Evercore (EVR) 10-Q 5 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	Apr. 21, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-32975
Entity Registrant Name	EVERCORE INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-4748747
Entity Address, Address Line One	55 East 52nd Street
Entity Address, City or Town	New York,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10055
City Area Code	212
Local Phone Number	857-3100
Title of 12(b) Security	Class A Common Stock, par value $0.01 per share
Trading Symbol	EVR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001360901
Current Fiscal Year End Date	--12-31
Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		38,347,196
Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		51
Subsidiaries [Member] | Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		49

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 579,190	$ 663,400
Investment Securities and Certificates of Deposit (includes available-for-sale debt securities with an amortized cost of $117,508 and $802,652 at March 31, 2023 and December 31, 2022, respectively)	803,142	1,432,716
Accounts Receivable (net of allowances of $7,217 and $4,683 at March 31, 2023 and December 31, 2022, respectively)	299,157	385,131
Receivable from Employees and Related Parties	20,673	21,914
Other Current Assets	112,775	203,570
Total Current Assets	1,814,937	2,706,731
Investments	43,744	43,047
Deferred Tax Assets	259,830	257,166
Operating Lease Right-of-Use Assets	246,901	237,561
Furniture, Equipment and Leasehold Improvements (net of accumulated depreciation and amortization of $194,413 and $187,077 at March 31, 2023 and December 31, 2022, respectively)	141,905	143,268
Goodwill	124,116	123,285
Other Assets	119,039	109,865
Total Assets	2,750,472	3,620,923
Current Liabilities
Accrued Compensation and Benefits	196,299	918,489
Accounts Payable and Accrued Expenses	28,582	28,807
Payable to Employees and Related Parties	53,349	41,235
Operating Lease Liabilities	34,490	37,968
Taxes Payable	3,625	9,842
Other Current Liabilities	27,058	34,195
Total Current Liabilities	343,403	1,070,536
Operating Lease Liabilities	289,378	278,078
Notes Payable	372,494	371,774
Amounts Due Pursuant to Tax Receivable Agreements	60,814	61,169
Other Long-term Liabilities	115,172	112,948
Total Liabilities	1,181,261	1,894,505
Commitments and Contingencies
Evercore Inc. Stockholders' Equity
Additional Paid-In-Capital	2,931,682	2,861,775
Accumulated Other Comprehensive Income (Loss)	(25,683)	(27,942)
Retained Earnings	1,819,599	1,768,098
Treasury Stock at Cost (43,491,694 and 41,339,113 shares at March 31, 2023 and December 31, 2022, respectively)	(3,350,483)	(3,065,917)
Total Evercore Inc. Stockholders' Equity	1,375,933	1,536,811
Noncontrolling Interest	193,278	189,607
Total Equity	1,569,211	1,726,418
Total Liabilities and Equity	2,750,472	3,620,923
Class A [Member]
Evercore Inc. Stockholders' Equity
Common Stock	818	797
Class B [Member]
Evercore Inc. Stockholders' Equity
Common Stock	$ 0	$ 0

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale, Amortized Cost	$ 117,508	$ 802,652
Accounts Receivable, Allowances	7,217	4,683
Furniture, Equipment and Leasehold Improvements, Accumulated Depreciation and Amortization	$ 194,413	$ 187,077
Treasury Stock at Cost, shares	43,491,694	41,339,113
Class A [Member]
Common Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Shares, Issued	81,836,929	79,686,375
Common Stock, Shares, Outstanding	38,345,235	38,347,262
Class B [Member]
Common Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Shares, Issued	51	50
Common Stock, Shares, Outstanding	51	50

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Investment Banking & Equities:
Other Revenue, Including Interest and Investments	$ 26,846	$ (1,779)
Total Revenues	576,314	727,104
Interest Expense	4,171	4,250
Net Revenues	572,143	722,854
Expenses
Employee Compensation and Benefits	366,872	429,735
Occupancy and Equipment Rental	20,379	19,177
Professional Fees	24,137	24,146
Travel and Related Expenses	15,203	7,826
Communications and Information Services	15,735	16,028
Depreciation and Amortization	6,573	7,110
Execution, Clearing and Custody Fees	2,765	2,797
Special Charges, Including Business Realignment Costs	2,921	0
Other Operating Expenses	10,654	6,671
Total Expenses	465,239	513,490
Income Before Income from Equity Method Investments and Income Taxes	106,904	209,364
Income from Equity Method Investments	1,468	2,512
Income Before Income Taxes	108,372	211,876
Provision for Income Taxes	16,131	34,782
Net Income	92,241	177,094
Net Income Attributable to Noncontrolling Interest	8,863	19,078
Net Income Attributable to Evercore Inc.	83,378	158,016
Net Income Attributable to Evercore Inc. Common Shareholders	$ 83,378	$ 158,016
Weighted Average Shares of Class A Common Stock Outstanding
Basic (in shares)	38,510	39,176
Diluted (in shares)	40,439	41,708
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:
Basic (in dollars per share)	$ 2.17	$ 4.03
Diluted (in dollars per share)	$ 2.06	$ 3.79
Investment Banking and Equities [Member]
Investment Banking & Equities:
Revenue from Contract with Customer	$ 533,510	$ 711,768
Net Revenues	554,811	704,301
Expenses
Income Before Income from Equity Method Investments and Income Taxes	102,810	203,729
Income from Equity Method Investments	71	374
Income Before Income Taxes	102,881	204,103
Investment Banking and Equities [Member] | Advisory Fees [Member]
Investment Banking & Equities:
Revenue from Contract with Customer	462,562	624,564
Investment Banking and Equities [Member] | Underwriting Fees [Member]
Investment Banking & Equities:
Revenue from Contract with Customer	22,883	36,306
Investment Banking and Equities [Member] | Commissions and Related Revenue [Member]
Investment Banking & Equities:
Revenue from Contract with Customer	48,065	50,898
Investment Management [Member]
Investment Banking & Equities:
Revenue from Contract with Customer	15,958	17,115
Net Revenues	17,332	18,553
Expenses
Income Before Income from Equity Method Investments and Income Taxes	4,094	5,635
Income from Equity Method Investments	1,397	2,138
Income Before Income Taxes	5,491	7,773
Investment Management [Member] | Asset Management [Member]
Investment Banking & Equities:
Revenue from Contract with Customer	$ 15,958	$ 17,115

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net Income	$ 92,241	$ 177,094
Other Comprehensive Income (Loss), net of tax:
Unrealized Gain (Loss) on Securities and Investments, net	(3,246)	3
Foreign Currency Translation Adjustment Gain (Loss), net	5,721	(3,020)
Other Comprehensive Income (Loss)	2,475	(3,017)
Comprehensive Income	94,716	174,077
Comprehensive Income Attributable to Noncontrolling Interest	9,079	18,805
Comprehensive Income Attributable to Evercore Inc.	$ 85,637	$ 155,272

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Class A [Member]	Common Stock [Member] Class A [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2021	$ 1,635,281		$ 748	$ 2,458,779	$ (12,086)	$ 1,418,382	$ (2,545,452)	$ 314,910
Beginning Balance, Shares at Dec. 31, 2021			74,804,288				36,900,858
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	177,094					158,016		19,078
Other Comprehensive Income (Loss)	(3,017)				(2,744)			(273)
Treasury Stock Purchases	(255,141)						$ (255,141)
Treasury Stock Purchases, Shares (in shares)							(1,991,116)
Evercore LP Units Exchanged for Class A Common Stock	4,283		$ 26	162,034				(157,777)
Evercore LP Units Exchanged for Class A Common Stock, Shares			2,546,405
Equity-based Compensation Awards	66,690		$ 21	60,448				6,221
Equity-based Compensation Awards, Shares			2,109,757
Dividends	(31,633)					(31,633)
Noncontrolling Interest (Note 12)	(5,888)			(1,361)				(4,527)
Ending Balance at Mar. 31, 2022	1,587,669		$ 795	2,679,900	(14,830)	1,544,765	$ (2,800,593)	177,632
Ending Balance, Shares at Mar. 31, 2022			79,460,450				38,891,974
Beginning Balance at Dec. 31, 2022	1,726,418		$ 797	2,861,775	(27,942)	1,768,098	$ (3,065,917)	189,607
Beginning Balance, Shares at Dec. 31, 2022		38,347,262	79,686,375				41,339,113
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	92,241					83,378		8,863
Other Comprehensive Income (Loss)	2,475				2,259			216
Treasury Stock Purchases	$ (284,566)						$ (284,566)
Treasury Stock Purchases, Shares (in shares)	(2,153,000)						(2,152,581)
Evercore LP Units Exchanged for Class A Common Stock	$ 936		$ 0	2,414				(1,478)
Evercore LP Units Exchanged for Class A Common Stock, Shares			23,500
Equity-based Compensation Awards	73,974		$ 21	67,493				6,460
Equity-based Compensation Awards, Shares			2,127,054
Dividends	(31,877)					(31,877)
Noncontrolling Interest (Note 12)	(10,390)			0				(10,390)
Ending Balance at Mar. 31, 2023	$ 1,569,211		$ 818	$ 2,931,682	$ (25,683)	$ 1,819,599	$ (3,350,483)	$ 193,278
Ending Balance, Shares at Mar. 31, 2023		38,345,235	81,836,929				43,491,694

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash Flows From Operating Activities
Net Income	$ 92,241	$ 177,094
Adjustments to Reconcile Net Income to Net Cash Provided by (Used In) Operating Activities:
Net (Gains) Losses on Investments, Investment Securities and Contingent Consideration	(9,509)	4,456
Equity Method Investments, Including Gain on Sale	(890)	(786)
Equity-Based and Other Deferred Compensation	130,242	117,524
Noncash Lease Expense	11,045	10,094
Depreciation, Amortization and Accretion, net	5,287	7,219
Bad Debt Expense	3,734	(519)
Deferred Taxes	(2,514)	(1,942)
Decrease (Increase) in Operating Assets:
Investment Securities	1,676	(21)
Accounts Receivable	83,422	36,230
Receivable from Employees and Related Parties	1,268	1,460
Other Assets	82,271	(14,980)
(Decrease) Increase in Operating Liabilities:
Accrued Compensation and Benefits	(767,197)	(839,975)
Accounts Payable and Accrued Expenses	(1,132)	373
Payables to Employees and Related Parties	4,788	28,261
Taxes Payable	(6,217)	(4,462)
Other Liabilities	(13,252)	(6,246)
Net Cash Provided by (Used in) Operating Activities	(384,737)	(486,220)
Cash Flows From Investing Activities
Investments Purchased	(37)	0
Proceeds from Sale of Investments	0	18,300
Distributions of Private Equity Investments	72	20
Investment Securities:
Proceeds from Sales and Maturities of Investment Securities	1,409,643	1,325,038
Purchases of Investment Securities	(851,103)	(626,283)
Maturity of Certificates of Deposit	82,759	67,796
Purchase of Certificates of Deposit	(5,222)	(85,843)
Purchase of Furniture, Equipment and Leasehold Improvements	(4,858)	(5,491)
Net Cash Provided by Investing Activities	631,254	693,537
Cash Flows From Financing Activities
Issuance of Noncontrolling Interests	0	300
Distributions to Noncontrolling Interests	(9,202)	(4,740)
Purchase of Treasury Stock and Noncontrolling Interests	(286,592)	(283,126)
Dividends	(41,193)	(41,619)
Net Cash Provided by (Used in) Financing Activities	(336,987)	(329,185)
Effect of Exchange Rate Changes on Cash	6,472	(1,531)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	(83,998)	(123,399)
Cash, Cash Equivalents and Restricted Cash – Beginning of Period	672,123	587,293
Cash, Cash Equivalents and Restricted Cash – End of Period	588,125	463,894
SUPPLEMENTAL CASH FLOW DISCLOSURE
Payments for Interest	1,790	3,542
Payments for Income Taxes	33,255	36,867
Accrued Dividends	4,205	4,128
Amounts Due for Purchase of Noncontrolling Interest	0	1,448
Settlement of Sale of Trilantic VI	$ 0	$ 9,188

Organization

Organization	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Organization	Organization Evercore Inc., together with its subsidiaries (the "Company"), is an investment banking and investment management firm, incorporated in Delaware and headquartered in New York, New York. The Company is a holding company which owns a controlling interest in, and is the sole general partner of, Evercore LP, a Delaware limited partnership ("Evercore LP"). The Company operates from its offices and through its affiliates in the Americas, Europe, the Middle East and Asia. The Investment Banking & Equities segment includes the investment banking business through which the Company provides advice to clients on significant mergers, acquisitions, divestitures, shareholder activism and other strategic corporate transactions, with a particular focus on advising prominent multinational corporations and substantial private equity firms on large, complex transactions. The Company also provides restructuring advice to companies in financial transition, as well as to creditors, shareholders and potential acquirers. In addition, the Company provides its clients with capital markets advice, underwrites securities offerings, raises funds for financial sponsors and provides advisory services focused on secondary transactions for private funds interests, as well as on primary and secondary transactions for real estate oriented financial sponsors and private equity interests. The Investment Banking & Equities segment also includes the equities business through which the Company offers macroeconomic, policy and fundamental equity research and agency-based equity securities trading for institutional investors. The Investment Management segment includes the wealth management business through which the Company provides investment advisory, wealth management and fiduciary services for high-net-worth individuals and associated entities, and the private equity business, which holds interests in private equity funds which are not managed by the Company.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies For a further discussion of the Company's accounting policies, refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Basis of Presentation – The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with the instructions to Form 10-Q. As permitted by the rules and regulations of the United States Securities and Exchange Commission, the unaudited condensed consolidated financial statements contain certain condensed financial information and exclude certain footnote disclosures normally included in audited consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The accompanying condensed consolidated financial statements are unaudited and are prepared in accordance with U.S. GAAP. In the opinion of the Company's management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, including normal recurring accruals, necessary to fairly present the accompanying unaudited condensed consolidated financial statements. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company's annual report on Form 10-K for the year ended December 31, 2022. The December 31, 2022 Unaudited Condensed Consolidated Statement of Financial Condition data was derived from audited consolidated financial statements, but does not include all disclosures required by U.S. GAAP. Operating results for interim periods are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2023. The accompanying unaudited condensed consolidated financial statements of the Company are comprised of the consolidation of Evercore LP and Evercore LP's wholly-owned and majority-owned direct and indirect subsidiaries, including Evercore Group L.L.C. ("EGL"), a registered broker-dealer in the U.S. The Company's policy is to consolidate all subsidiaries in which it has a controlling financial interest, as well as any variable interest entities ("VIEs") where the Company is deemed to be the primary beneficiary, when it has the power to make the decisions that most significantly affect the economic performance of the VIE and has the obligation to absorb significant losses or the right to receive benefits that could potentially be significant to the VIE. The Company reviews factors, including the rights of the equity holders and obligations of equity holders to absorb losses or receive expected residual returns, to determine if the investment is a VIE. In evaluating whether the Company is the primary beneficiary, the Company evaluates its economic interests in the entity held either directly or indirectly by the Company. The consolidation analysis is generally performed qualitatively. This analysis, which requires judgment, is performed at each reporting date. Evercore LP is a VIE and the Company is the primary beneficiary. Specifically, the Company has the majority economic interest in Evercore LP and has decision making authority that significantly affects the economic performance of the entity while the limited partners have no kick-out or substantive participating rights. The assets and liabilities of Evercore LP represent substantially all of the consolidated assets and liabilities of the Company with the exception of U.S. corporate taxes and related items, which are presented on the Company's (Parent Company Only) Condensed Statements of Financial Condition in Note 24 to the Company's consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Evercore ISI International Limited ("Evercore ISI U.K."), Evercore Partners International LLP ("Evercore U.K."), Evercore (Japan) Ltd. ("Evercore Japan"), Evercore Consulting (Beijing) Co. Ltd. ("Evercore Beijing") and Evercore Partners Canada Ltd. ("Evercore Canada") are also VIEs, and the Company is the primary beneficiary of these VIEs. Specifically for Evercore ISI U.K., Evercore Japan, Evercore Beijing and Evercore Canada, the Company provides financial support through transfer pricing agreements with these entities, which exposes the Company to losses that are potentially significant to these entities, and has decision making authority that significantly affects the economic performance of these entities. The Company has the majority economic interest in Evercore U.K. and has decision making authority that significantly affects the economic performance of this entity. The Company included in its Unaudited Condensed Consolidated Statements of Financial Condition Evercore ISI U.K., Evercore U.K., Evercore Japan, Evercore Beijing and Evercore Canada assets of $291,905 and liabilities of $144,272 at March 31, 2023 and assets of $584,192 and liabilities of $247,884 at December 31, 2022. All intercompany balances and transactions with the Company's subsidiaries have been eliminated upon consolidation.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting PronouncementsThe Company did not adopt any new accounting standards that had a material impact on the Company's unaudited condensed consolidated financial statements during the three months ended March 31, 2023. The Company continues to monitor recently issued accounting standards to assess the impact on our unaudited condensed consolidated financial statements.

