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Employee Compensation and Benefits

^[1]

524,264

375,905

312,417

Expenses

357,680

247,737

207,592

Occupancy and Equipment Rental

23,497

18,081

13,727

Professional Fees

33,516

28,035

20,511

Travel and Related Expenses

23,172

16,475

9,602

Communications and Information Services

8,303

5,664

3,677

Depreciation and Amortization

17,746

9,921

4,400

Special Charges

3,894

20,129

Acquisition and Transition Costs

3,465

3,399

712

Other Operating Expenses

17,179

9,733

8,619

Total Expenses

488,452

339,045

288,969

Income Before Income (Loss) from Equity Method Investments and Income Taxes

35,812

36,860

23,448

Income (Loss) from Equity Method Investments

919

(557)

(1,406)

36,731

36,303

22,042

Net Income from Continuing Operations

22,724

16,177

19,679

14,007

20,126

2,363

Discontinued Operations

Income (Loss) from Discontinued Operations

(4,198)

(2,618)

(2,264)

Provision (Benefit) for Income Taxes

(722)

(297)

(147)

Net Income (Loss) Attributable to Noncontrolling Interest

(2,510)

(1,804)

(1,693)

Net Income (Loss) from Discontinued Operations

(966)

(517)

(424)

Net Income

13,041

19,609

1,939

Net Income Attributable to Noncontrolling Interest

6,089

10,655

3,509

Net Income (Loss) Attributable to Evercore Partners Inc.

6,952

8,954

(1,570)

Net Income (Loss) Attributable to Evercore Partners Inc. Common Shareholders:

From Continuing Operations

7,834

9,397

(1,146)

From Discontinued Operations

(966)

(517)

(424)

Net Income (Loss) Attributable to Evercore Partners Inc.

$ 6,868

$ 8,880

$ (1,570)

Weighted Average Shares of Class A Common Stock Outstanding

Basic

26,019

19,655

15,545

Diluted

29,397

22,968

15,545

Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:

From Continuing Operations

$ 0.30

$ 0.47

$ (0.07)

From Discontinued Operations

(0.04)

(0.02)

(0.03)

Net Income (Loss) Attributable to Evercore Partners Inc.

0.26

0.45

(0.10)

Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:

From Continuing Operations

0.27

0.41

(0.07)

From Discontinued Operations

(0.04)

(0.02)

(0.03)

Net Income (Loss) Attributable to Evercore Partners Inc.

0.23

0.39

(0.10)

Dividends Declared per Share of Class A Common Stock

$ 0.74

$ 0.63

$ 0.51

[1]	Net revenues include Other Revenue, net, allocated to the segments as follows:

Consolidated Statements Of Changes In Equity - USD ($) $ in Thousands	Class A Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings (Deficit) [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2008	$ 126	$ 275,234	$ (5,139)	$ (46,564)	$ (8,050)	$ 15,978	$ 231,585
Balance, Shares at Dec. 31, 2008	12,552,028				(498,746)
Net Income (Loss)				(1,570)		1,816	246
Other Comprehensive Income, net:
Unrealized Gain (Loss) on Marketable Securities, net			707			2,174	2,881
Foreign Currency Translation Adjustment			672			2,372	3,044
Total Comprehensive Income (Loss)			1,379	(1,570)		6,362	6,171
Treasury Stock Purchases					$ (4,706)		(4,706)
Treasury Stock Purchases, Shares					(310,553)
Proceeds from Equity Offering, Net of Direct Expenses	$ 37	70,084					70,121
Proceeds from Equity Offering, Net of Direct Expenses, Shares	3,721,788
Evercore LP Units Purchased or Converted into Class A Common Stock	$ 2	(57,187)				(5,623)	(62,808)
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares	189,153
Stock-based Compensation Awards	$ 7	50,959				8,552	59,518
Stock-based Compensation Awards, Shares	692,914
Dividends and Equivalents		405		(8,622)			(8,217)
Noncontrolling Interest (Note 15)						4,092	4,092
Balance at Dec. 31, 2009	$ 172	339,495	(3,760)	(56,756)	$ (12,756)	29,361	295,756
Balance, Shares at Dec. 31, 2009	17,155,883				(809,299)
Net Income (Loss)				8,954		8,851	17,805
Other Comprehensive Income, net:
Unrealized Gain (Loss) on Marketable Securities, net			(1,058)			(1,048)	(2,106)
Foreign Currency Translation Adjustment			625			294	919
Total Comprehensive Income (Loss)			(433)	8,954		8,097	16,618
Treasury Stock Purchases					$ (35,053)		(35,053)
Treasury Stock Purchases, Shares					(1,286,277)
Proceeds from Equity Offering, Net of Direct Expenses	$ 29	77,573					77,602
Proceeds from Equity Offering, Net of Direct Expenses, Shares	2,954,437
Evercore LP Units Purchased or Converted into Class A Common Stock	$ 1	(59,062)				(9,834)	(68,895)
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares	77,110
Stock-based Compensation Awards	$ 13	35,695				20,059	55,767
Stock-based Compensation Awards, Shares	1,310,261
Shares Issued as Consideration for Acquisitions and Investments		5,748			$ 13,271		19,019
Shares Issued as Consideration for Acquisitions and Investments, Shares					581,531
Dividends and Equivalents		1,344		(13,702)			(12,358)
Noncontrolling Interest (Note 15)		(74)				18,859	18,785
Balance at Dec. 31, 2010	$ 215	400,719	(4,193)	(61,504)	$ (34,538)	66,542	367,241
Balance, Shares at Dec. 31, 2010	21,497,691				(1,514,045)
Net Income (Loss)				6,952		3,579	10,531
Other Comprehensive Income, net:
Unrealized Gain (Loss) on Marketable Securities, net			(1,626)			(338)	(1,964)
Foreign Currency Translation Adjustment			(6,239)			(1,880)	(8,119)
Total Comprehensive Income (Loss)			(7,865)	6,952		1,361	448
Treasury Stock Purchases					$ (45,105)		(45,105)
Treasury Stock Purchases, Shares					(1,586,780)
Proceeds from Equity Offering, Net of Direct Expenses	$ 54	167,880					167,934
Proceeds from Equity Offering, Net of Direct Expenses, Shares	5,364,991
Evercore LP Units Purchased or Converted into Class A Common Stock	$ 4	(67,264)				(12,268)	(79,528)
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares	422,843
Stock-based Compensation Awards	$ 37	67,395				21,057	88,489
Stock-based Compensation Awards, Shares	3,728,740
Shares Issued as Consideration for Acquisitions and Investments					$ 636		636
Shares Issued as Consideration for Acquisitions and Investments, Shares					27,867
Dividends and Equivalents		2,805		(22,151)			(19,346)
Noncontrolling Interest (Note 15)		3,587				(18,530)	(14,943)
Balance at Dec. 31, 2011	$ 310	$ 575,122	$ (12,058)	$ (76,703)	$ (79,007)	$ 58,162	$ 465,826
Balance, Shares at Dec. 31, 2011	31,014,265				(3,072,958)

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Cash Flows From Operating Activities
Net Income	$ 10,531	$ 17,805	$ 246
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Net Realized and Unrealized (Gains) Losses on Investments, Marketable Securities and Contingent Consideration	(4,988)	(4,898)	7,111
Equity-Based and Other Deferred Compensation	94,253	55,914	59,518
Depreciation, Amortization and Accretion	20,401	11,541	5,872
Bad Debt Expense	1,558	1,008	444
Deferred Taxes	11,026	2,899	5,851
Decrease (Increase) in Operating Assets:
Marketable Securities	461	(481)	(108)
Financial Instruments Owned and Pledged as Collateral at Fair Value	(91,056)	75,435	76,887
Securities Purchased Under Agreements to Resell	123,559	66,225	(83,235)
Accounts Receivable	2,749	(18,822)	844
Receivable from Employees and Related Parties	(4,275)	1,770	(2,008)
Assets Segregated for Bank Regulatory Requirements		(200)	(10,000)
Other Assets	(144)	(1,138)	(4,952)
(Decrease) Increase in Operating Liabilities:
Accrued Compensation and Benefits	32,128	(17,265)	31,616
Accounts Payable and Accrued Expenses	1,499	976	776
Securities Sold Under Agreements to Repurchase	(32,283)	(141,759)	6,001
Payables to Employees and Related Parties	(7,067)	(2,523)	(1,955)
Taxes Payable	(1,777)	380	(2,333)
Other Liabilities	(8,739)	(1,872)	(2,474)
Net Cash Provided by Operating Activities	147,836	44,995	88,101
Cash Flows From Investing Activities
Investments Purchased	(48,575)	(16,645)	(4,108)
Distributions of Private Equity Investments	1,211	2,629
Marketable Securities:
Proceeds from Sales and Maturities	80,678	188,701	51,677
Purchases	(71,599)	(138,683)	(83,460)
Cash Paid for Acquisitions, net of cash acquired	(30,397)	(70,481)	(9,382)
Change in Restricted Cash		(820)	4,853
Purchase of Furniture, Equipment and Leasehold Improvements	(8,662)	(8,567)	(2,260)
Net Cash Provided by (Used in) Investing Activities	(77,344)	(43,866)	(42,680)
Cash Flows From Financing Activities
Payments for Settlement of Debt and Capital Lease Obligations	(8,335)	(9)	(32)
Issuance of Noncontrolling Interests	1,009	4,381	17,395
Distributions to Noncontrolling Interests-Evercore LP Limited Partners	(19,087)	(19,513)	(19,741)
Cash Paid for Deferred and Contingent Consideration	(13,486)	(5,936)
Proceeds from Equity Offering, Net of Direct Expenses	168,140	77,185	70,761
Purchase of Evercore LP Units and Treasury Stock	(140,242)	(114,141)	(75,467)
Excess Tax Benefits Associated with Equity-Based Awards	6,266	2,923
Dividends-Class A Stockholders	(19,346)	(12,358)	(8,217)
Other		645	421
Net Cash Provided by (Used in) Financing Activities	(25,081)	(66,823)	(14,880)
Effect of Exchange Rate Changes on Cash	(3,843)	349	239
Net Increase (Decrease) in Cash and Cash Equivalents	41,568	(65,345)	30,780
Cash and Cash Equivalents-Beginning of Period	141,337	206,682	175,902
Cash and Cash Equivalents-End of Period	182,905	141,337	206,682
SUPPLEMENTAL CASH FLOW DISCLOSURE
Payments for Interest	17,914	21,473	23,080
Payments for Income Taxes	13,957	9,649	11,286
Furniture, Equipment and Leasehold Improvements Accrued	1,293	$ 644	$ 114
Decrease in Fair Value of Redeemable Noncontrolling Interest	$ 3,942

Organization	12 Months Ended
Organization	Dec. 31, 2011
Organization [Abstract]
Organization	Note 1 – Organization Evercore Partners Inc. and subsidiaries (the "Company") is an investment banking and investment management firm, incorporated in Delaware on July 21, 2005 and headquartered in New York, New York. The Company is a holding company which owns a controlling interest in Evercore LP, a Delaware limited partnership ("Evercore LP"). Subsequent to the Company's initial public offering ("IPO"), the Company became the sole general partner of Evercore LP. The Company operates from its offices in the United States, the United Kingdom, Mexico, Hong Kong and, through its affiliate Evercore G5 Holdings S.A. ("G5"), in Brazil. The Investment Banking business includes the advisory business through which the Company provides advice to clients on significant mergers, acquisitions, divestitures 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 and raises funds for financial sponsors. The Investment Banking business also includes the Institutional Equities business through which the Company offers equity research and agency-based equity securities trading for institutional investors. The Investment Management business includes the institutional asset management business through which the Company manages financial assets for sophisticated institutional investors and provides independent fiduciary services to corporate employee benefit plans, the wealth management business through which the Company provides wealth management services for high net-worth individuals and the private equity business through which the Company, directly and through affiliates, manages private equity funds.

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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-Number 51
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Business Changes And Developments [Abstract]

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Dec. 31, 2011
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2 – Significant Accounting Policies *Basis of Presentation* – The consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The 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, except for certain VIEs that qualify for accounting purposes as investment companies. Generally, the Company would consolidate those entities when it absorbs a majority of the expected losses or a majority of the expected residual returns, or both, of the entities. All intercompany balances and transactions with the Company's subsidiaries have been eliminated upon consolidation. The Consolidated Statements of Operations include the consolidated results of The Lexicon Partnership LLP ("Lexicon") following its acquisition in 2011. See Note 4 for further disclosure. At the time of the formation transaction, the members of Evercore LP (the "Members") received Evercore LP partnership units ("LP Units") in consideration for their contribution of the various entities included in the historical combined financial statements of the Company. The LP Units are subject to vesting requirements and transfer restrictions and are exchangeable on a one-for-one basis for shares of Class A common stock ("Class A Shares"). The Company accounts for exchanges of LP Units for Class A Shares based on the carrying amounts of the Members' LP Units immediately before the exchange. The Company's interest in Evercore LP is within the scope of Accounting Standards Codification ("ASC") 810-20, "Determining Whether a General Partner, or the General Partners as a Group, Controls a Limited Partnership or Similar Entity When the Limited Partners Have Certain Rights". The Company consolidates Evercore LP and records noncontrolling interest for the economic interest in Evercore LP held directly by others, which includes the Members. The Company has evaluated all subsequent events through the date this Form 10-K was available to be issued. *Reclassifications* – During 2011, certain balances for prior periods were reclassified to conform to their current presentation. *Discontinued Operations* – In October 2011, Evercore Asset Management L.L.C. ("EAM") announced its plan to wind down its business. Management and the Company made this decision because EAM was unable to attain sufficient scale to be a viable business due to several factors including the ongoing effects of the financial crisis. The wind down of EAM's business was completed by December 31, 2011. Accordingly, the historical results of EAM have been reclassified to Discontinued Operations on the Consolidated Statements of Operations. *Accounts Receivable* – Accounts Receivable consists primarily of investment banking fees and expense reimbursements charged to the Company's clients. The Company records Accounts Receivable net of any allowance for doubtful accounts. The Company maintains an allowance for bad debts to provide coverage for estimated losses from its client receivables. The Company determines the adequacy of the allowance by estimating the probability of loss based on the Company's analysis of the client's creditworthiness and specifically reserves against exposure where the Company determines the receivables are impaired, which may include situations where a fee is in dispute or litigation has commenced. *Furniture, Equipment and Leasehold Improvements* – Fixed assets, including office equipment, hardware and software and leasehold improvements, are stated at cost, net of accumulated depreciation and amortization. Furniture, equipment and computer hardware and software are depreciated using the straight-line method over the estimated useful lives of the assets, ranging from three to seven years. Leasehold improvements are amortized over the shorter of the term of the lease or the useful life of the asset. *Investment Banking Revenue* – The Company earns investment banking fees from our clients for providing advisory services on mergers, acquisitions, divestitures, leveraged buyouts, restructurings and similar corporate finance matters. Starting in 2010, the Company's Investment Banking services were expanded to include services related to securities underwriting, private fund placement services and commissions for agency-based equity trading services and equity research. It is the Company's accounting policy to recognize revenue when (i) there is persuasive evidence of an arrangement with a client, (ii) fees are fixed or determinable, (iii) the agreed-upon services have been completed and delivered to the client or the transaction or events contemplated in the engagement letter are determined to be substantially completed and (iv) collection is reasonably assured. The Company records Investment Banking Revenue on the Consolidated Statement of Operations for the following: *Advisory Fees –* In general, advisory fees are paid at the time the Company signs an engagement letter, during the course of the engagement or when an engagement is completed. In some circumstances, and as a function of the terms of an engagement letter, the Company may receive retainer fees for financial advisory services concurrent with, or soon after, the execution of the engagement letter where the engagement letter will specify a future service period associated with that fee. In such circumstances, these retainer fees are initially recorded as deferred revenue and subsequently recognized as revenue during the applicable time period within which the service is rendered. Revenues related to fairness or valuation opinions are recognized when the opinion has been rendered and delivered to the client and all other requirements for revenue recognition are satisfied. Success fees for advisory services, such as merger and acquisition advice, are recognized when the transaction(s) or event(s) are determined to be completed or substantially completed and all other requirements for revenue recognition are satisfied. In the event the Company were to receive an opinion or success fee in advance of the completion conditions noted above, such fee would initially be recorded as deferred revenue and subsequently recognized as advisory fee revenue when the conditions of completion have been satisfied. *Placement Fees* – Placement fee revenues are attributable to capital raising. The Company recognizes placement advisory fees at the time of the client's acceptance of capital or capital commitments in accordance with the terms of the engagement letter. *Underwriting Fees* – Underwriting revenues are attributable to public and private offerings of equity and debt securities and are recognized when the offering has been deemed to be completed by the lead manager of the underwriting group. When the offering is completed, the Company recognizes the applicable management fee, selling concession and underwriting fee, the latter net of estimated offering expenses. *Commissions –* Commissions received from customers for the execution of agency-based brokerage transactions in listed and over-the-counter equities are recorded on a trade-date basis or, in the case of payments under commission sharing arrangements, when earned. Taxes collected from customers and remitted to governmental authorities are presented on a net basis on the Consolidated Statements of Operations. *Investment Management Revenue* – The Company's Investment Management business generates revenues from the management of client assets and the private equity funds. Investment management fees for third-party clients are generally based on the value of the assets under management ("AUM") and any performance fees that may be negotiated with the client. These fees are generally recognized over the period that the related services are provided, based upon the beginning, ending or average value of the assets for the relevant period. Fees paid in advance of services rendered are initially recorded as deferred revenue, which is recorded in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Investment Management Revenue on the Consolidated Statements of Operations ratably over the period in which the related service is rendered. Generally, to the extent performance fee arrangements have been negotiated, these fees are earned when the return on assets exceeds certain benchmark returns. Performance fees are accrued on a monthly basis and are not subject to adjustment once the measurement period ends (annually) and performance fees have been realized. Management fees for private equity funds are contractual and are typically based on committed capital during the private equity funds' investment period, and on invested capital, thereafter. Management fees are recognized ratably over the period during which services are provided. The management fees may provide for a management fee offset for certain portfolio company fees the Company earns. As a result of amendments in December 2009, the Company no longer receives management fees on Evercore Capital Partners L.P. and its affiliated entities. The Company also records performance fee revenue from the private equity funds when the returns on the private equity funds' investments exceed certain threshold minimums. These performance fees, or carried interest, are computed in accordance with the underlying private equity funds' partnership agreements and are based on investment performance over the life of each investment partnership. Performance fees are recorded as revenue as earned pursuant to the underlying agreements. Fees generated for serving as an independent fiduciary and/or trustee are either based on a flat fee, are pre-negotiated with the client or are based on the value of assets under administration. For ongoing engagements, fees are billed quarterly either in advance or in arrears. Fees paid in advance of services rendered are initially recorded as deferred revenue in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Investment Management Revenue on the Consolidated Statements of Operations ratably over the period in which the related services are rendered. Any fees received before completion of the engagement are recorded as deferred revenue in Other Current Liabilities on the Consolidated Statements of Financial Condition and are recognized in Investment Management Revenue on the Consolidated Statements of Operations upon the execution of the project deliverables . *Other Revenue and Interest Expense* – Other Revenue and Interest Expense is derived primarily from financing transactions. These transactions are principally repurchases and resales of Mexican government securities. Revenue and expenses associated with these transactions are recognized over the term of the repurchase or resale transaction. Other Revenue and Interest Expense also includes interest expense associated with the $120,000 principal amount of senior unsecured notes ("Senior Notes"), as well as income earned on marketable securities and cash deposited with financial institutions. *Client Expense Reimbursement* – In the conduct of its financial advisory service engagements and in advising the private equity funds, the Company receives reimbursement for certain expenses incurred by the Company on behalf of its clients and the funds. Transaction-related expenses, which are billable to clients, are recognized as revenue and recorded in Accounts Receivable on the later of the date of an executed engagement letter or the date the expense is incurred. *Noncontrolling Interest* – Noncontrolling interest recorded in the consolidated financial statements of the Company relates to the portions of our subsidiaries not owned by the Company. The Company allocates net income to noncontrolling interests held at Evercore LP and at the operating entity level, where required, by multiplying the vested equity ownership percentage of the noncontrolling interest holders for the period by the net income or loss for the entity which the noncontrolling interest relates. In circumstances where the governing documents of the entity to which the noncontrolling interest relates require special allocations of profits (losses) to the controlling and noncontrolling interest holders, then the net income or loss of these entities will be allocated based on these special allocations. ASC 810-10, "Noncontrolling Interests in Consolidated Financial Statements – an amendment of ARB No.51" ("ASC 810-10") requires reporting entities to present noncontrolling (minority) interests as equity (as opposed to as a liability or mezzanine equity) and provides guidance on the accounting for transactions between an entity and noncontrolling interests. The adoption of ASC 810-10 resulted in the presentation of Noncontrolling Interest as a component of Total Equity on the Consolidated Statements of Financial Condition and below Net Income on the Consolidated Statements of Operations. Prior periods have been reclassified to conform to the current presentation. In addition, the adoption of ASC 810-10 resulted in an allocation of the components of Total Comprehensive Income between controlling interests and noncontrolling interests for the years ended December 31, 2011, 2010 and 2009. *Cash and Cash Equivalents* – Cash and Cash Equivalents consist of short-term highly-liquid investments with original maturities of three months or less. *Fair Value of Financial Instruments* – The majority of the Company's assets and liabilities are recorded at fair value or at amounts that approximate fair value. Such assets and liabilities include cash and cash equivalents, investments, marketable securities, financial instruments owned and pledged as collateral, repurchase and reverse repurchase agreements, receivables and payables and accruals. See Note 10 for further information. *Marketable Securities* – Marketable Securities include investments in corporate, municipal and other debt securities, as well as investments in readily-marketable equity securities, which are accounted for as available-for-sale under ASC 320-10, "Accounting for Certain Investments in Debt and Equity Securities". These securities are carried at fair value on the Consolidated Statements of Financial Condition. Unrealized gains and losses are reported as net increases or decreases to Accumulated Other Comprehensive Income (Loss), net of tax, while realized gains and losses on these securities are determined using the specific identification method and are included in Other Revenue on the Consolidated Statements of Operations. The readily-marketable debt and equity securities are valued using quoted market prices on applicable exchanges or markets. Marketable Securities also include investments in municipal bonds, which are carried at fair value, with changes in fair value recorded in Other Revenues on the Consolidated Statements of Operations. Marketable Securities transactions are recorded as of the trade date. *Financial Instruments Owned and Pledged as Collateral at Fair Value* – The Company's Financial Instruments Owned and Pledged as Collateral at Fair Value consist principally of foreign government obligations, which are recorded on a trade-date basis and are stated at quoted market values. Related gains and losses are reflected in Other Revenue on the Consolidated Statements of Operations. The Company pledges the Financial Instruments Owned and Pledged as Collateral at Fair Value to collateralize certain financing arrangements, which permits the counterparty to pledge the securities. *Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase* – Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase are treated as collateralized financing transactions. The agreements provide that the transferor will receive substantially the same securities in return at the maturity of the agreement. These transactions are carried at the amounts at which the related securities will be subsequently resold or repurchased, plus accrued interest payable or receivable. As the maturities on these transactions are short-term in nature (i.e. generally mature on the next business day) and the underlying securities are debt instruments of the Mexican Governments or its agencies, their carrying amounts approximate fair value. The Company periodically assesses the collectability or credit quality related to securities purchased under agreements to resell; as of December 31, 2011, the Company believes it maintains a sufficient level of cash or collateral, as described in Note 8. *Investments* – The Company's investments include investments in private equity partnerships, the Company's equity interests in Evercore Pan-Asset Capital Management ("Pan"), G5 and ABS Investment Management, LLC ("ABS"), which are accounted for under the equity method of accounting. *Private Equity* – The investments of private equity funds consist primarily of investments in marketable and non-marketable securities of the portfolio companies. The underlying investments held by the private equity funds are valued based on quoted market prices or estimated fair value if there is no public market. The Company determines fair value of non-marketable securities by giving consideration to a range of factors, including but not limited to, market conditions, operating performance (current and projected) and subsequent financing transactions. Due to the inherent uncertainty in the valuation of these non-marketable securities, estimated values may materially differ from the values that would have been used had a ready market existed for these investments. Investments in publicly-traded securities held by the private equity funds are valued using quoted market prices. The Company recognizes its allocable share of the changes in fair value of the private equity funds' underlying investments as realized and unrealized gains (losses) within Investment Management Revenue in the Consolidated Statements of Operations. *Affiliates* – The Company's equity interests in Pan, G5 and ABS include its share of the income (losses) within Income (Loss) from Equity Method Investments, as a component of Income Before Income Taxes, on the Consolidated Statements of Operations. The Company assesses its Equity Method Investments annually for impairment. *Goodwill and Intangible Assets* – Goodwill and Intangible Assets are tested for impairment annually or more frequently if circumstances indicate impairment may have occurred. The Company assesses whether any goodwill recorded by its applicable reporting unit is impaired by comparing the fair value of each business with its respective carrying amount. For businesses acquired, contingent consideration is recognized and measured at fair value as of the acquisition date and at subsequent reporting periods. Intangible assets with finite lives are amortized over their estimated useful lives and are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable as prescribed by ASC 360, "Accounting for the Impairment or Disposal of Long-Lived Assets". The Company tests goodwill for impairment at the reporting unit level. In determining the fair value for each reporting unit, the Company utilizes either a market multiple approach or a discounted cash flow methodology based on the adjusted cash flows from operations. The market multiple approach includes applying the average earnings multiples of comparable public companies for their respective reporting segment multiplied by the forecasted earnings of the respective reporting unit to yield an estimate of fair value. The discounted cash flow methodology begins with the forecasted adjusted cash flows from each of the reporting units and uses a discount rate that reflects the weighted average costs of capital adjusted for the risks inherent in the future cash flows. See Note 4 for further information. *Compensation and Benefits* – Compensation includes salaries, bonuses (discretionary awards and guaranteed amounts), severance, deferred cash and share-based compensation. Cash bonuses are accrued over the respective service periods to which they relate and deferred cash and share-based bonuses are expensed prospectively over their requisite service period. *Share-Based Payments* – The Company accounts for share-based payments in accordance with ASC 718, "Share-Based Payment" ("ASC 718") and the impact on the Company's Consolidated Statements of Financial Condition and Statements of Operations is discussed in Note 17. Compensation expense recognized pursuant to share-based awards is based on the grant date fair value of the award. The fair value (as measured on the grant date) of awards that vest from one to five years ("Service-based Awards") is amortized over the vesting periods or requisite service periods as required under ASC 718, however, the vesting of some Service-based Awards will accelerate upon the occurrence of certain events. The Company amortizes the grant-date fair value of share-based compensation awards made to employees, who are or will become retirement eligible prior to the stated vesting date, over the expected substantive service period. For the purposes of calculating diluted net income per share attributable to Evercore Partners Inc. common shareholders, unvested Service-based Awards are included in the diluted weighted average Class A Shares outstanding using the treasury stock method. Once vested, restricted stock units ("RSUs") and restricted stock are included in the basic and diluted weighted average Class A Shares outstanding. Expense relating to RSUs and restricted stock is charged to Employee Compensation and Benefits within the Consolidated Statements of Operations. For a discussion of Event-based Awards, see Note 17. Awards classified as liabilities as required under ASC 718, such as cash settled share-based awards, are re-measured at fair value at each reporting period. *Foreign Currency Translation* – Foreign currency assets and liabilities have been translated at rates of exchange prevailing at the end of the periods presented. Income and expenses transacted in foreign currency have been translated at average monthly exchange rates during the period. Translation gains and losses are included in the foreign currency translation adjustment as a component of Accumulated Other Comprehensive Income (Loss) in the Consolidated Statements of Changes in Equity. Exchange gains and losses arising from translating intercompany balances of a long-term investment nature are recorded in the foreign currency translation account while transactional exchange gains and losses are included in Other Revenue on the Consolidated Statements of Operations. *Income Taxes* – The Company accounts for income taxes in accordance with ASC 740, "Accounting for Income Taxes" ("ASC 740"), which requires the recognition of tax benefits or expenses on temporary differences between the financial reporting and tax bases of its assets and liabilities, as disclosed in Note 20. Deferred income taxes reflect the net tax effects of temporary differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when such differences are expected to reverse. Such temporary differences are reflected on the Company's Consolidated Statements of Financial Condition as deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when it is more-likely-than-not that some portion or all of the deferred tax assets will not be realized. Significant management judgment is required in determining the Company's provision for income taxes, deferred tax assets and liabilities and any valuation allowance recorded against the Company's net deferred tax assets. ASC 740 provides a benefit recognition model with a two-step approach consisting of "more-likely-than-not" recognition criteria, and a measurement attribute that measures the position as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement. ASC 740 also requires the recognition of liabilities created by differences between tax positions taken in a tax return and amounts recognized in the financial statements. See Note 20 for disclosure in regard to the impact of the adoption of ASC 740 on the Company's consolidated financial statements.

