Deferred Acquisition Consideration (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Changes in Contingent Deferred Acquisition Consideration

The following table presents changes in contingent deferred acquisition consideration, which is measured at fair value on a recurring basis using significant unobservable inputs, and a reconciliation to the amounts reported on the balance sheets as of March 31, 2021 and December 31, 2020.


	March 31,		December 31,
	2021		2020
Beginning Balance of Contingent Payments	$	82,802	$	74,671
Payments	(1,153)		(46,792)
Redemption value adjustments (1)	12,392		44,993
Additions - Acquisitions and step-up transactions	—		7,703
Other	(641)		2,227
Ending balance of contingent payments	$	93,400	$	82,802
Fixed Payments	—		263
	$	93,400	$	83,065

(1) Redemption value adjustments are fair value changes from the Company’s initial estimates of deferred acquisition payments and stock-based compensation charges relating to acquisition payments that are tied to continued employment. Redemption value adjustments are recorded within Office and general expenses on the Unaudited Condensed Consolidated Statements of Operations.

The following table presents the impact to the Company’s Statements of operations due to the redemption value adjustments for the contingent deferred acquisition consideration:


	Three Months Ended March 31,
	2021		2020
Loss (income) attributable to fair value adjustments	$	11,685	$	(4,600)
Stock-based compensation	707		2,025
Redemption value adjustments	$	12,392	$	(2,575)