Revenue and Accounts Receivable

Revenue and Accounts Receivable	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue and Accounts Receivable The following table presents revenue recognized by the Company for the three months ended March 31, 2023 and 2022: For the Three Months Ended March 31, 2023 2022 Investment Banking & Equities: Advisory Fees $ 462,562 $ 624,564 Underwriting Fees 22,883 36,306 Commissions and Related Revenue 48,065 50,898 Total Investment Banking & Equities $ 533,510 $ 711,768 Investment Management: Asset Management and Administration Fees: Wealth Management $ 15,958 $ 17,115 Total Investment Management $ 15,958 $ 17,115 Contract Balances The change in the Company’s contract assets and liabilities during the following periods primarily reflects timing differences between the Company’s performance and the client’s payment. The Company’s receivables, contract assets and deferred revenue (contract liabilities) for the three months ended March 31, 2023 and 2022 are as follows: For the Three Months Ended March 31, 2023 Receivables (Current) (1) Receivables (Long-term) (2) Contract Assets (Current) (3) Contract Assets (Long-term) (2) Deferred Revenue (Current Contract Liabilities) (4) Deferred Revenue (Long-term Contract Liabilities) (5) Balance at January 1, 2023 $ 385,131 $ 64,139 $ 110,468 $ 8,028 $ 5,071 $ — Increase (Decrease) (85,974) 6,022 (96,505) 3,869 873 — Balance at March 31, 2023 $ 299,157 $ 70,161 $ 13,963 $ 11,897 $ 5,944 $ — For the Three Months Ended March 31, 2022 Receivables (Current) (1) Receivables (Long-term) (2) Contract Assets (Current) (3) Contract Assets (Long-term) (2) Deferred Revenue (Current Contract Liabilities) (4) Deferred Revenue (Long-term Contract Liabilities) (5) Balance at January 1, 2022 $ 351,668 $ 87,764 $ 14,092 $ 12,945 $ 9,257 $ 147 Increase (Decrease) (37,991) (12,541) 30,493 (4,411) 1,827 — Balance at March 31, 2022 $ 313,677 $ 75,223 $ 44,585 $ 8,534 $ 11,084 $ 147 (1) Included in Accounts Receivable on the Unaudited Condensed Consolidated Statements of Financial Condition. (2) Included in Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. (3) Included in Other Current Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. (4) Included in Other Current Liabilities on the Unaudited Condensed Consolidated Statements of Financial Condition. (5) Included in Other Long-term Liabilities on the Unaudited Condensed Consolidated Statements of Financial Condition. The Company's contract assets represent arrangements in which an estimate of variable consideration has been included in the transaction price and thereby recognized as revenue that precedes the contractual due date. Under Accounting Standards Codification ("ASC") 606, "Revenue from Contracts with Customers" ("ASC 606"), revenue is recognized when all material conditions for completion have been met and it is probable that a significant revenue reversal will not occur in a future period. The Company recognized revenue of $3,547 and $4,208 on the Unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2023 and 2022, respectively, that was initially included in deferred revenue within Other Current Liabilities on the Company’s Unaudited Condensed Consolidated Statements of Financial Condition. Generally, performance obligations under client arrangements will be settled within one year; therefore, the Company has elected to apply the practical expedient in ASC 606-10-50-14. The allowance for credit losses for the three months ended March 31, 2023 and 2022 is as follows: For the Three Months Ended March 31, 2023 2022 Beginning Balance $ 4,683 $ 2,704 Bad debt expense, net of reversals 3,734 (519) Write-offs, foreign currency translation and other adjustments (1,200) (131) Ending Balance $ 7,217 $ 2,054 The change in the balance during the three months ended March 31, 2023 is primarily related an increase in the Company's reserve for credit losses and the write-off of aged receivables. For long-term accounts receivable and long-term contract assets, the Company monitors clients’ creditworthiness based on collection experience and other internal metrics. The following table presents the Company’s long-term accounts receivable and long-term contract assets from the Company's private and secondary fund advisory businesses as of March 31, 2023, by year of origination: Amortized Carrying Value by Origination Year 2023 2022 2021 2020 2019 Total Long-term Accounts Receivable and Long-Term Contract Assets $ 13,537 $ 40,369 $ 20,781 $ 5,816 $ 1,555 $ 82,058

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Parties	Related Parties Advisory Fees includes fees earned from clients that have the Company's Senior Managing Directors, certain Senior Advisors and executives as a member of their Board of Directors of $1,668 and $2,860 for the three months ended March 31, 2023 and 2022, respectively. Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition includes the long-term portion of loans receivable from certain employees of $14,354 and $16,928 as of March 31, 2023 and December 31, 2022, respectively. See Note 14 for further information.

Investment Securities and Certi

Investment Securities and Certificates of Deposit	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Investment Securities and Certificates of Deposit	Investment Securities and Certificates of Deposit The Company's Investment Securities and Certificates of Deposit as of March 31, 2023 and December 31, 2022 were as follows: March 31, 2023 December 31, 2022 Cost Gross Gross Fair Value Cost Gross Gross Fair Value Debt Securities $ 117,508 $ 34 $ — $ 117,542 $ 802,652 $ 4,483 $ — $ 807,135 Equity Securities 558 — 60 498 558 — 223 335 Debt Securities Carried by EGL 494,113 1,437 — 495,550 363,824 1,814 — 365,638 Investment Funds 145,784 521 3,701 142,604 144,343 531 8,156 136,718 Total Investment Securities (carried at fair value) $ 757,963 $ 1,992 $ 3,761 $ 756,194 $ 1,311,377 $ 6,828 $ 8,379 $ 1,309,826 Certificates of Deposit (carried at contract value) 46,948 122,890 Total Investment Securities and Certificates of Deposit $ 803,142 $ 1,432,716 Scheduled maturities of the Company's available-for-sale debt securities as of March 31, 2023 and December 31, 2022 were as follows: March 31, 2023 December 31, 2022 Amortized Fair Value Amortized Fair Value Due within one year $ 116,538 $ 116,565 $ 800,710 $ 805,190 Due after one year through five years 970 977 1,942 1,945 Total $ 117,508 $ 117,542 $ 802,652 $ 807,135 The Company has the ability and intent to hold available-for-sale securities until a recovery of fair value is equal to an amount approximating its amortized cost, which may be at maturity. Further, the securities are all U.S. Treasuries, and the Company has not incurred credit losses on its securities. As such, the Company does not consider these securities to be impaired at March 31, 2023 and has not recorded a credit allowance on these securities. Debt Securities Debt Securities are classified as available-for-sale securities within Investment Securities and Certificates of Deposit on the Unaudited Condensed Consolidated Statements of Financial Condition. These securities are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) on the Unaudited Condensed Consolidated Statements of Financial Condition and realized gains and losses included in Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statements of Operations. The Company had net realized losses of ($151) and ($34) for the three months ended March 31, 2023 and 2022, respectively. Equity Securities Equity Securities are carried at fair value with changes in fair value recorded in Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statements of Operations. The Company had net realized and unrealized gains of $163 and $11 for the three months ended March 31, 2023 and 2022, respectively. Debt Securities Carried by EGL EGL invests in a fixed income portfolio consisting primarily of U.S. Treasury bills. These securities are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statements of Operations, as required for broker-dealers in securities. The Company had net realized and unrealized gains of $6 and $21 for the three months ended March 31, 2023 and 2022, respectively. Investment Funds The Company invests in a portfolio of exchange-traded funds as an economic hedge against its deferred cash compensation program. See Note 14 for further information. These securities are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statements of Operations. The Company had net realized and unrealized gains (losses) of $9,441 and ($5,163) for the three months ended March 31, 2023 and 2022, respectively. Certificates of Deposit At March 31, 2023 and December 31, 2022, the Company held certificates of deposit of $46,948 and $122,890, respectively, with certain banks with original maturities of four months or less when purchased.

Investments

Investments	3 Months Ended
	Mar. 31, 2023
Investments [Abstract]
Investments	Investments The Company's investments reported on the Unaudited Condensed Consolidated Statements of Financial Condition consist of investments in unconsolidated affiliated companies, other investments in private equity partnerships and equity securities in private companies. The Company's investments are relatively high-risk and illiquid assets. The Company's investments in ABS Investment Management Holdings, LP and ABS Investment Management GP LLC (collectively, "ABS"), Atalanta Sosnoff Capital, LLC ("Atalanta Sosnoff"), Luminis Partners ("Luminis") and Seneca Advisors LTDA ("Seneca Evercore") are in voting interest entities. The Company's share of earnings (losses) from these investments is included within Income from Equity Method Investments on the Unaudited Condensed Consolidated Statements of Operations. The Company also has investments in private equity partnerships which consist of investment interests in private equity funds which are voting interest entities. Realized and unrealized gains and losses on private equity investments are included within Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statements of Operations. Equity Method Investments A summary of the Company's investments accounted for under the equity method of accounting as of March 31, 2023 and December 31, 2022 was as follows: March 31, 2023 December 31, 2022 ABS $ 20,047 $ 19,387 Atalanta Sosnoff 10,876 10,717 Luminis 6,098 6,092 Seneca Evercore 601 706 Total $ 37,622 $ 36,902 ABS The Company has an investment accounted for under the equity method of accounting in ABS. In January 2022, the Company entered into an agreement to sell a portion of its interest in ABS. This transaction closed on March 28, 2022 and resulted in the reduction of the Company's ownership interest from 46% to 26%. The Company received cash of $18,300 as consideration for its interests sold and recorded a gain of $1,294 for the three months ended March 31, 2022, included within Other Revenue, Including Interest and Investments, on the Unaudited Condensed Consolidated Statement of Operations. At March 31, 2023, the Company's ownership interest in ABS was 26%. This investment resulted in earnings of $1,006 and $1,199 for the three months ended March 31, 2023 and 2022, respectively, included within Income from Equity Method Investments on the Unaudited Condensed Consolidated Statements of Operations. Atalanta Sosnoff The Company has an investment accounted for under the equity method of accounting in Atalanta Sosnoff. At March 31, 2023, the Company's ownership interest in Atalanta Sosnoff was 49%. This investment resulted in earnings of $391 and $939 for the three months ended March 31, 2023 and 2022, respectively, included within Income from Equity Method Investments on the Unaudited Condensed Consolidated Statements of Operations. Luminis The Company has an investment accounted for under the equity method of accounting in Luminis. At March 31, 2023, the Company's ownership interest in Luminis was 20%. This investment resulted in earnings of $162 and $288 for the three months ended March 31, 2023 and 2022, respectively, included within Income from Equity Method Investments on the Unaudited Condensed Consolidated Statements of Operations. This investment is subject to currency translation from the Australian dollar to the U.S. dollar, included in Accumulated Other Comprehensive Income (Loss), on the Unaudited Condensed Consolidated Statements of Financial Condition . Seneca Evercore The Company has an investment accounted for under the equity method of accounting in Seneca Evercore. At March 31, 2023, the Company's ownership interest in Seneca Evercore was 20%. This investment resulted in earnings (losses) of ($91) and $86 for the three months ended March 31, 2023 and 2022, respectively, included within Income from Equity Method Investments on the Unaudited Condensed Consolidated Statements of Operations. This investment is subject to currency translation from the Brazilian real to the U.S. dollar, included in Accumulated Other Comprehensive Income (Loss), on the Unaudited Condensed Consolidated Statements of Financial Condition . Other The Company allocates the purchase price of its equity method investments, in part, to the inherent finite-lived identifiable intangible assets of the investees. The Company's share of the earnings of the investees has been reduced by the amortization of these identifiable intangible assets of $79 for each of the three months ended March 31, 2023 and 2022. The Company assesses its equity method investments for impairment annually, or more frequently if circumstances indicate impairment may have occurred. Investments in Private Equity Private Equity Funds The Company's investments related to private equity partnerships and associated entities include investments in Glisco Partners II, L.P. ("Glisco II"), Glisco Partners III, L.P. ("Glisco III"), Glisco Capital Partners IV ("Glisco IV"), Trilantic Capital Partners Associates IV, L.P. ("Trilantic IV"), Trilantic Capital Partners V, L.P. ("Trilantic V") and Trilantic Capital Partners VI (North America), L.P. ("Trilantic VI") (through January 1, 2022). Portfolio holdings of the private equity funds are carried at fair value. Accordingly, the Company reflects its pro rata share of unrealized gains and losses occurring from changes in fair value. Additionally, the Company reflects its pro rata share of realized gains, losses and carried interest associated with any investment realizations. A summary of the Company's investments in the private equity funds as of March 31, 2023 and December 31, 2022 was as follows: March 31, 2023 December 31, 2022 Glisco II, Glisco III and Glisco IV $ 3,764 $ 3,602 Trilantic IV and Trilantic V 1,742 1,939 Total Private Equity Funds $ 5,506 $ 5,541 Net realized and unrealized gains (losses) on private equity fund investments were $322 and ($83) for the three months ended March 31, 2023 and 2022, respectively. In the event the funds perform poorly, the Company may be obligated to repay certain carried interest previously distributed. As of March 31, 2023, $400 of previously distributed carried interest received from the funds was subject to repayment. On December 14, 2021, the Company entered into an agreement to sell its interests in Trilantic VI for $9,188. Consideration for this transaction was received in December 2021 and was reflected in Cash and Cash Equivalents and Other Current Liabilities on the Unaudited Condensed Consolidated Statement of Financial Condition at December 31, 2021. This transaction closed on January 1, 2022 and as of that date, the Company has no further commitments to invest in Trilantic VI. General Partners of Private Equity Funds which are VIEs The Company has concluded that Glisco Capital Partners II, Glisco Capital Partners III and Glisco Manager Holdings LP are VIEs and that the Company is not the primary beneficiary of these VIEs. The Company's assessment of the primary beneficiary of these entities included assessing which parties have the power to significantly impact the economic performance of these entities and the obligation to absorb losses, which could be potentially significant to the entities, or the right to receive benefits from the entities that could be potentially significant. Neither the Company nor its related parties will have the ability to make decisions that significantly impact the economic performance of these entities. Further, as a limited partner in these entities, the Company does not possess substantive participating rights. The Company had assets of $3,297 and $3,166 included in its Unaudited Condensed Consolidated Statements of Financial Condition at March 31, 2023 and December 31, 2022, respectively, related to these unconsolidated VIEs, representing the carrying value of the Company's investments in the entities. The Company's exposure to the obligations of these VIEs is generally limited to its investments in these entities. The Company's maximum exposure to loss as of March 31, 2023 and December 31, 2022 was $5,480 and $5,385, respectively, which represents the carrying value of the Company's investments in these VIEs, as well as any unfunded commitments to the current and future funds. Other Investments In certain instances, the Company receives equity securities in private companies in exchange for advisory services. These investments, which had a balance of $616 and $604 as of March 31, 2023 and December 31, 2022, respectively, are accounted for at their cost minus impairment, if any, plus or minus changes resulting from observable price changes.