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Dec. 31, 2011
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 3 – Recent Accounting Pronouncements ASU 2011-03 – In April 2011, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2011-03, "Reconsideration of Effective Control for Repurchase Agreements" ("ASU 2011-03"). ASU 2011-03 provides amendments to ASC No. 860 "Transfers and Servicing", which remove from the assessment of effective control (1) the criterion requiring the transferor to have the ability to repurchase or redeem the financial assets on substantially the agreed terms, even in the event of default by the transferee, and (2) the collateral maintenance implementation guidance related to that criterion. The amendments in this update are effective prospectively for transactions or modifications of existing transactions that occur on or after the beginning of the first interim or annual reporting period beginning on or after December 15, 2011, with early adoption not permitted. The Company is currently assessing the impact of the adoption of this update on the Company's consolidated financial condition, results of operations and cash flows. ASU 2011-04 – In May 2011, the FASB issued ASU No. 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS" ("ASU 2011-04"). ASU 2011-04 provides amendments to ASC No. 820 "Fair Value Measurement", which results in a consistent definition of fair value and common requirements for measurement of and disclosure of fair value between U.S. GAAP and IFRS. Some of the amendments clarify the Board's intent about the application of existing fair value measurement requirements, while others change a particular principle or requirement for measuring fair value or for disclosing information about fair value measurements. The amendments in this update are effective prospectively during interim and annual periods beginning after December 15, 2011, with early adoption not permitted. The Company is currently assessing the impact of the adoption of this update on the Company's consolidated financial condition, results of operations and cash flows. ASU 2011-05 – In June 2011, the FASB issued ASU No. 2011-05, "Presentation of Comprehensive Income" ("ASU 2011-05"). ASU 2011-05 provides amendments to ASC No. 220 "Comprehensive Income", which require an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The amendments in this update are effective retrospectively for fiscal years and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. The FASB recently decided that the specific requirement to present items that are reclassified from other comprehensive income to net income alongside their respective components of net income and other comprehensive income will be deferred (See-"ASU 2011-12" below). The Company is currently assessing the impact of the adoption of this update on the Company's consolidated financial condition, results of operations and cash flows. ASU 2011-08 – In September 2011, the FASB issued ASU No. 2011-08, "Testing Goodwill for Impairment" ("ASU 2011-08"). ASU 2011-08 provides amendments to ASC No. 350 "Intangibles – Goodwill and Other", which are intended to reduce complexity and costs by allowing an entity the option to make a qualitative evaluation about the likelihood of goodwill impairment to determine whether it should calculate the fair value of a reporting unit. The amendments also improve previous guidance by expanding upon the examples of events and circumstances that an entity should consider between annual impairment tests in determining whether it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount. Also, the amendments improve the examples of events and circumstances that an entity having a reporting unit with a zero or negative carrying amount should consider in determining whether to measure an impairment loss, if any, under the second step of the goodwill impairment test. The amendments are effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011, with early adoption permitted. The Company is currently assessing the impact of the adoption of this update on the Company's consolidated financial condition, results of operations and cash flows. ASU 2011-11 – In December 2011, the FASB issued ASU No. 2011-11, "Disclosures about Offsetting Assets and Liabilities" ("ASU 2011-11"). ASU 2011-11 provides amendments to ASC No. 210, "Balance Sheet", which are intended to enhance disclosures required by U.S. GAAP by requiring improved information about financial instruments and derivative instruments that are either (1) offset in accordance with either Section 210-20-45 or Section 815-10-45 or (2) subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either Section 210-20-45 or Section 815-10-45. This information will enable users of an entity's financial statements to evaluate the effect or potential effect of netting arrangements on an entity's financial position, including the effect or potential effect of rights of setoff associated with certain financial instruments and derivative instruments in the scope of this update. The amendments in this update are effective retrospectively for interim and annual periods beginning after January 1, 2013. The Company is currently assessing the impact of the adoption of this update on the Company's consolidated financial condition, results of operations and cash flows. ASU 2011-12 – In December 2011, the FASB issued ASU No. 2011-12, "Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05" ("ASU 2011-12"). ASU 2011-12 provides amendments to ASU No. 2011-05, "Presentation of Comprehensive Income," which provides amendments to ASC No. 220 "Comprehensive Income." The amendments in ASU 2011-12 defer only those changes in ASU 2011-05 that relate to the presentation of reclassification adjustments, to allow the Board time to redeliberate whether to present on the face of the financial statements the effects of reclassifications out of accumulated other comprehensive income on the components of net income and other comprehensive income for all periods presented. All other requirements in ASU 2011-05 are not affected by this update, including the requirement to report comprehensive income either in a single continuous financial statement or in two separate but consecutive financial statements. The amendments are effective for public entities for fiscal years, and interim periods within those years, beginning after December 15, 2011. The Company is currently assessing the impact of the adoption of this update on the Company's consolidated financial condition, results of operations and cash flows.

Business Changes And Developments

12 Months Ended

Dec. 31, 2011

Business Changes And Developments

Note 4 – Business Changes and Developments

Year Ended December 31, 2011

Lexicon Partnership LLP – On August 19, 2011, the Company completed its acquisition of all of the outstanding partnership interests of Lexicon, in accordance with the definitive sale and purchase agreement entered into on June 7, 2011, for consideration consisting of cash and stock. In the aggregate, the sellers will receive approximately £46,142, or $76,167, in cash and 1,911 shares of the Company's Class A common stock, par value $0.01 per share ("Class A Shares"). Of the total consideration, £31,598, or $52,160, in cash was paid and 28 Class A Shares were issued to the sellers at closing, and approximately £5,619, or $9,274, in cash was paid to the sellers on December 31, 2011. Payment of the remaining approximately £8,925, or $14,733, in cash and 1,883 restricted Class A Shares will be deferred and will vest under graded vesting in various installments over a four-year period. Accordingly, these amounts will be expensed over the graded vesting period and included in Employee Compensation and Benefits expense. This deferred consideration, whether in the form of Class A Shares or cash, upon vesting, will be delivered to the sellers on the earlier of (i) the first anniversary of the relevant vesting date and (ii) the date of the first secondary offering by the Company following the relevant vesting date. Vesting of the Class A Shares and cash consideration will accelerate in certain circumstances, including, but not limited to, a seller's termination without cause, a qualifying retirement or upon a change of control. In addition, upon closing the Company funded the repayment of £5,039, or $8,318, of outstanding Lexicon capital notes. These notes are included as Long-term Debt in the table below.

Lexicon was purchased to expand the Company's advisory capabilities.

The purchase price of the acquisition has been allocated to the assets acquired and liabilities assumed using the fair values as determined by management as of the acquisition date. The computation of goodwill was based on the fair value at August 19, 2011. The purchase price allocation is as follows:


	Amount
Purchase Price:
Cash Paid	$	52,160
Fair Value of Shares Issued		636
Fair Value of Deferred Cash Consideration		9,274

Total Fair Value of Purchase Price		62,070

Fair Value of Assets Acquired and Liabilities Assumed:
Cash and Cash Equivalents		21,812
Accounts Receivable		7,821
Prepaid Expenses		9,504
Fixed Assets		429
Other Assets		964
Intangible Assets		7,164
Current Liabilities		(21,592	)
Long-term Debt		(8,318	)

Identifiable Net Assets		17,784

Goodwill Resulting from Business Combination	$	44,286

In conjunction with the acquisition, the Company recognized accounts receivable with a gross value of $7,821, which approximates fair value, all of which are expected to be collected. The goodwill reflects the replacement cost of an assembled workforce associated with personal reputations, relationships and business specific knowledge, as well as the value of expected synergies. The total amount of goodwill is expected to be deductible for tax purposes.

In connection with the acquisition of Lexicon, the Company recorded client related intangible assets of $7,164. Management views client related assets as the primary intangible assets of Lexicon. The intangible assets were valued at the date of acquisition at their fair value as determined by management. The intangible assets are amortized over an estimated useful life of six months. The Company recognized $5,075 of amortization expense related to these intangible assets for the year ended December 31, 2011.

Goodwill and intangible assets recognized as a result of this acquisition are included in the Investment Banking Segment.

During the fourth quarter of 2011, the Company fully integrated the operations of Lexicon in its existing operations. Accordingly, operating costs cannot be explicitly segregated and it is not possible to measure the marginal operating income attributable to the business. Below is an estimate of expenses derived from Lexicon's historical expense run-rate. The Company's consolidated results for the year ended December 31, 2011, included revenue of $41,637 and estimated operating expenses of $32,073, resulting in estimated operating income of $9,564 related to Lexicon from the period of acquisition, August 19, 2011 to December 31, 2011, before taking into consideration certain acquisition related charges, as follows. The Company also incurred $23,587 of other expenses related to the Lexicon acquisition, which included $14,618 of acquisition related compensation charges, $3,894 of Special Charges and $5,075 of intangible amortization expense associated with the acquisition of Lexicon. See Note 5 for a further explanation of Special Charges and Note 22 for a further explanation of Other Expenses.

If the acquisition of Lexicon was effective as of January 1, 2010, the operating results of the Company, on a pro forma basis, would have been:


	For the Years Ended December 31,
	2011		2010
	(Unaudited)
Net Revenues	$	575,344	$	446,174
Pre-tax Income	$	31,325	$	18,650
Net Income from Continuing Operations Attributable to Evercore Partners Inc.	$	4,635	$	2,504
Diluted Net Income Per Share from Continuing Operations Available to Evercore Partners Inc.	$	0.15	$	0.10

ABS Investment Management, LLC – On December 29, 2011, the Company completed its acquisition of a 45% non-controlling interest in ABS, a Connecticut based institutionally focused hedge fund-of-funds manager, for a cash purchase price of $45,104, subject to certain adjustments after the closing, as set forth in the Purchase Agreement. Following the consummation of the transaction, the remaining 55% of the interest in ABS is owned by the founders of ABS and its employees. ABS is governed by a five member management committee consisting of three members of ABS' management team and two designees of the Company. The Company does not have majority voting power and therefore the Company does not maintain the unilateral ability to control significant operational or corporate governance matters of ABS and the founders of ABS have certain protective and participating rights which include the ability to block certain corporate actions relating to liquidation or sale of any material assets, approval of any material transaction outside of the ordinary course of business and approval of the annual budget and compensation arrangements. Accordingly, this transaction is accounted for as an equity method investment.

Evercore Asset Management – In October 2011, EAM announced its plan to wind down its business. Management and the Company made this decision because EAM was unable to attain sufficient scale to be a viable business due to several factors including the ongoing effects of the financial crisis. Accordingly, at this time it was determined there would be no future cash inflows from EAM. As a result, during the third quarter of 2011 the Company concluded that EAM's client-based intangible assets had no future value, which resulted in a $975 charge included within Income (Loss) from Discontinued Operations related to the write-off of these intangibles.

As a result of the above, during October 2011 the Company performed a Step 1 impairment test for the Goodwill in its Institutional Asset Management reporting unit, which included EAM. The amount of Goodwill allocated to this reporting unit was approximately $94,700 as of September 30, 2011. In this process, the Company made estimates and assumptions to determine the fair value of this reporting unit and to project future earnings using valuation techniques. The Company used its best judgment and the information available to it at the time to perform this review. Because assumptions and estimates were used in projecting future earnings as part of the valuation, actual results could differ. Certain circumstances such as continued decreases in AUM resulting from either net outflows or market declines may have a negative impact on the future earnings of this reporting unit and could have a negative effect on its fair value.

In determining the fair value of this reporting unit, the Company utilized both a market multiple approach and a discounted cash flow methodology based on the adjusted cash flows from operations. The market multiple approach included applying the average earnings multiples of comparable public companies multiplied by the forecasted earnings of the reporting unit to yield an estimate of fair value. The discounted cash flow methodology began with the adjusted cash flows from the reporting unit and used a discount rate that reflected the weighted average cost of capital adjusted for the risks inherent in the future cash flows. As of September 30, 2011, the Company concluded that the fair value of our Institutional Asset Management reporting unit exceeded its carrying value by approximately 15%.

The following is a summary of the assets and liabilities of EAM as of December 31, 2011 and 2010:


	December 31,
	2011		2010
Assets
Cash and Cash Equivalents	$	3,480	$	1,534
Accounts Receivable		303		606
Intangible Assets		—		1,073
Other Assets		—		60

Total Assets	$	3,783	$	3,273

Liabilities
Payable to Employees and Related Parties	$	—	$	2,987
Accrued Compensation and Benefits		—		574
Other Liabilities		—		207

Total Liabilities	$	—	$	3,768

EAM had pretax losses of $4,198, $2,618 and $2,264 reported in discontinued operations for the years ended December 31, 2011, 2010 and 2009, respectively.

Year Ended December 31, 2010

Atalanta Sosnoff Capital, LLC – In May 2010, the Company purchased an interest in Atalanta Sosnoff Capital LLC ("Atalanta Sosnoff"), representing a 49% economic interest, for a cash purchase price of $68,992. Following the consummation of the transaction, the remainder of Atalanta Sosnoff's economic interests, which includes management's profits interest, is owned by the senior management of Atalanta Sosnoff. The senior management of Atalanta Sosnoff retains interests comprised of Series A-2 Capital Interests, Series B Capital Interests and Series C Profits Interests, which represents 5.5%, 19.6% and 25.9%, respectively, for a 51% economic interest. The Company owns Series A-1 Capital Interests, which represents a 49% economic interest. The Series C interest is a profits interest; accordingly, the Company is required to account for this interest as a compensation arrangement. Excluding the Series C interest, the Company's equity interest in Atalanta Sosnoff is 66%. Atalanta Sosnoff was purchased to expand the Company's asset management capabilities. Atalanta Sosnoff manages assets for institutional, high net-worth and broker-advised clients, and is focused on managing large-cap U.S. equity and balanced accounts. The Company consolidates the financial results of Atalanta Sosnoff based on provisions in the Operating Agreement which give the Company the majority vote in the Management Committee of Atalanta Sosnoff, which is the governing committee with decision making power over Atalanta Sosnoff's operations. The Management Committee of Atalanta Sosnoff controls the operations of Atalanta Sosnoff, including actions such as the appointment and termination of key management members of Atalanta Sosnoff, the approval of Atalanta Sosnoff's budget as well as any material expenditure outside of its budget, the launch of new products or material changes in the pricing of existing products, and entering or exiting lines of business. Responsibility for day-to-day operations is vested with the management of Atalanta Sosnoff, including managing client relationships and making discretionary investment decisions. The senior management of Atalanta Sosnoff, through a supermajority vote of the Management Committee, retains customary protective rights over specified matters that may arise outside of the ordinary course of business and/or where the probability of occurrence is remote.

The purchase price of the acquisition has been allocated to the assets acquired and liabilities assumed using the fair values as determined by management as of the acquisition date. The computation of goodwill was based on its fair value at May 28, 2010, as presented below.


Purchase Price:
Cash Paid	$	68,992
Fair Value of Contingent Consideration		14,037

Fair Value of Consideration Transferred		83,029
Fair Value of Noncontrolling Interest		42,381

Total Fair Value of Purchase Price		125,410

Fair Value of Assets Acquired and Liabilities Assumed:
Cash and Cash Equivalents		1,410
Accounts Receivable		7,034
Investments		9
Prepaid Expenses		321
Fixed Assets		114
Intangible Assets		43,280
Accounts Payable and Accrued Expenses		(668	)
Accrued Compensation and Benefits		(6,278	)
Income Taxes Payable		(21	)

Identifiable Net Assets		45,201

Goodwill Resulting from Business Combination	$	80,209

In conjunction with the acquisition, the Company recognized accounts receivable with a gross value of $7,034, which approximates fair value. The goodwill reflects the replacement cost of an assembled workforce associated with personal reputations, relationships and business specific knowledge, as well as the value of expected synergies and premiums paid by the Company and inherent in the value of the noncontrolling interest holders.

The Purchase Agreement provided for earn-out consideration to the sellers of $14,700 if Atalanta Sosnoff's earnings before interest, taxes, depreciation and amortization ("EBITDA") exceed $19,500 for 2010. The sellers received a pro-rata portion of the $14,700 if Atalanta Sosnoff's EBITDA exceeded $17,000, but did not exceed $19,500. The earn-out consideration was payable 50% in cash and 50% in restricted Class A Shares. In December 2010, the majority of the earn-out consideration was paid, with 20% of the cash portion paid upon successful completion of an audit in 2011. The fair value of the remaining contingent payment was $1,470 as of December 31, 2010. This earn-out was paid during 2011.

In connection with the acquisition of Atalanta Sosnoff, the Company recorded intangible assets of $39,700, $1,800 and $1,780 relating to Client Relationships, Trademarks and Non-Compete/Non-Solicit Agreements, respectively. Management views client relationships as the primary intangible assets of Atalanta Sosnoff, as management believes the client relationships are stable and recurring. The intangible assets were valued at the date of acquisition at their fair value as determined by management. The intangible assets are generally amortized over estimated useful lives ranging from four to 15 years. The Company recognized $6,228 and $3,632 of amortization expense related to these intangible assets for the years ended December 31, 2011 and 2010, respectively.

Goodwill and intangible assets recognized as a result of this acquisition are included in the Investment Management Segment.

The Company's consolidated results include revenue of $43,617 and $27,079 and pre-tax income and $7,816 and $5,264, respectively, for the years ended December 31, 2011 and 2010, from Atalanta Sosnoff.

Morse, Williams and Company, Inc. – In May 2010, the Company, through Evercore Wealth Management ("EWM"), acquired Morse Williams and Company, Inc., a registered investment advisor that provides separate management services for tax-exempt institutions and taxable clients. The terms of the acquisition included share-based initial consideration of $1,350 and contingent consideration based on future investment fees earned. The fair value of the earn-out consideration was $1,096 and $627 as of December 31, 2011 and 2010, respectively. The transaction resulted in goodwill of $848 and intangible assets relating to Client Relationships of $1,130, recognized in the Investment Management Segment. The Client Relationships are being amortized over 9 years. Amortization expense related to these intangibles was $124 and $84 for the years ended December 31, 2011 and 2010, respectively.

MJC Associates – In April 2010, the Company entered into an agreement to acquire MJC Associates, a commercial real estate advisory boutique. The terms of the acquisition include $2,000 of cash payable at the closing, $1,000 of cash payable on each of the three anniversary dates of the closing and $3,000 of restricted stock, which is contingently issuable based on minimum future revenues. The transaction was consummated on July 8, 2010. The fair value of the earn-out consideration was $4,570 and $5,282 as of December 31, 2011 and 2010, respectively. The transaction resulted in goodwill of $6,183 and intangible assets relating to Client Relationships of $940 and Non-compete agreements of $135, recognized in the Investment Banking Segment. The Client Relationships and Non-compete agreements are being amortized over five months and five years, respectively. Amortization expense related to these intangibles was $24 and $954 for the years ended December 31, 2011 and 2010, respectively.

Private Funds Group of Neuberger Berman – In February 2010, the Company acquired assets of PFG for initial consideration of $1,000 and contingent consideration based on future revenues earned. The Company's commitment to pay earn-out consideration was based on varied percentages of future fees earned over the 18 month period following the acquisition. The fair value of the earn-out consideration was $1,653 as of December 31, 2010. This earn-out was paid during 2011. The transaction resulted in goodwill of $990 and intangible assets relating to Acquired Mandates and Client Relationships of $1,810 and $2,300, respectively, recognized in the Investment Banking Segment. The Acquired Mandates and Client Relationships are being amortized over four years and seven years, respectively. Amortization expense related to these intangibles was $760 and $664 for the years ended December 31, 2011 and 2010, respectively.

The seller did not maintain U.S. GAAP basis financial statements for PFG. The Company is unable to independently substantiate the significant assumptions that must be made in order to compile U.S. GAAP basis financial statements for prior periods from what was provided by the seller. As a result, the Company believes it is impracticable to disclose pro forma financial information.

Trilantic Capital Partners – In February 2010, the Company announced the formation of a strategic alliance to pursue private equity investment opportunities for Trilantic Capital Partners' ("Trilantic") current fund and to collaborate on the future growth of Trilantic's business. See Note 15 for further discussion.

G5 Holdings S.A. – In October 2010, the Company acquired a 50% interest in G5. The terms of the investment includes initial consideration of $10,319 in restricted shares of Evercore Class A common stock and $10,867 in cash plus contingent consideration based on multiples of G5's net income over the years 2010 through 2014. The contingent consideration will be paid 50% in cash and 50% in restricted Class A Shares. The Company maintains half of the seats on G5's board of directors. The Company does not maintain the unilateral ability to control significant operational or corporate governance matters of G5 and the founders of G5 have certain protective and participating rights which include the ability to block certain corporate actions relating to liquidation or sale of any material assets, approval of any material transaction outside of the ordinary course of business and approval of the annual budget and compensation arrangements. This transaction was therefore accounted for as an equity method investment.

Goodwill and Intangible Assets

Goodwill associated with the Company's acquisitions is as follows:


	Investment Banking			Investment Management		Total
	Investment Banking			Investment Management		Total
Balance at December 31, 2009	$	34,989		$	14,775	$	49,764
Acquisitions		7,173			81,057		88,230
Foreign Currency Translation		1,037			—		1,037

Balance at December 31, 2010		43,199			95,832		139,031
Acquisitions		44,286			80		44,366
Foreign Currency Translation		(5,548	)		—		(5,548	)

Balance at December 31, 2011	$	81,937		$	95,912	$	177,849

Intangible assets associated with the Company's acquisitions are as follows:


	December 31, 2011
	Gross Carrying Amount						Accumulated Amortization
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
Client Related	$	17,835	$	43,250	$	61,085	$	13,874	$	10,197	$	24,071
Professional Licenses		—		—		—		—		—		—
Acquired Mandates		1,810		—		1,810		836		—		836
Non-compete/Non-solicit Agreements		135		1,780		1,915		40		564		604
Other		—		1,800		1,800		—		190		190

Total	$	19,780	$	46,830	$	66,610	$	14,750	$	10,951	$	25,701


	December 31, 2010
	Gross Carrying Amount						Accumulated Amortization
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
Client Related	$	11,242	$	44,430	$	55,672	$	7,120	$	4,212	$	11,332
Professional Licenses		275		—		275		259		—		259
Acquired Mandates		1,810		—		1,810		384		—		384
Non-compete/Non-solicit Agreements		518		1,780		2,298		380		208		588
Other		714		1,800		2,514		703		71		774

Total	$	14,559	$	48,010	$	62,569	$	8,846	$	4,491	$	13,337

Expense associated with the amortization of intangible assets was $14,315, $7,541 and $2,096 for the years ended December 31, 2011, 2010 and 2009, respectively.

Based on the intangible assets above, as of December 31, 2011, annual amortization of intangibles for each of the next five years is as follows:


2012	$	10,489
2013	$	7,508
2014	$	5,214
2015	$	3,555
2016	$	3,174

As of December 31, 2011, the Company concluded that there was no impairment of Goodwill or Intangible Assets. See "Evercore Asset Management" above for information regarding the Company's impairment assessment performed during the third quarter of 2011.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Appendix F
-Paragraph F4
-Subparagraph e

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Special Charges And Acquisition And Transition Costs	12 Months Ended
Special Charges And Acquisition And Transition Costs	Dec. 31, 2011
Special Charges And Acquisition And Transition Costs [Abstract]
Special Charges And Acquisition And Transition Costs	Note 5 – Special Charges and Acquisition and Transition Costs *Special Charges* The Company recognized costs of $3,894 for the year ended December 31, 2011, as Special Charges incurred in connection with the Lexicon acquisition, including the exiting of a lease commitment for office space of $731, an introducing fee of $1,895, as well as other professional fees incurred by Lexicon of $1,268. See Note 4 for further information on the Company's acquisition of Lexicon. The Company recorded noncash Special Charges of $20,129 for the year ended December 31, 2009 related to the cancellation of 738 unvested employee RSUs and 250 unvested LP Units, as well as costs associated with the U.S. Private Equity restructuring and other cost management initiatives. The expensing of these specific charges had the effect of reducing operating expenses in future periods. Generally, the equity-based awards are expensed over four years. *Acquisition and Transition Costs* The Company has recognized $3,465, $3,399 and $712 for the years ended December 31, 2011, 2010 and 2009, respectively, as Acquisition and Transition Costs incurred in connection with recent acquisitions and other ongoing business development initiatives. These costs are primarily comprised of professional fees for legal and other services. Acquisition and Transition Costs included expenses of $2,118 for the year ended December 31, 2011, related to the Company's acquisition of Lexicon.

Related Parties

12 Months Ended

Dec. 31, 2011

Related Parties [Abstract]

Related Parties

Note 6 – Related Parties

The Company remits payment for expenses on behalf of the private equity funds and is reimbursed accordingly. For the years ended December 31, 2011, 2010 and 2009, the Company disbursed $1,833, $1,301 and $1,313, respectively, on behalf of these entities.

Investment Management Revenue includes income from related parties earned from the Company's private equity funds for portfolio company fees, management fees, expense reimbursements and realized and unrealized gains and losses of private equity fund investments. Total Investment Management revenues from related parties amounted to $6,696, $8,346 and $5,031 for the years ended December 31, 2011, 2010 and 2009, respectively.

Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2011 and 2010:


	December 31,
	2011		2010
Advances to Employees	$	4,830	$	1,994
Personal Expenses Paid on Behalf of Employees and Related Parties		49		240
Receivable from Affiliates		689		—
Reimbursable Expenses Due From Portfolio Companies of the Company's Private Equity Funds		636		485
Reimbursable Expenses Relating to the Private Equity Funds		1,589		746

Receivable from Employees and Related Parties	$	7,793	$	3,465

Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2011 and 2010:


	December 31,
	2011		2010
Board of Director Fees	$	235	$	205
Lexicon Deferred Consideration Payable		358		—
Amounts Due to Former Members of Lexicon		5,844		—
Amounts Due Pursuant to Tax Receivable Agreements(a)		6,210		3,976

Payable to Employees and Related Parties	$	12,647	$	4,181

(a)	Relates to the current portion of the Member exchange of LP Units for Class A Shares. The long-term portion of $137,448 and $97,427 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2011 and 2010, respectively.

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph k

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 3A
-Section 04
-Paragraph b

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 1-4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
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-Section 50
-Paragraph 4
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Topic 850
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 850
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Financial Instruments Owned And Pledged As Collateral At Fair Value, Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase [Abstract]

Marketable Securities

12 Months Ended

Dec. 31, 2011

Marketable Securities [Abstract]

Marketable Securities

Note 7 – Marketable Securities

The amortized cost and estimated fair value of the Company's Marketable Securities as of December 31, 2011 and 2010 were as follows:


	December 31, 2011								December 31, 2010
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-Sale
Debt Securities:
Corporate Bonds	$	1,008	$	—	$	2	$	1,006	$	7,126	$	45	$	—	$	7,171
Municipal Bonds		9,544		9		—		9,553		16,910		107		15		17,002
Other Debt Securities		2,000		—		—		2,000		1,000		—		—		1,000
Seed Capital Investments		10,905		812		27		11,690		14,112		2,250		25		16,337

Total Available-for-Sale		23,457		821		29		24,249		39,148		2,402		40		41,510
Debt Securities Carried by EGL		47,583		518		—		48,101		50,837		501		18		51,320
Mutual Funds		9,350		191		603		8,938		—		—		—		—

Total	$	80,390	$	1,530	$	632	$	81,288	$	89,985	$	2,903	$	58	$	92,830

Scheduled maturities of the Company's available-for-sale debt securities as of December 31, 2011 and 2010 were as follows:


	December 31, 2011				December 31, 2010
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	8,699	$	8,703	$	17,183	$	17,265
Due after one year through five years		3,853		3,856		7,853		7,908

Total	$	12,552	$	12,559	$	25,036	$	25,173

Since 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, and has not incurred credit losses on its securities, it does not consider such unrealized loss positions to be other-than-temporarily impaired at December 31, 2011.

Debt Securities

The Company invests in corporate and municipal bonds, which are classified as available-for-sale securities within Marketable Securities on the Consolidated Statements of Financial Condition. Unrealized gains and losses for these securities are included in Accumulated Other Comprehensive Income and realized gains and losses are included in earnings. The Company had realized gains of $86, $3,450 and $641 for the years ended December 31, 2011, 2010 and 2009, respectively.

Seed Capital Investments

Seed Capital Investments include equity securities and their equivalents, which are classified as available-for-sale securities within Marketable Securities on the Consolidated Statements of Financial Condition. These securities are stated at quoted market value with unrealized gains and losses included in Accumulated Other Comprehensive Income and realized gains and losses included in earnings. The Company had realized gains of $936, $1,653 and $345 for the years ended December 31, 2011, 2010 and 2009, respectively.

Debt Securities Carried by EGL

During the first quarter of 2010, EGL began to invest in a fixed income portfolio consisting primarily of municipal bonds. These securities are carried at fair value, with changes in fair value recorded in Other Revenues on the Consolidated Statement of Operations, as required for broker-dealers in securities. The Company had net realized and unrealized gains (losses) of ($460) and $481 for the years ended December 31, 2011 and 2010, respectively.

Mutual Funds

During the first quarter of 2011, the Company began to invest in a portfolio of mutual funds as an economic hedge against the Company's deferred compensation program. See Note 17 for further information. These securities are carried at fair value, with changes in fair value recorded in Other Revenues on the Consolidated Statements of Operations. The Company had net unrealized gains (losses) of ($412) for the year ended December 31, 2011.

Financial Instruments Owned And Pledged As Collateral At Fair Value, Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase

12 Months Ended

Dec. 31, 2011

Financial Instruments Owned And Pledged As Collateral At Fair Value, Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase

Note 8 – Financial Instruments Owned and Pledged as Collateral at Fair Value, Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase

The Company, through Protego Casa de Bolsa, S.A. de C.V. ("PCB"), enters into repurchase agreements with clients seeking overnight money market returns whereby PCB transfers to the clients Mexican government securities in exchange for cash and concurrently agrees to repurchase the securities at a future date for an amount equal to the cash exchanged plus a stipulated premium or interest factor. PCB deploys the cash received from, and acquires the securities deliverable to, clients under these repurchase arrangements by purchasing securities in the open market, which the Company reflects as Financial Instruments Owned and Pledged as Collateral at Fair Value on the Consolidated Statements of Financial Condition, or by entering into reverse repurchase agreements with unrelated third parties. The Company accounts for these repurchase and reverse repurchase agreements as collateralized financing transactions, which are carried at their contract amounts, which approximate fair value given that the contracts generally mature the following business day. The Company records a liability on its Consolidated Statements of Financial Condition in relation to repurchase transactions executed with clients as Securities Sold Under Agreements to Repurchase. The Company records as assets on its Consolidated Statements of Financial Condition, Financial Instruments Owned and Pledged as Collateral at Fair Value (where the Company has acquired the securities deliverable to clients under these repurchase arrangements by purchasing securities in the open market) and Securities Purchased Under Agreements to Resell (where the Company has acquired the securities deliverable to clients under these repurchase agreements by entering into reverse repurchase agreements with unrelated third parties). These Mexican government securities have an estimated average time to maturity of approximately 3.0 years, as of December 31, 2011, and are pledged as collateral against repurchase agreements. Generally, collateral is posted equal to the contract value at inception and is subject to market changes. These repurchase agreements are primarily with institutional customer accounts managed by PCB and permit the counterparty to pledge the securities.

As of December 31, 2011 and 2010, a summary of the Company's assets, liabilities and collateral received or pledged related to these transactions is as follows:


	December 31, 2011						December 31, 2010
	Asset (Liability) Balance			Market Value of Collateral Received or (Pledged)			Asset (Liability) Balance			Market Value of Collateral Received or (Pledged)
Assets
Financial Instruments Owned and Pledged as Collateral at Fair Value	$	127,178					$	52,217
Securities Purchased Under Agreements to Resell		2,146		$	2,143			126,401		$	126,386

Total Assets	$	129,324					$	178,618

Liabilities
Securities Sold Under Agreements to Repurchase	$	(129,577	)	$	(129,809	)	$	(178,683	)	$	(178,603	)

Investments

12 Months Ended

Dec. 31, 2011

Investments [Abstract]

Investments

Note 9 – Investments

The Company's investments reported on the Consolidated Statements of Financial Condition consist of investments in private equity partnerships and other investments in unconsolidated affiliated companies. The Company's investments are relatively high-risk and illiquid assets. Realized and unrealized gains and losses on our private equity investments are included within Investment Management Revenue. The Company's share of earnings (losses) on our investments in Pan, G5 and ABS are included within Income (Loss) from Equity Method Investments on the Consolidated Statements of Operations.

Investments in Private Equity

The Company's investments in private equity partnerships include investments in Evercore Capital Partners II L.P. and its affiliated entities ("ECP II"), Discovery Americas I, L.P. (the "Discovery Fund"), Evercore Mexico Capital Partners II ("EMCP II"), CSI Capital, L.P. ("CSI Capital") and Trilantic Capital Partners Associates IV L.P. ("Trilantic IV"). Portfolio holdings of the private equity funds are carried at fair value. Accordingly, the Company reflects its pro rata share of the 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.

The Company has concluded that EP II L.L.C., the general partner of ECP II, is a VIE pursuant to ASC 810. The Company owns 8%-9% of the carried interest earned by the general partner of ECP II. The Company's assessment of the design of EP II L.L.C. resulted in the determination that the Company is not acting as an agent for other members of the general partner and is a passive holder of interests in the fund, evidenced by the fact that the Company is a non-voting, non-managing member of the general partner and, therefore, has no authority in directing the management operations of the general partner. Furthermore, the Company does not have the obligation to absorb significant losses or the right to receive benefits that could potentially have a significant impact to EP II L.L.C. Accordingly, the Company has concluded that it is not the primary beneficiary of EP II L.L.C.

