View Filing Data

Other Revenue, Including Interest and Investments(1)

^[1]

$ 19,051

$ 88,828

$ 29,380

Total Revenues

2,082,476

1,724,345

1,456,790

Interest Expense

17,771

19,996

16,738

Employee Compensation and Benefits

2,064,705

1,704,349

1,440,052

Expenses

1,197,173

962,512

900,590

Occupancy and Equipment Rental

58,971

53,448

45,304

Professional Fees(1)

^[1]

82,393

63,857

56,401

Travel and Related Expenses

68,754

64,179

57,465

Communications and Information Services

41,319

41,393

40,277

Depreciation and Amortization

27,054

24,819

24,800

Execution, Clearing and Custody Fees(1)

^[1]

11,470

14,778

17,544

Special Charges

5,012

25,437

8,100

Acquisition and Transition Costs

1,673

Other Operating Expenses(1)

^[1]

30,461

23,442

28,298

Total Expenses

1,522,628

1,275,538

1,178,878

Income Before Income from Equity Method Investments and Income Taxes

542,077

428,811

261,174

Income from Equity Method Investments

9,294

8,838

6,641

Income Before Income Taxes

551,371

437,649

267,815

Provision for Income Taxes

108,520

258,442

119,303

Net Income

442,851

179,207

148,512

Net Income Attributable to Noncontrolling Interest

65,611

53,753

40,984

Net Income Attributable to Evercore Inc.

377,240

125,454

107,528

Net Income Attributable to Evercore Inc. Common Shareholders

$ 377,240

$ 125,454

$ 107,528

Weighted Average Shares of Class A Common Stock Outstanding

Basic (in shares)

40,595

39,641

39,220

Diluted (in shares)

45,279

44,826

44,193

Net Income Per Share Attributable to Evercore Inc. Common Shareholders:

Basic (in dollars per share)

$ 9.29

$ 3.16

$ 2.74

Diluted (in dollars per share)

$ 8.33

$ 2.80

$ 2.43

Investment Banking [Member]

$ 2,015,179

Acquisition and Transition Costs

2,012,023

$ 1,634,268

$ 1,363,859

Expenses

Special Charges

5,012

14,400

555

(692)

Income Before Income from Equity Method Investments and Income Taxes

533,356

422,531

251,360

Income from Equity Method Investments

518

277

1,370

Income Before Income Taxes

533,874

422,808

252,730

Investment Banking [Member] | Advisory Fees [Member]

Investment Banking [Member] | Underwriting Fees [Member]

^[1]

1,743,473

1,324,412

1,096,829

Investment Banking [Member] | Commissions and Related Fees [Member]

^[1]

71,691

45,827

36,264

Investment Management [Member]

^[1]

200,015

205,630

230,913

48,246

Acquisition and Transition Costs

52,682

70,081

76,193

Expenses

Special Charges

11,037

8,100

1,118

791

Income Before Income from Equity Method Investments and Income Taxes

8,721

6,280

9,814

Income from Equity Method Investments

8,776

8,561

5,271

Income Before Income Taxes

17,497

14,841

15,085

Investment Management [Member] | Asset Management [Member]

Revenue from Contract with Customer [Abstract]

^[1]

$ 48,246

$ 59,648

$ 63,404

[1]	Certain balances in prior periods were reclassified to conform to their current presentation. See Note 2 for further information.

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net Income	$ 442,851	$ 179,207	$ 148,512
Other Comprehensive Income (Loss), net of tax:
Unrealized Gain (Loss) on Marketable Securities and Investments, net	(275)	381	(1,763)
Foreign Currency Translation Adjustment Gain (Loss), net	(1,180)	21,679	(17,531)
Other Comprehensive Income (Loss)	(1,455)	22,060	(19,294)
Comprehensive Income	441,396	201,267	129,218
Comprehensive Income Attributable to Noncontrolling Interest	65,408	57,128	37,247
Comprehensive Income Attributable to Evercore Inc.	$ 375,988	$ 144,139	$ 91,971

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3000-108585

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686

+ Details

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Class A [Member]	Common Stock [Member] Class A [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2015	$ 707,216		$ 552	$ 1,210,742	$ (34,539)	$ (27,791)	$ (644,412)	$ 202,664
Beginning Balance, Shares at Dec. 31, 2015			55,249,559				(15,626,288)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	148,512					107,528		40,984
Other Comprehensive Income	(19,294)				(15,557)			(3,737)
Treasury Stock Purchases	(167,241)						$ (167,241)
Treasury Stock Purchases, Shares							(3,475,423)
Evercore LP Units Purchased or Converted into Class A Common Stock	6,620		$ 5	23,095				(16,480)
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares			532,175
Equity-based Compensation Awards	209,123		$ 25	127,706				81,392
Equity-based Compensation Awards, Shares			2,510,833
Dividends	(51,558)			7,836		(59,394)
Noncontrolling Interest (Note 16)	(50,047)			(1,257)				(48,790)
Ending Balance at Dec. 31, 2016	783,331		$ 582	1,368,122	(50,096)	20,343	$ (811,653)	256,033
Ending Balance, Shares at Dec. 31, 2016			58,292,567				(19,101,711)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	179,207					125,454		53,753
Other Comprehensive Income	22,060				18,685			3,375
Treasury Stock Purchases	$ (293,753)						$ (293,753)
Treasury Stock Purchases, Shares	(3,916,000)						(3,916,039)
Evercore LP Units Purchased or Converted into Class A Common Stock	$ 36,963		$ 12	84,214				(47,263)
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares			1,212,641
Equity-based Compensation Awards	171,775		$ 27	156,826				14,922
Equity-based Compensation Awards, Shares			2,614,696
Dividends	(66,336)					(66,336)
Noncontrolling Interest (Note 16)	(36,879)			(8,463)				(28,416)
Ending Balance at Dec. 31, 2017	796,368		$ 621	1,600,699	(31,411)	79,461	$ (1,105,406)	252,404
Ending Balance, Shares at Dec. 31, 2017		39,102,154	62,119,904				(23,017,750)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative Effect of Accounting Change (1)	0				2,229	(2,229)
Net Income	442,851					377,240		65,611
Other Comprehensive Income	(1,455)				(1,252)			(203)
Treasury Stock Purchases	$ (289,681)						$ (289,681)
Treasury Stock Purchases, Shares	(3,106,000)						(3,105,688)
Evercore LP Units Purchased or Converted into Class A Common Stock	$ 23,968		$ 12	70,550				(46,594)
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares			1,181,669
Equity-based Compensation Awards	192,195		$ 26	172,309				19,860
Equity-based Compensation Awards, Shares			2,570,441
Dividends	(89,590)					(89,590)
Noncontrolling Interest (Note 16)	(66,717)			(25,458)				(41,259)
Ending Balance at Dec. 31, 2018	$ 1,007,939		$ 659	$ 1,818,100	$ (30,434)	$ 364,882	$ (1,395,087)	$ 249,819
Ending Balance, Shares at Dec. 31, 2018		39,748,576	65,872,014				(26,123,438)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash Flows From Operating Activities
Net Income	$ 442,851	$ 179,207	$ 148,512
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Net (Gains) Losses on Investments, Marketable Securities and Contingent Consideration	10,718	(32)	1,124
Equity Method Investments	1,352	(513)	2,602
Equity-Based and Other Deferred Compensation	293,507	230,268	258,295
Impairment of Goodwill and Equity Method Investments	0	21,507	8,100
Gain on Sale of Institutional Trust and Independent Fiduciary business of ETC	0	(7,808)	0
Depreciation, Amortization and Accretion	29,374	26,032	25,223
Bad Debt Expense	3,365	2,579	2,261
Adjustment to Tax Receivable Agreement	0	(77,535)	0
Release of Cumulative Foreign Exchange Losses	0	16,266	0
Deferred Taxes	(3,981)	148,320	10,043
Decrease (Increase) in Operating Assets:
Marketable Securities	(546)	865	937
Financial Instruments Owned and Pledged as Collateral at Fair Value	(2,961)	35	18,249
Securities Purchased Under Agreements to Resell	8,166	2,642	(11,890)
Accounts Receivable	(130,956)	47,120	(64,522)
Receivable from Employees and Related Parties	(6,849)	(2,188)	5,934
Other Assets	(21,830)	(10,982)	(32,763)
(Decrease) Increase in Operating Liabilities:
Accrued Compensation and Benefits	208,088	(25,892)	48,258
Accounts Payable and Accrued Expenses	5,496	1,149	(10,030)
Securities Sold Under Agreements to Repurchase	(5,183)	(2,701)	(6,387)
Payables to Employees and Related Parties	4,387	3,217	(1,581)
Taxes Payable	16,099	(10,849)	9,097
Other Liabilities	(1,523)	(33,471)	10,424
Net Cash Provided by Operating Activities	849,574	507,236	421,886
Cash Flows From Investing Activities
Investments Purchased	(95)	(997)	(2,047)
Distributions of Private Equity Investments	2,143	2,072	183
Marketable Securities:
Proceeds from Sales and Maturities	191,779	45,642	46,547
Purchases	(336,596)	(40,995)	(69,568)
Maturity of Certificates of Deposit	63,527	0	0
Purchase of Certificates of Deposit	(100,000)	(63,417)	0
Cash Paid for Acquisitions and Deconsolidation of Cash, net of Cash Acquired	0	0	(2,877)
Purchase of Furniture, Equipment and Leasehold Improvements	(33,324)	(31,300)	(18,439)
Proceeds from Sale of Business	0	34,354	0
Net Cash Provided by (Used in) Investing Activities	(212,566)	(54,641)	(46,201)
Cash Flows From Financing Activities
Issuance of Noncontrolling Interests	1,165	110	885
Distributions to Noncontrolling Interests	(41,413)	(36,374)	(38,154)
Payments Under Tax Receivable Agreement	(13,345)	(12,381)	(12,039)
Cash Paid for Deferred and Contingent Consideration	0	0	(5,050)
Short-Term Borrowings	30,000	30,000	50,000
Repayment of Short-Term Borrowings	(30,000)	(30,000)	(50,000)
Repayment of Subordinated Borrowings	(6,799)	(9,751)	(6,000)
Payment of Notes Payable - Mizuho	0	0	(120,000)
Issuance of Notes Payable	0	0	170,000
Debt Issuance Costs	0	0	(2,084)
Purchase of Treasury Stock and Noncontrolling Interests	(315,233)	(304,313)	(173,958)
Dividends - Class A Stockholders	(77,302)	(56,521)	(51,558)
Net Cash Provided by (Used in) Financing Activities	(452,927)	(419,230)	(237,958)
Effect of Exchange Rate Changes on Cash	(1,370)	8,383	(25,347)
Net Increase in Cash, Cash Equivalents and Restricted Cash	182,711	41,748	112,380
Cash, Cash Equivalents and Restricted Cash-Beginning of Period	617,385	575,637	463,257
Cash, Cash Equivalents and Restricted Cash-End of Period	800,096	617,385	575,637
SUPPLEMENTAL CASH FLOW DISCLOSURE
Payments for Interest	17,818	19,471	14,074
Payments for Income Taxes	86,232	128,689	106,126
Accrued Dividends	12,288	9,815	7,836
Settlement of Contingent Consideration	0	10,780	0
Evercore Trust Company [Member]
SUPPLEMENTAL CASH FLOW DISCLOSURE
Assets Deconsolidated	0	81	0
Liabilities Deconsolidated	0	1,489	0
Decrease in Goodwill	0	28,442	0
Glisco [Member]
SUPPLEMENTAL CASH FLOW DISCLOSURE
Assets Deconsolidated	0	0	8,302
Liabilities Deconsolidated	0	0	2,343
GCP III [Member]
SUPPLEMENTAL CASH FLOW DISCLOSURE
Decrease in Noncontrolling Interest	$ 0	$ 0	$ 5,808

Organization	12 Months Ended
Organization	Dec. 31, 2018
Accounting Policies [Abstract]
Organization	Organization Evercore 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, and is the sole general partner of, Evercore LP, a Delaware limited partnership ("Evercore LP"). The Company operates from its offices and through its affiliates in North America, Europe, South America and Asia. The Investment Banking segment includes the advisory business through which the Company provides advice to clients on significant mergers, acquisitions, divestitures, shareholder activism and other strategic corporate transactions, with a particular focus on advising prominent multinational corporations and substantial private equity firms on large, complex transactions. The Company also provides restructuring advice to companies in financial transition, as well as to creditors, shareholders and potential acquirers. In addition, the Company provides its clients with capital markets advice, underwrites securities offerings, raises funds for financial sponsors and provides advisory services focused on secondary transactions for private funds interests, as well as on primary and secondary transactions for real estate oriented financial sponsors and private equity interests. The Investment Banking business also includes the Evercore ISI business through which the Company offers macroeconomic, policy and fundamental equity research and agency-based equity securities trading for institutional investors. The Investment Management segment includes the wealth management business through which the Company provides investment advisory, wealth management and fiduciary services for high net-worth individuals and associated entities, the institutional asset management business through which the Company, directly and through affiliates, manages financial assets for sophisticated institutional investors and the private equity business which holds interests in private equity funds which are not managed by the Company.

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	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. The Company reviews factors, including the rights of the equity holders and obligations of equity holders to absorb losses or receive expected residual returns, to determine if the investment is a VIE. In evaluating whether the Company is the primary beneficiary, the Company evaluates its economic interests in the entity held either directly or indirectly by the Company. The consolidation analysis is generally performed qualitatively. This analysis, which requires judgment, is performed at each reporting date. Evercore LP is a VIE and the Company is the primary beneficiary. Specifically, the Company has the majority economic interest in Evercore LP and has decision making authority that significantly affects the economic performance of the entity while the limited partners have no kick-out or substantive participating rights. The assets and liabilities of Evercore LP represent substantially all of the consolidated assets and liabilities of the Company with the exception of U.S. corporate taxes and related items, which are presented on the Company's (Parent Company Only) Condensed Statements of Financial Position in Note 24. Evercore ISI International Limited ("ISI U.K.") and Evercore Partners International LLP ("Evercore U.K.") are also VIEs and the Company is the primary beneficiary of these VIEs. Specifically for ISI U.K., the Company provides financial support through a transfer pricing agreement with this entity, which exposes the Company to losses that are potentially significant to the entity, and has decision making authority that significantly affects the economic performance of the entity. The Company has the majority economic interest in Evercore U.K. and has decision making authority that significantly affects the economic performance of this entity. The Company included in its Consolidated Statements of Financial Condition ISI U.K. and Evercore U.K. assets of $190,223 and liabilities of $122,460 at December 31, 2018 and assets of $126,078 and liabilities of $102,487 at December 31, 2017. See Note 10 for further information on the Company's VIEs. All intercompany balances and transactions with the Company's subsidiaries have been eliminated upon consolidation. At the time of the formation transaction, the members of Evercore LP (the "Members") received Class A limited partnership units of Evercore LP ("Class A LP Units") in consideration for their contribution of the various entities included in the historical combined financial statements of the Company. The Class A LP Units were 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"). At December 31, 2013, all Class A LP Units were fully vested. On October 31, 2014, in conjunction with the acquisition of the operating businesses of International Strategy & Investment ("ISI"), the Company issued vested and unvested Class E limited partnership units of Evercore LP ("Class E LP Units") and vested and unvested Class G and H limited partnership interests of Evercore LP ("Class G and H LP Interests"). At December 31, 2017, all Class E LP Units were fully vested and all of the Class G LP Interests either converted into Class E LP Units or were forfeited pursuant to their performance terms. In 2017, the Company exchanged all of the outstanding Class H LP Interests for a number of Class J limited partnership units of Evercore LP ("Class J LP Units"). In 2016, in conjunction with the appointment of the Executive Chairman, the Company issued unvested Class I-P Units of Evercore LP ("Class I-P Units"). The Class I-P Units are contingently exchangeable into Class I limited partnership units of Evercore LP ("Class I LP Units"), which are exchangeable on a one-for-one basis for Class A Shares. In 2017, the Company issued unvested Class K-P Units of Evercore LP ("Class K-P Units"), which are contingently exchangeable into Class K limited partnership units of Evercore LP ("Class K LP Units"), which are ultimately exchangeable on a one-for-one basis for Class A Shares. See Note 18 for further information. The Company accounts for exchanges of Evercore LP partnership units ("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, "Control of Partnerships and Similar Entities." The Company consolidates Evercore LP and records noncontrolling interest for the economic interest in Evercore LP held directly by others, which includes the Members. Revenue Recognition – The Company adopted Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09") on January 1, 2018 using the modified retrospective method of transition applied to contracts which were not completed as of January 1, 2018. The Company did not have a cumulative-effect adjustment as of the date of adoption. ASU 2014-09 creates ASC 606, "Revenue from Contracts with Customers," ("ASC 606"), which provides a five step model to revenue recognition as follows: Step 1: Identify the contract(s) with a customer Step 2: Identify the performance obligations in the contract Step 3: Determine the transaction price Step 4: Allocate the transaction price to the performance obligations in the contract Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation The Company applies this model to its Investment Banking and Asset Management revenue streams. Prior to January 1, 2018, the Company recorded revenue in accordance with ASC 605, "Revenue Recognition" ("ASC 605"). Under ASC 605, the Company recognized success related advisory fees upon closing of the transaction regardless of the probability of the outcome, which differs under ASC 606 as described further below. Furthermore, ASC 605 allowed expenses related to underwriting transactions to be reflected net in related revenues; under ASC 606, those expenses are presented gross in the results of operations. Investment Banking Revenue – The Company earns investment banking fees from clients for providing advisory services on strategic matters, including mergers, acquisitions, divestitures, leveraged buyouts, restructurings, activism and defense and similar corporate finance matters. The Company's Investment Banking services also include services related to securities underwriting, private placement services and commissions for agency-based equity trading services and equity research. Revenue is recognized as the Company satisfies performance obligations, upon transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for these services. The Company’s contracts with customers may include promises to transfer multiple services to a customer. Determining whether services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. For performance obligations satisfied over time, determining a measure of progress requires the Company to make significant judgments that affect the timing of revenue recognized. For certain advisory services, the Company has concluded that performance obligations are satisfied over time. This is based on the premise that the Company transfers control of services and the client simultaneously receives benefits from these services over the course of an engagement. For performance obligations satisfied at a point in time, determining when control transfers requires the Company to make significant judgments that affect the timing of when revenue is recognized. The Company records Investment Banking Revenue on the Consolidated Statements 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 fixed retainer fees for financial advisory services concurrent with, or soon after, the execution of the engagement letter or over the course of the engagement, where the engagement letter will specify a future service period associated with those fees. The Company may also receive announcement fees upon announcement of a transaction in addition to success fees upon closing of a transaction or another defined outcome, both of which represent variable consideration. This variable consideration will be included in the transaction price, as defined, and recognized as revenue to the extent that it is probable that a significant reversal of revenue will not occur. When assessing probability, the Company applies careful analysis and judgment to the remaining factors necessary for completion of a transaction, including factors outside of the Company's control. A transaction can fail to be completed for many reasons which are outside of the Company’s control, including failure of parties to agree upon final terms, to secure necessary board or shareholder approvals, to secure necessary financing or to achieve necessary regulatory approvals, or due to adverse market conditions. In the case of bankruptcy engagements, fees are subject to approval of the court. With respect to retainer, announcement and success fees, there are no distinct performance obligations aside from advisory activities, which are generally focused on achieving a milestone (typically, the announcement and/or the closing of a transaction). These advisory services are provided over time throughout the contract period. The Company recognizes revenue when distinct services are performed and when it is probable that a reversal of revenue will not occur, which is generally upon the announcement or closing of a transaction. Accordingly, in any given period, advisory fees recognized for certain transactions may relate to services performed in prior periods. In circumstances in which retainer fees are received in advance of services, these fees are initially recorded as deferred revenue (a contract liability), which is recorded in Other Current Liabilities on the Consolidated Statements of Financial Condition, and subsequently recognized as advisory fee revenue in Advisory Fees on the Consolidated Statements of Operations during the applicable time period within which the service is rendered. Announcement fees for advisory services are recognized upon announcement (the point at which it is determined that the reversal of revenue is not probable) and all other requirements for revenue recognition are satisfied. A portion of the announcement fee may be deferred based on the services remaining to be completed, if any. Success fees for advisory services, such as merger and acquisition ("M&A") advice, are recognized when it is determined that the reversal of revenue is not probable and all other requirements for revenue recognition are satisfied, which is generally at closing of the transaction. With respect to fairness or valuation opinions, fees are fixed and there is a distinct performance obligation, since the opinion is rendered separate from any other advisory activities. Revenues related to fairness or valuation opinions are recognized at the point in time when the opinion has been rendered and delivered to the client. In the event the Company was to receive an opinion or success fee in advance of the completion conditions noted above, such fee would initially be recorded as deferred revenue (a contract liability) in Other Current Liabilities on the Consolidated Statements of Financial Condition and subsequently recognized as advisory fee revenue in Advisory Fees on the Consolidated Statements of Operations when the conditions of completion have been satisfied. Placement fee revenues are attributable to capital raising on both corporations and financial sponsors. The Company recognizes placement fees in accordance with the terms of the engagement letter, which are generally contingent on the achievement of a capital commitment by an investor, at the time of the client's acceptance of capital or capital commitments. Underwriting Fees – Underwriting fees are attributable to public and private offerings of equity and debt securities and are recognized at the point in time when the offering has been deemed to be completed by the lead manager of the underwriting group. When the offering is completed, the performance obligation has been satisfied and the Company recognizes the applicable management fee, selling concession and underwriting fee. Offering expenses are presented gross in the Consolidated Statements of Operations. Commissions and Related Fees – Commissions and Related Fees include commissions received from customers for the execution of agency-based brokerage transactions in listed and over-the-counter equities. The execution of each trade order represents a distinct performance obligation and the transaction price at the point in time of trade order execution is fixed. Trade execution is satisfied at the point in time that the customer has control of the asset and as such, fees are recorded on a trade date basis or, in the case of payments under commission sharing arrangements, when earned. The Company also earns subscription fees for the sales of research. The delivery of research under subscription arrangements represents a distinct performance obligation that is satisfied over time. The fees are fixed and are recognized over the period in which the performance obligation is satisfied. Cash received before the subscription period ends is initially recorded as deferred revenue (a contract liability) in Other Current Liabilities on the Consolidated Statements of Financial Condition, and is recognized in Commissions and Related Fees on the Consolidated Statements of Operations ratably over the period in which the related services are rendered. Taxes collected from customers and remitted to governmental authorities are presented on a net basis on the Consolidated Statements of Operations. Asset Management and Administration Fees – The Company's Investment Management business generates revenues from the management of client assets and through interests in private equity funds which are not managed by the Company. The Company’s contracts with customers may include promises to transfer multiple services to a customer. Determining whether services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. For performance obligations satisfied over time, determining a measure of progress requires the Company to make significant judgments that affect the timing of revenue recognized. Asset management fees for third-party clients are generally based on the value of the assets under management and any performance fees that may be negotiated with the client. The management of asset portfolios represents a distinct performance obligation that is satisfied over time. These fees are generally recognized over the period that the related services are provided and in which the performance obligation is satisfied, 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 (a contract liability), which is recorded in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Asset Management and Administration Fees 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 likelihood of clawback is mathematically improbable. 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. The management of assets under administration represents a distinct performance obligation that is satisfied over time. For ongoing engagements, fees are billed quarterly either in advance or in arrears. Fees paid in advance of services rendered and satisfaction of the performance obligation are initially recorded as deferred revenue (a contract liability) in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Asset Management and Administration Fees on the Consolidated Statements of Operations ratably over the period in which the related services are rendered and the performance obligation is satisfied. The Company 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. The Company records performance fees upon the earlier of the termination of the investment fund or when the likelihood of clawback is mathematically improbable. Other Revenue, Including Interest and Investments, and Interest Expense – Other Revenue and Interest Expense is derived from investing customer funds in financing transactions. These transactions are principally repurchases and resales of Mexican government and government agency securities. Revenue and expenses associated with these transactions are recognized over the term of the repurchase or resale transaction. Other Revenue also includes income (losses) earned on marketable securities, including our investment funds which are used as an economic hedge against our deferred cash compensation program, certificates of deposit, cash and cash equivalents and on the Company’s debt security investment in G5 Holdings S.A. ("G5"), as well as adjustments to amounts due pursuant to the Company’s tax receivable agreement, subsequent to its initial establishment related to changes in enacted tax rates, and gains (losses) resulting from foreign currency fluctuations, principal trading and realized and unrealized gains and losses on interests in Private Equity funds which are not managed by the Company. Interest Expense also includes interest expense associated with the Company’s Notes Payable, subordinated borrowings and lines of credit. Client Expense Reimbursement – In the conduct of its financial advisory service engagements, the Company receives reimbursement for certain expenses incurred by the Company in the course of performing services. 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 the 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 relative ownership interest 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 is allocated based on these special allocations. ASC 810 "Consolidation" ("ASC 810") 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. Noncontrolling Interest is presented as a component of Total Equity on the Consolidated Statements of Financial Condition and below Net Income on the Consolidated Statements of Operations. In addition, there is an allocation of the components of Total Comprehensive Income between controlling interests and noncontrolling interests. Changes in a parent's ownership interest while the parent retains control of its subsidiary are accounted for as equity transactions. 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 11 for further information. Cash and Cash Equivalents – Cash and Cash Equivalents consist of short-term highly-liquid investments with original maturities of three months or less. Marketable Securities and Certificates of Deposit – Marketable Securities include investments in U.S. Treasury securities, corporate, municipal and other debt securities and investments in readily-marketable equity securities, which are accounted for under ASC 320-10, "Investments - Debt Securities" and ASC 321-10, "Investments - Equity Securities," ("ASC 321-10") following the adoption of ASU No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities" ("ASU 2016-01") in January 2018. The securities are carried at fair value on the Consolidated Statements of Financial Condition; the debt securities are valued based on quoted prices that exist in the marketplace for similar issues and the equity securities are valued using quoted market prices on applicable exchanges or markets. Marketable Securities transactions are recorded as of the trade date. The Company invests in readily marketable debt and equity securities which are managed by Evercore Wealth Management L.L.C. ("EWM"), as well as in a portfolio of exchange-traded funds and mutual funds as an economic hedge against the Company’s deferred cash compensation program. The debt securities are classified as available-for-sale and any unrealized gains and losses are recorded as net increases or decreases to Accumulated Other Comprehensive Income (Loss), net of tax, and realized gains and losses on these securities are included in Other Revenue, Including Interest and Investments on the Consolidated Statements of Operations. Realized and unrealized gains and losses on the equity securities are recorded in Other Revenue, Including Interest and Investments, beginning on January 1, 2018, from the application of ASU 2016-01. EGL also invests in a fixed income portfolio consisting of U.S. Treasury securities and municipal bonds, which are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest and Investments on the Consolidated Statements of Operations, as required for broker-dealers in securities. Certificates of Deposit consist of investments with certain banks with original maturities of six months or less when purchased. 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, Including Interest and Investments, 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. mature on the next business day) and the underlying securities are debt instruments of the Mexican Government 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. Accounts Receivable and Contract Assets – 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, when relevant revenue recognition criteria has been achieved and payment is conditioned on the passage of time. The Company maintains an allowance for doubtful accounts 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. The Investment Banking and Investment Management receivables collection periods generally are within 90 days of invoice, with the exception of placement fees, which are generally collected within 180 days of invoice, and fees related to private funds capital raising, which are collected in a period exceeding one year. The collection period for restructuring transaction receivables may exceed 90 days. Receivables that are collected in a period exceeding one year are reflected in Other Assets on the Consolidated Statements of Financial Condition. The Company records contract assets within Other Current Assets and Other Assets on the Consolidated Statements of Financial Condition when payment is due from a client conditioned on future performance or the occurrence of other events. The Company also recognizes a contract asset for the incremental costs of obtaining a contract with a customer if the benefit of those costs is expected to be longer than one year. The Company applies a practical expedient to expense costs to obtain a contract as incurred when the amortization period is one year or less. Investments – The Company's investments include investments in unconsolidated affiliated companies and other investments in private equity partnerships: Affiliates – The Company has equity interests in ABS Investment Management Holdings LP and ABS Investment Management GP LLC (collectively, "ABS"), Atalanta Sosnoff Capital, LLC ("Atalanta Sosnoff"), Luminis Partners ("Luminis") and G5 (through December 31, 2017, the date the Company exchanged all of its outstanding equity interests for debentures of G5) and includes its share of the income (losses) within Income 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, or more frequently if circumstances indicate impairment may have occurred. See Note 10 for further information. Private Equity – The investments in 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 fair value of non-marketable securities is determined 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 Other Revenue, Including Interest and Investments, in the Consolidated Statements of Operations. The Company also maintains investments in Glisco Manager Holdings LP, Trilantic Capital Partners ("Trilantic") and an equity security in a private company, which are accounted for as equity securities without readily determinable fair values in accordance with ASC 321-10, as well as an investment in a debt security that is accounted for as a held-to-maturity security. The Company assesses its investments quarterly for impairment, or more frequently if circumstances indicate impairment may have occurred. See Note 10 for further information. Furniture, Equipment and Leasehold Improvements – Fixed assets, including 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, primarily 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. Certain costs associated with the acquisition or development of internal-use software and cloud computing arrangements are also capitalized. Once the software is ready for its intended use, the capitalized costs are amortized using the straight-line method over the estimated useful life of the software or hosting arrangement. Goodwill and Intangible Assets – Goodwill is tested for impairment annually, as of November 30^th, or more frequently if circumstances indicate impairment may have occurred. The Company assesses whether any goodwill allocated to its applicable reporting unit is impaired by comparing the fair value of each reporting unit with its respective carrying amount. For acquired businesses, contingent consideration is recognized and measured at fair value as of the acquisition date and at subsequent reporting periods. 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, or a weighted combination of both a market multiple approach and discounted cash flow methodology. The market multiple approach includes applying the average earnings multiples of comparable public companies for their respective reporting unit 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 cost of capital adjusted for the risks inherent in the future cash flows. The Company adopted ASU No. 2017-04, "Simplifying the Test for Goodwill Impairment" ("ASU 2017-04") effective April 1, 2017. ASU 2017-04 eliminates Step 2 from the goodwill impairment test and requires companies to recognize an impairment charge for the amount by which the carrying amount of a reporting unit exceeds its fair value. 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, "Property, Plant, and Equipment" ("ASC 360"). See Note 5 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 and Other Deferred Compensation – The Company accounts for share-based payments in accordance with ASC 718, "Compensation – Stock Compensation" ("ASC 718"). See Note 18 for further information. 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 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, restricted stock and LP Units is charged to Employee Compensation and Benefits within the Consolidated Statements of Operations. Compensation expense is recognized pursuant to performance-based awards if it is probable that the performance condition will be achieved. See Note 18 for a discussion of the awards issued in conjunction with the Company's acquisition of the operating businesses of ISI, as well as the Company's Long-term Incentive Plan and other performance-based awards. 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 and Other Comprehensive Income (Loss) in the Consolidated Statements of Comprehensive Income. 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, Including Interest and Investments, on the Consolidated Statements of Operations. Income Taxes – The Company accounts for income taxes in accordance with ASC 740, "Income Taxes" ("ASC 740"), which requires the recognition of tax benefits or expenses on temporary differences between the financial reporting and tax basis of its assets and liabilities, as disclosed in Note 21. Deferred income taxes reflect the net tax effects of temporary differences between financial reporting and tax basis 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. The Company accounts for the impact of changes in statutory income tax rates on deferred tax assets and liabilities in the year of enactment. 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. The Company adopted ASU No. 2016-09, "Improvements to Employee Share-Based Payment Accounting" ("ASU 2016-09") on January 1, 2017, which resulted in excess tax benefits and deficiencies from the delivery of Class A Shares under share-based payment arrangements being recognized in the Company's Provision for Income Taxes, rather than in Additional Paid-In-Capital under legacy U.S. GAAP. See Note 21 for further information. 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 21 for further information. Reclassifications – During 2018, certain balances on the Consolidated Statements of Operations for prior periods were reclassified to conform to their current presentation. Execution, Clearing and Custody Fees – Other Operating Expenses of $13,572 and $16,278 for the years ended December 31, 2017 and 2016, respectively, and Professional Fees of $1,206 and $1,266 for the years ended December 31, 2017 and 2016, respectively, were reclassified to a new expense line item, "Execution, Clearing and Custody Fees" on the Consolidated Statements of Operations. Other Revenue, Including Interest and Investments – The Company renamed "Other Revenue, Including Interest" to "Other Revenue, Including Interest and Investments" on the Consolidated Statements of Operations and reclassified ($701) and $92 of principal trading gains (losses) from Investment Banking Revenue for the years ended December 31, 2017 and 2016, respectively, and $2,037 and $12,403 of net realized and unrealized gains on private equity investments from Investment Management Revenue for the years ended December 31, 2017 and 2016, respectively, to "Other Revenue, Including Interest and Investments." Investment Banking Revenue – Following the above reclassifications, the Company disaggregated "Investment Banking Revenue" into "Advisory Fees," "Underwriting Fees" and "Commissions and Related Fees" on the Consolidated Statements of Operations. Asset Management and Administration Fees – Following the above reclassifications, the Company renamed "Investment Management Revenue" to "Asset Management and Administration Fees" on the Consolidated Statements of Operations, which includes management fees from the wealth management and institutional asset management businesses.