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	Leases Operating Leases – The Company leases office space under non-cancelable lease agreements, which expire on various dates through 2035. The Company reflects lease expense over the lease terms on a straight-line basis. The lease terms include options to extend the lease when it is reasonably certain that the Company will exercise that option. Occupancy lease agreements, in addition to base rentals, generally are subject to escalation provisions based on certain costs incurred by the landlord. The Company does not have any leases with variable lease payments. Occupancy and Equipment Rental on the Unaudited Condensed Consolidated Statements of Operations includes operating lease cost for office space of $13,428 and $12,840 for the three months ended March 31, 2023 and 2022, respectively, and variable lease cost, which principally include costs for real estate taxes, common area maintenance and other operating expenses of $1,186 and $1,900 for the three months ended March 31, 2023 and 2022, respectively. In December 2022, the Company entered into a lease agreement to take on 38 rentable square feet in New York, New York. The Company took possession of this space in January 2023. The approximate additional annual expense under this lease agreement, net of certain lease incentives, is $2,300 and the lease term will end on December 31, 2035. In conjunction with the lease of office space, the Company has entered into letters of credit in the amount of $5,664 and $5,637 as of March 31, 2023 and December 31, 2022, respectively, which are secured by cash that is included in Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. The Company has entered into various operating leases for the use of office equipment (primarily computers, printers, copiers and other information technology related equipment). Occupancy and Equipment Rental on the Unaudited Condensed Consolidated Statements of Operations includes operating lease cost for office equipment of $1,450 and $1,243 for the three months ended March 31, 2023 and 2022, respectively. The Company uses its secured incremental borrowing rate to determine the present value of its right-of-use assets and lease liabilities. The determination of an appropriate incremental borrowing rate requires significant assumptions and judgment. The Company's incremental borrowing rate was calculated based on the Company's recent debt issuances and current market conditions. The Company scales the rates appropriately depending on the life of the leases. The Company incurred net operating cash outflows of $15,561 and $14,811 for the three months ended March 31, 2023 and 2022, respectively, related to its operating leases, which was net of cash received from lease incentives of $332 for the three months ended March 31, 2022. Other information as it relates to the Company's operating leases is as follows: For the Three Months Ended March 31, 2023 2022 New Right-of-Use Assets obtained in exchange for new operating lease liabilities $ 19,917 $ 5,589 March 31, 2023 March 31, 2022 Weighted-average remaining lease term - operating leases 10.5 years 10.7 years Weighted-average discount rate - operating leases 4.05 % 3.90 % As of March 31, 2023, the maturities of the undiscounted operating lease liabilities for which the Company has commenced use are as follows: 2023 (April 1 through December 31) $ 35,013 2024 44,595 2025 45,684 2026 42,049 2027 29,535 Thereafter 216,108 Total lease payments 412,984 Less: Tenant Improvement Allowances (9,457) Less: Imputed Interest (79,659) Present value of lease liabilities 323,868 Less: Current lease liabilities (34,490) Long-term lease liabilities $ 289,378 In conjunction with the lease agreement to expand its headquarters at 55 East 52nd St., New York, New York, and lease agreements at certain other locations, the Company entered into leases primarily for office space which have not yet commenced and thus are not yet included on the Company's Unaudited Condensed Consolidated Statements of Financial Condition as right-of-use assets and lease liabilities. The Company anticipates that it will take possession of these spaces by the end of 2023. These spaces will have lease terms of 3 to 13 years once the Company has taken possession. The additional future payments under these arrangements are $227,387 as of March 31, 2023.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC 820, "Fair Value Measurements and Disclosures" ("ASC 820") establishes a hierarchical disclosure framework which prioritizes and ranks the level of market price observability used in measuring investments at fair value. Market price observability is affected by a number of factors, including the type of investment and the characteristics specific to the investment. Investments with readily-available active quoted prices, or for which fair value can be measured from actively quoted prices, generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. Investments measured and reported at fair value are classified and disclosed in one of the following categories: Level 1 – Quoted prices are available in active markets for identical investments as of the reporting date. The type of investments included in Level 1 include listed equities, listed derivatives and treasury bills and notes. As required by ASC 820, the Company does not adjust the quoted price for these investments, even in situations where the Company holds a large position and a sale could reasonably impact the quoted price. Level 2 – Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reporting date, and fair value is determined through the use of models or other valuation methodologies. Periodically, the Company holds investments in corporate bonds, municipal bonds and other debt securities, the estimated fair values of which are based on prices provided by external pricing services. Level 3 – Pricing inputs are unobservable for the investment and includes situations where there is little, if any, market activity for the investment. The inputs into the determination of fair value require significant management judgment or estimation. The following table presents the categorization of investments and certain other financial assets measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022: March 31, 2023 Level 1 Level 2 Level 3 Total Debt Securities Carried by EGL $ 495,550 $ — $ — $ 495,550 Other Debt and Equity Securities (1) 126,183 — — 126,183 Investment Funds 142,604 — — 142,604 Other — 205 — 205 Total Assets Measured At Fair Value $ 764,337 $ 205 $ — $ 764,542 December 31, 2022 Level 1 Level 2 Level 3 Total Debt Securities Carried by EGL $ 365,638 $ — $ — $ 365,638 Other Debt and Equity Securities (1) 815,409 — — 815,409 Investment Funds 136,718 — — 136,718 Total Assets Measured At Fair Value $ 1,317,765 $ — $ — $ 1,317,765 (1) Includes $8,143 and $7,939 of treasury bills classified within Cash and Cash Equivalents on the Unaudited Condensed Consolidated Statements of Financial Condition as of March 31, 2023 and December 31, 2022, respectively. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. The carrying amount and estimated fair value of the Company's financial instrument assets and liabilities, which are not measured at fair value on the Unaudited Condensed Consolidated Statements of Financial Condition, are listed in the tables below. March 31, 2023 Carrying Estimated Fair Value Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 571,047 $ 571,047 $ — $ — $ 571,047 Certificates of Deposit 46,948 — 46,948 — 46,948 Receivables (1) 369,318 — 366,969 — 366,969 Contract Assets (2) 25,860 — 24,644 — 24,644 Receivable from Employees and Related Parties 20,673 — 20,673 — 20,673 Closely-held Equity Securities 616 — — 616 616 Financial Liabilities: Accounts Payable and Accrued Expenses $ 28,582 $ — $ 28,582 $ — $ 28,582 Payable to Employees and Related Parties 53,349 — 53,349 — 53,349 Notes Payable 372,494 — 355,719 — 355,719 December 31, 2022 Carrying Estimated Fair Value Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 655,461 $ 655,461 $ — $ — $ 655,461 Certificates of Deposit 122,890 — 122,890 — 122,890 Receivables (1) 449,270 — 447,051 — 447,051 Contract Assets (2) 118,496 — 117,701 — 117,701 Receivable from Employees and Related Parties 21,914 — 21,914 — 21,914 Closely-held Equity Securities 604 — — 604 604 Financial Liabilities: Accounts Payable and Accrued Expenses $ 28,807 $ — $ 28,807 $ — $ 28,807 Payable to Employees and Related Parties 41,235 — 41,235 — 41,235 Notes Payable 371,774 — 349,955 — 349,955 (1) Includes Accounts Receivable, as well as long-term receivables, which are included in Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. (2) Includes current and long-term contract assets included in Other Current Assets and Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition.

Notes Payable

Notes Payable	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Notes Payable	Notes Payable 2016 Private Placement Notes On March 30, 2016, the Company issued an aggregate of $170,000 of senior notes, including: $38,000 aggregate principal amount of its 4.88% Series A senior notes which were due March 30, 2021 (the "Series A Notes"), $67,000 aggregate principal amount of its 5.23% Series B senior notes which were originally due March 30, 2023 ("Series B Notes"), $48,000 aggregate principal amount of its 5.48% Series C senior notes due March 30, 2026 (the "Series C Notes") and $17,000 aggregate principal amount of its 5.58% Series D senior notes due March 30, 2028 (the "Series D Notes" and together with the Series A Notes, the Series B Notes and the Series C Notes, the "2016 Private Placement Notes"), pursuant to a note purchase agreement (the "2016 Note Purchase Agreement") dated as of March 30, 2016, among the Company and the purchasers party thereto in a private placement exempt from registration under the Securities Act of 1933. Interest on the 2016 Private Placement Notes is payable semi-annually and the 2016 Private Placement Notes are guaranteed by certain of the Company's domestic subsidiaries. The Company may, at its option, prepay all, or from time to time any part of, the 2016 Private Placement Notes (without regard to Series), in an amount not less than 5% of the aggregate principal amount of the 2016 Private Placement Notes then outstanding at 100% of the principal amount thereof plus an applicable "make-whole amount." Upon the occurrence of a change of control, the holders of the 2016 Private Placement Notes will have the right to require the Company to prepay the entire unpaid principal amounts held by each holder of the 2016 Private Placement Notes plus accrued and unpaid interest to the prepayment date. The 2016 Note Purchase Agreement contains customary covenants, including financial covenants requiring compliance with a maximum leverage ratio, a minimum tangible net worth and a minimum interest coverage ratio, and customary events of default. As of March 31, 2023, the Company was in compliance with all of these covenants. On June 28, 2022, the Company prepaid the $67,000 aggregate principal amount of its Series B Notes plus the applicable make-whole amount. 2019 Private Placement Notes On August 1, 2019, the Company issued $175,000 and £25,000 of senior unsecured notes through private placement. These notes reflect a weighted average life of 12 years and a weighted average stated interest rate of 4.26%. These notes include: $75,000 aggregate principal amount of its 4.34% Series E senior notes due August 1, 2029 (the "Series E Notes"), $60,000 aggregate principal amount of its 4.44% Series F senior notes due August 1, 2031 (the "Series F Notes"), $40,000 aggregate principal amount of its 4.54% Series G senior notes due August 1, 2033 (the "Series G Notes") and £25,000 aggregate principal amount of its 3.33% Series H senior notes due August 1, 2033 (the "Series H Notes" and together with the Series E Notes, the Series F Notes and the Series G Notes, the "2019 Private Placement Notes"), each of which were issued pursuant to a note purchase agreement dated as of August 1, 2019 (the "2019 Note Purchase Agreement"), among the Company and the purchasers party thereto in a private placement exempt from registration under the Securities Act of 1933. Interest on the 2019 Private Placement Notes is payable semi-annually and the 2019 Private Placement Notes are guaranteed by certain of the Company's domestic subsidiaries. The Company may, at its option, prepay all, or from time to time any part of, the 2019 Private Placement Notes (without regard to Series), in an amount not less than 5% of the aggregate principal amount of the 2019 Private Placement Notes then outstanding at 100% of the principal amount thereof plus an applicable "make-whole amount." Upon the occurrence of a change of control, the holders of the 2019 Private Placement Notes will have the right to require the Company to prepay the entire unpaid principal amounts held by each holder of the 2019 Private Placement Notes plus accrued and unpaid interest to the prepayment date. The 2019 Note Purchase Agreement contains customary covenants, including financial covenants requiring compliance with a maximum leverage ratio and a minimum tangible net worth, and customary events of default. As of March 31, 2023, the Company was in compliance with all of these covenants. 2021 Private Placement Notes On March 29, 2021, the Company issued $38,000 aggregate principal amount of its 1.97% Series I senior notes due August 1, 2025 (the "Series I Notes" or the "2021 Private Placement Notes"), pursuant to a note purchase agreement (the "2021 Note Purchase Agreement") dated as of March 29, 2021, among the Company and the purchasers party thereto in a private placement exempt from registration under the Securities Act of 1933. Interest on the 2021 Private Placement Notes is payable semi-annually and the 2021 Private Placement Notes are guaranteed by certain of the Company's domestic subsidiaries. The Company may, at its option, prepay all, or from time to time any part of, the 2021 Private Placement Notes, in an amount not less than 5% of the aggregate principal amount of the 2021 Private Placement Notes then outstanding at 100% of the principal amount thereof plus an applicable "make-whole amount." Upon the occurrence of a change of control, the holders of the 2021 Private Placement Notes will have the right to require the Company to prepay the entire unpaid principal amounts held by each holder of the 2021 Private Placement Notes plus accrued and unpaid interest to the prepayment date. The 2021 Note Purchase Agreement contains customary covenants, including financial covenants requiring compliance with a maximum leverage ratio and a minimum tangible net worth, and customary events of default. As of March 31, 2023, the Company was in compliance with all of these covenants. 2022 Private Placement Notes On June 28, 2022, the Company issued $67,000 aggregate principal amount of its 4.61% Series J senior notes due November 15, 2028 (the "Series J Notes" or the "2022 Private Placement Notes"), pursuant to a note purchase agreement (the "2022 Note Purchase Agreement") dated as of June 28, 2022, among the Company and the purchasers party thereto in a private placement exempt from registration under the Securities Act of 1933. Interest on the 2022 Private Placement Notes is payable semi-annually and the 2022 Private Placement Notes are guaranteed by certain of the Company's domestic subsidiaries. The Company may, at its option, prepay all, or from time to time any part of, the 2022 Private Placement Notes, in an amount not less than 5% of the aggregate principal amount of the 2022 Private Placement Notes then outstanding at 100% of the principal amount thereof plus an applicable "make-whole amount." Upon the occurrence of a change of control, the holders of the 2022 Private Placement Notes will have the right to require the Company to prepay the entire unpaid principal amounts held by each holder of the 2022 Private Placement Notes plus accrued and unpaid interest to the prepayment date. The 2022 Note Purchase Agreement contains customary covenants, including financial covenants requiring compliance with a maximum leverage ratio and a minimum tangible net worth, and customary events of default. As of March 31, 2023, the Company was in compliance with all of these covenants. Notes Payable is comprised of the following as of March 31, 2023 and December 31, 2022: Carrying Value (1) Note Maturity Date Effective Annual Interest Rate March 31, 2023 December 31, 2022 Evercore Inc. 5.48% Series C Senior Notes 3/30/2026 5.64 % $ 47,788 $ 47,772 Evercore Inc. 5.58% Series D Senior Notes 3/30/2028 5.72 % 16,896 16,891 Evercore Inc. 4.34% Series E Senior Notes 8/1/2029 4.46 % 74,493 74,470 Evercore Inc. 4.44% Series F Senior Notes 8/1/2031 4.55 % 59,555 59,545 Evercore Inc. 4.54% Series G Senior Notes 8/1/2033 4.64 % 39,685 39,679 Evercore Inc. 3.33% Series H Senior Notes 8/1/2033 3.42 % 30,593 30,003 Evercore Inc. 1.97% Series I Senior Notes 8/1/2025 2.20 % 37,805 37,785 Evercore Inc. 4.61% Series J Senior Notes 11/15/2028 5.02 % 65,679 65,629 Total $ 372,494 $ 371,774 (1) Carrying value has been adjusted to reflect the presentation of debt issuance costs as a direct reduction from the related liability.

Evercore Inc. Stockholders' Equ

Evercore Inc. Stockholders' Equity	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Evercore Inc. Stockholders' Equity	Evercore Inc. Stockholders' Equity Dividends – On April 25, 2023, the Company's Board of Directors declared a quarterly cash dividend of $0.76 per share to the holders of record of shares of Class A common stock ("Class A Shares") as of May 26, 2023, which will be paid on June 9, 2023. During the three months ended March 31, 2023, the Company declared and paid dividends of $0.72 per share, totaling $27,672, and accrued deferred cash dividends on unvested restricted stock units ("RSUs"), totaling $4,205. During the three months ended March 31, 2023, the Company also paid deferred cash dividends of $13,521. During the three months ended March 31, 2022, the Company declared and paid dividends of $0.68 per share, totaling $27,505, and accrued deferred cash dividends on unvested RSUs, totaling $4,128. During the three months ended March 31, 2022, the Company also paid deferred cash dividends of $14,114. Treasury Stock – During the three months ended March 31, 2023, the Company purchased 915 Class A Shares from employees at an average cost per share of $131.79, primarily for the net settlement of stock-based compensation awards, and 1,238 Class A Shares at an average cost per share of $132.50 pursuant to the Company's share repurchase program. The aggregate 2,153 Class A Shares were purchased at an average cost per share of $132.20, and the result of these purchases was an increase in Treasury Stock of $284,566 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2023. LP Units – During the three months ended March 31, 2023, 24 Evercore LP partnership units ("LP Units") were exchanged for Class A Shares, resulting in an increase to Additional Paid-In-Capital of $1,478 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2023. See Note 12 for further information. Accumulated Other Comprehensive Income (Loss) – As of March 31, 2023, Accumulated Other Comprehensive Income (Loss) on the Company's Unaudited Condensed Consolidated Statement of Financial Condition includes an accumulated Unrealized Gain (Loss) on Securities and Investments, net, and Foreign Currency Translation Adjustment Gain (Loss), net, of ($5,413) and ($20,270), respectively.

Noncontrolling Interest

Noncontrolling Interest	3 Months Ended
	Mar. 31, 2023
Noncontrolling Interest [Abstract]
Noncontrolling Interest	Noncontrolling Interest Noncontrolling Interest recorded in the unaudited condensed consolidated financial statements of the Company relates to the following approximate interests in certain consolidated subsidiaries, which are not owned by the Company. In circumstances where the governing documents of the entity to which the noncontrolling interest relates require special allocations of profits or losses to the controlling and noncontrolling interest holders, the net income or loss of these entities is allocated based on these special allocations. Noncontrolling ownership interests for the Company's subsidiaries were as follows: As of March 31, 2023 2022 Evercore LP (1) 7 % 6 % Evercore Wealth Management ("EWM") (2) 25 % 25 % (1) On February 24, 2022, 2,545 Class E limited partnership units of Evercore LP ("Class E LP Units") were exchanged for 2,545 Class A Shares, which resulted in a decrease in noncontrolling interest of Evercore LP. For further information see " LP Units Exchanged" below. (2) Noncontrolling Interests represent a blended rate for multiple classes of interests in EWM. The Noncontrolling Interests for Evercore LP and EWM have rights, in certain circumstances, to convert into Class A Shares. The Company has outstanding Class A limited partnership units of Evercore LP ("Class A LP Units"), Class E LP Units, Class I limited partnership units of Evercore LP ("Class I LP Units") and Class K limited partnership units of Evercore LP ("Class K LP Units"), which give the holders the right to receive Class A Shares upon exchange on a one-for-one basis. See Note 13 for further information. During the period January 1, 2023 through December 31, 2023, the Company has the option to purchase, at fair value, a portion of the outstanding EWM Class A Units such that the noncontrolling interest holders would continue to hold no less than 25% of the outstanding units following the transaction. This transaction may be settled in cash, Evercore LP Units or Class A shares of the Company, at the Company’s discretion. If the Company has not exercised its option prior to the end of the option period, or the noncontrolling interest holders continue to hold greater than 25% of the outstanding units following the transaction, the noncontrolling interest holders may exchange their interests for Evercore LP Units, at fair value, sufficient to reduce their outstanding interest to 25%. As of March 31, 2023, the EWM members held 25% of the outstanding EWM Units. Changes in Noncontrolling Interest for the three months ended March 31, 2023 and 2022 were as follows: For the Three Months Ended March 31, 2023 2022 Beginning balance $ 189,607 $ 314,910 Comprehensive Income: Net Income Attributable to Noncontrolling Interest 8,863 19,078 Other Comprehensive Income (Loss) 216 (273) Total Comprehensive Income 9,079 18,805 Evercore LP Units Exchanged for Class A Shares (1,478) (157,777) Amortization and Vesting of LP Units 6,460 6,221 Other Items: Distributions to Noncontrolling Interests (10,390) (4,740) Issuance of Noncontrolling Interest — 300 Purchase of Noncontrolling Interest — (87) Total Other Items (10,390) (4,527) Ending balance $ 193,278 $ 177,632 Other Comprehensive Income – Other Comprehensive Income (Loss) Attributed to Noncontrolling Interest includes unrealized gains (losses) on securities and investments, net, of ($283) for the three months ended March 31, 2023, and foreign currency translation adjustment gains (losses), net, of $499 and ($273) for the three months ended March 31, 2023 and 2022, respectively. LP Units Exchanged – On February 24, 2022, the Company entered into an agreement (the "Exchange Agreement") with ISI Holding, Inc. ("ISI Holding"), the principal stockholder of which is Ed Hyman, an executive officer of the Company. Pursuant to the Exchange Agreement, ISI Holding exercised its existing conversion rights under the terms of the partnership agreement of Evercore LP to exchange (the "Exchange") all 2,545 of the Class E LP Units owned by it for 2,545 Class A Shares. Following the Exchange, ISI Holding liquidated and distributed the Class A Shares received in the Exchange to its stockholders in accordance with their ownership interests in ISI Holding. The parties have relied on the exemption from the registration requirements of the Securities Act of 1933 under Section 4(a)(2) thereof for the Exchange. During the three months ended March 31, 2023, 24 LP Units were exchanged for Class A Shares. This resulted in a decrease to Noncontrolling Interest of $1,478 and an increase to Additional-Paid-In-Capital of $1,478 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2023. See Note 11 for further information. Interests Purchased – During the first quarter of 2022, the Company purchased, at fair value, an additional 0.4% of the EWM Class A Units for $1,448 (which was paid in cash in April 2022 and was included within Other Current Liabilities on the Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2022). This purchase resulted in a decrease to Noncontrolling Interest of $87 and a decrease to Additional-Paid-In-Capital of $1,361 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2022. On December 31, 2021, the Company purchased, at fair value, all of the outstanding Class R Interests of Private Capital Advisory L.P. from employees of the RECA business for $54,297. Consideration for this transaction included the payment of $6,000 of cash in 2021, $27,710 of cash during the three months ended March 31, 2022, and contingent cash consideration which is due to be settled in early 2024. The Company paid $715 of this contingent cash consideration during the three months ended March 31, 2023. The fair value of the remaining contingent consideration is $5,122 as of March 31, 2023, which is included within Payable to Employees and Related Parties on the Company's Unaudited Condensed Consolidated Statements of Financial Condition, and $6,119 as of December 31, 2022, $1,083 of which was included within Other Current Liabilities and the remainder of which was included within Other Long-term Liabilities on the Company's Unaudited Condensed Consolidated

