 30,												Nine Months Ended September 30,
						2023						2022						2023						2022
Financial Advisory			Net Revenue			$	266,048					$	456,521					$	896,099					$	1,254,621
			Operating Expenses			295,609						341,578						1,063,789						956,410
			Operating Income (Loss)			$	(29,561)					$	114,943					$	(167,690)					$	298,211
Asset Management			Net Revenue			$	284,855					$	298,797					$	857,212					$	926,449
			Operating Expenses			232,011						233,614						749,281						707,676
			Operating Income			$	52,844					$	65,183					$	107,931					$	218,773
Corporate			Net Revenue (Loss)			$	(26,985)					$	(28,574)					$	(43,843)					$	(119,888)
			Operating Expenses (Credit)			1,155						(6,590)						48,252						(46,612)
			Operating Loss			$	(28,140)					$	(21,984)					$	(92,095)					$	(73,276)
Total			Net Revenue			$	523,918					$	726,744					$	1,709,468					$	2,061,182
			Operating Expenses			528,775						568,602						1,861,322						1,617,474
			Operating Income (Loss)			$	(4,857)					$	158,142					$	(151,854)					$	443,708

			As Of
			September 30, 2023						December 31, 2022
Total Assets
Financial Advisory			$	1,036,825					$	1,099,921
Asset Management			828,890						978,083
Corporate			2,429,791						3,774,557
Total			$	4,295,506					$	5,852,561

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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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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