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2014-09 – In May 2014, the Financial Accounting Standards Board ("FASB") issued ASU 2014-09. ASU 2014-09 provides amendments to ASC 605 and creates ASC 606, which changes the requirements for revenue recognition and amends the disclosure requirements. In August 2015, the FASB issued ASU No. 2015-14, "Deferral of the Effective Date," which provided amendments that defer the effective date of ASU 2014-09 by one year. In April 2016, the FASB issued ASU No. 2016-10, "Identifying Performance Obligations and Licensing," which provides clarification to identifying performance obligations and the licensing implementation guidance in ASU 2014-09. In May 2016, the FASB issued ASU No. 2016-12, "Narrow-Scope Improvements and Practical Expedients," which provides clarification on certain issues identified in the guidance on assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition in ASU 2014-09. The amendments in these updates are effective either retrospectively to each prior reporting period presented, or as a cumulative-effect adjustment as of the date of adoption, during interim and annual periods beginning after December 15, 2017, with early adoption permitted beginning after December 15, 2016. The Company adopted ASU 2014-09 on January 1, 2018 using the modified retrospective method of transition applied to contracts which were not completed as of January 1, 2018, which requires a cumulative-effect adjustment as of the date of adoption. The Company did not have a cumulative-effect adjustment as of the date of adoption. Following the adoption of ASU 2014-09, success related advisory fees, for which payment is generally dependent on the closing of a strategic transaction, a financing arrangement or some other defined outcome, are considered variable consideration as defined by the standard. ASU 2014-09 requires that revenue be recognized when it is probable that variable consideration will not be reversed in a future period. Accordingly, revenue recognition for such fees could be accelerated under ASU 2014-09 in certain circumstances, which will require careful analysis and judgment. Under legacy U.S. GAAP, the Company recognized such fees upon closing regardless of the probability of the outcome. The effect of the timing of revenue recognition could be material to any given reporting period. Furthermore, legacy U.S. GAAP allowed expenses related to underwriting transactions to be reflected net in related revenues. Under ASU 2014-09, those expenses are presented gross in the results of operations. See Notes 2 and 4 for further information. ASU 2016-01 - In January 2016, the FASB issued ASU 2016-01. ASU 2016-01 provides amendments to ASC 825, "Financial Instruments," which change the requirements for certain aspects of recognition, measurement and presentation of financial assets and liabilities and amend the disclosure requirements. The amendments in this update are effective during interim and annual periods beginning after December 15, 2017. The amendments in this update should be applied by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption and the amendments related to equity securities without readily determinable fair values should be applied prospectively. The Company adopted ASU 2016-01 on January 1, 2018, which resulted in a cumulative effect adjustment of cumulative unrealized losses, net of tax, on available-for-sale equity securities included in Accumulated Other Comprehensive Income (Loss) to Retained Earnings of ($2,229). Following the adoption of ASU 2016-01, unrealized gains and losses on these securities are recorded in Other Revenue, Including Interest and Investments, on the Consolidated Statements of Operations. The Company also holds equity securities without readily determinable fair values, which were accounted for under the cost method of accounting under legacy U.S. GAAP. Following the adoption of ASU 2016-01, the Company elected to measure each of its former cost method investments at its cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. See Notes 2, 8 and 10 for further information. ASU 2016-02 - In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" ("ASU 2016-02"). ASU 2016-02 supersedes ASC 840, "Leases," and includes requirements for the recognition of a right-of-use asset and lease liability on the balance sheet by lessees for those leases classified as operating leases under previous guidance. In July 2018, the FASB issued ASU No. 2018-11, "Leases (Topic 842): Targeted Improvements," which provides an additional transition method to initially apply the new lease standard at the adoption date and recognize a cumulative-effect adjustment to Retained Earnings for prior periods as of the beginning of the fiscal year of adoption. The amendments in these updates are effective using a modified retrospective approach as of the date of adoption, during interim and annual periods beginning after December 15, 2018, with early adoption permitted. The Company adopted ASU 2016-02 on January 1, 2019 using the modified retrospective approach. The adoption will result in the present value of the Company's lease commitments which have a term in excess of one year being reflected on the Company's Statements of Financial Condition as a long-term asset with a corresponding liability, classified as current and non-current. The Company's lease commitments primarily relate to office space, as discussed in Note 19. The impact on the Company's earnings is not expected to be materially different from the current expense related to leases as required under legacy U.S. GAAP, which is primarily reflected in Occupancy and Equipment Rental expense on the Consolidated Statements of Operations. The Company currently anticipates that it will record estimated lease liabilities of approximately $210 million on its Consolidated Statements of Financial Condition as of January 1, 2019, along with associated right-of-use assets, which will reflect the lease liabilities recognized, subject to certain adjustments for lease incentives and initial direct costs. ASU 2016-13 - In June 2016, the FASB issued ASU No. 2016-13, "Measurement of Credit Losses on Financial Instruments" ("ASU 2016-13"). ASU 2016-13 provides amendments to ASC 326, "Financial Instruments - Credit Losses," which amend the guidance on the impairment of financial instruments and adds an impairment model (the current expected credit loss (CECL) model) that is based on expected losses rather than incurred losses. Entities will recognize an allowance for its estimate of expected credit losses as of the end of each reporting period. The amendments in this update are effective during interim and annual periods beginning after December 15, 2019, with early adoption permitted after December 15, 2018. The Company currently uses the specific identification method for establishing credit provisions and write-offs of its trade accounts receivable. The Company anticipates adopting ASU 2016-13 on January 1, 2020 and does not anticipate a material difference between the current method and the CECL model. ASU 2016-15 - In August 2016, the FASB issued ASU No. 2016-15, "Classification of Certain Cash Receipts and Cash Payments" ("ASU 2016-15"). ASU 2016-15 provides amendments to ASC 230, "Statement of Cash Flows," ("ASC 230") which provide guidance on the classification of certain cash receipts and payments in the statement of cash flows. The amendments in this update are effective retrospectively, or prospectively, if retrospective application is impracticable, during interim and annual periods beginning after December 15, 2017, with early adoption permitted. The adoption of ASU 2016-15 did not have a material impact on the Company's financial condition, results of operations and cash flows, or disclosures thereto. ASU 2016-18 - In November 2016, the FASB issued ASU No. 2016-18, "Restricted Cash" ("ASU 2016-18"). ASU 2016-18 provides amendments to ASC 230, which require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents and amounts generally described as restricted cash and restricted cash equivalents. The amendments in this update are effective retrospectively during interim and annual periods beginning after December 15, 2017, with early adoption permitted. The adoption of ASU 2016-18 resulted in restricted cash balances being included in the Consolidated Statements of Cash Flows and expanded disclosure on these restricted cash balances. See Note 19 for further information. ASU 2017-01 - In January 2017, the FASB issued ASU No. 2017-01, "Clarifying the Definition of a Business" ("ASU 2017-01"). ASU 2017-01 provides amendments to ASC 805, "Business Combinations," which clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments in this update are effective prospectively during interim and annual periods beginning after December 15, 2017, with early adoption permitted. The adoption of ASU 2017-01 did not have a material impact on the Company's financial condition, results of operations and cash flows, or disclosures thereto. ASU 2017-09 - In May 2017, the FASB issued ASU No. 2017-09, "Scope of Modification Accounting" ("ASU 2017-09"). ASU 2017-09 provides amendments to ASC 718, which provide guidance and clarity around which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The amendments in this update are effective prospectively during interim and annual periods beginning after December 15, 2017, with early adoption permitted. The adoption of ASU 2017-09 did not have a material impact on the Company's financial condition, results of operations and cash flows, or disclosures thereto. ASU 2018-02 - In February 2018, the FASB issued ASU No. 2018-02, "Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income" ("ASU 2018-02"). ASU 2018-02 provides amendments to ASC 220, "Income Statement - Reporting Comprehensive Income," which allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. The amendments in this update are effective either in the period of adoption or retrospectively, to each period (or periods) in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act is recognized, during interim and annual periods beginning after December 15, 2018, with early adoption permitted. The Company adopted ASU 2018-02 on January 1, 2019 and did not elect to reclassify the income tax effects of the Tax Cuts and Jobs Act from accumulated other comprehensive income to retained earnings. As such, there was no impact on the Company's financial condition, results of operations and cash flows, or disclosures thereto. ASU 2018-05 - In March 2018, the FASB issued ASU No. 2018-05, "Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118" ("ASU 2018-05"). ASU 2018-05 adds various SEC paragraphs to ASC 740 pursuant to the issuance of SEC Staff Accounting Bulletin No. 118 ("SAB 118"). The amendments in this update were effective upon issuance. See Note 21 for further information. ASU 2018-07 - In June 2018, the FASB issued ASU No. 2018-07, "Improvements to Nonemployee Share-Based Payment Accounting" ("ASU 2018-07"). ASU 2018-07 provides amendments to ASC 718 to align the accounting for share-based payment awards issued to employees and nonemployees, particularly surrounding the measurement date and impact of performance conditions. The amendments in this update are effective during interim and annual periods beginning after December 15, 2018, with early adoption permitted. The amendments in this update should be applied by means of a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption for liability-classified awards that have not been settled and equity-classified awards for which a measurement date has not been established by the date of adoption, and prospectively for all new awards granted after the date of adoption. The Company adopted ASU 2018-07 on January 1, 2019, which resulted in a minimal cumulative effect adjustment to Retained Earnings. ASU 2018-13 - In August 2018, the FASB issued ASU No. 2018-13, "Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement" ("ASU 2018-13"). ASU 2018-13 provides amendments to ASC 820, "Fair Value Measurements and Disclosures" ("ASC 820"), which remove the requirements surrounding the disclosure and policy of transfers between fair value levels and the valuation processes for recurring Level 3 fair value measurements. In addition, ASU 2018-13 adds disclosure requirements for changes in unrealized gains and losses for Level 3 measurements and the range and weighted average of significant unobservable inputs used in Level 3 fair value measurements. The amendments in this update are effective during interim and annual periods beginning after December 15, 2019, with early adoption permitted. The amendments on changes in unrealized gains and losses and unobservable inputs for Level 3 measurements should be applied prospectively, and all other amendments in this update should be applied retrospectively. The Company is currently assessing the impact of this update on the Company's financial condition, results of operations and cash flows, or disclosures thereto. ASU 2018-15 - In August 2018, the FASB issued ASU No. 2018-15, "Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract" ("ASU 2018-15"). ASU 2018-15 aligns the requirements for capitalizing implementation costs in a cloud computing arrangement that is a service contract with the requirements for capitalizing implementation costs incurred for internal-use software as prescribed by ASC 350, "Intangibles - Goodwill and Other" ("ASC 350"). The amendments in this update are effective either prospectively, for eligible costs incurred on or after the date this guidance is first applied, or retrospectively, during interim and annual periods beginning after December 15, 2019, with early adoption permitted. The Company adopted ASU 2018-15 during the third quarter of 2018. The adoption of ASU 2018-15 did not have a material impact on the Company's financial condition, results of operations and cash flows, or disclosures thereto. ASU 2018-17 - In October 2018, the FASB issued ASU No. 2018-17, "Consolidation (Topic 810) - Targeted Improvements to Related Party Guidance for Variable Interest Entities." The amendments in this update state that any indirect interest held through related parties in common control arrangements should be considered on a proportional basis for determining whether fees paid to decision makers and service providers are variable interests. The amendments in this update are effective during interim and annual periods beginning after December 15, 2019, with early adoption permitted. The amendments are required to be retrospectively applied with a cumulative-effect adjustment to retained earnings at the beginning of the earliest period presented. The Company is currently assessing the impact of this update on the Company's financial condition, results of operations and cash flows, or disclosures thereto.

Revenue

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Text Block]

Revenue

The following table presents revenue recognized by the Company for the year ended December 31, 2018:



	For the Year Ended
	December 31, 2018
Investment Banking:
Advisory Fees	$	1,743,473
Underwriting Fees	71,691
Commissions and Related Fees	200,015
Total Investment Banking	$	2,015,179

Investment Management:
Asset Management and Administration Fees:
Wealth Management	$	44,875
Institutional Asset Management	3,371
Total Investment Management	$	48,246

Following the adoption of ASU 2014-09, expenses related to underwriting transactions are presented gross in the results of operations of the Company, whereas under legacy U.S. GAAP these expenses were presented net. Underwriting Fees are gross of related non-compensation expenses of $4,680 in the Consolidated Statements of Operations for the year ended December 31, 2018. Professional Fees, Travel and Related Expenses, Communications and Information Services and Other Operating Expenses in the Consolidated Statements of Operations are gross of non-compensation expenses of $2,340, $460, $476 and $1,404, respectively, for the year ended December 31, 2018.

Contract Balances

The change in the Company’s contract assets and liabilities during the period primarily reflects timing differences between the Company’s performance and the client’s payment. The Company’s receivables, contract assets and deferred revenue (contract liabilities) for the year ended December 31, 2018 are as follows:



	Receivables (Current)⁽¹⁾		Receivables (Long-term)⁽²⁾		Contract Assets (Current)⁽³⁾		Contract Assets (Long-term)⁽⁴⁾		Deferred Revenue (Current Contract Liabilities)⁽⁵⁾		Deferred Revenue (Long-term Contract Liabilities)⁽⁶⁾
Balance at January 1, 2018	$	184,993	$	34,008	$	—	$	—	$	3,147	$	1,834
Increase (Decrease)	124,082		26,940		2,833		541		869		(103		)
Balance at December 31, 2018	$	309,075	$	60,948	$	2,833	$	541	$	4,016	$	1,731


(1)	Included in Accounts Receivable on the Consolidated Statements of Financial Condition.


(2)	Included in Other Assets on the Consolidated Statements of Financial Condition.


(3)	Included in Other Current Assets on the Consolidated Statements of Financial Condition.


(4)	Included in Other Assets on the Consolidated Statements of Financial Condition.


(5)	Included in Other Current Liabilities on the Consolidated Statements of Financial Condition.


(6)	Included in Other Long-term Liabilities on the Consolidated Statements of Financial Condition.

The Company's contract assets represent arrangements in which an estimate of variable consideration has been included in the transaction price and thereby recognized as revenue that precedes the contractual due date. The application of ASC 606 resulted in advisory revenue of $3,374 being recognized on the Consolidated Statements of Operations for the year ended December 31, 2018, representing variable consideration under the standard for which it is probable that a significant reversal of revenue will not occur, substantially all of which would have been recognized in the first quarter of 2019 under the legacy accounting standard. Under ASC 606, revenue is recognized when all material conditions for completion have been met and it is probable that a significant revenue reversal will not occur in a future period.

The Company recognized revenue of $16,468 on the Consolidated Statements of Operations for the year ended December 31, 2018 that was previously included in deferred revenue on the Company’s Consolidated Statements of Financial Condition.

Generally, performance obligations under client arrangements will be settled within one year; therefore, the Company has elected to apply the practical expedient in ASC 606-10-50-14.

Business Changes and Developments

12 Months Ended

Dec. 31, 2018

Business Combinations [Abstract]

Business Changes and Developments

Business Developments

Real Estate Capital Advisory - On April 23, 2018, the Company announced the expansion of its global investment banking platform by establishing a Real Estate Capital Advisory business within its existing Private Capital Advisory L.P. ("PCA") business. This business is focused on primary and secondary transactions for real estate oriented financial sponsors and private equity investors in conjunction with PCA’s existing fund monetization and recapitalization expertise. Certain Real Estate Capital Advisory ("RECA") employees purchased interests in PCA, at fair value, resulting in an increase to Noncontrolling Interest of $770 on the Company's Consolidated Statement of Financial Condition as of December 31, 2018. See Note 16 for further information.

In conjunction with the establishment of the RECA business, the Company hired certain employees and entered into an arrangement with the former employer of these employees, which, among other things, provides for contingent consideration to be paid to the former employer of up to $4,463, based on the completion of certain client engagements. The Company accounted for this transaction as an asset acquisition and has recognized the contingent consideration paid as an expense in Professional Fees on the Company's Consolidated Statements of Operations as the related revenue from the underlying engagements is realized. The Company recognized expenses of $3,971 pursuant to this arrangement for the year ended December 31, 2018.

The Company is the general partner of PCA. Concurrent with this transaction, the Company performed an assessment under ASC 810, and concluded that PCA remains a VIE following this transaction and determined that the Company is still the primary beneficiary of this VIE. Specifically, the Company's general partner interest provides the Company with the ability to make decisions that significantly impact the economic performance of PCA, while the limited partners do not possess substantive participating rights over PCA. The Company's assessment of the primary beneficiary included assessing which parties have the power to significantly impact the economic performance and the obligation to absorb losses, which could be potentially significant to the entity, or the right to receive benefits from the entity that could be potentially significant. The assets of PCA are not generally available to the Company and the liabilities are generally non-recourse to the Company.

Evercore Trust Company Transaction - On October 18, 2017, the Company sold the Institutional Trust and Independent Fiduciary business of Evercore Trust Company, N.A. ("ETC"), which was a part of its Investment Management segment, for an adjusted purchase price of $34,842, including contingent consideration of $488. As a result of this transaction, the Company deconsolidated assets and liabilities of $28,523 and $1,489, respectively. The assets were primarily comprised of $28,442 of goodwill, representing an allocation of goodwill based on the relative fair value of the business being sold to the total fair value of the Institutional Asset Management reporting unit. This transaction resulted in a pre-tax gain on the sale of $7,808 included in Other Revenue, Including Interest and Investments, on the Consolidated Statement of Operations for the year ended December 31, 2017. In conjunction with the sale, the Company incurred $3,930 of Special Charges, related to the transition of certain employees of the sold business. Following the sale of the Institutional Trust and Independent Fiduciary business of ETC, the remaining operations of ETC were combined within the EWM operating segment.

G5 Transaction - On December 31, 2017, the Company exchanged all of its outstanding equity interests in G5 for debentures of G5. These debentures were issued by G5 at a redemption value of $60 million Brazilian real and are mandatorily redeemable on December 31, 2027, or earlier, subject to the occurrence of certain events. The Company will earn an annual coupon based on a percentage of revenues earned by G5 and G5 may be required to pre-pay a portion of the outstanding debentures subject to the achievement of certain revenue thresholds over the life of the debentures. The Company is entitled to one of six seats on the board of G5.

The Company recorded its investment in G5 as a held-to-maturity debt security of $10,995 within Investments on the Consolidated Statement of Financial Condition as of December 31, 2017, representing the fair value of the debentures at the date of the exchange, and will accrete its investment to its redemption value ratably from December 31, 2017 to December 31, 2027. The fair value of the debentures was determined to be approximately $37 million Brazilian real, which the Company determined was equivalent to the carrying value of the Company’s equity method investment in G5 at the time of the exchange. This transaction resulted in the reclassification of $16,266 of cumulative foreign currency translation losses in Accumulated Other Comprehensive Income (Loss) on the Consolidated Statement of Financial Condition to Other Revenue, Including Interest and Investments, on the Consolidated Statement of Operations for the year ended December 31, 2017. See Note 10 for further information.

Goodwill and Intangible Assets

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



	Investment Banking			Investment Management			Total
Balance at December 31, 2016⁽¹⁾	$	114,489		$	46,472		$	160,961
Impairment of Goodwill	—			(7,107		)	(7,107		)
Sale of the Institutional Trust and Independent Fiduciary business of ETC	—			(28,442		)	(28,442		)
Foreign Currency Translation and Other	8,819			—			8,819
Balance at December 31, 2017⁽²⁾	123,308			10,923			134,231
Foreign Currency Translation and Other	(2,844		)	—			(2,844		)
Balance at December 31, 2018⁽²⁾	$	120,464		$	10,923		$	131,387

(1) The amount of the Company's goodwill before accumulated impairment losses of $28,500 was $189,461 at December 31, 2016.

(2) The amount of the Company's goodwill before accumulated impairment losses of $35,607 was $166,994 and $169,838 at December 31, 2018 and 2017, respectively.

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



	December 31, 2018
	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	$	42,000	$	3,830	$	45,830	$	35,356	$	2,360	$	37,716
Other	5,320		445		5,765		3,167		334		3,501
Total	$	47,320	$	4,275	$	51,595	$	38,523	$	2,694	$	41,217

	December 31, 2017
	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	$	42,000	$	3,830	$	45,830	$	27,355	$	1,977	$	29,332
Other	5,320		445		5,765		2,407		279		2,686
Total	$	47,320	$	4,275	$	51,595	$	29,762	$	2,256	$	32,018

Expense associated with the amortization of intangible assets was $9,199, $9,793 and $11,640 for the years ended December 31, 2018, 2017 and 2016, respectively.

Based on the intangible assets above, as of December 31, 2018, annual amortization of intangibles for each of the next five years is as follows:



2019	$	7,866
2020	$	1,182
2021	$	996
2022	$	334
2023	$	—

At November 30, 2018, in accordance with ASC 350, the Company performed its annual goodwill impairment assessment. The Company concluded that the fair value of the reporting units substantially exceeded their carrying values as of November 30, 2018, with the exception of the Institutional Asset Management reporting unit, which exceeded its carrying value by approximately 14% as of November 30, 2018. Goodwill on the Consolidated Statements of Financial Condition includes $3,396 related to the Institutional Asset Management reporting unit as of December 31, 2018.

Impairments of Goodwill

During the second quarter of 2017, in accordance with ASC 350, the Company performed an impairment assessment of the goodwill remaining in the Institutional Asset Management reporting unit following the classification of the Institutional Trust and Independent Fiduciary business of ETC as Held for Sale. 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.

As a result of the above analysis, the Company determined that the fair value of the remaining business in the Institutional Asset Management reporting unit was less than its carrying value. The Company adopted ASU 2017-04 during the second quarter of 2017. Accordingly, the Company recorded a goodwill impairment charge in the Investment Management segment of $7,107, which is included within Special Charges on the Consolidated Statement of Operations for the year ended December 31, 2017. This charge resulted in a decrease of $3,694 to Net Income Attributable to Evercore Inc. (after adjustments for noncontrolling interest and income taxes) for the year ended December 31, 2017.

Acquisition and Transition Costs and Special Charges	12 Months Ended
Acquisition and Transition Costs and Special Charges	Dec. 31, 2018
Business Combinations [Abstract]
Special Charges Acquisition And Transition Costs And Intangible Asset Amortization [Text Block]	Acquisition and Transition Costs and Special Charges Acquisition and Transition Costs The Company recognized $21, $1,673 and $99 for the years ended December 31, 2018, 2017 and 2016, respectively, as Acquisition and Transition Costs incurred in connection with acquisitions, divestitures, and other ongoing business development initiatives. These costs are primarily comprised of professional fees for legal and other services. In addition, acquisition and transition costs in 2016 included the reversal of $733 of a provision for certain settlements previously established in the fourth quarter of 2015. Special Charges The Company recognized $5,012 for the year ended December 31, 2018, as Special Charges incurred related to separation benefits and costs for the termination of certain contracts associated with closing the Company's agency trading platform in the U.K. and separation benefits and related charges associated with the Company's businesses in Mexico, as well as the acceleration of depreciation expense for leasehold improvements in conjunction with the expansion of the Company's headquarters in New York. The Company recognized $25,437 for the year ended December 31, 2017, as Special Charges incurred related to a charge of $7,107 associated with the impairment of goodwill in the Company's Institutional Asset Management reporting unit, a charge of $14,400 associated with the impairment of the Company's former equity method investment in G5, and expenses of $3,930 associated with the transition of certain employees in conjunction with the sale of the Institutional Trust and Independent Fiduciary business of ETC. See Notes 5 and 10 for further information. The Company recognized $8,100 for the year ended December 31, 2016, as Special Charges incurred related to a charge associated with the impairment of the Company's investment in Atalanta Sosnoff. See Note 10 for further information.

Related Parties

12 Months Ended

Dec. 31, 2018

Related Parties

Investment Banking Revenue includes advisory fees earned from clients that have a Senior Managing Director as a member of their Board of Directors of $13,312 for the year ended December 31, 2016.

Other Assets on the Consolidated Statements of Financial Condition includes the long-term portion of loans receivable from certain employees of $16,359 and $22,309 as of December 31, 2018 and 2017, respectively.

The Company had $6,700 in subordinated borrowings with an executive officer of the Company as of December 31, 2017. In March 2018, the Company repaid all of these borrowings. See Note 13 for further information.

Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2018 and 2017:



	December 31,
	2018		2017
Advances to Employees	$	22,889	$	15,930
Personal Expenses Paid on Behalf of Employees and Related Parties	692		766
Reimbursable Expenses Relating to the Private Equity Funds	255		334
Receivable from Employees and Related Parties	$	23,836	$	17,030

Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2018 and 2017:



	December 31,
	2018		2017
Board of Director Fees	$	566	$	350
Amounts Due to U.K. Members	22,167		17,996
Amounts Due Pursuant to Tax Receivable Agreements^(a)	9,161		12,821
Payable to Employees and Related Parties	$	31,894	$	31,167


(a)	Relates to the current portion of the Member exchange of Class A LP Units for Class A Shares. The long-term portion of $94,411 and $90,375 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2018 and 2017, respectively.

Marketable Securities and Certificates of Deposit

12 Months Ended

Dec. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Marketable Securities and Certificates of Deposit

The amortized cost and estimated fair value of the Company's Marketable Securities as of December 31, 2018 and 2017 were as follows:



	December 31, 2018								December 31, 2017
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Securities Investments - Debt Securities	$	1,622	$	10	$	—	$	1,632	$	1,806	$	—	$	11	$	1,795
Securities Investments - Equity Securities	666		—		410		256		5,388		—		4,144		1,244
Debt Securities Carried by EGL	147,009		954		—		147,963		34,233		87		26		34,294
Investment Funds	56,296		402		1,922		54,776		22,027		5,678		6		27,699
Total	$	205,593	$	1,366	$	2,332	$	204,627	$	63,454	$	5,765	$	4,187	$	65,032

Scheduled maturities of the Company's available-for-sale debt securities within the Securities Investments portfolio as of December 31, 2018 and 2017 were as follows:



	December 31, 2018				December 31, 2017
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	391	$	391	$	204	$	204
Due after one year through five years	1,231		1,241		1,602		1,591
Total	$	1,622	$	1,632	$	1,806	$	1,795

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, 2018.

Securities Investments - Debt Securities

Securities Investments - Debt Securities are classified as available-for-sale securities within Marketable Securities on the Consolidated Statements of Financial Condition. These securities are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) and realized gains and losses included in earnings. The Company had net realized losses of ($28), ($38) and ($46) for the years ended December 31, 2018, 2017 and 2016, respectively.

Securities Investments - Equity Securities

Securities Investments - Equity Securities are carried at fair value with changes in fair value recorded in Other Revenue, Including Interest and Investments, beginning on January 1, 2018, on the Consolidated Statements of Operations. The Company had net realized and unrealized gains (losses) of ($193), $64 and ($1,403) for the years ended December 31, 2018, 2017 and 2016, respectively.

Debt Securities Carried by EGL

EGL invests in a fixed income portfolio consisting primarily of U.S. Treasury bills and municipal bonds. These securities are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest and Investments, on the Consolidated Statements of Operations, as required for broker-dealers in securities. The Company had net realized and unrealized gains (losses) of $546, ($865) and ($937) for the years ended December 31, 2018, 2017 and 2016, respectively.

Investment Funds

The Company invests in a portfolio of exchange-traded funds and mutual funds as an economic hedge against the Company's deferred cash compensation program. See Note 18 for further information. These securities are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest and Investments, on the Consolidated Statements of Operations. The Company had net realized and unrealized gains (losses) of ($5,113), $4,088 and $2,128 for the years ended December 31, 2018, 2017 and 2016, respectively.

Certificates of Deposit

At December 31, 2018 and 2017, the Company held certificates of deposit of $100,000 and $63,527, respectively, with certain banks with original maturities of six months or less when purchased, which matured during the first quarter of 2019 and 2018, respectively.

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, 2018

Banking and Thrift [Abstract]

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 Evercore Casa de Bolsa, S.A. de C.V. ("ECB"), enters into repurchase agreements with clients seeking overnight money market returns whereby ECB 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. ECB 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 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 had an estimated average time to maturity of approximately 2.2 years, as of December 31, 2018, 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 ECB and permit the counterparty to pledge the securities.

ECB has procedures in place to monitor the daily risk limits for positions taken, as well as the credit risk based on the collateral pledged under these agreements against their contract value from inception to maturity date. The daily risk measure is Value at Risk ("VaR"), which is a statistical measure, at a 98% confidence level, of the potential daily losses from adverse market movements in an ordinary market environment based on a historical simulation using the prior year's historical data. ECB's Risk Management Committee (the "Committee") has established a policy to maintain VaR at levels below 0.1% of the value of the portfolio. If at any point in time the threshold is exceeded, ECB personnel are alerted by an automated interface with ECB's trading systems and begin to make adjustments in the portfolio in order to mitigate the risk and bring the portfolio in compliance. Concurrently, ECB personnel must notify the Committee of the variance and the actions taken to reduce the exposure to loss.

In addition to monitoring VaR, ECB periodically performs discrete stress tests to assure that the level of potential losses that would arise from extreme market movements that may not be anticipated by VaR measures are within acceptable levels.

As of December 31, 2018 and 2017, a summary of the Company's assets, liabilities and collateral received or pledged related to these transactions was as follows:



	December 31,
	2018						2017
	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	$	22,349					$	19,374
Securities Purchased Under Agreements to Resell	2,696			$	2,701		10,645			$	10,643
Total Assets	$	25,045					$	30,019
Liabilities
Securities Sold Under Agreements to Repurchase	$	(25,075	)	$	(25,099	)	$	(30,027	)	$	(30,020	)

Investments

12 Months Ended

Dec. 31, 2018

Investments [Abstract]

Investments

The Company's investments reported on the Consolidated Statements of Financial Condition consist of investments in unconsolidated affiliated companies, other investments in private equity partnerships, an equity security in a private company and investments in G5, Glisco Manager Holdings LP and Trilantic. The Company's investments are relatively high-risk and illiquid assets.

The Company's investments in ABS, Atalanta Sosnoff, Luminis and G5 are in voting interest entities. The Company's share of earnings (losses) on these investments (through December 31, 2017 for G5, the date the Company exchanged all of its outstanding equity interests for debentures of G5) are included within Income from Equity Method Investments on the Consolidated Statements of Operations.

The Company also has investments in private equity partnerships which consist of investment interests in private equity funds which are voting interest entities. Realized and unrealized gains and losses on the private equity investments are included within Other Revenue, Including Interest and Investments, on the Consolidated Statements of Operations.

Equity Method Investments

A summary of the Company's investments accounted for under the equity method of accounting as of December 31, 2018 and 2017 was as follows:



	December 31,
	2018		2017
ABS	$	38,699	$	39,894
Atalanta Sosnoff	13,291		13,963
Luminis	6,517		5,999
Total	$	58,507	$	59,856

ABS

On December 29, 2011, the Company made an investment accounted for under the equity method of accounting in ABS Investment Management, LLC. Effective as of September 1, 2018, ABS Investment Management, LLC underwent an internal reorganization pursuant to which the Company contributed its ownership interest in ABS Investment Management, LLC to ABS in exchange for ownership interests in ABS Investment Management Holdings LP and ABS Investment Management GP LLC. Taken together, the ownership interests in ABS Investment Management Holdings LP and ABS Investment Management GP LLC are substantially equivalent to the contributed ownership interests in ABS Investment Management, LLC. At December 31, 2018, the Company's economic ownership interest in ABS was 46%. This investment resulted in earnings of $7,565, $7,990 and $4,913 for the years ended December 31, 2018, 2017 and 2016, respectively, included within Income from Equity Method Investments on the Consolidated Statements of Operations.

Atalanta Sosnoff

On December 31, 2015, the Company amended the Operating Agreement with Atalanta Sosnoff and deconsolidated its assets and liabilities, accounting for its interest under the equity method of accounting from that date forward. At December 31, 2018, the Company's economic ownership interest in Atalanta Sosnoff was 49%. This investment resulted in earnings of $1,211, $493 and $574 for the years ended December 31, 2018, 2017 and 2016, respectively, included within Income from Equity Method Investments on the Consolidated Statements of Operations.

Following the retirement of Atalanta Sosnoff's founding member during the fourth quarter of 2016, the Company performed an impairment assessment for its investment in Atalanta Sosnoff and concluded that an other-than-temporary impairment had occurred. The Company recorded an impairment charge of $8,100, included in Special Charges on the Consolidated Statement of Operations for the year ended December 31, 2016.

Luminis

On January 1, 2017, the Company acquired a 19% interest in Luminis and accounted for its interest under the equity method of accounting. This investment resulted in earnings of $518 and $499 for the years ended December 31, 2018 and 2017, respectively, included within Income from Equity Method Investments on the Consolidated Statements of Operations.

Other

The Company allocates the purchase price of its equity method investments, in part, to the inherent finite-lived identifiable intangible assets of the investees. The Company's share of the earnings of the investees has been reduced by the amortization of these identifiable intangible assets of $893, $1,505 and $3,533 for the years ended December 31, 2018, 2017 and 2016, respectively.

The Company assesses its equity method investments for impairment annually, or more frequently if circumstances indicate impairment may have occurred.

In 2010, the Company made an investment accounted for under the equity method of accounting in G5. During the second quarter of 2017, following a sustained period of economic and political instability in Brazil and after concluding that the expected recovery in the M&A markets in Brazil would be delayed for the foreseeable future, G5 experienced a decline in previously forecasted advisory backlog and as such, management of G5 revised their revenue forecast. As a result, the Company performed an assessment of the carrying value of its equity interest in G5 for other-than-temporary impairment in accordance with ASC 323-10, "Investments - Equity Method and Joint Ventures." In determining the fair value of its investment, the Company utilized both a market multiple approach and a discounted cash flow methodology based on the adjusted cash flows from operations.

As a result of the above analysis, the Company determined that the fair value of its investment in G5 was less than its carrying value and concluded this loss in value was other-than-temporary. Accordingly, the Company recorded an impairment charge in the Investment Banking segment of $14,400, which is included in Special Charges on the Consolidated Statement of Operations for the year ended December 31, 2017, resulting in a decrease in its investment in G5 to its fair value of $11,555 as of May 31, 2017.

This investment resulted in earnings (losses) of ($144) and $1,154 for the years ended December 31, 2017 and 2016, respectively, included within Income from Equity Method Investments on the Consolidated Statements of Operations. On December 31, 2017, the Company exchanged all of its outstanding equity interests in G5 for debentures of G5. See Note 5 and Debt Security Investment below for further information.

Debt Security Investment

On December 31, 2017, the Company exchanged all of its outstanding equity interests in G5 for debentures of G5. See Note 5 for further information.

The Company recorded its investment in G5 as a held-to-maturity debt security of $10,995 within Investments on the Consolidated Statement of Financial Condition as of December 31, 2017, representing the fair value of the debentures at the date of the exchange. The securities are mandatorily redeemable on December 31, 2027, or earlier, subject to the occurrence of certain events. The Company is accreting its investment to its redemption value ratably, or on an accelerated basis if certain revenue thresholds are met by G5, from December 31, 2017 to December 31, 2027. This investment is subject to currency translation from Brazilian real to the U.S. dollar, included in Other Revenue, Including Interest and Investments, on the Consolidated Statements of Operations. This investment had a balance of $9,717 as of December 31, 2018.

Investments in Private Equity

Private Equity Funds

The Company's investments related to private equity partnerships and associated entities include investments in Evercore Capital Partners II, L.P. ("ECP II"), Glisco Partners II, L.P. ("Glisco II"), Glisco Partners III, L.P. ("Glisco III"), Glisco Capital Partners IV ("Glisco IV"), Trilantic Capital Partners Associates IV, L.P. ("Trilantic IV") and Trilantic Capital Partners V, L.P. ("Trilantic V"). Portfolio holdings of the private equity funds are carried at fair value. Accordingly, the Company reflects its pro rata share of unrealized gains and losses occurring from changes in fair value. Additionally, the Company reflects its pro rata share of realized gains, losses and carried interest associated with any investment realizations.

During 2018, the Company made an investment of $45 in Glisco IV, the general partner of Glisco Partners IV, L.P.

On December 31, 2014, ECP II was terminated. The Company's investment at December 31, 2018 of $795 is comprised of its remaining interest in the general partner, including $786 in cash and $9 in securities. In addition, as of December 31, 2017, Discovery Americas I, L.P. was fully distributed. On September 30, 2016, the Company completed the transfer of ownership and control of the Mexican Private Equity business Glisco Partners Inc. ("Glisco"), which is controlled by the principals of the business.

