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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents $ 122,013 $ 187,442
Investments ($175,734 and $159,931) [1] 371,345 258,970
Accounts receivable 65,267 68,889
Due from brokers ($479 and $13) [1] 3,657 4,677
Property and equipment—net 70,326 66,336
Operating lease right-of-use assets—net 101,624 103,302
Goodwill and intangible assets—net 19,091 19,395
Other assets ($509 and $644) [1] 30,729 27,543
Total assets 784,052 736,554
Liabilities:    
Accrued compensation and benefits 32,967 66,382
Distribution and service fees payable 9,051 10,144
Operating lease liabilities 141,437 140,408
Income tax payable 646 5,115
Due to brokers ($501 and $119) [1] 595 201
Other liabilities and accrued expenses ($442 and $449) [1] 14,952 21,657
Total liabilities 199,648 243,907
Commitments and contingencies
Redeemable noncontrolling interests 114,570 106,463
Stockholders' equity:    
Common stock, $0.01 par value; 500,000,000 shares authorized; 57,450,598 and 55,788,720 shares issued at June 30, 2024 and December 31, 2023 respectively 574 558
Additional paid-in capital 916,006 818,269
Accumulated deficit (153,360) (158,186)
Accumulated other comprehensive loss (8,874) (7,708)
Treasury stock, at cost, 6,901,862 and 6,633,273 shares at June 30, 2024 and December 31, 2023, respectively (291,173) (271,705)
Total stockholders’ equity attributable to Cohen & Steers, Inc. 463,173 381,228
Nonredeemable noncontrolling interests 6,661 4,956
Total stockholders' equity 469,834 386,184
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 784,052 $ 736,554
[1] Amounts in parentheses represent the aggregate balances at June 30, 2024 and December 31, 2023 attributable to variable interest entities consolidated by the Company. Refer to Note 4, Investments for further discussion.