Pay vs Performance Disclosure - USD ($)
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12 Months Ended |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Pay vs Performance Disclosure [Table] |
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| Pay vs Performance [Table Text Block] |
Pay Versus Performance Table The following disclosures provide information on the compensation of our CEO and other NEO’s, each as calculated in accordance with SEC rules, and in comparison to certain metrics of the Company and our peer group. The calculation of “Compensation Actually Paid to CEO” and “Average Compensation Actually Paid to non-CEO NEOs” is not reflective of how the Compensation Committee assesses executive officer compensation. Equity-based awards included in the below presentation are based on the grant date instead of the associated performance year. In addition, the values of equity awards may not reflect actual economic benefit that will be received due to uncertain market value and vesting schedules, among other factors. 2022 Pay Versus Performance Table
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Summary
Compensation
Table Total for
CEO |
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Compensation
Actually Paid
to
CEO (2) |
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Average Summary Compensation Table Total for non-CEO NEOs |
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Average Compensation Actually Paid to non-CEO NEOs (2) |
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Value of Initial Fixed
$100 Investment
Based On |
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19,223,262 |
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14,602,204 |
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6,854,413 |
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2,568,832 |
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157 |
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147 |
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168,682 |
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970,195 |
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14,358,959 |
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19,710,100 |
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9,707,758 |
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13,983,103 |
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243 |
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172 |
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422,978 |
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1,557,997 |
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9,874,166 |
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13,813,668 |
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5,526,044 |
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8,889,950 |
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163 |
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134 |
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218,438 |
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943,276 |
(1) |
For fiscal years 2022, 2021, and 2020, the CEO was Kenneth Moelis and the non-CEO NEOs were Navid Mahmoodzadegan, Jeffrey Raich, Elizabeth Crain, and Joseph Simon. |
(2) |
Amounts in this column are calculated in accordance with Item 402(v) of Regulation S-K. The following table details the adjustments prescribed by Item 402(v) to the “Summary Compensation Table” totals to determine the “Compensation Actually Paid” amounts. For the avoidance of doubt, no equity awards were cancelled due to a failure to meet vesting conditions during the years identified. All amounts presented below for “Non-CEO NEOs” are averages of the non-CEO NEO group. |
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Summary
Compensation
Table Total
($) |
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Deduct:
Stock
Awards
($) |
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Add: Year- end Value of Unvested Equity Awards Granted During Year (i)(ii) |
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(Decrease) in
Value of
Unvested
Equity Awards
Granted in
Prior Years (i)(ii) |
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(Decrease) in
Value of
Equity Awards
Granted and
Vested
During Year (i)(ii) |
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(Decrease) in
Value of Equity
Awards Granted
in Prior Years
Which Vested
During Year (i)(ii) |
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Total
(Compensation
Actually Paid) |
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CEO |
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19,223,262 |
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(18,784,112) |
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(5,165,548) |
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18,189,177 |
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(487,848) |
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515,349 |
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14,602,204 |
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6,854,413 |
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(4,539,002) |
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2,147,924 |
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(3,518,164) |
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1,962,490 |
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(795,375) |
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456,546 |
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2,568,832 |
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CEO |
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14,358,959 |
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(8,829,314) |
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— |
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3,485,833 |
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8,829,314 |
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232,530 |
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1,632,778 |
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19,710,100 |
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9,707,758 |
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(3,829,680) |
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3,794,576 |
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1,963,021 |
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506,164 |
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507,804 |
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1,333,461 |
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13,983,103 |
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CEO |
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9,874,166 |
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(4,648,523) |
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5,729,175 |
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1,525,787 |
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— |
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121,486 |
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1,211,577 |
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13,813,668 |
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5,526,044 |
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(3,084,494) |
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3,073,476 |
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1,544,305 |
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511,268 |
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377,926 |
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941,425 |
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8,889,950 |
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(i) |
For purposes of calculating amounts disclosed in this column, vesting schedules for qualifying equity under the Company’s retirement policy were determined in accordance with FASB ASC Topic 718. |
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(ii) |
Our CEO and non-CEO NEOs receive a substantial portion of their annual variable incentive compensation in equity, which may consist of restricted stock units, deferred LP |
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units, restricted LP units, and/or performance units. Each form of equity has its own set of sale on delivery restrictions and vesting conditions, which may result in fluctuations across the components of Compensation Actually Paid for the years identified. See “Executive Compensation-Moelis Annual Equity Awards” for further details |
(3) |
The peer group TSR for the identified years consists of other publicly traded independent investment banks with global coverage capabilities across all major industries. The peer group TSR is weighted by market capitalization and includes: Evercore Partners Inc., Greenhill & Co., Houlihan Lokey, Inc., Lazard Ltd, and PJT Partners, Inc. Perella Weinberg Partners (“Perella”) became a publicly listed company in June 2021 and does not have a public cumulative total shareholder return over the entirety of the measurement period represented in this table. Accordingly, Perella was excluded from the calculation and presentation of three-year total shareholder returns in this section. |
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| Company Selected Measure Name |
AdjustedRevenue
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| Named Executive Officers, Footnote [Text Block] |
For fiscal years 2022, 2021, and 2020, the CEO was Kenneth Moelis and the non-CEO NEOs were Navid Mahmoodzadegan, Jeffrey Raich, Elizabeth Crain, and Joseph Simon.
