CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 52,008	$ 41,202
Investments in securities	36,811	33,789
Receivable from brokers	4,188	3,423
Investment advisory fees receivable	22,865	25,677
Receivable from affiliates	4,019	4,194
Goodwill and identifiable intangible assets	3,765	3,765
Deferred tax asset and income tax receivable	18,250	15,001
Other assets	8,450	7,561
Total assets	150,356	134,612
LIABILITIES AND STOCKHOLDERS' EQUITY
Payable to brokers	99	112
Income taxes payable and deferred tax liabilities	1,935	2,388
Lease liability obligations	5,825	4,794
Compensation payable	65,335	60,408
Payable to affiliates	434	1,041
Accrued expenses and other liabilities	29,930	32,091
Sub-total	103,558	100,834
5.875% Senior Notes (net of issuance costs of $45 and $57, respectively) (due June 1, 2021) (Note 7)	24,180	24,168
Total liabilities	127,738	125,002
Commitments and contingencies (Note 10)
Stockholders' Equity
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued and outstanding	0	0
Additional paid-in capital	15,347	14,192
Retained earnings	325,605	282,928
Accumulated other comprehensive income	(243)	(240)
Treasury stock, at cost (7,498,517 and 6,012,002 shares, respectively)	(318,124)	(287,303)
Total stockholders' equity	22,618	9,610
Total liabilities and stockholders' equity	150,356	134,612
Class A [Member]
Stockholders' Equity
Common stock	14	14
Class B [Member]
Stockholders' Equity
Common stock	$ 19	$ 19