Net Income Per Share Attributab

Net Income Per Share Attributable to Evercore Inc. Common Shareholders	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Net Income Per Share Attributable to Evercore Inc. Common Shareholders	Net Income Per Share Attributable to Evercore Inc. Common Shareholders The calculations of basic and diluted net income per share attributable to Evercore Inc. common shareholders for the three months ended March 31, 2023 and 2022 are described and presented below. For the Three Months Ended March 31, 2023 2022 Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders Numerator: Net income attributable to Evercore Inc. common shareholders $ 83,378 $ 158,016 Denominator: Weighted average Class A Shares outstanding, including vested RSUs 38,510 39,176 Basic net income per share attributable to Evercore Inc. common shareholders $ 2.17 $ 4.03 Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders Numerator: Net income attributable to Evercore Inc. common shareholders $ 83,378 $ 158,016 Noncontrolling interest related to the assumed exchange of LP Units for Class A Shares (1) — — Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above (1) — — Diluted net income attributable to Evercore Inc. common shareholders $ 83,378 $ 158,016 Denominator: Weighted average Class A Shares outstanding, including vested RSUs 38,510 39,176 Assumed exchange of LP Units for Class A Shares (1) — — Additional shares of the Company's common stock assumed to be issued pursuant to non-vested RSUs, as calculated using the Treasury Stock Method (2) 1,808 2,117 Shares that are contingently issuable (3) 121 415 Diluted weighted average Class A Shares outstanding 40,439 41,708 Diluted net income per share attributable to Evercore Inc. common shareholders $ 2.06 $ 3.79 (1) The Company has outstanding Class A, E, I and K LP Units, which give the holders the right to receive Class A Shares upon exchange on a one-for-one basis. During the three months ended March 31, 2023 and 2022, these LP Units were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income per share attributable to Evercore Inc. common shareholders. The units that would have been included in the denominator of the computation of diluted net income per share attributable to Evercore Inc. common shareholders if the effect would have been dilutive were 2,756 and 3,943 for the three months ended March 31, 2023 and 2022, respectively. The adjustment to the numerator, diluted net income attributable to Class A common shareholders, if the effect would have been dilutive, would have been $6,986 and $15,066 for the three months ended March 31, 2023 and 2022, respectively. In computing this adjustment, the Company assumes that all Class A, E, I and K LP Units are converted into Class A Shares, that all earnings attributable to those shares are attributed to Evercore Inc. and that the Company is subject to the statutory tax rates of a C-Corporation under a conventional corporate tax structure in the U.S. at prevailing corporate tax rates. The Company does not anticipate that the Class A, E, I and K LP Units will result in a dilutive computation in future periods. (2) During the three months ended March 31, 2023 and 2022, certain shares of the Company's common stock assumed to be issued pursuant to non-vested RSUs, as calculated using the Treasury Stock Method, were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income per share attributable to Evercore Inc. common shareholders. The shares that would have been included in the treasury stock method calculation if the effect would have been dilutive were 2,239 and 2,165 for the three months ended March 31, 2023 and 2022, respectively. (3) The Company previously had outstanding Class I-P units of Evercore LP ("Class I-P Units") which were contingently exchangeable into Class I LP Units, and ultimately Class A Shares, and has outstanding Class K-P units of Evercore LP ("Class K-P Units") which are contingently exchangeable into Class K LP Units, and ultimately Class A Shares, as they are subject to certain performance thresholds being achieved. On March 1, 2022, all of the Class I-P Units converted to Class I LP Units. See Note 14 for further information. For the purposes of calculating diluted net income per share attributable to Evercore Inc. common shareholders, the Company's Class I-P Units and Class K-P Units are included in diluted weighted average Class A Shares outstanding as of the beginning of the period in which all necessary performance conditions have been satisfied. If all necessary performance conditions have not been satisfied by the end of the period, the number of shares that are included in diluted weighted average Class A Shares outstanding is based on the number of shares that would be issuable if the end of the reporting period were the end of the performance period. The shares of Class B common stock have no right to receive dividends or a distribution on liquidation or winding up of the Company. The shares of Class B common stock do not share in the earnings of the Company and no earnings are allocable to such class. Accordingly, basic and diluted net income per share of Class B common stock have not been presented.

Share-Based and Other Deferred

Share-Based and Other Deferred Compensation	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based and Other Deferred Compensation	Share-Based and Other Deferred Compensation LP Units Class I-P Units – In November 2016, the Company awarded 400 Class I-P Units in conjunction with the appointment of the Chief Executive Officer (then Executive Chairman). These Class I-P Units converted into 400 Class I LP Units (which are exchangeable on a one -for-one basis to Class A Shares) upon the achievement of certain market and service conditions on March 1, 2022. Compensation expense related to this award was $753 for the three months ended March 31, 2022 . Class K-P Units – The Company has awarded the following Class K-P Units: • In June 2019, the Company awarded 220 Class K-P Units to an employee of the Company. These Class K-P Units convert into a number of Class K LP Units (which are exchangeable on a one-for-one basis to Class A Shares) contingent and based upon the achievement of certain defined benchmark results relating to the employee's business and continued service through February 4, 2023 for the first tranche, which consists of 120 Class K-P Units, and February 4, 2028 for the second tranche, which consists of 100 Class K-P Units. In February 2023, the first tranche of 120 Class K-P Units converted into 193 Class K LP Units upon the achievement of certain performance and service conditions. • In December 2021, the Company awarded 400 Class K-P Units to certain employees of the Company. These Class K-P Units convert into a number of Class K LP Units (which are exchangeable on a one-for-one basis to Class A Shares) contingent and based upon the achievement of certain market conditions, defined benchmark results and continued service through December 31, 2025. As this award contains market, performance and service conditions, the expense for this award will be recognized over the service period of the award and will reflect the fair value of the underlying units as determined at the award's grant date, taking into account the probable outcome of the market condition being achieved, as well as the probable outcome of the performance condition. • In December 2022, the Company awarded 200 Class K-P Units to an employee of the Company. These Class K-P Units are segregated into four tranches of 50 Class K-P Units each. The first three tranches convert into a number of Class K LP Units (which are exchangeable on a one-for-one basis to Class A Shares) contingent and based upon the achievement of certain market conditions and continued service through February 28, 2025, 2026 and 2027, respectively, while the final tranche converts into a number of Class K LP Units (which are exchangeable on a one-for-one basis to Class A Shares) contingent and based upon the achievement of certain market conditions, defined benchmark results relating to the employee's business and continued service through February 28, 2028. As this award contains market, performance and service conditions, the expense for this award will be recognized over the service period of the award and will reflect the fair value of the underlying units as determined at the award's grant date, taking into account the probable outcome of the market condition being achieved, as well as the probable outcome of the performance condition. These Class K-P Units in the aggregate may convert into a maximum of 1,293 Class K LP Units, contingent upon the achievement of certain market conditions, defined benchmark results and continued service, as described above. The Company determined the grant date fair value of these awards probable to vest as of March 31, 2023 to be $99,519, related to 896 Class K LP Units which were probable of achievement, and recognizes expense for these units over the respective service periods. Aggregate compensation expense related to the Class K-P Units was $6,407 and $5,468 for the three months ended March 31, 2023 and 2022, respectively. Class L Interests – In April 2021 and January 2022, the Company's Board of Directors approved the issuance of Class L Interests in Evercore LP ("Class L Interests") to certain of the named executive officers of the Company, pursuant to which the named executive officers received a discretionary distribution of profits from Evercore LP, which was paid in the first quarter of 2022 and 2023, respectively. Distributions pursuant to these interests were made in lieu of any cash incentive compensation payments which may otherwise have been made to the named executive officers of the Company in respect of their service for 2021 and 2022, respectively. Following the distribution, these Class L Interests were cancelled pursuant to their terms. In January 2023, the Company's Board of Directors approved the issuance of Class L Interests to certain of the named executive officers of the Company, pursuant to which the named executive officers may receive a discretionary distribution of profits from Evercore LP, to be paid in the first quarter of 2024. Distributions pursuant to these interests are anticipated to be made in lieu of any cash incentive compensation payments which may otherwise have been made to the named executive officers of the Company in respect of their service for 2023. The Company records expense related to these interests as part of its accrual for incentive compensation within Employee Compensation and Benefits on the Unaudited Condensed Consolidated Statements of Operations. Stock Incentive Plan During 2022, the Company's stockholders approved the Second Amended and Restated 2016 Evercore Inc. Stock Incentive Plan (the "Second Amended 2016 Plan"), which amended the Amended and Restated 2016 Evercore Inc. Stock Incentive Plan. The Second Amended 2016 Plan, among other things, authorizes an additional 6,500 shares of the Company's Class A Shares. The Second Amended 2016 Plan permits the Company to grant to certain employees, directors and consultants incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, RSUs and other awards based on the Company's Class A Shares. The Company intends to use newly-issued Class A Shares to satisfy any awards under the Second Amended 2016 Plan and its predecessor plan. Class A Shares underlying any award granted under the Second Amended 2016 Plan that expire, terminate or are canceled or satisfied for any reason without being settled in stock again become available for awards under the plan. The total shares available to be granted in the future under the Second Amended 2016 Plan was 5,196 as of March 31, 2023. The Company also grants, at its discretion, dividend equivalents, in the form of unvested RSU awards, or deferred cash dividends, concurrently with the payment of dividends to the holders of Class A Shares, on all unvested RSU grants. The dividend equivalents have the same vesting and delivery terms as the underlying RSU award. The Company estimates forfeitures in the aggregate compensation cost to be amortized over the requisite service period of its awards. The Company periodically monitors its estimated forfeiture rate and adjusts its assumptions to the actual occurrence of forfeited awards. A change in estimated forfeitures is recognized through a cumulative adjustment in the period of the change. Equity Grants During the three months ended March 31, 2023, pursuant to the Second Amended 2016 Plan, the Company granted employees 2,393 RSUs that are Service-based Awards. Service-based Awards granted during the three months ended March 31, 2023 had grant date fair values of $129.08 to $136.02 per share, with an average value of $136.02 per share, for an aggregate fair value of $325,447, and generally vest ratably over four years. During the three months ended March 31, 2023, 2,061 Service-based Awards vested and 34 Service-based Awards were forfeited. Compensation expense related to Service-based Awards was $66,488 and $60,247 for the three months ended March 31, 2023 and 2022, respectively. Deferred Cash Deferred Cash Compensation Program – The Company's deferred cash compensation program provides participants the ability to elect to receive a portion of their deferred compensation in cash, which is indexed to notional investment portfolios selected by the participant and generally vests ratably over four years and requires payment upon vesting. The Company granted $162,748 of deferred cash awards pursuant to the deferred cash compensation program during the first quarter of 2023. Compensation expense related to the Company's deferred cash compensation program was $39,762 and $30,537 for the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, the Company expects to pay an aggregate of $352,179 related to the Company's deferred cash compensation program at various dates through 2027 and total compensation expense not yet recognized related to these awards was $278,795. The weighted-average period over which this compensation cost is expected to be recognized is 29 months. Amounts due pursuant to this program are expensed over the service period of the award and are reflected in Accrued Compensation and Benefits on the Unaudited Condensed Consolidated Statement of Financial Condition. Other Deferred Cash Awards – In November 2016, the Company granted a restricted cash award in conjunction with the appointment of the Chief Executive Officer (then Executive Chairman) with a payment amount of $35,000, of which $11,000 vested on March 1, 2019 and $6,000 vested on each of March 1, 2020, 2021, 2022 and 2023, upon the achievement of service conditions. In 2017, the Company granted deferred cash awards of $29,500 to certain employees. These awards vested in five equal installments over the period ending June 30, 2022, subject to continued employment. The Company recognized expense for these awards ratably over the vesting period. During the first quarter of 2022, the Company granted $19,861 of deferred cash awards to certain employees. These awards vest ratably over one In addition, the Company periodically grants other deferred cash awards to certain employees. The Company recognizes expense for these awards ratably over the vesting period. Compensation expense related to other deferred cash awards was $4,328 and $4,820 for the three months ended March 31, 2023 and 2022, respectively. Long-term Incentive Plan The Company's Long-term Incentive Plan provides for incentive compensation awards to Advisory Senior Managing Directors, excluding executive officers of the Company, who exceed defined benchmark results over four-year performance periods beginning January 1, 2017 (the "2017 Long-term Incentive Plan", which ended on December 31, 2020) and January 1, 2021 (the "2021 Long-term Incentive Plan", which was approved by the Company's Board of Directors in April 2021 and modified in July 2021). The vesting period for the 2017 Long-term Incentive Plan ended on March 15, 2023 and in conjunction with this plan, the Company distributed cash payments of $48,331 in the three months ended March 31, 2023, $3,940 in the three months ended March 31, 2022 and $92,938 in the year ended December 31, 2021 (including the first cash distribution made in March 2021 of $48,461, and an additional cash distribution made in December 2021 of $44,477, related to the acceleration of certain amounts due in the first quarter of 2022). Amounts due pursuant to the 2021 Long-term Incentive Plan of $100,855 are included within Other Long-Term Liabilities on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2023 and are due to be paid in cash or Class A Shares, at the Company's discretion, in the first quarter of 2025, 2026 and 2027, subject to employment at the time of payment. The Company periodically assesses the probability of the benchmarks being achieved and expenses the probable payout over the requisite service period of the award. The Company recorded compensation expense related to the 2017 Long-term Incentive Plan and 2021 Long-term Incentive Plan of $12,640 and $15,285 for the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, the total remaining expense to be recognized for the 2021 Long-term Incentive Plan over the future vesting period ending March 15, 2027, based on the current anticipated probable payout for the plan, is $149,280. Employee Loans Receivable Periodically, the Company provides new and existing employees with cash payments in the form of loans and/or other cash awards which are subject to ratable vesting terms with service requirements ranging from one As of March 31, 2023, the total compensation cost not yet recognized related to these awards was $34,274. Separation and Transition Benefits The following table presents the change in the Company's liability related to separation benefits, stay arrangements and accelerated deferred cash compensation (together, the "Termination Costs") for the three months ended March 31, 2023 and 2022: For the Three Months Ended March 31, 2023 2022 Beginning Balance $ 4,997 $ 675 Termination Costs Incurred 1,474 219 Cash Benefits Paid (5,332) (564) Non-Cash Charges — (115) Ending Balance $ 1,139 $ 215 In addition to the above Termination Costs incurred, for the three months ended March 31, 2023 and 2022, the Company also incurred expenses related to the acceleration of the amortization of share-based payments previously granted to affected employees of $564 and $414, respectively, (related to 6 and 7 RSUs, respectively) recorded in Employee Compensation and Benefits, within the Investment Banking & Equities segment, on the Company's Unaudited Condensed Consolidated Statements of Operations.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies For a further discussion of the Company's commitments, refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Private Equity – As of March 31, 2023, the Company had unfunded commitments for capital contributions of $2,592 to private equity funds. These commitments will be funded as required through the end of each private equity fund's investment period, subject to certain conditions. Such commitments are satisfied in cash and are generally required to be made as investment opportunities are consummated by the private equity funds. Lines of Credit – Evercore Partners Services East L.L.C. ("East") entered into a loan agreement with PNC Bank, National Association ("PNC") for a revolving credit facility in an aggregate principal amount, as amended on October 29, 2021, (the "Existing PNC Facility"), of up to $30,000, to be used for working capital and other corporate activities. This facility is secured by East's accounts receivable and the proceeds therefrom, as well as certain assets of EGL, including certain of EGL's accounts receivable. In addition, the agreement contains certain reporting covenants, as well as certain debt covenants that prohibit East and the Company from incurring other indebtedness, subject to specified exceptions. The Company and its consolidated subsidiaries were in compliance with these covenants as of March 31, 2023. The interest rate provisions are LIBOR (or an applicable benchmark replacement) plus 150 basis points and the maturity date is October 28, 2023. There were no drawings under this facility at March 31, 2023. East entered into an additional loan agreement with PNC for a revolving credit facility in an aggregate principal amount, as amended on October 29, 2021, of up to $55,000, to be used for working capital and other corporate activities. This facility is unsecured. In addition, the agreement contains certain reporting requirements and debt covenants consistent with the Existing PNC Facility. The Company and its consolidated subsidiaries were in compliance with these covenants as of March 31, 2023. Drawings under this facility bear interest at LIBOR (or an applicable benchmark replacement) plus 180 basis points and the maturity date is October 28, 2023. East is only permitted to borrow under this facility if there is no undrawn availability under the Existing PNC Facility and must repay indebtedness under this facility prior to repaying indebtedness under the Existing PNC Facility. There were no drawings under this facility at March 31, 2023. EGL entered into a subordinated revolving credit facility with PNC in an aggregate principal amount, as amended on October 31, 2022, of up to $75,000, to be used as needed in support of capital requirements from time to time of EGL. This facility is unsecured and is guaranteed by Evercore LP and other affiliates, pursuant to a guaranty agreement, which provides for certain reporting requirements and debt covenants consistent with the Existing PNC Facility. The interest rate provisions are Daily SOFR plus 191 basis points and the maturity date is October 27, 2024. There were no drawings under this facility at March 31, 2023. In addition, EGL's clearing broker provides temporary funding for the settlement of securities transactions. Other Commitments – The Company has a commitment for contingent consideration related to the purchase of the outstanding Class R Interests of Private Capital Advisory L.P. from employees of the RECA business in 2021. The Company’s consideration for this transaction included contingent cash consideration which is due to be settled in 2024. The Company paid $715 of this contingent cash consideration during the three months ended March 31, 2023. The fair value of the remaining contingent consideration is $5,122 as of March 31, 2023, which is included within Payable to Employees and Related Parties on the Company's Unaudited Condensed Consolidated Statements of Financial Condition, and $6,119 as of December 31, 2022, $1,083 of which was included within Other Current Liabilities and the remainder of which was included within Other Long-term Liabilities on the Company's Unaudited Condensed Consolidated Statements of Financial Condition. The amount of contingent consideration to be paid is dependent on the RECA business achieving certain revenue performance targets. See Note 12 for further information. Restricted Cash – The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Unaudited Condensed Consolidated Statements of Financial Condition that sum to the total of amounts shown in the Unaudited Condensed Consolidated Statements of Cash Flows: March 31, 2023 2022 Cash and Cash Equivalents $ 579,190 $ 454,768 Restricted Cash included in Other Assets 8,935 9,126 Total Cash, Cash Equivalents and Restricted Cash shown in the Statement of Cash Flows $ 588,125 $ 463,894 Restricted Cash included in Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition primarily represents letters of credit which are secured by cash as collateral for the lease of office space and security deposits for certain equipment. The restrictions will lapse when the leases end. Self-Funded Medical Insurance Program – Effective January 1, 2023, the Company changed its medical insurance plan in the U.S. from a fully insured to a self-funded plan. The Company is liable for the funding of claims under the self-funded plan. The Company also maintains stop-loss insurance for its medical plan to provide coverage for claims over a defined financial threshold. The Company recorded a liability of $3,530 during the quarter ended March 31, 2023 related to the estimated present value of incurred but not reported claims, which is included within Accrued Compensation and Benefits on the Unaudited Condensed Consolidated Statement of Financial Condition. Foreign Exchange – Periodically, the Company enters into foreign currency exchange forward contracts as an economic hedge against exchange rate risk for foreign currency denominated accounts receivable or other commitments. The Company entered into a foreign currency exchange forward contract during the first quarter of 2023 to buy 30,000 British Pounds sterling for $36,903, which will settle during the third quarter of 2023. The contract is recorded at its fair value of $205 as of March 31, 2023, and is included within Other Current Assets on the Unaudited Condensed Consolidated Statement of Financial Condition. Contingencies In the normal course of business, from time to time, the Company and its affiliates are involved in judicial or regulatory proceedings, arbitration or mediation concerning matters arising in connection with the conduct of its businesses, including contractual and employment matters. In addition, United Kingdom, German, Hong Kong, Singapore, Canadian, Dubai and United States government agencies and self-regulatory organizations, as well as state securities commissions in the United States, conduct periodic examinations and initiate administrative proceedings regarding the Company's business, including, among other matters, accounting and operational matters, that can result in censure, fine, the issuance of cease-and-desist orders or the suspension or expulsion of a broker-dealer, investment advisor, or its directors, officers or employees. In view of the inherent difficulty of determining whether any loss in connection with such matters is probable and whether the amount of such loss can be reasonably estimated, particularly in cases where claimants seek substantial or indeterminate damages or where investigations and proceedings are in the early stages, the Company cannot estimate the amount of such loss or range of loss, if any, related to such matters, how or if such matters will be resolved, when they will ultimately be resolved, or what the eventual settlement, fine, penalty or other relief, if any, might be. Subject to the foregoing, the Company believes, based on current knowledge and after consultation with counsel, that it is not currently party to any material pending proceedings, individually or in the aggregate, the resolution of which would have a material effect on the Company. Provisions for losses are established in accordance with ASC 450, "Contingencies"