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| Peer Group Issuers, Footnote [Text Block] |
The peer group TSR for the identified years consists of other publicly traded independent investment banks with global coverage capabilities across all major industries. The peer group TSR is weighted by market capitalization and includes: Evercore Partners Inc., Greenhill & Co., Houlihan Lokey, Inc., Lazard Ltd, and PJT Partners, Inc.
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| PEO Total Compensation Amount |
$ 19,223,262
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$ 14,358,959
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$ 9,874,166
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| PEO Actually Paid Compensation Amount |
$ 14,602,204
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19,710,100
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13,813,668
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| Adjustment To PEO Compensation, Footnote [Text Block] |
(2) |
Amounts in this column are calculated in accordance with Item 402(v) of Regulation S-K. The following table details the adjustments prescribed by Item 402(v) to the “Summary Compensation Table” totals to determine the “Compensation Actually Paid” amounts. For the avoidance of doubt, no equity awards were cancelled due to a failure to meet vesting conditions during the years identified. All amounts presented below for “Non-CEO NEOs” are averages of the non-CEO NEO group. |
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Summary
Compensation
Table Total
($) |
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Deduct:
Stock
Awards
($) |
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Add: Year- end Value of Unvested Equity Awards Granted During Year (i)(ii) |
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(Decrease) in
Value of
Unvested
Equity Awards
Granted in
Prior Years (i)(ii) |
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(Decrease) in
Value of
Equity Awards
Granted and
Vested
During Year (i)(ii) |
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(Decrease) in
Value of Equity
Awards Granted
in Prior Years
Which Vested
During Year (i)(ii) |
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Total
(Compensation
Actually Paid) |
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CEO |
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19,223,262 |
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(18,784,112) |
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(5,165,548) |
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18,189,177 |
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(487,848) |
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515,349 |
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14,602,204 |
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6,854,413 |
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(4,539,002) |
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2,147,924 |
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(3,518,164) |
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1,962,490 |
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(795,375) |
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456,546 |
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2,568,832 |
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CEO |
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14,358,959 |
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(8,829,314) |
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— |
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3,485,833 |
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8,829,314 |
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232,530 |
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1,632,778 |
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19,710,100 |
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9,707,758 |
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(3,829,680) |
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3,794,576 |
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1,963,021 |
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506,164 |
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507,804 |
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1,333,461 |
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13,983,103 |
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CEO |
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9,874,166 |
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(4,648,523) |
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5,729,175 |
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1,525,787 |
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— |
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121,486 |
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1,211,577 |
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13,813,668 |
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5,526,044 |
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(3,084,494) |
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3,073,476 |
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1,544,305 |
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511,268 |
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377,926 |
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941,425 |
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8,889,950 |
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| Non-PEO NEO Average Total Compensation Amount |
$ 6,854,413
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9,707,758
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5,526,044
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| Non-PEO NEO Average Compensation Actually Paid Amount |
$ 2,568,832
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13,983,103
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8,889,950
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| Adjustment to Non-PEO NEO Compensation Footnote [Text Block] |
(2) |
Amounts in this column are calculated in accordance with Item 402(v) of Regulation S-K. The following table details the adjustments prescribed by Item 402(v) to the “Summary Compensation Table” totals to determine the “Compensation Actually Paid” amounts. For the avoidance of doubt, no equity awards were cancelled due to a failure to meet vesting conditions during the years identified. All amounts presented below for “Non-CEO NEOs” are averages of the non-CEO NEO group. |
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Summary
Compensation
Table Total
($) |
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Deduct:
Stock
Awards
($) |
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Add: Year- end Value of Unvested Equity Awards Granted During Year (i)(ii) |
|
(Decrease) in
Value of
Unvested
Equity Awards
Granted in
Prior Years (i)(ii) |
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(Decrease) in
Value of
Equity Awards
Granted and
Vested
During Year (i)(ii) |
|
(Decrease) in
Value of Equity
Awards Granted
in Prior Years
Which Vested
During Year (i)(ii) |
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Total
(Compensation
Actually Paid) |
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CEO |
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19,223,262 |
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(18,784,112) |
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(5,165,548) |
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18,189,177 |
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(487,848) |
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515,349 |
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14,602,204 |
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6,854,413 |
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(4,539,002) |
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2,147,924 |
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(3,518,164) |
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1,962,490 |
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(795,375) |
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456,546 |
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2,568,832 |
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CEO |
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14,358,959 |
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(8,829,314) |
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— |
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3,485,833 |