A summary of the Company's investments in the private equity funds as of December 31, 2018 and 2017 was as follows:



	December 31,
	2018		2017
ECP II	$	795	$	833
Glisco II, Glisco III and Glisco IV	3,880		6,558
Trilantic IV and Trilantic V	5,125		6,421
Total Private Equity Funds	$	9,800	$	13,812

Net realized and unrealized gains (losses) on private equity fund investments were ($397), ($915) and $7,616 for the years ended December 31, 2018, 2017 and 2016, respectively. During the year ended December 31, 2018, Glisco II, Trilantic IV and Trilantic V made distributions of $2,059, $194 and $1,549, respectively. During the year ended December 31, 2017, Glisco II and Trilantic V made distributions of $2,106 and $2,311, respectively. In the event the funds perform poorly, the Company may be obligated to repay certain carried interest previously distributed. As of December 31, 2018, there was no previously distributed carried interest received from the Company's managed funds that was subject to repayment.

General Partners of Private Equity Funds which are VIEs

The Company has concluded that Evercore Partners II, L.L.C. ("EP II L.L.C."), the general partner of ECP II, is a VIE pursuant to ASC 810. The Company owned 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. and has not consolidated EP II L.L.C. in the Company's consolidated financial statements.

Following the Glisco transaction, the Company concluded that Glisco Capital Partners II, Glisco Capital Partners III ("GCP III") and Glisco Manager Holdings LP are VIEs and that the Company is not the primary beneficiary of these VIEs. The Company's assessment of the primary beneficiary of these entities included assessing which parties have the power to significantly impact the economic performance of these entities and the obligation to absorb losses, which could be potentially significant to the entities, or the right to receive benefits from the entities that could be potentially significant. Neither the Company nor its related parties will have the ability to make decisions that significantly impact the economic performance of these entities. Further, as a limited partner in these entities, the Company does not possess substantive participating rights. The Company had assets of $5,445 and $8,730 included in its Consolidated Statements of Financial Condition at December 31, 2018 and 2017, respectively, related to these unconsolidated VIEs, representing the carrying value of the Company's investments in the entities. The Company's exposure to the obligations of these VIEs is generally limited to its investments in these entities. The Company's maximum exposure to loss as of December 31, 2018 and 2017 was $8,048 and $10,996, respectively, which represents the carrying value of the Company's investments in these VIEs, as well as any unfunded commitments to the current and future funds.

Investment in Trilantic Capital Partners

In 2010, the Company made a limited partnership investment in Trilantic in exchange for 500 Class A LP Units having a fair value of $16,090. This investment gave the Company the right to invest in Trilantic's current and future private equity funds, beginning with Trilantic Fund IV. The Company accounts for this investment at its cost minus impairment, if any, plus or minus changes resulting from observable price changes. The Company allocates the cost of this investment to its investments in current and future Trilantic funds as the Company satisfies the capital calls of these funds. The Company bases this allocation on its expectation of Trilantic's future fundraising ability and performance. During 2018, $467 of this investment was allocated to Trilantic Fund V. From 2010 to 2017, $4,513 and $1,178 of this investment was allocated to Trilantic Fund V and IV, respectively. This investment had a balance of $9,932 and $10,399 as of December 31, 2018 and 2017, respectively. The Company has a $5,000 commitment to invest in Trilantic Fund V, of which $582 was unfunded at December 31, 2018. The Company also has a $12,000 commitment to invest in Trilantic Fund VI, all of which was unfunded at December 31, 2018. The Company funded $2,200 of this commitment in January 2019.

Other Investments

In 2015, the Company received an equity security in a private company in exchange for advisory services. This investment is accounted for at its cost minus impairment, if any, plus or minus changes resulting from observable price changes and had a balance of $1,079 as of December 31, 2018 and 2017.

Following the Glisco transaction in 2016, the Company recorded an investment in Glisco Manager Holdings LP representing the fair value of the deferred consideration resulting from this transaction. This investment is accounted for at its cost minus impairment, if any, plus or minus changes resulting from observable price changes. The Company amortizes the balance of its investment as distributions are received related to the deferred consideration. This investment had a balance of $1,609 and $2,172 as of December 31, 2018 and 2017, respectively.

Fair Value Measurements

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value Measurements

ASC 820 establishes a hierarchical disclosure framework which prioritizes and ranks the level of market price observability used in measuring investments at fair value. Market price observability is affected by a number of factors, including the type of investment and the characteristics specific to the investment. Investments with readily-available active quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value.

Investments measured and reported at fair value are classified and disclosed in one of the following categories:

Level 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, listed derivatives and treasury bills. As required by ASC 820, the Company does not adjust the quoted price for these investments, even in situations where the Company holds a large position and a sale could reasonably impact the quoted price.

Level 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 the Corporate Bonds, Municipal Bonds, Other Debt Securities and Securities Investments held at December 31, 2018 and 2017 are based on 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 financial assets measured at fair value on a recurring basis as of December 31, 2018 and 2017:



	December 31, 2018
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities⁽¹⁾	$	109,577	$	62,801	$	—	$	172,378
Securities Investments⁽²⁾	6,232		1,982		—		8,214
Investment Funds	54,776		—		—		54,776
Financial Instruments Owned and Pledged as Collateral at Fair Value	22,349		—		—		22,349
Total Assets Measured At Fair Value	$	192,934	$	64,783	$	—	$	257,717

	December 31, 2017
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities⁽¹⁾	$	—	$	44,648	$	—	$	44,648
Securities Investments⁽²⁾	4,336		1,795		—		6,131
Investment Funds	27,699		—		—		27,699
Financial Instruments Owned and Pledged as Collateral at Fair Value	19,374		—		—		19,374
Total Assets Measured At Fair Value	$	51,409	$	46,443	$	—	$	97,852


(1)	Includes $24,415 and $10,354 of treasury bills, municipal bonds and commercial paper classified within Cash and Cash Equivalents on the Consolidated Statements of Financial Condition as of December 31, 2018 and 2017, respectively.


(2)	Includes $6,326 and $3,092 of treasury bills and notes and municipal bonds classified within Cash and Cash Equivalents on the Consolidated Statements of Financial Condition as of December 31, 2018 and 2017, 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 years ended December 31, 2018 and 2017.

During the second quarter of 2017, the Company determined that the fair value of the Institutional Asset Management reporting unit was $14,401. The fair value of the reporting unit was estimated by utilizing both a market multiple approach and a discounted cash flow methodology based on the adjusted cash flows from operations. Goodwill is measured at fair value on a non-recurring basis as a Level III asset. See Note 5 for further information.

In addition, during the second quarter of 2017, the Company determined that the fair value of its former equity method investment in G5 was $11,555. The fair value of the investment was estimated by utilizing both a market multiple approach and a discounted cash flow methodology based on the adjusted cash flows from operations. The equity method investment is measured at fair value on a non-recurring basis as a Level III asset. See Note 10 for further information.

The carrying amount and estimated fair value of the Company's financial instrument assets and liabilities, which are not measured at fair value on the Consolidated Statements of Financial Condition, are listed in the tables below.



			December 31, 2018
	Carrying		Estimated Fair Value
	Amount		Level I		Level II		Level III		Total
Financial Assets:
Cash and Cash Equivalents	$	759,849	$	759,849	$	—	$	—	$	759,849
Certificates of Deposit	100,000		—		100,000		—		100,000
Debt Security Investment	9,717		—		—		9,717		9,717
Securities Purchased Under Agreements to Resell	2,696		—		2,696		—		2,696
Receivables⁽¹⁾	370,023		—		369,636		—		369,636
Contract Assets⁽²⁾	3,374		—		3,348		—		3,348
Receivable from Employees and Related Parties	23,836		—		23,836		—		23,836
Closely-held Equity Security	1,079		—		—		1,079		1,079
Financial Liabilities:
Accounts Payable and Accrued Expenses	$	37,948	$	—	$	37,948	$	—	$	37,948
Securities Sold Under Agreements to Repurchase	25,075		—		25,075		—		25,075
Payable to Employees and Related Parties	31,894		—		31,894		—		31,894
Notes Payable	168,612		—		166,555		—		166,555

			December 31, 2017
	Carrying		Estimated Fair Value
	Amount		Level I		Level II		Level III		Total
Financial Assets:
Cash and Cash Equivalents	$	596,141	$	596,141	$	—	$	—	$	596,141
Certificates of Deposit	63,527		—		63,527		—		63,527
Debt Security Investment	10,995		—		—		10,995		10,995
Securities Purchased Under Agreements to Resell	10,645		—		10,645		—		10,645
Accounts Receivable	184,993		—		184,993		—		184,993
Receivable from Employees and Related Parties	17,030		—		17,030		—		17,030
Closely-held Equity Security	1,079		—		—		1,079		1,079
Financial Liabilities:
Accounts Payable and Accrued Expenses	$	34,111	$	—	$	34,111	$	—	$	34,111
Securities Sold Under Agreements to Repurchase	30,027		—		30,027		—		30,027
Payable to Employees and Related Parties	31,167		—		31,167		—		31,167
Notes Payable	168,347		—		171,929		—		171,929
Subordinated Borrowings	6,799		—		6,859		—		6,859


(1)	Includes Accounts Receivable and Long-term receivables included in Other Assets on the Consolidated Statements of Financial Condition. The adoption of ASU 2016-01 in 2018 resulted in the Company prospectively including the fair value of its receivables that are due in excess of one year in the above table.


(2)	Includes current and long-term contract assets included in Other Current Assets and Other Assets on the Consolidated Statements of Financial Condition.

- Definition

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.

+ References + Details

Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Furniture, Equipment and Leasehold Improvements

Furniture, Equipment and Leasehold Improvements consisted of the following:



	December 31,
	2018			2017
Furniture and Equipment	$	39,349		$	31,715
Leasehold Improvements	91,597			72,199
Computer and Technology-related	39,617			34,943
Total	170,563			138,857
Less: Accumulated Depreciation and Amortization	(89,494		)	(70,264		)
Furniture, Equipment and Leasehold Improvements, Net	$	81,069		$	68,593

Depreciation and amortization expense for Furniture, Equipment and Leasehold Improvements totaled $17,855, $15,026 and $13,160 for the years ended December 31, 2018, 2017 and 2016, respectively. In addition, the Company recognized Special Charges of $2,058 for the year ended December 31, 2018 related to the acceleration of depreciation expense for leasehold improvements in conjunction with the expansion of our headquarters in New York. See Note 6 for further information.

Notes Payable and Subordinated Borrowings

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Notes Payable and Subordinated Borrowings

On March 30, 2016, the Company issued an aggregate of $170,000 of senior notes, including: $38,000 aggregate principal amount of its 4.88% Series A senior notes due 2021 (the "Series A Notes"), $67,000 aggregate principal amount of its 5.23% Series B senior notes due 2023 (the "Series B Notes"), $48,000 aggregate principal amount of its 5.48% Series C senior notes due 2026 (the "Series C Notes") and $17,000 aggregate principal amount of its 5.58% Series D senior notes due 2028 (the "Series D Notes" and together with the Series A Notes, the Series B Notes and the Series C Notes, the "Private Placement Notes"), pursuant to a note purchase agreement (the "Note Purchase Agreement") dated as of March 30, 2016, among the Company and the purchasers party thereto in a private placement exempt from registration under the Securities Act of 1933.

Interest on the Private Placement Notes is payable semi-annually and the Private Placement Notes are guaranteed by certain of the Company's domestic subsidiaries. The Company may, at its option, prepay all, or from time to time any part of, the Private Placement Notes (without regard to Series), in an amount not less than 5% of the aggregate principal amount of the Private Placement Notes then outstanding at 100% of the principal amount thereof plus an applicable "make-whole amount." Upon the occurrence of a change of control, the holders of the Private Placement Notes will have the right to require the Company to prepay the entire unpaid principal amounts held by each holder of the Private Placement Notes plus accrued and unpaid interest to the prepayment date. The Note Purchase Agreement contains customary covenants, including financial covenants requiring compliance with a maximum leverage ratio, a minimum tangible net worth and a minimum interest coverage ratio, and customary events of default. As of December 31, 2018, the Company was in compliance with all of these covenants.

The Company used $120,000 of the net proceeds from the Private Placement Notes to repay outstanding borrowings under the senior credit facility with Mizuho Bank, Ltd. ("Mizuho") on March 30, 2016 and used the remaining net proceeds for general corporate purposes.

Notes Payable is comprised of the following as of December 31, 2018 and 2017:



				Carrying Value^(a)
				December 31,
Note	Maturity Date	Effective Annual Interest Rate		2018		2017
Evercore Inc. 4.88% Series A Senior Notes	3/30/2021	5.16	%	$	37,776	$	37,684
Evercore Inc. 5.23% Series B Senior Notes	3/30/2023	5.44	%	66,466		66,356
Evercore Inc. 5.48% Series C Senior Notes	3/30/2026	5.64	%	47,542		47,493
Evercore Inc. 5.58% Series D Senior Notes	3/30/2028	5.72	%	16,828		16,814
Total				$	168,612	$	168,347


(a)	Carrying value has been adjusted to reflect the presentation of debt issuance costs as a direct reduction from the related liability.

The Company had subordinated borrowings, principally with an executive officer of the Company, due on October 31, 2019. These borrowings had a coupon of 5.5%, payable semi-annually. In March 2018, the Company repaid $6,700 of the original borrowings and in May 2018, the Company repaid the remaining $99 of the original borrowings. In February and April 2017, the Company repaid $6,000 and $3,751, respectively, of the original borrowings. The Company had $6,799 in subordinated borrowings pursuant to these agreements as of December 31, 2017.

As of December 31, 2018, the future payments required on the Notes Payable, including principal and interest, were as follows:



2019	$	8,937
2020	8,937
2021	46,010
2022	7,083
2023	72,331
Thereafter	75,844
Total	$	219,142

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2018
Retirement Benefits [Abstract]
Employee Benefit Plans	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 "Evercore 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 Evercore Plan was formed on February 1, 1996 and subsequently amended. The Evercore Plan's 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 Evercore Plan. The Company made no contributions for the years ended December 31, 2018, 2017 and 2016. Evercore Europe Defined Contribution Benefit Plan – Evercore Partners Limited ("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 and members. The Evercore Europe Plan, for employees starting between November 2006 and July 2011, 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 have elected to participate in the plan prior to July 2011, and Evercore Europe has a minimum annualized contribution of 15% to 50% of an employee's salary for all the employees who participated, depending on the respective employee's level within the Company. These employees are also eligible to contribute up to 10% of their salary to the Evercore Europe Plan and 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 Evercore Europe Plan, for employees starting after July 2011, has a salary deferral feature as permitted under existing tax guidelines for HM Customs and Revenue. Evercore Europe has a minimum annualized contribution of 15.0% of an employee's salary. Employees are also eligible to contribute a percentage of their salary to the Evercore Europe Plan, however, any contribution made does not entitle them to a matching contribution from Evercore Europe. The Company made contributions to the Evercore Europe Plan of $2,915, $3,145 and $3,524 for the years ended December 31, 2018, 2017 and 2016, respectively. ISI U.K. Personal Pension Plan – For employees of ISI U.K., a personal pension plan is available for all employees to contribute a percentage of their salary. The Company contributed up to 5% of an employee's salary through March 2018; starting in April 2018, the Company will contribute up to 6% of an employee's salary. The Company made contributions to the ISI U.K. Personal Pension Plan of $137, $165 and $82 for the years ended December 31, 2018, 2017 and 2016, respectively.

Evercore Inc. Stockholders' Equity	12 Months Ended
Evercore Inc. Stockholders' Equity	Dec. 31, 2018
Equity [Abstract]
Evercore Inc. Stockholders' Equity	Evercore Inc. Stockholders' Equity Dividends – The Company's Board of Directors declared on January 29, 2019, a quarterly cash dividend of $0.50 per share, to the holders of record of shares of Class A Shares as of February 22, 2019, which will be paid on March 8, 2019. During the year ended December 31, 2018, the Company declared and paid dividends of $1.90 per share, totaling $77,302, and accrued deferred cash dividends on unvested RSUs, totaling $12,288. During the year ended December 31, 2017, the Company declared and paid dividends of $1.42 per share, totaling $56,521, and accrued deferred cash dividends on unvested RSUs, totaling $9,815. Treasury Stock – During the year ended December 31, 2018, the Company purchased 1,085 Class A Shares primarily from employees at values ranging from $79.47 to $115.30 per share (at an average cost per share of $99.64), primarily for the net settlement of stock-based compensation awards, and 2,021 Class A Shares at market values ranging from $80.05 to $112.30 per share (at an average cost per share of $89.81) pursuant to the Company's share repurchase program. The aggregate 3,106 Class A Shares were purchased at an average cost per share of $93.24 and the result of these purchases was an increase in Treasury Stock of $289,681 on the Company's Consolidated Statement of Financial Condition as of December 31, 2018. During the year ended December 31, 2017, the Company purchased 1,159 Class A Shares primarily from employees at values ranging from $50.90 to $90.50 per share (at an average cost per share of $77.95), primarily for the net settlement of stock-based compensation awards, and 2,757 Class A Shares at market values ranging from $67.37 to $78.81 per share (at an average cost per share of $73.75) pursuant to the Company's share repurchase program. The aggregate 3,916 Class A Shares were purchased at an average cost per share of $74.99 and the result of these purchases was an increase in Treasury Stock of $293,753 on the Company's Consolidated Statement of Financial Condition as of December 31, 2017. LP Units – During the year ended December 31, 2018, 1,182 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $12 and $46,583, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2018. See Note 21 for further discussion. During the year ended December 31, 2017, 1,213 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $12 and $44,729, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2017. Accumulated Other Comprehensive Income (Loss) – As of December 31, 2018, Accumulated Other Comprehensive Income (Loss) on the Company's Consolidated Statement of Financial Condition includes an accumulated Unrealized Gain (Loss) on Marketable Securities and Investments, net, and Foreign Currency Translation Adjustment Gain (Loss), net, of ($3,525) and ($26,909), respectively. The application of ASU 2016-01 resulted in the reclassification of $2,229 of cumulative unrealized losses, net of tax, on Marketable Securities in Accumulated Other Comprehensive Income (Loss) to Retained Earnings on the Consolidated Statement of Financial Condition as of January 1, 2018. See Note 3 for further information. The G5 transaction resulted in the reclassification of $16,266 of cumulative foreign currency translation losses in Accumulated Other Comprehensive Income (Loss) on the Consolidated Statement of Financial Condition to Other Revenue, Including Interest and Investments, on the Consolidated Statement of Operations for the year ended December 31, 2017. See Note 5 for further information.

Noncontrolling Interest

12 Months Ended

Dec. 31, 2018

Noncontrolling Interest [Abstract]

Noncontrolling Interest

Noncontrolling Interest recorded in the consolidated financial statements of the Company relates to the following approximate interests in certain consolidated subsidiaries, which are not owned by the Company:



	December 31,
	2018		2017		2016
Subsidiary:
Evercore LP	11	%	12	%	14	%
EWM⁽¹⁾	43	%	42	%	42	%
PCA⁽¹⁾	24	%	25	%	39	%

(1) Noncontrolling Interests represent a blended rate for multiple classes of interests.

The Noncontrolling Interests for Evercore LP, EWM and PCA have rights, in certain circumstances, to convert into Class A Shares.

Changes in Noncontrolling Interest for the years ended December 31, 2018, 2017 and 2016 were as follows:



	For the Years Ended December 31,
	2018			2017			2016
Beginning balance	$	252,404		$	256,033		$	202,664

Comprehensive Income (Loss):
Net Income Attributable to Noncontrolling Interest	65,611			53,753			40,984
Other Comprehensive Income (Loss)	(203		)	3,375			(3,737		)
Total Comprehensive Income	65,408			57,128			37,247

Evercore LP Units Purchased or Converted into Class A Shares	(46,594		)	(47,263		)	(16,480		)

Amortization and Vesting of LP Units/Interests	19,860			14,922			81,392

Other Items:
Distributions to Noncontrolling Interests	(41,413		)	(36,374		)	(38,154		)
Issuance of Noncontrolling Interest	1,165			8,460			885
Purchase of Noncontrolling Interest	(1,011		)	(281		)	(5,225		)
Deconsolidation of GCP III	—			—			(5,808		)
Other, net	—			(221		)	(488		)
Total Other Items	(41,259		)	(28,416		)	(48,790		)

Ending balance	$	249,819		$	252,404		$	256,033

Other Comprehensive Income - Other Comprehensive Income (Loss) attributed to Noncontrolling Interest includes Unrealized Gain (Loss) on Marketable Securities and Investments, net, of ($43), $75 and ($699) for the years ended December 31, 2018, 2017 and 2016, respectively, and Foreign Currency Translation Adjustment Gain (Loss), net, of ($160), $3,300 and ($3,038) for the years ended December 31, 2018, 2017 and 2016, respectively.

Interests Issued - During 2018, in conjunction with the establishment of the RECA business, certain employees of that business purchased interests, at fair value, in PCA, resulting in an increase to Noncontrolling Interest of $770 on the Company's Consolidated Statement of Financial Condition as of December 31, 2018. See Note 5 for further information.

During the year ended December 31, 2017, the Company issued 112 Class A LP Units primarily as settlement of contingent consideration, resulting in an increase to Noncontrolling Interest of $8,460 on the Company's Consolidated Statement of Financial Condition as of December 31, 2017.

Interests Purchased - On March 29, 2018, the Company purchased, at fair value, an additional 15% of PCA for $25,525. On March 3, 2017, the Company purchased, at fair value, an additional 13% of PCA for $7,071, and on December 11, 2017, the Company purchased, at fair value, an additional 1% of PCA for $1,429. These purchases resulted in a decrease to Noncontrolling Interest of $298 and $281 and a decrease to Additional Paid-In-Capital of $25,227 and $8,219, on the Company's Consolidated Statements of Financial Condition as of December 31, 2018 and 2017, respectively.

During the year ended December 31, 2017, the Company purchased 32 LP Units and certain other rights from noncontrolling interest holders, resulting in a decrease to Noncontrolling Interest of $2,523 on the Company's Consolidated Statement of Financial Condition as of December 31, 2017.

During the year ended December 31, 2016, the Company purchased 5 LP Units and certain other rights from a noncontrolling interest holder, resulting in a decrease to Noncontrolling Interest of $235 on the Company's Consolidated Statement of Financial Condition as of December 31, 2016.

In addition, LP Units were exchanged for Class A Shares during the years ended December 31, 2018, 2017 and 2016. See Note 15 for further information.

On January 29, 2016, the Company purchased, at fair value, all of the noncontrolling interest in ECB for $6,482, resulting in a decrease to Noncontrolling Interest of $5,225 and a decrease to Additional Paid-In-Capital of $1,257 on the Company's Consolidated Statement of Financial Condition as of December 31, 2016.

GCP III - On July 19, 2016, the Company and the principals of its Mexican Private Equity business entered into an agreement to transfer ownership of its Mexican Private Equity business and related entities to Glisco. Upon the closing of this transaction, which occurred on September 30, 2016, the Company deconsolidated the noncontrolling interest in GCP III of $5,808.

Net Income Per Share Attributable to Evercore Inc. Common Shareholders

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Net Income Per Share Attributable to Evercore Inc. Common Shareholders

The calculations of basic and diluted net income per share attributable to Evercore Inc. common shareholders for the years ended December 31, 2018, 2017 and 2016 are described and presented below.



	For the Years Ended December 31,
	2018		2017		2016
Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Numerator:
Net income attributable to Evercore Inc. common shareholders	$	377,240	$	125,454	$	107,528
Denominator:
Weighted average Class A Shares outstanding, including vested RSUs	40,595		39,641		39,220
Basic net income per share attributable to Evercore Inc. common shareholders	$	9.29	$	3.16	$	2.74
Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Numerator:
Net income attributable to Evercore Inc. common shareholders	$	377,240	$	125,454	$	107,528
Noncontrolling interest related to the assumed exchange of LP Units for Class A Shares	(b)		(b)		(b)
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above	(b)		(b)		(b)
Diluted net income attributable to Evercore Inc. common shareholders	$	377,240	$	125,454	$	107,528
Denominator:
Weighted average Class A Shares outstanding, including vested RSUs	40,595		39,641		39,220
Assumed exchange of LP Units for Class A Shares^(a)(b)	1,378		842		—
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	2,906		2,719		2,065
Shares that are contingently issuable^(c)	400		1,624		2,908
Diluted weighted average Class A Shares outstanding	45,279		44,826		44,193
Diluted net income per share attributable to Evercore Inc. common shareholders	$	8.33	$	2.80	$	2.43

(a)

The Company has outstanding Class J LP Units, which convert into Class E LP Units and ultimately become exchangeable into Class A Shares on a one-for-one basis. During the years ended December 31, 2018 and 2017, the Class J LP Units were dilutive and consequently the effect of their exchange into Class A Shares has been included in the calculation of diluted net income per share attributable to Evercore Inc. common shareholders under the if-converted method. In computing this adjustment, the Company assumes that all Class J LP Units are converted into Class A Shares.

(b)

The Company also has outstanding Class A and E LP Units in Evercore LP, which give the holders the right to receive Class A Shares upon exchange on a one-for-one basis. During the years ended December 31, 2018, 2017 and 2016, the Class A and E LP Units were antidilutive and consequently the effect of their exchange into Class A Shares has been excluded from the calculation of diluted net income per share attributable to Evercore Inc. common shareholders. The units that would have been included in the denominator of the computation of diluted net income per share attributable to Evercore Inc. common shareholders if the effect would have been dilutive were 5,075, 5,920 and 6,397 for the years ended December 31, 2018, 2017 and 2016, respectively. The adjustment to the numerator, diluted net income attributable to Class A common shareholders, if the effect would have been dilutive, would have been $46,060, $28,186 and $18,196 for the years ended December 31, 2018, 2017 and 2016, respectively. In computing this adjustment, the Company assumes that all vested Class A LP Units and all Class E LP Units are converted into Class A Shares, that all earnings attributable to those shares are attributed to Evercore Inc. and that the Company is subject to the statutory tax rates of a C-Corporation under a conventional corporate tax structure in the U.S. at prevailing corporate tax rates. The Company does not anticipate that the Class A and E LP Units will result in a dilutive computation in future periods.

(c)

The Company previously had outstanding Class G and H LP Interests which were contingently exchangeable into Class E LP Units, and ultimately Class A Shares, and has outstanding Class I-P Units which are contingently exchangeable into Class I LP Units, and ultimately Class A Shares, and outstanding Class K-P Units which are contingently exchangeable into Class K LP Units, and ultimately Class A Shares, as they are subject to certain performance thresholds being achieved. In July 2017, the Company exchanged all of the outstanding Class H LP Interests for a number of Class J LP Units. As of December 31, 2017, all of the Class G LP Interests either converted into Class E LP Units or were forfeited pursuant to their performance terms. See Note 18 for further discussion. For the purposes of calculating diluted net income per share attributable to Evercore Inc. common shareholders, the Company's Class G and H LP Interests and Class I-P and Class K-P Units are included in diluted weighted average Class A Shares outstanding as of the beginning of the period in which all necessary performance conditions have been satisfied. If all necessary performance conditions have not been satisfied by the end of the period, the number of shares that are included in diluted weighted average Class A Shares outstanding is based on the number of shares that would be issuable if the end of the reporting period were the end of the performance period. The Interests/Units that were assumed to be converted to an equal number of Class A Shares for purposes of computing diluted net income per share attributable to Evercore Inc. common shareholders were 400, 1,624 and 2,908 for the years ended December 31, 2018, 2017 and 2016, respectively.

The shares of Class B common stock have no right to receive dividends or a distribution on liquidation or winding up of the Company. The shares of Class B common stock do not share in the earnings of the Company and no earnings are allocable to such class. Accordingly, basic and diluted net income per share of Class B common stock have not been presented.

Share-Based and Other Deferred Compensation

12 Months Ended

Dec. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based and Other Deferred Compensation

LP Units

Equities business - In conjunction with the acquisition of the operating businesses of ISI in 2014, the Company issued Evercore LP units and interests which have been treated as compensation, including 710 vested Class E LP Units and an allocation of the value, attributed to post-combination service, of 710 Class E LP Units that vested ratably on October 31, 2015, 2016 and 2017 and became exchangeable into Class A Shares upon vesting, subject to certain liquidated damages and continued employment provisions. Compensation expense related to Class E LP Units was $17,962 and $21,077 for the years ended December 31, 2017 and 2016, respectively. The Class E LP Units were fully expensed at December 31, 2017.

The Company also issued 538 vested and 540 unvested Class G LP Interests, which vested ratably and became exchangeable into Class A Shares of the Company in February 2016, 2017 and 2018 if certain earnings before interest and taxes, excluding underwriting, ("Management Basis EBIT") margin thresholds within a range of 12% to 16%, were achieved for the calendar year preceding the date the interests become exchangeable. In the event of death, disability or termination of employment without cause, unvested Class G LP Interests could be canceled or vest based on determination of expected performance, based on a decision by Management. As of December 31, 2017, all of the Class G LP Interests either converted into Class E LP Units or were forfeited pursuant to their performance terms.

In addition, in conjunction with the acquisition of ISI, the Company also issued 2,044 vested and 2,051 unvested Class H LP Interests, which would have vested ratably on February 15, 2018, 2019 and 2020. Subject to continued employment, the Company's vested Class H LP Interests would have become exchangeable in February 2018, 2019 and 2020, if certain average Management Basis EBIT and Management Basis EBIT margin thresholds, within ranges of $8,000 to $48,000 and 7% to 17%, respectively, were achieved for the three calendar years preceding the date the interests become exchangeable. In the event of death, disability or termination of employment without cause, unvested Class H LP Interests could be canceled or vest based on determination of expected performance, based on a decision by Management.

In July 2017, the Company exchanged all of the outstanding 4,148 Class H LP Interests for 1,012 vested (963 of which were subject to certain liquidated damages and continued employment provisions) and 938 unvested Class J LP Units. These units convert into an equal amount of Class E LP Units, and become exchangeable into Class A Shares of the Company, ratably on February 15, 2018, 2019 and 2020. These Class J LP Units have the same vesting and delivery schedule, acceleration and forfeiture triggers, and distribution rights as the Class H LP Interests. In connection with this exchange, one share of Class B common stock has been issued to each holder of Class J LP Units, which entitles each holder to one vote on all matters submitted generally to holders of Class A and Class B common stock for each Class E LP Unit and Class J LP Unit held. As the number of Class J LP Units exchanged was within the number of Class H LP Interests that the Company determined were probable of being exchanged on the date of modification, the Company is expensing the previously unrecognized grant date fair value of the Class H LP Interests ratably over the remaining vesting period of the Class J LP Units. Compensation expense related to the Class J LP Units was $15,054 and $6,020 for the years ended December 31, 2018 and 2017, respectively.

On February 15, 2019, 632 Class J LP Units vested and were converted to an equal amount of Class E LP Units.

Based on Evercore ISI's results for the year ended December 31, 2017, as well as the Company's revised outlook for the Evercore ISI business, the Company determined that the achievement of the remaining performance thresholds for certain of the Class G LP Interests was no longer probable at December 31, 2017. Prior to the exchange into Class J LP Units in 2017, the Company had determined that the achievement of the remaining performance thresholds for certain of the Class H LP Interests was probable at June 30, 2017, but at a lower assumed performance level than previously determined. These determinations resulted in previously recognized expense of $26,224 for certain of the Class G and H LP Interests being reversed during the first quarter of 2017. The determination assumed a Management Basis EBIT margin of 11.7% and an annual Management Basis EBIT of $26,904 being achieved in 2017 and a Management Basis EBIT margin of 14.0% and an annual Management Basis EBIT of $34,357 being achieved in 2018 and 2019 for Evercore ISI, which would have resulted in 2,005 Class H LP Interests vesting and becoming exchangeable into Class E LP Units. Accordingly, $12,897 of expense was reversed for the year ended December 31, 2017 for the Class G and H LP Interests.

For the year ended December 31, 2016, the Company had determined that the achievement of certain of the remaining performance thresholds for the Class G and H LP Interests was probable and assumed a Management Basis EBIT margin of 16.1% and an annual Management Basis EBIT of $39,634 being achieved over the performance period for Evercore ISI. Accordingly, $59,357 of expense was recorded for the year ended December 31, 2016 for the Class G and H LP Interests.

During the first quarter of 2017, the Company amended the terms of 19 Class E LP Units, 14 Class G LP Interests and 162 Class H LP Interests for an exiting employee. The amendment resulted in expense, included within compensation expense related to the Class E LP Units and Class G and H LP Interests above, of $3,532 for the year ended December 31, 2017, reflecting the reversal of all previous expense related to these awards and the subsequent amortization of the awards at the amended grant date fair value of $14,891. These awards were amortized ratably through June 30, 2017.

The following table summarizes activity related to the LP Units for the Company's equities business during the year ended December 31, 2018. In this table, awards whose service conditions have not yet been achieved are reflected as unvested:



	Class J LP Units
	Number of Units		Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2018	1,897		$	36,272
Granted	—		—
Modified	—		—
Forfeited	—		—
Vested	(632	)	(12,091		)
Unvested Balance at December 31, 2018	1,265		$	24,181

Other Performance-based Awards - In November 2016, the Company issued 400 Class I-P Units in conjunction with the appointment of the Executive Chairman. These Class I-P Units convert into a specified number of Class I LP Units, which are exchangeable on a one-for-one basis to Class A Shares, contingent on the achievement of certain market and service conditions, subject to vesting upon specified termination events (including retirement, upon satisfying certain eligibility criteria, on or following January 15, 2022, subject to a one year prior written notice requirement) or a change in control. These Class I-P Units are segregated into two groups of 200 units each, with share price threshold vesting conditions which are required to exceed a certain level for 20 consecutive trading days (which were met as of March 31, 2017). The Company determined the fair value of the award to be $24,412 and is expensing the award ratably over the implied service period, which ends on March 1, 2022. As the award contains market-based conditions, the entire expense will be recognized if the award does not vest for any reason other than the service conditions. Compensation expense related to this award was $4,619 for the years ended December 31, 2018 and 2017 and $544 for the year ended December 31, 2016.

In November 2017, the Company issued 64 Class K-P Units to an employee of the Company. These Class K-P Units convert into a specified number of Class K LP Units, which are exchangeable on a one-for-one basis to Class A Shares, contingent upon the achievement of certain defined benchmark results and continued service through December 31, 2021. An additional 16 Class K-P Units may be issued contingent upon the achievement of certain defined benchmark results and continued service through December 31, 2021. The Company determined the fair value of the award probable to vest to be $5,000 and records expense for these units over the service period. Compensation expense related to this award was $1,200 and $197 for the years ended December 31, 2018 and 2017, respectively.

As of December 31, 2018, the total compensation cost not yet recognized related to the Class J LP Units, I-P and K-P Units, including awards which are subject to performance conditions, was $33,034. The weighted-average period over which this compensation cost is expected to be recognized is 19 months.

Stock Incentive Plan

In 2006 the Company's stockholders and board of directors adopted the Evercore Inc. 2006 Stock Incentive Plan. The total number of Class A Shares which could be issued under this plan was 20,000. During the second quarter of 2013, the Company's stockholders approved the Amended and Restated 2006 Evercore Inc. Stock Incentive Plan (the "2006 Plan"). The amended and restated plan, among other things, authorized an additional 5,000 shares of the Company's Class A Shares.