As a result of its investment in CITIC Securities International Partners, LTD ("CSIP"), during 2010, the Company made an investment of $3,164 in CSI Capital, a China focused fund affiliated with CSIP, representing approximately 58% of the Company's existing commitment to CSI Capital.

A summary of the Company's investment in the private equity funds as of December 31, 2011 and 2010 was as follows:


	December 31, 2011		December 31, 2010
ECP II	$	5,037	$	4,856
Discovery Fund		2,393		2,734
EMCP II		9,674		7,580
CSI Capital		3,496		3,361
Trilantic IV		4,551		559

Total Private Equity Funds	$	25,151	$	19,090

Net realized and unrealized gains (losses) on private equity fund investments, including performance fees, were $6,200, $2,148 and ($5,179) for years ended December 31, 2011, 2010 and 2009, respectively. In the event the fund performs poorly, the Company may be obligated to repay certain carried interest previously distributed. As of December 31, 2011, the Company had $2,701 of previously received carried interest that may be subject to repayment.

Trilantic Capital Partners

During the first quarter of 2010, the Company made an investment in Trilantic. See Note 15 for further information. This investment had a balance of $15,549 and $15,840 as of December 31, 2011 and 2010, respectively.

Equity Method Investments

A summary of the Company's other equity investments as of December 31, 2011 and 2010 was as follows:


	December 31, 2011		December 31, 2010
Pan	$	2,531	$	2,939
G5		20,595		21,498
ABS		45,104		—

Total Other Equity Investments	$	68,230	$	24,437

Pan

In 2008, the Company made an equity method investment of $4,158 in Pan and maintains a 50% interest at December 31, 2011. This investment resulted in losses of $420, $621 and $1,406 for the years ended December 31, 2011, 2010 and 2009, respectively, included within Income (Loss) from Equity Method Investments on the Consolidated Statements of Operations.

In 2011, the Company provided Pan with additional funding in exchange for notes receivable, which are treated as debt for Pan. The terms of the notes receivable require Pan to periodically pay interest on the debt. These notes, with a carrying value of $667 as of December 31, 2011, are due in 2016. Based on the terms, the Company viewed the lending activities as a reconsideration event and concluded that Pan is a VIE as it did not have a sufficient level of equity to finance its activities without additional subordinated financial support. The Company's assessment of the primary beneficiary of Pan included assessing which parties have the power to significantly impact the economic performance of Pan and the obligation to absorb losses of Pan, which could be potentially significant to Pan, or the right to receive benefits from Pan that could be potentially significant. Specifically, the Company concluded the other parties, including Pan's Chief Executive Officer, have the most significant influence in impacting the cash flows, operating margins and revenues and that the Company is not the primary beneficiary of Pan. The terms of the loan agreements did not change or modify the governance structure of Pan's operating agreement, in which the Company holds three of the six seats on Pan's Board.

As of December 31, 2011 and 2010, the Company has not recorded any of the assets or liabilities of Pan on the Consolidated Statements of Financial Condition.

The maximum exposure to loss represents (i) the Company's equity interest in Pan in both the common and preferred shares, (ii) the outstanding notes receivable on loans made to Pan and (iii) the amount of undrawn preferred capital commitment. See Note 18 for a description of the Company's commitment to purchase preferred equity of Pan.

During the fourth quarter of 2010, the Company made an equity method investment in G5. This investment resulted in a gain of $1,340 and $64 for the years ended December 31, 2011 and 2010, respectively, included within Income (Loss) from Equity Method Investments on the Consolidated Statements of Operations.

Cost Basis Investments

In 2009, the Company invested $1,250 in CSIP in exchange for a 5% noncontrolling interest in the entity that was accounted for on the cost basis. During the fourth quarter of 2011, the Company and CSIP agreed to terminate the advising activities with respect to this venture and, accordingly, the Company incurred a charge for the write-off of this investment of $1,250, included within Other Expenses on the Consolidated Statement of Operations.

Fair Value Measurements

12 Months Ended

Dec. 31, 2011

Fair Value Measurements [Abstract]

Fair Value Measurements

Note 10 – Fair Value Measurements

The Company adopted ASC 820, "Fair Value Measurements and Disclosures" ("ASC 820"), as of January 1, 2008, which among other matters, requires enhanced disclosures about investments that are measured and reported at fair value. The adoption did not have a material impact on the results of the Company. ASC 820 establishes a hierarchal 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 I – Quoted prices are available in active markets for identical investments as of the reporting date. The type of investments included in Level I include listed equities and listed derivatives. As required by ASC 820, the Company does not adjust the quoted price for these investments, even in situations where Evercore holds a large position and a sale could reasonably impact the quoted price.

Level II – 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. The estimated fair values of these securities are based on quoted market prices provided by external pricing services.

Level III – 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 assets and liabilities measured at fair value on a recurring basis as of December 31, 2011 and 2010:


	December 31, 2011
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities(1)	$	—	$	106,951	$	—	$	106,951
Seed Capital Investments		9,150		2,540		—		11,690
Mutual Funds		8,938		—		—		8,938
Financial Instruments Owned and Pledged as Collateral at Fair Value		127,178		—		—		127,178

Total Assets Measured At Fair Value	$	145,266	$	109,491	$	—	$	254,757


	December 31, 2010
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities(1)	$	—	$	89,931	$	—	$	89,931
Seed Capital Investments		15,588		749		—		16,337
Financial Instruments Owned and Pledged as Collateral at Fair Value		52,217		—		—		52,217

Total Assets Measured At Fair Value	$	67,805	$	90,680	$	—	$	158,485

(1)	Includes $46,291 and $13,438 of municipal bonds and commercial paper classified within Cash and Cash Equivalents on the Consolidated Statement of Financial Condition as of December 31, 2011 and 2010, 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 Company had no transfers between fair value levels during the twelve months ended December 31, 2011.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 825
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-Section 50
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-Name Accounting Standards Codification
-Topic 825
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Furniture, Equipment And Leasehold Improvements [Abstract]

Furniture, Equipment And Leasehold Improvements

12 Months Ended

Dec. 31, 2011

Furniture, Equipment And Leasehold Improvements

Note 11 – Furniture, Equipment and Leasehold Improvements

Furniture, Equipment and Leasehold Improvements consisted of the following:


	December 31,
	2011			2010
Furniture and Office Equipment	$	7,137		$	5,877
Leasehold Improvements		19,890			13,995
Computer and Computer-related Equipment		7,900			6,353

Total		34,927			26,225
Less: Accumulated Depreciation and Amortization		(13,490	)		(11,302	)

Furniture, Equipment and Leasehold Improvements, Net	$	21,437		$	14,923

Depreciation and amortization expense for Furniture, Equipment and Leasehold Improvements totaled $3,431, $2,380 and $2,304 for the years ended December 31, 2011, 2010 and 2009, respectively.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

Issuance Of Notes Payable And Warrants	12 Months Ended
Issuance Of Notes Payable And Warrants	Dec. 31, 2011
Issuance Of Notes Payable And Warrants [Abstract]
Issuance Of Notes Payable And Warrants	<font style="font-family: Times New Roman;" class="_mt" size="2"> </font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Note 12 – Issuance of Notes Payable and Warrants </b></font></p> <p style="margin-top: 6px; text-indent: 32px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On August 21, 2008, the Company entered into a Purchase Agreement with Mizuho Corporate Bank, Ltd. ("Mizuho") pursuant to which Mizuho purchased from the Company $<font class="_mt">120,000</font> principal amount of Senior Notes due <font class="_mt">2020</font> with a <font class="_mt">5.20</font>% coupon and warrants to purchase <font class="_mt">5,455</font> Class A Shares at $<font class="_mt">22.00</font> per share (the "Warrants") expiring in 2020. Based on their relative fair value at issuance, plus accretion, the Senior Notes and Warrants were reflected in Notes Payable and Additional Paid-In-Capital on the Consolidated Statements of Financial Condition. The Senior Notes have an effective yield of <font class="_mt">7.94</font>%. At December 31, 2011, the fair value of the Company's Senior Notes exceeded their aggregate carrying value by approximately $<font class="_mt">23,000</font>. The fair value of the Company's Senior Notes was estimated based on a present value analysis utilizing aggregate market yields for similar financial instruments. </font></p> <p style="margin-top: 12px; text-indent: 32px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The holder of the Senior Notes may require the Company to purchase, for cash, all or any portion of the holder's Senior Notes upon a change of control of the Company for a price equal to the aggregate accreted amount of such Senior Notes, (the "Accreted Amount"), plus accrued and unpaid interest. Senior Notes held by Mizuho will be redeemable at the Accreted Amount at the option of the Company at any time within <font class="_mt">90</font> days following the date on which Mizuho notifies the Company that it is terminating their strategic alliance agreement ("Strategic Alliance Agreement"). Senior Notes held by any other holder than Mizuho will be redeemable at the Accreted Amount (plus accrued and unpaid interest) at the option of the Company at any time beginning on the third anniversary of the closing of the Senior Notes and Warrants. In the event of a default under the indenture, the trustee or holders of 33 1/3% of the Senior Notes may declare that the Accreted Amount is immediately due and payable. </font></p> <p style="margin-top: 12px; margin-bottom: 0px; font-size: 1px;"> </p> <p style="margin-top: 12px; text-indent: 32px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Pursuant to the agreement, Mizuho may not transfer the Senior Notes or Warrants until August 16, 2012 or, if the Strategic Alliance Agreement is terminated, <font class="_mt">one</font> year following such termination. The Company has a right of first offer on any proposed transfer by Mizuho of the Warrants, Common Stock purchased in the open market or acquired by exercise of the Warrants and associated Common Stock issued as dividends. </font></p> <p style="margin-top: 12px; text-indent: 32px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The exercise price for the Warrants is payable, at the option of the holder of the Warrants, either in cash or by tender of Senior Notes at the Accreted Amount, at any point in time. </font></p> <p style="margin-top: 12px; text-indent: 32px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">As of December 31, 2011, the future payments required on the Senior Notes, including principal and interest were as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="84%" align="center"> <tr><td width="87%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2012</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2013</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2014</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2015</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2016</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Thereafter</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">144,960</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="border-top: #000000 1px solid;"> </p></td> <td valign="bottom"> <p style="border-top: #000000 1px solid;"> </p></td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total</font></p></td> <td valign="bottom"><font class="_mt" size="1"> </font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">176,160</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="border-top: #000000 3px double;"> </p></td> <td valign="bottom"> <p style="border-top: #000000 3px double;"> </p></td> <td> </td></tr></table></div>

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2011
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 13 – Employee Benefit Plans *Defined Contribution Retirement Plan* – The Company, through a subsidiary, provides certain retirement benefits to employees through a qualified retirement plan. The Evercore Partners Services East L.L.C. Retirement Plan (the "Plan") is a defined contribution plan with a salary deferral feature under Section 401(k) of the Internal Revenue Code. It also includes a discretionary profit sharing feature. The Plan was formed on February 1, 1996 and subsequently amended. The Plan year ends on December 31 of each year. The Company, at its sole discretion, determines the amount, if any, of profit to be contributed to the Plan. The Company made no contributions for the years ended December 31, 2011, 2010 and 2009. *Evercore Europe Defined Contribution Benefit Plan* – Evercore Europe established the Evercore Partners Limited Group Personal Pension Plan (the "Evercore Europe Plan"), a defined contribution benefit plan, in November 2006 for Evercore Europe employees. The Evercore Europe Plan has a salary deferral feature as permitted under existing tax guidelines for HM Customs and Revenue, the Inland Revenue Service in the United Kingdom. Evercore Europe employees must elect to participate in the plan, and Evercore Europe has a minimum annualized contribution of 15% to 50% of an employee's salary for all employees who participate, depending on the respective employee's level within the Company. Evercore Europe employees are also eligible to contribute up to 10% of their salary to the Evercore Europe Plan. Under the terms of the Evercore Europe Plan, if an employee contributes a minimum of 7.5% to 10% of their salary to the plan, Evercore Europe must make a matching contribution of 5% to 10% of the employee's salary depending on the employee's level within the Company. The Company made contributions to the Evercore Europe Plan for the years ended December 31, 2011, 2010 and 2009 totaling $2,094, $1,496 and $1,317, respectively.

Evercore Partners Inc. Stockholders' Equity	12 Months Ended
Evercore Partners Inc. Stockholders' Equity	Dec. 31, 2011
Evercore Partners Inc. Stockholders' Equity [Abstract]
Evercore Partners Inc. Stockholders' Equity	Note 14 – Evercore Partners Inc. Stockholders' Equity *Offerings* – During the second quarter of 2011, the Company had an offering of 5,365 Class A Shares. A portion of the proceeds were used to purchase from certain holders, including members of the Company's senior management, a number of outstanding LP Units. The Company used a portion of the remainder of the proceeds to fund the initial cash payments associated with the acquisition of Lexicon. See Note 4. The offering resulted in an increase to Common Stock and Additional Paid-In-Capital of $54 and $167,880, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. The Company also had an offering of 2,954 Class A Shares during 2010, resulting in an increase to Common Stock and Additional Paid-In-Capital of $29 and $77,573, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2010. The Company used all of the proceeds from the 2010 offering to purchase from certain holders, including members of the Company's senior management, a number of outstanding LP Units that was equal to the number of newly-issued Class A Shares sold by the Company in the offering. The purchase of outstanding LP Units resulted in a decrease to Additional Paid-In-Capital of $84,195 and $69,828 on the Company's Consolidated Statement of Financial Condition as of December 31, 2011 and 2010, respectively. See Note 15 for the impact of this transaction on Noncontrolling Interest. Additionally, the above transactions resulted in an increase in the tax basis of the tangible and intangible assets of Evercore LP, which triggered an additional liability under the tax receivable agreement that was entered into in 2006 between the Company and the LP Unit holders. The agreement provides for a payment to the LP Unit holders of 85% of the cash tax savings (if any), resulting from the increased tax benefits from the exchange and for the Company to retain 15% of such benefits. Accordingly, Deferred Tax Assets – Non-Current, Amounts Due Pursuant to Tax Receivable Agreements and Additional Paid-In-Capital increased $47,481, $40,360 and $7,122, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2011 and Deferred Tax Assets – Non-Current, Amounts Due Pursuant to Tax Receivable Agreements and Additional Paid-In-Capital increased $36,959, $31,415 and $5,544, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2010. See Note 18 for estimated future payments related to the tax receivable agreement. *Dividends* – The Company's Board of Directors declared on January 31, 2012, a quarterly cash dividend of $0.20 per share, to the holders of Class A Shares as of February 24, 2012, which will be paid on March 9, 2012. During the year ended December 31, 2011, the Company declared and paid dividends of $0.74 per share, totaling $19,346. During the year ended December 31, 2010, the Company declared and paid dividends of $0.63 per share, totaling $12,358. See Note 17 for information related to the Company's dividend equivalent units. *Treasury Stock* – During 2011, the Company purchased 1,587 Class A Shares from employees at market values ranging from $15.76 to $36.41 per share primarily for the net settlement of share-based compensation awards. The result of these purchases was an increase in Treasury Stock of $45,105 on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. During 2011, the Company issued 28 Class A Shares from treasury stock in conjunction with the Company's acquisition of Lexicon. The result of this issuance was a decrease in Treasury stock of $636 on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. During 2010, the Company purchased 436 Class A Shares from employees at market values ranging from $23.31 to $36.97 per share for the net settlement of share-based compensation awards and 850 Class A Shares at market values ranging from $23.72 to $30.00 per share pursuant to the Company's share repurchase program. The result of these purchases was an increase in Treasury Stock of $35,053 on the Company's Consolidated Statement of Financial Condition as of December 31, 2010. During 2010, the Company issued 582 Class A Shares from treasury stock in conjunction with the Company's acquisitions and investments. The result of these issuances was a decrease in Treasury stock of $13,271 on the Company's Consolidated Statement of Financial Condition as of December 31, 2010. *LP Units* – During 2011, 423 LP Units were gifted by employees to various charities and exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $4 and $2,545, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. During 2010, 77 LP Units were gifted by employees to various charities and exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $1 and $554, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2010. The above transactions, which increased the Company's ownership in Evercore LP and resulted in a step-up in the tax basis of the assets of Evercore LP, increased both Deferred Tax Assets – Non-Current and Additional Paid-In-Capital by $7,264 and $4,668 on the Company's Consolidated Statement of Financial Condition as of December 31, 2011 and 2010, respectively. See "Offerings" above for additional LP Unit transactions. *Accumulated Other Comprehensive Income (Loss)* – As of December 31, 2011, Accumulated Other Comprehensive Income (Loss) on the Company's Consolidated Statement of Financial Condition includes accumulated Unrealized Gain (Loss) on Marketable Securities, net and Foreign Currency Translation Adjustment of ($1,690) and ($10,368), respectively.

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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Noncontrolling Interest

12 Months Ended

Dec. 31, 2011

Noncontrolling Interest [Abstract]

Noncontrolling Interest

Note 15 – Noncontrolling Interest

Noncontrolling Interest recorded in the consolidated financial statements of the Company relates to a 22% interest in Evercore LP, a 28% interest in PCB, a 49% interest in EWM, a 34% equity interest in Atalanta Sosnoff, a 35% interest in Institutional Equities, and a 14% interest in ETC, not owned by the Company at December 31, 2011. The Atalanta Sosnoff interest excludes the Series C Profits Interest, which has been reflected in Employee Compensation and Benefits Expense on the Consolidated Statements of Operations. The Noncontrolling Interest for Evercore LP, EWM, Atalanta Sosnoff, Institutional Equities and ETC have rights, in certain circumstances, to convert into Class A Shares.

Changes in Noncontrolling Interest for the years ended December 31, 2011, 2010 and 2009 were as follows:


	For the Years Ended December 31,
	2011			2010			2009
Beginning balance	$	66,542		$	29,361		$	15,978
Comprehensive income
Operating income		3,579			8,851			1,816
Other comprehensive income (loss)		(2,218	)		(754	)		4,546

Total comprehensive income		1,361			8,097			6,362
Other items
Evercore LP Units Purchased or Converted into Class A Common Stock		(12,268	)		(9,834	)		(5,623	)
Issuance and sale of LP Units		—			—			15,000
Amortization and Vesting of LP Units		21,057			20,059			8,552
Distributions to Noncontrolling Interests		(19,087	)		(19,513	)		(19,741	)
Fair value of noncontrolling interest in EAM		—			—			5,068
Fair value of noncontrolling interest in ETC		—			—			2,704
Fair value of noncontrolling interest in AS		—			33,139			—
Issuance of noncontrolling interest in IE		917			4,381			—
Other		(360	)		852			1,061

Total other items		(9,741	)		29,084			7,021

Ending balance	$	58,162		$	66,542		$	29,361

In February 2010, the Company issued 500 LP Units in exchange for a minority economic interest in Trilantic. At December 31, 2014, at the option of the holder, these LP Units are exchangeable on a one-for-one basis for Class A Shares or may be redeemed for cash of $16,500. This transaction resulted in Redeemable Noncontrolling Interest on the Consolidated Statements of Financial Condition of $16,090, representing the fair value of the LP Units exchanged at the date of issuance. This value is being accreted to the minimum redemption value of $16,500 over the five-year period ended December 31, 2014. Accretion was $84 and $74 for the years ended December 31, 2011 and 2010, respectively.

In conjunction with the Company's purchase agreement with Atalanta Sosnoff, the Company issued a management member of Atalanta Sosnoff certain capital interests in Atalanta Sosnoff, which are redeemable for cash, at their fair value. Accordingly, these capital interests have been reflected at their fair value of $5,300 and $9,242 within Redeemable Noncontrolling Interest on the Consolidated Statements of Financial Condition at December 31, 2011 and 2010, respectively.

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

Net Income (Loss) Per Share Attributable To Evercore Partners Inc. Common Shareholders [Abstract]

Net Income (Loss) Per Share Attributable To Evercore Partners Inc. Common Shareholders

12 Months Ended

Dec. 31, 2011

Net Income (Loss) Per Share Attributable To Evercore Partners Inc. Common Shareholders

Note 16 – Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders

The calculations of basic and diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders for the years ended December 31, 2011, 2010 and 2009 are described and presented below.


	For the Years Ended December 31,
	2011			2010			2009
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders
Numerator:
Net income (loss) from continuing operations attributable to Evercore Partners Inc.	$	7,918		$	9,471		$	(1,146	)
Associated accretion of redemption price of noncontrolling interest in Trilantic (See Note 15)		(84	)		(74	)		—

Net income (loss) from continuing operations attributable to Evercore Partners Inc. common shareholders		7,834			9,397			(1,146	)
Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders		(966	)		(517	)		(424	)

Net income (loss) attributable to Evercore Partners Inc. common shareholders	$	6,868		$	8,880		$	(1,570	)

Denominator:
Weighted average shares of Class A common stock outstanding, including vested restricted stock units		26,019			19,655			15,545
Basic net income (loss) per share from continuing operations attributable to Evercore Partners Inc. common shareholders	$	0.30		$	0.47		$	(0.07	)
Basic net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders		(0.04	)		(0.02	)		(0.03	)

Basic net income (loss) per share attributable to Evercore Partners Inc. common shareholders	$	0.26		$	0.45		$	(0.10	)

Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders
Numerator:
Net income (loss) from continuing operations attributable to Evercore Partners Inc. common shareholders	$	7,834		$	9,397		$	(1,146	)
Noncontrolling interest related to the assumed exchange of LP Units for Class A common shares		(a	)		(a	)		(a	)
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above		(a	)		(a	)		(a	)

Diluted net income (loss) from continuing operations available for Class A common shareholders		7,834			9,397			(1,146	)
Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders		(966	)		(517	)		(424	)

Diluted net income (loss) from discontinued operations available for Class A common shareholders	$	6,868		$	8,880		$	(1,570	)

Denominator:
Weighted average shares of Class A common stock outstanding, including vested RSUs		26,019			19,655			15,545
Assumed exchange of LP Units for Class A common shares		(a	)		(a	)		(a	)
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		1,903			1,892			(c	)
Assumed conversion of Warrants issued		1,475			1,421			(b	)

Diluted weighted average shares of Class A common stock outstanding		29,397			22,968			15,545

Diluted net income (loss) per share from continuing operations attributable to Evercore Partners Inc. common shareholders	$	0.27		$	0.41		$	(0.07	)
Diluted net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders		(0.04	)		(0.02	)		(0.03	)

Diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders	$	0.23		$	0.39		$	(0.10	)

(a)

During the years ended December 31, 2011, 2010 and 2009, the LP Units (which represent the right to receive Class A Shares upon exchange) were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders. The units that would have been included in the computation of diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 10,356, 13,724 and 14,467 for the years ended December 31, 2011, 2010 and 2009, respectively.

(b)

For the year ended December 31, 2009, the Warrants were antidilutive and consequently the additional shares have been excluded from the calculation of diluted net income per share attributable to Evercore Partners Inc. common shareholders. The additional shares that would have been included in the computation of diluted net income per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 5,455 for the year ended December 31, 2009, reduced for the impact of the Treasury Stock Method, if applicable. ASC 260, "Earnings per Share," requires that the dilutive effect of warrants with multiple conversion alternatives be determined based on the alternative which is most advantageous to the holder of the exchangeable Senior Notes and Warrants. This will generally occur when the market value of the Company's stock exceeds the exercise price of the Warrants, requiring dilution to be determined using the Treasury Stock Method. In certain limited circumstances the dilutive effect of conversion would be calculated using the If-Converted Method.

(c)

During the year ended December 31, 2009, the additional shares of the Company's common stock assumed to be issued pursuant to non-vested restricted stock and RSUs as calculated using the Treasury Stock Method were antidilutive and consequently the additional shares have been excluded from the calculation of diluted net loss per share attributable to Evercore Partners Inc. common shareholders. The additional shares that would have been included in the computation of diluted net loss per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 1,877 for the year ended December 31, 2009. Antidilution is the result of the Company having a loss for the year ended December 31, 2009.

The shares of Class B common stock have no right to receive dividends or a distribution on liquidation or winding up of Evercore Partners Inc. The shares of Class B common stock do not share in the earnings of Evercore Partners Inc. 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 Compensation

12 Months Ended

Dec. 31, 2011

Share-Based And Other Deferred Compensation [Abstract]

Share-Based And Other Deferred Compensation

Note 17 – Share-Based and Other Deferred Compensation

LP Units

At the time of the Company's formation and IPO, collectively referred to as the reorganization ("Reorganization"), Members and certain trusts benefiting certain of their families received 13,548 vested and 9,589 unvested LP Units. The LP Units are exchangeable into Class A common stock of the Company on a one-for-one basis once vested.

During 2009, in conjunction with the Second Amended and Restated Limited Partnership Agreement of Evercore LP, the event-based vesting terms for unvested partnership units, and certain other awards, that would have been triggered if two of the three Evercore founders did not continue to be employed by or serve as a director of Evercore Partners Inc. or its affiliates or if the founders and certain associated entities ceased to beneficially own a specified percentage of their Evercore equity were deleted and replaced with more traditional time-based vesting provisions. Generally, the unvested partnership units now vest ratably on December 31, 2011, 2012 and 2013 so long as the equity holder remains employed with Evercore Partners Inc., Evercore LP or their affiliates on such dates. The Company is expensing the fair value of the awards, prospectively, over the service period. Expense related to the amortization of these partnership units was $22,189, $20,060 and $8,552 for the years ended December 31, 2011, 2010 and 2009, respectively. As of December 31, 2011, the total compensation cost related to unvested LP Units not yet recognized was $40,297. The weighted-average period over which this compensation cost is expected to be recognized is 24 months.

Acquisition-related

During 2011, in connection with the Lexicon acquisition, the Company committed to issue 1,883 restricted Class A Shares, including dividend equivalent units, ("Acquisition-related Awards") and deferred cash consideration. Compensation expense related to the Acquisition-related Awards and deferred cash consideration was $6,621 and $2,455, respectively, for the year ended December 31, 2011. See Note 4 for a further discussion.

The following table summarizes activity related to Acquisition-related Awards during the year ended December 31, 2011:


	Acquisition-related Awards
	Number of Shares		Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2011		—	$	—
Granted		1,911		43,537
Modified		—		—
Forfeited		—		—
Vested		—		—

Unvested Balance at December 31, 2011		1,911	$	43,537

As of December 31, 2011, the total compensation cost related to unvested Acquisition-related equity Awards and deferred cash consideration not yet recognized was $47,826. The weighted-average period over which this compensation cost is expected to be recognized is 42 months.

In addition, certain Lexicon employees received deferred compensation of $1,892, which vests over two years. Compensation expense related to these awards was $413 for the year ended December 31, 2011. As of December 31, 2011, the total compensation cost related to these unvested deferred compensation awards not yet recognized was $1,365. The weighted-average period over which this compensation cost is expected to be recognized is 20 months.

2006 Stock Incentive Plan

In 2006 the Company's stockholders and board of directors adopted the Evercore Partners Inc. 2006 Stock Incentive Plan (the "2006 Plan"). The 2006 Plan permits the Company to grant to key 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 common stock. The total number of shares of Class A common stock which may be issued under the 2006 Plan is 20,000 and the Company intends to use newly-issued shares of Class A common stock to satisfy any awards under the 2006 Plan. Shares of Class A common stock underlying any award granted under the 2006 Plan that expire, terminate or are cancelled or satisfied for any reason without being settled in stock again become available for awards under the 2006 Plan. The total shares available to be granted in the future under the 2006 Plan were 7,434 and 9,549 as of December 31, 2011 and 2010, respectively.

During 2009, the Company began granting dividend equivalents, in the form of unvested RSU awards, concurrently with the payment of dividends to the holders of Class A common stock, on all unvested RSU grants awarded in conjunction with annual bonuses. The dividend equivalents have the same vesting and delivery terms as the underlying RSU award.

IPO Event-based Awards

Pursuant to the 2006 Plan, at the time of the IPO, the Company granted to the Company's employees 2,286 RSUs ("Event-based Awards"), which were convertible into Class A common stock on a one-for-one basis once vested. These Event-based Awards have since fully vested and, as a result, the Company recorded compensation expense equal to the value of these fully-vested awards.

During 2011, 546 Event-based Awards vested primarily in conjunction of the Company's offering of Class A Shares resulting in an expense of $11,467. In 2011, 27 Event-based Awards were forfeited. During 2010, 2 Event-based Awards vested resulting in an expense of $38 and 50 Event-based Awards were forfeited.

The following table summarizes activity related to IPO Event-based awards during the year ended December 31, 2011:


	Event-based Awards
	Number of Shares			Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2011		633		$	13,034
Granted		—			—
Modified		—			—
Forfeited		(27	)		(567	)
Vested		(594	)		(12,265	)

Unvested Balance at December 31, 2011		12		$	202

Deferred Cash Program

During the first quarter of 2011, the Company launched a deferred compensation program providing participants the ability to elect to receive a portion of their deferred compensation in deferred cash, which is indexed to a notional investment portfolio. The Company awarded deferred cash compensation of $9,153 which will vest ratably over four years and require payment upon vesting. Compensation expense related to this deferred compensation program was $1,938 for the year ended December 31, 2011. As of December 31, 2011, the total compensation cost related to the deferred compensation program not yet recognized was $6,982. The weighted-average period over which this compensation cost is expected to be recognized is 38 months.

Equity Grants

2011 Equity Grants. During 2011, pursuant to the 2006 Plan, the Company granted employees 2,273 RSUs that are Service-based Awards. Service-based Awards granted during 2011 had grant date fair values of $21.93 to $36.41 per share. During 2011, 1,552 Service-based Awards vested and 76 Service-based Awards were forfeited. Compensation expense related to Service-based Awards, excluding compensation expense related to the amortization of LP Units, was $47,299 for the year ended December 31, 2011.

During 2011, the Company amended the terms of a Service-based Award with respect to 97 unvested and 37 vested RSUs. Due to this amendment, $2,828 was reclassified from Additional Paid-In-Capital to Other Current Liabilities on the Consolidated Statement of Financial Condition.

The following table summarizes activity related to Service-based Awards, which includes RSUs as well as LP Units, during the year ended December 31, 2011:


	Service-based Awards
	Number of Shares			Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2011		9,437		$	186,770
Granted		2,209			70,225
Modified		(97	)		(527	)
Forfeited		(121	)		(2,778	)
Vested		(3,077	)		(65,639	)

Unvested Balance at December 31, 2011		8,351		$	188,051

As of December 31, 2011, the total compensation cost related to unvested Service-based Awards, excluding LP Units and Acquisition-related Awards, not yet recognized was $82,718. The ultimate amount of such expense is dependent upon the actual number of Service-based Awards that vest. The Company periodically assesses the forfeiture rates used for such estimates. A change in estimated forfeiture rates would cause the aggregate amount of compensation expense recognized in future periods to differ from the estimated unrecognized compensation expense described herein. The weighted-average period over which this compensation cost is expected to be recognized is 23 months.