Regulatory Authorities

Regulatory Authorities	3 Months Ended
	Mar. 31, 2023
Broker-Dealer [Abstract]
Regulatory Authorities	Regulatory Authorities EGL is a U.S. registered broker-dealer and is subject to the net capital requirements of Rule 15c3-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Under the Alternative Net Capital Requirement, EGL's minimum net capital requirement is $250. EGL's regulatory net capital as of March 31, 2023 and December 31, 2022 was $465,198 and $274,131, respectively, which exceeded the minimum net capital requirement by $464,948 and $273,881, respectively. Certain other non-U.S. subsidiaries are subject to various securities and banking regulations and capital adequacy requirements promulgated by the regulatory and exchange authorities of the countries in which they operate. These subsidiaries are in excess of their local capital adequacy requirements at March 31, 2023.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company's Provision for Income Taxes was $16,131 and $34,782 for the three months ended March 31, 2023 and 2022, respectively. The effective tax rate was 14.9% and 16.4% for the three months ended March 31, 2023 and 2022, respectively. The effective tax rate reflects the recognition of net excess tax benefits associated with appreciation in the Company's share price upon vesting of employee share-based awards above the original grant price of $13,731 and $19,036 for the three months ended March 31, 2023 and 2022, respectively, which resulted in a reduction in the effective tax rate of 12.7 and 9.0 percentage points for the three months ended March 31, 2023 and 2022, respectively. The effective tax rate for the three months ended March 31, 2023 and 2022 also reflects the effect of certain nondeductible expenses, including expenses related to Class I-P and K-P Units, as well as the noncontrolling interest associated with LP Units and other adjustments. Additionally, the Company is subject to the income tax effects associated with the global intangible low-taxed income ("GILTI") provisions in the period incurred. For the three months ended March 31, 2023 and 2022, no additional income tax expense associated with the GILTI provisions has been recognized and it is not expected to be material to the Company's effective tax rate for the year. The Company recorded an increase in deferred tax assets of $1,022 associated with changes in Unrealized Gain (Loss) on Securities and Investments and a decrease of $1,809 associated with changes in Foreign Currency Translation Adjustment Gain (Loss), in Accumulated Other Comprehensive Income (Loss) for the three months ended March 31, 2023. The Company recorded a decrease in deferred tax assets of $1 associated with changes in Unrealized Gain (Loss) on Securities and Investments and an increase of $965 associated with changes in Foreign Currency Translation Adjustment Gain (Loss), in Accumulated Other Comprehensive Income (Loss) for the three months ended March 31, 2022. The Company classifies interest relating to tax matters and tax penalties as a component of income tax expense in its Unaudited Condensed Consolidated Statements of Operations. As of March 31, 2023, there were $359 of unrecognized tax

Segment Operating Results

Segment Operating Results	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Operating Results	Segment Operating Results Business Segments – The Company's business results are categorized into the following two segments: Investment Banking & Equities and Investment Management. The Investment Banking & Equities segment includes providing advice to clients on significant mergers, acquisitions, divestitures and other strategic corporate transactions, as well as services related to securities underwriting, private placement services and commissions for agency-based equity trading services and equity research. The Investment Management segment includes Wealth Management and interests in private equity funds which are not managed by the Company. The Company's segment information for the three months ended March 31, 2023 and 2022 is prepared using the following methodology: • Revenue, expenses and income (loss) from equity method investments directly associated with each segment are included in determining pre-tax income. • Expenses not directly associated with specific segments are allocated based on the most relevant measures applicable, including headcount, square footage and other performance and time-based factors. • Segment assets are based on those directly associated with each segment, or for certain assets shared across segments, those assets are allocated based on the most relevant measures applicable, including headcount and other factors. • Investment gains and losses, interest income and interest expense are allocated between the segments based on the segment in which the underlying asset or liability is held. Other Revenue, net, included in each segment's Net Revenues includes the following: • Interest income, including accretion, and income (losses) on investment securities, including the Company's investment funds which are used as an economic hedge against the Company's deferred cash compensation program, certificates of deposit, cash and cash equivalents and long-term accounts receivable • A gain on the sale of a portion of the Company's interests in ABS in the first quarter of 2022. See Note 7 for further information • Gains (losses) resulting from foreign currency exchange rate fluctuations and foreign currency exchange forward contracts • Realized and unrealized gains and losses on interests in private equity funds which are not managed by the Company • Interest expense associated with the Company’s Notes Payable and lines of credit • Adjustments to amounts due pursuant to the Company’s tax receivable agreement, subsequent to its initial establishment, related to changes in enacted tax rates Each segment's Operating Expenses include: a) employee compensation and benefits expenses that are incurred directly in support of the segment and b) non-compensation expenses, which include expenses for premises and occupancy, professional fees, travel and entertainment, communications and information services, execution, clearing and custody fees, equipment and indirect support costs (including compensation and other operating expenses related thereto) for administrative services. Such administrative services include, but are not limited to, accounting, tax, legal, technology, human capital, facilities management and senior management activities. Other Expenses includes Special Charges, Including Business Realignment Costs, related to the write-off of non-recoverable assets in connection with the wind-down of the Company's operations in Mexico. The Company evaluates segment results based on net revenues and pre-tax income, both including and excluding the impact of the Other Expenses. No client accounted for more than 10% of the Company's Consolidated Net Revenues for the three months ended March 31, 2023 and 2022. The following information presents each segment's contribution. For the Three Months Ended March 31, 2023 2022 Investment Banking & Equities Net Revenues (1) $ 554,811 $ 704,301 Operating Expenses 449,080 500,572 Other Expenses 2,921 — Operating Income 102,810 203,729 Income from Equity Method Investments 71 374 Pre-Tax Income $ 102,881 $ 204,103 Identifiable Segment Assets $ 2,608,350 $ 2,787,619 Investment Management Net Revenues (1) $ 17,332 $ 18,553 Operating Expenses 13,238 12,918 Operating Income 4,094 5,635 Income from Equity Method Investments 1,397 2,138 Pre-Tax Income $ 5,491 $ 7,773 Identifiable Segment Assets $ 142,122 $ 150,745 Total Net Revenues (1) $ 572,143 $ 722,854 Operating Expenses 462,318 513,490 Other Expenses 2,921 — Operating Income 106,904 209,364 Income from Equity Method Investments 1,468 2,512 Pre-Tax Income $ 108,372 $ 211,876 Identifiable Segment Assets $ 2,750,472 $ 2,938,364 (1) Net Revenues include Other Revenue, net, allocated to the segments as follows: For the Three Months Ended March 31, 2023 2022 Investment Banking & Equities (A) $ 21,301 $ (7,467) Investment Management 1,374 1,438 Total Other Revenue, net $ 22,675 $ (6,029) (A) Other Revenue, net, from the Investment Banking & Equities segment includes interest expense on the Notes Payable and lines of credit of $4,171 and $4,250 for the three months ended March 31, 2023 and 2022, respectively. Geographic Information – The Company manages its business based on the profitability of the enterprise as a whole. The Company's revenues were derived from clients located and managed in the following geographical areas: For the Three Months Ended March 31, 2023 2022 Net Revenues: (1) United States $ 395,188 $ 610,731 Europe and Other 152,527 112,065 Latin America 1,753 6,087 Total $ 549,468 $ 728,883 (1) Excludes Other Revenue, Including Interest and Investments, and Interest Expense. The Company's total assets are located in the following geographical areas: March 31, 2023 December 31, 2022 Total Assets: United States $ 2,195,361 $ 2,902,153 Europe and Other 555,111 718,770 Total $ 2,750,472 $ 3,620,923

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation, Policy	Basis of Presentation – The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with the instructions to Form 10-Q. As permitted by the rules and regulations of the United States Securities and Exchange Commission, the unaudited condensed consolidated financial statements contain certain condensed financial information and exclude certain footnote disclosures normally included in audited consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The accompanying condensed consolidated financial statements are unaudited and are prepared in accordance with U.S. GAAP. In the opinion of the Company's management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, including normal recurring accruals, necessary to fairly present the accompanying unaudited condensed consolidated financial statements. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company's annual report on Form 10-K for the year ended December 31, 2022. The December 31, 2022 Unaudited Condensed Consolidated Statement of Financial Condition data was derived from audited consolidated financial statements, but does not include all disclosures required by U.S. GAAP. Operating results for interim periods are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2023. The accompanying unaudited condensed consolidated financial statements of the Company are comprised of the consolidation of Evercore LP and Evercore LP's wholly-owned and majority-owned direct and indirect subsidiaries, including Evercore Group L.L.C. ("EGL"), a registered broker-dealer in the U.S. The Company's policy is to consolidate all subsidiaries in which it has a controlling financial interest, as well as any variable interest entities ("VIEs") where the Company is deemed to be the primary beneficiary, when it has the power to make the decisions that most significantly affect the economic performance of the VIE and has the obligation to absorb significant losses or the right to receive benefits that could potentially be significant to the VIE. The Company reviews factors, including the rights of the equity holders and obligations of equity holders to absorb losses or receive expected residual returns, to determine if the investment is a VIE. In evaluating whether the Company is the primary beneficiary, the Company evaluates its economic interests in the entity held either directly or indirectly by the Company. The consolidation analysis is generally performed qualitatively. This analysis, which requires judgment, is performed at each reporting date. Evercore LP is a VIE and the Company is the primary beneficiary. Specifically, the Company has the majority economic interest in Evercore LP and has decision making authority that significantly affects the economic performance of the entity while the limited partners have no kick-out or substantive participating rights. The assets and liabilities of Evercore LP represent substantially all of the consolidated assets and liabilities of the Company with the exception of U.S. corporate taxes and related items, which are presented on the Company's (Parent Company Only) Condensed Statements of Financial Condition in Note 24 to the Company's consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Evercore ISI International Limited ("Evercore ISI U.K."), Evercore Partners International LLP ("Evercore U.K."), Evercore (Japan) Ltd. ("Evercore Japan"), Evercore Consulting (Beijing) Co. Ltd. ("Evercore Beijing") and Evercore Partners Canada Ltd. ("Evercore Canada") are also VIEs, and the Company is the primary beneficiary of these VIEs. Specifically for Evercore ISI U.K., Evercore Japan, Evercore Beijing and Evercore Canada, the Company provides financial support through transfer pricing agreements with these entities, which exposes the Company to losses that are potentially significant to these entities, and has decision making authority that significantly affects the economic performance of these entities. The Company has the majority economic interest in Evercore U.K. and has decision making authority that significantly affects the economic performance of this entity. The Company included in its Unaudited Condensed Consolidated Statements of Financial Condition Evercore ISI U.K., Evercore U.K., Evercore Japan, Evercore Beijing and Evercore Canada assets of $291,905 and liabilities of $144,272 at March 31, 2023 and assets of $584,192 and liabilities of $247,884 at December 31, 2022. All intercompany balances and transactions with the Company's subsidiaries have been eliminated upon consolidation.

Revenue and Accounts Receivab_2

Revenue and Accounts Receivable (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table presents revenue recognized by the Company for the three months ended March 31, 2023 and 2022: For the Three Months Ended March 31, 2023 2022 Investment Banking & Equities: Advisory Fees $ 462,562 $ 624,564 Underwriting Fees 22,883 36,306 Commissions and Related Revenue 48,065 50,898 Total Investment Banking & Equities $ 533,510 $ 711,768 Investment Management: Asset Management and Administration Fees: Wealth Management $ 15,958 $ 17,115 Total Investment Management $ 15,958 $ 17,115
Contract with Customer, Asset and Liability [Table Text Block]	The change in the Company’s contract assets and liabilities during the following periods primarily reflects timing differences between the Company’s performance and the client’s payment. The Company’s receivables, contract assets and deferred revenue (contract liabilities) for the three months ended March 31, 2023 and 2022 are as follows: For the Three Months Ended March 31, 2023 Receivables (Current) (1) Receivables (Long-term) (2) Contract Assets (Current) (3) Contract Assets (Long-term) (2) Deferred Revenue (Current Contract Liabilities) (4) Deferred Revenue (Long-term Contract Liabilities) (5) Balance at January 1, 2023 $ 385,131 $ 64,139 $ 110,468 $ 8,028 $ 5,071 $ — Increase (Decrease) (85,974) 6,022 (96,505) 3,869 873 — Balance at March 31, 2023 $ 299,157 $ 70,161 $ 13,963 $ 11,897 $ 5,944 $ — For the Three Months Ended March 31, 2022 Receivables (Current) (1) Receivables (Long-term) (2) Contract Assets (Current) (3) Contract Assets (Long-term) (2) Deferred Revenue (Current Contract Liabilities) (4) Deferred Revenue (Long-term Contract Liabilities) (5) Balance at January 1, 2022 $ 351,668 $ 87,764 $ 14,092 $ 12,945 $ 9,257 $ 147 Increase (Decrease) (37,991) (12,541) 30,493 (4,411) 1,827 — Balance at March 31, 2022 $ 313,677 $ 75,223 $ 44,585 $ 8,534 $ 11,084 $ 147 (1) Included in Accounts Receivable on the Unaudited Condensed Consolidated Statements of Financial Condition. (2) Included in Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. (3) Included in Other Current Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. (4) Included in Other Current Liabilities on the Unaudited Condensed Consolidated Statements of Financial Condition. (5) Included in Other Long-term Liabilities on the Unaudited Condensed Consolidated Statements of Financial Condition.
Accounts Receivable, Allowance for Credit Loss [Table Text Block]	The allowance for credit losses for the three months ended March 31, 2023 and 2022 is as follows: For the Three Months Ended March 31, 2023 2022 Beginning Balance $ 4,683 $ 2,704 Bad debt expense, net of reversals 3,734 (519) Write-offs, foreign currency translation and other adjustments (1,200) (131) Ending Balance $ 7,217 $ 2,054
Accounts Receivable, Noncurrent, Credit Quality Indicator [Table Text Block]	For long-term accounts receivable and long-term contract assets, the Company monitors clients’ creditworthiness based on collection experience and other internal metrics. The following table presents the Company’s long-term accounts receivable and long-term contract assets from the Company's private and secondary fund advisory businesses as of March 31, 2023, by year of origination: Amortized Carrying Value by Origination Year 2023 2022 2021 2020 2019 Total Long-term Accounts Receivable and Long-Term Contract Assets $ 13,537 $ 40,369 $ 20,781 $ 5,816 $ 1,555 $ 82,058