During 2016, the Company's stockholders approved the Amended and Restated 2016 Evercore Inc. Stock Incentive Plan (the "2016 Plan"). The 2016 Plan, among other things, authorizes an additional 10,000 shares of the Company's Class A Shares. The 2016 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 Shares. The Company intends to use newly-issued Class A Shares to satisfy any awards under the 2016 Plan and its predecessor plan. Class A Shares underlying any award granted under the 2016 Plan that expire, terminate or are canceled or satisfied for any reason without being settled in stock again become available for awards under the plans. The total shares available to be granted in the future under the 2016 Plan was 5,349 and 7,247 as of December 31, 2018 and 2017, respectively.

The Company also grants, at its discretion, dividend equivalents, in the form of unvested RSU awards, or deferred cash dividends, concurrently with the payment of dividends to the holders of Class A Shares, on all unvested RSU grants awarded in conjunction with annual bonuses, as well as new hire awards. The dividend equivalents have the same vesting and delivery terms as the underlying RSU award.

The Company estimates forfeitures in the aggregate compensation cost to be amortized over the requisite service period of its awards. The Company periodically monitors its estimated forfeiture rate and adjusts its assumptions to the actual occurrence of forfeited awards. A change in estimated forfeitures is recognized through a cumulative adjustment in the period of the change.

The Company had 77 RSUs which were fully vested but not delivered as of December 31, 2018.

Equity Grants

2018 Equity Grants. During 2018, pursuant to the 2016 Plan, the Company granted employees 1,968 RSUs that are Service-based Awards. Service-based Awards granted during 2018 had grant date fair values of $81.84 to $114.80 per share. During 2018, 2,523 Service-based Awards vested and 70 Service-based Awards were forfeited. Compensation expense related to Service-based Awards, including RSUs granted to the Executive Chairman in November 2016, was $171,354 for the year ended December 31, 2018.

The following table summarizes activity related to Service-based Awards during the year ended December 31, 2018:



	Service-based Awards
	Number of Shares		Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2018	7,035		$	437,021
Granted	1,968		186,964
Modified	—		—
Forfeited	(70	)	(5,394		)
Vested	(2,523	)	(149,686		)
Unvested Balance at December 31, 2018	6,410		$	468,905

As of December 31, 2018, the total compensation cost related to unvested Service-based Awards not yet recognized was $267,579. 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 25 months.

2017 Equity Grants. During 2017, pursuant to the 2016 Plan, the Company granted employees 2,813 RSUs that are Service-based Awards. Service-based Awards granted during 2017 had grant date fair values of $69.10 to $85.68 per share. During 2017, 2,512 Service-based Awards vested and 154 Service-based Awards were forfeited. Compensation expense related to Service-based Awards, including RSUs granted to the Executive Chairman in November 2016, was $156,353 for the year ended December 31, 2017.

2016 Equity Grants. During 2016, pursuant to the 2006 Plan and 2016 Plan, the Company granted employees 3,144 RSUs that are Service-based Awards. The Company also granted 900 RSUs during 2016 in conjunction with the appointment of the Executive Chairman, which are Service-based Awards granted outside of the 2016 Plan in reliance on the employment inducement exception provided under § 303A.08 of the NYSE Listed Company Manual.

Service-based Awards granted during 2016 had grant date fair values of $44.30 to $70.65 per share. During 2016, 2,609 Service-based Awards vested and 181 Service-based Awards were forfeited. Compensation expense related to Service-based Awards was $125,990 for the year ended December 31, 2016.

Deferred Cash

The Company's deferred cash compensation program provides participants the ability to elect to receive a portion of their deferred compensation in cash, which is indexed to a notional investment portfolio and vests ratably over four years and requires payment upon vesting. The Company granted $82,592, $3,750 and $41,147 of deferred cash awards pursuant to the deferred cash compensation program during the years ended December 31, 2018, 2017 and 2016, respectively.

In November 2016, the Company granted a restricted cash award in conjunction with the appointment of the Executive Chairman with a target payment amount of $35,000, of which $11,000 is scheduled to vest on March 1, 2019 and $6,000 is scheduled to vest on each of the first four anniversaries of March 1, 2019, provided that the Executive Chairman continues to remain employed through each such vesting date, subject to vesting upon specified termination events (including retirement, upon satisfying certain eligibility criteria, on or following May 1, 2019, subject to a six month prior written notice requirement) or a change in control. The Company has the discretion to increase (by an amount up to $35,000) or decrease (by an amount up to $8,750) the total amount payable under this award.

In 2017, the Company granted deferred cash awards of $29,500 to certain employees. These awards vest in five equal installments over the period ending June 30, 2022, subject to continued employment. The Company records expense for these awards ratably over the vesting period.

Compensation expense related to deferred cash awards was $58,430, $24,677 and $15,504 for the years ended December 31, 2018, 2017 and 2016, respectively. As of December 31, 2018, the total compensation cost related to deferred cash awards not yet recognized was $111,800. The weighted-average period over which this compensation cost is expected to be recognized is 30 months.

Long-term Incentive Plan

The Company's Long-term Incentive Plan provides for incentive compensation awards to Advisory Senior Managing Directors, excluding executive officers of the Company, who exceed defined benchmark results over four-year performance periods beginning January 1, 2013 (the "2013 Long-term Incentive Plan") and January 1, 2017 (the "2017 Long-term Incentive Plan"). These awards, which aggregate $19,489 of current liabilities and $65,406 of long-term liabilities, on the Consolidated Statement of Financial Condition as of December 31, 2018, are due to be paid, in cash or Class A Shares, at the Company's discretion, in three equal installments in the first quarter of 2017, 2018 and 2019 (for the 2013 Long-term Incentive Plan) and in the first quarter of 2021, 2022 and 2023 (for the 2017 Long-term Incentive Plan), subject to employment at the time of payment. These awards are subject to retirement eligibility requirements. The Company periodically assesses the probability of the benchmarks being achieved and expenses the probable payout over the requisite service period of the award. The compensation expense related to these awards was $42,745, $31,923 and $35,258 for the years ended December 31, 2018, 2017 and 2016, respectively. In conjunction with this plan, the Company distributed cash payments of $4,532 and $34,157 during the years ended December 31, 2018 and 2017, respectively.

The performance period for the 2013 Long-term Incentive Plan ended on December 31, 2016. As of December 31, 2018, for the 2013 Long-term Incentive Plan, the total remaining expense to be accrued for this plan over the future vesting period ending January 31, 2019 is $191. The performance period for the 2017 Long-term Incentive Plan ends on December 31, 2020. As of December 31, 2018, for the 2017 Long-term Incentive Plan, based on the Company's current assessment of the probability of the level of benchmarks being achieved, the total remaining expense to be accrued for this plan over the future vesting period ending January 31, 2023 is $93,939.

Employee Loans Receivable

Periodically, the Company provides new and existing employees with cash payments in the form of loans and/or other cash awards which are subject to ratable vesting terms with service requirements ranging from one to five years and in certain circumstances, subject to the achievement of performance requirements. Generally, the terms of these awards include a requirement of either full or partial repayment of these awards based on the terms of their employment agreements with the Company. In circumstances where the employee meets the Company's minimum credit standards, the Company amortizes these awards to compensation expense over the relevant service period which is generally the period they are subject to forfeiture. Compensation expense related to these awards was $17,971, $20,969 and $19,625 for the years ended December 31, 2018, 2017 and 2016, respectively. The remaining unamortized amount of these awards was $36,464 as of December 31, 2018.

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, 2018, 2017 and 2016 was $39,958, $53,402 and $44,209, respectively. The benefit for 2017 does not reflect the impact of the Tax Cuts and Jobs Act, which was enacted on December 22, 2017. See Note 21 for further information.

During the first quarter of 2019, as part of the 2018 bonus awards, the Company granted to certain employees approximately 2,400 unvested RSUs pursuant to the 2016 Plan. These awards will generally vest over four years. In addition, during the first quarter of 2019, the Company granted approximately $93,000 of deferred cash to certain employees which is pursuant to the deferred cash compensation program. These awards will generally be expensed over a four-year vesting period.

Separation and Transition Benefits

The Company granted separation benefits to certain employees, resulting in expense included in Employee Compensation and Benefits of approximately $9,420, $6,655 and $6,820 for the years ended December 31, 2018, 2017 and 2016, respectively. In conjunction with these arrangements, the Company distributed cash payments of $8,565, $2,914 and $3,622 for the years ended December 31, 2018, 2017 and 2016, respectively. The Company also granted separation and transition benefits to certain employees, resulting in expense included in Special Charges of approximately $2,024 and $3,930 for the years ended December 31, 2018 and 2017, respectively. See Note 6 for further information.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Operating Leases – The Company leases office space under non-cancelable lease agreements, which expire on various dates through 2034. 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 $43,893, $39,485 and $33,405 for the years ended December 31, 2018, 2017 and 2016, respectively.

In conjunction with the lease of office space, the Company has entered into letters of credit in the amounts of approximately $5,502 and $5,398, which are secured by cash and included in Other Assets on the Consolidated Statements of Financial Condition as of December 31, 2018 and 2017, respectively.

The Company has entered into various operating leases for the use of certain office equipment. Rental expense for office equipment totaled $3,338, $2,394 and $2,449 for the years ended December 31, 2018, 2017 and 2016, respectively. Rental expense for office equipment is included in Occupancy and Equipment Rental on the Consolidated Statements of Operations.

On July 1, 2018, the Company entered into a new lease agreement for office space at its headquarters at 55 East 52nd St., New York, New York. Under the terms of the agreement, the Company committed to extend the lease term for its current space and add space on up to seven additional floors, three of which commenced as of the lease’s effective date. The Company anticipates it will take possession of the remainder of these floors over the next five years. When all floors have commenced, the Company will have approximately 350,000 square feet of space at this location. The lease term for all current and prospective space will end on June 30, 2034.

As of December 31, 2018, the approximate aggregate minimum future payments required on the operating leases, net of rent abatement and certain other rent credits, are as follows:



2019	$	36,537
2020	39,059
2021	39,561
2022	39,585
2023	27,564
Thereafter	403,450
Total	$	585,756

Private Equity – As of December 31, 2018, the Company had unfunded commitments for capital contributions of $15,244 to private equity funds. These commitments will be funded as required through the end of each private equity fund's investment period, subject to certain conditions. Such commitments are satisfied in cash and are generally required to be made as investment opportunities are consummated by the private equity funds.

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. See Note 10 for further information.

Lines of Credit – On June 24, 2016, Evercore Partners Services East L.L.C. ("East") entered into a loan agreement with PNC Bank, National Association for a revolving credit facility in an aggregate principal amount of up to $30,000, to be used for working capital and other corporate activities. This facility is secured by East's accounts receivable and the proceeds therefrom, as well as certain assets of EGL, including certain of EGL's accounts receivable. In addition, the agreement contains certain reporting covenants, as well as certain debt covenants that prohibit East and the Company from incurring other indebtedness, subject to specified exceptions. The Company was in compliance with these covenants as of December 31, 2018. Drawings under this facility bear interest at the prime rate. On January 2, 2018, East drew down $30,000 on this facility, which was repaid on March 2, 2018. The facility was most recently renewed on June 21, 2018, and the maturity date was extended to June 21, 2019.

ECB maintains a line of credit with BBVA Bancomer to fund its trading activities on an intra-day and overnight basis. The facility has a maximum aggregate principal amount of approximately $10,175 and is secured by trading securities. No interest is charged on the intra-day facility. The overnight facility is charged the Inter-Bank Balance Interest Rate plus 10 basis points. There have been no significant draw downs on ECB's line of credit since August 10, 2006. The line of credit is renewable annually.

Tax Receivable Agreement – As of December 31, 2018, the Company estimates the contractual obligations related to the Tax Receivable Agreement to be $103,572. The Company expects to pay to the counterparties to the Tax Receivable Agreement $9,161 within one year or less, $19,304 in one to three years, $20,002 in three to five years and $55,105 after five years.

Other Commitments – In addition, the Company enters into commitments to pay contingent consideration related to certain of its acquisitions. At December 31, 2018, the Company had a remaining commitment for contingent consideration related to its acquisition of Kuna & Co. KG in 2015.

The Company also had a commitment at December 31, 2018 for contingent consideration related to an arrangement with the former employer of certain RECA employees. See Note 5 for further information.

Restricted Cash – The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the statements of financial position that sum to the total of amounts shown in the Consolidated Statements of Cash Flows:



	December 31,
	2018		2017		2016
Cash and Cash Equivalents	$	790,590	$	609,587	$	558,524
Restricted Cash included in Other Assets	9,506		7,798		17,113
Total Cash, Cash Equivalents and Restricted Cash shown in the Statement of Cash Flows	$	800,096	$	617,385	$	575,637

Restricted Cash included in Other Assets on the Consolidated Statements of Financial Condition primarily represents letters of credit which are secured by cash as collateral for the lease of office space and security deposits for certain equipment. The restrictions will lapse when the leases end.

Foreign Exchange – On occasion, the Company enters into foreign currency exchange forward contracts as an economic hedge against exchange rate risk for foreign currency denominated accounts receivable in EGL. There were no foreign currency exchange forward contracts outstanding as of December 31, 2018.

The Company entered into foreign currency exchange forward contracts to sell 3.8 billion Japanese yen for $35,598 during the first quarter of 2019 as an economic hedge against the exchange rate risk for Japanese yen denominated accounts receivable in EGL.

Contingencies

In the normal course of business, from time to time the Company and its affiliates are involved in judicial or regulatory proceedings, arbitration or mediation concerning matters arising in connection with the conduct of its businesses, including contractual and employment matters. In addition, Mexican, United Kingdom, Hong Kong, Singapore, Canadian, Dubai and United States government agencies and self-regulatory organizations, as well as state securities commissions in the United States, conduct periodic examinations and initiate administrative proceedings regarding the Company's business, including, among other matters, accounting and operational matters, that can result in censure, fine, the issuance of cease-and-desist orders or the suspension or expulsion of a broker-dealer, investment advisor, or its directors, officers or employees. In view of the inherent difficulty of determining whether any loss in connection with such matters is probable and whether the amount of such loss can be reasonably estimated, particularly in cases where claimants seek substantial or indeterminate damages or where investigations and proceedings are in the early stages, the Company cannot estimate the amount of such loss or range of loss, if any, related to such matters, how or if such matters will be resolved, when they will ultimately be resolved, or what the eventual settlement, fine, penalty or other relief, if any, might be. Subject to the foregoing, the Company believes, based on current knowledge and after consultation with counsel, that it is not currently party to any material pending proceedings (including the matter described below), individually or in the aggregate, the resolution of which would have a material effect on the Company. Provisions for losses are established in accordance with ASC 450, "Contingencies" when warranted. Once established, such provisions are adjusted when there is more information available or when an event occurs requiring a change.

Beginning in November 2016, several putative class actions were filed, and thereafter consolidated, in the U.S. District Court for the Eastern District of Texas relating to Adeptus Health Inc.'s ("Adeptus") June 2014 initial public offering and May 2015, July 2015 and June 2016 secondary offerings. Among others, the defendants included Adeptus and the underwriters in the offerings, including EGL. On April 19, 2017, Adeptus filed for Chapter 11 bankruptcy and was subsequently removed as a defendant. On November 21, 2017, plaintiffs filed a consolidated complaint that alleged as to the underwriters' violations of the Securities Act of 1933 in connection with the four offerings. The defendants filed motions to dismiss on February 5, 2018. On September 12, 2018, the defendants' motions to dismiss were granted as to the claims relating to the initial public offering and May 2015 secondary offering, but denied as to the claims relating to the July 2015 and June 2016 secondary offerings. EGL underwrote approximately 294 shares of common stock in the July 2015 secondary offering, representing an aggregate offering price of approximately $30.8 million, but did not underwrite any shares in the June 2016 secondary offering. On September 25, 2018, the plaintiffs filed an amended complaint relating to the July 2015 and June 2016 secondary offerings. On December 7, 2018, the plaintiffs filed a motion for class certification and the defendants filed an opposition to the motion on February 8, 2019.

Regulatory Authorities	12 Months Ended
Regulatory Authorities	Dec. 31, 2018
Banking and Thrift [Abstract]
Regulatory Authorities	Regulatory Authorities EGL is a U.S. registered broker-dealer and is subject to the net capital requirements of Rule 15c3-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Under the Alternative Net Capital Requirement, EGL's minimum net capital requirement is $250. EGL's regulatory net capital as of December 31, 2018 and 2017 was $331,097 and $238,588, respectively, which exceeded the minimum net capital requirement by $330,847 and $238,338, respectively. Certain other non-U.S. subsidiaries are subject to various securities and banking regulations and capital adequacy requirements promulgated by the regulatory and exchange authorities of the countries in which they operate. These subsidiaries are in excess of their local capital adequacy requirements at December 31, 2018. ETC, which is limited to fiduciary activities, is regulated by the Office of the Comptroller of the Currency ("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 maintain at least $5,000 in Tier 1 capital in ETC (or such other amount as the OCC may require) and maintain liquid assets in ETC in an amount at least equal to the greater of $3,500 or 180 days coverage of ETC's operating expenses. The Company was in compliance with the aforementioned agreements as of December 31, 2018.

- Definition

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.

+ References

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+ Details

Income Taxes

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Income Taxes

As a result of the Company's formation and initial public offering, collectively referred to as 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, 2018 and 2017 were $33,621 and $16,494, respectively.

On December 22, 2017, the SEC staff issued SAB 118 to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available or computed analysis in reasonable detail to complete the accounting for certain income tax effects of the Tax Cuts and Jobs Act. The Company recognized a provisional tax impact related to the re-measurement of net deferred tax assets, the write down of other comprehensive income related to certain foreign subsidiaries, the valuation allowance and effects of the mandatory deemed repatriation tax on undistributed earnings of foreign subsidiaries within its consolidated financial statements for the year ended December 31, 2017. During 2018, the Company finalized the provisional tax impact.

Additionally, the Company expects to recognize the income tax effects associated with the new global intangible low-taxed income ("GILTI") provisions in the period incurred. For the year ended December 31, 2018, no additional income tax expense associated with the GILTI provisions has been reported and it is not expected to be material to the Company’s effective tax rate for the year.

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



	For the Years Ended December 31,
	2018		2017		2016
U.S.	$	449,171	$	379,407	$	204,920
Non-U.S.	36,589		4,489		21,911
Income before Income Tax Expense^(a)	$	485,760	$	383,896	$	226,831


(a)	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, 2018, 2017 and 2016 consist of:



	For the Years Ended December 31,
	2018			2017			2016
Current:
Federal	$	80,690		$	85,371		$	79,596
Foreign	7,360			9,796			10,832
State and Local	24,451			14,955			18,832
Total Current	112,501			110,122			109,260
Deferred:
Federal	(4,771		)	150,800			11,510
Foreign	(61		)	(3,464		)	(1,439		)
State and Local	851			984			(28		)
Total Deferred	(3,981		)	148,320			10,043
Total	$	108,520		$	258,442		$	119,303

A reconciliation between the federal statutory income tax rate and the Company's effective income tax rate for the years ended December 31, 2018, 2017 and 2016 is as follows:



	For the Years Ended December 31,
	2018		2017		2016
Reconciliation of Federal Statutory Tax Rates:
U.S. Statutory Tax Rate	21.0	%	35.0	%	35.0	%
Increase Due to State and Local Taxes	3.6	%	3.1	%	4.8	%
Rate Benefits as a Limited Liability Company/Flow Through	(2.6	)%	(2.3	)%	(5.9	)%
Foreign Taxes	0.2	%	(1.1	)%	0.7	%
Non-Deductible Expenses⁽¹⁾	1.2	%	1.6	%	9.9	%
ASU 2016-09 Benefit for Stock Compensation	(4.2	)%	(5.5	)%	—	%
Tax Cuts and Jobs Act - Reduction to Tax Receivable Agreement Liability	—	%	(5.6	)%	—	%
Tax Cuts and Jobs Act - Primarily Related to the Re-measurement of Net Deferred Tax Assets	0.1	%	32.7	%	—	%
Valuation Allowances	0.3	%	1.1	%	—	%
Other Adjustments	0.1	%	0.1	%	—	%
Effective Income Tax Rate	19.7	%	59.1	%	44.5	%


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

In conjunction with the enactment of the Tax Cuts and Jobs Act on December 22, 2017, which reduced income tax rates in the U.S. in 2018 and in future years, the Company's tax provision for 2017 includes a charge of $143,261, resulting from the estimated re-measurement of net deferred tax assets, which relates principally to temporary differences between book and tax, primarily related to the step-up in basis associated with the exchange of partnership units, deferred compensation, amortization of goodwill and intangible assets and depreciation of fixed assets and leasehold improvements, as well as the write-down of foreign currency related deferred tax assets. This charge, as well as the reduction in the liability for amounts due pursuant to the Company's tax receivable agreement, resulted in an increase in the effective tax rate of 27.1 percentage points for 2017. During 2018, the Company finalized the provisional tax impact of the Tax Cuts and Jobs Act resulting in an additional charge of $399, primarily related to the re-measurement of net deferred tax assets. In conjunction with the enactment of the Tax Cuts and Jobs Act, the Company's effective tax rate for the year ended December 31, 2018 was reduced by 12.3 percentage points before the impact of ASU 2016-09. The effective tax rate for the years ended December 31, 2018 and 2017 also reflects the application of ASU 2016-09, which was adopted effective January 1, 2017. ASU 2016-09 requires that the tax deduction associated with the appreciation or depreciation in the Company's share price upon vesting of employee share-based awards above or below the original grant price be reflected in income tax expense. The application of ASU 2016-09 resulted in excess tax benefits from the delivery of Class A Shares under share-based payment arrangements of $23,350 and $24,003 being recognized in the Company's Provision for Income Taxes for the years ended December 31, 2018 and 2017, respectively, and resulted in a reduction in the effective tax rate of 4.2 and 5.5 percentage points for the years ended December 31, 2018 and 2017, respectively. The effective tax rate for 2018 and 2017 also reflects the effect of certain nondeductible expenses, including expenses related to Class E, J, I-P and K-P LP Units and Class G and H LP Interests, as well as the noncontrolling interest associated with LP Units and other adjustments. In addition, the effective tax rate for the year ended December 31, 2017 was impacted by a valuation allowance on deferred tax assets related to Evercore Brazil.

Due to the enactment of the Tax Cuts and Jobs Act on December 22, 2017, the previous undistributed earnings of certain foreign subsidiaries are subject to a mandatory deemed repatriation tax. Income taxes paid or payable to foreign jurisdictions partially reduce the repatriation tax as a foreign tax credit, based on a formula that includes earnings of certain foreign subsidiaries. The Company has computed the repatriation tax and determined that it should have sufficient foreign tax credits to offset the estimated charge; any additional liability would be immaterial.

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, 2018 and 2017 were as follows:



	December 31,
	2018			2017
Deferred Tax Assets:
Depreciation and Amortization	$	33,738		$	26,319
Compensation and Benefits	61,541			46,697
Step up in tax basis due to the exchange of LP Units for Class A Shares⁽¹⁾	111,108			106,360
Step up in tax basis due to the exchange of LP Units for Class A Shares⁽²⁾	37,079			25,883
Other	24,720			20,282
Total Deferred Tax Assets	$	268,186		$	225,541
Deferred Tax Liabilities:
Goodwill, Intangible Assets and Other	$	18,873		$	20,241
Total Deferred Tax Liabilities	$	18,873		$	20,241
Net Deferred Tax Assets Before Valuation Allowance	$	249,313		$	205,300
Valuation Allowance	(8,221		)	(6,406		)
Net Deferred Tax Assets	$	241,092		$	198,894


(1)	Step-up in the tax basis associated with the exchange of LP Units for holders which have a tax receivable agreement.


(2)	Step-up in the tax basis associated with the exchange of LP Units for holders which do not have a tax receivable agreement.

The $42,198 increase in net deferred tax assets from December 31, 2017 to December 31, 2018 was primarily attributable to the $14,844 increase in compensation and benefits, as well as the step-up in basis of the tangible and intangible assets of Evercore LP, as discussed below.

During 2018, the LP holders exchanged for Class A Shares and the Company purchased 1,182 Class A and Class E LP Units, which resulted in an increase in the tax basis of the tangible and intangible assets of Evercore LP. The exchange of Class E and certain Class A LP Units resulted in a $13,973 step-up in the tax basis of the tangible and intangible assets of Evercore LP and a corresponding increase to Additional Paid-In-Capital on the Company's Consolidated Statement of Financial Condition as of December 31, 2018. Further, the exchange of 551 of such Class A LP Units 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, Amounts Due Pursuant to Tax Receivable Agreements and Additional Paid-In-Capital increased $15,526, $13,197 and $2,329, respectively, on the Company's Consolidated Statement of Financial Condition as of December 31, 2018. See Note 15 for further discussion.

The Company reported an increase in deferred tax assets of $86 associated with changes in Unrealized Gain (Loss) on Marketable Securities and an increase of $439 associated with changes in Foreign Currency Translation Adjustment Gain (Loss), in Accumulated Other Comprehensive Income (Loss) for the year ended December 31, 2018. The Company reported a decrease in deferred tax assets of $207 associated with changes in Unrealized Gain (Loss) on Marketable Securities and a decrease of $4,046 associated with changes in Foreign Currency Translation Adjustment Gain (Loss), in Accumulated Other Comprehensive Income (Loss) for the year ended December 31, 2017.

The Company's affiliates generated approximately $6,581 of NYC unincorporated business tax credit carryforwards; a portion were set to expire in the 2018 tax year. Management has weighed both the positive and negative evidence and determined that it was appropriate to establish a valuation allowance of $3,249, on the amount of credits that are not expected to be realized.

The Company classifies interest relating to tax matters and tax penalties as a component of income tax expense in its Consolidated Statements of Operations. Related to the unrecognized tax benefits, the Company did not recognize any interest and penalties during the years ended December 31, 2018 and 2017. The Company had no unrecognized tax benefits from January 1, 2016 through December 31, 2018.

The Company is subject to taxation in the U.S. and various state, local and foreign jurisdictions. The Company and its affiliates are currently under examination by New York City for tax years 2011 through 2014. 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 2014.

Concentrations of Credit Risk	12 Months Ended
Concentrations of Credit Risk	Dec. 31, 2018
Risks and Uncertainties [Abstract]
Concentrations of Credit Risk	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 substantially all of its Cash and Cash Equivalents in interest-bearing deposits in U.S. commercial banks and U.S. investment banks that meet certain rating and capital requirements. The Company's foreign subsidiaries maintain substantially all of their 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 or enter into sweep arrangements where banks will periodically transfer a portion of the Company's excess cash position to a money market fund. However, the Company believes that it is not exposed to significant credit risk due to the financial position of the depository institutions or investment vehicles in which those deposits are held. As of December 31, 2018, the Company has securities purchased under agreements to resell of $2,696 for which the Company has received collateral with a fair value of $2,701. Additionally, the Company has securities sold under agreements to repurchase of $25,075, for which the Company has pledged collateral with a fair value of $25,099. The Company has established risk management procedures to monitor the exposure to concentrations of credit from Securities Purchased Under Agreements to Resell. 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. Other Assets includes long-term receivables from fees related to private funds capital raising. Receivables are reported net of any allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts 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. The Investment Banking and Investment Management receivables collection periods generally are within 90 days of invoice, with the exception of placement fees, which are generally collected within 180 days of invoice, and fees related to private funds capital raising, which are collected in a period exceeding one year. The collection period for restructuring transaction receivables may exceed 90 days. Receivables that are collected in a period exceeding one year are reflected in Other Assets on the Consolidated Statements of Financial Condition. At December 31, 2018 and 2017 total receivables amounted to $309,075 and $184,993, respectively, net of an allowance, and total receivables recorded in Other Assets amounted to $60,948 and $34,008, respectively. The Company recorded bad debt expense of approximately $3,365, $2,579 and $2,261 for the years ended December 31, 2018, 2017 and 2016, respectively. Other Current Assets and Other Assets include arrangements in which an estimate of variable consideration has been included in the transaction price and thereby recognized as revenue that precedes the contractual due date (contract assets). As of December 31, 2018, total contract assets recorded in Other Current Assets and Other Assets amounted to $2,833 and $541, respectively. With respect to the Company's Marketable Securities portfolio, which is comprised of highly-rated corporate and municipal bonds, exchange-traded funds, mutual funds and equity securities, the Company manages its credit risk exposure by limiting concentration risk and maintaining investment grade credit quality. As of December 31, 2018, the Company had Marketable Securities of $204,627, of which 73% were corporate and municipal securities, primarily with S&P ratings ranging from AAA to BB+, and 27% were equity securities, exchange-traded funds and mutual funds. Periodically, the Company provides compensation to new and existing employees in the form of loans and/or other cash awards, which include a requirement of either full or partial repayment of these awards based on the terms of their employment agreements with the Company. See Note 18 for further information.

Segment Operating Results

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

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, as well as services related to securities underwriting, private placement services and commissions for agency-based equity trading services and equity research. Investment Management includes advising third-party investors in Institutional Asset Management and Wealth Management and interests in private equity funds which are not managed by the Company. On October 18, 2017, the Company completed the sale of the Institutional Trust and Independent Fiduciary business of ETC, which was in the Investment Management segment. On September 30, 2016, the Company deconsolidated the assets and liabilities of its Mexican Private Equity business, which was in the Investment Management segment.

The Company's segment information for the years ended December 31, 2018, 2017 and 2016 is prepared using the following methodology:


•	Revenue, expenses and income (loss) from equity method investments directly associated with each segment are included in determining pre-tax income.


•	Expenses not directly associated with specific segments are allocated based on the most relevant measures applicable, including headcount, square footage and other performance and time-based factors.


•	Segment assets are based on those directly associated with each segment, or for certain assets shared across segments, those assets are allocated based on the most relevant measures applicable, including headcount and other factors.


•	Investment gains and losses, interest income and interest expense are allocated between the segments based on the segment in which the underlying asset or liability is held.

Other Revenue, net, included in each segment's Net Revenues includes income (losses) earned on marketable securities, including our investment funds which are used as an economic hedge against our deferred cash compensation program, certificates of deposit, cash and cash equivalents and on the Company’s debt security investment in G5, as well as adjustments to amounts due pursuant to the Company’s tax receivable agreement, subsequent to its initial establishment related to changes in enacted tax rates, and gains (losses) resulting from foreign currency fluctuations, principal trading and realized and unrealized gains and losses on interests in Private Equity funds which are not managed by the Company. Other Revenue, net, also includes interest expense associated with the Company’s Notes Payable, subordinated borrowings and lines of credit, as well as revenue and expenses associated with repurchase or resale transactions.

Each segment's Operating Expenses include: a) employee compensation and benefits expenses that are incurred directly in support of the segment and b) non-compensation expenses, which include expenses for premises and occupancy, professional fees, travel and entertainment, communications and information services, execution, clearing and custody fees, equipment and indirect support costs (including compensation and other operating expenses related thereto) for administrative services. Such administrative services include, but are not limited to, accounting, tax, legal, facilities management and senior management activities.

Other Expenses include the following:


•	Amortization of LP Units/Interests and Certain Other Awards - Includes amortization costs or the reversal of expenses associated with the vesting of Class E LP Units, Class G and H LP Interests and Class J LP Units issued in conjunction with the acquisition of ISI and certain other related awards.

•

Special Charges - Includes expenses in 2018 related to separation benefits and costs for the termination of certain contracts associated with closing the Company's agency trading platform in the U.K. and separation benefits and related charges associated with the Company's businesses in Mexico, as well as the acceleration of depreciation expense for leasehold improvements in conjunction with the expansion of the Company's headquarters in New York. Expenses in 2017 related to the impairment of goodwill in the Company's Institutional Asset Management reporting unit, the impairment of the Company's former equity method investment in G5, and the transition of certain employees in conjunction with the sale of the Institutional Trust and Independent Fiduciary business of ETC. Expenses in 2016 related to an impairment charge associated with the Company's investment in Atalanta Sosnoff.


•	Acquisition and Transition Costs - Includes costs incurred in connection with acquisitions, divestitures and other ongoing business development initiatives, primarily comprised of professional fees for legal and other services. Expenses in 2016 also include the reversal of a provision for certain settlements in 2016, which was previously established in the fourth quarter of 2015.


•	Fair Value of Contingent Consideration - Includes expense, or the reversal of expense, associated with changes in the fair value of contingent consideration issued to the sellers of certain of the Company's acquisitions.


•	Intangible Asset and Other Amortization - Includes amortization of intangible assets and other purchase accounting-related amortization associated with certain acquisitions.

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

The following information presents each segment's contribution.



	For the Years Ended December 31,
	2018		2017		2016
Investment Banking
Net Revenues⁽¹⁾	$	2,012,023	$	1,634,268	$	1,363,859
Operating Expenses	1,448,301		1,175,927		1,020,327
Other Expenses⁽²⁾	30,366		35,810		92,172
Operating Income	533,356		422,531		251,360
Income from Equity Method Investments	518		277		1,370
Pre-Tax Income	$	533,874	$	422,808	$	252,730
Identifiable Segment Assets	$	1,923,783	$	1,294,103	$	1,302,351
Investment Management
Net Revenues⁽¹⁾	$	52,682	$	70,081	$	76,193
Operating Expenses	43,940		51,646		57,379
Other Expenses⁽²⁾	21		12,155		9,000
Operating Income	8,721		6,280		9,814
Income from Equity Method Investments	8,776		8,561		5,271
Pre-Tax Income	$	17,497	$	14,841	$	15,085
Identifiable Segment Assets	$	201,884	$	290,783	$	359,995
Total
Net Revenues⁽¹⁾	$	2,064,705	$	1,704,349	$	1,440,052
Operating Expenses	1,492,241		1,227,573		1,077,706
Other Expenses⁽²⁾	30,387		47,965		101,172
Operating Income	542,077		428,811		261,174
Income from Equity Method Investments	9,294		8,838		6,641
Pre-Tax Income	$	551,371	$	437,649	$	267,815
Identifiable Segment Assets	$	2,125,667	$	1,584,886	$	1,662,346


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



	For the Years Ended December 31,
	2018			2017		2016
Investment Banking^(A)	$	(3,156	)	$	58,399	$	(147	)
Investment Management^(B)	4,436			10,433		12,789
Total Other Revenue, net	$	1,280		$	68,832	$	12,642

(A)

Investment Banking Other Revenue, net, includes interest expense on the Notes Payable, subordinated borrowings and lines of credit of $9,201, $9,960 and $9,578 for the years ended December 31, 2018, 2017 and 2016, respectively, and includes an estimated gain of $77,535 related to a reduction in the liability for amounts due pursuant to the tax receivable agreement and a loss of $16,266 related to the release of cumulative foreign exchange losses resulting from the restructuring of the Company's former equity method investment in G5 for the year ended December 31, 2017. Also includes ($701) and $92 of principal trading gains (losses) for the years ended December 31, 2017 and 2016, respectively, to conform to the current presentation.