2010 Equity Grants. During 2010, pursuant to the 2006 Plan, the Company granted employees 1,474 RSUs that are Service-based Awards. Service-based Awards granted during 2010 had grant date fair values of $23.31 to $35.79 per share. During 2010, 1,457 Service-based Awards vested and 32 Service-based Awards were forfeited, excluding the below agreement. Compensation expense related to Service-based Awards, excluding compensation expense related to the amortization of LP Units, was $35,347 for the year ended December 31, 2010.

In September 2010, one of the Company's executives substantially ceased providing active service with the Company. In conjunction with this change in role, the executive has agreed to release all right, title and interest to 275 unvested RSUs, with a grant date fair value of $3,226, since his service condition with the Company, as was contemplated at the time the RSUs were granted, will not be fulfilled. As a result of the executive's significant change in role, this transaction was accounted for as a forfeiture and previously accrued compensation expense of $352, included above, related to the unvested RSUs was reversed in the third quarter of 2010.

During 2010, the Company amended the terms of a Service-based Award with respect to 97 RSUs. Due to this amendment, $2,686 was reclassified from Additional Paid-In-Capital to Other Current Liabilities on the Consolidated Statement of Financial Condition.

2009 Equity Grants. During 2009, pursuant to the 2006 Plan, excluding RSUs granted in conjunction with the appointment of the President and Chief Executive Officer, the Company granted employees 2,663 RSUs that are Service-based Awards. Certain of these awards also contain performance criteria. Service-based awards granted in 2009 had grant date fair values of $11.73 to $33.52 per share. Compensation expense related to Service-based Awards, excluding compensation expense related to the amortization of LP Units, was $28,078 for the year ended December 31, 2009.

During 2009, in accordance with and pursuant to the terms of the 2006 Plan, 900 RSUs were granted in conjunction with the appointment of the President and Chief Executive Officer of the Company. The vesting of these RSUs is contingent on the achievement of certain market conditions subject to continuous employment of the President and Chief Executive Officer of the Company through the fifth anniversary of his appointment (or if prior to the fifth anniversary, employment is terminated by the Company without cause or by the President and Chief Executive Officer for good reason or due to his death or disability). The RSUs are segregated into five groups of 180 RSUs each with share price threshold vesting conditions which are required to exceed a certain level for 20 consecutive trading days. The Company utilized an outside service provider to assist it in determining the fair value of each award and is expensing each award ratably over the implied service period represented by the five year service requirement. The Company maintained full responsibility for the valuation. As the awards contain market-based conditions, the entire expense will be recognized if the award does not vest for any reason other than the service conditions. During 2011, 2010 and 2009, 180 RSUs, 0 RSUs and 540 RSUs satisfied their market condition, respectively. Included above, compensation expense related to this award was $1,816, $1,816 and $1,120 for the years ended December 31, 2011, 2010 and 2009, respectively.

During 2009, the Company issued Performance-based equity awards having a grant date fair value of $538. The delivery of such awards is conditioned on the satisfaction of certain vesting and performance requirements outlined in the award agreements. Management concluded during 2011 that the performance conditions were achieved, and accordingly expensed the full amount during 2011.

Other

The total income tax benefit related to share-based compensation arrangements recognized in the Company's Consolidated Statements of Operations for the years ended December 31, 2011, 2010 and 2009 was $19,423, $9,392 and $5,290, respectively.

During 2011, the Company modified equity-based compensation awards for four employees, primarily relating to the vesting terms of IPO related equity grants. These modifications resulted in the Company recognizing $4,261 in incremental compensation expense. The Company also recorded Special Charges of $20,129 in 2009 related to the cancellation of 988 unvested RSUs and LP Units and a $2,741 charge in Employee Compensation and Benefits on the Company's Consolidated Statements of Operations for the accelerated vesting of 311 RSUs. See Note 5 for a further discussion.

During the first quarter of 2012, as part of the 2011 bonus awards, the Company granted to certain employees approximately 2.4 million unvested RSUs pursuant to the 2006 Plan and $3.9 million of deferred cash awards. These awards vest over four years.

Commitments And Contingencies

12 Months Ended

Dec. 31, 2011

Commitments And Contingencies [Abstract]

Commitments And Contingencies

Note 18 Commitments and Contingencies

Operating Leases The Company leases office space under non-cancelable lease agreements, which expire on various dates through 2023. The Company reflects lease expense over the lease terms on a straight-line basis. Occupancy lease agreements, in addition to base rentals, generally are subject to escalation provisions based on certain costs incurred by the landlord. Occupancy and Equipment Rental on the Consolidated Statements of Operations includes occupancy rental expense relating to operating leases of $16,136, $12,977 and $8,967 for the years ended December 31, 2011, 2010 and 2009, respectively.

In conjunction with the lease of office space in New York and San Francisco, the Company has entered into letters of credit in the amounts of approximately $5,000, which are secured by cash and included in Other Assets on the Company's Consolidated Statements of Financial Condition.

During 2011, in conjunction with agreements to lease additional office space, the Company's annual base rental payments increased approximately $2,200.

The Company has entered into various operating leases for the use of certain office equipment. Rental expense for office equipment totaled $510, $593 and $511 for the years ended December 31, 2011, 2010 and 2009, respectively. Rental expense for office equipment is included in Occupancy and Equipment Rental on the Consolidated Statements of Operations.

As of December 31, 2011, the approximate aggregate minimum future payments required on the operating leases are as follows:


2012	$	21,158
2013		19,943
2014		18,461
2015		18,228
2016		18,705
Thereafter		105,519

Total	$	202,014

Other Commitments As of December 31, 2011, the Company has unfunded commitments for capital contributions of $5,782 to the 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.

During 2010, the Company entered into contracts which have one to three year terms and aggregate minimum annual payments and cancellation fees of approximately $500 and $820.

PCB maintains a line of credit with BBVA Bancomer to fund its trading activities on an intra-day and overnight basis. The intra-day facility is approximately $7,200 and is secured with trading securities when used on an overnight basis. No interest is charged on the intra-day facility. The overnight facility is charged the Inter-Bank Balance Interest Rate plus 10 basis points and is secured with trading securities. There have been no significant draw downs on PCB's line of credit since August 10, 2006. The line of credit is renewable annually.

As a result of offerings of common stock, the Amounts Due Pursuant to Tax Receivable Agreements increased to $137,448. As of December 31, 2011, the Company estimates the contractual obligations related to the Tax Receivable Agreements to be $143,660. The Company expects to pay to the counterparties to the Tax Receivable Agreement $6,217 within one year or less, $21,650 in one to three years, $24,078 in three to five years and $91,715 after five years.

On August 19, 2011, the Company consummated its acquisition of Lexicon. See Note 4 for information related to the Company's commitment in this transaction.

On February 11, 2010, the Company announced the formation of a strategic alliance to pursue private equity investment opportunities with Trilantic and to collaborate on the future growth of Trilantic's business. Under terms of the agreement, the Company issued 500 restricted share equivalents with a minimum redemption value of $16,500 on December 31, 2014 in exchange for a minority economic interest in Trilantic and an interest in Trilantic's current fund, Trilantic Global Fund IV. The Company also will commit 2.5% of the total capital commitments of Trilantic's next private equity fund when it is raised, up to $50,000.

Pursuant to the agreement related to the Institutional Equities business, the Company is committed to maintain at least $50,000 of Member's equity in EGL, as measured in accordance with U.S. GAAP.

During 2008, the Company committed to purchase preferred equity of Pan. The equity may be drawn down anytime before the fifth anniversary of the close of the transaction, subject to the Company's Board's approval. As of December 31, 2011, the Company had $5,409 of remaining commitment to Pan.

The Company also has commitments related to its redeemable noncontrolling interests. See Note 15 for further information.

See Note 4 for the Company's commitments related to the earn-out consideration for acquisitions.

Contingencies

In the normal course of business, from time to time the Company and its affiliates may be 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 the past, the Company and its affiliates have been involved in civil litigation matters. In addition, Mexican, United Kingdom, Hong Kong 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 predicting the outcome of such matters, particularly in cases where claimants seek substantial or indeterminate damages or where investigations and proceedings are in the early stages, the Company cannot predict the 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. Legal reserves are established in accordance with ASC 450, "Accounting for Contingencies" when warranted. Once established, reserves are adjusted when there is more information available or when an event occurs requiring a change.

The entire disclosure for commitments and contingencies.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Regulatory Authorities	12 Months Ended
Regulatory Authorities	Dec. 31, 2011
Regulatory Authorities [Abstract]
Regulatory Authorities	Note 19 – 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"). Rule 15c3-1 requires the maintenance of net capital, as defined, which shall be the greater of $100 or 6 2/3% of aggregate indebtedness, as defined. EGL's regulatory net capital as of December 31, 2011 and 2010 was $67,893 and $62,583, respectively, which exceeded the minimum net capital requirement by $66,726 and $60,738, 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 have consistently operated in excess of their local capital adequacy requirements. ETC, which is limited to fiduciary activities, is regulated by the OCC and is a member bank of the Federal Reserve System. The Company, Evercore LP and ETC are subject to written agreements with the OCC that, among other things, require the Company and Evercore LP to (1) maintain at least $5,000 in Tier 1 capital in ETC (or such other amount as the OCC may require), (2) maintain liquid assets in ETC in an amount at least equal to the greater of $3,500 or 90 days coverage of ETC's operating expenses and (3) provide at least $10,000 of certain collateral held in a segregated account at a third-party depository institution. The collateral is included in Assets Segregated for Bank Regulatory Requirements on the Consolidated Statements of Financial Condition. The Company was in compliance with the aforementioned agreements for 2011.

The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Audit and Accounting Guide (AAG)
-Number AAG-DEP
-Chapter 17
-Paragraph 15, 16, 17
-IssueDate 2006-05-01
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958570-112826

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 505
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-Paragraph 1E
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 1D
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958573-112826

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1F
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958575-112826

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958569-112826

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958577-112826

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1C
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958572-112826

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958568-112826

Income Taxes

12 Months Ended

Dec. 31, 2011

Income Taxes [Abstract]

Income Taxes

Note 20 – Income Taxes

As a result of the Reorganization, the operating business entities of the Company were restructured and a portion of the Company's income is subject to U.S. federal, state, local and foreign income taxes and is taxed at the prevailing corporate tax rates. Taxes Payable as of December 31, 2011 and 2010, were $5,159 and $404, respectively.

The following table presents the U.S. and non-U.S. components of Income (Loss) before income tax expense:


	For the Years Ended December 31,
	2011			2010			2009
U.S.	$	37,681		$	30,091		$	35,442
Non-U.S.		(7,039	)		(4,443	)		(16,909	)

Income before Income Tax Expense(a)	$	30,642		$	25,648		$	18,533

(a)	From continuing operations, net of Noncontrolling Interest.

The components of the provision for income taxes reflected on the Consolidated Statements of Operations for the years ended December 31, 2011, 2010 and 2009 consist of:


	For the Years Ended December 31,
	2011			2010			2009
Current:
Federal	$	2,367		$	10,054		$	7,777
Foreign		4,447			931			1,460
State and Local		4,942			2,256			4,591

Total Current		11,756			13,241			13,828
Deferred:
Federal		11,368			3,115			2,160
Foreign		(1,129	)		(340	)		2,999
State and Local		729			161			692

Total Deferred		10,968			2,936			5,851

Total	$	22,724		$	16,177		$	19,679

A reconciliation between the statutory federal income tax rate and the Company's effective tax rate for the years ended December 31, 2011, 2010 and 2009 is as follows:


	For the Years Ended December 31,
	2011			2010			2009
Reconciliation of Federal Statutory Tax Rates
U.S. Statutory Tax Rate		35.0	%		35.0	%		35.0	%
Increase (Decrease) Due to State and Local Taxes		13.1	%		7.1	%		22.8	%
Rate Benefits as a Limited Liability Company/Flow Through		(5.7	%)		(10.2	%)		(15.6	%)
Foreign Taxes		4.3	%		0.1	%		(16.6	%)
Non-Deductible Expenses(1)		17.1	%		12.2	%		28.7	%
Valuation Allowances		(0.9	%)		0.7	%		34.0	%
Other Adjustments		(1.0	%)		(0.3	%)		1.0	%

Effective Income Tax Rate		61.9	%		44.6	%		89.3	%

(1)	Primarily related to non-deductible share-based compensation expense.

Undistributed earnings of a Brazilian subsidiary totaled $1,311 at December 31, 2011. Deferred taxes have not been provided on these undistributed earnings as the Company considers these amounts to be indefinitely reinvested to finance international growth and expansion. In the event that such amounts were ever remitted, loaned to the Company, or if the stock in the foreign subsidiary was sold, these earnings could become subject to U.S. Federal tax and an income tax provision, if any, would be recognized at that time.

Deferred income taxes are provided for the effects of temporary differences between the tax basis of an asset or liability and its reported amount in the Consolidated Statements of Financial Condition. These temporary differences result in taxable or deductible amounts in future years. Details of the Company's deferred tax assets and liabilities as of December 31, 2011 and 2010 were as follows:


	December 31,
	2011			2010
Current Deferred Tax Assets:
Step up in tax basis due to the exchange of LP Units for Class A Shares	$	8,621		$	5,092

Total Current Deferred Tax Asset	$	8,621		$	5,092

Long-term Deferred Tax Assets:
Depreciation and Amortization	$	13,180		$	5,793
Compensation and Benefits		23,002			28,631
Step up in tax basis due to the exchange of LP Units for Class A Shares		154,574			110,228
Other		15,859			8,056

Total Long-term Deferred Tax Assets	$	206,615		$	152,708

Long-term Deferred Tax Liabilities:
Goodwill and Investments	$	11,715		$	9,994

Total Long-term Deferred Tax Liabilities	$	11,715		$	9,994

Net Long-term Deferred Tax Assets Before Valuation Allowance	$	194,900		$	142,714
Valuation Allowance		(8,211	)		(8,553	)

Net Long-term Deferred Tax Assets	$	186,689		$	134,161

The increase in net deferred tax assets, before valuation allowance, from December 31, 2010 to December 31, 2011 was primarily attributable to an increase in the tax basis of the tangible and intangible assets of Evercore LP, which resulted from the 2011 offering of Class A Shares and Members gifting LP Units to various charities. During 2011, the Company had an offering of 5,365 shares of Class A Shares. This transaction resulted in an increase in the tax basis of the tangible and intangible assets of Evercore LP, which triggered an additional liability under the tax receivable agreement that was entered into in 2006 between the Company and the LP Unit holders. The agreement provides for a payment to the LP Unit holders of 85% of the cash tax savings (if any), resulting from the increased tax benefits from the exchange and for the Company to retain 15% of such benefits. Accordingly, Deferred Tax Assets – Non-Current, Amounts Due Pursuant to Tax Receivable Agreements and Additional Paid-In-Capital increased $47,481, $40,360 and $7,122, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. See Note 14 for further discussion.

Additionally, the increase in net deferred tax assets, before valuation allowance, from December 31, 2010 to December 31, 2011 was also attributable to a $7,387 increase related to the depreciation of fixed assets and amortization of intangible assets and start-up costs associated with the ETC, Braveheart, Protego and Lexicon acquisitions.

The Company recorded an increase in deferred tax assets of $3,046 and $419 associated with changes in Accumulated Comprehensive Income (Loss) for the years ended December 31, 2011 and 2010, respectively.

In 2011 and 2010, the Company concluded that the recoverability of its deferred tax assets in certain of its foreign subsidiaries was not more-likely-than-not to be recoverable, as required by ASC 740. As a result of the assessment, the Company concluded that the net deferred tax assets of these foreign subsidiaries required a full valuation allowance. With respect to net operating loss carry-forwards associated with the foreign subsidiaries, a valuation allowance of $8,211 has been established to fully offset the associated deferred tax assets, consisting of ($342) and $197 reported in the 2011 and 2010 periods, respectively. The Company intends to maintain a valuation allowance until sufficient positive evidence exists to support its reversal.

The Company's net operating loss and tax credit carryforwards primarily relate to carryforwards of $4,168 and $27,109 in the UK and Mexico at December 31, 2011 and 2010, respectively, which may be carried forward indefinitely in the UK and until 2017 in Mexico, subject to various limitations.

A reconciliation of the changes in tax positions for the years ended December 31, 2011, 2010 and 2009 is as follows:


	December 31,
	2011			2010			2009
Beginning unrecognized tax benefit	$	2,012		$	2,728		$	1,717
Additions for tax positions of prior years		98			—			1,011
Reductions for tax positions of prior years		—			—			—
Lapse of Statute of Limitations		(1,001	)		(716	)		—

Ending unrecognized tax benefit	$	1,109		$	2,012		$	2,728

Included in the balance of unrecognized tax benefits at December 31, 2011 and 2010, are $1,085 and $1,981, respectively, of tax benefits that, if recognized, would affect the effective tax rate. The Company recognizes interest accrued related to unrecognized tax benefits and penalties as income tax expense. The Company accrued interest of $136 during 2011 related to the unrecognized tax benefits noted above and, as of December 31, 2011, the Company had recognized a liability for penalties and interest of $255 and $387, respectively. The Company accrued interest and penalties of $199 and $0, respectively, during 2010 related to the unrecognized tax benefits noted above and, as of December 31, 2010, the Company had recognized a liability for penalties and interest of $561 and $717, respectively.

The Company anticipates that it is reasonably possible that the total amount of unrecognized tax benefits recorded at December 31, 2011 will decrease within 12 months by an amount up to $1,011 as a result of the lapse of the statute of limitations in various taxing jurisdictions. The Company does not anticipate a significant change in unrecognized tax positions as a result of the settlement of income tax audits for examining the Company's income tax returns during the next year.

The Company is subject to taxation in the U.S. and various state, local and foreign jurisdictions. The Company's tax years for 2008 to present are subject to examination by the taxing authorities. With a few exceptions, the Company is no longer subject to U.S. federal, state, local or foreign examinations by taxing authorities for years before 2008.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

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-Name Accounting Standards Codification
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-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

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Segment Operating Results [Abstract]

Concentrations Of Credit Risk	12 Months Ended
Concentrations Of Credit Risk	Dec. 31, 2011
Concentrations Of Credit Risk [Abstract]
Concentrations Of Credit Risk	Note 21 – Concentrations of Credit Risk Financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities, foreign government obligations and receivables from clients. The Company has placed its Cash and Cash Equivalents in interest-bearing deposits in U.S. banks and U.S. investment banks that meet certain rating and capital requirements. The Company's foreign subsidiaries maintain Cash and Cash Equivalents in interest bearing accounts at large commercial banking institutions domiciled in their respective countries of operation. Concentrations of credit risk are limited due to the quality of the Company's clients. *Credit Risks* The Company maintains its cash and cash equivalents with financial institutions with high credit ratings. At times, the Company may maintain deposits in federally insured financial institutions in excess of federally insured ("FDIC") limits. However, the Company believes that it is not exposed to significant credit risk due to the financial position of the depository institution in which those deposits are held. As of December 31, 2011, the Company has securities purchased under agreements to resell of $2,146 for which the Company has received collateral with a fair value of $2,143. Additionally, the Company has securities sold under agreements to repurchase of $129,577 at December 31, 2011, for which the Company has pledged collateral with a fair value of $129,809. To reduce the exposure to concentrations of credit from Securities Purchased Under Agreements to Resell, the Company has established risk management procedures to monitor the exposure. The collateral for the receivables is primarily secured by Mexican government bonds and the Company monitors the collateral pledged under these agreements against their contract value from inception to maturity date. Accounts Receivable consists primarily of advisory fees and expense reimbursements billed to clients. Receivables are reported net of any allowance for doubtful accounts. The Company maintains an allowance for bad debts to provide coverage for probable losses from customer receivables and derives the estimate through specific identification for the allowance for doubtful accounts and an assessment of the client's creditworthiness. At December 31, 2011 and 2010 total receivables amounted to $52,060 and $49,625, net of an allowance. The Investment Banking and Investment Management receivables collection periods generally are within 90 days of invoice. The collection period for restructuring transactions and private equity fee receivables may exceed 90 days. The Company recorded bad debt expense of approximately $1,558, $1,008 and $444 in the years ended December 31, 2011, 2010 and 2009, respectively. With respect to the Company's Marketable Securities portfolio, which is comprised of highly-rated corporate and municipal bonds, mutual funds and Seed Capital Investments, the Company manages its credit risk exposure by limiting concentration risk and maintaining minimum credit quality. As of December 31, 2011, the Company had Marketable Securities of $81,288, of which 75% were corporate and municipal bonds and other debt securities primarily with S&P ratings ranging from AAA to BB+ and 25% were Seed Capital Investments and mutual funds.

Segment Operating Results

12 Months Ended

Dec. 31, 2011

Segment Operating Results

Note 22 – Segment Operating Results

Business Segments – The Company's business results are categorized into the following two segments: Investment Banking and Investment Management. Investment Banking includes providing advice to clients on significant mergers, acquisitions, divestitures and other strategic corporate transactions. During 2010, the Investment Banking segment (formerly called the Advisory segment) expanded to include services related to securities underwriting, private fund placement services and commissions for agency-based equity trading services and equity research. During 2011, the Investment Banking segment expanded to include the acquisition of Lexicon. Investment Management includes advising third-party investors in the Institutional Asset Management, Wealth Management and Private Equity sectors.

The Company's segment information for the years ended December 31, 2011, 2010 and 2009 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 and other 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.

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, 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, facilities management and senior management activities. Other Expenses include: a) amortization costs associated with the modification of unvested LP Units and certain other awards, b) charges associated with the vesting of Event-based Awards, c) the amortization of intangible assets associated with certain acquisitions, d) compensation charges associated with deferred consideration, retention awards and related compensation for Lexicon employees and e) a charge related to the exiting of a lease commitment for office space, an introducing fee as well as other professional fees incurred by Lexicon.

The Company evaluates segment results based on net revenue and pre-tax income, both including and excluding the impact of the Other Expenses.

The following information provides a reasonable representation of each segment's contribution.


	For the Years Ended December 31,
	2011			2010			2009
Investment Banking
Net Revenues(1)	$	428,124		$	301,847		$	292,634
Operating Expenses		337,886			240,312			204,399
Other Expenses(2)		55,591			19,408			17,728

Operating Income		34,647			42,127			70,507
Income from Equity Method Investments		1,101			16			—

Pre-Tax Income	$	35,748		$	42,143		$	70,507

Identifiable Segment Assets	$	530,008		$	370,329		$	377,303

Investment Management
Net Revenues(1)	$	96,140		$	74,058		$	19,783
Operating Expenses		89,269			75,704			52,233
Other Expenses(2)		5,706			3,621			14,609

Operating Income (Loss)		1,165			(5,267	)		(47,059	)
Income (Loss) from Equity Method Investments		(182	)		(573	)		(1,406	)

Pre-Tax Income (Loss)	$	983		$	(5,840	)	$	(48,465	)

Identifiable Segment Assets	$	513,584		$	527,756		$	513,857

Total
Net Revenues(1)	$	524,264		$	375,905		$	312,417
Operating Expenses		427,155			316,016			256,632
Other Expenses(2)		61,297			23,029			32,337

Operating Income		35,812			36,860			23,448
Income (Loss) from Equity Method Investments		919			(557	)		(1,406	)

Pre-Tax Income	$	36,731		$	36,303		$	22,042

Identifiable Segment Assets	$	1,043,592		$	898,085		$	891,160

(1)	Net revenues include Other Revenue, net, allocated to the segments as follows:


	For the Years Ended December 31,
	2011			2010			2009
Investment Banking(A)	$	(2,473	)	$	(84	)	$	(677	)
Investment Management(B)		(3,021	)		(552	)		(1,381	)

Total Other Revenue, net	$	(5,494	)	$	(636	)	$	(2,058	)

(A)

Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $4,238, $4,169, and $2,742 for the years ended December 31, 2011, 2010 and 2009, respectively.

(B)

Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $3,579, $3,525 and $4,853 for the years ended December 31, 2011, 2010 and 2009, respectively.

(2)	Other Expenses are as follows:


	For the Years Ended December 31,
	2011		2010		2009
Investment Banking
Amortization of LP Units and Certain Other Awards	$	21,328	$	17,532	$	7,910
Vesting of Event-based Awards		8,906		—		—
Acquisition Related Compensation Charges		14,618		—		—
Special Charges		3,894		—		7,942
Intangible Asset Amortization		6,845		1,876		1,876

Total Investment Banking		55,591		19,408		17,728

Investment Management
Amortization of LP Units and Certain Other Awards		2,892		3,289		1,490
Vesting of Event-based Awards		2,483		—		—
Special Charges		—		—		12,187
Acquisition and Transition Costs		—		—		712
Intangible Asset Amortization		331		332		220

Total Investment Management		5,706		3,621		14,609

Total Other Expenses	$	61,297	$	23,029	$	32,337

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 and private equity funds located in the following geographical areas:


	For the Years Ended December 31,
	2011		2010		2009
Net Revenues:(1)
United States	$	387,063	$	290,693	$	256,104
Europe and Other		112,049		60,605		36,078
Latin America		30,646		25,243		22,293

Total	$	529,758	$	376,541	$	314,475

(1)	Excludes Other Revenue and Interest Expense.

Substantially all of the Company's long-lived assets reside in the United States.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Evercore Partners Inc. (Parent Company Only) Financial Statements [Abstract]

Evercore Partners Inc. (Parent Company Only) Financial Statements

12 Months Ended

Dec. 31, 2011

Evercore Partners Inc. (Parent Company Only) Financial Statements

Note 23 – Evercore Partners Inc. (Parent Company Only) Financial Statements

EVERCORE PARTNERS INC.

(parent company only)

CONDENSED STATEMENTS OF FINANCIAL CONDITION


	December 31,
	2011			2010
ASSETS
Equity Investment in Subsidiary	$	452,027		$	362,888
Deferred Tax Asset		188,256			134,893
Other Assets		14,310			4,516

TOTAL ASSETS	$	654,593		$	502,297

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Payable to Related Party	$	6,217		$	3,983
Amounts Due Pursuant to Tax Receivable Agreement		137,448			97,427
Long-term Debt—Notes Payable		99,664			98,082
Other Liabilities		3,600			2,106

TOTAL LIABILITIES		246,929			201,598
Stockholders' Equity
Common Stock
Class A, par value $0.01 per share (1,000,000,000 shares authorized, 31,014,265 and 21,497,691 issued at December 31, 2011 and 2010, respectively, and 27,941,307 and 19,983,646 outstanding at December 31, 2011 and 2010, respectively)		310			215
Class B, par value $0.01 per share (1,000,000 shares authorized, 47 and 48 issued and outstanding at December 31, 2011 and 2010, respectively)		—			—
Additional Paid-In-Capital		575,122			400,719
Accumulated Other Comprehensive Income (Loss)		(12,058	)		(4,193	)
Retained Earnings (Deficit)		(76,703	)		(61,504	)
Treasury Stock at Cost (3,072,958 and 1,514,045 shares at December 31, 2011 and 2010, respectively)		(79,007	)		(34,538	)

TOTAL STOCKHOLDERS' EQUITY		407,664			300,699

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	654,593		$	502,297

See notes A to F to parent company only financial statements.

EVERCORE PARTNERS INC.

(parent company only)

CONDENSED STATEMENTS OF OPERATIONS


	For the Years Ended December 31,
	2011		2010		2009
REVENUES
Interest Income	$	7,817	$	7,693	$	7,594

TOTAL REVENUES		7,817		7,693		7,594
Interest Expense		7,817		7,693		7,594

NET REVENUES		—		—		—

EXPENSES
TOTAL EXPENSES		—		—		—

OPERATING INCOME		—		—		—

Equity in Income of Subsidiary		21,083		20,618		9,212
Provision for Income Taxes		14,131		11,664		10,782

NET INCOME (LOSS)	$	6,952	$	8,954	$	(1,570	)

See notes A to F to parent company only financial statements.

EVERCORE PARTNERS INC.

(parent company only)

CONDENSED STATEMENTS OF CASH FLOWS


	For the Years Ended December 31,
	2011			2010			2009
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)	$	6,952		$	8,954		$	(1,570	)
Undistributed Income of Subsidiary		(21,083	)		(20,618	)		(9,729	)
Accretion on Long-term Debt		1,582			1,464			1,355
(Increase) Decrease in Operating Assets:
Other Assets		12,105			(1,324	)		2,138
Increase (Decrease) in Operating Liabilities:
Payable to Uncombined Affiliates		957			—			—
Taxes Payable		—			—			—
Other Long-term Liabilities		(574	)		—			—

Net Cash Used in Operating Activities		(61	)		(11,524	)		(7,806	)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash Paid for Acquisitions, net of cash acquired		(30,397	)		—			—
Investment in Subsidiary		(22,994	)		23,760			13,263

Net Cash Provided by (Used in) Investing Activities		(53,391	)		23,760			13,263
CASH FLOWS FROM FINANCING ACTIVITIES
Net Proceeds from Follow-On Offerings		—			—			4,683
Proceeds from Equity Offering		168,140			77,185			70,761
Purchase of Evercore LP Units		(95,342	)		(76,763	)		(70,761	)
Foreign Currency Translation		—			(300	)		(446	)
Dividends		(19,346	)		(12,358	)		(8,217	)
ASC 740 Adjustment		—			—			(1,477	)

Net Cash (Used in) Provided by Financing Activities		53,452			(12,236	)		(5,457	)

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		—			—			—
CASH AND CASH EQUIVALENTS—Beginning of Year		—			—			—

CASH AND CASH EQUIVALENTS—End of Year	$	—		$	—		$	—

See notes A to F to parent company only financial statements.

EVERCORE PARTNERS INC.

(parent company only)

NOTES TO CONDENSED FINANCIAL STATEMENTS

Note A – Organization

Evercore Partners Inc. (the "Company") was incorporated as a Delaware corporation on July 21, 2005. The Company did not begin meaningful operations until the reorganization discussed below. Pursuant to a reorganization into a holding company structure, the Company became a holding company and its sole asset is a controlling equity interest in Evercore LP. As the sole general partner of Evercore LP, the Company operates and controls all of the business and affairs of Evercore LP and, through Evercore LP and its subsidiaries, continues to conduct the business now conducted by these subsidiaries.

Note B – Significant Accounting Policies

Basis of Presentation. The Statements of Financial Condition, Operations and Cash Flows have been prepared in accordance with U.S. GAAP.

Equity in Income of Subsidiary. The Equity in Income of Subsidiary represents the Company's share of income from Evercore LP.

Note C – Stockholders' Equity

The Company is authorized to issue 1,000,000 Class A Shares, par value $0.01 per share, and 1,000 shares of Class B common stock, par value $0.01 per share. All Class A Shares and shares of Class B common stock vote together as a single class. At December 31, 2011, the Company has issued 31,014 Class A Shares. The Company cancelled one share of Class B common stock in exchange for $1.00, which was held by a limited partner of Evercore LP during the twelve months ended December 31, 2011. During 2011, the Company purchased 1,587 Class A Shares from employees at market values ranging from $15.76 to $36.41 per share primarily for the net settlement of share-based compensation awards. The result of these purchases was an increase in Treasury Stock of $45,105 on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. During 2011, the Company issued 28 Class A Shares from treasury stock in conjunction with the Company's acquisition of Lexicon. The result of this issuance was a decrease in Treasury stock of $636 on the Company's Consolidated Statement of Financial Condition as of December 31, 2011. During 2011, the Company had an offering of 5,365 Class A Shares. See Note 14 to the consolidated financial statements for a further discussion. During the year ended December 31, 2011, the Company declared and paid dividends of $0.74 per share, totaling $19,346, which were wholly funded by the Company's sole subsidiary, Evercore LP.