Investment Securities and Cer_2

Investment Securities and Certificates of Deposit (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Unrealized Gain (Loss) on Investments	The Company's Investment Securities and Certificates of Deposit as of March 31, 2023 and December 31, 2022 were as follows: March 31, 2023 December 31, 2022 Cost Gross Gross Fair Value Cost Gross Gross Fair Value Debt Securities $ 117,508 $ 34 $ — $ 117,542 $ 802,652 $ 4,483 $ — $ 807,135 Equity Securities 558 — 60 498 558 — 223 335 Debt Securities Carried by EGL 494,113 1,437 — 495,550 363,824 1,814 — 365,638 Investment Funds 145,784 521 3,701 142,604 144,343 531 8,156 136,718 Total Investment Securities (carried at fair value) $ 757,963 $ 1,992 $ 3,761 $ 756,194 $ 1,311,377 $ 6,828 $ 8,379 $ 1,309,826 Certificates of Deposit (carried at contract value) 46,948 122,890 Total Investment Securities and Certificates of Deposit $ 803,142 $ 1,432,716
Investments Classified by Contractual Maturity Date	Scheduled maturities of the Company's available-for-sale debt securities as of March 31, 2023 and December 31, 2022 were as follows: March 31, 2023 December 31, 2022 Amortized Fair Value Amortized Fair Value Due within one year $ 116,538 $ 116,565 $ 800,710 $ 805,190 Due after one year through five years 970 977 1,942 1,945 Total $ 117,508 $ 117,542 $ 802,652 $ 807,135

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2023
Other Equity Method Investments [Member]
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments	A summary of the Company's investments accounted for under the equity method of accounting as of March 31, 2023 and December 31, 2022 was as follows: March 31, 2023 December 31, 2022 ABS $ 20,047 $ 19,387 Atalanta Sosnoff 10,876 10,717 Luminis 6,098 6,092 Seneca Evercore 601 706 Total $ 37,622 $ 36,902
Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments	A summary of the Company's investments in the private equity funds as of March 31, 2023 and December 31, 2022 was as follows: March 31, 2023 December 31, 2022 Glisco II, Glisco III and Glisco IV $ 3,764 $ 3,602 Trilantic IV and Trilantic V 1,742 1,939 Total Private Equity Funds $ 5,506 $ 5,541

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Supplemental Operating Lease Information [Table Text Block]	Other information as it relates to the Company's operating leases is as follows: For the Three Months Ended March 31, 2023 2022 New Right-of-Use Assets obtained in exchange for new operating lease liabilities $ 19,917 $ 5,589 March 31, 2023 March 31, 2022 Weighted-average remaining lease term - operating leases 10.5 years 10.7 years Weighted-average discount rate - operating leases 4.05 % 3.90 %
Maturities of Undiscounted Operating Lease Liabilities	As of March 31, 2023, the maturities of the undiscounted operating lease liabilities for which the Company has commenced use are as follows: 2023 (April 1 through December 31) $ 35,013 2024 44,595 2025 45,684 2026 42,049 2027 29,535 Thereafter 216,108 Total lease payments 412,984 Less: Tenant Improvement Allowances (9,457) Less: Imputed Interest (79,659) Present value of lease liabilities 323,868 Less: Current lease liabilities (34,490) Long-term lease liabilities $ 289,378

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Categorization of Investments and Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the categorization of investments and certain other financial assets measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022: March 31, 2023 Level 1 Level 2 Level 3 Total Debt Securities Carried by EGL $ 495,550 $ — $ — $ 495,550 Other Debt and Equity Securities (1) 126,183 — — 126,183 Investment Funds 142,604 — — 142,604 Other — 205 — 205 Total Assets Measured At Fair Value $ 764,337 $ 205 $ — $ 764,542 December 31, 2022 Level 1 Level 2 Level 3 Total Debt Securities Carried by EGL $ 365,638 $ — $ — $ 365,638 Other Debt and Equity Securities (1) 815,409 — — 815,409 Investment Funds 136,718 — — 136,718 Total Assets Measured At Fair Value $ 1,317,765 $ — $ — $ 1,317,765 (1) Includes $8,143 and $7,939 of treasury bills classified within Cash and Cash Equivalents on the Unaudited Condensed Consolidated Statements of Financial Condition as of March 31, 2023 and December 31, 2022, respectively.
Carrying Amount and Estimated Fair Value of Financial Instrument Assets and Liabilities which are Not Measured at Fair Value	The carrying amount and estimated fair value of the Company's financial instrument assets and liabilities, which are not measured at fair value on the Unaudited Condensed Consolidated Statements of Financial Condition, are listed in the tables below. March 31, 2023 Carrying Estimated Fair Value Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 571,047 $ 571,047 $ — $ — $ 571,047 Certificates of Deposit 46,948 — 46,948 — 46,948 Receivables (1) 369,318 — 366,969 — 366,969 Contract Assets (2) 25,860 — 24,644 — 24,644 Receivable from Employees and Related Parties 20,673 — 20,673 — 20,673 Closely-held Equity Securities 616 — — 616 616 Financial Liabilities: Accounts Payable and Accrued Expenses $ 28,582 $ — $ 28,582 $ — $ 28,582 Payable to Employees and Related Parties 53,349 — 53,349 — 53,349 Notes Payable 372,494 — 355,719 — 355,719 December 31, 2022 Carrying Estimated Fair Value Amount Level 1 Level 2 Level 3 Total Financial Assets: Cash and Cash Equivalents $ 655,461 $ 655,461 $ — $ — $ 655,461 Certificates of Deposit 122,890 — 122,890 — 122,890 Receivables (1) 449,270 — 447,051 — 447,051 Contract Assets (2) 118,496 — 117,701 — 117,701 Receivable from Employees and Related Parties 21,914 — 21,914 — 21,914 Closely-held Equity Securities 604 — — 604 604 Financial Liabilities: Accounts Payable and Accrued Expenses $ 28,807 $ — $ 28,807 $ — $ 28,807 Payable to Employees and Related Parties 41,235 — 41,235 — 41,235 Notes Payable 371,774 — 349,955 — 349,955 (1) Includes Accounts Receivable, as well as long-term receivables, which are included in Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition. (2) Includes current and long-term contract assets included in Other Current Assets and Other Assets on the Unaudited Condensed Consolidated Statements of Financial Condition.

Notes Payable (Tables)

Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Debt	Notes Payable is comprised of the following as of March 31, 2023 and December 31, 2022: Carrying Value (1) Note Maturity Date Effective Annual Interest Rate March 31, 2023 December 31, 2022 Evercore Inc. 5.48% Series C Senior Notes 3/30/2026 5.64 % $ 47,788 $ 47,772 Evercore Inc. 5.58% Series D Senior Notes 3/30/2028 5.72 % 16,896 16,891 Evercore Inc. 4.34% Series E Senior Notes 8/1/2029 4.46 % 74,493 74,470 Evercore Inc. 4.44% Series F Senior Notes 8/1/2031 4.55 % 59,555 59,545 Evercore Inc. 4.54% Series G Senior Notes 8/1/2033 4.64 % 39,685 39,679 Evercore Inc. 3.33% Series H Senior Notes 8/1/2033 3.42 % 30,593 30,003 Evercore Inc. 1.97% Series I Senior Notes 8/1/2025 2.20 % 37,805 37,785 Evercore Inc. 4.61% Series J Senior Notes 11/15/2028 5.02 % 65,679 65,629 Total $ 372,494 $ 371,774 (1) Carrying value has been adjusted to reflect the presentation of debt issuance costs as a direct reduction from the related liability.

Noncontrolling Interest (Tables

Noncontrolling Interest (Tables)	3 Months Ended
	Mar. 31, 2023
Noncontrolling Interest [Abstract]
Schedule of Noncontrolling Interest	As of March 31, 2023 2022 Evercore LP (1) 7 % 6 % Evercore Wealth Management ("EWM") (2) 25 % 25 % (1) On February 24, 2022, 2,545 Class E limited partnership units of Evercore LP ("Class E LP Units") were exchanged for 2,545 Class A Shares, which resulted in a decrease in noncontrolling interest of Evercore LP. For further information see " LP Units Exchanged" below. (2) Noncontrolling Interests represent a blended rate for multiple classes of interests in EWM.
Changes in Noncontrolling Interest	Changes in Noncontrolling Interest for the three months ended March 31, 2023 and 2022 were as follows: For the Three Months Ended March 31, 2023 2022 Beginning balance $ 189,607 $ 314,910 Comprehensive Income: Net Income Attributable to Noncontrolling Interest 8,863 19,078 Other Comprehensive Income (Loss) 216 (273) Total Comprehensive Income 9,079 18,805 Evercore LP Units Exchanged for Class A Shares (1,478) (157,777) Amortization and Vesting of LP Units 6,460 6,221 Other Items: Distributions to Noncontrolling Interests (10,390) (4,740) Issuance of Noncontrolling Interest — 300 Purchase of Noncontrolling Interest — (87) Total Other Items (10,390) (4,527) Ending balance $ 193,278 $ 177,632

Net Income Per Share Attribut_2

Net Income Per Share Attributable to Evercore Inc. Common Shareholders (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income Per Share	The calculations of basic and diluted net income per share attributable to Evercore Inc. common shareholders for the three months ended March 31, 2023 and 2022 are described and presented below. For the Three Months Ended March 31, 2023 2022 Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders Numerator: Net income attributable to Evercore Inc. common shareholders $ 83,378 $ 158,016 Denominator: Weighted average Class A Shares outstanding, including vested RSUs 38,510 39,176 Basic net income per share attributable to Evercore Inc. common shareholders $ 2.17 $ 4.03 Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders Numerator: Net income attributable to Evercore Inc. common shareholders $ 83,378 $ 158,016 Noncontrolling interest related to the assumed exchange of LP Units for Class A Shares (1) — — Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above (1) — — Diluted net income attributable to Evercore Inc. common shareholders $ 83,378 $ 158,016 Denominator: Weighted average Class A Shares outstanding, including vested RSUs 38,510 39,176 Assumed exchange of LP Units for Class A Shares (1) — — Additional shares of the Company's common stock assumed to be issued pursuant to non-vested RSUs, as calculated using the Treasury Stock Method (2) 1,808 2,117 Shares that are contingently issuable (3) 121 415 Diluted weighted average Class A Shares outstanding 40,439 41,708 Diluted net income per share attributable to Evercore Inc. common shareholders $ 2.06 $ 3.79 (1) The Company has outstanding Class A, E, I and K LP Units, which give the holders the right to receive Class A Shares upon exchange on a one-for-one basis. During the three months ended March 31, 2023 and 2022, these LP Units were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income per share attributable to Evercore Inc. common shareholders. The units that would have been included in the denominator of the computation of diluted net income per share attributable to Evercore Inc. common shareholders if the effect would have been dilutive were 2,756 and 3,943 for the three months ended March 31, 2023 and 2022, respectively. The adjustment to the numerator, diluted net income attributable to Class A common shareholders, if the effect would have been dilutive, would have been $6,986 and $15,066 for the three months ended March 31, 2023 and 2022, respectively. In computing this adjustment, the Company assumes that all Class A, E, I and K LP Units are converted into Class A Shares, that all earnings attributable to those shares are attributed to Evercore Inc. and that the Company is subject to the statutory tax rates of a C-Corporation under a conventional corporate tax structure in the U.S. at prevailing corporate tax rates. The Company does not anticipate that the Class A, E, I and K LP Units will result in a dilutive computation in future periods. (2) During the three months ended March 31, 2023 and 2022, certain shares of the Company's common stock assumed to be issued pursuant to non-vested RSUs, as calculated using the Treasury Stock Method, were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income per share attributable to Evercore Inc. common shareholders. The shares that would have been included in the treasury stock method calculation if the effect would have been dilutive were 2,239 and 2,165 for the three months ended March 31, 2023 and 2022, respectively.

Share-Based and Other Deferre_2

Share-Based and Other Deferred Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Restructuring and Related Costs [Table Text Block]	The following table presents the change in the Company's liability related to separation benefits, stay arrangements and accelerated deferred cash compensation (together, the "Termination Costs") for the three months ended March 31, 2023 and 2022: For the Three Months Ended March 31, 2023 2022 Beginning Balance $ 4,997 $ 675 Termination Costs Incurred 1,474 219 Cash Benefits Paid (5,332) (564) Non-Cash Charges — (115) Ending Balance $ 1,139 $ 215

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Unaudited Condensed Consolidated Statements of Financial Condition that sum to the total of amounts shown in the Unaudited Condensed Consolidated Statements of Cash Flows: March 31, 2023 2022 Cash and Cash Equivalents $ 579,190 $ 454,768 Restricted Cash included in Other Assets 8,935 9,126 Total Cash, Cash Equivalents and Restricted Cash shown in the Statement of Cash Flows $ 588,125 $ 463,894

Segment Operating Results (Tabl

Segment Operating Results (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Information Regarding Operations By Segment	The following information presents each segment's contribution. For the Three Months Ended March 31, 2023 2022 Investment Banking & Equities Net Revenues (1) $ 554,811 $ 704,301 Operating Expenses 449,080 500,572 Other Expenses 2,921 — Operating Income 102,810 203,729 Income from Equity Method Investments 71 374 Pre-Tax Income $ 102,881 $ 204,103 Identifiable Segment Assets $ 2,608,350 $ 2,787,619 Investment Management Net Revenues (1) $ 17,332 $ 18,553 Operating Expenses 13,238 12,918 Operating Income 4,094 5,635 Income from Equity Method Investments 1,397 2,138 Pre-Tax Income $ 5,491 $ 7,773 Identifiable Segment Assets $ 142,122 $ 150,745 Total Net Revenues (1) $ 572,143 $ 722,854 Operating Expenses 462,318 513,490 Other Expenses 2,921 — Operating Income 106,904 209,364 Income from Equity Method Investments 1,468 2,512 Pre-Tax Income $ 108,372 $ 211,876 Identifiable Segment Assets $ 2,750,472 $ 2,938,364 (1) Net Revenues include Other Revenue, net, allocated to the segments as follows: For the Three Months Ended March 31, 2023 2022 Investment Banking & Equities (A) $ 21,301 $ (7,467) Investment Management 1,374 1,438 Total Other Revenue, net $ 22,675 $ (6,029) (A) Other Revenue, net, from the Investment Banking & Equities segment includes interest expense on the Notes Payable and lines of credit of $4,171 and $4,250 for the three months ended March 31, 2023 and 2022, respectively.
Revenues Derived from Clients by Geographical Areas	The Company's revenues were derived from clients located and managed in the following geographical areas: For the Three Months Ended March 31, 2023 2022 Net Revenues: (1) United States $ 395,188 $ 610,731 Europe and Other 152,527 112,065 Latin America 1,753 6,087 Total $ 549,468 $ 728,883 (1) Excludes Other Revenue, Including Interest and Investments, and Interest Expense.
Assets by Geographic Areas	The Company's total assets are located in the following geographical areas: March 31, 2023 December 31, 2022 Total Assets: United States $ 2,195,361 $ 2,902,153 Europe and Other 555,111 718,770 Total $ 2,750,472 $ 3,620,923

Significant Accounting Polici_3

Significant Accounting Policies (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Significant Accounting Policies [Line Items]
Total Assets	$ 2,750,472	$ 3,620,923	$ 2,938,364
Total Liabilities	1,181,261	1,894,505
Variable Interest Entity, Primary Beneficiary [Member]
Significant Accounting Policies [Line Items]
Total Assets	291,905	584,192
Total Liabilities	$ 144,272	$ 247,884

Revenue and Accounts Receivab_3

Revenue and Accounts Receivable - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Investment Banking and Equities [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer	$ 533,510	$ 711,768
Investment Banking and Equities [Member] | Advisory Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer	462,562	624,564
Investment Banking and Equities [Member] | Underwriting Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer	22,883	36,306
Investment Banking and Equities [Member] | Commissions and Related Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer	48,065	50,898
Investment Management [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer	15,958	17,115
Investment Management [Member] | Wealth Management [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer	$ 15,958	$ 17,115

Revenue and Accounts Receivab_4

Revenue and Accounts Receivable - Contract Balances (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Contract with Customer, Asset, Net, Current [Roll Forward]
Contract with Customer, Receivable, Net, Current	$ 385,131	$ 351,668
Contract with Customer, Receivable, Current, Net Increase (Decrease)	(85,974)	(37,991)
Contract with Customer, Receivable, Net, Current	299,157	313,677
Contract with Customer, Asset, Gross, Current	110,468	14,092
Contract with Customer, Contract Asset, Current, Net Increase (Decrease)	(96,505)	30,493
Contract with Customer, Asset, Gross, Current	13,963	44,585
Contract with Customer, Asset, Net, Noncurrent [Roll Forward]
Contract with Customer, Receivable, Net, Noncurrent	64,139	87,764
Contract with Customer, Receivable, NonCurrent, Net Increase (Decrease)	6,022	(12,541)
Contract with Customer, Receivable, Net, Noncurrent	70,161	75,223
Contract with Customer, Asset, Gross, Noncurrent	8,028	12,945
Increase (Decrease) in Contract Receivables, Net	3,869	(4,411)
Contract with Customer, Asset, Gross, Noncurrent	11,897	8,534
Contract with Customer, Liability, Current [Roll Forward]
Contract with Customer, Liability, Current	5,071	9,257
Contract with Customer, Liability, Current, Net Increase (Decrease)	873	1,827
Contract with Customer, Liability, Current	5,944	11,084
Contract with Customer, Liability, Noncurrent [Roll Forward]
Contract with Customer, Liability, Noncurrent	0	147
Contract with Customer, Liability, Noncurrent, Net Increase (Decrease)	0	0
Contract with Customer, Liability, Noncurrent	$ 0	$ 147

