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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30,												Six Months Ended June 30,
						2024						2023						2024						2023
Financial Advisory			Net Revenue			$	411,308					$	352,477					$	864,815					$	630,051
			Operating Expenses			370,824						439,445						798,832						768,180
			Operating Income (Loss)			$	40,484					$	(86,968)					$	65,983					$	(138,129)
Asset Management			Net Revenue			$	285,487					$	288,313					$	580,963					$	572,357
			Operating Expenses			235,405						269,219						497,085						517,270
			Operating Income			$	50,082					$	19,094					$	83,878					$	55,087
Corporate			Net Revenue (Loss)			$	(11,446)					$	2,324					$	4,324					$	(16,858)
			Operating Expenses			15,480						44,523						35,984						47,097
			Operating Loss			$	(26,926)					$	(42,199)					$	(31,660)					$	(63,955)
Total			Net Revenue			$	685,349					$	643,114					$	1,450,102					$	1,185,550
			Operating Expenses			621,709						753,187						1,331,901						1,332,547
			Operating Income (Loss)			$	63,640					$	(110,073)					$	118,201					$	(146,997)

			As Of
			June 30, 2024						December 31, 2023
Total Assets
Financial Advisory			$	1,154,804					$	1,154,483
Asset Management			1,126,422						1,232,364
Corporate			2,245,968						2,248,934
Total			$	4,527,194					$	4,635,781

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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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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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