As discussed in Note 17 to the consolidated financial statements, both the LP Units and RSUs are exchangeable into Class A Shares on a one-for-one basis once vested.

Note D – Issuance of Notes Payable and Warrants

On August 21, 2008, the Company entered into a Purchase Agreement with Mizuho pursuant to which Mizuho purchased from the Company Senior Notes and Warrants expiring 2020. See Note 12 to the consolidated financial statements.

Note E – Commitments and Contingencies

As of December 31, 2011, as discussed in Note 12 to the consolidated financial statements, the Company estimates the contractual obligations related to the Senior Notes to be $176,160. Pursuant to the Senior Notes, we expect to make payments to the notes' holder of $6,240 within one year or less, $12,480 in one to three years, $12,480 in three to five years and $144,960 after five years.

As of December 31, 2011, as discussed in Note 18 to the consolidated financial statements, the Company estimates the contractual obligations related to the Tax Receivable Agreements to be $143,660. The Company expects to pay to the counterparties to the Tax Receivable Agreement $6,217 within one year or less, $21,650 in one to three years, $24,078 in three to five years and $91,715 after five years.

Note F—Business Changes and Developments

On August 19, 2011, the Company completed its acquisition of all of the outstanding partnership interests of Lexicon. See Note 4 to the consolidated financial statements.

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

Supplemental Financial Information [Abstract]

Supplemental Financial Information

12 Months Ended

Dec. 31, 2011

Supplemental Financial Information

SUPPLEMENTAL FINANCIAL INFORMATION

(dollars in thousands, except per share data)

Consolidated Quarterly Results of Operations (unaudited)

The following represents the Company's unaudited quarterly results for the years ended December 31, 2011 and 2010. These quarterly results were prepared in accordance with U.S. GAAP and reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the results. The amounts below reflect the reclassification of the historical results of EAM to Discontinued Operations.


	For the Three Months Ended
	December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
Net Revenues	$	112,781		$	163,181		$	141,204		$	107,098
Total Expenses		113,790			149,739			129,589			95,334

Income (Loss) Before Income from Equity Method Investments and Income Taxes		(1,009	)		13,442			11,615			11,764
Income from Equity Method Investments		255			195			69			400

Income (Loss) Before Income Taxes		(754	)		13,637			11,684			12,164
Provision for Income Taxes		1,080			11,144			6,064			4,436

Net Income (Loss) from Continuing Operations		(1,834	)		2,493			5,620			7,728
Net Income (Loss) from Discontinued Operations		(653	)		(198	)		(85	)		(30	)

Net Income (Loss)		(2,487	)		2,295			5,535			7,698
Net Income (Loss) Attributable to Noncontrolling Interest		(1,831	)		536			3,274			4,110

Net Income (Loss) Attributable to Evercore Partners Inc.	$	(656	)	$	1,759		$	2,261		$	3,588

Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	—		$	0.06		$	0.09		$	0.16
From Discontinued Operations		(0.02	)		—			—			—

Net Income (Loss) Attributable to Evercore Partners Inc.	$	(0.02	)	$	0.06		$	0.09		$	0.16

Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	—		$	0.06		$	0.08		$	0.14
From Discontinued Operations		(0.02	)		—			—			—

Net Income (Loss) Attributable to Evercore Partners Inc.	$	(0.02	)	$	0.06		$	0.08		$	0.14

Dividends Declared Per Share of Class A Common Stock	$	0.20		$	0.18		$	0.18		$	0.18

	For the Three Months Ended
	December 31, 2010			September 30, 2010			June 30, 2010			March 31, 2010
Net Revenues	$	101,452		$	123,025		$	64,319		$	87,109
Total Expenses		91,794			104,585			66,947			75,719

Income (Loss) Before Income (Loss) from Equity Method Investments and Income Taxes		9,658			18,440			(2,628	)		11,390
Income (Loss) from Equity Method Investments		(116	)		(131	)		(130	)		(180	)

Income (Loss) Before Income Taxes		9,542			18,309			(2,758	)		11,210
Provision (Benefit) for Income Taxes		4,413			8,476			(1,551	)		4,839

Net Income (Loss) from Continuing Operations		5,129			9,833			(1,207	)		6,371
Net Income (Loss) from Discontinued Operations		(232	)		(280	)		(6	)		1

Net Income (Loss)		4,897			9,553			(1,213	)		6,372
Net Income (Loss) Attributable to Noncontrolling Interest		1,610			6,023			(1,330	)		4,352

Net Income Attributable to Evercore Partners Inc.	$	3,287		$	3,530		$	117		$	2,020

Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	0.16		$	0.19		$	0.01		$	0.11
From Discontinued Operations		(0.01	)		(0.01	)		—			—

Net Income Attributable to Evercore Partners Inc.	$	0.15		$	0.18		$	0.01		$	0.11

Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	0.14		$	0.18		$	—		$	0.09
From Discontinued Operations		(0.01	)		(0.01	)		—			—

Net Income (Loss) Attributable to Evercore Partners Inc.	$	0.13		$	0.17		$	—		$	0.09

Dividends Declared Per Share of Class A Common Stock	$	0.18		$	0.15		$	0.15		$	0.15

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

Business Changes And Developments [Abstract]

Significant Accounting Policies (Policy)	12 Months Ended
Significant Accounting Policies (Policy)	Dec. 31, 2011
Significant Accounting Policies [Abstract]
Basis Of Presentation	*Basis of Presentation* – The consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The 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, except for certain VIEs that qualify for accounting purposes as investment companies. Generally, the Company would consolidate those entities when it absorbs a majority of the expected losses or a majority of the expected residual returns, or both, of the entities. All intercompany balances and transactions with the Company's subsidiaries have been eliminated upon consolidation. The Consolidated Statements of Operations include the consolidated results of The Lexicon Partnership LLP ("Lexicon") following its acquisition in 2011. See Note 4 for further disclosure. At the time of the formation transaction, the members of Evercore LP (the "Members") received Evercore LP partnership units ("LP Units") in consideration for their contribution of the various entities included in the historical combined financial statements of the Company. The LP Units are subject to vesting requirements and transfer restrictions and are exchangeable on a one-for-one basis for shares of Class A common stock ("Class A Shares"). The Company accounts for exchanges of LP Units for Class A Shares based on the carrying amounts of the Members' LP Units immediately before the exchange. The Company's interest in Evercore LP is within the scope of Accounting Standards Codification ("ASC") 810-20, "Determining Whether a General Partner, or the General Partners as a Group, Controls a Limited Partnership or Similar Entity When the Limited Partners Have Certain Rights". The Company consolidates Evercore LP and records noncontrolling interest for the economic interest in Evercore LP held directly by others, which includes the Members. The Company has evaluated all subsequent events through the date this Form 10-K was available to be issued.
Reclassifications	*Reclassifications* – During 2011, certain balances for prior periods were reclassified to conform to their current presentation. *Discontinued Operations* – In October 2011, Evercore Asset Management L.L.C. ("EAM") announced its plan to wind down its business. Management and the Company made this decision because EAM was unable to attain sufficient scale to be a viable business due to several factors including the ongoing effects of the financial crisis. The wind down of EAM's business was completed by December 31, 2011. Accordingly, the historical results of EAM have been reclassified to Discontinued Operations on the Consolidated Statements of Operations.
Accounts Receivable	*Accounts Receivable* – Accounts Receivable consists primarily of investment banking fees and expense reimbursements charged to the Company's clients. The Company records Accounts Receivable net of any allowance for doubtful accounts. The Company maintains an allowance for bad debts to provide coverage for estimated losses from its client receivables. The Company determines the adequacy of the allowance by estimating the probability of loss based on the Company's analysis of the client's creditworthiness and specifically reserves against exposure where the Company determines the receivables are impaired, which may include situations where a fee is in dispute or litigation has commenced.
Furniture, Equipment And Leasehold Improvements	*Furniture, Equipment and Leasehold Improvements* – Fixed assets, including office equipment, hardware and software and leasehold improvements, are stated at cost, net of accumulated depreciation and amortization. Furniture, equipment and computer hardware and software are depreciated using the straight-line method over the estimated useful lives of the assets, ranging from three to seven years. Leasehold improvements are amortized over the shorter of the term of the lease or the useful life of the asset.
Investment Banking Revenue	*Investment Banking Revenue* – The Company earns investment banking fees from our clients for providing advisory services on mergers, acquisitions, divestitures, leveraged buyouts, restructurings and similar corporate finance matters. Starting in 2010, the Company's Investment Banking services were expanded to include services related to securities underwriting, private fund placement services and commissions for agency-based equity trading services and equity research. It is the Company's accounting policy to recognize revenue when (i) there is persuasive evidence of an arrangement with a client, (ii) fees are fixed or determinable, (iii) the agreed-upon services have been completed and delivered to the client or the transaction or events contemplated in the engagement letter are determined to be substantially completed and (iv) collection is reasonably assured. The Company records Investment Banking Revenue on the Consolidated Statement of Operations for the following: *Advisory Fees –* In general, advisory fees are paid at the time the Company signs an engagement letter, during the course of the engagement or when an engagement is completed. In some circumstances, and as a function of the terms of an engagement letter, the Company may receive retainer fees for financial advisory services concurrent with, or soon after, the execution of the engagement letter where the engagement letter will specify a future service period associated with that fee. In such circumstances, these retainer fees are initially recorded as deferred revenue and subsequently recognized as revenue during the applicable time period within which the service is rendered. Revenues related to fairness or valuation opinions are recognized when the opinion has been rendered and delivered to the client and all other requirements for revenue recognition are satisfied. Success fees for advisory services, such as merger and acquisition advice, are recognized when the transaction(s) or event(s) are determined to be completed or substantially completed and all other requirements for revenue recognition are satisfied. In the event the Company were to receive an opinion or success fee in advance of the completion conditions noted above, such fee would initially be recorded as deferred revenue and subsequently recognized as advisory fee revenue when the conditions of completion have been satisfied. *Placement Fees* – Placement fee revenues are attributable to capital raising. The Company recognizes placement advisory fees at the time of the client's acceptance of capital or capital commitments in accordance with the terms of the engagement letter. *Underwriting Fees* – Underwriting revenues are attributable to public and private offerings of equity and debt securities and are recognized when the offering has been deemed to be completed by the lead manager of the underwriting group. When the offering is completed, the Company recognizes the applicable management fee, selling concession and underwriting fee, the latter net of estimated offering expenses. *Commissions –* Commissions received from customers for the execution of agency-based brokerage transactions in listed and over-the-counter equities are recorded on a trade-date basis or, in the case of payments under commission sharing arrangements, when earned. Taxes collected from customers and remitted to governmental authorities are presented on a net basis on the Consolidated Statements of Operations.
Investment Management Revenue	*Investment Management Revenue* – The Company's Investment Management business generates revenues from the management of client assets and the private equity funds. Investment management fees for third-party clients are generally based on the value of the assets under management ("AUM") and any performance fees that may be negotiated with the client. These fees are generally recognized over the period that the related services are provided, based upon the beginning, ending or average value of the assets for the relevant period. Fees paid in advance of services rendered are initially recorded as deferred revenue, which is recorded in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Investment Management Revenue on the Consolidated Statements of Operations ratably over the period in which the related service is rendered. Generally, to the extent performance fee arrangements have been negotiated, these fees are earned when the return on assets exceeds certain benchmark returns. Performance fees are accrued on a monthly basis and are not subject to adjustment once the measurement period ends (annually) and performance fees have been realized. Management fees for private equity funds are contractual and are typically based on committed capital during the private equity funds' investment period, and on invested capital, thereafter. Management fees are recognized ratably over the period during which services are provided. The management fees may provide for a management fee offset for certain portfolio company fees the Company earns. As a result of amendments in December 2009, the Company no longer receives management fees on Evercore Capital Partners L.P. and its affiliated entities. The Company also records performance fee revenue from the private equity funds when the returns on the private equity funds' investments exceed certain threshold minimums. These performance fees, or carried interest, are computed in accordance with the underlying private equity funds' partnership agreements and are based on investment performance over the life of each investment partnership. Performance fees are recorded as revenue as earned pursuant to the underlying agreements. Fees generated for serving as an independent fiduciary and/or trustee are either based on a flat fee, are pre-negotiated with the client or are based on the value of assets under administration. For ongoing engagements, fees are billed quarterly either in advance or in arrears. Fees paid in advance of services rendered are initially recorded as deferred revenue in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Investment Management Revenue on the Consolidated Statements of Operations ratably over the period in which the related services are rendered. Any fees received before completion of the engagement are recorded as deferred revenue in Other Current Liabilities on the Consolidated Statements of Financial Condition and are recognized in Investment Management Revenue on the Consolidated Statements of Operations upon the execution of the project deliverables .
Other Revenue And Interest Expense	*Other Revenue and Interest Expense* – Other Revenue and Interest Expense is derived primarily from financing transactions. These transactions are principally repurchases and resales of Mexican government securities. Revenue and expenses associated with these transactions are recognized over the term of the repurchase or resale transaction. Other Revenue and Interest Expense also includes interest expense associated with the $120,000 principal amount of senior unsecured notes ("Senior Notes"), as well as income earned on marketable securities and cash deposited with financial institutions.
Client Expense Reimbursement	*Client Expense Reimbursement* – In the conduct of its financial advisory service engagements and in advising the private equity funds, the Company receives reimbursement for certain expenses incurred by the Company on behalf of its clients and the funds. Transaction-related expenses, which are billable to clients, are recognized as revenue and recorded in Accounts Receivable on the later of the date of an executed engagement letter or the date the expense is incurred.
Noncontrolling Interest	*Noncontrolling Interest* – Noncontrolling interest recorded in the consolidated financial statements of the Company relates to the portions of our subsidiaries not owned by the Company. The Company allocates net income to noncontrolling interests held at Evercore LP and at the operating entity level, where required, by multiplying the vested equity ownership percentage of the noncontrolling interest holders for the period by the net income or loss for the entity which the noncontrolling interest relates. In circumstances where the governing documents of the entity to which the noncontrolling interest relates require special allocations of profits (losses) to the controlling and noncontrolling interest holders, then the net income or loss of these entities will be allocated based on these special allocations. ASC 810-10, "Noncontrolling Interests in Consolidated Financial Statements – an amendment of ARB No.51" ("ASC 810-10") requires reporting entities to present noncontrolling (minority) interests as equity (as opposed to as a liability or mezzanine equity) and provides guidance on the accounting for transactions between an entity and noncontrolling interests. The adoption of ASC 810-10 resulted in the presentation of Noncontrolling Interest as a component of Total Equity on the Consolidated Statements of Financial Condition and below Net Income on the Consolidated Statements of Operations. Prior periods have been reclassified to conform to the current presentation. In addition, the adoption of ASC 810-10 resulted in an allocation of the components of Total Comprehensive Income between controlling interests and noncontrolling interests for the years ended December 31, 2011, 2010 and 2009.
Cash And Cash Equivalents	*Cash and Cash Equivalents* – Cash and Cash Equivalents consist of short-term highly-liquid investments with original maturities of three months or less.
Fair Value Of Financial Instruments	*Fair Value of Financial Instruments* – The majority of the Company's assets and liabilities are recorded at fair value or at amounts that approximate fair value. Such assets and liabilities include cash and cash equivalents, investments, marketable securities, financial instruments owned and pledged as collateral, repurchase and reverse repurchase agreements, receivables and payables and accruals. See Note 10 for further information.
Marketable Securities	*Marketable Securities* – Marketable Securities include investments in corporate, municipal and other debt securities, as well as investments in readily-marketable equity securities, which are accounted for as available-for-sale under ASC 320-10, "Accounting for Certain Investments in Debt and Equity Securities". These securities are carried at fair value on the Consolidated Statements of Financial Condition. Unrealized gains and losses are reported as net increases or decreases to Accumulated Other Comprehensive Income (Loss), net of tax, while realized gains and losses on these securities are determined using the specific identification method and are included in Other Revenue on the Consolidated Statements of Operations. The readily-marketable debt and equity securities are valued using quoted market prices on applicable exchanges or markets. Marketable Securities also include investments in municipal bonds, which are carried at fair value, with changes in fair value recorded in Other Revenues on the Consolidated Statements of Operations. Marketable Securities transactions are recorded as of the trade date.
Financial Instruments Owned And Pledged As Collateral At Fair Value	*Financial Instruments Owned and Pledged as Collateral at Fair Value* – The Company's Financial Instruments Owned and Pledged as Collateral at Fair Value consist principally of foreign government obligations, which are recorded on a trade-date basis and are stated at quoted market values. Related gains and losses are reflected in Other Revenue on the Consolidated Statements of Operations. The Company pledges the Financial Instruments Owned and Pledged as Collateral at Fair Value to collateralize certain financing arrangements, which permits the counterparty to pledge the securities.
Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase	*Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase* – Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase are treated as collateralized financing transactions. The agreements provide that the transferor will receive substantially the same securities in return at the maturity of the agreement. These transactions are carried at the amounts at which the related securities will be subsequently resold or repurchased, plus accrued interest payable or receivable. As the maturities on these transactions are short-term in nature (i.e. generally mature on the next business day) and the underlying securities are debt instruments of the Mexican Governments or its agencies, their carrying amounts approximate fair value. The Company periodically assesses the collectability or credit quality related to securities purchased under agreements to resell; as of December 31, 2011, the Company believes it maintains a sufficient level of cash or collateral, as described in Note 8.
Investments	*Investments* – The Company's investments include investments in private equity partnerships, the Company's equity interests in Evercore Pan-Asset Capital Management ("Pan"), G5 and ABS Investment Management, LLC ("ABS"), which are accounted for under the equity method of accounting. *Private Equity* – The investments of private equity funds consist primarily of investments in marketable and non-marketable securities of the portfolio companies. The underlying investments held by the private equity funds are valued based on quoted market prices or estimated fair value if there is no public market. The Company determines fair value of non-marketable securities by giving consideration to a range of factors, including but not limited to, market conditions, operating performance (current and projected) and subsequent financing transactions. Due to the inherent uncertainty in the valuation of these non-marketable securities, estimated values may materially differ from the values that would have been used had a ready market existed for these investments. Investments in publicly-traded securities held by the private equity funds are valued using quoted market prices. The Company recognizes its allocable share of the changes in fair value of the private equity funds' underlying investments as realized and unrealized gains (losses) within Investment Management Revenue in the Consolidated Statements of Operations. *Affiliates* – The Company's equity interests in Pan, G5 and ABS include its share of the income (losses) within Income (Loss) from Equity Method Investments, as a component of Income Before Income Taxes, on the Consolidated Statements of Operations. The Company assesses its Equity Method Investments annually for impairment.
Goodwill And Intangible Assets	*Goodwill and Intangible Assets* – Goodwill and Intangible Assets are tested for impairment annually or more frequently if circumstances indicate impairment may have occurred. The Company assesses whether any goodwill recorded by its applicable reporting unit is impaired by comparing the fair value of each business with its respective carrying amount. For businesses acquired, contingent consideration is recognized and measured at fair value as of the acquisition date and at subsequent reporting periods. Intangible assets with finite lives are amortized over their estimated useful lives and are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable as prescribed by ASC 360, "Accounting for the Impairment or Disposal of Long-Lived Assets". The Company tests goodwill for impairment at the reporting unit level. In determining the fair value for each reporting unit, the Company utilizes either a market multiple approach or a discounted cash flow methodology based on the adjusted cash flows from operations. The market multiple approach includes applying the average earnings multiples of comparable public companies for their respective reporting segment multiplied by the forecasted earnings of the respective reporting unit to yield an estimate of fair value. The discounted cash flow methodology begins with the forecasted adjusted cash flows from each of the reporting units and uses a discount rate that reflects the weighted average costs of capital adjusted for the risks inherent in the future cash flows. See Note 4 for further information.
Compensation And Benefits	*Compensation and Benefits* – Compensation includes salaries, bonuses (discretionary awards and guaranteed amounts), severance, deferred cash and share-based compensation. Cash bonuses are accrued over the respective service periods to which they relate and deferred cash and share-based bonuses are expensed prospectively over their requisite service period.
Share-Based Payments	*Share-Based Payments* – The Company accounts for share-based payments in accordance with ASC 718, "Share-Based Payment" ("ASC 718") and the impact on the Company's Consolidated Statements of Financial Condition and Statements of Operations is discussed in Note 17. Compensation expense recognized pursuant to share-based awards is based on the grant date fair value of the award. The fair value (as measured on the grant date) of awards that vest from one to five years ("Service-based Awards") is amortized over the vesting periods or requisite service periods as required under ASC 718, however, the vesting of some Service-based Awards will accelerate upon the occurrence of certain events. The Company amortizes the grant-date fair value of share-based compensation awards made to employees, who are or will become retirement eligible prior to the stated vesting date, over the expected substantive service period. For the purposes of calculating diluted net income per share attributable to Evercore Partners Inc. common shareholders, unvested Service-based Awards are included in the diluted weighted average Class A Shares outstanding using the treasury stock method. Once vested, restricted stock units ("RSUs") and restricted stock are included in the basic and diluted weighted average Class A Shares outstanding. Expense relating to RSUs and restricted stock is charged to Employee Compensation and Benefits within the Consolidated Statements of Operations. For a discussion of Event-based Awards, see Note 17. Awards classified as liabilities as required under ASC 718, such as cash settled share-based awards, are re-measured at fair value at each reporting period.
Foreign Currency Translation	*Foreign Currency Translation* – Foreign currency assets and liabilities have been translated at rates of exchange prevailing at the end of the periods presented. Income and expenses transacted in foreign currency have been translated at average monthly exchange rates during the period. Translation gains and losses are included in the foreign currency translation adjustment as a component of Accumulated Other Comprehensive Income (Loss) in the Consolidated Statements of Changes in Equity. Exchange gains and losses arising from translating intercompany balances of a long-term investment nature are recorded in the foreign currency translation account while transactional exchange gains and losses are included in Other Revenue on the Consolidated Statements of Operations.
Income Taxes	*Income Taxes* – The Company accounts for income taxes in accordance with ASC 740, "Accounting for Income Taxes" ("ASC 740"), which requires the recognition of tax benefits or expenses on temporary differences between the financial reporting and tax bases of its assets and liabilities, as disclosed in Note 20. Deferred income taxes reflect the net tax effects of temporary differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when such differences are expected to reverse. Such temporary differences are reflected on the Company's Consolidated Statements of Financial Condition as deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when it is more-likely-than-not that some portion or all of the deferred tax assets will not be realized. Significant management judgment is required in determining the Company's provision for income taxes, deferred tax assets and liabilities and any valuation allowance recorded against the Company's net deferred tax assets. ASC 740 provides a benefit recognition model with a two-step approach consisting of "more-likely-than-not" recognition criteria, and a measurement attribute that measures the position as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement. ASC 740 also requires the recognition of liabilities created by differences between tax positions taken in a tax return and amounts recognized in the financial statements. See Note 20 for disclosure in regard to the impact of the adoption of ASC 740 on the Company's consolidated financial statements.

Business Changes And Developments (Tables)

12 Months Ended

Dec. 31, 2011

Purchase Price Allocation

The computation of goodwill was based on the fair value at August 19, 2011. The purchase price allocation is as follows:


	Amount
Purchase Price:
Cash Paid	$	52,160
Fair Value of Shares Issued		636
Fair Value of Deferred Cash Consideration		9,274

Total Fair Value of Purchase Price		62,070

Fair Value of Assets Acquired and Liabilities Assumed:
Cash and Cash Equivalents		21,812
Accounts Receivable		7,821
Prepaid Expenses		9,504
Fixed Assets		429
Other Assets		964
Intangible Assets		7,164
Current Liabilities		(21,592	)
Long-term Debt		(8,318	)

Identifiable Net Assets		17,784

Goodwill Resulting from Business Combination	$	44,286

The computation of goodwill was based on its fair value at May 28, 2010, as presented below.


Purchase Price:
Cash Paid	$	68,992
Fair Value of Contingent Consideration		14,037

Fair Value of Consideration Transferred		83,029
Fair Value of Noncontrolling Interest		42,381

Total Fair Value of Purchase Price		125,410

Fair Value of Assets Acquired and Liabilities Assumed:
Cash and Cash Equivalents		1,410
Accounts Receivable		7,034
Investments		9
Prepaid Expenses		321
Fixed Assets		114
Intangible Assets		43,280
Accounts Payable and Accrued Expenses		(668	)
Accrued Compensation and Benefits		(6,278	)
Income Taxes Payable		(21	)

Identifiable Net Assets		45,201

Goodwill Resulting from Business Combination	$	80,209

Operating Results On Pro Forma Basis


	For the Years Ended December 31,
	2011		2010
	(Unaudited)
Net Revenues	$	575,344	$	446,174
Pre-tax Income	$	31,325	$	18,650
Net Income from Continuing Operations Attributable to Evercore Partners Inc.	$	4,635	$	2,504
Diluted Net Income Per Share from Continuing Operations Available to Evercore Partners Inc.	$	0.15	$	0.10

Summary Of Assets And Liabilities EAM


	December 31,
	2011		2010
Assets
Cash and Cash Equivalents	$	3,480	$	1,534
Accounts Receivable		303		606
Intangible Assets		—		1,073
Other Assets		—		60

Total Assets	$	3,783	$	3,273

Liabilities
Payable to Employees and Related Parties	$	—	$	2,987
Accrued Compensation and Benefits		—		574
Other Liabilities		—		207

Total Liabilities	$	—	$	3,768

Goodwill Associated With Company's Acquisitions


	Investment Banking			Investment Management		Total
	Investment Banking			Investment Management		Total
Balance at December 31, 2009	$	34,989		$	14,775	$	49,764
Acquisitions		7,173			81,057		88,230
Foreign Currency Translation		1,037			—		1,037

Balance at December 31, 2010		43,199			95,832		139,031
Acquisitions		44,286			80		44,366
Foreign Currency Translation		(5,548	)		—		(5,548	)

Balance at December 31, 2011	$	81,937		$	95,912	$	177,849

Intangible Assets Associated With Company's Acquisitions


	December 31, 2011
	Gross Carrying Amount						Accumulated Amortization
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
Client Related	$	17,835	$	43,250	$	61,085	$	13,874	$	10,197	$	24,071
Professional Licenses		—		—		—		—		—		—
Acquired Mandates		1,810		—		1,810		836		—		836
Non-compete/Non-solicit Agreements		135		1,780		1,915		40		564		604
Other		—		1,800		1,800		—		190		190

Total	$	19,780	$	46,830	$	66,610	$	14,750	$	10,951	$	25,701


	December 31, 2010
	Gross Carrying Amount						Accumulated Amortization
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total
Client Related	$	11,242	$	44,430	$	55,672	$	7,120	$	4,212	$	11,332
Professional Licenses		275		—		275		259		—		259
Acquired Mandates		1,810		—		1,810		384		—		384
Non-compete/Non-solicit Agreements		518		1,780		2,298		380		208		588
Other		714		1,800		2,514		703		71		774

Total	$	14,559	$	48,010	$	62,569	$	8,846	$	4,491	$	13,337

Annual Amortization Of Intangibles For Next Five Years


2012	$	10,489
2013	$	7,508
2014	$	5,214
2015	$	3,555
2016	$	3,174

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

Schedule Of Receivable From Employees And Related Parties

Related Parties (Tables)

12 Months Ended

Dec. 31, 2011

Related Parties [Abstract]


	December 31,
	2011		2010
Advances to Employees	$	4,830	$	1,994
Personal Expenses Paid on Behalf of Employees and Related Parties		49		240
Receivable from Affiliates		689		—
Reimbursable Expenses Due From Portfolio Companies of the Company's Private Equity Funds		636		485
Reimbursable Expenses Relating to the Private Equity Funds		1,589		746

Receivable from Employees and Related Parties	$	7,793	$	3,465

Schedule Of Payable To Employees And Related Parties


	December 31,
	2011		2010
Board of Director Fees	$	235	$	205
Lexicon Deferred Consideration Payable		358		—
Amounts Due to Former Members of Lexicon		5,844		—
Amounts Due Pursuant to Tax Receivable Agreements(a)		6,210		3,976

Payable to Employees and Related Parties	$	12,647	$	4,181

Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2011

Marketable Securities [Abstract]

Amortized Cost And Estimated Fair Value Of Marketable Securities


	December 31, 2011								December 31, 2010
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-Sale
Debt Securities:
Corporate Bonds	$	1,008	$	—	$	2	$	1,006	$	7,126	$	45	$	—	$	7,171
Municipal Bonds		9,544		9		—		9,553		16,910		107		15		17,002
Other Debt Securities		2,000		—		—		2,000		1,000		—		—		1,000
Seed Capital Investments		10,905		812		27		11,690		14,112		2,250		25		16,337

Total Available-for-Sale		23,457		821		29		24,249		39,148		2,402		40		41,510
Debt Securities Carried by EGL		47,583		518		—		48,101		50,837		501		18		51,320
Mutual Funds		9,350		191		603		8,938		—		—		—		—

Total	$	80,390	$	1,530	$	632	$	81,288	$	89,985	$	2,903	$	58	$	92,830

Scheduled Maturities Of Available-For-Sale Debt Securities


	December 31, 2011				December 31, 2010
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	8,699	$	8,703	$	17,183	$	17,265
Due after one year through five years		3,853		3,856		7,853		7,908

Total	$	12,552	$	12,559	$	25,036	$	25,173

Financial Instruments Owned And Pledged As Collateral At Fair Value, Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase (Tables)

12 Months Ended

Dec. 31, 2011

Financial Instruments Owned And Pledged As Collateral At Fair Value, Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase [Abstract]

Summary Of Transactions Related To Assets, Liabilities And Collateral Received Or Pledged


	December 31, 2011						December 31, 2010
	Asset (Liability) Balance			Market Value of Collateral Received or (Pledged)			Asset (Liability) Balance			Market Value of Collateral Received or (Pledged)
Assets
Financial Instruments Owned and Pledged as Collateral at Fair Value	$	127,178					$	52,217
Securities Purchased Under Agreements to Resell		2,146		$	2,143			126,401		$	126,386

Total Assets	$	129,324					$	178,618

Liabilities
Securities Sold Under Agreements to Repurchase	$	(129,577	)	$	(129,809	)	$	(178,683	)	$	(178,603	)

Investments (Tables)

12 Months Ended

Dec. 31, 2011

Investments [Abstract]

Summary Of Investment In The Private Equity Funds


	December 31, 2011		December 31, 2010
ECP II	$	5,037	$	4,856
Discovery Fund		2,393		2,734
EMCP II		9,674		7,580
CSI Capital		3,496		3,361
Trilantic IV		4,551		559

Total Private Equity Funds	$	25,151	$	19,090

Summary Of Other Equity Investments


	December 31, 2011		December 31, 2010
Pan	$	2,531	$	2,939
G5		20,595		21,498
ABS		45,104		—

Total Other Equity Investments	$	68,230	$	24,437

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2011

Fair Value Measurements [Abstract]

Schedule Of Categorization Of Investments And Assets And Liabilities Measured At Fair Value On A Recurring Basis


	December 31, 2011
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities(1)	$	—	$	106,951	$	—	$	106,951
Seed Capital Investments		9,150		2,540		—		11,690
Mutual Funds		8,938		—		—		8,938
Financial Instruments Owned and Pledged as Collateral at Fair Value		127,178		—		—		127,178

Total Assets Measured At Fair Value	$	145,266	$	109,491	$	—	$	254,757


	December 31, 2010
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities(1)	$	—	$	89,931	$	—	$	89,931
Seed Capital Investments		15,588		749		—		16,337
Financial Instruments Owned and Pledged as Collateral at Fair Value		52,217		—		—		52,217

Total Assets Measured At Fair Value	$	67,805	$	90,680	$	—	$	158,485

(1)	Includes $46,291 and $13,438 of municipal bonds and commercial paper classified within Cash and Cash Equivalents on the Consolidated Statement of Financial Condition as of December 31, 2011 and 2010, respectively.