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8,829,314 |
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232,530 |
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1,632,778 |
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19,710,100 |
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9,707,758 |
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(3,829,680) |
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3,794,576 |
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1,963,021 |
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506,164 |
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507,804 |
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1,333,461 |
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13,983,103 |
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CEO |
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9,874,166 |
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(4,648,523) |
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5,729,175 |
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1,525,787 |
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— |
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121,486 |
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1,211,577 |
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13,813,668 |
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5,526,044 |
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(3,084,494) |
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3,073,476 |
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1,544,305 |
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511,268 |
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377,926 |
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941,425 |
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8,889,950 |
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| Compensation Actually Paid vs. Total Shareholder Return [Text Block] |
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| Compensation Actually Paid vs. Net Income [Text Block] |
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| Compensation Actually Paid vs. Company Selected Measure [Text Block] |
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| Tabular List [Table Text Block] |
List of Performance Measures The following table lists the performance measures that we believe represent the most important performance measures used to link compensation actually paid to our CEO and non-CEO NEOs for fiscal year 2022 to our |
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| Total Shareholder Return Amount |
$ 157
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243
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163
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| Peer Group Total Shareholder Return Amount |
147
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172
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134
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| Net Income (Loss) |
$ 168,682,000
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$ 422,978,000
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$ 218,438,000
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| Company Selected Measure Amount |
970,195,000
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1,557,997,000
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943,276,000
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| PEO Name |
Kenneth Moelis
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Kenneth Moelis
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Kenneth Moelis
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| Measure [Axis]: 1 |
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| Pay vs Performance Disclosure [Table] |
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| Measure Name |
Adjusted Revenues
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| Measure [Axis]: 2 |
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| Pay vs Performance Disclosure [Table] |
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| Measure Name |
Adjusted Net Income
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| Measure [Axis]: 3 |
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| Pay vs Performance Disclosure [Table] |
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| Measure Name |
Operating Margin
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| Measure [Axis]: 4 |
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| Pay vs Performance Disclosure [Table] |
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| Measure Name |
TSR
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| PEO [Member] | Deduct Stock [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
$ (18,784,112)
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$ (8,829,314)
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$ (4,648,523)
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| PEO [Member] | Year End Value of Unvested Equity Awards Granted During Year [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
1,111,924
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0
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5,729,175
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| PEO [Member] | Increase (Decrease) in Value of Unvested Equity Awards Granted in Prior Years [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
(5,165,548)
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3,485,833
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1,525,787
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| PEO [Member] | Increase (Decrease) in Value of Equity Awards Granted and Vested During Year [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
18,189,177
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8,829,314
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0
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| PEO [Member] | Increase (Decrease) in Value of Equity Awards Granted in Prior Years Which Vested During Year [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
(487,848)
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232,530
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121,486
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| PEO [Member] | Add Dividend [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
515,349
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1,632,778
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1,211,577
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| Non-PEO NEO [Member] | Deduct Stock [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
(4,539,002)
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(3,829,680)
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(3,084,494)
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| Non-PEO NEO [Member] | Year End Value of Unvested Equity Awards Granted During Year [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
2,147,924
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3,794,576
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3,073,476
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| Non-PEO NEO [Member] | Increase (Decrease) in Value of Unvested Equity Awards Granted in Prior Years [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
(3,518,164)
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1,963,021
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1,544,305
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| Non-PEO NEO [Member] | Increase (Decrease) in Value of Equity Awards Granted and Vested During Year [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
1,962,490
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506,164
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511,268
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| Non-PEO NEO [Member] | Increase (Decrease) in Value of Equity Awards Granted in Prior Years Which Vested During Year [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
(795,375)
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507,804
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377,926
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| Non-PEO NEO [Member] | Add Dividend [Member] |
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| Pay vs Performance Disclosure [Table] |
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| Adjustment to Compensation Amount |
$ 456,546
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$ 1,333,461
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$ 941,425
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