XML 36 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 54,193 $ 92,722
Securities owned, at fair value 66,294 58,907
Securities held-to-maturity 1,000 3,994
Accounts receivable 21,309 17,668
Income taxes receivable 6,978  
Prepaid expenses 3,550 3,346
Other current assets 1,007 555
Total current assets 154,331 177,192
Fixed assets, net 10,693 11,748
Note receivable 18,748  
Securities held-to-maturity 20,299 18,502
Deferred tax asset, net 1,050 9,826
Investments, carried at cost 35,187 20,000
Goodwill 1,799 1,799
Intangible assets 12,085 9,953
Other noncurrent assets 793 747
Total assets 254,985 249,767
Current liabilities:    
Fund management and administration payable 20,099 13,584
Compensation and benefits payable 28,053 14,652
Income taxes payable   4,700
Acquisition payable 0 3,537
Securities sold, but not yet purchased, at fair value 950 1,248
Accounts payable and other liabilities 8,246 5,806
Total current liabilities: 57,348 43,527
Deferred rent payable 4,686 4,896
Total liabilities 62,034 48,423
Commitments and Contingencies (Note 9)
Stockholders' equity:    
Preferred stock, par value $0.01; 2,000 shares authorized:
Common stock, par value $0.01; 250,000 shares authorized; issued and outstanding: 136,996 and 136,475 at December 31, 2017 and December 31, 2016, respectively 1,370 1,365
Additional paid-in capital 216,006 224,739
Accumulated other comprehensive income/(loss) 291 (44)
Accumulated deficit (24,716) (24,716)
Total stockholders' equity 192,951 201,344
Total liabilities and stockholders' equity $ 254,985 $ 249,767