Acquisition (Tables)

12 Months Ended

Dec. 31, 2020

MHT Partners [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The table below summarizes the purchase price allocation of net tangible and intangible assets acquired and liabilities assumed as of October 1, 2020:

	(dollars in thousands)
Fixed assets	$	101
Operating lease right-of-use assets	1,120
Intangible assets	1,224
Other assets	43
Compensation payable	(533)
Operating lease liabilities	(1,446)
Total net identifiable assets acquired and liabilities assumed	509
Goodwill	9,356
Total estimated purchase price	$	9,865

Schedule of Acquired Indefinite-lived Intangible Assets by Major Class

The allocation of the intangible assets is shown within the following table:

	Estimated intangible assets acquired		Estimated average remaining useful lives
	(dollars in thousands)		(in years)
Intangible asset class
Trade name	$	131	3
Customer relationships	749		4
Non-compete agreements	344		5
Total intangible assets	$	1,224

Finite-lived Intangible Assets Amortization Expense [Table Text Block]

The estimated amortization expense related to these intangible assets in future periods is as follows:

	(dollars in thousands)
2021	$	300
2022	300
2023	289
2024	209
2025	52
Thereafter	—
	$	1,150

Quarton

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The table below summarizes the purchase price allocation of net tangible and intangible assets acquired and liabilities assumed as of January 2, 2019:

	(dollars in thousands)
Cash and cash equivalents	$	12,236
Fees receivable	7,269
Fixed assets	1,085
Operating lease right-of-use assets	3,200
Intangible assets	22,200
Other assets	667
Compensation payable	(637)
Operating lease liabilities	(3,200)
Due to related parties	(4,750)
Accounts payable, accrued expenses and other liabilities	(16,257)
Total identifiable net assets acquired and liabilities assumed	21,813
Goodwill	81,150
Total estimated purchase price	$	102,963

Schedule of Acquired Indefinite-lived Intangible Assets by Major Class

The allocation of the intangible assets is shown within the following table:

	Estimated intangible assets acquired		Estimated average remaining useful lives
	(dollars in thousands)		(in years)
Intangible asset class
Trade name	$	900	3
Customer relationships	7,100		4
Backlog	12,600		2
Proprietary software	1,600		3
Total intangible assets	$	22,200

Finite-lived Intangible Assets Amortization Expense [Table Text Block]

The estimated amortization expense related to these intangible assets in future periods is as follows:

	(dollars in thousands)
2021	$	2,608
2022	1,775
2023	—
2024	—
2025	—
Thereafter	—
	$	4,383