(B)

Investment Management Other Revenue, net, includes interest expense on the Notes Payable and lines of credit of $670 for the year ended December 31, 2016, and includes a gain of $7,808 related to the sale of the Institutional Trust and Independent Fiduciary business of ETC for the year ended December 31, 2017. Also includes $2,037 and $12,403 of net realized and unrealized gains on private equity investments for the years ended December 31, 2017 and 2016, respectively, to conform to the current presentation.


(2)	Other Expenses are as follows:



	For the Years Ended December 31,
	2018		2017		2016
Investment Banking
Amortization of LP Units / Interests and Certain Other Awards	$	15,241	$	11,444	$	80,846
Special Charges	5,012		14,400		—
Acquisition and Transition Costs	—		555		(692		)
Fair Value of Contingent Consideration	1,485		—		1,107
Intangible Asset and Other Amortization	8,628		9,411		10,911
Total Investment Banking	30,366		35,810		92,172
Investment Management
Special Charges	—		11,037		8,100
Acquisition and Transition Costs	21		1,118		791
Intangible Asset and Other Amortization	—		—		109
Total Investment Management	21		12,155		9,000
Total Other Expenses	$	30,387	$	47,965	$	101,172

Geographic Information – The Company manages its business based on the profitability of the enterprise as a whole.

The Company's revenues were derived from clients located and managed in the following geographical areas:



	For the Years Ended December 31,
	2018		2017		2016
Net Revenues:⁽¹⁾
United States	$	1,591,883	$	1,199,231	$	1,057,633
Europe and Other	438,602		422,271		337,957
Latin America	32,940		14,015		31,820
Total	$	2,063,425	$	1,635,517	$	1,427,410

(1) Excludes Other Revenue, Including Interest and Investments, and Interest Expense.

The Company's total assets are located in the following geographical areas:



	December 31,
	2018		2017
Total Assets:
United States	$	1,757,589	$	1,284,163
Europe and Other	298,917		234,984
Latin America	69,161		65,739
Total	$	2,125,667	$	1,584,886

Evercore Inc. (Parent Company Only) Financial Statements

12 Months Ended

Dec. 31, 2018

Condensed Financial Information Disclosure [Abstract]

Evercore Inc. (Parent Company Only) Financial Statements

EVERCORE INC.

(parent company only)

CONDENSED STATEMENTS OF FINANCIAL CONDITION



	December 31,
	2018			2017
ASSETS
Equity Investment in Subsidiary	$	824,239		$	612,453
Deferred Tax Assets	223,936			180,487
Goodwill	15,236			15,236
Other Assets	—			9,689
TOTAL ASSETS	$	1,063,411		$	817,865
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Current Liabilities
Payable to Related Party	$	9,161		$	12,821
Taxes Payable	30,749			—
Other Current Liabilities	2,358			2,358
Total Current Liabilities	42,268			15,179
Amounts Due Pursuant to Tax Receivable Agreements	94,411			90,375
Long-term Debt - Notes Payable	168,612			168,347
TOTAL LIABILITIES	305,291			273,901
Stockholders' Equity
Common Stock
Class A, par value $0.01 per share (1,000,000,000 shares authorized, 65,872,014 and 62,119,904 issued at December 31, 2018 and 2017, respectively, and 39,748,576 and 39,102,154 outstanding at December 31, 2018 and 2017, respectively)	659			621
Class B, par value $0.01 per share (1,000,000 shares authorized, 86 and 82 issued and outstanding at December 31, 2018 and 2017, respectively)	—			—
Additional Paid-In-Capital	1,818,100			1,600,699
Accumulated Other Comprehensive Income (Loss)	(30,434		)	(31,411		)
Retained Earnings	364,882			79,461
Treasury Stock at Cost (26,123,438 and 23,017,750 shares at December 31, 2018 and 2017, respectively)	(1,395,087		)	(1,105,406		)
TOTAL STOCKHOLDERS' EQUITY	758,120			543,964
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	1,063,411		$	817,865

See notes to parent company only financial statements.

EVERCORE INC.

(parent company only)

CONDENSED STATEMENTS OF OPERATIONS



	For the Years Ended December 31,
	2018		2017		2016
REVENUES
Other Revenue, Including Interest and Investments	$	9,202	$	86,784	$	8,385
TOTAL REVENUES	9,202		86,784		8,385
Interest Expense	9,202		9,249		8,385
NET REVENUES	—		77,535		—
EXPENSES
TOTAL EXPENSES	—		—		—
OPERATING INCOME	—		77,535		—
Equity in Income of Subsidiary	473,978		287,440		209,841
Provision for Income Taxes	96,738		239,521		102,313
NET INCOME	$	377,240	$	125,454	$	107,528

See notes to parent company only financial statements.

EVERCORE INC.

(parent company only)

CONDENSED STATEMENTS OF CASH FLOWS



	For the Years Ended December 31,
	2018			2017			2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$	377,240		$	125,454		$	107,528
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:
Undistributed Income of Subsidiary	(473,978		)	(209,905		)	(209,841		)
Adjustment to Tax Receivable Agreement	—			(77,535		)	—
Deferred Taxes	(5,311		)	153,344			12,453
Accretion on Long-term Debt	265			250			180
(Increase) Decrease in Operating Assets:
Other Assets	9,689			(9,689		)	—
Increase (Decrease) in Operating Liabilities:
Taxes Payable	30,749			(21,341		)	6,580
Net Cash Provided by (Used in) Operating Activities	(61,346		)	(39,422		)	(83,100		)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in Subsidiary	138,648			95,943			84,658
Net Cash Provided by Investing Activities	138,648			95,943			84,658
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of Notes Payable - Mizuho	—			—			(120,000		)
Issuance of Notes Payable	—			—			170,000
Dividends	(77,302		)	(56,521		)	(51,558		)
Net Cash Provided by (Used in) Financing Activities	(77,302		)	(56,521		)	(1,558		)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	—			—			—
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of Year	—			—			—
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of Year	$	—		$	—		$	—

SUPPLEMENTAL CASH FLOW DISCLOSURE
Accrued Dividends	$	12,288		$	9,815		$	7,836

See notes to parent company only financial statements.

EVERCORE INC.

(parent company only)

NOTES TO CONDENSED FINANCIAL STATEMENTS

Note A – Organization

Evercore 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 accounting principles generally accepted in the United States of America ("U.S. GAAP").

Equity Investment in Subsidiary and Equity in Income of Subsidiary. Equity Investment in Subsidiary includes the Company's receivable from Evercore LP for senior notes owed by Evercore LP to the Company having similar terms as described below in Note D – issuance of Notes Payable. 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 shares of Class A common stock ("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, 2018, the Company has issued 65,872 Class A Shares. The Company canceled one share of Class B common stock, which was held by a limited partner of Evercore LP during the twelve months ended December 31, 2018. During 2018, the Company purchased 1,085 Class A Shares primarily from employees at values ranging from $79.47 to $115.30 per share primarily for the net settlement of stock-based compensation awards and 2,021 Class A Shares at market values ranging from $80.05 to $112.30 per share pursuant to the Company's share repurchase program. The result of these purchases was an increase in Treasury Stock of $289,681 on the Company's Statement of Financial Condition as of December 31, 2018. During the year ended December 31, 2018, the Company declared and paid dividends of $1.90 per share, totaling $77,302, which were wholly funded by the Company's sole subsidiary, Evercore LP, and accrued deferred cash dividends on unvested RSUs, totaling $12,288. Dividends are paid and treasury shares are repurchased by a subsidiary of Evercore Inc.

As discussed in Note 18 to the consolidated financial statements, both the Evercore LP partnership units and restricted stock units are exchangeable into Class A Shares on a one-for-one basis once vested.

Note D – Issuance of Notes Payable

On March 30, 2016, the Company issued an aggregate of $170,000 of senior notes (the "Private Placement Notes"), including: $38,000 aggregate principal amount of its 4.88% Series A senior notes due 2021, $67,000 aggregate principal amount of its 5.23% Series B senior notes due 2023, $48,000 aggregate principal amount of its 5.48% Series C senior notes due 2026 and $17,000 aggregate principal amount of its 5.58% Series D senior notes due 2028, pursuant to a note purchase agreement dated as of March 30, 2016, among the Company and the purchasers party thereto in a private placement exempt from registration under the Securities Act of 1933.

The Company used $120,000 of the net proceeds from the Private Placement Notes to repay outstanding borrowings under the senior credit facility with Mizuho Bank, Ltd. on March 30, 2016 and used the remaining net proceeds for general corporate purposes.

Note E – Commitments and Contingencies

As of December 31, 2018, as discussed in Note 13 to the consolidated financial statements, the Company estimates the contractual obligations related to the Private Placement Notes to be $219,142. Pursuant to the Private Placement Notes, we expect to make payments to the notes' holders of $8,937 within one year or less, $54,947 in one to three years, $79,414 in three to five years and $75,844 after five years.

As of December 31, 2018, as discussed in Note 19 to the consolidated financial statements, the Company estimates the contractual obligations related to the Tax Receivable Agreement to be $103,572. The company expects to pay to the counterparties to the Tax Receivable Agreement $9,161 within one year or less, $19,304 in one to three years, $20,002 in three to five years and $55,105 after five years.

Supplemental Financial Information

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

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, 2018 and 2017. 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.



	For the Three Months Ended
	December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Net Revenues	$	771,406	$	381,259	$	448,477	$	463,563
Total Expenses	521,200		306,719		343,695		351,014
Income Before Income from Equity Method Investments and Income Taxes	250,206		74,540		104,782		112,549
Income from Equity Method Investments	2,452		2,298		2,419		2,125
Income Before Income Taxes	252,658		76,838		107,201		114,674
Provision for Income Taxes	60,502		17,539		25,541		4,938
Net Income	192,156		59,299		81,660		109,736
Net Income Attributable to Noncontrolling Interest	28,851		9,838		12,729		14,193
Net Income Attributable to Evercore Inc.	$	163,305	$	49,461	$	68,931	$	95,543
Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Basic	$	4.07	$	1.21	$	1.69	$	2.36
Diluted	$	3.67	$	1.08	$	1.52	$	2.10
Dividends Declared Per Share of Class A Common Stock	$	0.50	$	0.50	$	0.50	$	0.40



	For the Three Months Ended
	December 31, 2017			September 30, 2017		June 30, 2017		March 31, 2017
Net Revenues	$	540,031		$	406,601	$	370,470	$	387,247
Total Expenses	355,885			319,531		324,204		275,918
Income Before Income from Equity Method Investments and Income Taxes	184,146			87,070		46,266		111,329
Income from Equity Method Investments	3,331			1,827		2,070		1,610
Income Before Income Taxes	187,477			88,897		48,336		112,939
Provision for Income Taxes	188,876			28,815		22,459		18,292
Net Income (Loss)	(1,399		)	60,082		25,877		94,647
Net Income Attributable to Noncontrolling Interest	18,013			14,171		7,693		13,876
Net Income (Loss) Attributable to Evercore Inc.	$	(19,412	)	$	45,911	$	18,184	$	80,771
Net Income (Loss) Per Share Attributable to Evercore Inc. Common Shareholders
Basic	$	(0.50	)	$	1.18	$	0.45	$	2.00
Diluted	$	(0.50	)	$	1.04	$	0.41	$	1.76
Dividends Declared Per Share of Class A Common Stock	$	0.40		$	0.34	$	0.34	$	0.34

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation, Policy	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. The Company reviews factors, including the rights of the equity holders and obligations of equity holders to absorb losses or receive expected residual returns, to determine if the investment is a VIE. In evaluating whether the Company is the primary beneficiary, the Company evaluates its economic interests in the entity held either directly or indirectly by the Company. The consolidation analysis is generally performed qualitatively. This analysis, which requires judgment, is performed at each reporting date. Evercore LP is a VIE and the Company is the primary beneficiary. Specifically, the Company has the majority economic interest in Evercore LP and has decision making authority that significantly affects the economic performance of the entity while the limited partners have no kick-out or substantive participating rights. The assets and liabilities of Evercore LP represent substantially all of the consolidated assets and liabilities of the Company with the exception of U.S. corporate taxes and related items, which are presented on the Company's (Parent Company Only) Condensed Statements of Financial Position in Note 24. Evercore ISI International Limited ("ISI U.K.") and Evercore Partners International LLP ("Evercore U.K.") are also VIEs and the Company is the primary beneficiary of these VIEs. Specifically for ISI U.K., the Company provides financial support through a transfer pricing agreement with this entity, which exposes the Company to losses that are potentially significant to the entity, and has decision making authority that significantly affects the economic performance of the entity. The Company has the majority economic interest in Evercore U.K. and has decision making authority that significantly affects the economic performance of this entity. The Company included in its Consolidated Statements of Financial Condition ISI U.K. and Evercore U.K. assets of $190,223 and liabilities of $122,460 at December 31, 2018 and assets of $126,078 and liabilities of $102,487 at December 31, 2017. See Note 10 for further information on the Company's VIEs. All intercompany balances and transactions with the Company's subsidiaries have been eliminated upon consolidation. At the time of the formation transaction, the members of Evercore LP (the "Members") received Class A limited partnership units of Evercore LP ("Class A LP Units") in consideration for their contribution of the various entities included in the historical combined financial statements of the Company. The Class A LP Units were 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"). At December 31, 2013, all Class A LP Units were fully vested. On October 31, 2014, in conjunction with the acquisition of the operating businesses of International Strategy & Investment ("ISI"), the Company issued vested and unvested Class E limited partnership units of Evercore LP ("Class E LP Units") and vested and unvested Class G and H limited partnership interests of Evercore LP ("Class G and H LP Interests"). At December 31, 2017, all Class E LP Units were fully vested and all of the Class G LP Interests either converted into Class E LP Units or were forfeited pursuant to their performance terms. In 2017, the Company exchanged all of the outstanding Class H LP Interests for a number of Class J limited partnership units of Evercore LP ("Class J LP Units"). In 2016, in conjunction with the appointment of the Executive Chairman, the Company issued unvested Class I-P Units of Evercore LP ("Class I-P Units"). The Class I-P Units are contingently exchangeable into Class I limited partnership units of Evercore LP ("Class I LP Units"), which are exchangeable on a one-for-one basis for Class A Shares. In 2017, the Company issued unvested Class K-P Units of Evercore LP ("Class K-P Units"), which are contingently exchangeable into Class K limited partnership units of Evercore LP ("Class K LP Units"), which are ultimately exchangeable on a one-for-one basis for Class A Shares. See Note 18 for further information. The Company accounts for exchanges of Evercore LP partnership units ("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, "Control of Partnerships and Similar Entities." The Company consolidates Evercore LP and records noncontrolling interest for the economic interest in Evercore LP held directly by others, which includes the Members.
Revenue from Contract with Customer, Policy	Revenue Recognition – The Company adopted Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09") on January 1, 2018 using the modified retrospective method of transition applied to contracts which were not completed as of January 1, 2018. The Company did not have a cumulative-effect adjustment as of the date of adoption. ASU 2014-09 creates ASC 606, "Revenue from Contracts with Customers," ("ASC 606"), which provides a five step model to revenue recognition as follows: Step 1: Identify the contract(s) with a customer Step 2: Identify the performance obligations in the contract Step 3: Determine the transaction price Step 4: Allocate the transaction price to the performance obligations in the contract Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation The Company applies this model to its Investment Banking and Asset Management revenue streams. Prior to January 1, 2018, the Company recorded revenue in accordance with ASC 605, "Revenue Recognition" ("ASC 605"). Under ASC 605, the Company recognized success related advisory fees upon closing of the transaction regardless of the probability of the outcome, which differs under ASC 606 as described further below. Furthermore, ASC 605 allowed expenses related to underwriting transactions to be reflected net in related revenues; under ASC 606, those expenses are presented gross in the results of operations. Investment Banking Revenue – The Company earns investment banking fees from clients for providing advisory services on strategic matters, including mergers, acquisitions, divestitures, leveraged buyouts, restructurings, activism and defense and similar corporate finance matters. The Company's Investment Banking services also include services related to securities underwriting, private placement services and commissions for agency-based equity trading services and equity research. Revenue is recognized as the Company satisfies performance obligations, upon transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for these services. The Company’s contracts with customers may include promises to transfer multiple services to a customer. Determining whether services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. For performance obligations satisfied over time, determining a measure of progress requires the Company to make significant judgments that affect the timing of revenue recognized. For certain advisory services, the Company has concluded that performance obligations are satisfied over time. This is based on the premise that the Company transfers control of services and the client simultaneously receives benefits from these services over the course of an engagement. For performance obligations satisfied at a point in time, determining when control transfers requires the Company to make significant judgments that affect the timing of when revenue is recognized. The Company records Investment Banking Revenue on the Consolidated Statements 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 fixed retainer fees for financial advisory services concurrent with, or soon after, the execution of the engagement letter or over the course of the engagement, where the engagement letter will specify a future service period associated with those fees. The Company may also receive announcement fees upon announcement of a transaction in addition to success fees upon closing of a transaction or another defined outcome, both of which represent variable consideration. This variable consideration will be included in the transaction price, as defined, and recognized as revenue to the extent that it is probable that a significant reversal of revenue will not occur. When assessing probability, the Company applies careful analysis and judgment to the remaining factors necessary for completion of a transaction, including factors outside of the Company's control. A transaction can fail to be completed for many reasons which are outside of the Company’s control, including failure of parties to agree upon final terms, to secure necessary board or shareholder approvals, to secure necessary financing or to achieve necessary regulatory approvals, or due to adverse market conditions. In the case of bankruptcy engagements, fees are subject to approval of the court. With respect to retainer, announcement and success fees, there are no distinct performance obligations aside from advisory activities, which are generally focused on achieving a milestone (typically, the announcement and/or the closing of a transaction). These advisory services are provided over time throughout the contract period. The Company recognizes revenue when distinct services are performed and when it is probable that a reversal of revenue will not occur, which is generally upon the announcement or closing of a transaction. Accordingly, in any given period, advisory fees recognized for certain transactions may relate to services performed in prior periods. In circumstances in which retainer fees are received in advance of services, these fees are initially recorded as deferred revenue (a contract liability), which is recorded in Other Current Liabilities on the Consolidated Statements of Financial Condition, and subsequently recognized as advisory fee revenue in Advisory Fees on the Consolidated Statements of Operations during the applicable time period within which the service is rendered. Announcement fees for advisory services are recognized upon announcement (the point at which it is determined that the reversal of revenue is not probable) and all other requirements for revenue recognition are satisfied. A portion of the announcement fee may be deferred based on the services remaining to be completed, if any. Success fees for advisory services, such as merger and acquisition ("M&A") advice, are recognized when it is determined that the reversal of revenue is not probable and all other requirements for revenue recognition are satisfied, which is generally at closing of the transaction. With respect to fairness or valuation opinions, fees are fixed and there is a distinct performance obligation, since the opinion is rendered separate from any other advisory activities. Revenues related to fairness or valuation opinions are recognized at the point in time when the opinion has been rendered and delivered to the client. In the event the Company was to receive an opinion or success fee in advance of the completion conditions noted above, such fee would initially be recorded as deferred revenue (a contract liability) in Other Current Liabilities on the Consolidated Statements of Financial Condition and subsequently recognized as advisory fee revenue in Advisory Fees on the Consolidated Statements of Operations when the conditions of completion have been satisfied. Placement fee revenues are attributable to capital raising on both corporations and financial sponsors. The Company recognizes placement fees in accordance with the terms of the engagement letter, which are generally contingent on the achievement of a capital commitment by an investor, at the time of the client's acceptance of capital or capital commitments. Underwriting Fees – Underwriting fees are attributable to public and private offerings of equity and debt securities and are recognized at the point in time when the offering has been deemed to be completed by the lead manager of the underwriting group. When the offering is completed, the performance obligation has been satisfied and the Company recognizes the applicable management fee, selling concession and underwriting fee. Offering expenses are presented gross in the Consolidated Statements of Operations. Commissions and Related Fees – Commissions and Related Fees include commissions received from customers for the execution of agency-based brokerage transactions in listed and over-the-counter equities. The execution of each trade order represents a distinct performance obligation and the transaction price at the point in time of trade order execution is fixed. Trade execution is satisfied at the point in time that the customer has control of the asset and as such, fees are recorded on a trade date basis or, in the case of payments under commission sharing arrangements, when earned. The Company also earns subscription fees for the sales of research. The delivery of research under subscription arrangements represents a distinct performance obligation that is satisfied over time. The fees are fixed and are recognized over the period in which the performance obligation is satisfied. Cash received before the subscription period ends is initially recorded as deferred revenue (a contract liability) in Other Current Liabilities on the Consolidated Statements of Financial Condition, and is recognized in Commissions and Related Fees on the Consolidated Statements of Operations ratably over the period in which the related services are rendered. Taxes collected from customers and remitted to governmental authorities are presented on a net basis on the Consolidated Statements of Operations. Asset Management and Administration Fees – The Company's Investment Management business generates revenues from the management of client assets and through interests in private equity funds which are not managed by the Company. The Company’s contracts with customers may include promises to transfer multiple services to a customer. Determining whether services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. For performance obligations satisfied over time, determining a measure of progress requires the Company to make significant judgments that affect the timing of revenue recognized. Asset management fees for third-party clients are generally based on the value of the assets under management and any performance fees that may be negotiated with the client. The management of asset portfolios represents a distinct performance obligation that is satisfied over time. These fees are generally recognized over the period that the related services are provided and in which the performance obligation is satisfied, 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 (a contract liability), which is recorded in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Asset Management and Administration Fees 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 likelihood of clawback is mathematically improbable. 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. The management of assets under administration represents a distinct performance obligation that is satisfied over time. For ongoing engagements, fees are billed quarterly either in advance or in arrears. Fees paid in advance of services rendered and satisfaction of the performance obligation are initially recorded as deferred revenue (a contract liability) in Other Current Liabilities on the Consolidated Statements of Financial Condition, and are recognized in Asset Management and Administration Fees on the Consolidated Statements of Operations ratably over the period in which the related services are rendered and the performance obligation is satisfied. The Company 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. The Company records performance fees upon the earlier of the termination of the investment fund or when the likelihood of clawback is mathematically improbable.
Other Revenue, Including Interest and Investments, and Interest Expense, Policy	Other Revenue, Including Interest and Investments, and Interest Expense – Other Revenue and Interest Expense is derived from investing customer funds in financing transactions. These transactions are principally repurchases and resales of Mexican government and government agency securities. Revenue and expenses associated with these transactions are recognized over the term of the repurchase or resale transaction. Other Revenue also includes income (losses) earned on marketable securities, including our investment funds which are used as an economic hedge against our deferred cash compensation program, certificates of deposit, cash and cash equivalents and on the Company’s debt security investment in G5 Holdings S.A. ("G5"), as well as adjustments to amounts due pursuant to the Company’s tax receivable agreement, subsequent to its initial establishment related to changes in enacted tax rates, and gains (losses) resulting from foreign currency fluctuations, principal trading and realized and unrealized gains and losses on interests in Private Equity funds which are not managed by the Company. Interest Expense also includes interest expense associated with the Company’s Notes Payable, subordinated borrowings and lines of credit.
Client Expense Reimbursement, Policy	Client Expense Reimbursement – In the conduct of its financial advisory service engagements, the Company receives reimbursement for certain expenses incurred by the Company in the course of performing services. 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, Policy	Noncontrolling Interest – Noncontrolling interest recorded in the consolidated financial statements of the Company relates to the portions of the 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 relative ownership interest 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 is allocated based on these special allocations. ASC 810 "Consolidation" ("ASC 810") 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. Noncontrolling Interest is presented as a component of Total Equity on the Consolidated Statements of Financial Condition and below Net Income on the Consolidated Statements of Operations. In addition, there is an allocation of the components of Total Comprehensive Income between controlling interests and noncontrolling interests. Changes in a parent's ownership interest while the parent retains control of its subsidiary are accounted for as equity transactions.
Fair Value of Financial Instruments, Policy	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 11 for further information.
Cash and Cash Equivalents, Policy	Cash and Cash Equivalents – Cash and Cash Equivalents consist of short-term highly-liquid investments with original maturities of three months or less.
Marketable Securities and Certificates of Deposit, Policy	Marketable Securities and Certificates of Deposit – Marketable Securities include investments in U.S. Treasury securities, corporate, municipal and other debt securities and investments in readily-marketable equity securities, which are accounted for under ASC 320-10, "Investments - Debt Securities" and ASC 321-10, "Investments - Equity Securities," ("ASC 321-10") following the adoption of ASU No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities" ("ASU 2016-01") in January 2018. The securities are carried at fair value on the Consolidated Statements of Financial Condition; the debt securities are valued based on quoted prices that exist in the marketplace for similar issues and the equity securities are valued using quoted market prices on applicable exchanges or markets. Marketable Securities transactions are recorded as of the trade date. The Company invests in readily marketable debt and equity securities which are managed by Evercore Wealth Management L.L.C. ("EWM"), as well as in a portfolio of exchange-traded funds and mutual funds as an economic hedge against the Company’s deferred cash compensation program. The debt securities are classified as available-for-sale and any unrealized gains and losses are recorded as net increases or decreases to Accumulated Other Comprehensive Income (Loss), net of tax, and realized gains and losses on these securities are included in Other Revenue, Including Interest and Investments on the Consolidated Statements of Operations. Realized and unrealized gains and losses on the equity securities are recorded in Other Revenue, Including Interest and Investments, beginning on January 1, 2018, from the application of ASU 2016-01. EGL also invests in a fixed income portfolio consisting of U.S. Treasury securities and municipal bonds, which are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest and Investments on the Consolidated Statements of Operations, as required for broker-dealers in securities. Certificates of Deposit consist of investments with certain banks with original maturities of six months or less when purchased.
Financial Instruments Owned and Pledged as Collateral at Fair Value, Policy	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, Including Interest and Investments, 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, Policy	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. mature on the next business day) and the underlying securities are debt instruments of the Mexican Government 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.
Accounts Receivable and Contract Assets, Policy	Accounts Receivable and Contract Assets – 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, when relevant revenue recognition criteria has been achieved and payment is conditioned on the passage of time. The Company maintains an allowance for doubtful accounts 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. The Investment Banking and Investment Management receivables collection periods generally are within 90 days of invoice, with the exception of placement fees, which are generally collected within 180 days of invoice, and fees related to private funds capital raising, which are collected in a period exceeding one year. The collection period for restructuring transaction receivables may exceed 90 days. Receivables that are collected in a period exceeding one year are reflected in Other Assets on the Consolidated Statements of Financial Condition. The Company records contract assets within Other Current Assets and Other Assets on the Consolidated Statements of Financial Condition when payment is due from a client conditioned on future performance or the occurrence of other events. The Company also recognizes a contract asset for the incremental costs of obtaining a contract with a customer if the benefit of those costs is expected to be longer than one year. The Company applies a practical expedient to expense costs to obtain a contract as incurred when the amortization period is one year or less.
Investments, Policy	Investments – The Company's investments include investments in unconsolidated affiliated companies and other investments in private equity partnerships: Affiliates – The Company has equity interests in ABS Investment Management Holdings LP and ABS Investment Management GP LLC (collectively, "ABS"), Atalanta Sosnoff Capital, LLC ("Atalanta Sosnoff"), Luminis Partners ("Luminis") and G5 (through December 31, 2017, the date the Company exchanged all of its outstanding equity interests for debentures of G5) and includes its share of the income (losses) within Income 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, or more frequently if circumstances indicate impairment may have occurred. See Note 10 for further information. Private Equity – The investments in 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 fair value of non-marketable securities is determined 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 Other Revenue, Including Interest and Investments, in the Consolidated Statements of Operations. The Company also maintains investments in Glisco Manager Holdings LP, Trilantic Capital Partners ("Trilantic") and an equity security in a private company, which are accounted for as equity securities without readily determinable fair values in accordance with ASC 321-10, as well as an investment in a debt security that is accounted for as a held-to-maturity security. The Company assesses its investments quarterly for impairment, or more frequently if circumstances indicate impairment may have occurred. See Note 10 for further information.
Furniture, Equipment and Leasehold Improvements, Policy	Furniture, Equipment and Leasehold Improvements – Fixed assets, including 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, primarily 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. Certain costs associated with the acquisition or development of internal-use software and cloud computing arrangements are also capitalized. Once the software is ready for its intended use, the capitalized costs are amortized using the straight-line method over the estimated useful life of the software or hosting arrangement.
Goodwill and Intangible Assets, Policy	Goodwill and Intangible Assets – Goodwill is tested for impairment annually, as of November 30^th, or more frequently if circumstances indicate impairment may have occurred. The Company assesses whether any goodwill allocated to its applicable reporting unit is impaired by comparing the fair value of each reporting unit with its respective carrying amount. For acquired businesses, contingent consideration is recognized and measured at fair value as of the acquisition date and at subsequent reporting periods. 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, or a weighted combination of both a market multiple approach and discounted cash flow methodology. The market multiple approach includes applying the average earnings multiples of comparable public companies for their respective reporting unit 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 cost of capital adjusted for the risks inherent in the future cash flows. The Company adopted ASU No. 2017-04, "Simplifying the Test for Goodwill Impairment" ("ASU 2017-04") effective April 1, 2017. ASU 2017-04 eliminates Step 2 from the goodwill impairment test and requires companies to recognize an impairment charge for the amount by which the carrying amount of a reporting unit exceeds its fair value. 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, "Property, Plant, and Equipment" ("ASC 360"). See Note 5 for further information.
Compensation and Benefits, Policy	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, Policy	Share-Based Payments and Other Deferred Compensation – The Company accounts for share-based payments in accordance with ASC 718, "Compensation – Stock Compensation" ("ASC 718"). See Note 18 for further information. 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 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, restricted stock and LP Units is charged to Employee Compensation and Benefits within the Consolidated Statements of Operations. Compensation expense is recognized pursuant to performance-based awards if it is probable that the performance condition will be achieved. See Note 18 for a discussion of the awards issued in conjunction with the Company's acquisition of the operating businesses of ISI, as well as the Company's Long-term Incentive Plan and other performance-based awards. 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, Policy	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 and Other Comprehensive Income (Loss) in the Consolidated Statements of Comprehensive Income. 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, Including Interest and Investments, on the Consolidated Statements of Operations.
Income Taxes, Policy	Income Taxes – The Company accounts for income taxes in accordance with ASC 740, "Income Taxes" ("ASC 740"), which requires the recognition of tax benefits or expenses on temporary differences between the financial reporting and tax basis of its assets and liabilities, as disclosed in Note 21. Deferred income taxes reflect the net tax effects of temporary differences between financial reporting and tax basis 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. The Company accounts for the impact of changes in statutory income tax rates on deferred tax assets and liabilities in the year of enactment. 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. The Company adopted ASU No. 2016-09, "Improvements to Employee Share-Based Payment Accounting" ("ASU 2016-09") on January 1, 2017, which resulted in excess tax benefits and deficiencies from the delivery of Class A Shares under share-based payment arrangements being recognized in the Company's Provision for Income Taxes, rather than in Additional Paid-In-Capital under legacy U.S. GAAP. See Note 21 for further information. 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 21 for further information.
Reclassifications, Policy	Reclassifications – During 2018, certain balances on the Consolidated Statements of Operations for prior periods were reclassified to conform to their current presentation. Execution, Clearing and Custody Fees – Other Operating Expenses of $13,572 and $16,278 for the years ended December 31, 2017 and 2016, respectively, and Professional Fees of $1,206 and $1,266 for the years ended December 31, 2017 and 2016, respectively, were reclassified to a new expense line item, "Execution, Clearing and Custody Fees" on the Consolidated Statements of Operations. Other Revenue, Including Interest and Investments – The Company renamed "Other Revenue, Including Interest" to "Other Revenue, Including Interest and Investments" on the Consolidated Statements of Operations and reclassified ($701) and $92 of principal trading gains (losses) from Investment Banking Revenue for the years ended December 31, 2017 and 2016, respectively, and $2,037 and $12,403 of net realized and unrealized gains on private equity investments from Investment Management Revenue for the years ended December 31, 2017 and 2016, respectively, to "Other Revenue, Including Interest and Investments." Investment Banking Revenue – Following the above reclassifications, the Company disaggregated "Investment Banking Revenue" into "Advisory Fees," "Underwriting Fees" and "Commissions and Related Fees" on the Consolidated Statements of Operations. Asset Management and Administration Fees – Following the above reclassifications, the Company renamed "Investment Management Revenue" to "Asset Management and Administration Fees" on the Consolidated Statements of Operations, which includes management fees from the wealth management and institutional asset management businesses.

Revenue (Tables)

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table presents revenue recognized by the Company for the year ended December 31, 2018:



	For the Year Ended
	December 31, 2018
Investment Banking:
Advisory Fees	$	1,743,473
Underwriting Fees	71,691
Commissions and Related Fees	200,015
Total Investment Banking	$	2,015,179

Investment Management:
Asset Management and Administration Fees:
Wealth Management	$	44,875
Institutional Asset Management	3,371
Total Investment Management	$	48,246

Contract with Customer, Asset and Liability [Table Text Block]



	Receivables (Current)⁽¹⁾		Receivables (Long-term)⁽²⁾		Contract Assets (Current)⁽³⁾		Contract Assets (Long-term)⁽⁴⁾		Deferred Revenue (Current Contract Liabilities)⁽⁵⁾		Deferred Revenue (Long-term Contract Liabilities)⁽⁶⁾
Balance at January 1, 2018	$	184,993	$	34,008	$	—	$	—	$	3,147	$	1,834
Increase (Decrease)	124,082		26,940		2,833		541		869		(103		)
Balance at December 31, 2018	$	309,075	$	60,948	$	2,833	$	541	$	4,016	$	1,731


(1)	Included in Accounts Receivable on the Consolidated Statements of Financial Condition.


(2)	Included in Other Assets on the Consolidated Statements of Financial Condition.


(3)	Included in Other Current Assets on the Consolidated Statements of Financial Condition.


(4)	Included in Other Assets on the Consolidated Statements of Financial Condition.


(5)	Included in Other Current Liabilities on the Consolidated Statements of Financial Condition.


(6)	Included in Other Long-term Liabilities on the Consolidated Statements of Financial Condition.

Business Changes and Developments (Tables)

12 Months Ended

Dec. 31, 2018

Business Combinations [Abstract]

Schedule of Goodwill

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



	Investment Banking			Investment Management			Total
Balance at December 31, 2016⁽¹⁾	$	114,489		$	46,472		$	160,961
Impairment of Goodwill	—			(7,107		)	(7,107		)
Sale of the Institutional Trust and Independent Fiduciary business of ETC	—			(28,442		)	(28,442		)
Foreign Currency Translation and Other	8,819			—			8,819
Balance at December 31, 2017⁽²⁾	123,308			10,923			134,231
Foreign Currency Translation and Other	(2,844		)	—			(2,844		)
Balance at December 31, 2018⁽²⁾	$	120,464		$	10,923		$	131,387

(1) The amount of the Company's goodwill before accumulated impairment losses of $28,500 was $189,461 at December 31, 2016.