Revenue and Accounts Receivab_5

Revenue and Accounts Receivable - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 4,683	$ 2,704
Bad Debt Expense	3,734	(519)
Write-offs, foreign currency translation and other adjustments	(1,200)	(131)
Ending Balance	$ 7,217	$ 2,054

Revenue and Accounts Receivab_6

Revenue and Accounts Receivable - Long-Term Accounts Receivable and Contract Assets (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Accounts Receivable, Noncurrent, Originated in Current Fiscal Year	$ 13,537
Accounts Receivable, Noncurrent, Originated in Fiscal Year before Latest Fiscal Year	40,369
Accounts Receivable, Noncurrent, Originated Two Years before Latest Fiscal Year	20,781
Accounts Receivable, Noncurrent, Originated Three Years before Latest Fiscal Year	5,816
Accounts Receivable, Noncurrent, Originated Four Years before Latest Fiscal Year	1,555
Accounts Receivable, Noncurrent, Not Past Due	$ 82,058

Revenue and Accounts Receivab_7

Revenue and Accounts Receivable - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract With Customer Liability Revenue Recognized That Was Initially Recorded As Deferred Revenue	$ 3,547	$ 4,208
Period in Which Performance Obligations Under Client Arrangements Settled	1 year

Related Parties Additional Info

Related Parties Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Other Assets [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Noncurrent	$ 14,354		$ 16,928
Investment Banking and Equities [Member] | Director [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	$ 1,668	$ 2,860

Investment Securities and Cer_3

Investment Securities and Certificates of Deposit - Amortized Cost and Estimated Fair Value of Investment Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	$ 117,508	$ 802,652
Debt Securities, Available-for-sale	117,542	807,135
Investment Securities, Amortized Cost Basis	757,963	1,311,377
Investment Securities, Accumulated Gross Unrealized Gain, before Tax	1,992	6,828
Investment Securities, Accumulated Gross Unrealized Loss, before Tax	3,761	8,379
Investment Securities	756,194	1,309,826
Certificates of Deposit, at Carrying Value	46,948	122,890
Investment Securities and Certificates of Deposit	803,142	1,432,716
Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	117,508	802,652
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	34	4,483
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Available-for-sale	117,542	807,135
Equity Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Equity Securities, FV-NI, Cost	558	558
Trading Securities, Accumulated Gross Unrealized Gain, before Tax	0	0
Trading Securities, Accumulated Gross Unrealized Loss, before Tax	60	223
Equity Securities, FV-NI	498	335
Debt Securities Carried by EGL
Debt Securities, Available-for-sale [Line Items]
Trading Securities, Accumulated Gross Unrealized Gain, before Tax	1,437	1,814
Trading Securities, Accumulated Gross Unrealized Loss, before Tax	0	0
Debt Securities, Trading, Amortized Cost	494,113	363,824
Debt Securities, Trading	495,550	365,638
Investment Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Equity Securities, FV-NI, Cost	145,784	144,343
Trading Securities, Accumulated Gross Unrealized Gain, before Tax	521	531
Trading Securities, Accumulated Gross Unrealized Loss, before Tax	3,701	8,156
Equity Securities, FV-NI	$ 142,604	$ 136,718

Investment Securities and Cer_4

Investment Securities and Certificates of Deposit - Scheduled Maturities of Available-for-Sale Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Due within one year, amortized cost	$ 116,538	$ 800,710
Due after one year through five years, amortized cost	970	1,942
Debt Securities, Available-for-sale, Amortized Cost	117,508	802,652
Due within one year, fair value	116,565	805,190
Due after one year through five years, fair value	977	1,945
Total, fair value	$ 117,542	$ 807,135

Investment Securities and Cer_5

Investment Securities and Certificates of Deposit - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Schedule Of Marketable Securities [Line Items]
Certificates of Deposit, at Carrying Value	$ 46,948		$ 122,890
Certificates of Deposit
Schedule Of Marketable Securities [Line Items]
Cash and Cash Equivalents Maturity	4 months
Debt Securities [Member]
Schedule Of Marketable Securities [Line Items]
Investment Securities, Realized Gains (Losses)	$ (151)	$ (34)
Equity Securities [Member]
Schedule Of Marketable Securities [Line Items]
Investment Securities, Realized and Unrealized Gains (Losses)	163	11
Debt Securities Carried by EGL
Schedule Of Marketable Securities [Line Items]
Investment Securities, Realized and Unrealized Gains (Losses)	6	21
Investment Funds [Member]
Schedule Of Marketable Securities [Line Items]
Investment Securities, Realized and Unrealized Gains (Losses)	$ 9,441	$ (5,163)

Investments - Summary of Other

Investments - Summary of Other Equity Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	$ 37,622	$ 36,902
ABS [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	20,047	19,387
Atalanta Sosnoff [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	10,876	10,717
Luminis [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	6,098	6,092
Seneca Evercore [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	$ 601	$ 706

Investments - Additional Inform

Investments - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Dec. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Mar. 28, 2022	Jan. 31, 2022
Schedule of Investments [Line Items]
Income from Equity Method Investments		$ 1,468	$ 2,512
Net Realized and Unrealized Gains (Losses) on Private Equity Fund Investments		322	(83)
Previously Received Carried Interest Subject to Repayment		400
Total Assets		2,750,472	2,938,364	$ 3,620,923
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount		5,480		5,385
Equity Securities without Readily Determinable Fair Value, Amount		616		604
Variable Interest Entity, Not Primary Beneficiary [Member]
Schedule of Investments [Line Items]
Total Assets		3,297		$ 3,166
Equity Method Investments [Member]
Schedule of Investments [Line Items]
Amortization of Intangible Assets		$ 79	79
ABS [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage		26%			26%	46%
Proceeds from Sale of Equity Method Investments			18,300
Income from Equity Method Investments		$ 1,006	1,199
ABS [Member] | Other Revenue, Including Interest and Investments
Schedule of Investments [Line Items]
Equity Method Investment, Realized Gain (Loss) on Disposal			1,294
Atalanta Sosnoff [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage		49%
Income from Equity Method Investments		$ 391	939
Luminis [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage		20%
Income from Equity Method Investments		$ 162	288
Seneca Evercore [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage		20%
Income from Equity Method Investments		$ (91)	$ 86
Trilantic VI [Member]
Schedule of Investments [Line Items]
Proceeds from Sale of Equity Method Investments	$ 9,188

Investments - Summary of Invest

Investments - Summary of Investments in Private Equity Funds (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	$ 37,622	$ 36,902
Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	5,506	5,541
Glisco II, III and IV [Member] | Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	3,764	3,602
Trilantic IV and V [Member] | Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	$ 1,742	$ 1,939

Leases (Details)

Leases (Details) ft² in Thousands, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($) ft²
Lessee, Lease, Description [Line Items]
Operating Lease, Cost	$ 13,428	$ 12,840
Variable Lease, Cost	1,186	1,900
Net rentable area (in square feet) | ft²				38
Operating Lease, Payments	15,561	14,811
Operating Lease, Incentive Payments Received		332
Future lease payments	$ 227,387
Forecast [Member] | Annual Expense
Lessee, Lease, Description [Line Items]
Operating Lease, Cost			$ 2,300
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract	3 years
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract	13 years
Letter of Credit [Member]
Lessee, Lease, Description [Line Items]
Other Assets	$ 5,664			$ 5,637
Office Equipment [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Cost	$ 1,450	$ 1,243

Leases - Supplemental Operating

Leases - Supplemental Operating Lease Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 19,917	$ 5,589
Operating Lease, Weighted Average Remaining Lease Term	10 years 6 months	10 years 8 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	4.05%	3.90%

Leases - Maturities of Undiscou

Leases - Maturities of Undiscounted Operating Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
2023 (April 1 through December 31)	$ 35,013
2024	44,595
2025	45,684
2026	42,049
2027	29,535
Thereafter	216,108
Total lease payments	412,984
Tenant Improvement Allowances	(9,457)
Imputed Interest	(79,659)
Operating Lease, Liability	323,868
Current Operating Lease Liabilities	(34,490)	$ (37,968)
Long-term Operating Lease Liabilities	$ 289,378	$ 278,078

Fair Value Measurements - Categ

Fair Value Measurements - Categorization of Investments and Certain Other Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 764,542	$ 1,317,765
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	764,337	1,317,765
Cash and Cash Equivalents	571,047	655,461
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	205	0
Cash and Cash Equivalents	0	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Cash and Cash Equivalents	0	0
Debt Securities Carried by EGL
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	495,550	365,638
Debt Securities Carried by EGL | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	495,550	365,638
Debt Securities Carried by EGL | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Debt Securities Carried by EGL | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Other Debt and Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	126,183	815,409
Other Debt and Equity Securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	126,183	815,409
Other Debt and Equity Securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Other Debt and Equity Securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Investment Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	142,604	136,718
Investment Funds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	142,604	136,718
Investment Funds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Investment Funds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Other [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	205
Other [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0
Other [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	205
Other [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0
Treasury Bills, Municipal Bonds and Commercial Paper [Member] | Other Debt and Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	$ 8,143	$ 7,939

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amount and Estimated Fair Value of Financial Instrument Assets and Liabilities which are Not Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Level 1 [Member]
Financial Assets:
Cash and Cash Equivalents	$ 571,047	$ 655,461
Certificates of Deposit	0	0
Receivables(1)	0	0
Contract Assets(2)	0	0
Receivable from Employees and Related Parties	0	0
Closely-held Equity Securities	0	0
Financial Liabilities:
Accounts Payable and Accrued Expenses	0	0
Payable to Employees and Related Parties	0	0
Notes Payable	0	0
Level 2 [Member]
Financial Assets:
Cash and Cash Equivalents	0	0
Certificates of Deposit	46,948	122,890
Receivables(1)	366,969	447,051
Contract Assets(2)	24,644	117,701
Receivable from Employees and Related Parties	20,673	21,914
Closely-held Equity Securities	0	0
Financial Liabilities:
Accounts Payable and Accrued Expenses	28,582	28,807
Payable to Employees and Related Parties	53,349	41,235
Notes Payable	355,719	349,955
Level 3 [Member]
Financial Assets:
Cash and Cash Equivalents	0	0
Certificates of Deposit	0	0
Receivables(1)	0	0
Contract Assets(2)	0	0
Receivable from Employees and Related Parties	0	0
Closely-held Equity Securities	616	604
Financial Liabilities:
Accounts Payable and Accrued Expenses	0	0
Payable to Employees and Related Parties	0	0
Notes Payable	0	0
Carrying Amount [Member]
Financial Assets:
Cash and Cash Equivalents	571,047	655,461
Certificates of Deposit	46,948	122,890
Receivables(1)	369,318	449,270
Contract Assets(2)	25,860	118,496
Receivable from Employees and Related Parties	20,673	21,914
Closely-held Equity Securities	616	604
Financial Liabilities:
Accounts Payable and Accrued Expenses	28,582	28,807
Payable to Employees and Related Parties	53,349	41,235
Notes Payable	372,494	371,774
Total [Member]
Financial Assets:
Cash and Cash Equivalents	571,047	655,461
Certificates of Deposit	46,948	122,890
Receivables(1)	366,969	447,051
Contract Assets(2)	24,644	117,701
Receivable from Employees and Related Parties	20,673	21,914
Closely-held Equity Securities	616	604
Financial Liabilities:
Accounts Payable and Accrued Expenses	28,582	28,807
Payable to Employees and Related Parties	53,349	41,235
Notes Payable	$ 355,719	$ 349,955

Notes Payable - Additional Info

Notes Payable - Additional Information (Details)			3 Months Ended
	Jun. 28, 2022 USD ($)	Aug. 01, 2019 USD ($)	Mar. 31, 2023	Mar. 29, 2021 USD ($)	Aug. 01, 2019 GBP (£)	Mar. 30, 2016 USD ($)
Debt Instrument [Line Items]
Minimum Repayment of Aggregate Principal Amount of Senior Notes (as a percent)			5%
Outstanding Principal Amount of Senior Notes (as a percent)			100%
Parent Company [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount						$ 170,000,000
Long-term Debt, Weighted Average Life		12 years
Long-term Debt, Weighted Average Interest Rate, at Point in Time (as a percent)		4.26%			4.26%
Parent Company [Member] | Senior Notes [Member] | United States of America, Dollars
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount		$ 175,000,000
Parent Company [Member] | Senior Notes [Member] | United Kingdom, Pounds
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount | £					£ 25,000,000
Parent Company [Member] | Series A Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount						$ 38,000,000
Debt Instrument, Interest Rate, Stated Percentage						4.88%
Parent Company [Member] | Series B Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount						$ 67,000,000
Debt Instrument, Interest Rate, Stated Percentage						5.23%
Extinguishment of Debt, Amount	$ 67,000,000
Parent Company [Member] | Series C Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount						$ 48,000,000
Debt Instrument, Interest Rate, Stated Percentage						5.48%
Parent Company [Member] | Series D Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount						$ 17,000,000
Debt Instrument, Interest Rate, Stated Percentage						5.58%
Parent Company [Member] | Series E Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount		$ 75,000,000
Debt Instrument, Interest Rate, Stated Percentage		4.34%			4.34%
Parent Company [Member] | Series F Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount		$ 60,000,000
Debt Instrument, Interest Rate, Stated Percentage		4.44%			4.44%
Parent Company [Member] | Series G Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount		$ 40,000,000
Debt Instrument, Interest Rate, Stated Percentage		4.54%			4.54%
Parent Company [Member] | Series H Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount | £					£ 25,000,000
Debt Instrument, Interest Rate, Stated Percentage		3.33%			3.33%
Parent Company [Member] | Series I Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount				$ 38,000,000
Debt Instrument, Interest Rate, Stated Percentage				1.97%
Parent Company [Member] | Series J Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Aggregate Principal Amount	$ 67,000,000
Debt Instrument, Interest Rate, Stated Percentage	4.61%

Notes Payable - Schedule of Deb

Notes Payable - Schedule of Debt (Details) - Senior Notes [Member] - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Notes Payable	$ 372,494	$ 371,774
Series C Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	5.64%
Carrying Value	$ 47,788	47,772
Series D Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	5.72%
Carrying Value	$ 16,896	16,891
Series E Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	4.46%
Carrying Value	$ 74,493	74,470
Series F Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	4.55%
Carrying Value	$ 59,555	59,545
Series G Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	4.64%
Carrying Value	$ 39,685	39,679
Series H Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	3.42%
Carrying Value	$ 30,593	30,003
Series I Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	2.20%
Carrying Value	$ 37,805	37,785
Series J Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate (as a percent)	5.02%
Carrying Value	$ 65,679	$ 65,629

Evercore Inc. Stockholders' E_2

Evercore Inc. Stockholders' Equity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands			3 Months Ended
	Apr. 25, 2023	Feb. 24, 2022	Mar. 31, 2023	Mar. 31, 2022
Temporary Equity [Line Items]
Dividends Declared Per Share of Class A Common Stock (in dollars per share)			$ 0.72	$ 0.68
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)			$ 0.72	$ 0.68
Declared and Paid Dividends, Cash			$ 27,672	$ 27,505
Treasury Stock, Shares, Acquired (in shares)			2,153
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)			$ 132.20
Increase in Treasury Stock			$ 284,566
LP Units Exchanged by Employees (in units)		2,545	24
Adjustments to Additional Paid-In-Capital			$ 1,478
Accumulated Unrealized Gain (Loss) on Securities and Investments			(5,413)
Foreign Currency Translation Adjustment Gain (Loss), Net			$ (20,270)
Net Settlement of Share Based Awards [Member]
Temporary Equity [Line Items]
Treasury Stock, Shares, Acquired (in shares)			915
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)			$ 131.79
Share Repurchase Program [Member]
Temporary Equity [Line Items]
Treasury Stock, Shares, Acquired (in shares)			1,238
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)			$ 132.50
Dividends Accrued [Member]
Temporary Equity [Line Items]
Accrued Deferred Cash Dividends			$ 4,205	4,128
Dividend Paid [Member]
Temporary Equity [Line Items]
Accrued Deferred Cash Dividends			$ 13,521	$ 14,114
Subsequent Event [Member]
Temporary Equity [Line Items]
Dividends Declared Per Share of Class A Common Stock (in dollars per share)	$ 0.76

Noncontrolling Interest - Sched

Noncontrolling Interest - Schedule of Noncontrolling Interest (Details)	Mar. 31, 2023	Mar. 31, 2022
Evercore LP [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)	7%	6%
Evercore Wealth Management [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)	25%	25%