Furniture, Equipment And Leasehold Improvements (Tables)

12 Months Ended

Dec. 31, 2011

Furniture, Equipment And Leasehold Improvements [Abstract]

Components Of Furniture, Equipment And Leasehold Improvements


	December 31,
	2011			2010
Furniture and Office Equipment	$	7,137		$	5,877
Leasehold Improvements		19,890			13,995
Computer and Computer-related Equipment		7,900			6,353

Total		34,927			26,225
Less: Accumulated Depreciation and Amortization		(13,490	)		(11,302	)

Furniture, Equipment and Leasehold Improvements, Net	$	21,437		$	14,923

Issuance Of Notes Payable And Warrants (Tables)

12 Months Ended

Dec. 31, 2011

Issuance Of Notes Payable And Warrants [Abstract]

Schedule Of Future Payments Required On Senior Notes Including Principal And Interest


2012	$	6,240
2013		6,240
2014		6,240
2015		6,240
2016		6,240
Thereafter		144,960

Total	$	176,160

Noncontrolling Interest (Tables)

12 Months Ended

Dec. 31, 2011

Noncontrolling Interest [Abstract]

Changes In Noncontrolling Interest


	For the Years Ended December 31,
	2011			2010			2009
Beginning balance	$	66,542		$	29,361		$	15,978
Comprehensive income
Operating income		3,579			8,851			1,816
Other comprehensive income (loss)		(2,218	)		(754	)		4,546

Total comprehensive income		1,361			8,097			6,362
Other items
Evercore LP Units Purchased or Converted into Class A Common Stock		(12,268	)		(9,834	)		(5,623	)
Issuance and sale of LP Units		—			—			15,000
Amortization and Vesting of LP Units		21,057			20,059			8,552
Distributions to Noncontrolling Interests		(19,087	)		(19,513	)		(19,741	)
Fair value of noncontrolling interest in EAM		—			—			5,068
Fair value of noncontrolling interest in ETC		—			—			2,704
Fair value of noncontrolling interest in AS		—			33,139			—
Issuance of noncontrolling interest in IE		917			4,381			—
Other		(360	)		852			1,061

Total other items		(9,741	)		29,084			7,021

Ending balance	$	58,162		$	66,542		$	29,361

Net Income (Loss) Per Share Attributable To Evercore Partners Inc. Common Shareholders (Tables)

12 Months Ended

Dec. 31, 2011

Net Income (Loss) Per Share Attributable To Evercore Partners Inc. Common Shareholders [Abstract]

Schedule Of Basic And Diluted Net Income (Loss) Per Share


	For the Years Ended December 31,
	2011			2010			2009
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders
Numerator:
Net income (loss) from continuing operations attributable to Evercore Partners Inc.	$	7,918		$	9,471		$	(1,146	)
Associated accretion of redemption price of noncontrolling interest in Trilantic (See Note 15)		(84	)		(74	)		—

Net income (loss) from continuing operations attributable to Evercore Partners Inc. common shareholders		7,834			9,397			(1,146	)
Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders		(966	)		(517	)		(424	)

Net income (loss) attributable to Evercore Partners Inc. common shareholders	$	6,868		$	8,880		$	(1,570	)

Denominator:
Weighted average shares of Class A common stock outstanding, including vested restricted stock units		26,019			19,655			15,545
Basic net income (loss) per share from continuing operations attributable to Evercore Partners Inc. common shareholders	$	0.30		$	0.47		$	(0.07	)
Basic net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders		(0.04	)		(0.02	)		(0.03	)

Basic net income (loss) per share attributable to Evercore Partners Inc. common shareholders	$	0.26		$	0.45		$	(0.10	)

Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders
Numerator:
Net income (loss) from continuing operations attributable to Evercore Partners Inc. common shareholders	$	7,834		$	9,397		$	(1,146	)
Noncontrolling interest related to the assumed exchange of LP Units for Class A common shares		(a	)		(a	)		(a	)
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above		(a	)		(a	)		(a	)

Diluted net income (loss) from continuing operations available for Class A common shareholders		7,834			9,397			(1,146	)
Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders		(966	)		(517	)		(424	)

Diluted net income (loss) from discontinued operations available for Class A common shareholders	$	6,868		$	8,880		$	(1,570	)

Denominator:
Weighted average shares of Class A common stock outstanding, including vested RSUs		26,019			19,655			15,545
Assumed exchange of LP Units for Class A common shares		(a	)		(a	)		(a	)
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		1,903			1,892			(c	)
Assumed conversion of Warrants issued		1,475			1,421			(b	)

Diluted weighted average shares of Class A common stock outstanding		29,397			22,968			15,545

Diluted net income (loss) per share from continuing operations attributable to Evercore Partners Inc. common shareholders	$	0.27		$	0.41		$	(0.07	)
Diluted net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders		(0.04	)		(0.02	)		(0.03	)

Diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders	$	0.23		$	0.39		$	(0.10	)

(a)

(b)

(c)

Share-Based And Other Deferred Compensation (Tables)

12 Months Ended

Dec. 31, 2011

Acquisition-Related [Member]

Summary Of Activity Related To Share-Based Payment Awards


	Acquisition-related Awards
	Number of Shares		Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2011		—	$	—
Granted		1,911		43,537
Modified		—		—
Forfeited		—		—
Vested		—		—

Unvested Balance at December 31, 2011		1,911	$	43,537

IPO Event-Based Awards [Member]

Summary Of Activity Related To Share-Based Payment Awards


	Event-based Awards
	Number of Shares			Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2011		633		$	13,034
Granted		—			—
Modified		—			—
Forfeited		(27	)		(567	)
Vested		(594	)		(12,265	)

Unvested Balance at December 31, 2011		12		$	202

Equity Grants [Member]

Summary Of Activity Related To Share-Based Payment Awards


	Service-based Awards
	Number of Shares			Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2011		9,437		$	186,770
Granted		2,209			70,225
Modified		(97	)		(527	)
Forfeited		(121	)		(2,778	)
Vested		(3,077	)		(65,639	)

Unvested Balance at December 31, 2011		8,351		$	188,051

Commitments And Contingencies (Tables)

12 Months Ended

Dec. 31, 2011

Commitments And Contingencies [Abstract]

Aggregate Minimum Future Payments Required On Operating Leases


2012	$	21,158
2013		19,943
2014		18,461
2015		18,228
2016		18,705
Thereafter		105,519

Total	$	202,014

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

Schedule Of U.S. And Non-U.S Components Of Income (Loss) Before Income Tax Expense

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes [Abstract]


	For the Years Ended December 31,
	2011			2010			2009
U.S.	$	37,681		$	30,091		$	35,442
Non-U.S.		(7,039	)		(4,443	)		(16,909	)

Income before Income Tax Expense(a)	$	30,642		$	25,648		$	18,533

(a)	From continuing operations, net of Noncontrolling Interest.

Schedule Of Components Of Provision For Income Taxes


	For the Years Ended December 31,
	2011			2010			2009
Current:
Federal	$	2,367		$	10,054		$	7,777
Foreign		4,447			931			1,460
State and Local		4,942			2,256			4,591

Total Current		11,756			13,241			13,828
Deferred:
Federal		11,368			3,115			2,160
Foreign		(1,129	)		(340	)		2,999
State and Local		729			161			692

Total Deferred		10,968			2,936			5,851

Total	$	22,724		$	16,177		$	19,679

Schedule Of Reconciliation Between Statutory Federal Income Tax Rate And Company's Effective Tax Rate


	For the Years Ended December 31,
	2011			2010			2009
Reconciliation of Federal Statutory Tax Rates
U.S. Statutory Tax Rate		35.0	%		35.0	%		35.0	%
Increase (Decrease) Due to State and Local Taxes		13.1	%		7.1	%		22.8	%
Rate Benefits as a Limited Liability Company/Flow Through		(5.7	%)		(10.2	%)		(15.6	%)
Foreign Taxes		4.3	%		0.1	%		(16.6	%)
Non-Deductible Expenses(1)		17.1	%		12.2	%		28.7	%
Valuation Allowances		(0.9	%)		0.7	%		34.0	%
Other Adjustments		(1.0	%)		(0.3	%)		1.0	%

Effective Income Tax Rate		61.9	%		44.6	%		89.3	%

(1)	Primarily related to non-deductible share-based compensation expense.

Schedule Of Company's Deferred Tax Assets And Liabilities


	December 31,
	2011			2010
Current Deferred Tax Assets:
Step up in tax basis due to the exchange of LP Units for Class A Shares	$	8,621		$	5,092

Total Current Deferred Tax Asset	$	8,621		$	5,092

Long-term Deferred Tax Assets:
Depreciation and Amortization	$	13,180		$	5,793
Compensation and Benefits		23,002			28,631
Step up in tax basis due to the exchange of LP Units for Class A Shares		154,574			110,228
Other		15,859			8,056

Total Long-term Deferred Tax Assets	$	206,615		$	152,708

Long-term Deferred Tax Liabilities:
Goodwill and Investments	$	11,715		$	9,994

Total Long-term Deferred Tax Liabilities	$	11,715		$	9,994

Net Long-term Deferred Tax Assets Before Valuation Allowance	$	194,900		$	142,714
Valuation Allowance		(8,211	)		(8,553	)

Net Long-term Deferred Tax Assets	$	186,689		$	134,161

Schedule Of Reconciliation Of Changes In Tax Positions


	December 31,
	2011			2010			2009
Beginning unrecognized tax benefit	$	2,012		$	2,728		$	1,717
Additions for tax positions of prior years		98			—			1,011
Reductions for tax positions of prior years		—			—			—
Lapse of Statute of Limitations		(1,001	)		(716	)		—

Ending unrecognized tax benefit	$	1,109		$	2,012		$	2,728

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

Segment Operating Results [Abstract]

Segment Operating Results (Tables)

12 Months Ended

Dec. 31, 2011

Information Provides A Reasonable Representation Of Each Segment's Contribution


	For the Years Ended December 31,
	2011			2010			2009
Investment Banking
Net Revenues(1)	$	428,124		$	301,847		$	292,634
Operating Expenses		337,886			240,312			204,399
Other Expenses(2)		55,591			19,408			17,728

Operating Income		34,647			42,127			70,507
Income from Equity Method Investments		1,101			16			—

Pre-Tax Income	$	35,748		$	42,143		$	70,507

Identifiable Segment Assets	$	530,008		$	370,329		$	377,303

Investment Management
Net Revenues(1)	$	96,140		$	74,058		$	19,783
Operating Expenses		89,269			75,704			52,233
Other Expenses(2)		5,706			3,621			14,609

Operating Income (Loss)		1,165			(5,267	)		(47,059	)
Income (Loss) from Equity Method Investments		(182	)		(573	)		(1,406	)

Pre-Tax Income (Loss)	$	983		$	(5,840	)	$	(48,465	)

Identifiable Segment Assets	$	513,584		$	527,756		$	513,857

Total
Net Revenues(1)	$	524,264		$	375,905		$	312,417
Operating Expenses		427,155			316,016			256,632
Other Expenses(2)		61,297			23,029			32,337

Operating Income		35,812			36,860			23,448
Income (Loss) from Equity Method Investments		919			(557	)		(1,406	)

Pre-Tax Income	$	36,731		$	36,303		$	22,042

Identifiable Segment Assets	$	1,043,592		$	898,085		$	891,160

(1)	Net revenues include Other Revenue, net, allocated to the segments as follows:


	For the Years Ended December 31,
	2011			2010			2009
Investment Banking(A)	$	(2,473	)	$	(84	)	$	(677	)
Investment Management(B)		(3,021	)		(552	)		(1,381	)

Total Other Revenue, net	$	(5,494	)	$	(636	)	$	(2,058	)

(A)

Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $4,238, $4,169, and $2,742 for the years ended December 31, 2011, 2010 and 2009, respectively.

(B)

Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $3,579, $3,525 and $4,853 for the years ended December 31, 2011, 2010 and 2009, respectively.

(2)	Other Expenses are as follows:


	For the Years Ended December 31,
	2011		2010		2009
Investment Banking
Amortization of LP Units and Certain Other Awards	$	21,328	$	17,532	$	7,910
Vesting of Event-based Awards		8,906		—		—
Acquisition Related Compensation Charges		14,618		—		—
Special Charges		3,894		—		7,942
Intangible Asset Amortization		6,845		1,876		1,876

Total Investment Banking		55,591		19,408		17,728

Investment Management
Amortization of LP Units and Certain Other Awards		2,892		3,289		1,490
Vesting of Event-based Awards		2,483		—		—
Special Charges		—		—		12,187
Acquisition and Transition Costs		—		—		712
Intangible Asset Amortization		331		332		220

Total Investment Management		5,706		3,621		14,609

Total Other Expenses	$	61,297	$	23,029	$	32,337

Reconciliation Of Other Revenue From Segments To Consolidated


	For the Years Ended December 31,
	2011			2010			2009
Investment Banking(A)	$	(2,473	)	$	(84	)	$	(677	)
Investment Management(B)		(3,021	)		(552	)		(1,381	)

Total Other Revenue, net	$	(5,494	)	$	(636	)	$	(2,058	)

(A)

Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $4,238, $4,169, and $2,742 for the years ended December 31, 2011, 2010 and 2009, respectively.

(B)

Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $3,579, $3,525 and $4,853 for the years ended December 31, 2011, 2010 and 2009, respectively.


	For the Years Ended December 31,
	2011		2010		2009
Investment Banking
Amortization of LP Units and Certain Other Awards	$	21,328	$	17,532	$	7,910
Vesting of Event-based Awards		8,906		—		—
Acquisition Related Compensation Charges		14,618		—		—
Special Charges		3,894		—		7,942
Intangible Asset Amortization		6,845		1,876		1,876

Total Investment Banking		55,591		19,408		17,728

Investment Management
Amortization of LP Units and Certain Other Awards		2,892		3,289		1,490
Vesting of Event-based Awards		2,483		—		—
Special Charges		—		—		12,187
Acquisition and Transition Costs		—		—		712
Intangible Asset Amortization		331		332		220

Total Investment Management		5,706		3,621		14,609

Total Other Expenses	$	61,297	$	23,029	$	32,337

Geographic Information


	For the Years Ended December 31,
	2011		2010		2009
Net Revenues:(1)
United States	$	387,063	$	290,693	$	256,104
Europe and Other		112,049		60,605		36,078
Latin America		30,646		25,243		22,293

Total	$	529,758	$	376,541	$	314,475

(1)	Excludes Other Revenue and Interest Expense.

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

Evercore Partners Inc. (Parent Company Only) Financial Statements [Abstract]

Evercore Partners Inc (Parent Company Only) Financial Statements (Tables)

12 Months Ended

Dec. 31, 2011

Condensed Statements Of Financial Condition


	December 31,
	2011			2010
ASSETS
Equity Investment in Subsidiary	$	452,027		$	362,888
Deferred Tax Asset		188,256			134,893
Other Assets		14,310			4,516

TOTAL ASSETS	$	654,593		$	502,297

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Payable to Related Party	$	6,217		$	3,983
Amounts Due Pursuant to Tax Receivable Agreement		137,448			97,427
Long-term Debt—Notes Payable		99,664			98,082
Other Liabilities		3,600			2,106

TOTAL LIABILITIES		246,929			201,598
Stockholders' Equity
Common Stock
Class A, par value $0.01 per share (1,000,000,000 shares authorized, 31,014,265 and 21,497,691 issued at December 31, 2011 and 2010, respectively, and 27,941,307 and 19,983,646 outstanding at December 31, 2011 and 2010, respectively)		310			215
Class B, par value $0.01 per share (1,000,000 shares authorized, 47 and 48 issued and outstanding at December 31, 2011 and 2010, respectively)		—			—
Additional Paid-In-Capital		575,122			400,719
Accumulated Other Comprehensive Income (Loss)		(12,058	)		(4,193	)
Retained Earnings (Deficit)		(76,703	)		(61,504	)
Treasury Stock at Cost (3,072,958 and 1,514,045 shares at December 31, 2011 and 2010, respectively)		(79,007	)		(34,538	)

TOTAL STOCKHOLDERS' EQUITY		407,664			300,699

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	654,593		$	502,297

Condensed Statements Of Operations


	For the Years Ended December 31,
	2011		2010		2009
REVENUES
Interest Income	$	7,817	$	7,693	$	7,594

TOTAL REVENUES		7,817		7,693		7,594
Interest Expense		7,817		7,693		7,594

NET REVENUES		—		—		—

EXPENSES
TOTAL EXPENSES		—		—		—

OPERATING INCOME		—		—		—

Equity in Income of Subsidiary		21,083		20,618		9,212
Provision for Income Taxes		14,131		11,664		10,782

NET INCOME (LOSS)	$	6,952	$	8,954	$	(1,570	)

Condensed Statements Of Cash Flows


	For the Years Ended December 31,
	2011			2010			2009
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)	$	6,952		$	8,954		$	(1,570	)
Undistributed Income of Subsidiary		(21,083	)		(20,618	)		(9,729	)
Accretion on Long-term Debt		1,582			1,464			1,355
(Increase) Decrease in Operating Assets:
Other Assets		12,105			(1,324	)		2,138
Increase (Decrease) in Operating Liabilities:
Payable to Uncombined Affiliates		957			—			—
Taxes Payable		—			—			—
Other Long-term Liabilities		(574	)		—			—

Net Cash Used in Operating Activities		(61	)		(11,524	)		(7,806	)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash Paid for Acquisitions, net of cash acquired		(30,397	)		—			—
Investment in Subsidiary		(22,994	)		23,760			13,263

Net Cash Provided by (Used in) Investing Activities		(53,391	)		23,760			13,263
CASH FLOWS FROM FINANCING ACTIVITIES
Net Proceeds from Follow-On Offerings		—			—			4,683
Proceeds from Equity Offering		168,140			77,185			70,761
Purchase of Evercore LP Units		(95,342	)		(76,763	)		(70,761	)
Foreign Currency Translation		—			(300	)		(446	)
Dividends		(19,346	)		(12,358	)		(8,217	)
ASC 740 Adjustment		—			—			(1,477	)

Net Cash (Used in) Provided by Financing Activities		53,452			(12,236	)		(5,457	)

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		—			—			—
CASH AND CASH EQUIVALENTS—Beginning of Year		—			—			—

CASH AND CASH EQUIVALENTS—End of Year	$	—		$	—		$	—

Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
Significant Accounting Policies (Details) $ in Thousands	Dec. 31, 2011 USD ($) years	Aug. 21, 2008 USD ($)
Significant Accounting Policies [Abstract]
LP units convertible conversion ratio	1
Estimated useful lives of the assets, minimum in years	3
Estimated useful lives of the assets, maximum in years	7
Principal amount of senior unsecured notes \| $	$ 120,000	$ 120,000
Largest amount of tax benefit, percent	50.00%
Fair value of awards vesting period, minimum in years	1
Fair value of awards vesting period, maximum in years	5

Business Changes And Developments (Narrative) (Details) $ / shares in Units, £ in Thousands, $ in Thousands				1 Months Ended				3 Months Ended	9 Months Ended	12 Months Ended
	Aug. 19, 2011 USD ($)	Aug. 19, 2011 GBP (£) shares	Aug. 19, 2011 USD ($) shares	Oct. 31, 2010 USD ($)	May 31, 2010 USD ($)	Apr. 30, 2010 USD ($)	Feb. 28, 2010 USD ($)	Sep. 30, 2011 USD ($)	Sep. 30, 2011 USD ($) years	Dec. 31, 2011 USD ($) months	Dec. 31, 2010 USD ($) $ / shares	Dec. 31, 2009 USD ($)	Dec. 31, 2011 GBP (£)	Dec. 31, 2011 USD ($) $ / shares	Dec. 29, 2011 USD ($)	Aug. 19, 2011 USD ($) $ / shares	May 28, 2010 USD ($)
Business Acquisition [Line Items]
Cash received by sellers for consideration																$ 52,160
Period of deferral of issue of class of restricted shares, years \| years									4
Gross fair value of accounts receivable														$ 7,821
Revenue related to acquiree from the period of acquisition			$ 41,637
Operating expenses related to acquiree from the period of acquisition			32,073
Income resulting out of acquisition from the period of acquisition			9,564
Expenses associated with amortization of intangible assets										$ 14,315	$ 7,541	$ 2,096
Non-controlling interest												5.00%
Goodwill allocated											139,031	$ 49,764		177,849
Number of governing management committee members															5
Lexicon [Member]
Business Acquisition [Line Items]
Approximate amount to be received by sellers of acquiree entity		£ 46,142														76,167
Cash received by sellers for consideration		31,598														52,160
Payment of remaining cash																9,274
Funded repayment of outstanding capital notes		£ 5,039	$ 8,318
Gross fair value of accounts receivable																7,821
Client related intangible assets recorded in connection with acquisition																$ 7,164
Revenue related to acquiree from the period of acquisition										41,637
Operating expenses related to acquiree from the period of acquisition										32,073
Income resulting out of acquisition from the period of acquisition										$ 9,564
Other expenses incurred related to acquisition	$ 23,587
Compensation charges	14,618
Acquisition related special charges included in other expenses related to acquisition	3,894
Expenses associated with amortization of intangible assets	$ 5,075
Intangible assets amortization period \| months										6
ABS [Member]
Business Acquisition [Line Items]
Cash received by sellers for consideration															$ 45,104
Non-controlling interest															45.00%
Remaining interest															55.00%
Number of governing management committee members															3
EAM [Member]
Business Acquisition [Line Items]
Charge in the investment management segment related to the write-off of client-based intangible assets								$ 975
Goodwill allocated								$ 94,700	$ 94,700
Institutional Asset Management reporting unit exceeded carrying value								15.00%	15.00%
Pretax income or losses										$ 4,198	2,618	$ 2,264
AS [Member]
Business Acquisition [Line Items]
Approximate amount to be received by sellers of acquiree entity											14,700
Cash received by sellers for consideration					$ 68,992												$ 68,992
Payment of remaining cash											1,470
Gross fair value of accounts receivable																	7,034
Client related intangible assets recorded in connection with acquisition																	$ 43,280
Revenue related to acquiree from the period of acquisition										43,617	27,079
Expenses associated with amortization of intangible assets										6,228	3,632
Non-controlling interest					49.00%
Remaining interest					51.00%
Pretax income or losses										7,816	$ 5,264
Earn-out consideration payable in cash											50.00%
Earn-out consideration payable in restricted Class A Shares											50.00%
Majority earn-out consideration payable in cash											20.00%
Intangible assets amortized over estimated useful lives, minimum years											4
Intangible assets amortized over estimated useful lives, maximum years											15
Morse, Williams And Company, Inc. [Member]
Business Acquisition [Line Items]
Expenses associated with amortization of intangible assets										124	$ 84
Goodwill allocated					$ 848
Fair value earn-out consideration											627			1,096
Acquisition included share-based initial consideration					$ 1,350
MJC Associates [Member]
Business Acquisition [Line Items]
Cash received by sellers for consideration						$ 2,000
Revenue related to acquiree from the period of acquisition						3,000
Expenses associated with amortization of intangible assets										24	954
Goodwill allocated						$ 6,183
Intangible assets amortized over estimated useful lives, minimum years						5
Intangible assets amortized over estimated useful lives, maximum years						5
Fair value earn-out consideration											5,282			$ 4,570
Private Funds Group Of Neuberger Berman [Member]
Business Acquisition [Line Items]
Expenses associated with amortization of intangible assets										760	664
Goodwill allocated							$ 990
Intangible assets amortized over estimated useful lives, minimum years							4
Intangible assets amortized over estimated useful lives, maximum years							7
Fair value earn-out consideration											$ 1,653
Acquisition included share-based initial consideration							$ 1,000
G5 [Member]
Business Acquisition [Line Items]
Cash received by sellers for consideration				$ 10,867
Non-controlling interest				50.00%
Earn-out consideration payable in cash				50.00%
Earn-out consideration payable in restricted Class A Shares				50.00%
Initital consideration received, Restricted shares of Class A common stock				$ 10,319
Parent Company [Member]
Business Acquisition [Line Items]
Number of governing management committee members															2
Class A [Member]
Business Acquisition [Line Items]
Approximate number of shares of common stock receivable by sellers of acquiree entity \| shares		1,911,000	1,911,000
Common stock, par value \| $ / shares											$ 0.01			$ 0.01		$ 0.01
Shares of common stock issued for purchase consideration \| shares		28	28
Class A [Member] \| Lexicon [Member]
Business Acquisition [Line Items]
Approximate amount to be received by sellers of acquiree entity													£ 5,619	$ 9,274
Class A [Member] \| Parent Company [Member]
Business Acquisition [Line Items]
Common stock, par value \| $ / shares											$ 0.01			$ 0.01
Series A-2 [Member] \| AS [Member]
Business Acquisition [Line Items]
Remaining interest					5.50%
Series B [Member] \| AS [Member]
Business Acquisition [Line Items]
Remaining interest					19.60%
Series C [Member] \| AS [Member]
Business Acquisition [Line Items]
Non-controlling interest					66.00%
Remaining interest					25.90%
Series A-1 [Member] \| AS [Member]
Business Acquisition [Line Items]
Non-controlling interest					49.00%
Deferred Payment [Member]
Business Acquisition [Line Items]
Payment of remaining cash													£ 8,925	$ 14,733
Deferred Payment [Member] \| Class A [Member]
Business Acquisition [Line Items]
Shares of common stock issued for purchase consideration \| shares		1,883	1,883
Client Related Intangible Assets [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition														$ 7,164
Amortization expense of client related intangible assets recognized			$ 5,075
Client Related Intangible Assets [Member] \| Lexicon [Member]
Business Acquisition [Line Items]
Amortization expense of client related intangible assets recognized										$ 5,075
Client Relationships [Member] \| AS [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition											$ 39,700
Client Relationships [Member] \| Morse, Williams And Company, Inc. [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition					$ 1,130
Intangible assets amortization period					9
Client Relationships [Member] \| MJC Associates [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition						$ 940
Client Relationships [Member] \| Private Funds Group Of Neuberger Berman [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition							2,300
Trademarks [Member] \| AS [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition											1,800
Non-Compete/Non-Solicit Agreements [Member] \| AS [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition											1,780
Non-Compete/Non-Solicit Agreements [Member] \| MJC Associates [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition						135
Three anniversary Dates [Member] \| MJC Associates [Member]
Business Acquisition [Line Items]
Cash received by sellers for consideration						$ 1,000
Acquired Mandates [Member] \| Private Funds Group Of Neuberger Berman [Member]
Business Acquisition [Line Items]
Client related intangible assets recorded in connection with acquisition							$ 1,810
Minimum [Member] \| AS [Member]
Business Acquisition [Line Items]
Earnings before interest, taxes, depreciation and amortization ("EBITDA") exceed											17
Maximum [Member] \| AS [Member]
Business Acquisition [Line Items]
Earnings before interest, taxes, depreciation and amortization ("EBITDA") exceed											$ 19,500

Business Changes And Developments (Purchase Price Allocation) (Details) £ in Thousands, $ in Thousands	Dec. 31, 2011 USD ($)	Aug. 19, 2011 GBP (£)	Aug. 19, 2011 USD ($)	Dec. 31, 2010 USD ($)	May 31, 2010 USD ($)	May 28, 2010 USD ($)
Cash Paid			$ 52,160
Accounts Receivable	$ 7,821
Goodwill Resulting from Business Combination	$ 44,366			$ 88,230
Lexicon [Member]
Cash Paid		£ 31,598	52,160
Fair Value of Shares Issued			636
Fair Value of Deferred Cash Consideration			9,274
Total Fair Value of Purchase Price			62,070
Cash and Cash Equivalents			21,812
Accounts Receivable			7,821
Prepaid Expenses			9,504
Fixed Assets			429
Other Assets			964
Intangible Assets			7,164
Current Liabilities			(21,592)
Long-term Debt			(8,318)
Identifiable Net Assets			17,784
Goodwill Resulting from Business Combination			$ 44,286
AS [Member]
Cash Paid					$ 68,992	$ 68,992
Fair Value of Contingent Consideration						14,037
Fair Value of Consideration Transferred						83,029
Fair Value of Noncontrolling Interest						42,381
Fair Value of Deferred Cash Consideration				$ 1,470
Total Fair Value of Purchase Price						125,410
Cash and Cash Equivalents						1,410
Accounts Receivable						7,034
Investments						9
Prepaid Expenses						321
Fixed Assets						114
Intangible Assets						43,280
Accounts Payable and Accrued Expenses						(668)
Accrued Compensation and Benefits						(6,278)
Income Taxes Payable						(21)
Identifiable Net Assets						45,201
Goodwill Resulting from Business Combination						$ 80,209

Business Changes And Developments (Operating Results On Pro Forma Basis) (Details) - Lexicon [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Business Acquisition [Line Items]
Net Revenues	$ 575,344	$ 446,174
Pre-tax Income	31,325	18,650
Net Income from Continuing Operations Attributable to Evercore Partners Inc.	$ 4,635	$ 2,504
Diluted Net Income Per Share from Continuing Operations Available to Evercore Partners Inc.	$ 0.15	$ 0.10

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

Business Changes And Developments (Summary Of Assets And Liabilities EAM) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008
Cash and Cash Equivalents	$ 182,905	$ 141,337	$ 206,682	$ 175,902
Accounts Receivable	52,060	49,625
Intangible Assets	40,909	49,232
Other Assets	11,718	8,972
Total Assets	1,043,592	898,085	$ 891,160
Payable to Employees and Related Parties	12,647	4,181
Accrued Compensation and Benefits	125,869	82,943
Other Liabilities	15,490	22,956
Total Liabilities	555,499	505,438
EAM [Member]
Cash and Cash Equivalents	3,480	1,534
Accounts Receivable	303	606
Intangible Assets		1,073
Other Assets		60
Total Assets	$ 3,783	3,273
Payable to Employees and Related Parties		2,987
Accrued Compensation and Benefits		574
Other Liabilities		207
Total Liabilities		$ 3,768

Business Changes And Developments (Goodwill Associated With Company's Acquisitions) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Goodwill [Line Items]
Acquisitions	$ 44,366	$ 88,230
Foreign Currency Translation	(5,548)	1,037
Investment Banking [Member]
Goodwill [Line Items]
Acquisitions	44,286	7,173
Foreign Currency Translation	(5,548)	1,037
Investment Management [Member]
Goodwill [Line Items]
Acquisitions	$ 80	$ 81,057

Cumulative translation adjustment resulting from translating foreign currency financial statements into the reporting currency. Reported in equity as part of accumulated other comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 23, 24, 25
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 31
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32022-110900

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32211-110900

Business Changes And Developments (Annual Amortization Of Intangibles For Next Five Years) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($)
Business Changes And Developments [Abstract]
2012	$ 10,489
2013	7,508
2014	5,214
2015	3,555
2016	$ 3,174

Special Charges And Acquisition And Transition Costs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($) years	Dec. 31, 2010 USD ($)	Dec. 31, 2009 USD ($) shares
Special Charges And Acquisition And Transition Costs [Line Items]
Special Charges	$ 3,894		$ 20,129
Special charges incurred in connection with exiting of a lease commitment for office space	$ 731
Noncash Special Charges			20,129
Equity based awards expensed period, in years \| years	4
Acquisition and transition costs	$ 3,465	$ 3,399	$ 712
Lexicon [Member]
Special Charges And Acquisition And Transition Costs [Line Items]
Business combination acquisition related introduction fee	1,895
Other professional fees	1,268
Acquisition and transition costs	$ 2,118
RSUs [Member]
Special Charges And Acquisition And Transition Costs [Line Items]
Forfeited event units \| shares			738
LP Units [Member]
Special Charges And Acquisition And Transition Costs [Line Items]
Forfeited event units \| shares			250

Related Parties (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Related Parties [Abstract]
Payment for expenses on behalf of the private equity funds	$ 1,833	$ 1,301	$ 1,313
Total Investment Management revenues from related parties	$ 6,696	$ 8,346	$ 5,031

Revenues arising from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's' management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates.