(2) The amount of the Company's goodwill before accumulated impairment losses of $35,607 was $166,994 and $169,838 at December 31, 2018 and 2017, respectively.

Schedule of Finite-Lived Intangible Assets

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



	December 31, 2018
	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	$	42,000	$	3,830	$	45,830	$	35,356	$	2,360	$	37,716
Other	5,320		445		5,765		3,167		334		3,501
Total	$	47,320	$	4,275	$	51,595	$	38,523	$	2,694	$	41,217

	December 31, 2017
	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	$	42,000	$	3,830	$	45,830	$	27,355	$	1,977	$	29,332
Other	5,320		445		5,765		2,407		279		2,686
Total	$	47,320	$	4,275	$	51,595	$	29,762	$	2,256	$	32,018

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Based on the intangible assets above, as of December 31, 2018, annual amortization of intangibles for each of the next five years is as follows:



2019	$	7,866
2020	$	1,182
2021	$	996
2022	$	334
2023	$	—

Related Parties (Tables)

12 Months Ended

Dec. 31, 2018

Schedule Of Receivable From Employees And Related Parties

Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2018 and 2017:



	December 31,
	2018		2017
Advances to Employees	$	22,889	$	15,930
Personal Expenses Paid on Behalf of Employees and Related Parties	692		766
Reimbursable Expenses Relating to the Private Equity Funds	255		334
Receivable from Employees and Related Parties	$	23,836	$	17,030

Schedule Of Payable To Employees And Related Parties

Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2018 and 2017:



	December 31,
	2018		2017
Board of Director Fees	$	566	$	350
Amounts Due to U.K. Members	22,167		17,996
Amounts Due Pursuant to Tax Receivable Agreements^(a)	9,161		12,821
Payable to Employees and Related Parties	$	31,894	$	31,167


(a)	Relates to the current portion of the Member exchange of Class A LP Units for Class A Shares. The long-term portion of $94,411 and $90,375 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2018 and 2017, respectively.

Marketable Securities and Certificates of Deposit (Tables)

12 Months Ended

Dec. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Unrealized Gain (Loss) on Investments

The amortized cost and estimated fair value of the Company's Marketable Securities as of December 31, 2018 and 2017 were as follows:



	December 31, 2018								December 31, 2017
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Securities Investments - Debt Securities	$	1,622	$	10	$	—	$	1,632	$	1,806	$	—	$	11	$	1,795
Securities Investments - Equity Securities	666		—		410		256		5,388		—		4,144		1,244
Debt Securities Carried by EGL	147,009		954		—		147,963		34,233		87		26		34,294
Investment Funds	56,296		402		1,922		54,776		22,027		5,678		6		27,699
Total	$	205,593	$	1,366	$	2,332	$	204,627	$	63,454	$	5,765	$	4,187	$	65,032

Investments Classified by Contractual Maturity Date

Scheduled maturities of the Company's available-for-sale debt securities within the Securities Investments portfolio as of December 31, 2018 and 2017 were as follows:



	December 31, 2018				December 31, 2017
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	391	$	391	$	204	$	204
Due after one year through five years	1,231		1,241		1,602		1,591
Total	$	1,622	$	1,632	$	1,806	$	1,795

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, 2018

Banking and Thrift [Abstract]

Schedule of Financial Instruments Owned and Pledged as Collateral Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase

As of December 31, 2018 and 2017, a summary of the Company's assets, liabilities and collateral received or pledged related to these transactions was as follows:



	December 31,
	2018						2017
	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	$	22,349					$	19,374
Securities Purchased Under Agreements to Resell	2,696			$	2,701		10,645			$	10,643
Total Assets	$	25,045					$	30,019
Liabilities
Securities Sold Under Agreements to Repurchase	$	(25,075	)	$	(25,099	)	$	(30,027	)	$	(30,020	)

Investments (Tables)

12 Months Ended

Dec. 31, 2018

Other Equity Method Investments [Member]

Schedule of Equity Method Investments [Line Items]

Schedule of Equity Method Investments

A summary of the Company's investments accounted for under the equity method of accounting as of December 31, 2018 and 2017 was as follows:



	December 31,
	2018		2017
ABS	$	38,699	$	39,894
Atalanta Sosnoff	13,291		13,963
Luminis	6,517		5,999
Total	$	58,507	$	59,856

Private Equity Funds [Member]

Schedule of Equity Method Investments [Line Items]

Schedule of Equity Method Investments

A summary of the Company's investments in the private equity funds as of December 31, 2018 and 2017 was as follows:



	December 31,
	2018		2017
ECP II	$	795	$	833
Glisco II, Glisco III and Glisco IV	3,880		6,558
Trilantic IV and Trilantic V	5,125		6,421
Total Private Equity Funds	$	9,800	$	13,812

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Categorization of Investments and Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the categorization of investments and certain other financial assets measured at fair value on a recurring basis as of December 31, 2018 and 2017:



	December 31, 2018
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities⁽¹⁾	$	109,577	$	62,801	$	—	$	172,378
Securities Investments⁽²⁾	6,232		1,982		—		8,214
Investment Funds	54,776		—		—		54,776
Financial Instruments Owned and Pledged as Collateral at Fair Value	22,349		—		—		22,349
Total Assets Measured At Fair Value	$	192,934	$	64,783	$	—	$	257,717

	December 31, 2017
	Level I		Level II		Level III		Total
Corporate Bonds, Municipal Bonds and Other Debt Securities⁽¹⁾	$	—	$	44,648	$	—	$	44,648
Securities Investments⁽²⁾	4,336		1,795		—		6,131
Investment Funds	27,699		—		—		27,699
Financial Instruments Owned and Pledged as Collateral at Fair Value	19,374		—		—		19,374
Total Assets Measured At Fair Value	$	51,409	$	46,443	$	—	$	97,852


(1)	Includes $24,415 and $10,354 of treasury bills, municipal bonds and commercial paper classified within Cash and Cash Equivalents on the Consolidated Statements of Financial Condition as of December 31, 2018 and 2017, respectively.


(2)	Includes $6,326 and $3,092 of treasury bills and notes and municipal bonds classified within Cash and Cash Equivalents on the Consolidated Statements of Financial Condition as of December 31, 2018 and 2017, respectively.

Carrying Amount and Estimated Fair Value of Financial Instrument Assets and Liabilities which are Not Measured at Fair Value



			December 31, 2018
	Carrying		Estimated Fair Value
	Amount		Level I		Level II		Level III		Total
Financial Assets:
Cash and Cash Equivalents	$	759,849	$	759,849	$	—	$	—	$	759,849
Certificates of Deposit	100,000		—		100,000		—		100,000
Debt Security Investment	9,717		—		—		9,717		9,717
Securities Purchased Under Agreements to Resell	2,696		—		2,696		—		2,696
Receivables⁽¹⁾	370,023		—		369,636		—		369,636
Contract Assets⁽²⁾	3,374		—		3,348		—		3,348
Receivable from Employees and Related Parties	23,836		—		23,836		—		23,836
Closely-held Equity Security	1,079		—		—		1,079		1,079
Financial Liabilities:
Accounts Payable and Accrued Expenses	$	37,948	$	—	$	37,948	$	—	$	37,948
Securities Sold Under Agreements to Repurchase	25,075		—		25,075		—		25,075
Payable to Employees and Related Parties	31,894		—		31,894		—		31,894
Notes Payable	168,612		—		166,555		—		166,555

			December 31, 2017
	Carrying		Estimated Fair Value
	Amount		Level I		Level II		Level III		Total
Financial Assets:
Cash and Cash Equivalents	$	596,141	$	596,141	$	—	$	—	$	596,141
Certificates of Deposit	63,527		—		63,527		—		63,527
Debt Security Investment	10,995		—		—		10,995		10,995
Securities Purchased Under Agreements to Resell	10,645		—		10,645		—		10,645
Accounts Receivable	184,993		—		184,993		—		184,993
Receivable from Employees and Related Parties	17,030		—		17,030		—		17,030
Closely-held Equity Security	1,079		—		—		1,079		1,079
Financial Liabilities:
Accounts Payable and Accrued Expenses	$	34,111	$	—	$	34,111	$	—	$	34,111
Securities Sold Under Agreements to Repurchase	30,027		—		30,027		—		30,027
Payable to Employees and Related Parties	31,167		—		31,167		—		31,167
Notes Payable	168,347		—		171,929		—		171,929
Subordinated Borrowings	6,799		—		6,859		—		6,859


(1)	Includes Accounts Receivable and Long-term receivables included in Other Assets on the Consolidated Statements of Financial Condition. The adoption of ASU 2016-01 in 2018 resulted in the Company prospectively including the fair value of its receivables that are due in excess of one year in the above table.


(2)	Includes current and long-term contract assets included in Other Current Assets and Other Assets on the Consolidated Statements of Financial Condition.

Furniture, Equipment and Leasehold Improvements (Tables)

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Components of Furniture, Equipment and Leasehold Improvements

Furniture, Equipment and Leasehold Improvements consisted of the following:



	December 31,
	2018			2017
Furniture and Equipment	$	39,349		$	31,715
Leasehold Improvements	91,597			72,199
Computer and Technology-related	39,617			34,943
Total	170,563			138,857
Less: Accumulated Depreciation and Amortization	(89,494		)	(70,264		)
Furniture, Equipment and Leasehold Improvements, Net	$	81,069		$	68,593

Notes Payable and Subordinated Borrowings (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Debt

Notes Payable is comprised of the following as of December 31, 2018 and 2017:



				Carrying Value^(a)
				December 31,
Note	Maturity Date	Effective Annual Interest Rate		2018		2017
Evercore Inc. 4.88% Series A Senior Notes	3/30/2021	5.16	%	$	37,776	$	37,684
Evercore Inc. 5.23% Series B Senior Notes	3/30/2023	5.44	%	66,466		66,356
Evercore Inc. 5.48% Series C Senior Notes	3/30/2026	5.64	%	47,542		47,493
Evercore Inc. 5.58% Series D Senior Notes	3/30/2028	5.72	%	16,828		16,814
Total				$	168,612	$	168,347


(a)	Carrying value has been adjusted to reflect the presentation of debt issuance costs as a direct reduction from the related liability.

Schedule of Future Payments on Notes Payable

As of December 31, 2018, the future payments required on the Notes Payable, including principal and interest, were as follows:



2019	$	8,937
2020	8,937
2021	46,010
2022	7,083
2023	72,331
Thereafter	75,844
Total	$	219,142

Noncontrolling Interest (Tables)

12 Months Ended

Dec. 31, 2018

Noncontrolling Interest [Abstract]

Schedule of Noncontrolling Interest



	December 31,
	2018		2017		2016
Subsidiary:
Evercore LP	11	%	12	%	14	%
EWM⁽¹⁾	43	%	42	%	42	%
PCA⁽¹⁾	24	%	25	%	39	%

(1) Noncontrolling Interests represent a blended rate for multiple classes of interests.

Changes in Noncontrolling Interest

Changes in Noncontrolling Interest for the years ended December 31, 2018, 2017 and 2016 were as follows:



	For the Years Ended December 31,
	2018			2017			2016
Beginning balance	$	252,404		$	256,033		$	202,664

Comprehensive Income (Loss):
Net Income Attributable to Noncontrolling Interest	65,611			53,753			40,984
Other Comprehensive Income (Loss)	(203		)	3,375			(3,737		)
Total Comprehensive Income	65,408			57,128			37,247

Evercore LP Units Purchased or Converted into Class A Shares	(46,594		)	(47,263		)	(16,480		)

Amortization and Vesting of LP Units/Interests	19,860			14,922			81,392

Other Items:
Distributions to Noncontrolling Interests	(41,413		)	(36,374		)	(38,154		)
Issuance of Noncontrolling Interest	1,165			8,460			885
Purchase of Noncontrolling Interest	(1,011		)	(281		)	(5,225		)
Deconsolidation of GCP III	—			—			(5,808		)
Other, net	—			(221		)	(488		)
Total Other Items	(41,259		)	(28,416		)	(48,790		)

Ending balance	$	249,819		$	252,404		$	256,033

Net Income Per Share Attributable to Evercore Inc. Common Shareholders (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income Per Share

The calculations of basic and diluted net income per share attributable to Evercore Inc. common shareholders for the years ended December 31, 2018, 2017 and 2016 are described and presented below.



	For the Years Ended December 31,
	2018		2017		2016
Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Numerator:
Net income attributable to Evercore Inc. common shareholders	$	377,240	$	125,454	$	107,528
Denominator:
Weighted average Class A Shares outstanding, including vested RSUs	40,595		39,641		39,220
Basic net income per share attributable to Evercore Inc. common shareholders	$	9.29	$	3.16	$	2.74
Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Numerator:
Net income attributable to Evercore Inc. common shareholders	$	377,240	$	125,454	$	107,528
Noncontrolling interest related to the assumed exchange of LP Units for Class A Shares	(b)		(b)		(b)
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above	(b)		(b)		(b)
Diluted net income attributable to Evercore Inc. common shareholders	$	377,240	$	125,454	$	107,528
Denominator:
Weighted average Class A Shares outstanding, including vested RSUs	40,595		39,641		39,220
Assumed exchange of LP Units for Class A Shares^(a)(b)	1,378		842		—
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	2,906		2,719		2,065
Shares that are contingently issuable^(c)	400		1,624		2,908
Diluted weighted average Class A Shares outstanding	45,279		44,826		44,193
Diluted net income per share attributable to Evercore Inc. common shareholders	$	8.33	$	2.80	$	2.43

(a)

(b)

(c)

Share-Based and Other Deferred Compensation (Tables)

12 Months Ended

Dec. 31, 2018

2006 and 2016 Stock Incentive Plans [Member]

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

Schedule of Nonvested Share Activity [Table Text Block]

The following table summarizes activity related to Service-based Awards during the year ended December 31, 2018:



	Service-based Awards
	Number of Shares		Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2018	7,035		$	437,021
Granted	1,968		186,964
Modified	—		—
Forfeited	(70	)	(5,394		)
Vested	(2,523	)	(149,686		)
Unvested Balance at December 31, 2018	6,410		$	468,905

Evercore ISI [Member] | Acquisition Related [Member]

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

Schedule of Nonvested Share Activity [Table Text Block]



	Class J LP Units
	Number of Units		Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2018	1,897		$	36,272
Granted	—		—
Modified	—		—
Forfeited	—		—
Vested	(632	)	(12,091		)
Unvested Balance at December 31, 2018	1,265		$	24,181

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

As of December 31, 2018, the approximate aggregate minimum future payments required on the operating leases, net of rent abatement and certain other rent credits, are as follows:



2019	$	36,537
2020	39,059
2021	39,561
2022	39,585
2023	27,564
Thereafter	403,450
Total	$	585,756

Restrictions on Cash and Cash Equivalents



	December 31,
	2018		2017		2016
Cash and Cash Equivalents	$	790,590	$	609,587	$	558,524
Restricted Cash included in Other Assets	9,506		7,798		17,113
Total Cash, Cash Equivalents and Restricted Cash shown in the Statement of Cash Flows	$	800,096	$	617,385	$	575,637

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

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



	For the Years Ended December 31,
	2018		2017		2016
U.S.	$	449,171	$	379,407	$	204,920
Non-U.S.	36,589		4,489		21,911
Income before Income Tax Expense^(a)	$	485,760	$	383,896	$	226,831


(a)	Net of Noncontrolling Interest.

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision for income taxes reflected on the Consolidated Statements of Operations for the years ended December 31, 2018, 2017 and 2016 consist of:



	For the Years Ended December 31,
	2018			2017			2016
Current:
Federal	$	80,690		$	85,371		$	79,596
Foreign	7,360			9,796			10,832
State and Local	24,451			14,955			18,832
Total Current	112,501			110,122			109,260
Deferred:
Federal	(4,771		)	150,800			11,510
Foreign	(61		)	(3,464		)	(1,439		)
State and Local	851			984			(28		)
Total Deferred	(3,981		)	148,320			10,043
Total	$	108,520		$	258,442		$	119,303

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation between the federal statutory income tax rate and the Company's effective income tax rate for the years ended December 31, 2018, 2017 and 2016 is as follows:



	For the Years Ended December 31,
	2018		2017		2016
Reconciliation of Federal Statutory Tax Rates:
U.S. Statutory Tax Rate	21.0	%	35.0	%	35.0	%
Increase Due to State and Local Taxes	3.6	%	3.1	%	4.8	%
Rate Benefits as a Limited Liability Company/Flow Through	(2.6	)%	(2.3	)%	(5.9	)%
Foreign Taxes	0.2	%	(1.1	)%	0.7	%
Non-Deductible Expenses⁽¹⁾	1.2	%	1.6	%	9.9	%
ASU 2016-09 Benefit for Stock Compensation	(4.2	)%	(5.5	)%	—	%
Tax Cuts and Jobs Act - Reduction to Tax Receivable Agreement Liability	—	%	(5.6	)%	—	%
Tax Cuts and Jobs Act - Primarily Related to the Re-measurement of Net Deferred Tax Assets	0.1	%	32.7	%	—	%
Valuation Allowances	0.3	%	1.1	%	—	%
Other Adjustments	0.1	%	0.1	%	—	%
Effective Income Tax Rate	19.7	%	59.1	%	44.5	%


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

Schedule of Deferred Tax Assets and Liabilities



	December 31,
	2018			2017
Deferred Tax Assets:
Depreciation and Amortization	$	33,738		$	26,319
Compensation and Benefits	61,541			46,697
Step up in tax basis due to the exchange of LP Units for Class A Shares⁽¹⁾	111,108			106,360
Step up in tax basis due to the exchange of LP Units for Class A Shares⁽²⁾	37,079			25,883
Other	24,720			20,282
Total Deferred Tax Assets	$	268,186		$	225,541
Deferred Tax Liabilities:
Goodwill, Intangible Assets and Other	$	18,873		$	20,241
Total Deferred Tax Liabilities	$	18,873		$	20,241
Net Deferred Tax Assets Before Valuation Allowance	$	249,313		$	205,300
Valuation Allowance	(8,221		)	(6,406		)
Net Deferred Tax Assets	$	241,092		$	198,894


(1)	Step-up in the tax basis associated with the exchange of LP Units for holders which have a tax receivable agreement.


(2)	Step-up in the tax basis associated with the exchange of LP Units for holders which do not have a tax receivable agreement.

Segment Operating Results (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Information Regarding Operations By Segment

The following information presents each segment's contribution.



	For the Years Ended December 31,
	2018		2017		2016
Investment Banking
Net Revenues⁽¹⁾	$	2,012,023	$	1,634,268	$	1,363,859
Operating Expenses	1,448,301		1,175,927		1,020,327
Other Expenses⁽²⁾	30,366		35,810		92,172
Operating Income	533,356		422,531		251,360
Income from Equity Method Investments	518		277		1,370
Pre-Tax Income	$	533,874	$	422,808	$	252,730
Identifiable Segment Assets	$	1,923,783	$	1,294,103	$	1,302,351
Investment Management
Net Revenues⁽¹⁾	$	52,682	$	70,081	$	76,193
Operating Expenses	43,940		51,646		57,379
Other Expenses⁽²⁾	21		12,155		9,000
Operating Income	8,721		6,280		9,814
Income from Equity Method Investments	8,776		8,561		5,271
Pre-Tax Income	$	17,497	$	14,841	$	15,085
Identifiable Segment Assets	$	201,884	$	290,783	$	359,995
Total
Net Revenues⁽¹⁾	$	2,064,705	$	1,704,349	$	1,440,052
Operating Expenses	1,492,241		1,227,573		1,077,706
Other Expenses⁽²⁾	30,387		47,965		101,172
Operating Income	542,077		428,811		261,174
Income from Equity Method Investments	9,294		8,838		6,641
Pre-Tax Income	$	551,371	$	437,649	$	267,815
Identifiable Segment Assets	$	2,125,667	$	1,584,886	$	1,662,346


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



	For the Years Ended December 31,
	2018			2017		2016
Investment Banking^(A)	$	(3,156	)	$	58,399	$	(147	)
Investment Management^(B)	4,436			10,433		12,789
Total Other Revenue, net	$	1,280		$	68,832	$	12,642

(A)

(B)


(2)	Other Expenses are as follows:



	For the Years Ended December 31,
	2018		2017		2016
Investment Banking
Amortization of LP Units / Interests and Certain Other Awards	$	15,241	$	11,444	$	80,846
Special Charges	5,012		14,400		—
Acquisition and Transition Costs	—		555		(692		)
Fair Value of Contingent Consideration	1,485		—		1,107
Intangible Asset and Other Amortization	8,628		9,411		10,911
Total Investment Banking	30,366		35,810		92,172
Investment Management
Special Charges	—		11,037		8,100
Acquisition and Transition Costs	21		1,118		791
Intangible Asset and Other Amortization	—		—		109
Total Investment Management	21		12,155		9,000
Total Other Expenses	$	30,387	$	47,965	$	101,172

Revenues Derived from Clients and Private Equity Funds by Geographical Areas

The Company's revenues were derived from clients located and managed in the following geographical areas:



	For the Years Ended December 31,
	2018		2017		2016
Net Revenues:⁽¹⁾
United States	$	1,591,883	$	1,199,231	$	1,057,633
Europe and Other	438,602		422,271		337,957
Latin America	32,940		14,015		31,820
Total	$	2,063,425	$	1,635,517	$	1,427,410

(1) Excludes Other Revenue, Including Interest and Investments, and Interest Expense.

Assets by Geographic Areas

The Company's total assets are located in the following geographical areas:



	December 31,
	2018		2017
Total Assets:
United States	$	1,757,589	$	1,284,163
Europe and Other	298,917		234,984
Latin America	69,161		65,739
Total	$	2,125,667	$	1,584,886

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

12 Months Ended

Dec. 31, 2018

Condensed Financial Information Disclosure [Abstract]

Evercore Inc. (Parent Company Only) Condensed Statements of Financial Condition

EVERCORE INC.

(parent company only)

CONDENSED STATEMENTS OF FINANCIAL CONDITION



	December 31,
	2018			2017
ASSETS
Equity Investment in Subsidiary	$	824,239		$	612,453
Deferred Tax Assets	223,936			180,487
Goodwill	15,236			15,236
Other Assets	—			9,689
TOTAL ASSETS	$	1,063,411		$	817,865
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Current Liabilities
Payable to Related Party	$	9,161		$	12,821
Taxes Payable	30,749			—
Other Current Liabilities	2,358			2,358
Total Current Liabilities	42,268			15,179
Amounts Due Pursuant to Tax Receivable Agreements	94,411			90,375
Long-term Debt - Notes Payable	168,612			168,347
TOTAL LIABILITIES	305,291			273,901
Stockholders' Equity
Common Stock
Class A, par value $0.01 per share (1,000,000,000 shares authorized, 65,872,014 and 62,119,904 issued at December 31, 2018 and 2017, respectively, and 39,748,576 and 39,102,154 outstanding at December 31, 2018 and 2017, respectively)	659			621
Class B, par value $0.01 per share (1,000,000 shares authorized, 86 and 82 issued and outstanding at December 31, 2018 and 2017, respectively)	—			—
Additional Paid-In-Capital	1,818,100			1,600,699
Accumulated Other Comprehensive Income (Loss)	(30,434		)	(31,411		)
Retained Earnings	364,882			79,461
Treasury Stock at Cost (26,123,438 and 23,017,750 shares at December 31, 2018 and 2017, respectively)	(1,395,087		)	(1,105,406		)
TOTAL STOCKHOLDERS' EQUITY	758,120			543,964
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	1,063,411		$	817,865

See notes to parent company only financial statements.

Evercore Inc. (Parent Company Only) Condensed Statements of Operations

EVERCORE INC.

(parent company only)

CONDENSED STATEMENTS OF OPERATIONS



	For the Years Ended December 31,
	2018		2017		2016
REVENUES
Other Revenue, Including Interest and Investments	$	9,202	$	86,784	$	8,385
TOTAL REVENUES	9,202		86,784		8,385
Interest Expense	9,202		9,249		8,385
NET REVENUES	—		77,535		—
EXPENSES
TOTAL EXPENSES	—		—		—
OPERATING INCOME	—		77,535		—
Equity in Income of Subsidiary	473,978		287,440		209,841
Provision for Income Taxes	96,738		239,521		102,313
NET INCOME	$	377,240	$	125,454	$	107,528

See notes to parent company only financial statements.

Evercore Inc. (Parent Company Only) Condensed Statements of Cash Flows

EVERCORE INC.

(parent company only)

CONDENSED STATEMENTS OF CASH FLOWS



	For the Years Ended December 31,
	2018			2017			2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$	377,240		$	125,454		$	107,528
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:
Undistributed Income of Subsidiary	(473,978		)	(209,905		)	(209,841		)
Adjustment to Tax Receivable Agreement	—			(77,535		)	—
Deferred Taxes	(5,311		)	153,344			12,453
Accretion on Long-term Debt	265			250			180
(Increase) Decrease in Operating Assets:
Other Assets	9,689			(9,689		)	—
Increase (Decrease) in Operating Liabilities:
Taxes Payable	30,749			(21,341		)	6,580
Net Cash Provided by (Used in) Operating Activities	(61,346		)	(39,422		)	(83,100		)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in Subsidiary	138,648			95,943			84,658
Net Cash Provided by Investing Activities	138,648			95,943			84,658
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of Notes Payable - Mizuho	—			—			(120,000		)
Issuance of Notes Payable	—			—			170,000
Dividends	(77,302		)	(56,521		)	(51,558		)
Net Cash Provided by (Used in) Financing Activities	(77,302		)	(56,521		)	(1,558		)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	—			—			—
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of Year	—			—			—
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of Year	$	—		$	—		$	—

SUPPLEMENTAL CASH FLOW DISCLOSURE
Accrued Dividends	$	12,288		$	9,815		$	7,836

See notes to parent company only financial statements.

Supplemental Financial Information (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Supplemental Financial Information



	For the Three Months Ended
	December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Net Revenues	$	771,406	$	381,259	$	448,477	$	463,563
Total Expenses	521,200		306,719		343,695		351,014
Income Before Income from Equity Method Investments and Income Taxes	250,206		74,540		104,782		112,549
Income from Equity Method Investments	2,452		2,298		2,419		2,125
Income Before Income Taxes	252,658		76,838		107,201		114,674
Provision for Income Taxes	60,502		17,539		25,541		4,938
Net Income	192,156		59,299		81,660		109,736
Net Income Attributable to Noncontrolling Interest	28,851		9,838		12,729		14,193
Net Income Attributable to Evercore Inc.	$	163,305	$	49,461	$	68,931	$	95,543
Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Basic	$	4.07	$	1.21	$	1.69	$	2.36
Diluted	$	3.67	$	1.08	$	1.52	$	2.10
Dividends Declared Per Share of Class A Common Stock	$	0.50	$	0.50	$	0.50	$	0.40



	For the Three Months Ended
	December 31, 2017			September 30, 2017		June 30, 2017		March 31, 2017
Net Revenues	$	540,031		$	406,601	$	370,470	$	387,247
Total Expenses	355,885			319,531		324,204		275,918
Income Before Income from Equity Method Investments and Income Taxes	184,146			87,070		46,266		111,329
Income from Equity Method Investments	3,331			1,827		2,070		1,610
Income Before Income Taxes	187,477			88,897		48,336		112,939
Provision for Income Taxes	188,876			28,815		22,459		18,292
Net Income (Loss)	(1,399		)	60,082		25,877		94,647
Net Income Attributable to Noncontrolling Interest	18,013			14,171		7,693		13,876
Net Income (Loss) Attributable to Evercore Inc.	$	(19,412	)	$	45,911	$	18,184	$	80,771
Net Income (Loss) Per Share Attributable to Evercore Inc. Common Shareholders
Basic	$	(0.50	)	$	1.18	$	0.45	$	2.00
Diluted	$	(0.50	)	$	1.04	$	0.41	$	1.76
Dividends Declared Per Share of Class A Common Stock	$	0.40		$	0.34	$	0.34	$	0.34

Significant Accounting Policies (Details)
$ in Thousands

1 Months Ended

12 Months Ended

Nov. 30, 2016

Dec. 31, 2018

USD ($)

Dec. 31, 2017

USD ($)

Dec. 31, 2016

USD ($)

Investment Banking And Investment Management Receivables Collection Periods

90 days

Placement Fees Receivables Collection Period

180 days

Private Funds Capital Raising Receivables Collection Period

1 year

Collection Period For Restructuring Transactions

90 days

Receivables Reflected in Other Assets in Excess of Period

1 year

Contract Asset Recognized For Cost of Obtaining Contract With Benefit in Excess of Period

1 year

Other Operating Expenses

^[1]

$ 30,461

$ 23,442

$ 28,298

Professional Fees

^[1]

82,393

63,857

56,401

Net Realized and Unrealized Gains on Private Equity Fund Investments

(397)

(915)

7,616

Variable Interest Entity, Primary Beneficiary [Member]

Execution, Clearing and Custody Fees [Member]

Consolidated Assets

190,223

126,078

Consolidated Liabilities

$ 122,460

102,487

Other Revenue, Including Interest and Investments [Member]

Other Operating Expenses

13,572

16,278

Professional Fees

1,206

1,266

Net Realized and Unrealized Gains on Private Equity Fund Investments

Principal Trading Losses

(701)

$ 2,037

$ 12,403

LP Units [Member]

Limited Partnership Units Convertible Conversion Ratio

Minimum [Member]

Property, Plant and Equipment, Useful Life

3 years

Award Vesting Period

1 year

Maximum [Member]

Property, Plant and Equipment, Useful Life

7 years

Award Vesting Period

5 years

[1]	Certain balances in prior periods were reclassified to conform to their current presentation. See Note 2 for further information.

Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative Effect of Accounting Change (1)			$ 0
Accounting Standards Update 2016-01 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative Effect of Accounting Change (1)		$ (2,229)
Subsequent Event [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Liability	$ 210,000

Revenue - Disaggregation of Revenue (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Investment Banking [Member]

Investment Banking [Member] | Advisory Fees [Member]

$ 2,015,179

Investment Banking [Member] | Underwriting Fees [Member]

^[1]

1,743,473

$ 1,324,412

$ 1,096,829

Investment Banking [Member] | Commissions and Related Fees [Member]

^[1]

71,691

45,827

36,264

Investment Management [Member]

^[1]

200,015

$ 205,630

$ 230,913

Investment Management [Member] | Wealth Management [Member]

48,246

Investment Management [Member] | Institutional Asset Management [Member]

44,875

Other Revenue, Including Interest and Investments

$ 3,371

[1]	Certain balances in prior periods were reclassified to conform to their current presentation. See Note 2 for further information.

