v3.23.3
Noncontrolling Interest (Tables)
9 Months Ended
Sep. 30, 2023
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest
As of September 30,
20232022
Evercore LP(1)
%%
Evercore Wealth Management ("EWM")(2)
26 %25 %
(1)On February 24, 2022, 2,545 Class E limited partnership units of Evercore LP ("Class E LP Units") were exchanged for 2,545 Class A Shares, which resulted in a decrease in noncontrolling interest of Evercore LP. For further information see "LP Units Exchanged" below.
(2)Noncontrolling Interests as of September 30, 2022 represent a blended rate for multiple classes of interests in EWM.
Changes in Noncontrolling Interest Changes in Noncontrolling Interest for the three and nine months ended September 30, 2023 and 2022 were as follows:
 For the Three Months Ended September 30, For the Nine Months Ended September 30,
 2023202220232022
Beginning balance$198,925 $170,150 $189,607 $314,910 
Comprehensive Income:
Net Income Attributable to Noncontrolling Interest6,625 9,198 20,444 42,543 
Other Comprehensive Income (Loss)(747)(1,988)(33)(3,935)
Total Comprehensive Income5,878 7,210 20,411 38,608 
Evercore LP Units Exchanged for Class A Shares(2,354)(47)(5,128)(159,354)
Amortization and Vesting of LP Units6,538 5,403 19,173 17,932 
Other Items:
Distributions to Noncontrolling Interests(7,368)(6,533)(23,019)(36,126)
Issuance of Noncontrolling Interest— — 733 300 
Purchase of Noncontrolling Interest— (108)(158)(195)
Total Other Items(7,368)(6,641)(22,444)(36,021)
Ending balance$201,619 $176,075 $201,619 $176,075