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Revenues from Contracts with Customers
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenues from Contracts with Customers Revenues from Contracts with Customers
The following table presents the Company’s total revenues separated between revenues from contracts with customers and other sources of revenues (in thousands):

Year Ended December 31,
202120202019
Revenues from contracts with customers:
Commissions$1,541,900 $1,567,668 $1,645,818 
Data, software, and post-trade89,963 81,920 73,166 
Fees from related parties14,856 25,754 29,442 
Other revenues16,818 14,948 12,806 
Total revenues from contracts with customers1,663,537 1,690,290 1,761,232 
Other sources of revenues:
Principal transactions327,761 351,633 321,923 
Interest and dividend income21,977 12,332 18,319 
Other revenues2,089 2,506 3,132 
Total revenues$2,015,364 $2,056,761 $2,104,606 
Refer to Note 3—“Summary of Significant Accounting Policies” for detailed information on the recognition of the Company’s revenues from contracts with customers.
Disaggregation of Revenue
Refer to Note 23—“Segment, Geographic and Product Information” for a further discussion on the allocation of revenues to geographic regions.
Contract Balances
The timing of our revenue recognition may differ from the timing of payment by our customers. The Company records a receivable when revenue is recognized prior to payment and the Company has an unconditional right to payment. Alternatively, when payment precedes the provision of the related services, the Company records deferred revenue until the performance obligations are satisfied.
The Company had receivables related to revenues from contracts with customers of $296.4 million and $629.4 million at December 31, 2021 and December 31, 2020, respectively. The Company had no impairments related to these receivables during the years ended December 31, 2021 and 2020.
The Company’s deferred revenue primarily relates to customers paying in advance or billed in advance where the performance obligation has not yet been satisfied. Deferred revenue at December 31, 2021 and 2020 was $9.2 million and $15.0 million, respectively. During the years ended December 31, 2021 and 2020, the Company recognized revenue of $9.0 million and $8.3 million, respectively, that was recorded as deferred revenue at the beginning of the period.
Contract Costs
The Company capitalizes costs to fulfill contracts associated with different lines of its business where the revenue is recognized at a point in time and the costs are determined to be recoverable. Capitalized costs to fulfill a contract are recognized at the point in time that the related revenue is recognized. At December 31, 2021, there were no capitalized costs recognized to fulfill a contract. At December 31, 2020, there were $1.7 million of capitalized costs recognized to fulfill a contract.