Revenue - Additional Information (Details) $ in Thousands	12 Months Ended
Revenue - Additional Information (Details) $ in Thousands	Dec. 31, 2018 USD ($)
Revenue from Contracts with Customers [Line Items]
Contract with Customer, Liability, Revenue Recognized	$ 16,468
Period in Which Performance Obligations Under Client Arrangements Settled	1 year
Underwriting Fees [Member]
Revenue from Contracts with Customers [Line Items]
Reimbursement Revenue	$ 4,680
Professional Fees [Member]
Revenue from Contracts with Customers [Line Items]
Reimbursable Expense	2,340
Travel and Related Expenses [Member]
Revenue from Contracts with Customers [Line Items]
Reimbursable Expense	460
Communications and Information Services [Member]
Revenue from Contracts with Customers [Line Items]
Reimbursable Expense	476
Other Operating Expenses [Member]
Revenue from Contracts with Customers [Line Items]
Reimbursable Expense	1,404
Investment Banking [Member] \| Advisory Fees [Member]
Revenue from Contracts with Customers [Line Items]
Revenue, Variable Consideration Recognized	$ 3,374

Revenue - Contract Balances (Details) $ in Thousands	12 Months Ended
Revenue - Contract Balances (Details) $ in Thousands	Dec. 31, 2018 USD ($)
Contract with Customer, Asset, Net, Current [Abstract]
Contract with Customer, Receivable, Net, Current	$ 184,993
Contract with Customer, Receivable, Current, Net Increase (Decrease)	124,082
Contract with Customer, Receivable, Net, Current	309,075
Contract with Customer, Asset, Gross, Current	0
Contract with Customer, Contract Asset, Current, Net Increase (Decrease)	2,833
Contract with Customer, Asset, Gross, Current	2,833
Contract with Customer, Asset, Net, Noncurrent [Abstract]
Contract with Customer, Receivable, Net, Noncurrent	34,008
Contract with Customer, Receivable, NonCurrent, Net Increase (Decrease)	26,940
Contract with Customer, Receivable, Net, Noncurrent	60,948
Contract with Customer, Asset, Gross, Noncurrent	0
Increase (Decrease) in Contract Receivables, Net	541
Contract with Customer, Asset, Gross, Noncurrent	541
Contract with Customer, Liability, Current [Abstract]
Contract with Customer, Liability, Current	3,147
Contract with Customer, Liability, Current, Net Increase (Decrease)	869
Contract with Customer, Liability, Current	4,016
Contract with Customer, Liability, Noncurrent [Abstract]
Contract with Customer, Liability, Noncurrent	1,834
Contract with Customer, Liability, Noncurrent, Net Increase (Decrease)	(103)
Contract with Customer, Liability, Noncurrent	$ 1,731

Business Changes and Developments - Additional Information (Details) $ in Thousands, R$ in Millions		12 Months Ended
	Oct. 18, 2017 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Nov. 30, 2018	Dec. 31, 2017 BRL (R$) seat	Dec. 31, 2017 USD ($) seat
Business Acquisition [Line Items]
Asset Acquisition, Contingent Consideration, Liability		$ 4,463
Asset Acquisition, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability		3,971
Proceeds from Sale of Business	$ 34,842	0	$ 34,354	$ 0
Business Combination, Contingent Consideration, Asset	$ 488
Gain (Loss) on Disposition of Business		0	7,808	0
Special Charges		5,012	25,437	8,100
Amortization of Intangible Assets		9,199	9,793	11,640
Goodwill		131,387		160,961			$ 134,231
Impairment of Goodwill			7,107
Goodwill, Impairment Loss, Net of Tax			3,694
Institutional Asset Management [Member]
Business Acquisition [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount					14.00%
Goodwill		3,396
Investment Management [Member]
Business Acquisition [Line Items]
Gain (Loss) on Disposition of Business			7,808
Special Charges		0	11,037	8,100
G5 [Member]
Business Acquisition [Line Items]
Held-to-maturity Securities, Redemption Value \| R$						R$ 60
Company Seats on Board \| seat						1	1
Total Seats on Board \| seat						6	6
Debt Securities, Held-to-maturity		9,717					$ 10,995
Debt Securities, Held-to-maturity, Fair Value \| R$						R$ 37
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			16,266
Evercore Trust Company [Member]
Business Acquisition [Line Items]
Assets Deconsolidated			28,523
Liabilities Deconsolidated		0	1,489	$ 0
Special Charges			3,930
Other Income [Member] \| Evercore Trust Company [Member]
Business Acquisition [Line Items]
Gain (Loss) on Disposition of Business			7,808
Special Charges [Member] \| Investment Management [Member] \| Institutional Asset Management [Member]
Business Acquisition [Line Items]
Impairment of Goodwill			7,107
Goodwill [Member] \| Evercore Trust Company [Member]
Business Acquisition [Line Items]
Assets Deconsolidated			$ 28,442
PCA [Member]
Business Acquisition [Line Items]
Issuance of Noncontrolling Interest		$ 770

Business Changes and Developments - Goodwill Associated with Acquisitions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill [Roll Forward]
Balance at beginning of period	$ 134,231	$ 160,961
Impairment of Goodwill		(7,107)
Sale of the Institutional Trust and Independent Fiduciary business of ETC		(28,442)
Foreign Currency Translation and Other	(2,844)	8,819
Balance at end of period	131,387	134,231
Goodwill, Impaired, Accumulated Impairment Loss	35,607	35,607	$ 28,500
Goodwill, Gross	166,994	169,838	$ 189,461
Investment Banking [Member]
Goodwill [Roll Forward]
Balance at beginning of period	123,308	114,489
Impairment of Goodwill		0
Sale of the Institutional Trust and Independent Fiduciary business of ETC		0
Foreign Currency Translation and Other	(2,844)	8,819
Balance at end of period	120,464	123,308
Investment Management [Member]
Goodwill [Roll Forward]
Balance at beginning of period	10,923	46,472
Impairment of Goodwill		(7,107)
Sale of the Institutional Trust and Independent Fiduciary business of ETC		(28,442)
Foreign Currency Translation and Other	0	0
Balance at end of period	$ 10,923	$ 10,923

Business Changes and Developments - Intangible Assets Associated with Acquisitions (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 51,595	$ 51,595
Accumulated Amortization	41,217	32,018
Investment Banking [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	47,320	47,320
Accumulated Amortization	38,523	29,762
Investment Management [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,275	4,275
Accumulated Amortization	2,694	2,256
Client Related [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	45,830	45,830
Accumulated Amortization	37,716	29,332
Client Related [Member] \| Investment Banking [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	42,000	42,000
Accumulated Amortization	35,356	27,355
Client Related [Member] \| Investment Management [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,830	3,830
Accumulated Amortization	2,360	1,977
Other Intangible Assets Associated With Acquisition [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,765	5,765
Accumulated Amortization	3,501	2,686
Other Intangible Assets Associated With Acquisition [Member] \| Investment Banking [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,320	5,320
Accumulated Amortization	3,167	2,407
Other Intangible Assets Associated With Acquisition [Member] \| Investment Management [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	445	445
Accumulated Amortization	$ 334	$ 279

Business Changes and Developments - Annual Amortization of Intangibles for Next Five Years (Details) $ in Thousands	Dec. 31, 2018 USD ($)
Business Combinations [Abstract]
2019	$ 7,866
2020	1,182
2021	996
2022	334
2023	$ 0

Acquisition and Transition Costs and Special Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Acquisition and Transition Costs	$ 21	$ 1,673	$ 99
Reversal Of Provision			733
Special Charges	5,012	25,437	8,100
Impairment of Goodwill		7,107
Investment Management [Member]
Business Acquisition [Line Items]
Acquisition and Transition Costs	21	1,118	791
Special Charges	0	11,037	8,100
Investment Management [Member] \| Institutional Asset Management [Member] \| Special Charges [Member]
Business Acquisition [Line Items]
Impairment of Goodwill		7,107
Investment Banking [Member]
Business Acquisition [Line Items]
Acquisition and Transition Costs	0	555	(692)
Special Charges	$ 5,012	14,400	$ 0
Evercore Trust Company [Member]
Business Acquisition [Line Items]
Special Charges		3,930
G5 [Member] \| Investment Banking [Member] \| Special Charges [Member]
Business Acquisition [Line Items]
Equity Method Investment, Other than Temporary Impairment		$ 14,400

Related Parties Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Subordinated Borrowings		$ 0	$ 6,799
Other Assets [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Noncurrent		$ 16,359	22,309
Executive Officer [Member]
Related Party Transaction [Line Items]
Subordinated Borrowings			$ 6,700
Investment Banking [Member] \| Director [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	$ 13,312

Related Parties - Receivable from Employees and Related Parties (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Related Party Transactions [Abstract]
Advances to Employees	$ 22,889	$ 15,930
Personal Expenses Paid On Behalf Of Employees And Related Parties	692	766
Reimbursable Expenses Relating To Private Equity Funds	255	334
Receivable from Employees and Related Parties	$ 23,836	$ 17,030

Related Parties - Payable to Employees and Related Parties (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Related Party Transactions [Abstract]
Board Of Director Fees	$ 566	$ 350
Amounts Due to U.K. Members	22,167	17,996
Amounts Due Pursuant To Tax Receivable Agreements (a)	9,161	12,821
Payable to Employees and Related Parties	31,894	31,167
Amounts Due Pursuant to Tax Receivable Agreements	$ 94,411	$ 90,375

Marketable Securities and Certificates of Deposit - Amortized Cost and Estimated Fair Value of Marketable Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Amortized Cost Basis	$ 205,593	$ 63,454
Marketable Securities, Accumulated Gross Unrealized Gain, before Tax	1,366	5,765
Marketable Securities, Accumulated Gross Unrealized Loss, before Tax	2,332	4,187
Marketable Securities	204,627	65,032
Securities Investments - Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Amortized Cost Basis	1,622	1,806
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	10	0
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0	11
Available-for-sale Securities	1,632	1,795
Securities Investments - Equity Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Trading Securities, Cost	666	5,388
Trading Securities, Accumulated Gross Unrealized Gain, before Tax	0	0
Trading Securities, Accumulated Gross Unrealized Loss, before Tax	410	4,144
Debt Securities, Trading, and Equity Securities, FV-NI	256	1,244
Debt Securities Carried by EGL [Member]
Debt Securities, Available-for-sale [Line Items]
Trading Securities, Cost	147,009	34,233
Trading Securities, Accumulated Gross Unrealized Gain, before Tax	954	87
Trading Securities, Accumulated Gross Unrealized Loss, before Tax	0	26
Debt Securities, Trading, and Equity Securities, FV-NI	147,963	34,294
Investment Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Trading Securities, Cost	56,296	22,027
Trading Securities, Accumulated Gross Unrealized Gain, before Tax	402	5,678
Trading Securities, Accumulated Gross Unrealized Loss, before Tax	1,922	6
Debt Securities, Trading, and Equity Securities, FV-NI	$ 54,776	$ 27,699

Marketable Securities and Certificates of Deposit - Scheduled Maturities of Available-for-Sale Debt Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Due within one year, amortized cost	$ 391	$ 204
Due after one year through five years, amortized cost	1,231	1,602
Total, amortized cost	1,622	1,806
Due within one year, fair value	391	204
Due after one year through five years, fair value	1,241	1,591
Total, fair value	$ 1,632	$ 1,795

Marketable Securities and Certificates of Deposit - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Marketable Securities [Line Items]
Certificates of Deposit, at Carrying Value	$ 100,000	$ 63,527
Securities Investments - Debt Securities [Member]
Schedule Of Marketable Securities [Line Items]
Marketable Securities, Realized Gains (Losses)	(28)	(38)	$ (46)
Securities Investments - Equity Securities [Member]
Schedule Of Marketable Securities [Line Items]
Marketable Securities, Realized and Unrealized Gains (Losses)	(193)	64	(1,403)
Debt Securities Carried by EGL [Member]
Schedule Of Marketable Securities [Line Items]
Marketable Securities, Realized and Unrealized Gains (Losses)	546	(865)	(937)
Investment Funds [Member]
Schedule Of Marketable Securities [Line Items]
Marketable Securities, Realized and Unrealized Gains (Losses)	$ (5,113)	$ 4,088	$ 2,128

Financial Instruments Owned and Pledged as Collateral at Fair Value, Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase - Additional Information (Details)	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
Securities Average Estimated Maturity Period (in years)	2 years 2 months
Confidence Level Value at Risk (as a percent)	98.00%
Value at Risk Threshold (as a percent)	0.10%

Financial Instruments Owned and Pledged as Collateral at Fair Value, Securities Purchased Under Agreements to Resell and Securities Sold Under Agreements to Repurchase - Summary of Assets, Liabilities and Collateral Received or Pledged (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial Instruments Owned and Pledged as Collateral [Line Items]
Financial Instruments Owned and Pledged as Collateral at Fair Value	$ 22,349	$ 19,374
Securities Purchased Under Agreements to Resell	2,696	10,645
Securities Sold Under Agreements to Repurchase	(25,075)	(30,027)
Asset (Liability) Balance [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Financial Instruments Owned and Pledged as Collateral at Fair Value	22,349	19,374
Securities Purchased Under Agreements to Resell	2,696	10,645
Total Assets	25,045	30,019
Securities Sold Under Agreements to Repurchase	(25,075)	(30,027)
Market Value of Collateral Received or (Pledged) [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities Purchased Under Agreements to Resell	2,701	10,643
Securities Sold Under Agreements to Repurchase	$ (25,099)	$ (30,020)

Investments - Summary of Other Equity Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	$ 58,507	$ 59,856
Luminis [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	6,517	5,999
Atalanta Sosnoff [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	13,291	13,963
ABS [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment	$ 38,699	$ 39,894

Investments - Additional Information (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 31, 2019	May 31, 2017	Dec. 31, 2010
Schedule of Investments [Line Items]
Income from Equity Method Investments	$ 2,452,000	$ 2,298,000	$ 2,419,000	$ 2,125,000	$ 3,331,000	$ 1,827,000	$ 2,070,000	$ 1,610,000	$ 9,294,000	$ 8,838,000	$ 6,641,000
Amortization of Intangible Assets									9,199,000	9,793,000	11,640,000
Equity Method Investment	58,507,000				59,856,000				58,507,000	59,856,000
Marketable Securities	204,627,000				65,032,000				204,627,000	65,032,000
Net Realized and Unrealized Gains (Losses) on Private Equity Fund Investments, Including Performance Fees									(397,000)	(915,000)	7,616,000
Previously Received Carried Interest Subject to Repayment	0								0
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets	5,445,000				8,730,000				5,445,000	8,730,000
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	8,048,000				10,996,000				8,048,000	10,996,000
Unfunded Commitments for Capital Contributions	15,244,000								15,244,000
Equity Securities without Readily Determinable Fair Value, Amount	1,079,000				1,079,000				1,079,000	1,079,000
Equity Method Investments [Member]
Schedule of Investments [Line Items]
Amortization of Intangible Assets									893,000	1,505,000	3,533,000
Private Equity Funds [Member]
Schedule of Investments [Line Items]
Equity Method Investment	$ 9,800,000				13,812,000				9,800,000	13,812,000
Investment Management [Member]
Schedule of Investments [Line Items]
Income from Equity Method Investments									8,776,000	8,561,000	5,271,000
Investment Banking [Member]
Schedule of Investments [Line Items]
Income from Equity Method Investments									$ 518,000	277,000	1,370,000
ABS [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage	46.00%								46.00%
Income from Equity Method Investments									$ 7,565,000	7,990,000	4,913,000
Equity Method Investment	$ 38,699,000				39,894,000				$ 38,699,000	39,894,000
Atalanta Sosnoff [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage	49.00%								49.00%
Income from Equity Method Investments									$ 1,211,000	493,000	574,000
Equity Method Investment	$ 13,291,000				13,963,000				$ 13,291,000	13,963,000
Atalanta Sosnoff [Member] \| Special Charges [Member] \| Investment Management [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Other than Temporary Impairment											8,100,000
Luminis [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage	19.00%								19.00%
Income from Equity Method Investments									$ 518,000	499,000
Equity Method Investment	$ 6,517,000				5,999,000				6,517,000	5,999,000
G5 [Member]
Schedule of Investments [Line Items]
Income from Equity Method Investments										(144,000)	$ 1,154,000
Equity Method Investment													$ 11,555,000
Debt Securities, Held-to-maturity	9,717,000				10,995,000				9,717,000	10,995,000
G5 [Member] \| Special Charges [Member] \| Investment Banking [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Other than Temporary Impairment										14,400,000
Glisco IV [Member] \| Private Equity Funds [Member]
Schedule of Investments [Line Items]
Equity Method Investment	45,000								$ 45,000
ECP II [Member] \| Variable Interest Entity, Not Primary Beneficiary [Member] \| Minimum [Member]
Schedule of Investments [Line Items]
Percent Ownership of Carried Interest									8.00%
ECP II [Member] \| Variable Interest Entity, Not Primary Beneficiary [Member] \| Maximum [Member]
Schedule of Investments [Line Items]
Percent Ownership of Carried Interest									9.00%
ECP II [Member] \| Private Equity Funds [Member]
Schedule of Investments [Line Items]
Equity Method Investment	795,000				833,000				$ 795,000	833,000
Cash	786,000								786,000
Marketable Securities	9,000								9,000
Glisco II [Member]
Schedule of Investments [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid									2,059,000	2,106,000
Trilantic IV [Member]
Schedule of Investments [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid									194,000
Investment					1,178,000					1,178,000
Trilantic V [Member]
Schedule of Investments [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid									1,549,000	2,311,000
Investment	467,000				4,513,000				467,000	4,513,000
Capital Commitment	5,000,000								5,000,000
Unfunded Commitments for Capital Contributions	582,000								582,000
Trilantic [Member]
Schedule of Investments [Line Items]
Issued LP Units (in shares)														500,000
Limited Partnership Investment														$ 16,090,000
Investment	9,932,000				10,399,000				9,932,000	10,399,000
Trilantic VI [Member]
Schedule of Investments [Line Items]
Capital Commitment	12,000,000								12,000,000
Trilantic VI [Member] \| Subsequent Event [Member]
Schedule of Investments [Line Items]
Other Ownership Interests, Contributed Capital												$ 2,200,000
Glisco [Member]
Schedule of Investments [Line Items]
Equity Securities without Readily Determinable Fair Value, Amount	$ 1,609,000				$ 2,172,000				$ 1,609,000	$ 2,172,000

Investments - Summary of Investments in Private Equity Funds (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	$ 58,507	$ 59,856
Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	9,800	13,812
Trilantic IV and V [Member] \| Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	5,125	6,421
Glisco II, III and IV [Member] \| Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	3,880	6,558
ECP II [Member] \| Private Equity Funds [Member]
Schedule of Equity Method Investments [Line Items]
Investment in Private Equity Funds	$ 795	$ 833

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2017
Fair Value Measurements, Nonrecurring [Line Items]
Assets, Fair Value Disclosure	$ 257,717	$ 97,852
Level III [Member]
Fair Value Measurements, Nonrecurring [Line Items]
Assets, Fair Value Disclosure	$ 0	$ 0
Institutional Asset Management [Member] \| Level III [Member]
Fair Value Measurements, Nonrecurring [Line Items]
Assets, Fair Value Disclosure			$ 14,401
G5 [Member] \| Equity Method Investments [Member] \| Level III [Member]
Fair Value Measurements, Nonrecurring [Line Items]
Assets, Fair Value Disclosure			$ 11,555

Fair Value Measurements - Carrying Amount and Estimated Fair Value of Financial Instrument Assets and Liabilities which are Not Measured at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Level I [Member]
Financial Assets:
Cash and Cash Equivalents	$ 759,849	$ 596,141
Certificates of Deposit	0	0
Securities Purchased Under Agreements to Resell	0	0
Receivables(1)	0
Contract Assets(2)	0
Accounts Receivable		0
Receivable from Employees and Related Parties	0	0
Financial Liabilities:
Accounts Payable and Accrued Expenses	0	0
Securities Sold Under Agreements to Repurchase	0	0
Payable to Employees and Related Parties	0	0
Notes Payable	0	0
Subordinated Borrowings		0
Level II [Member]
Financial Assets:
Cash and Cash Equivalents	0	0
Certificates of Deposit	100,000	63,527
Securities Purchased Under Agreements to Resell	2,696	10,645
Receivables(1)	369,636
Contract Assets(2)	3,348
Accounts Receivable		184,993
Receivable from Employees and Related Parties	23,836	17,030
Financial Liabilities:
Accounts Payable and Accrued Expenses	37,948	34,111
Securities Sold Under Agreements to Repurchase	25,075	30,027
Payable to Employees and Related Parties	31,894	31,167
Notes Payable	166,555	171,929
Subordinated Borrowings		6,859
Level III [Member]
Financial Assets:
Cash and Cash Equivalents	0	0
Certificates of Deposit	0	0
Securities Purchased Under Agreements to Resell	0	0
Receivables(1)	0
Contract Assets(2)	0
Accounts Receivable		0
Receivable from Employees and Related Parties	0	0
Financial Liabilities:
Accounts Payable and Accrued Expenses	0	0
Securities Sold Under Agreements to Repurchase	0	0
Payable to Employees and Related Parties	0	0
Notes Payable	0	0
Subordinated Borrowings		0
Carrying Amount [Member]
Financial Assets:
Cash and Cash Equivalents	759,849	596,141
Certificates of Deposit	100,000	63,527
Securities Purchased Under Agreements to Resell	2,696	10,645
Receivables(1)	370,023
Contract Assets(2)	3,374
Accounts Receivable		184,993
Receivable from Employees and Related Parties	23,836	17,030
Financial Liabilities:
Accounts Payable and Accrued Expenses	37,948	34,111
Securities Sold Under Agreements to Repurchase	25,075	30,027
Payable to Employees and Related Parties	31,894	31,167
Notes Payable	168,612	168,347
Subordinated Borrowings		6,799
Total [Member]
Financial Assets:
Cash and Cash Equivalents	759,849	596,141
Certificates of Deposit	100,000	63,527
Securities Purchased Under Agreements to Resell	2,696	10,645
Receivables(1)	369,636
Contract Assets(2)	3,348
Accounts Receivable		184,993
Receivable from Employees and Related Parties	23,836	17,030
Financial Liabilities:
Accounts Payable and Accrued Expenses	37,948	34,111
Securities Sold Under Agreements to Repurchase	25,075	30,027
Payable to Employees and Related Parties	31,894	31,167
Notes Payable	166,555	171,929
Subordinated Borrowings		6,859
Held-to-maturity Securities [Member] \| Level I [Member]
Financial Assets:
Investments	0	0
Held-to-maturity Securities [Member] \| Level II [Member]
Financial Assets:
Investments	0	0
Held-to-maturity Securities [Member] \| Level III [Member]
Financial Assets:
Investments	9,717	10,995
Held-to-maturity Securities [Member] \| Carrying Amount [Member]
Financial Assets:
Investments	9,717	10,995
Held-to-maturity Securities [Member] \| Total [Member]
Financial Assets:
Investments	9,717	10,995
Equity Securities [Member] \| Level I [Member]
Financial Assets:
Investments	0	0
Equity Securities [Member] \| Level II [Member]
Financial Assets:
Investments	0	0
Equity Securities [Member] \| Level III [Member]
Financial Assets:
Investments	1,079	1,079
Equity Securities [Member] \| Carrying Amount [Member]
Financial Assets:
Investments	1,079	1,079
Equity Securities [Member] \| Total [Member]
Financial Assets:
Investments	$ 1,079	$ 1,079

Furniture, Equipment and Leasehold Improvements - Components of Furniture, Equipment and Leasehold Improvements (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Furniture and Equipment	$ 39,349	$ 31,715
Leasehold Improvements	91,597	72,199
Computer and Technology-related	39,617	34,943
Total	170,563	138,857
Less: Accumulated Depreciation and Amortization	(89,494)	(70,264)
Furniture, Equipment and Leasehold Improvements, Net	$ 81,069	$ 68,593

Furniture, Equipment and Leasehold Improvements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization	$ 17,855	$ 15,026	$ 13,160
Special Charges [Member]
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization	$ 2,058

Notes Payable and Subordinated Borrowings - Additional Information (Details) - USD ($)		1 Months Ended				12 Months Ended
	Mar. 30, 2016	May 31, 2018	Mar. 31, 2018	Apr. 30, 2017	Feb. 28, 2017	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Minimum Repayment of Aggregate Principal Amount of Senior Notes (as a percent)						5.00%
Outstanding Principal Amount of Senior Notes (as a percent)						100.00%
Subordinated Borrowing, Interest Rate (as a percent)						5.50%
Subordinated Borrowings						$ 0	$ 6,799,000
Subordinated Debt [Member]
Debt Instrument [Line Items]
Extinguishment of Debt, Amount		$ 99,000	$ 6,700,000	$ 3,751,000	$ 6,000,000
Parent Company [Member] \| Senior Notes [Member]
Debt Instrument [Line Items]
Extinguishment of Debt, Amount	$ 120,000,000
Parent Company [Member] \| Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	170,000,000
Parent Company [Member] \| Series A Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 38,000,000
Debt Instrument, Interest Rate, Stated Percentage	4.88%
Parent Company [Member] \| Series B Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 67,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.23%
Parent Company [Member] \| Series C Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 48,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.48%
Parent Company [Member] \| Series D Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 17,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.58%

Notes Payable and Subordinated Borrowings - Schedule of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Series A Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate	5.16%
Carrying Value	$ 37,776	$ 37,684
Series B Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate	5.44%
Carrying Value	$ 66,466	66,356
Series C Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate	5.64%
Carrying Value	$ 47,542	47,493
Series D Senior Notes [Member]
Debt Instrument [Line Items]
Effective Annual Interest Rate	5.72%
Carrying Value	$ 16,828	16,814
Senior Notes [Member]
Debt Instrument [Line Items]
Carrying Value	$ 168,612	$ 168,347

Notes Payable and Subordinated Borrowings - Schedule of Future Payments (Details) - Senior Notes [Member] $ in Thousands	Dec. 31, 2018 USD ($)
Debt Instrument [Line Items]
2019	$ 8,937
2020	8,937
2021	46,010
2022	7,083
2023	72,331
Thereafter	75,844
Total	$ 219,142

Employee Benefit Plans (Details) - USD ($)	12 Months Ended
Employee Benefit Plans (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Maximum Annual Contributions Per Employee, (as a percent)	10.00%
Payment for Pension Benefits	$ 137,000	$ 165,000	$ 82,000
Minimum [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plans Annual Contribution Percentage of Employee's Salary (as a percent)	15.00%
Defined Contribution Plan Contribution Percentage By Employee (as a percent)	7.50%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay (as a percent)	5.00%
Maximum [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plans Annual Contribution Percentage of Employee's Salary (as a percent)	50.00%
Defined Contribution Plan Contribution Percentage By Employee (as a percent)	10.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay (as a percent)	10.00%
Evercore Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0	0	0
Evercore Europe Plan After July 2011 [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plans Annual Contribution Percentage of Employee's Salary (as a percent)	15.00%
Evercore Europe Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 2,915,000	$ 3,145,000	$ 3,524,000
ISI U.K. Plan Through March 2018 [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension Contributions, Percent of Employees Salary (as a percent)	5.00%
ISI U.K. Plan Starting in April 2018 [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension Contributions, Percent of Employees Salary (as a percent)	6.00%

Evercore Inc. Stockholders' Equity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended								12 Months Ended
	Jan. 29, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2018
Temporary Equity [Line Items]
Dividends Declared Per Share of Class A Common Stock (in dollars per share)		$ 0.50	$ 0.50	$ 0.50	$ 0.40	$ 0.40	$ 0.34	$ 0.34	$ 0.34	$ 1.90	$ 1.42
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)										$ 1.90	$ 1.42
Declared and Paid Dividends, Cash										$ 77,302	$ 56,521
Accrued Deferred Cash Dividends										$ 12,288	$ 9,815
Treasury Stock, Shares, Acquired (in shares)										3,106	3,916
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)										$ 93.24	$ 74.99
Increase in Treasury Stock										$ 289,681	$ 293,753
LP Units Exchanged By Employees (in units)										1,182	1,213
Increase in Common Stock										$ 12	$ 12
Adjustments to Additional Paid-In-Capital										46,583	44,729
Accumulated Unrealized Gain (Loss) on Marketable Securities		$ (3,525)								(3,525)
Foreign Currency Translation Adjustment Gain (Loss), Net		$ (26,909)								$ (26,909)
Cumulative Effect of Accounting Change						$ 0					$ 0
Accounting Standards Update 2016-01 [Member]
Temporary Equity [Line Items]
Cumulative Effect of Accounting Change												$ 2,229
Share Repurchase Program [Member]
Temporary Equity [Line Items]
Treasury Stock, Shares, Acquired (in shares)										2,021	2,757
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)										$ 89.81	$ 73.75
Share Repurchase Program [Member] \| Minimum [Member]
Temporary Equity [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share)										80.05	67.37
Share Repurchase Program [Member] \| Maximum [Member]
Temporary Equity [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share)										$ 112.30	$ 78.81
Net Settlement of Share Based Awards [Member]
Temporary Equity [Line Items]
Treasury Stock, Shares, Acquired (in shares)										1,085	1,159
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)										$ 99.64	$ 77.95
Net Settlement of Share Based Awards [Member] \| Minimum [Member]
Temporary Equity [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share)										79.47	50.90
Net Settlement of Share Based Awards [Member] \| Maximum [Member]
Temporary Equity [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share)										$ 115.30	$ 90.50
Subsequent Event [Member]
Temporary Equity [Line Items]
Dividends Declared Per Share of Class A Common Stock (in dollars per share)	$ 0.50
G5 [Member]
Temporary Equity [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax											$ 16,266

Noncontrolling Interest - Schedule of Noncontrolling Interest (Details)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Evercore LP [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)	11.00%	12.00%	14.00%
Evercore Wealth Management [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)	43.00%	42.00%	42.00%
Private Capital Advisory L.P. (PCA) [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest (as a percent)	24.00%	25.00%	39.00%

Noncontrolling Interest - Changes In Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance				$ 252,404					$ 252,404
Comprehensive Income (Loss):
Net Income Attributable to Noncontrolling Interest	$ 28,851	$ 9,838	$ 12,729	14,193	$ 18,013	$ 14,171	$ 7,693	$ 13,876	65,611	$ 53,753	$ 40,984
Total Comprehensive Income									65,408	57,128	37,247
Total Other Items									(66,717)	(36,879)	(50,047)
Ending balance	249,819				252,404				249,819	252,404
Noncontrolling Interest [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance				$ 252,404				$ 256,033	252,404	256,033	202,664
Comprehensive Income (Loss):
Net Income Attributable to Noncontrolling Interest									65,611	53,753	40,984
Other Comprehensive Income (Loss)									(203)	3,375	(3,737)
Total Comprehensive Income									65,408	57,128	37,247
Evercore LP Units Purchased or Converted into Class A Shares									(46,594)	(47,263)	(16,480)
Amortization and Vesting of LP Units/Interests									19,860	14,922	81,392
Distributions to Noncontrolling Interests									(41,413)	(36,374)	(38,154)
Issuance of Noncontrolling Interest									1,165	8,460	885
Purchase of Noncontrolling Interest									(1,011)	(281)	(5,225)
Deconsolidation of GCP III									0	0	(5,808)
Other, net									0	(221)	(488)
Total Other Items									(41,259)	(28,416)	(48,790)
Ending balance	$ 249,819				$ 252,404				$ 249,819	$ 252,404	$ 256,033

Noncontrolling Interest - Additional Information (Details) - USD ($) shares in Thousands, $ in Thousands					12 Months Ended
	Mar. 29, 2018	Dec. 11, 2017	Mar. 03, 2017	Jan. 29, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Noncontrolling Interest [Line Items]
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest					$ (43)	$ 75	$ (699)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest					(160)	3,300	(3,038)
Adjustments to Additional Paid-In-Capital					(46,583)	(44,729)
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Issuance of Noncontrolling Interest					1,165	8,460	885
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests					1,011	281	5,225
Noncontrolling Interest, Decrease from Deconsolidation					0	$ 0	$ 5,808
LP Unit Purchases [Member]
Noncontrolling Interest [Line Items]
Evercore LP Units Purchased or Converted into Class A Common Stock, Shares						32	5
Noncontrolling Interest, Period Increase (Decrease)						$ (2,523)	$ (235)
Class A LP Units [Member]
Noncontrolling Interest [Line Items]
Grant of LP Units (in units)						112
Adjustments to Additional Paid-In-Capital					(2,329)
Class A LP Units [Member] \| Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Issuance of Noncontrolling Interest						$ 8,460
PCA [Member]
Noncontrolling Interest [Line Items]
Issuance of Noncontrolling Interest					770
Purchase of Noncontrolling Interest (as a percent)	15.00%		13.00%
Purchase of Noncontrolling Interest	$ 25,525		$ 7,071
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests					298	281
Adjustments to Additional Paid-In-Capital					$ 25,227	$ 8,219
PCA [Member]
Noncontrolling Interest [Line Items]
Purchase of Noncontrolling Interest (as a percent)		1.00%
Purchase of Noncontrolling Interest		$ 1,429
ECB [Member]
Noncontrolling Interest [Line Items]
Purchase of Noncontrolling Interest				$ 6,482
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests							5,225
Adjustments to Additional Paid-In-Capital							1,257
GCP III [Member] \| Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Decrease from Deconsolidation							$ 5,808

Net Income Per Share Attributable to Evercore Inc. Common Shareholders - Calculation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Weighted average shares of Class A common stock outstanding, including vested RSUs (in shares)									40,595	39,641	39,220
Basic net income per share attributable to Evercore Inc. common shareholders (in dollars per share)	$ 4.07	$ 1.21	$ 1.69	$ 2.36	$ (0.50)	$ 1.18	$ 0.45	$ 2.00	$ 9.29	$ 3.16	$ 2.74
Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Weighted average shares of Class A common stock outstanding, including vested RSUs (in shares)									40,595	39,641	39,220
Diluted weighted average of Class A Shares outstanding (in shares)									45,279	44,826	44,193
Diluted net income per share attributable to Evercore Inc. common shareholders (in dollars per share)	$ 3.67	$ 1.08	$ 1.52	$ 2.10	$ (0.50)	$ 1.04	$ 0.41	$ 1.76	$ 8.33	$ 2.80	$ 2.43
Class A [Member]
Basic Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Net income attributable to Evercore Inc. common shareholders									$ 377,240	$ 125,454	$ 107,528
Weighted average shares of Class A common stock outstanding, including vested RSUs (in shares)									40,595	39,641	39,220
Basic net income per share attributable to Evercore Inc. common shareholders (in dollars per share)									$ 9.29	$ 3.16	$ 2.74
Diluted Net Income Per Share Attributable to Evercore Inc. Common Shareholders
Net income attributable to Evercore Inc. common shareholders									$ 377,240	$ 125,454	$ 107,528
Noncontrolling interest related to the assumed exchange of LP Units for Class A Shares
Associated corporate taxes related to the assumed elimination of Noncontrolling Interest described above
Diluted net income attributable to Evercore Inc. common shareholders									$ 377,240	$ 125,454	$ 107,528
Weighted average shares of Class A common stock outstanding, including vested RSUs (in shares)									40,595	39,641	39,220
Assumed exchange of LP Units for Class A Shares (in shares)									1,378	842	0
Additional shares of the Company's common stock assumed to be issued pursuant to non-vested RSUs and deferred consideration, as calculated using the Treasury Stock Method (in shares)									2,906	2,719	2,065
Shares that are contingently issuable (in shares)									400	1,624	2,908
Diluted weighted average of Class A Shares outstanding (in shares)									45,279	44,826	44,193
Diluted net income per share attributable to Evercore Inc. common shareholders (in dollars per share)									$ 8.33	$ 2.80	$ 2.43

Net Income Per Share Attributable to Evercore Inc. Common Shareholders - Additional Information (Details) shares in Thousands, $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2016	Dec. 31, 2018 USD ($) shares	Dec. 31, 2017 USD ($) shares	Dec. 31, 2016 USD ($) shares
Class G And H Interests and Class I-P and K-P Units [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Shares that are Contingently Issuable		400	1,624	2,908
LP Units [Member] \| Class A and E LP Units [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share (in shares)		5,075	5,920	6,397
Adjustment to Diluted Net Income Attributable to Class A Common Shareholders if LP Units were Dilutive \| $		$ 46,060	$ 28,186	$ 18,196
LP Units [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Limited Partnership Units Convertible Conversion Ratio	1	1