Related Parties (Schedule Of Receivable From Employees And Related Parties) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Related Parties [Abstract]
Advances to Employees	$ 4,830	$ 1,994
Personal Expenses Paid on Behalf of Employees and Related Parties	49	240
Receivable from Affiliates	689
Reimbursable Expenses Due From Portfolio Companies of the Company's Private Equity Funds	636	485
Reimbursable Expenses Relating to the Private Equity Funds	1,589	746
Receivable from Employees and Related Parties	$ 7,793	$ 3,465

For an unclassified balance sheet, amount of receivables due from an entity that is affiliated with the reporting entity by means of direct or indirect ownership.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph k
-Subparagraph 1

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 2
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 7
-Section 03
-Paragraph 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 16, 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k)(1))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39599-107864

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.3)
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

For an unclassified balance sheet, amounts due from an Entity employee, not to include stockholders or officers.

For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph k
-Subparagraph 1

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 2
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 7
-Section 03
-Paragraph 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 16, 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k)(1))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.3)
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.10(3))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Lexicon Deferred Consideration Payable

Related Parties (Schedule Of Payable To Employees And Related Parties) (Details) - USD ($)
$ in Thousands

Dec. 31, 2011

Dec. 31, 2010

Related Parties [Abstract]

Board of Director Fees

$ 235

$ 205

358

Amounts Due to Former Members of Lexicon

5,844

Amounts Due Pursuant to Tax Receivable Agreements

^[1]

6,210

3,976

Payable to Employees and Related Parties

12,647

4,181

Amounts Due Pursuant to Tax Receivable Agreements

$ 137,448

$ 97,427

[1]	Relates to the current portion of the Member exchange of LP Units for Class A Shares. The long-term portion of $137,448 and $97,427 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2011 and 2010, respectively.

Amount for accounts payable to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

The aggregate obligations owed to related parties other than affiliates, officers or stockholders (for example, owner's immediate families or employee pension trusts) at the financial statement date. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Marketable Securities (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Debt Securities [Member]
Schedule Of Marketable Securities [Line Items]
Realized gains	$ 86	$ 3,450	$ 641
Seed Capital Investments [Member]
Schedule Of Marketable Securities [Line Items]
Realized gains	936	1,653	$ 345
Debt Securities Carried By EGL [Member]
Schedule Of Marketable Securities [Line Items]
Marketable Securities, Gain (Loss)	(460)	$ 481
Mutual Funds [Member]
Schedule Of Marketable Securities [Line Items]
Marketable Securities, Gain (Loss)	$ (412)

This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities.

Marketable Securities (Amortized Cost And Estimated Fair Value Of Marketable Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	$ 80,390	$ 89,985
Available-for-Sale, Gross Unrealized Gains	1,530	2,903
Available-for-Sale, Gross Unrealized Losses	632	58
Available-for-Sale, Fair Value	81,288	92,830
Available-For-Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	23,457	39,148
Available-for-Sale, Gross Unrealized Gains	821	2,402
Available-for-Sale, Gross Unrealized Losses	29	40
Available-for-Sale, Fair Value	24,249	41,510
Corporate Bonds [Member] \| Available-For-Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	1,008	7,126
Available-for-Sale, Gross Unrealized Gains		45
Available-for-Sale, Gross Unrealized Losses	2
Available-for-Sale, Fair Value	1,006	7,171
Municipal Bonds [Member] \| Available-For-Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	9,544	16,910
Available-for-Sale, Gross Unrealized Gains	9	107
Available-for-Sale, Gross Unrealized Losses		15
Available-for-Sale, Fair Value	9,553	17,002
Other Debt Securities [Member] \| Available-For-Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	2,000	1,000
Available-for-Sale, Fair Value	2,000	1,000
Seed Capital Investments [Member] \| Available-For-Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	10,905	14,112
Available-for-Sale, Gross Unrealized Gains	812	2,250
Available-for-Sale, Gross Unrealized Losses	27	25
Available-for-Sale, Fair Value	11,690	16,337
Debt Securities Carried By EGL [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	47,583	50,837
Available-for-Sale, Gross Unrealized Gains	518	501
Available-for-Sale, Gross Unrealized Losses		18
Available-for-Sale, Fair Value	48,101	$ 51,320
Mutual Funds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-Sale, Cost	9,350
Available-for-Sale, Gross Unrealized Gains	191
Available-for-Sale, Gross Unrealized Losses	603
Available-for-Sale, Fair Value	$ 8,938

Marketable Securities (Scheduled Maturities Of Available-For-Sale Debt Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Marketable Securities [Abstract]
Due within one year, Amortized Cost	$ 8,699	$ 17,183
Due within one year, Fair Value	8,703	17,265
Due after one year through five years, Amortized Cost	3,853	7,853
Due after one year through five years, Fair Value	3,856	7,908
Total, Amortized Cost	12,552	25,036
Total, Fair Value	$ 12,559	$ 25,173

For an unclassified balance sheet, total of debt securities categorized neither as held-to-maturity nor trading.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 12
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 137
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 25
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6379932&loc=d3e22054-111558

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-Subparagraph (b)-(g)
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15C
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Financial Instruments Owned And Pledged As Collateral At Fair Value, Securities Purchased Under Agreements To Resell And Securities Sold Under Agreements To Repurchase (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($) years	Dec. 31, 2010 USD ($)
Financial Instruments Owned and Pledged as Collateral [Line Items]
Financial Instruments Owned and Pledged as Collateral at Fair Value	$ 127,178	$ 52,217
Securities Purchased Under Agreements to Resell	2,146	126,401
Securities Sold Under Agreements to Repurchase	(129,577)	(178,683)
Market value of collateral received	2,143	126,386
Market value of collateral pledged	$ (129,809)	(178,603)
Securities average estimated maturity period, years \| years	3.0
Asset (Liability) Balance [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Financial Instruments Owned and Pledged as Collateral at Fair Value	$ 127,178	52,217
Securities Purchased Under Agreements to Resell	2,146	126,401
Total Assets	129,324	178,618
Securities Sold Under Agreements to Repurchase	$ (129,577)	$ (178,683)

The carrying value of funds outstanding loaned in the form of security resale agreements if the agreement requires the purchaser to resell the identical security purchased or a security that meets the definition of "substantially the same." Also includes purchases of participations in pools of securities that are subject to a resale agreement.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph m
-Subparagraph 1(i)

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 41
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 140
-Paragraph 100
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph m
-Subparagraph 2

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.3)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(m)(2)(i))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6935251&loc=d3e9760-107771

The carrying value as of the balance sheet date of securities that an institution sells and agrees to repurchase (the identical or substantially the same securities) as a seller-borrower at a specified date for a specified price, also known as a repurchase agreement, or repo. Most repos involve obligations of the federal government or its agencies, but other financial instruments, such as commercial paper, banker's acceptances, and negotiable certificates of deposit, are sometimes used in repos.

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Investments (Narrative) (Details) $ in Thousands	3 Months Ended								12 Months Ended
Investments (Narrative) (Details) $ in Thousands	Dec. 31, 2011 USD ($)	Sep. 30, 2011 USD ($)	Jun. 30, 2011 USD ($)	Mar. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Sep. 30, 2010 USD ($)	Jun. 30, 2010 USD ($)	Mar. 31, 2010 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2009 USD ($)	Oct. 31, 2010
Schedule of Equity Method Investments [Line Items]
Existing commitment to CSI Capital, percent					58.00%					58.00%
Net realized and unrealized gains (losses) on private equity fund investments, including performance fees									$ 6,200	$ 2,148	$ (5,179)
Previously received carried interest subject to repayment	$ 2,701								2,701
Carrying value of notes receivable	667								667
Income (Loss) from Equity Method Investments	255	$ 195	$ 69	$ 400	$ (116)	$ (131)	$ (130)	$ (180)	919	(557)	$ (1,406)
Cost basis investments exchange noncontrolling interest, percent											5.00%
Trilantic [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment	15,549				15,840				$ 15,549	15,840
Pan [Member]
Schedule of Equity Method Investments [Line Items]
Notes due date									2016
Number of seats holds in board									3
Total number of board seats									6
Equity method investment	$ 4,158								$ 4,158
Equity method investment in Pan and maintains, percent	50.00%								50.00%
Income (Loss) from Equity Method Investments									$ (420)	(621)	$ (1,406)
G5 [Member]
Schedule of Equity Method Investments [Line Items]
Income (Loss) from Equity Method Investments									$ 1,340	64
Cost basis investments exchange noncontrolling interest, percent												50.00%
CSIP [Member]
Schedule of Equity Method Investments [Line Items]
Cost basis investment											$ 1,250
CSI Capital [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment					$ 3,164					$ 3,164
Minimum [Member] \| ECP II [Member]
Schedule of Equity Method Investments [Line Items]
Carried interest earned by the general partner, percent									8.00%
Maximum [Member] \| ECP II [Member]
Schedule of Equity Method Investments [Line Items]
Carried interest earned by the general partner, percent									9.00%
Other Expenses [Member]
Schedule of Equity Method Investments [Line Items]
Cost basis investment	$ 1,250								$ 1,250

Investments (Summary Of Investment In The Private Equity Funds) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Schedule of Equity Method Investments [Line Items]
Total Private Equity Funds	$ 25,151	$ 19,090
ECP II [Member]
Schedule of Equity Method Investments [Line Items]
Total Private Equity Funds	5,037	4,856
Discovery Fund [Member]
Schedule of Equity Method Investments [Line Items]
Total Private Equity Funds	2,393	2,734
EMCP II [Member]
Schedule of Equity Method Investments [Line Items]
Total Private Equity Funds	9,674	7,580
CSI Capital [Member]
Schedule of Equity Method Investments [Line Items]
Total Private Equity Funds	3,496	3,361
Trilantic IV [Member]
Schedule of Equity Method Investments [Line Items]
Total Private Equity Funds	$ 4,551	$ 559

Investments (Summary Of Other Equity Investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Schedule of Equity Method Investments [Line Items]
Total Other Equity Investments	$ 68,230	$ 24,437
Pan [Member]
Schedule of Equity Method Investments [Line Items]
Total Other Equity Investments	2,531	2,939
G5 [Member]
Schedule of Equity Method Investments [Line Items]
Total Other Equity Investments	20,595	$ 21,498
ABS [Member]
Schedule of Equity Method Investments [Line Items]
Total Other Equity Investments	$ 45,104

Fair Value Measurements (Schedule Of Categorization Of Investments And Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($)
$ in Thousands

Dec. 31, 2011

Dec. 31, 2010

Financial Instruments Owned and Pledged as Collateral at Fair Value

$ 127,178

$ 52,217

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

254,757

158,485

Level I [Member]

Financial Instruments Owned and Pledged as Collateral at Fair Value

127,178

52,217

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

145,266

67,805

Level II [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

109,491

90,680

Level III [Member]

Financial Instruments Owned and Pledged as Collateral at Fair Value

Corporate Bonds, Municipal Bonds And Other Debt Securities [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Corporate Bonds, Municipal Bonds And Other Debt Securities [Member] | Level II [Member]

^[1]

106,951

89,931

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Corporate Bonds, Municipal Bonds And Other Debt Securities [Member] | Level III [Member]

^[1]

106,951

89,931

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Seed Capital Investments [Member]

^[1]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Seed Capital Investments [Member] | Level I [Member]

11,690

16,337

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Seed Capital Investments [Member] | Level II [Member]

9,150

15,588

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Seed Capital Investments [Member] | Level III [Member]

2,540

749

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Mutual Funds [Member]

Mutual Funds [Member] | Level I [Member]

8,938

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Mutual Funds [Member] | Level III [Member]

8,938

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Municipal Bonds And Commercial Paper [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Cash and Cash Equivalents

$ 46,291

$ 13,438

[1]	Includes $46,291 and $13,438 of municipal bonds and commercial paper classified within Cash and Cash Equivalents on the Consolidated Statement of Financial Condition as of December 31, 2011 and 2010, respectively.

Furniture, Equipment And Leasehold Improvements (Components Of Furniture, Equipment And Leasehold Improvements) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Property, Plant and Equipment [Line Items]
Total	$ 34,927	$ 26,225
Less: Accumulated Depreciation and Amortization	(13,490)	(11,302)
Furniture, Equipment and Leasehold Improvements, Net	21,437	14,923
Depreciation and amortization expense for Furniture, Equipment and Leasehold improvements	3,431	2,380	$ 2,304
Furniture And Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	7,137	5,877
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total	19,890	13,995
Computer And Computer-Related Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	$ 7,900	$ 6,353

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

Net income (loss) from continuing operations attributable to Evercore Partners Inc.

Issuance Of Notes Payable And Warrants (Narrative) (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	Aug. 21, 2008 USD ($) $ / shares shares	Dec. 31, 2011 USD ($) days years shares	Dec. 31, 2010 shares
Issuance Of Notes Payable And Warrants [Line Items]
Principal amount of senior notes \| $	$ 120,000	$ 120,000
Principal amount of senior notes due, year	2020
Senior notes coupon interest	5.20%
Senior notes effective yield		7.94%
Maximum number of days in which senior note will be redeemable at the accreted amount \| days		90
Number of years after termination in which Senior Notes or Warrants be transferred under agreement \| years		1
Class A [Member]
Issuance Of Notes Payable And Warrants [Line Items]
Number of class A shares issued from treasury stock \| shares		31,014,265	21,497,691
Warrants [Member] \| Class A [Member]
Issuance Of Notes Payable And Warrants [Line Items]
Number of class A shares issued from treasury stock \| shares	5,455
Class A shares purchase price per share \| $ / shares	$ 22.00
Senior Notes [Member]
Issuance Of Notes Payable And Warrants [Line Items]
Long-term debt fair value senior notes \| $		$ 23,000
Event of default under the indenture accreted amount due and payable, percentage		33.33%

Issuance Of Notes Payable And Warrants (Schedule Of Future Payments Required On Senior Notes Including Principal And Interest) (Details) - Senior Notes [Member] $ in Thousands	Dec. 31, 2011 USD ($)
Issuance Of Notes Payable And Warrants [Line Items]
2012	$ 6,240
2013	6,240
2014	6,240
2015	6,240
2016	6,240
Thereafter	144,960
Total	$ 176,160

Employee Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Company contributions to Evercore Europe Plan	$ 2,094	$ 1,496	$ 1,317
Maximum [Member]
Define contribution plans annual contribution percentage by employee	50.00%
Define contribution plans additional contribution percentage by employee	10.00%
Defined contribution plans employee contribution percentage of eligible compensation matched by employer	10.00%
Minimum [Member]
Define contribution plans annual contribution percentage by employee	15.00%
Define contribution plans additional contribution percentage by employee	7.50%
Defined contribution plans employee contribution percentage of eligible compensation matched by employer	5.00%

Evercore Partners Inc. Stockholders' Equity (Details) $ in Thousands		12 Months Ended
	Jan. 31, 2012 $ / shares	Dec. 31, 2011 USD ($) $ / shares shares	Dec. 31, 2010 USD ($) $ / shares shares	Jun. 30, 2011 shares
Temporary Equity [Line Items]
Decrease to Additional Paid-In-Capital		$ 84,195	$ 69,828
Payment to the LP Unit holders of the cash tax savings, percent		85.00%
Retained percent of tax benefits		15.00%
Deferred Tax Assets-Non-Current		$ 186,689	134,161
Amounts Due Pursuant to Tax Receivable Agreements		$ 137,448	$ 97,427
Declared and paid dividends per share \| $ / shares		$ 0.74	$ 0.63
Declared and paid dividends		$ 19,346	$ 12,358
Increase in Treasury Stock		45,105	35,053
Decrease in Treasury Stock		636	13,271
Accumulated Unrealized Gain (Loss) on Marketable Securities		(1,690)
Foreign currency translation adjustment		(10,368)
Evercore LP [Member]
Temporary Equity [Line Items]
Additional Paid-In-Capital, Common Stock		4
Increase to Additional Paid-In-Capital		2,545
Class A [Member]
Temporary Equity [Line Items]
Additional Paid-In-Capital, Common Stock		54	29
Increase to Additional Paid-In-Capital		$ 167,880	$ 77,573
Common stock, shares issued \| shares		31,014,265	21,497,691
Declared and paid dividends per share \| $ / shares	$ 0.20
Shares purchased for the net settlement of share-based compensation awards \| shares		1,587,000	436,000
Class A [Member] \| Lexicon [Member]
Temporary Equity [Line Items]
Common stock, shares issued \| shares		28,000
Offering [Member]
Temporary Equity [Line Items]
Increase to Additional Paid-In-Capital		$ 7,122	$ 5,544
Common stock, shares issued \| shares		5,365	2,954	5,365
Deferred Tax Assets-Non-Current		$ 47,481	$ 36,959
Amounts Due Pursuant to Tax Receivable Agreements		40,360	31,415
Class A Common Stock [Member] \| Evercore LP [Member]
Temporary Equity [Line Items]
Increase to Additional Paid-In-Capital			1
Additional Paid-In Capital [Member] \| Evercore LP [Member]
Temporary Equity [Line Items]
Increase to Additional Paid-In-Capital			554
Deferred Tax Assets-Non-Current		$ 7,264	$ 4,668
Shares Issued Acquisitions And Investments [Member]
Temporary Equity [Line Items]
Common stock, shares issued \| shares			582,000
Maximum [Member]
Temporary Equity [Line Items]
Treasury stock acquired, market value per share \| $ / shares		36.41	36.97
Minimum [Member]
Temporary Equity [Line Items]
Treasury stock acquired, market value per share \| $ / shares		15.76	23.31
Repurchase Program [Member] \| Class A [Member]
Temporary Equity [Line Items]
Shares purchased for the net settlement of share-based compensation awards \| shares			850,000
Repurchase Program [Member] \| Maximum [Member]
Temporary Equity [Line Items]
Treasury stock acquired, market value per share \| $ / shares			30.00
Repurchase Program [Member] \| Minimum [Member]
Temporary Equity [Line Items]
Treasury stock acquired, market value per share \| $ / shares			23.72
LP Units [Member]
Temporary Equity [Line Items]
Units gifted by employees \| shares		423,000	77,000

Noncontrolling Interest (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Feb. 28, 2010 shares	Feb. 11, 2010 shares
Noncontrolling Interest [Line Items]
Issued LP Units \| shares			500	500
LP units exchangeable on one-for-one basis or redeemed for cash	$ 16,500
LP units convertible conversion ratio	1
Fair value of the LP Units exchanged	$ 16,090
Redemption value accretion	84	$ 74
Minimum redemption value over the five-year period	16,500
Fair value of Redeemable Noncontrolling Interest	$ 5,300	$ 9,242
Evercore LP [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest	22.00%
PCB [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest	28.00%
EWM [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest	49.00%
AS [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest	34.00%
Institutional Equities [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest	35.00%
ETC [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest	14.00%

Noncontrolling Interest (Changes In Noncontrolling Interest) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Noncontrolling Interest [Line Items]
Beginning balance				$ 66,542					$ 66,542
Operating income	$ (1,831)	$ 536	$ 3,274	4,110	$ 1,610	$ 6,023	$ (1,330)	$ 4,352	6,089	$ 10,655	$ 3,509
Evercore LP Units Purchased or Converted into Class A Common Stock									(79,528)	(68,895)	(62,808)
Distributions to Noncontrolling Interests									(19,087)	(19,513)	(19,741)
Issuance of noncontrolling interest in IE									1,009	4,381	17,395
Ending balance	58,162				66,542				58,162	66,542
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Beginning balance				$ 66,542				$ 29,361	66,542	29,361	15,978
Operating income									3,579	8,851	1,816
Other comprehensive income (loss)									(2,218)	(754)	4,546
Total comprehensive income									1,361	8,097	6,362
Evercore LP Units Purchased or Converted into Class A Common Stock									(12,268)	(9,834)	(5,623)
Issuance and sale of LP Units											15,000
Amortization and Vesting of LP Units									21,057	20,059	8,552
Distributions to Noncontrolling Interests									(19,087)	(19,513)	(19,741)
Issuance of noncontrolling interest in IE									917	4,381
Other									(360)	852	1,061
Total other items									(9,741)	29,084	7,021
Ending balance	$ 58,162				$ 66,542				$ 58,162	66,542	29,361
EAM [Member] \| Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Fair value of noncontrolling interest											5,068
ETC [Member] \| Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Fair value of noncontrolling interest											$ 2,704
AS [Member] \| Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Fair value of noncontrolling interest										$ 33,139

Net Income (Loss) Per Share Attributable To Evercore Partners Inc. Common Shareholders (Schedule Of Basic And Diluted Net Income (Loss) Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Net Income Per Share [Line Items]

$ 7,918

$ 9,471

$ (1,146)

Associated accretion of redemption price of noncontrolling interest in Trilantic (See Note 15)

(84)

(74)

Net income (loss) from continuing operations attributable to Evercore Partners Inc. common shareholders

7,834

9,397

(1,146)

Net income (loss) from discontinued operations attributable to Evercore Partners Inc. common shareholders

$ (653)

$ (198)

$ (85)

$ (30)

$ (232)

$ (280)

$ (6)

$ 1

(966)

(517)

(424)

Net income (loss) attributable to Evercore Partners Inc. common shareholders

$ 6,868

$ 8,880

$ (1,570)

Weighted average shares of Class A common stock outstanding, including vested restricted stock units ("RSUs")

26,019,000

19,655,000

15,545,000

Basic net income (loss) per share from continuing operations attributable to Evercore Partners Inc. common shareholders

$ 0.06

$ 0.09

$ 0.16

$ 0.19

$ 0.01

$ 0.11

$ 0.30

$ 0.47

$ (0.07)

Basic net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders

$ (0.02)

(0.01)

(0.04)

(0.02)

(0.03)

Basic net income (loss) per share attributable to Evercore Partners Inc. common shareholders

(0.02)

0.06

0.09

0.16

0.15

0.18

$ 0.01

0.11

$ 0.26

$ 0.45

$ (0.10)

Noncontrolling Interest related to the assumed exchange of LP Units for Class A common shares

^[1]

Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above

^[1]

Diluted net income (loss) from continuing operations available for Class A common shareholders

7,834

9,397

(1,146)

Diluted net income (loss) from discontinued operations available for Class A common shareholders

$ 6,868

$ 8,880

$ (1,570)

Assumed exchange of LP Units for Class A common shares

^[1]

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

1,903

1,892

^[2]

Assumed conversion of Warrants issued

1,475

1,421

^[3]

Diluted weighted average shares of Class A common stock outstanding

29,397,000

22,968,000

15,545,000

Diluted net income (loss) per share from continuing operations attributable to Evercore Partners Inc. common shareholders

0.06

0.08

0.14

0.18

0.09

$ 0.27

$ 0.41

$ (0.07)

Diluted net income (loss) per share from discontinued operations attributable to Evercore Partners Inc. common shareholders

(0.02)

(0.01)

(0.04)

(0.02)

(0.03)

Diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders

$ (0.02)

$ 0.06

$ 0.08

$ 0.14

$ 0.13

$ 0.17

$ 0.09

$ 0.23

$ 0.39

$ (0.10)

Antidilutive securities excluded from computation of earnings per share

10,356

13,724

14,467

Non Vested Restricted Stock [Member]

Net Income Per Share [Line Items]

Antidilutive securities excluded from computation of earnings per share

1,877

Warrant [Member]

Net Income Per Share [Line Items]

Antidilutive securities excluded from computation of earnings per share

5,455

[1]	During the years ended December 31, 2011, 2010 and 2009, the LP Units (which represent the right to receive Class A Shares upon exchange) were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders. The units that would have been included in the computation of diluted net income (loss) per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 10,356, 13,724 and 14,467 for the years ended December 31, 2011, 2010 and 2009, respectively.
[2]	During the year ended December 31, 2009, the additional shares of the Company's common stock assumed to be issued pursuant to non-vested restricted stock and RSUs as calculated using the Treasury Stock Method were antidilutive and consequently the additional shares have been excluded from the calculation of diluted net loss per share attributable to Evercore Partners Inc. common shareholders. The additional shares that would have been included in the computation of diluted net loss per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 1,877 for the year ended December 31, 2009. Antidilution is the result of the Company having a loss for the year ended December 31, 2009.
[3]	For the year ended December 31, 2009, the Warrants were antidilutive and consequently the additional shares have been excluded from the calculation of diluted net income per share attributable to Evercore Partners Inc. common shareholders. The additional shares that would have been included in the computation of diluted net income per share attributable to Evercore Partners Inc. common shareholders if the effect would have been dilutive were 5,455 for the year ended December 31, 2009, reduced for the impact of the Treasury Stock Method, if applicable. ASC 260, "Earnings per Share," requires that the dilutive effect of warrants with multiple conversion alternatives be determined based on the alternative which is most advantageous to the holder of the exchangeable Senior Notes and Warrants. This will generally occur when the market value of the Company's stock exceeds the exercise price of the Warrants, requiring dilution to be determined using the Treasury Stock Method. In certain limited circumstances the dilutive effect of conversion would be calculated using the If-Converted Method.

