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Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012
--- | --- | ---
Current Assets |  |
Cash and cash equivalents | $ 244,683 | $ 63,432
Cash and cash equivalents of consolidated sponsored investment products | 44 | 14
Trading securities, at fair value | 18,917 | 12,392
Available-for-sale securities, at fair value | 2,684 | 2,656
Investments of consolidated sponsored investment products | 95,998 | 43,227
Accounts receivable, net | 46,655 | 37,328
Deferred taxes, net | 4,843 | 1,143
Prepaid expenses and other current assets | 4,312 | 3,951
Other current assets of consolidated sponsored investment products | 43,002 | 683
Total current assets | 461,138 | 164,826
Furniture, equipment, and leasehold improvements, net | 7,335 | 7,788
Intangible assets, net | 45,907 | 48,711
Goodwill | 5,260 | 5,260
Deferred taxes, net | 63,274 | 95,780
Long-term investments ($3,783 and $2,970 at fair value, respectively) and other assets | 18,720 | 10,384
Total assets | 601,634 | 332,749
Current Liabilities |  |
Accrued compensation and benefits | 39,410 | 41,252
Accounts payable | 10,842 | 7,582
Investment securities purchased of consolidated sponsored investment products | 42,503 | 260
Other accrued liabilities | 8,499 | 7,048
Other accrued liabilities of consolidated sponsored investment products | 295 | 117
Broker-dealer payable | 7,354 | 6,152
Total current liabilities | 108,903 | 62,411
Long-term debt |  | 15,000
Lease obligations and other long-term liabilities | 8,072 | 7,704
Total liabilities | 116,975 | 85,115
Commitments and Contingencies (Note 13) |  |
Redeemable noncontrolling interests | 18,855 | 3,163
Equity attributable to stockholders: |  |
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 9,450,798 shares issued and 9,100,798 shares outstanding at September 30, 2013 and 8,071,674 shares issued and 7,826,674 shares outstanding at December 31, 2012 | 95 | 81
Additional paid-in capital | 1,133,350 | 942,825
Accumulated deficit | (629,977) | (680,411)
Accumulated other comprehensive loss | (177) | (287)
Treasury stock, at cost, 350,000 and 245,000 shares at September 30, 2013 and December 31, 2012, respectively | (37,438) | (17,734)
Total equity attributable to stockholders | 465,853 | 244,474
Noncontrolling interest | (49) | (3)
Total equity | 465,804 | 244,471
Total liabilities and equity | $ 601,634 | $ 332,749

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