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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 105,651 $ 54,193
Securities owned, at fair value 4,585 66,294
Securities held-to-maturity 1,000 1,000
Accounts receivable 20,732 21,309
Income taxes receivable 2,665 6,978
Prepaid expenses 3,910 3,550
Other current assets 181 1,007
Total current assets 138,724 154,331
Fixed assets, net 10,391 10,693
Note receivable, net (Note 6) 19,165 18,748
Securities held-to-maturity 20,264 20,299
Deferred tax asset, net 1,053 1,050
Investments, carried at cost 35,187 35,187
Goodwill 1,799 1,799
Intangible asset 12,029 12,085
Other noncurrent assets 1,378 793
Total assets 239,990 254,985
Current liabilities:    
Fund management and administration payable 18,411 20,099
Compensation and benefits payable 6,199 28,053
Securities sold, but not yet purchased, at fair value   950
Accounts payable and other liabilities 9,138 8,246
Total current liabilities 33,748 57,348
Deferred rent payable 4,637 4,686
Total liabilities 38,385 62,034
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: 137,751 and 136,996 at March 31, 2018 and December 31, 2017, respectively 1,378 1,370
Additional paid-in capital 218,488 216,006
Accumulated other comprehensive income 1,163 291
Accumulated deficit (19,424) (24,716)
Total stockholders' equity 201,605 192,951
Total liabilities and stockholders' equity $ 239,990 $ 254,985