Noncontrolling Interest - Chang

Noncontrolling Interest - Changes In Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 189,607
Comprehensive Income:
Net Income Attributable to Noncontrolling Interest	8,863	$ 19,078
Total Comprehensive Income	9,079	18,805
Evercore LP Units Exchanged for Class A Shares	936	4,283
Total Other Items	(10,390)	(5,888)
Ending balance	193,278
Noncontrolling Interest [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	189,607	314,910
Comprehensive Income:
Net Income Attributable to Noncontrolling Interest	8,863	19,078
Other Comprehensive Income (Loss)	216	(273)
Total Comprehensive Income	9,079	18,805
Evercore LP Units Exchanged for Class A Shares	(1,478)	(157,777)
Amortization and Vesting of LP Units	6,460	6,221
Distributions to Noncontrolling Interests	(10,390)	(4,740)
Issuance of Noncontrolling Interest	0	300
Purchase of Noncontrolling Interest	0	(87)
Total Other Items	(10,390)	(4,527)
Ending balance	$ 193,278	$ 177,632

Noncontrolling Interest - Addit

Noncontrolling Interest - Additional Information (Details) - USD ($) shares in Thousands, $ in Thousands			3 Months Ended		12 Months Ended
	Feb. 24, 2022	Dec. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022
Noncontrolling Interest [Line Items]
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest			$ (283)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest			$ 499	$ (273)
LP Units Exchanged by Employees (in units)	2,545		24
Evercore LP Units Exchanged for Class A Shares			$ 936	$ 4,283
Adjustments to Additional Paid-In-Capital			$ 1,478
Class A [Member]
Noncontrolling Interest [Line Items]
Conversion of Stock, Shares Issued	2,545
Evercore Wealth Management [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)			25%	25%
Adjustments to Additional Paid-In-Capital				$ (1,361)
Noncontrolling Interest, Purchase Of Interest (as a percent)				0.40%
Purchase Of Noncontrolling Interest				$ 1,448
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				87
Evercore Wealth Management [Member] | Minimum [Member] | Forecast [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)						25%
Noncontrolling Interest, Ownership Percentage After Purchase Option						25%
Noncontrolling Interest, Percent Noncontrolling Interest Members May Reduce Outstanding Interest To						25%
Real Estate Capital Advisory [Member]
Noncontrolling Interest [Line Items]
Purchase Of Noncontrolling Interest		$ 54,297
Real Estate Capital Advisory [Member] | Cash and Cash Equivalents
Noncontrolling Interest [Line Items]
Purchase Of Noncontrolling Interest			$ 715	27,710	$ 6,000
Real Estate Capital Advisory [Member] | Payable to Employees and Related Parties [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Purchase of Interest, Contingent Consideration, Liability, Current			5,122
Real Estate Capital Advisory [Member] | Other Noncurrent Liabilities
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Purchase of Interest, Contingent Consideration, Liability, Noncurrent							$ 6,119
Real Estate Capital Advisory [Member] | Other Current Liabilities [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Purchase of Interest, Contingent Consideration, Liability, Current							$ 1,083
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Evercore LP Units Exchanged for Class A Shares			(1,478)	(157,777)
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests			$ 0	$ 87

Net Income Per Share Attribut_3

Net Income Per Share Attributable to Evercore Inc. Common Shareholders - Calculation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Weighted average Class A Shares outstanding, including vested RSUs (in shares)	38,510	39,176
Basic net income per share attributable to Evercore Inc. common shareholders	$ 2.17	$ 4.03
Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Weighted average Class A Shares outstanding, including vested RSUs (in shares)	38,510	39,176
Diluted weighted average Class A Shares outstanding	40,439	41,708
Diluted net income per share attributable to Evercore Inc. common shareholders	$ 2.06	$ 3.79
Class A [Member]
Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Net income attributable to Evercore Inc. common shareholders	$ 83,378	$ 158,016
Weighted average Class A Shares outstanding, including vested RSUs (in shares)	38,510	39,176
Basic net income per share attributable to Evercore Inc. common shareholders	$ 2.17	$ 4.03
Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Net income attributable to Evercore Inc. common shareholders	$ 83,378	$ 158,016
Noncontrolling interest related to the assumed exchange of LP Units for Class A Shares(1)	0	0
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above(1)	0	0
Diluted net income attributable to Evercore Inc. common shareholders	$ 83,378	$ 158,016
Weighted average Class A Shares outstanding, including vested RSUs (in shares)	38,510	39,176
Assumed exchange of LP Units for Class A Shares (in shares)	0	0
Additional shares of the Company's common stock assumed to be issued pursuant to non-vested RSUs and deferred consideration, as calculated using the Treasury Stock Method (in shares)	1,808	2,117
Shares that are contingently issuable (in shares)	121	415
Diluted weighted average Class A Shares outstanding	40,439	41,708
Diluted net income per share attributable to Evercore Inc. common shareholders	$ 2.06	$ 3.79

Net Income Per Share Attribut_4

Net Income Per Share Attributable to Evercore Inc. Common Shareholders - Additional Information (Details) shares in Thousands, $ in Thousands	1 Months Ended	3 Months Ended
	Nov. 30, 2016	Mar. 31, 2023 USD ($) shares	Mar. 31, 2022 USD ($) shares
LP Units [Member] | Class A, E, K and I LP Units [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)		2,756	3,943
Adjustment to Diluted Net Income Attributable to Class A Common Shareholders if LP Units were Dilutive | $		$ 6,986	$ 15,066
Restricted Stock Units (RSUs) [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)		2,239	2,165
LP Units [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Limited Partnership Units Convertible Conversion Ratio	1	1

Share-Based and Other Deferre_3

Share-Based and Other Deferred Compensation (Details) $ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

12 Months Ended

Mar. 01, 2023 USD ($)

Mar. 01, 2022 USD ($) shares

Mar. 01, 2021 USD ($)

Mar. 01, 2020 USD ($)

Mar. 01, 2019 USD ($)

Feb. 28, 2023 shares

Dec. 31, 2022 shares

Dec. 31, 2021 USD ($) shares

Mar. 31, 2021 USD ($)

Jun. 30, 2019 shares

Nov. 30, 2016 USD ($) shares

Mar. 31, 2023 USD ($) Installments $ / shares shares

Mar. 31, 2022 USD ($) shares

Dec. 31, 2022 shares

Dec. 31, 2021 USD ($)

Dec. 31, 2017 USD ($)

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Severance Costs

$ 1,474

$ 219

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Stock Units Related to Restructuring | shares

6,000

7,000

Employee Compensation and Benefits | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Severance Costs

$ 564

$ 414

LP Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Limited Partnership Units Convertible Conversion Ratio

1

1

Long Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation Arrangement Compensation Expense

$ 12,640

15,285

Long Term Incentive Plan Performance Period (in years)

4 years

Deferred Compensation Arrangement with Individual, Distribution Paid

$ 44,477

$ 48,461

$ 48,331

3,940

$ 92,938

Long Term Incentive Plan [Member] | Noncurrent Liabilities [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation Arrangement with Individual, Recorded Liability

$ 100,855

Second Amended Two Thousand Sixteen Stock Incentive Plan | Class A [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of Additional Shares Authorized (in shares) | shares

6,500,000

Number of Shares Available for Grant (in shares) | shares

5,196,000

Class I-P Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Converted in Period | shares

400,000

Class I-P Units [Member] | Board of Directors Chairman [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Grant of I-P Units (in units) | shares

400,000

Compensation Expense

753

Class K-P Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Converted in Period | shares

193,000

Compensation Expense

$ 6,407

5,468

Grant of K-P Units (in units) | shares

200,000

400,000

220,000

K-P Units to be Granted Upon Achievement of Benchmarks (in units) | shares

1,293,000

Grant of K-P Units, Fair Value of Award

$ 99,519

Class K Units Probable of Achievement (in units) | shares

896,000

Class K-P Units [Member] | Share-based Payment Arrangement, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Grant of K-P Units (in units) | shares

120,000

50,000

120,000

Class K-P Units [Member] | Share-based Payment Arrangement, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Grant of K-P Units (in units) | shares

50,000

100,000

Class K-P Units [Member] | Share-Based Payment Arrangement, Tranche Three

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Grant of K-P Units (in units) | shares

50,000

Class K-P Units [Member] | Share-Based Payment Arrangement, Tranche Four

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Grant of K-P Units (in units) | shares

50,000

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Award Vesting Period

4 years

Restricted Stock Units (RSUs) [Member] | Amended Two Thousand Sixteen Stock Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Shares Issued During Period (in shares) | shares

2,393,000

Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

$ 136.02

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Nonvested

$ 325,447

Restricted Stock Units (RSUs) [Member] | Amended Two Thousand Sixteen Stock Incentive Plan [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

$ 129.08

Restricted Stock Units (RSUs) [Member] | Amended Two Thousand Sixteen Stock Incentive Plan [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

$ 136.02

Restricted Stock Units (RSUs) [Member] | 2006 and 2016 Stock Incentive Plans [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Compensation Expense

$ 66,488

60,247

Shares Vested During Period (in shares) | shares

2,061,000

Shares Forfeited During Period (in shares) | shares

34,000

Deferred Cash Compensation Program [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation, Vesting Period (in years)

4 years

Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount

$ 162,748

Deferred Compensation Arrangement Compensation Expense

39,762

30,537

Deferred Compensation Arrangement with Individual, Recorded Liability

352,179

Deferred Compensation Arrangement with Individual, Compensation Cost Not Yet Recognized

$ 278,795

Deferred Compensation Arrangement With Individual, Total Compensation Cost Not Yet Recognized Period For Recognition

29 months

Restricted Cash Award [Member] | Board of Directors Chairman [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount

$ 35,000

Deferred Compensation Arrangement With Individual Cash Award Tranche One Vesting Amount

$ 11,000

Deferred Compensation Arrangement With Individual Cash Award Tranche Two Vesting Amount

$ 6,000

Deferred Compensation Arrangement With Individual Cash Award Tranche Three Vesting Amount

$ 6,000

Deferred Compensation Arrangement With Individual Tranche Four Vesting Amount

$ 6,000

Deferred Compensation Arrangement with Individual Cash Award Tranche Five Vesting Amount

$ 6,000

Other Deferred Cash [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount

19,861

$ 29,500

Deferred Compensation Arrangement Compensation Expense

$ 4,328

4,820

Deferred Compensation Arrangement with Individual, Number of Installments | Installments

5

Other Deferred Cash [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation, Vesting Period (in years)

1 year

Other Deferred Cash [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation, Vesting Period (in years)

2 years

Employee Loans [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation Arrangement Compensation Expense

$ 4,646

$ 5,452

Deferred Compensation Arrangement with Individual, Recorded Liability

$ 34,274

Employee Loans [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Requisite Service Period (in years)

1 year

Employee Loans [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Requisite Service Period (in years)

5 years

2021 Long Term Incentive Plan | Long Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Deferred Compensation Arrangement with Individual, Compensation Cost Not Yet Recognized

$ 149,280

Share-Based and Other Deferre_4

Share-Based and Other Deferred Compensation - Schedule of Changes in Termination Costs Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 4,997	$ 675
Termination Costs Incurred	1,474	219
Cash Benefits Paid	(5,332)	(564)
Non-Cash Charges	0	(115)
Ending Balance	$ 1,139	$ 215

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) £ in Thousands				3 Months Ended		12 Months Ended
	Oct. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Oct. 29, 2021 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Mar. 31, 2023 GBP (£)	Dec. 31, 2022 USD ($)
Other Commitments [Line Items]
Unfunded Commitments for Capital Contributions				$ 2,592,000
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred but Not Reported (IBNR) Claims, Amount				3,530,000
Foreign Exchange Forward [Member]
Other Commitments [Line Items]
Derivative asset notional amount				36,903,000			£ 30,000
Derivative asset, current				205,000
Real Estate Capital Advisory [Member]
Other Commitments [Line Items]
Purchase Of Noncontrolling Interest		$ 54,297,000
Cash and Cash Equivalents | Real Estate Capital Advisory [Member]
Other Commitments [Line Items]
Purchase Of Noncontrolling Interest				715,000	$ 27,710,000	$ 6,000,000
Payable to Employees and Related Parties [Member] | Real Estate Capital Advisory [Member]
Other Commitments [Line Items]
Noncontrolling Interest, Purchase of Interest, Contingent Consideration, Liability, Current				5,122,000
Other Current Liabilities [Member] | Real Estate Capital Advisory [Member]
Other Commitments [Line Items]
Noncontrolling Interest, Purchase of Interest, Contingent Consideration, Liability, Current								$ 1,083,000
Other Noncurrent Liabilities | Real Estate Capital Advisory [Member]
Other Commitments [Line Items]
Noncontrolling Interest, Purchase of Interest, Contingent Consideration, Liability, Noncurrent								$ 6,119,000
Secured Line of Credit [Member] | PNC Bank [Member]
Other Commitments [Line Items]
Maximum Borrowing Capacity			$ 30,000,000
Short-Term Borrowings				0
Secured Line of Credit [Member] | PNC Bank [Member] | London Interbank Offered Rate (LIBOR) [Member]
Other Commitments [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.50%
Unsecured Line of Credit [Member] | PNC Bank [Member]
Other Commitments [Line Items]
Maximum Borrowing Capacity			$ 55,000,000
Short-Term Borrowings				0
Unsecured Line of Credit [Member] | PNC Bank [Member] | EGL [Member]
Other Commitments [Line Items]
Maximum Borrowing Capacity	$ 75,000,000
Short-Term Borrowings				$ 0
Unsecured Line of Credit [Member] | PNC Bank [Member] | London Interbank Offered Rate (LIBOR) [Member]
Other Commitments [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.80%
Unsecured Line of Credit [Member] | PNC Bank [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | EGL [Member]
Other Commitments [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.91%

- Commitments and Contingencies

- Commitments and Contingencies - Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Cash and Cash Equivalents	$ 579,190	$ 663,400	$ 454,768
Restricted Cash included in Other Assets	8,935		9,126
Total Cash, Cash Equivalents and Restricted Cash shown in the Statement of Cash Flows	$ 588,125	$ 672,123	$ 463,894	$ 587,293

Regulatory Authorities (Details

Regulatory Authorities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
EGL [Member]
Regulatory Authorities [Line Items]
Broker-Dealer, Minimum Net Capital Required, Alternative Standard	$ 250,000
Broker-Dealer, Net Capital	465,198,000	$ 274,131,000
Broker-Dealer, Excess Net Capital, Alternative Standard	464,948,000	$ 273,881,000
Evercore Trust Company [Member]
Regulatory Authorities [Line Items]
Tier One Capital	5,000,000
Minimum Liquid Assets, Amount	$ 3,500,000
Coverage of Operating Expenses (in days)	180 days

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Provision for Income Taxes	$ 16,131	$ 34,782
Effective Income Tax Rate	14.90%	16.40%
Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-based Payment Arrangement, Amount	$ (13,731)	$ (19,036)
Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-Based Payment Arrangement, Percent	(12.70%)	(9.00%)
Increase (Decrease) In Deferred Tax Assets Associated With Changes In Unrealized Gain Loss On Marketable Securities In Accumulated Other Comprehensive Income Loss	$ 1,022	$ (1)
Increase (Decrease) In Deferred Tax Assets Associated With Changes In Foreign Currency Translation Adjustment Gain Loss In Accumulated Other Comprehensive Income Loss	(1,809)	$ 965
Unrecognized Tax Benefits	359
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	292
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	15
Unrecognized Tax Benefits, Income Tax Penalties Accrued	$ 1

Segment Operating Results - Add

Segment Operating Results - Additional Information (Details)	3 Months Ended
	Mar. 31, 2023 segment
Segment Reporting [Abstract]
Number of reporting segments	2

Segment Operating Results (Deta

Segment Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net Revenues	$ 572,143	$ 722,854
Operating Expenses	462,318	513,490
Other Expenses	2,921	0
Income Before Income from Equity Method Investments and Income Taxes	106,904	209,364
Income from Equity Method Investments	1,468	2,512
Pre-Tax Income	108,372	211,876
Identifiable Segment Assets	2,750,472	2,938,364	$ 3,620,923
Investment Banking and Equities [Member]
Segment Reporting Information [Line Items]
Net Revenues	554,811	704,301
Operating Expenses	449,080	500,572
Other Expenses	2,921	0
Income Before Income from Equity Method Investments and Income Taxes	102,810	203,729
Income from Equity Method Investments	71	374
Pre-Tax Income	102,881	204,103
Identifiable Segment Assets	2,608,350	2,787,619
Investment Management [Member]
Segment Reporting Information [Line Items]
Net Revenues	17,332	18,553
Operating Expenses	13,238	12,918
Income Before Income from Equity Method Investments and Income Taxes	4,094	5,635
Income from Equity Method Investments	1,397	2,138
Pre-Tax Income	5,491	7,773
Identifiable Segment Assets	$ 142,122	$ 150,745

Segment Operating Results - (Fo

Segment Operating Results - (Footnotes) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Other Revenue, net	$ 22,675	$ (6,029)
Investment Banking and Equities [Member]
Segment Reporting Information [Line Items]
Other Revenue, net	21,301	(7,467)
Interest expense on Notes Payable and Line of Credit	4,171	4,250
Investment Management [Member]
Segment Reporting Information [Line Items]
Other Revenue, net	$ 1,374	$ 1,438

Segment Operating Results - Rev

Segment Operating Results - Revenues Derived from Clients by Geographical Areas (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Net Revenues	$ 549,468	$ 728,883
United States [Member]
Segment Reporting Information [Line Items]
Net Revenues	395,188	610,731
Europe And Other [Member]
Segment Reporting Information [Line Items]
Net Revenues	152,527	112,065
Latin America [Member]
Segment Reporting Information [Line Items]
Net Revenues	$ 1,753	$ 6,087

Segment Operating Results - Ass

Segment Operating Results - Assets by Geographic Area (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Segment Reporting Information [Line Items]
Total Assets	$ 2,750,472	$ 3,620,923	$ 2,938,364
United States [Member]
Segment Reporting Information [Line Items]
Total Assets	2,195,361	2,902,153
Europe And Other [Member]
Segment Reporting Information [Line Items]
Total Assets	$ 555,111	$ 718,770