Consolidated VIEs

9 Months Ended

Sep. 30, 2019

Variable Interest Entity Consolidated Carrying Amount Assets And Liabilities [Abstract]

Consolidated VIEs

22. CONSOLIDATED VIEs

The Company’s consolidated VIEs as of September 30, 2019 include certain funds that were recently established for the benefit of employees participating in the Company’s existing LFI deferred compensation arrangement.  Lazard invests in these funds and is the investment manager and is therefore deemed to have both the power to direct the most significant activities of the funds and the right to receive benefits (or the obligation to absorb losses) that could potentially be significant to these funds.  The Company’s consolidated VIE assets and liabilities as reflected in the condensed consolidated statements of financial condition consist of the following at September 30, 2019:

ASSETS
Cash and cash equivalents	$	3,377
Customers and other receivables		519
Investments (a)		89,333
Other assets		769
Total Assets	$	93,998

LIABILITIES
Deposits and other customer payables	$	462
Other liabilities		477
Total Liabilities	$	939

(a) Includes $79,791 of LFI held by Lazard Group which is eliminated in the condensed consolidated statements of financial condition.