Share-Based and Other Deferred Compensation (Details) $ / shares in Units, $ in Thousands		1 Months Ended			3 Months Ended			12 Months Ended				23 Months Ended	24 Months Ended
	Feb. 15, 2019 shares	Nov. 30, 2017 USD ($) shares	Jul. 31, 2017 vote shares	Nov. 30, 2016 USD ($) tranche shares	Mar. 31, 2019 USD ($) shares	Mar. 31, 2017 USD ($) shares	Jun. 30, 2013 shares	Dec. 31, 2018 USD ($) payment_installment $ / shares shares	Dec. 31, 2017 USD ($) $ / shares shares	Dec. 31, 2016 USD ($) $ / shares shares	Dec. 31, 2014 shares	Feb. 15, 2020 shares	Dec. 31, 2019 USD ($)	Dec. 31, 2006 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement Compensation Expense								$ 58,430	$ 24,677	$ 15,504
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense								39,958	53,402	44,209
Severance Costs								9,420	6,655	6,820
Cash Payments Related to Separation Benefits								8,565	2,914	$ 3,622
Special Charges [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Severance Costs								$ 2,024	$ 3,930
LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Limited Partnership Units Convertible Conversion Ratio				1				1
Two Thousand Six Stock Incentive Plan [Member] \| Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized \| shares														20,000,000
Number of Additional Shares Authorized (in shares) \| shares							5,000,000
2006 and 2016 Stock Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Vested During Period (in shares) \| shares								2,523,000
Shares Issued During Period (in shares) \| shares								1,968,000
Shares Forfeited During Period (in shares) \| shares								70,000
2016 Stock Incentive Plan [Member] \| Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Additional Shares Authorized (in shares) \| shares										10,000,000
Number of Shares Available for Grant (in shares) \| shares								5,349,000	7,247,000
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement Compensation Expense								$ 42,745	$ 31,923	$ 35,258
Long Term Incentive Plan Performance Period (in years)								4 years
Number of Payment Installments \| payment_installment								3
Long Term Incentive Plan [Member] \| Second Installment [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Distribution Paid								$ 4,532	34,157
Long Term Incentive Plan [Member] \| Other Current Liabilities [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Recorded Liability								19,489
Long Term Incentive Plan [Member] \| Other Noncurrent Liabilities [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Recorded Liability								$ 65,406
Class G LP Interests [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Management Basis EBIT Margin (as a percent)								12.00%
Class G LP Interests [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Management Basis EBIT Margin (as a percent)								16.00%
Class H LP Interests [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class H Interests Performance Period (in years)								3 years
Class H LP Interests [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Management Basis EBIT Margin (as a percent)								7.00%
Management Basis EBIT								$ 8,000
Class H LP Interests [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Management Basis EBIT Margin (as a percent)								17.00%
Management Basis EBIT								$ 48,000
Class J LP Units [Member] \| Acquisition Related [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Vested During Period (in shares) \| shares	632,000
Class I-P Units [Member] \| Board of Directors Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)								4,619	4,619	$ 544
Grant of I-P Units (in units) \| shares				400,000
Retirement Notice Requirement				1 year
Number of Tranches of Class I-P Units \| tranche				2
Number of Class I-P Units in Each Tranche (in units) \| shares				200,000
Number of Consecutive Trading Days Required for Class I-P Units to Exceed Thresholds				20 days
Grant of I-P Units, Fair Value of Award				$ 24,412
Class K-P Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)								1,200	197
Limited Partnership Units Convertible Conversion Ratio		1
Grant of K-P Units (in units) \| shares		64,000
K-P Units to be Granted Upon Achievement of Benchmarks (in units) \| shares		16,000
Grant of K-P Units, Fair Value of Award		$ 5,000
LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options								$ 33,034
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition								19 months
Restricted Stock Units (RSUs) [Member] \| Board of Directors Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Issued During Period (in shares) \| shares										900,000
Restricted Stock Units (RSUs) [Member] \| Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number (in shares) \| shares								77,000
Restricted Stock Units (RSUs) [Member] \| 2006 and 2016 Stock Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)								$ 171,354	$ 156,353	$ 125,990
Shares Vested During Period (in shares) \| shares								2,523,000	2,512,000	2,609,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options								$ 267,579
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition								25 months
Shares Issued During Period (in shares) \| shares										3,144,000
Shares Forfeited During Period (in shares) \| shares								70,000	154,000	181,000
Restricted Stock Units (RSUs) [Member] \| 2006 and 2016 Stock Incentive Plans [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Grant Date Fair Value (in dollars per share) \| $ / shares										$ 44.30
Restricted Stock Units (RSUs) [Member] \| 2006 and 2016 Stock Incentive Plans [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Grant Date Fair Value (in dollars per share) \| $ / shares										$ 70.65
Restricted Stock Units (RSUs) [Member] \| 2016 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Issued During Period (in shares) \| shares								1,968,000	2,813,000
Restricted Stock Units (RSUs) [Member] \| 2016 Stock Incentive Plan [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Issued During Period (in shares) \| shares					2,400,000
Awards Vesting Period					4 years
Restricted Stock Units (RSUs) [Member] \| 2016 Stock Incentive Plan [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Grant Date Fair Value (in dollars per share) \| $ / shares								$ 81.84	$ 69.10
Restricted Stock Units (RSUs) [Member] \| 2016 Stock Incentive Plan [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Grant Date Fair Value (in dollars per share) \| $ / shares								$ 114.80	$ 85.68
Deferred Cash Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation, Vesting Period (in years)								4 years
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount								$ 82,592	$ 3,750	$ 41,147
Deferred Compensation Arrangement with Individual, Compensation Cost Not Yet Recognized								$ 111,800
Deferred Compensation Arrangement With Individual, Total Compensation Cost Not Yet Recognized Period For Recognition								30 months
Deferred Cash Compensation Program [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation, Vesting Period (in years)					4 years
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount					$ 93,000
Restricted Cash Award [Member] \| Board of Directors Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Retirement Notice Requirement				6 months
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				$ 35,000
Deferred Compensation Arrangement With Individual Cash Award Tranche One Vesting Amount				11,000
Deferred Compensation Arrangement With Individual Cash Award Tranche Two Vesting Amount				$ 6,000
Awards Vesting Period				4 years
Restricted Cash Award [Member] \| Minimum [Member] \| Board of Directors Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				$ 8,750
Restricted Cash Award [Member] \| Maximum [Member] \| Board of Directors Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				$ 35,000
Other Deferred Cash [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount									$ 29,500
Awards Vesting Period									5 years
Long Term Incentive Plan [Member] \| 2013 Long-term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Compensation Cost Not Yet Recognized								$ 191
Long Term Incentive Plan [Member] \| 2017 Long-term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Compensation Cost Not Yet Recognized								93,939
Employee Loans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement Compensation Expense								17,971	$ 20,969	$ 19,625
Deferred Compensation Arrangement with Individual, Recorded Liability								$ 36,464
Requisite Service Period (in years)								1 year
Maximum Contractual Term (in years)								5 years
Evercore ISI [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Management Basis EBIT Margin (as a percent)									11.70%	16.10%
Management Basis EBIT									$ 26,904	$ 39,634
Evercore ISI [Member] \| Scenario, Forecast [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Management Basis EBIT Margin (as a percent)													14.00%
Management Basis EBIT													$ 34,357
Evercore ISI [Member] \| Class E LP Units [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units Amended In Period (in units) \| shares						19,000
Evercore ISI [Member] \| Class E LP Units [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)									17,962	21,077
Evercore ISI [Member] \| Class G LP Interests [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units Amended In Period (in units) \| shares						14,000
Evercore ISI [Member] \| Class H LP Interests [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Units Outstanding (in units) \| shares			4,148,000
Units Amended In Period (in units) \| shares						162,000
Evercore ISI [Member] \| Class H LP Interests [Member] \| Acquisition Related [Member] \| Scenario, Forecast [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Interests That Would Vest Related To Acquisition Related Awards Based On Current Performance (in units) \| shares												2,005,000
Evercore ISI [Member] \| Class J LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Number of Votes \| vote			1
Evercore ISI [Member] \| Class J LP Units [Member] \| Class B [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, New Issues \| shares			1
Evercore ISI [Member] \| Class J LP Units [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Vested During Period (in shares) \| shares								632,000
Shares Issued During Period (in shares) \| shares								0
Shares Forfeited During Period (in shares) \| shares								0
Evercore ISI [Member] \| Class J LP Units [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)								$ 15,054	6,020
Evercore ISI [Member] \| Class G And H Interests [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)						$ (26,224)			(12,897)	$ 59,357
Evercore ISI [Member] \| Vested LP Units [Member] \| Class E LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares											710,000
Evercore ISI [Member] \| Vested LP Units [Member] \| Class G LP Interests [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares											538,000
Evercore ISI [Member] \| Vested LP Units [Member] \| Class H LP Interests [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares											2,044,000
Evercore ISI [Member] \| Vested LP Units [Member] \| Class J LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares			1,012,000
Evercore ISI [Member] \| Vested LP Units [Member] \| Class J LP Units [Member] \| Subject to Continued Employment [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares			963,000
Evercore ISI [Member] \| Unvested LP Units [Member] \| Class E LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares											710,000
Evercore ISI [Member] \| Unvested LP Units [Member] \| Class G LP Interests [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares											540,000
Evercore ISI [Member] \| Unvested LP Units [Member] \| Class H LP Interests [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares											2,051,000
Evercore ISI [Member] \| Unvested LP Units [Member] \| Class J LP Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of LP Units (in units) \| shares			938,000
Evercore ISI [Member] \| Modified LP Units and Interests [Member] \| Acquisition Related [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation Expense (Reversal of Expense)									3,532
Amended Grant Date Weighted Average Fair Value, Granted									$ 14,891

Share-Based and Other Deferred Compensation - Summary of Activity Related to Share-Based Awards (Details) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018 USD ($) shares
2006 and 2016 Stock Incentive Plans [Member]
Number of Shares
Unvested Balance at January 1, 2018 (in shares) \| shares	7,035
Granted (in shares) \| shares	1,968
Modified (in shares) \| shares	0
Forfeited (in shares) \| shares	(70)
Vested (in shares) \| shares	(2,523)
Unvested Balance at December 31, 2018 (in shares) \| shares	6,410
Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2018 \| $	$ 437,021
Granted \| $	186,964
Modified \| $	0
Forfeited \| $	(5,394)
Vested \| $	(149,686)
Unvested Balance at December 31, 2018 \| $	$ 468,905
Class J LP Units [Member] \| Evercore ISI [Member] \| Acquisition Related [Member]
Number of Shares
Unvested Balance at January 1, 2018 (in shares) \| shares	1,897
Granted (in shares) \| shares	0
Modified (in shares) \| shares	0
Forfeited (in shares) \| shares	0
Vested (in shares) \| shares	(632)
Unvested Balance at December 31, 2018 (in shares) \| shares	1,265
Grant Date Weighted Average Fair Value
Unvested Balance at January 1, 2018 \| $	$ 36,272
Granted \| $	0
Modified \| $	0
Forfeited \| $	0
Vested \| $	(12,091)
Unvested Balance at December 31, 2018 \| $	$ 24,181

Commitments and Contingencies - Additional Information (Details) shares in Thousands, ¥ in Billions		2 Months Ended	12 Months Ended
	Jul. 01, 2018 ft² Floor	Mar. 02, 2018 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Mar. 31, 2019 USD ($)	Mar. 31, 2019 JPY (¥)	Jun. 24, 2016 USD ($)	Jul. 31, 2015 USD ($) shares
Other Commitments [Line Items]
Rental Expense Relating to Operating Leases			$ 43,893,000	$ 39,485,000	$ 33,405,000
Other Assets			89,480,000	65,073,000
Additional Floors \| Floor	7
Additional Floors Commencing on Lease Effective Date \| Floor	3
Time to Take Possession of Additional Floors	5 years
Square Feet of Office Space \| ft²	350,000
Unfunded Commitments for Capital Contributions			15,244,000
Contractual Obligations Related To Tax Receivable Agreements			103,572,000
Payment To Counterparties To Tax Receivable Agreement Within One Year Or Less			9,161,000
Payment To Counterparties To Tax Receivable Agreement One To Three Years			19,304,000
Payment To Counterparties To Tax Receivable Agreement Three To Five Years			20,002,000
Payment To Counterparties To Tax Receivable Agreement After Five Years			$ 55,105,000
Underwritten Shares (in shares) \| shares									294
Aggregate Offering Price									$ 30,800,000
Inter-Bank Balance Interest Rate [Member]
Other Commitments [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0.10%
Subsequent Event [Member] \| Foreign Exchange Forward [Member]
Other Commitments [Line Items]
Derivative Asset, Notional Amount						$ 35,598,000	¥ 3.8
PNC Bank [Member]
Other Commitments [Line Items]
Maximum Borrowing Capacity								$ 30,000,000
Amount Outstanding During Period		$ 30,000,000
BBVA Bancomer [Member]
Other Commitments [Line Items]
Maximum Borrowing Capacity			$ 10,175,000
Office Equipment [Member]
Other Commitments [Line Items]
Rental Expense Relating to Operating Leases			3,338,000	2,394,000	$ 2,449,000
Letter of Credit [Member]
Other Commitments [Line Items]
Other Assets			$ 5,502,000	$ 5,398,000

Commitments and Contingencies - Aggregate Minimum Future Payments Required on Operating Leases (Details) $ in Thousands	Dec. 31, 2018 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 36,537
2020	39,059
2021	39,561
2022	39,585
2023	27,564
Thereafter	403,450
Total	$ 585,756

- Commitments and Contingencies - Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Cash and Cash Equivalents	$ 790,590	$ 609,587	$ 558,524
Restricted Cash included in Other Assets	9,506	7,798	17,113
Total Cash, Cash Equivalents and Restricted Cash shown in the Statement of Cash Flows	$ 800,096	$ 617,385	$ 575,637	$ 463,257

Regulatory Authorities (Details) - USD ($)	12 Months Ended
Regulatory Authorities (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
EGL [Member]
Regulatory Authorities [Line Items]
Alternative Net Capital Requirement	$ 250,000
Net Capital	331,097,000	$ 238,588,000
Alternative Excess Net Capital	330,847,000	$ 238,338,000
Evercore Trust Company [Member]
Regulatory Authorities [Line Items]
Tier One Capital	5,000,000
Minimum Liquid Assets, Amount	$ 3,500,000
Coverage of Operating Expenses (in days)	180 days

Income Taxes Income Taxes - Additional Information (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Line Items]
Taxes Payable	$ 33,621	$ 16,494
Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Change In Tax Rate, Provisional Income Tax Expense (Benefit)	$ 399	$ 143,261
Effective Income Tax Rate Reconciliation, Tax Cuts and Jobs Act, Percent		27.10%
Effective Income Tax Rate Reconciliation Reduction From Tax Cuts And Jobs Act Of 2017, Percent	12.30%
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount	$ 23,350	$ 24,003
Effective Income Tax Rate Reconciliation, ASU 2016-09 Benefit for Stock Compensation, Percent	4.20%	5.50%	0.00%
Increase (Decrease) In Net Deferred Tax Assets	$ 42,198
Adjustments to Additional Paid-In-Capital	$ 46,583	$ 44,729
Tax Savings Distribution Ratio To Unit Holders (as a percent)	85.00%
Retained Ratio Of Tax Savings (as a percent)	15.00%
Deferred Tax Assets	$ 241,092	198,894
Amounts Due Pursuant to Tax Receivable Agreements	94,411	90,375
Increase (Decrease) In Deferred Tax Assets Associated With Changes In Unrealized Gain Loss On Marketable Securities In Accumulated Other Comprehensive Income Loss	86	(207)
Increase (Decrease) In Deferred Tax Assets Associated With Changes In Foreign Currency Translation Adjustment Gain Loss In Accumulated Other Comprehensive Income Loss	439	$ (4,046)
Tax Credit Carryforward, Amount	6,581
Deferred Tax Assets, Valuation Allowance, Noncurrent	$ 3,249
Class A and E LP Units [Member]
Income Taxes [Line Items]
LP Units Exchanged By Employees and Purchased by Company (in units)	1,182
Adjustments to Additional Paid-In-Capital	$ 13,973
Class A LP Units [Member]
Income Taxes [Line Items]
Adjustments to Additional Paid-In-Capital	$ 2,329
LP Units Exchanged by Employees Which Triggered Additional Liability Under Tax Receivable Agreement (in units)	551
Deferred Tax Assets	$ 15,526
Amounts Due Pursuant to Tax Receivable Agreements	13,197
Evercore LP [Member]
Income Taxes [Line Items]
Increase (Decrease) In Net Deferred Tax Assets	$ 14,844

Income Taxes - Components of Income before Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Income Before Income Tax [Line Items]
Income Before Income Tax Expense	$ 485,760	$ 383,896	$ 226,831
United States [Member]
Schedule Of Income Before Income Tax [Line Items]
Income Before Income Tax Expense	449,171	379,407	204,920
Non-US [Member]
Schedule Of Income Before Income Tax [Line Items]
Income Before Income Tax Expense	$ 36,589	$ 4,489	$ 21,911

Income Taxes - Components of Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current:
Federal									$ 80,690	$ 85,371	$ 79,596
Foreign									7,360	9,796	10,832
State and Local									24,451	14,955	18,832
Total Current									112,501	110,122	109,260
Deferred:
Federal									(4,771)	150,800	11,510
Foreign									(61)	(3,464)	(1,439)
State and Local									851	984	(28)
Total Deferred									(3,981)	148,320	10,043
Total	$ 60,502	$ 17,539	$ 25,541	$ 4,938	$ 188,876	$ 28,815	$ 22,459	$ 18,292	$ 108,520	$ 258,442	$ 119,303

Income Taxes - Reconciliation between Statutory Income Tax Rate and Effective Tax Rate (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
U.S. Statutory Tax Rate	21.00%	35.00%	35.00%
Increase Due to State and Local Taxes	3.60%	3.10%	4.80%
Rate Benefits As Limited Liability Company Flow Through	(2.60%)	(2.30%)	(5.90%)
Foreign Taxes	0.20%	(1.10%)	0.70%
Non-Deductible Expenses	1.20%	1.60%	9.90%
ASU 2016-09 Benefit for Stock Compensation	(4.20%)	(5.50%)	(0.00%)
Tax Cuts and Jobs Act - Reduction to Tax Receivable Agreement Liability	(0.00%)	(5.60%)	(0.00%)
Tax Cuts and Jobs Act - Primarily Related to the Re-measurement of Net Deferred Tax Assets	0.10%	32.70%	0.00%
Valuation Allowances	0.30%	1.10%	0.00%
Other Adjustments	0.10%	0.10%	0.00%
Effective Income Tax Rate	19.70%	59.10%	44.50%

Income Taxes - Details of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred Tax Assets:
Depreciation and Amortization	$ 33,738	$ 26,319
Compensation and Benefits	61,541	46,697
Other	24,720	20,282
Total Deferred Tax Assets	268,186	225,541
Deferred Tax Liabilities:
Goodwill, Intangible Assets and Other	18,873	20,241
Total Deferred Tax Liabilities	18,873	20,241
Net Deferred Tax Assets Before Valuation Allowance	249,313	205,300
Valuation Allowance	(8,221)	(6,406)
Net Deferred Tax Assets	241,092	198,894
Tax Receivable Agreement [Member]
Deferred Tax Assets:
Step up in tax basis due to the exchange of LP Units for Class A Shares	111,108	106,360
Without Tax Receivable Agreement [Member]
Deferred Tax Assets:
Step up in tax basis due to the exchange of LP Units for Class A Shares	$ 37,079	$ 25,883

Concentrations of Credit Risk (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Concentration Risk [Line Items]
Securities Purchased Under Agreements to Resell	$ 2,696	$ 10,645
Securities Sold Under Agreements to Repurchase	$ (25,075)	(30,027)
Investment Banking And Investment Management Receivables Collection Periods	90 days
Placement Fees Receivables Collection Period	180 days
Private Funds Capital Raising Receivables Collection Period	1 year
Collection Period For Restructuring Transactions	90 days
Receivables Reflected in Other Assets in Excess of Period	1 year
Accounts Receivable, Net of Allowance	$ 309,075	184,993
Contract with Customer, Receivable, Net, Noncurrent	60,948	34,008
Bad Debt Expense	3,365	2,579	$ 2,261
Contract with Customer, Asset, Gross, Current	2,833	0
Contract with Customer, Asset, Gross, Noncurrent	541	0
Marketable Securities	$ 204,627	65,032
Percentage Of Marketable Securities Related To Corporate And Municipal Bonds And Other Debt Securities	73.00%
Percentage Of Marketable Securities Related To Equity Securities, Exchange Traded Funds And Mutual Funds	27.00%
Asset (Liability) Balance [Member]
Concentration Risk [Line Items]
Securities Purchased Under Agreements to Resell	$ 2,696	10,645
Securities Sold Under Agreements to Repurchase	(25,075)	(30,027)
Market Value of Collateral Received or (Pledged) [Member]
Concentration Risk [Line Items]
Securities Purchased Under Agreements to Resell	2,701	10,643
Securities Sold Under Agreements to Repurchase	$ (25,099)	$ (30,020)

Segment Operating Results - Additional Information (Details)	12 Months Ended
	Dec. 31, 2018 segment
Segment Reporting [Abstract]
Number of reporting segments	2

Segment Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Net Revenues	$ 771,406	$ 381,259	$ 448,477	$ 463,563	$ 540,031	$ 406,601	$ 370,470	$ 387,247	$ 2,064,705	$ 1,704,349	$ 1,440,052
Operating Expenses									1,492,241	1,227,573	1,077,706
Other Expenses									30,387	47,965	101,172
Income Before Income from Equity Method Investments and Income Taxes	250,206	74,540	104,782	112,549	184,146	87,070	46,266	111,329	542,077	428,811	261,174
Income from Equity Method Investments	2,452	2,298	2,419	2,125	3,331	1,827	2,070	1,610	9,294	8,838	6,641
Pre-Tax Income	252,658	$ 76,838	$ 107,201	$ 114,674	187,477	$ 88,897	$ 48,336	$ 112,939	551,371	437,649	267,815
Identifiable Segment Assets	2,125,667				1,584,886				2,125,667	1,584,886	1,662,346
Investment Banking [Member]
Segment Reporting Information [Line Items]
Net Revenues									2,012,023	1,634,268	1,363,859
Operating Expenses									1,448,301	1,175,927	1,020,327
Other Expenses									30,366	35,810	92,172
Income Before Income from Equity Method Investments and Income Taxes									533,356	422,531	251,360
Income from Equity Method Investments									518	277	1,370
Pre-Tax Income									533,874	422,808	252,730
Identifiable Segment Assets	1,923,783				1,294,103				1,923,783	1,294,103	1,302,351
Investment Management [Member]
Segment Reporting Information [Line Items]
Net Revenues									52,682	70,081	76,193
Operating Expenses									43,940	51,646	57,379
Other Expenses									21	12,155	9,000
Income Before Income from Equity Method Investments and Income Taxes									8,721	6,280	9,814
Income from Equity Method Investments									8,776	8,561	5,271
Pre-Tax Income									17,497	14,841	15,085
Identifiable Segment Assets	$ 201,884				$ 290,783				$ 201,884	$ 290,783	$ 359,995

Segment Operating Results - (Footnotes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Other Revenue, net	$ 1,280	$ 68,832	$ 12,642
Adjustments to Tax Receivable Agreements	0	77,535	0
Gain (Loss) on Disposition of Business	0	7,808	0
Net Realized and Unrealized Gains on Private Equity Fund Investments	(397)	(915)	7,616
Special Charges	5,012	25,437	8,100
Acquisition and Transition Costs	21	1,673	99
Total Other Expenses	30,387	47,965	101,172
Investment Banking [Member]
Segment Reporting Information [Line Items]
Other Revenue, net	(3,156)	58,399	(147)
Interest expense on Notes Payable, Subordinated Borrowing and Line of Credit	9,201	9,960	9,578
Adjustments to Tax Receivable Agreements		77,535
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		16,266
Amortization of LP Units / Interests and Certain Other Awards	15,241	11,444	80,846
Special Charges	5,012	14,400	0
Acquisition and Transition Costs	0	555	(692)
Fair Value Of Contingent Consideration	1,485	0	1,107
Intangible Asset and Other Amortization	8,628	9,411	10,911
Total Other Expenses	30,366	35,810	92,172
Investment Management [Member]
Segment Reporting Information [Line Items]
Other Revenue, net	4,436	10,433	12,789
Interest expense on Notes Payable, Subordinated Borrowing and Line of Credit			670
Gain (Loss) on Disposition of Business		7,808
Special Charges	0	11,037	8,100
Acquisition and Transition Costs	21	1,118	791
Intangible Asset and Other Amortization	0	0	109
Total Other Expenses	$ 21	12,155	9,000
Other Revenue, Including Interest and Investments [Member]
Segment Reporting Information [Line Items]
Principal Trading Gains (Losses)		(701)	92
Net Realized and Unrealized Gains on Private Equity Fund Investments		2,037	12,403
Other Revenue, Including Interest and Investments [Member] \| Investment Banking [Member]
Segment Reporting Information [Line Items]
Principal Trading Gains (Losses)		(701)	92
Other Revenue, Including Interest and Investments [Member] \| Investment Management [Member]
Segment Reporting Information [Line Items]
Net Realized and Unrealized Gains on Private Equity Fund Investments		$ 2,037	$ 12,403

Segment Operating Results - Revenues Derived from Clients by Geographical Areas (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Net Revenues	$ 2,063,425	$ 1,635,517	$ 1,427,410
United States [Member]
Segment Reporting Information [Line Items]
Net Revenues	1,591,883	1,199,231	1,057,633
Europe and Other [Member]
Segment Reporting Information [Line Items]
Net Revenues	438,602	422,271	337,957
Latin America [Member]
Segment Reporting Information [Line Items]
Net Revenues	$ 32,940	$ 14,015	$ 31,820

Segment Operating Results - Assets by Geographic Area (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Assets	$ 2,125,667	$ 1,584,886	$ 1,662,346
United States [Member]
Segment Reporting Information [Line Items]
Assets	1,757,589	1,284,163
Europe and Other [Member]
Segment Reporting Information [Line Items]
Assets	298,917	234,984
Latin America [Member]
Segment Reporting Information [Line Items]
Assets	$ 69,161	$ 65,739

Evercore Inc. (Parent Company Only) Financial Statements - Additional Information (Details)		1 Months Ended	3 Months Ended								12 Months Ended
	Mar. 30, 2016 USD ($)	Nov. 30, 2016	Dec. 31, 2018 USD ($) $ / shares shares	Sep. 30, 2018 $ / shares	Jun. 30, 2018 $ / shares	Mar. 31, 2018 $ / shares	Dec. 31, 2017 $ / shares shares	Sep. 30, 2017 $ / shares	Jun. 30, 2017 $ / shares	Mar. 31, 2017 $ / shares	Dec. 31, 2018 USD ($) $ / shares shares	Dec. 31, 2017 USD ($) $ / shares shares
Condensed Financial Statements, Captions [Line Items]
Treasury Stock, Shares, Acquired (in shares) \| shares											3,106,000	3,916,000
Increase in Treasury Stock											$ 289,681,000	$ 293,753,000
Dividends Declared Per Share of Class A Common Stock (in dollars per share) \| $ / shares			$ 0.50	$ 0.50	$ 0.50	$ 0.40	$ 0.40	$ 0.34	$ 0.34	$ 0.34	$ 1.90	$ 1.42
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share) \| $ / shares											$ 1.90	$ 1.42
Declared and Paid Dividends, Cash											$ 77,302,000	$ 56,521,000
Accrued Deferred Cash Dividends											12,288,000	$ 9,815,000
Contractual Obligations Related To Tax Receivable Agreements			$ 103,572,000								103,572,000
Payment To Counterparties To Tax Receivable Agreement Within One Year Or Less			9,161,000								9,161,000
Payment To Counterparties To Tax Receivable Agreement One To Three Years			19,304,000								19,304,000
Payment To Counterparties To Tax Receivable Agreement Three To Five Years			20,002,000								20,002,000
Payment To Counterparties To Tax Receivable Agreement After Five Years			55,105,000								55,105,000
Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Long Term Debt Maturities Repayments Of Principal And Interest			219,142,000								219,142,000
Long Term Debt Maturities Repayments Of Principal And Interest In Next Twelve Months			$ 8,937,000								$ 8,937,000
Share Repurchase Program [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock, Shares, Acquired (in shares) \| shares											2,021,000	2,757,000
Share Repurchase Program [Member] \| Minimum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 80.05	$ 67.37
Share Repurchase Program [Member] \| Maximum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 112.30	$ 78.81
Net Settlement of Share Based Awards [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock, Shares, Acquired (in shares) \| shares											1,085,000	1,159,000
Net Settlement of Share Based Awards [Member] \| Minimum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 79.47	$ 50.90
Net Settlement of Share Based Awards [Member] \| Maximum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 115.30	$ 90.50
Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Common Stock, Shares Authorized \| shares			1,000,000,000				1,000,000,000				1,000,000,000	1,000,000,000
Common Stock, Par Value (in dollars per share) \| $ / shares			$ 0.01				$ 0.01				$ 0.01	$ 0.01
Common Stock, Shares Issued \| shares			65,872,014				62,119,904				65,872,014	62,119,904
Class B [Member]
Condensed Financial Statements, Captions [Line Items]
Common Stock, Shares Authorized \| shares			1,000,000				1,000,000				1,000,000	1,000,000
Common Stock, Par Value (in dollars per share) \| $ / shares			$ 0.01				$ 0.01				$ 0.01	$ 0.01
Common Stock, Shares Issued \| shares			86				82				86	82
LP Units [Member]
Condensed Financial Statements, Captions [Line Items]
Limited Partnership Units Convertible Conversion Ratio		1									1
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Dividends Declared Per Share of Class A Common Stock (in dollars per share) \| $ / shares											$ 1.90
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share) \| $ / shares											$ 1.90
Declared and Paid Dividends, Cash											$ 77,302,000
Accrued Deferred Cash Dividends											12,288,000
Contractual Obligations Related To Tax Receivable Agreements			$ 103,572,000								103,572,000
Payment To Counterparties To Tax Receivable Agreement Within One Year Or Less			9,161,000								9,161,000
Payment To Counterparties To Tax Receivable Agreement One To Three Years			19,304,000								19,304,000
Payment To Counterparties To Tax Receivable Agreement Three To Five Years			20,002,000								20,002,000
Payment To Counterparties To Tax Receivable Agreement After Five Years			55,105,000								55,105,000
Parent Company [Member] \| Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Long-term Debt, Gross	$ 170,000,000
Long Term Debt Maturities Repayments Of Principal And Interest			219,142,000								219,142,000
Long Term Debt Maturities Repayments Of Principal And Interest In Next Twelve Months			8,937,000								8,937,000
Long Term Debt Maturities Repayments Of Principal And Interest In One To Three Years			54,947,000								54,947,000
Long Term Debt Maturities Repayments Of Principal And Interest In Three To Five Years			79,414,000								79,414,000
Long Term Debt Maturities Repayments Of Principal And Interest After Five Years			$ 75,844,000								$ 75,844,000
Parent Company [Member] \| Series A Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Long-term Debt, Gross	$ 38,000,000
Debt Instrument, Interest Rate, Stated Percentage	4.88%
Parent Company [Member] \| Series B Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Long-term Debt, Gross	$ 67,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.23%
Parent Company [Member] \| Series C Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Long-term Debt, Gross	$ 48,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.48%
Parent Company [Member] \| Series D Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Long-term Debt, Gross	$ 17,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.58%
Parent Company [Member] \| Senior Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Extinguishment of Debt, Amount	$ 120,000,000
Parent Company [Member] \| Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Common Stock, Shares Authorized \| shares			1,000,000,000				1,000,000,000				1,000,000,000	1,000,000,000
Common Stock, Par Value (in dollars per share) \| $ / shares			$ 0.01				$ 0.01				$ 0.01	$ 0.01
Common Stock, Shares Issued \| shares			65,872,014				62,119,904				65,872,014	62,119,904
Increase in Treasury Stock											$ 289,681,000
Parent Company [Member] \| Class A [Member] \| Share Repurchase Program [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock, Shares, Acquired (in shares) \| shares											2,021,000
Parent Company [Member] \| Class A [Member] \| Share Repurchase Program [Member] \| Minimum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 80.05
Parent Company [Member] \| Class A [Member] \| Share Repurchase Program [Member] \| Maximum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 112.30
Parent Company [Member] \| Class A [Member] \| Net Settlement of Share Based Awards [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock, Shares, Acquired (in shares) \| shares											1,085,000
Parent Company [Member] \| Class A [Member] \| Net Settlement of Share Based Awards [Member] \| Minimum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 79.47
Parent Company [Member] \| Class A [Member] \| Net Settlement of Share Based Awards [Member] \| Maximum [Member]
Condensed Financial Statements, Captions [Line Items]
Treasury Stock Acquired, Market Value Per Share (in dollars per share) \| $ / shares											$ 115.30
Parent Company [Member] \| Class B [Member]
Condensed Financial Statements, Captions [Line Items]
Common Stock, Shares Authorized \| shares			1,000,000				1,000,000				1,000,000	1,000,000
Common Stock, Par Value (in dollars per share) \| $ / shares			$ 0.01				$ 0.01				$ 0.01	$ 0.01
Common Stock, Shares Issued \| shares			86				82				86	82
Common Stock Shares Cancelled (in shares) \| shares			1								1

Evercore Inc. (Parent Company Only) Financial Statements - Condensed Statements of Financial Condition (Parent Company Only) - (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Deferred Tax Assets	$ 241,092	$ 198,894
Goodwill	131,387	134,231	$ 160,961
Other Assets	89,480	65,073
Total Assets	2,125,667	1,584,886	$ 1,662,346
Liabilities
Taxes Payable	33,621	16,494
Other Current Liabilities	19,031	12,088
Total Current Liabilities	749,691	464,052
Amounts Due Pursuant to Tax Receivable Agreements	94,411	90,375
Long-term Debt - Notes Payable	168,612	168,347
Total Liabilities	1,117,728	788,518
Stockholders' Equity
Additional Paid-In-Capital	1,818,100	1,600,699
Accumulated Other Comprehensive Income (Loss)	(30,434)	(31,411)
Retained Earnings	364,882	79,461
Treasury Stock at Cost	(1,395,087)	(1,105,406)
Total Evercore Inc. Stockholders' Equity	758,120	543,964
Total Liabilities and Equity	2,125,667	1,584,886
Parent Company [Member]
Assets
Equity Investment in Subsidiary	824,239	612,453
Deferred Tax Assets	223,936	180,487
Goodwill	15,236	15,236
Other Assets	0	9,689
Total Assets	1,063,411	817,865
Liabilities
Payable to Related Party	9,161	12,821
Taxes Payable	30,749	0
Other Current Liabilities	2,358	2,358
Total Current Liabilities	42,268	15,179
Amounts Due Pursuant to Tax Receivable Agreements	94,411	90,375
Long-term Debt - Notes Payable	168,612	168,347
Total Liabilities	305,291	273,901
Stockholders' Equity
Additional Paid-In-Capital	1,818,100	1,600,699
Accumulated Other Comprehensive Income (Loss)	(30,434)	(31,411)
Retained Earnings	364,882	79,461
Treasury Stock at Cost	(1,395,087)	(1,105,406)
Total Evercore Inc. Stockholders' Equity	758,120	543,964
Total Liabilities and Equity	1,063,411	817,865
Class A [Member]
Stockholders' Equity
Common Stock	659	621
Class A [Member] \| Parent Company [Member]
Stockholders' Equity
Common Stock	659	621
Class B [Member]
Stockholders' Equity
Common Stock	0	0
Class B [Member] \| Parent Company [Member]
Stockholders' Equity
Common Stock	$ 0	$ 0

Evercore Inc. (Parent Company Only) Financial Statements - Condensed Statements of Financial Condition (Parent Company Only) - Additional Information (Details) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Condensed Balance Sheet Statements, Captions [Line Items]
Treasury Stock at Cost, Shares	26,123,438	23,017,750
Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Treasury Stock at Cost, Shares	26,123,438	23,017,750
Class A [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Common Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Shares Issued	65,872,014	62,119,904
Common Stock, Shares Outstanding	39,748,576	39,102,154
Class A [Member] \| Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Common Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Shares Issued	65,872,014	62,119,904
Common Stock, Shares Outstanding	39,748,576	39,102,154
Class B [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Common Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Shares Issued	86	82
Common Stock, Shares Outstanding	86	82
Class B [Member] \| Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Common Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Shares Issued	86	82
Common Stock, Shares Outstanding	86	82

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

3 Months Ended

12 Months Ended

Dec. 31, 2018

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Dec. 31, 2017

Sep. 30, 2017

Jun. 30, 2017

Mar. 31, 2017

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Revenues

^[1]

$ 19,051

$ 88,828

$ 29,380

Total Revenues

2,082,476

1,724,345

1,456,790

Interest Expense

17,771

19,996

16,738

Provision for Income Taxes

$ 771,406

$ 381,259

$ 448,477

$ 463,563

$ 540,031

$ 406,601

$ 370,470

$ 387,247

2,064,705

1,704,349

1,440,052

Expenses

Total Expenses

521,200

306,719

343,695

351,014

355,885

319,531

324,204

275,918

1,522,628

1,275,538

1,178,878

60,502

17,539

25,541

4,938

188,876

28,815

22,459

18,292

108,520

258,442

119,303

Net Income

$ 192,156

$ 59,299

$ 81,660

$ 109,736

$ (1,399)

$ 60,082

$ 25,877

$ 94,647

442,851

179,207

148,512

Parent Company [Member]

Revenues

Other Revenue, Including Interest and Investments

9,202

86,784

8,385

Total Revenues

9,202

86,784

8,385

Interest Expense

9,202

9,249

8,385