Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 189,272	$ 165,284
Accounts receivable	28,652	18,176
Deferred tax asset, net	6,560	3,872
Other current assets	3,543	1,708
Total current assets	228,027	189,040
Fixed assets, net	10,274	10,356
Investments	21,247	13,990
Deferred tax asset, net	3,519	5,618
Goodwill	1,676	1,676
Other noncurrent assets	463	71
Total assets	265,206	220,751
Current liabilities:
Fund management and administration payable	13,263	9,983
Compensation and benefits payable	21,725	14,333
Accounts payable and other liabilities	5,368	5,115
Total current liabilities	40,356	29,431
Acquisition payable	2,278	1,757
Deferred rent payable	5,183	5,278
Total liabilities	$ 47,817	$ 36,466
Stockholders' equity:
Preferred stock, par value $0.01; 2,000 shares authorized
Common stock, par value $0.01; 250,000 shares authorized; issued: 137,770 and 134,959; outstanding: 136,313 and 133,445	$ 1,377	$ 1,350
Additional paid-in capital	227,975	209,216
Accumulated other comprehensive loss	(175)	(53)
Accumulated deficit	(11,788)	(26,228)
Total stockholders' equity	217,389	184,285
Total liabilities and stockholders' equity	$ 265,206	$ 220,751

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, and other costs not separately disclosed in the balance sheet that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered.

No definition available.