Share-Based And Other Deferred Compensation (LP Units, Acquisition-Related, 2006 Stock Incentive Plan, IPO Event-Based Awards, Deferred Cash Program) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($) months years shares	Dec. 31, 2010 USD ($) shares	Dec. 31, 2009 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Lp Units Convertible Conversion Ratio	1
LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested LP units \| shares	13,548
Unvested units \| shares	9,589
Lp Units Convertible Conversion Ratio	1
Amortization of LP Units \| $	$ 22,189	$ 20,060	$ 8,552
Total compensation expense \| $	$ 40,297
Weighted-average period over which the compensation cost is expected to recognize, in months \| months	24
Acquisition-Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Acquisition related awards vested \| shares
Acquisition related awards unvested \| shares	1,911
Amortization of acquisition related awards \| $	$ 6,621
Amortization of acquisition related deferred cash consideration \| $	$ 2,455
Forfeited event units \| shares
2006 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Plan shares remaining \| shares	7,434	9,549
IPO Event-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Of Event Based Awards \| shares	594	2
Unvested Event Based Awards \| shares		633
Expense Related To Vesting Of Event Based Awards \| $		$ 38
Event Based Awards Forfeited \| shares	(27)	(50)
Deferred Cash Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense \| $	$ 6,982
Weighted-average period over which the compensation cost is expected to recognize, in months \| months	38
Deferred cash consideration \| $	$ 9,153
Compensation expense related to deferred compensation program \| $	$ 1,938
Deferred compensation, vesting period, years	4
Unvested Acquisition-Related Equity Awards [Member] \| Acquisition-Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense \| $	$ 47,826
Weighted-average period over which the compensation cost is expected to recognize, in months \| months	20
Compensation expense related to deferred compensation program \| $	$ 1,365
Deferred compensation, vesting period, in months \| months	42
Unvested Acquisition-Related Equity Awards [Member] \| Acquisition-Related [Member] \| Lexicon [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense Related To Acquisition Related Deferred Compensation \| $	$ 413
Grant Of Acquisition Related Deferred Compensation \| $	$ 1,892
Deferred compensation, vesting period, in months \| years	2
Class A [Member] \| 2006 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Authorized Under Plan \| shares	20,000
Class A [Member] \| IPO Event-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested units \| shares	546
Total compensation expense \| $	$ 11,467
Class A [Member] \| Restricted Stock [Member] \| Acquisition-Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Acquisition Related Share Issuance \| shares	1,883
Class A [Member] \| RSUs [Member] \| IPO Event-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Original Grant Of Event Based Awards \| shares	2,286
RSUs convertible into Class A common Stock ratio	1

Share-Based And Other Deferred Compensation (Equity Grants, Other) (Details) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Sep. 30, 2010 employees	Dec. 31, 2011 USD ($) months years $ / shares employees shares	Dec. 31, 2010 USD ($) $ / shares shares	Dec. 31, 2009 USD ($) days years $ / shares shares
Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested units		3,077
Forfeited event units		121
Unvested units		8,351	9,437
Grant date fair value \| $		$ 188,051	$ 186,770
Other [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Income tax benefit related to share-based compensation arrangements \| $		19,423	$ 9,392	$ 5,290
Incremental Compensation Expense From Modifications \| $		4,261
Special charges relating to cancellation of RSUs \| $		$ 20,129
Number of RSUs cancelled		988
Special charges relating to cancellation of RSUs in employee compensation \| $		$ 2,741
Number of RSUs cancelled in employee compensation		311
Unvested RSUs granted		2,400,000
Deferred cash awards granted \| $		$ 3,900
Awards, vesting period, in years \| years		4
Number of employees with modified equity based compensation awards \| employees		4
2011 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested units		1,552
Forfeited event units		76
Compensation expense related to Service-based Award \| $		$ 47,299
Share based awards reclassified from additional paid-in-capital to other current liabilities \| $		2,828
Total compensation cost not yet recognized \| $		$ 82,718
Weighted-average period over which the compensation cost is expected to recognize, in months \| months		23
2010 Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of company executives substantially ceasing active services to the company \| employees	1
2010 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested units			1,457
Forfeited event units			32
Compensation expense related to Service-based Award \| $			$ 35,347
2009 Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of groups in which restricted stock units are segregated		5
2009 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense related to Service-based Award \| $				28,078
Total compensation cost not yet recognized \| $		$ 1,816	$ 1,816	1,120
Grant date fair value \| $				$ 538
Share based awards satisfied market conditions		180	0	540
RSUs [Member] \| 2011 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period		2,273
Vested units		37
Unvested units		97
RSUs [Member] \| 2010 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period			1,474
Unvested units			275
Share based awards reclassified from additional paid-in-capital to other current liabilities \| $			$ 2,686
Total compensation cost not yet recognized \| $			352
Grant date fair value \| $			$ 3,226
Terms of Service-based Awards amended			97
RSUs [Member] \| 2009 Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of awards segregated				180
Minimum number of days for vesting \| days				20
Number of years of requirement \| years				5
RSUs [Member] \| 2009 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period				900
Service-Based Awards [Member] \| 2009 Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period				2,663
Maximum [Member] \| 2011 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service based awards, grant date fair value \| $ / shares		$ 36.41
Maximum [Member] \| 2010 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service based awards, grant date fair value \| $ / shares			$ 35.79
Maximum [Member] \| 2009 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service based awards, grant date fair value \| $ / shares				$ 33.52
Minimum [Member] \| 2011 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service based awards, grant date fair value \| $ / shares		$ 21.93
Minimum [Member] \| 2010 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service based awards, grant date fair value \| $ / shares			$ 23.31
Minimum [Member] \| 2009 Equity Grants [Member] \| Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service based awards, grant date fair value \| $ / shares				$ 11.73

Share-Based And Other Deferred Compensation (Summary Of Activity Related To Share-Based Payment Awards) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($) shares
Acquisition-Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Balance at January 1, 2011, Number of Shares \| shares
Granted, Number of Shares \| shares	1,911
Modified, Number of Shares \| shares
Unvested Balance at December 31, 2011, Number of Shares \| shares
Unvested Balance at January 1, 2011, Grant Date Weighted Average Fair Value
Granted, Grant Date Weighted Average Fair Value	43,537
Modified, Grant Date Weighted Average Fair Value
Forfeited, Grant Date Weighted Average Fair Value
Vested, Grant Date Weighted Average Fair Value
Unvested Balance at December 31, 2011, Grant Date Weighted Average Fair Value	$ 43,537
IPO Event-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares \| shares
Modified, Number of Shares \| shares
Unvested Balance at December 31, 2011, Number of Shares \| shares	12
Unvested Balance at January 1, 2011, Grant Date Weighted Average Fair Value	$ 13,034
Granted, Grant Date Weighted Average Fair Value
Modified, Grant Date Weighted Average Fair Value
Forfeited, Grant Date Weighted Average Fair Value	(567)
Vested, Grant Date Weighted Average Fair Value	(12,265)
Unvested Balance at December 31, 2011, Grant Date Weighted Average Fair Value	$ 202
Equity Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Balance at January 1, 2011, Number of Shares \| shares	9,437
Granted, Number of Shares \| shares	2,209
Modified, Number of Shares \| shares	(97)
Forfeited, Number of Shares \| shares	(121)
Vested, Number of Shares \| shares	(3,077)
Unvested Balance at December 31, 2011, Number of Shares \| shares	8,351
Unvested Balance at January 1, 2011, Grant Date Weighted Average Fair Value	$ 186,770
Granted, Grant Date Weighted Average Fair Value	70,225
Modified, Grant Date Weighted Average Fair Value	(527)
Forfeited, Grant Date Weighted Average Fair Value	(2,778)
Vested, Grant Date Weighted Average Fair Value	(65,639)
Unvested Balance at December 31, 2011, Grant Date Weighted Average Fair Value	$ 188,051

Commitments And Contingencies (Narrative) (Details)	12 Months Ended
Commitments And Contingencies (Narrative) (Details)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($) years	Dec. 31, 2009 USD ($)	Feb. 28, 2010 shares	Feb. 11, 2010 shares
Commitments And Contingencies [Line Items]
Other assets	$ 11,718,000	$ 8,972,000
Increase of annual base rental payments of office space	2,200
Minimum term of contracts \| years		1
Maximum term of contracts \| years		3
Aggregate minimum annual payments		$ 500,000
Cancellation fees		820,000
Contractual obligations related to the Tax Receivable Agreements	143,660,000
Issue of restricted share equivalents \| shares				500	500
LP units exchangeable on one-for-one basis or redeemed for cash	16,500,000
Line of credit intra-day facility	$ 7,200,000
Basis points	10.00%
Percentage commitment of total capital commitments	2.50%
Remaining Commitment To Be Paid	$ 5,409,000
Other Commitments [Member]
Commitments And Contingencies [Line Items]
Unfunded commitments for capital contributions	5,782,000
Increase In Amounts Due Pursuant To Tax Receivable Agreements	137,448,000
Payment to the counterparties to the Tax Receivable Agreement, within one year or less	6,217,000
Payment to the counterparties to the Tax Receivable Agreement, one to three years	21,650,000
Payment to the counterparties to the Tax Receivable Agreement, three to five years	24,078,000
Payment to the counterparties to the Tax Receivable Agreement, after five years	91,715,000
EGL [Member]
Commitments And Contingencies [Line Items]
Minimum commitment in member's equity fund	50,000,000
Trilantic [Member]
Commitments And Contingencies [Line Items]
Minimum commitment in equity fund	$ 50,000,000
Operating Leases [Member]
Commitments And Contingencies [Line Items]
Lease expiration date	2023
Rental expense relating to operating leases	$ 16,136,000	12,977,000	$ 8,967,000
Office Equipment [Member]
Commitments And Contingencies [Line Items]
Rental expense relating to operating leases	510,000	$ 593,000	$ 511,000
Letters Of Credit [Member]
Commitments And Contingencies [Line Items]
Other assets	$ 5,000,000

Commitments And Contingencies (Aggregate Minimum Future Payments Required On Operating Leases) (Details)	Dec. 31, 2011 USD ($)
Commitments And Contingencies [Abstract]
2012	$ 21,158
2013	19,943
2014	18,461
2015	18,228
2016	18,705
Thereafter	105,519
Total	$ 202,014

Regulatory Authorities (Details) $ in Thousands	12 Months Ended
Regulatory Authorities (Details) $ in Thousands	Dec. 31, 2011 USD ($) days	Dec. 31, 2010 USD ($)
Regulatory Authorities [Line Items]
Maintenance of net capital, of aggregate indebtedness, percent	6.67%
Maintenance of net capital	$ 100
ETC [Member]
Regulatory Authorities [Line Items]
Tier 1 capital	5,000
Minimum liquid assets, amount	$ 3,500
Days coverage of operating expenses, threshold \| days	90
Collateral held in a segregated account at a third-party depository institution, threshold	$ 10,000
EGL [Member]
Regulatory Authorities [Line Items]
Maintenance of net capital	67,893	$ 62,583
Regulatory net capital exceeding minimum net capital requirement	$ 66,726	$ 60,738

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010	Jun. 30, 2011
Income Tax Contingency [Line Items]
Taxes Payable	$ 5,159	$ 404
Payment to the LP Unit holders of the cash tax savings, percent	85.00%
Retained percent of tax benefits	15.00%
Deferred Tax Assets-Non-Current	$ 186,689	134,161
Amounts Due Pursuant to Tax Receivable Agreements	137,448	97,427
Additionally, increase in net deferred tax assets, before valuation allowance	7,387
Increase in deferred tax assets associated with changes in Accumulated Comprehensive Income (Loss)	3,046	419
Associated deferred tax assets	(342)	197
Valuation allowance	8,211	8,553
Net operating loss and tax credit carryforwards	4,168	27,109
Unrecognized tax benefits that would affect the effective tax rate	1,085	1,981
Unrecognized tax benefits accrued interest	136	199
Unrecognized tax benefits, recognized liability for penalties	255	561
Unrecognized tax benefits, recognized liability for interest	387	717
Unrecognized tax benefits accrued penalties		0
Amount decrease due to lapse of statute of limitation	(1,001)	$ (716)
Brazilian Subsidiary [Member]
Income Tax Contingency [Line Items]
Undistributed earnings of foreign subsidiaries	$ 1,311
Offering [Member]
Income Tax Contingency [Line Items]
Common stock, shares issued	5,365	2,954	5,365
Deferred Tax Assets-Non-Current	$ 47,481	$ 36,959
Amounts Due Pursuant to Tax Receivable Agreements	40,360	31,415
Increase to Additional Paid-In-Capital	$ 7,122	$ 5,544

Income Taxes (Schedule Of U.S. And Non-U.S Components Of Income (Loss) Before Income Tax Expense) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Income Tax Contingency [Line Items]

Income before Income Tax Expense

^[1]

$ 30,642

$ 25,648

$ 18,533

U.S [Member]

Income Tax Contingency [Line Items]

Income before Income Tax Expense

37,681

30,091

35,442

Non-U.S. [Member]

Income Tax Contingency [Line Items]

Income before Income Tax Expense

$ (7,039)

$ (4,443)

$ (16,909)

[1]	From continuing operations, net of Noncontrolling Interest.

Income Taxes (Schedule Of Components Of Provision For Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Income Taxes [Abstract]
Provision for income taxes, Current Federal									$ 2,367	$ 10,054	$ 7,777
Provision for income taxes, Current Foreign									4,447	931	1,460
Provision for income taxes, Current State and Local									4,942	2,256	4,591
Provision for income taxes, Total Current									11,756	13,241	13,828
Provision for income taxes, Deferred Federal									11,368	3,115	2,160
Provision for income taxes, Deferred Foreign									(1,129)	(340)	2,999
Provision for income taxes, Deferred State and Local									729	161	692
Provision for income taxes, Total Deferred									10,968	2,936	5,851
Provision for income taxes, Total	$ 1,080	$ 11,144	$ 6,064	$ 4,436	$ 4,413	$ 8,476	$ (1,551)	$ 4,839	$ 22,724	$ 16,177	$ 19,679

Income Taxes (Schedule Of Reconciliation Between Statutory Federal Income Tax Rate And Company's Effective Tax Rate) (Details)

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Income Taxes [Abstract]

U.S. Statutory Tax Rate

35.00%

Increase (Decrease) Due to State and Local Taxes

13.10%

7.10%

22.80%

Rate Benefits as a Limited Liability Company/Flow Through

(5.70%)

(10.20%)

(15.60%)

Foreign Taxes

4.30%

0.10%

(16.60%)

Non-Deductible Expenses

^[1]

17.10%

12.20%

28.70%

Valuation Allowances

(0.90%)

0.70%

34.00%

Other Adjustments

(1.00%)

(0.30%)

1.00%

Effective Income Tax Rate

61.90%

44.60%

89.30%

[1]	Primarily related to non-deductible share-based compensation expense.

Income Taxes (Schedule Of Company's Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Income Taxes [Abstract]
Current Deferred Tax Assets, Step up in tax basis due to the exchange of LP Units for Class A Shares	$ 8,621	$ 5,092
Total Current Deferred Tax Asset	8,621	5,092
Long-term Deferred Tax Assets, Depreciation and Amortization	13,180	5,793
Long-term Deferred Tax Assets, Compensation and Benefits	23,002	28,631
Long-term Deferred Tax Liabilities, Step up in tax basis due to the exchange of LP Units for Class A Shares	154,574	110,228
Long-term Deferred Tax Assets, Other	15,859	8,056
Total Long-term Deferred Tax Assets	206,615	152,708
Long-term Deferred Tax Liabilities, Goodwill and Investments	11,715	9,994
Total Long-term Deferred Tax Liabilities	11,715	9,994
Net Long-term Deferred Tax Assets Before Valuation Allowance	194,900	142,714
Valuation Allowance	(8,211)	(8,553)
Net Long-term Deferred Tax Assets	$ 186,689	$ 134,161

Income Taxes (Schedule Of Reconciliation Of Changes In Tax Positions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Income Taxes [Abstract]
Beginning unrecognized tax benefit	$ 2,012	$ 2,728	$ 1,717
Additions for tax positions of prior years	98		1,011
Reductions for tax positions of prior years
Lapse of Statute of Limitations	(1,001)	(716)
Ending unrecognized tax benefit	$ 1,109	$ 2,012	$ 2,728

Concentrations Of Credit Risk (Details) $ in Thousands	12 Months Ended
Concentrations Of Credit Risk (Details) $ in Thousands	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2009 USD ($)
Concentrations Of Credit Risk [Abstract]
Securities purchased under agreements to resell	$ 2,146	$ 126,401
Market value of collateral received	2,143	126,386
Securities sold under agreements to repurchase	129,577	178,683
Market value of collateral pledged	(129,809)	(178,603)
Total receivables	52,060	49,625
Bad debt expense	$ 1,558	1,008	$ 444
Investment banking and investment management receivables collection periods (in days)	90
Collection period for restructuring transactions and private equity fee receivables (in days)	90
Marketable Securities	$ 81,288	$ 92,830
Percentage of marketable securities related to corporate and municipal bonds and other debt securities	75.00%
Percentage of marketable securities related to seed capital investments and mutual funds	25.00%

Segment Operating Results (Information Provides A Reasonable Representation Of Each Segment's Contribution) (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

$ 112,781

$ 163,181

$ 141,204

$ 107,098

$ 101,452

$ 123,025

$ 64,319

$ 87,109

$ 524,264

^[1]

$ 375,905

^[1]

$ 312,417

^[1]

Operating Expenses

427,155

316,016

256,632

Income Before Income (Loss) from Equity Method Investments and Income Taxes

^[2]

61,297

23,029

32,337

(1,009)

13,442

11,615

11,764

9,658

18,440

(2,628)

11,390

35,812

36,860

23,448

255

195

400

(116)

(131)

(130)

(180)

919

(557)

(1,406)

Identifiable Segment Assets

(754)

$ 13,637

$ 11,684

$ 12,164

9,542

$ 18,309

$ (2,758)

$ 11,210

36,731

36,303

22,042

1,043,592

898,085

1,043,592

898,085

891,160

Investment Banking [Member]

^[1]

428,124

301,847

292,634

Operating Expenses

337,886

240,312

204,399

Income Before Income (Loss) from Equity Method Investments and Income Taxes

^[2]

55,591

19,408

17,728

34,647

42,127

70,507

1,101

Identifiable Segment Assets

35,748

42,143

70,507

530,008

370,329

530,008

370,329

377,303

Investment Management [Member]

^[1]

96,140

74,058

19,783

Operating Expenses

89,269

75,704

52,233

Income Before Income (Loss) from Equity Method Investments and Income Taxes

^[2]

5,706

3,621

14,609

1,165

(5,267)

(47,059)

(182)

(573)

(1,406)

Identifiable Segment Assets

983

(5,840)

(48,465)

$ 513,584

$ 527,756

$ 513,584

$ 527,756

$ 513,857

[1]	Net revenues include Other Revenue, net, allocated to the segments as follows:
[2]	Other Expenses are as follows:

Segment Operating Results (Reconciliation Of Other Revenue From Segments To Consolidated) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Investment Banking [Member]

Total Other Revenue, net

$ (5,494)

$ (636)

$ (2,058)

Investment Management [Member]

Total Other Revenue, net

^[1]

(2,473)

(84)

(677)

Senior Notes [Member] | Investment Banking [Member]

Total Other Revenue, net

^[2]

(3,021)

(552)

(1,381)

Interest expense on senior notes investment banking

4,238

4,169

2,742

Senior Notes [Member] | Investment Management [Member]

Interest expense on senior notes investment banking

$ 3,579

$ 3,525

$ 4,853

[1]	Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $4,238, $4,169, and $2,742 for the years ended December 31, 2011, 2010 and 2009, respectively.
[2]	Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $3,579, $3,525 and $4,853 for the years ended December 31, 2011, 2010 and 2009, respectively.

Segment Operating Results (Other Expenses) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Acquisition and Transition Costs

$ 3,465

$ 3,399

$ 712

Total Other Expenses

^[1]

61,297

23,029

32,337

Investment Banking [Member]

Amortization of LP Units and Certain Other Awards

21,328

17,532

7,910

Vesting of Event-based Awards

8,906

14,618

Special Charges

3,894

7,942

Intangible Asset Amortization

6,845

1,876

Total Other Expenses

^[1]

55,591

19,408

17,728

Investment Management [Member]

Amortization of LP Units and Certain Other Awards

2,892

3,289

1,490

Vesting of Event-based Awards

2,483

Special Charges

12,187

Intangible Asset Amortization

331

332

220

Acquisition and Transition Costs

712

Total Other Expenses

^[1]

$ 5,706

$ 3,621

$ 14,609

[1]	Other Expenses are as follows:

Segment Operating Results (Geographic Information) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

^[1]

$ 529,758

$ 376,541

$ 314,475

United States [Member]

Europe And Other [Member]

^[1]

387,063

290,693

256,104

^[1]

112,049

60,605

36,078

Latin America [Member]

^[1]

$ 30,646

$ 25,243

$ 22,293

[1]	Excludes Other Revenue and Interest Expense.

Evercore Partners Inc. (Parent Company Only) Financial Statements (Condensed Statements Of Financial Condition) (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2011	Aug. 19, 2011	Dec. 31, 2010	Dec. 31, 2009
Assets Abstract
Other Assets	$ 11,718		$ 8,972
Total Assets	1,043,592		898,085	$ 891,160
Liabilities and Equity
Amounts Due Pursuant to Tax Receivable Agreements	137,448		97,427
Long-term Debt-Notes Payable	99,664		98,082
Total Liabilities	555,499		505,438
Additional Paid-In-Capital	575,122		400,719
Accumulated Other Comprehensive Income (Loss)	(12,058)		(4,193)
Retained Earnings (Deficit)	(76,703)		(61,504)
Treasury Stock at Cost (3,072,958 and 1,514,045 shares at December 31, 2011 and 2010, respectively)	(79,007)		(34,538)
Total Evercore Partners Inc. Stockholders' Equity	407,664		300,699
Total Liabilities and Equity	$ 1,043,592		$ 898,085
Treasury Stock at Cost, shares	3,072,958		1,514,045
Parent Company [Member]
Assets Abstract
Equity Investment in Subsidiary	$ 452,027		$ 362,888
Deferred Tax Asset	188,256		134,893
Other Assets	14,310		4,516
Total Assets	654,593		502,297
Liabilities and Equity
Payable to Related Party	6,217		3,983
Amounts Due Pursuant to Tax Receivable Agreements	137,448		97,427
Long-term Debt-Notes Payable	99,664		98,082
Other Liabilities	3,600		2,106
Total Liabilities	246,929		201,598
Additional Paid-In-Capital	575,122		400,719
Accumulated Other Comprehensive Income (Loss)	(12,058)		(4,193)
Retained Earnings (Deficit)	(76,703)		(61,504)
Treasury Stock at Cost (3,072,958 and 1,514,045 shares at December 31, 2011 and 2010, respectively)	(79,007)		(34,538)
Total Evercore Partners Inc. Stockholders' Equity	407,664		300,699
Total Liabilities and Equity	$ 654,593		$ 502,297
Treasury Stock at Cost, shares	3,072,958		1,514,045
Class A [Member]
Liabilities and Equity
Common Stock	$ 310		$ 215
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	1,000,000,000		1,000,000,000
Common Stock, shares issued	31,014,265		21,497,691
Common Stock, shares outstanding	27,941,307		19,983,646
Class A [Member] \| Parent Company [Member]
Liabilities and Equity
Common Stock	$ 310		$ 215
Common Stock, par value	$ 0.01		$ 0.01
Common Stock, shares authorized	1,000,000,000		1,000,000,000
Common Stock, shares issued	31,014,265		21,497,691
Common Stock, shares outstanding	27,941,307		19,983,646
Class B [Member]
Liabilities and Equity
Common Stock
Common Stock, par value	$ 0.01		$ 0.01
Common Stock, shares authorized	1,000,000		1,000,000
Common Stock, shares issued	47		48
Common Stock, shares outstanding	47		48
Class B [Member] \| Parent Company [Member]
Liabilities and Equity
Common Stock, par value	$ 0.01		$ 0.01
Common Stock, shares authorized	1,000,000		1,000,000
Common Stock, shares issued	47		48
Common Stock, shares outstanding	48		47

Evercore Partners Inc. (Parent Company Only) Financial Statements (Condensed Statements Of Operations) (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Revenues

TOTAL REVENUES

$ 543,655

$ 398,746

$ 336,686

Interest Expense

19,391

22,841

24,269

NET REVENUES

$ 112,781

$ 163,181

$ 141,204

$ 107,098

$ 101,452

$ 123,025

$ 64,319

$ 87,109

524,264

^[1]

375,905

^[1]

312,417

^[1]

Expenses

TOTAL EXPENSES

113,790

149,739

129,589

95,334

91,794

104,585

66,947

75,719

488,452

339,045

288,969

Equity in Income of Subsidiary

1,080

11,144

6,064

4,436

4,413

8,476

(1,551)

4,839

22,724

16,177

19,679

Net Income (Loss)

$ (2,487)

$ 2,295

$ 5,535

$ 7,698

$ 4,897

$ 9,553

$ (1,213)

$ 6,372

13,041

19,609

1,939

Parent Company [Member]

Revenues

Interest Income

7,817

7,693

7,594

TOTAL REVENUES

7,817

7,693

7,594

Interest Expense

7,817

7,693

7,594

NET REVENUES

Expenses

TOTAL EXPENSES

OPERATING INCOME

21,083

20,618

9,212

Supplemental Financial Information [Abstract]

14,131

11,664

10,782

Net Income (Loss)

$ 6,952

$ 8,954

$ (1,570)

[1]	Net revenues include Other Revenue, net, allocated to the segments as follows:

Evercore Partners Inc. (Parent Company Only) Financial Statements (Condensed Statements Of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Sep. 30, 2010	Jun. 30, 2010	Mar. 31, 2010	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Cash Flows From Operating Activities
Net Income (Loss)	$ (2,487)	$ 2,295	$ 5,535	$ 7,698	$ 4,897	$ 9,553	$ (1,213)	$ 6,372	$ 13,041	$ 19,609	$ 1,939
Increase (Decrease) in Operating Assets [Abstract]
Other Assets									(144)	(1,138)	(4,952)
Increase (Decrease) in Operating Liabilities [Abstract]
Taxes Payable									(1,777)	380	(2,333)
Other Long-term Liabilities									(8,739)	(1,872)	(2,474)
Net Cash Used in Operating Activities									147,836	44,995	88,101
Cash Flows From Investing Activities
Cash Paid for Acquisitions, net of cash acquired									(30,397)	(70,481)	(9,382)
Net Cash Provided by (Used in) Investing Activities									(77,344)	(43,866)	(42,680)
Cash Flows From Financing Activities
Proceeds from Equity Offering									168,140	77,185	70,761
Foreign Currency Translation									(3,843)	349	239
Dividends									19,346	12,358	8,217
Net Cash (Used in) Provided by Financing Activities									(25,081)	(66,823)	(14,880)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS									41,568	(65,345)	30,780
Cash and Cash Equivalents-Beginning of Period				141,337				206,682	141,337	206,682	175,902
Cash and Cash Equivalents-End of Period	182,905				141,337				182,905	141,337	206,682
Parent Company [Member]
Cash Flows From Operating Activities
Net Income (Loss)									6,952	8,954	(1,570)
Undistributed Income of Subsidiary									(21,083)	(20,618)	(9,729)
Accretion on Long-term Debt									1,582	1,464	1,355
Increase (Decrease) in Operating Assets [Abstract]
Other Assets									12,105	(1,324)	2,138
Increase (Decrease) in Operating Liabilities [Abstract]
Payable to Uncombined Affiliates									957
Taxes Payable
Other Long-term Liabilities									(574)
Net Cash Used in Operating Activities									(61)	(11,524)	(7,806)
Cash Flows From Investing Activities
Cash Paid for Acquisitions, net of cash acquired									(30,397)
Investment in Subsidiary									(22,994)	23,760	13,263
Net Cash Provided by (Used in) Investing Activities									(53,391)	23,760	13,263
Cash Flows From Financing Activities
Net Proceeds from Follow-On Offerings											4,683
Proceeds from Equity Offering									168,140	77,185	70,761
Purchase of Evercore LP Units									(95,342)	(76,763)	(70,761)
Foreign Currency Translation										(300)	(446)
Dividends									(19,346)	(12,358)	(8,217)
ASC 740 Adjustment											(1,477)
Net Cash (Used in) Provided by Financing Activities									53,452	(12,236)	(5,457)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
Cash and Cash Equivalents-Beginning of Period
Cash and Cash Equivalents-End of Period

Evercore Partners Inc. (Parent Company Only) Financial Statements (Notes To Condensed Financial Statements) (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	Jan. 31, 2012 $ / shares	Dec. 31, 2011 USD ($) $ / shares shares	Dec. 31, 2010 USD ($) $ / shares shares	Aug. 19, 2011 $ / shares	Jun. 30, 2011 shares
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Increase in Treasury Stock		$ 45,105	$ 35,053
Decrease in Treasury Stock		$ 636	$ 13,271
Declared and paid dividends per share \| $ / shares		$ 0.74	$ 0.63
Declared and paid dividends		$ 19,346	$ 12,358
Contractual obligations related to the Tax Receivable Agreements		143,660
Contractual obligations related to senior notes		176,160
Payment to the senior notes to the tax receivable agreement, within one year or less		6,240
Payment to the senior notes to the tax receivable agreement, one to three years		12,480
Payment to the senior notes to the tax receivable agreement three to five years		12,480
Payment to the senior notes to the tax receivable agreement, after five years		144,960
Parent Company [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Increase in Treasury Stock		45,105
Decrease in Treasury Stock		$ 636
Declared and paid dividends per share \| $ / shares		$ 0.74
Declared and paid dividends		$ 19,346
Class A [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Common stock, shares authorized \| shares		1,000,000,000	1,000,000,000
Common stock, par value \| $ / shares		$ 0.01	$ 0.01	$ 0.01
Number of class A shares issued from treasury stock \| shares		31,014,265	21,497,691
Share-based Compensation Arrangement by Share-based Payment Award, Shares Purchased for Award \| shares		1,587,000	436,000
Declared and paid dividends per share \| $ / shares	$ 0.20
Class A [Member] \| Parent Company [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Common stock, shares authorized \| shares		1,000,000,000	1,000,000,000
Common stock, par value \| $ / shares		$ 0.01	$ 0.01
Number of class A shares issued from treasury stock \| shares		31,014,265	21,497,691
Share-based Compensation Arrangement by Share-based Payment Award, Shares Purchased for Award \| shares		1,587,000
Class A [Member] \| Lexicon [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Number of class A shares issued from treasury stock \| shares		28,000
Class B [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Common stock, shares authorized \| shares		1,000,000	1,000,000
Common stock, par value \| $ / shares		$ 0.01	$ 0.01
Number of class A shares issued from treasury stock \| shares		47	48
Class B [Member] \| Parent Company [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Common stock, shares authorized \| shares		1,000,000	1,000,000
Common stock, par value \| $ / shares		$ 0.01	$ 0.01
Number of class A shares issued from treasury stock \| shares		47	48
Common stock cancelled \| shares		1
Exchange value of common stock		$ 1
Offering [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Number of class A shares issued from treasury stock \| shares		5,365	2,954		5,365
Offering [Member] \| Parent Company [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Number of class A shares issued from treasury stock \| shares		5,365
Maximum [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Treasury stock acquired, market value per share \| $ / shares		36.41	36.97
Maximum [Member] \| Class A [Member] \| Parent Company [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Treasury stock acquired, market value per share		36.41
Minimum [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Treasury stock acquired, market value per share \| $ / shares		15.76	23.31
Minimum [Member] \| Class A [Member] \| Parent Company [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Treasury stock acquired, market value per share		15.76
Other Commitments [Member]
Condensed Financial Information Of Parent Company Only Disclosure [Line Items]
Payment to the counterparties to the Tax Receivable Agreement, within one year or less		$ 6,217
Payment to the counterparties to the Tax Receivable Agreement, one to three years		21,650
Payment to the counterparties to the Tax Receivable Agreement, three to five years		24,078
Payment to the counterparties to the Tax Receivable Agreement, after five years		91,715
Payment to the senior notes to the tax receivable agreement, after five years		$ 91,715

Supplemental Financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Income (Loss) Before Income from Equity Method Investments and Income Taxes

$ 112,781

$ 163,181

$ 141,204

$ 107,098

$ 101,452

$ 123,025

$ 64,319

$ 87,109

$ 524,264

^[1]

$ 375,905

^[1]

$ 312,417

^[1]

Total Expenses

113,790

149,739

129,589

95,334

91,794

104,585

66,947

75,719

488,452

339,045

288,969

(1,009)

13,442

11,615

11,764

9,658

18,440

(2,628)

11,390

35,812

36,860

23,448

Income (Loss) Before Income Taxes

255

195

400

(116)

(131)

(130)

(180)

919

(557)

(1,406)

(754)

13,637

11,684

12,164

9,542

18,309

(2,758)

11,210

36,731

36,303

22,042

Net Income (Loss) from Continuing Operations

1,080

11,144

6,064

4,436

4,413

8,476

(1,551)

4,839

22,724

16,177

19,679

(1,834)

2,493

5,620

7,728

5,129

9,833

(1,207)

6,371

14,007

20,126

2,363

Net Income (Loss) from Discontinued Operations

(653)

(198)

(85)

(30)

(232)

(280)

(6)

(966)

(517)

(424)

Net Income (Loss)

(2,487)

2,295

5,535

7,698

4,897

9,553

(1,213)

6,372

13,041

19,609

1,939

Net Income (Loss) Attributable to Noncontrolling Interest

(1,831)

536

3,274

4,110

1,610

6,023

(1,330)

4,352

6,089

10,655

3,509

Net Income (Loss) Attributable to Evercore Partners Inc.

$ (656)

$ 1,759

$ 2,261

$ 3,588

$ 3,287

$ 3,530

$ 117

$ 2,020

$ 6,952

$ 8,954

$ (1,570)

Basic Net Income (Loss) Per Share, From Continuing Operations

$ 0.06

$ 0.09

$ 0.16

$ 0.19

$ 0.01

$ 0.11

$ 0.30

$ 0.47

$ (0.07)

Basic Net Income (Loss) Per Share, From Discontinued Operations

$ (0.02)

(0.01)

(0.04)

(0.02)

(0.03)

Basic Net Income (Loss) Per Share, Net Income (Loss) Attributable to Evercore Partners Inc.

(0.02)

0.06

0.09

0.16

0.15

0.18

0.01

0.11

0.26

0.45

(0.10)

Diluted Net Income (Loss) Per Share, From Continuing Operations

0.06

0.08

0.14

0.18

0.09

0.27

0.41

(0.07)

Diluted Net Income (Loss) Per Share, From Discontinued Operations

(0.02)

(0.01)

(0.04)

(0.02)

(0.03)

Diluted Net Income (Loss) Per Share, Net Income (Loss) Attributable to Evercore Partners Inc.

(0.02)

0.06

0.08

0.14

0.13

0.17

0.09

0.23

0.39

(0.10)

Dividends Declared Per Share of Class A Common Stock

$ 0.20

$ 0.18

$ 0.15

$ 0.74

$ 0.63

$ 0.51

[1]	Net revenues include Other Revenue, net, allocated to the segments as follows:

Label	Element	Value
Investment Banking [Member]
Goodwill	us-gaap_Goodwill	$ 34,989,000
Goodwill	us-gaap_Goodwill	43,199,000
Goodwill	us-gaap_Goodwill	81,937,000
Investment Management [Member]
Goodwill	us-gaap_Goodwill	14,775,000
Goodwill	us-gaap_Goodwill	95,832,000
Goodwill	us-gaap_Goodwill	$ 95,912,000

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.