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Investment Securities - Fair value of investment securities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Fair value of investments    
Cash equivalents $ 196,931 $ 156,849
Available for sale securities 250,764 265,198
Trading debt securities 118,222 124,390
Equity securities 200,309 215,716
Total investment securities 617,135 700,492
Amount of transfer between levels 0 0
Money market funds    
Fair value of investments    
Cash equivalents 121,759 145,785
U.S. government sponsored enterprise note    
Fair value of investments    
Cash equivalents 895  
Certificates of deposit    
Fair value of investments    
Available for sale securities 5,001 12,999
Trading debt securities   1,999
Commercial paper    
Fair value of investments    
Cash equivalents 74,277 11,064
Available for sale securities 7,970 34,978
Trading debt securities 1,993  
Corporate bonds    
Fair value of investments    
Available for sale securities 218,121 197,442
Trading debt securities 77,250 55,414
U.S. treasury bills    
Fair value of investments    
Available for sale securities 19,672 19,779
Trading debt securities 5,884 4,929
Fixed income securities: Mortgage-backed securities    
Fair value of investments    
Trading debt securities 7 10
Common Stock    
Fair value of investments    
Equity securities 21,204 116
Consolidated Sponsored Funds    
Fair value of investments    
Trading debt securities 33,088 62,038
Equity securities 24,879 77,048
Sponsored funds    
Fair value of investments    
Equity securities 153,548 137,857
Equity method securities 47,840 95,188
Sponsored privately offered funds    
Fair value of investments    
Equity securities 678 695
Level 1    
Fair value of investments    
Cash equivalents 121,759 145,785
Total investment securities 247,459 310,209
Level 1 | Money market funds    
Fair value of investments    
Cash equivalents 121,759 145,785
Level 1 | Common Stock    
Fair value of investments    
Equity securities 21,192 116
Level 1 | Consolidated Sponsored Funds    
Fair value of investments    
Equity securities 24,879 77,048
Level 1 | Sponsored funds    
Fair value of investments    
Equity securities 153,548 137,857
Equity method securities 47,840 95,188
Level 2    
Fair value of investments    
Cash equivalents 75,172 11,064
Total investment securities 368,986 389,588
Level 2 | U.S. government sponsored enterprise note    
Fair value of investments    
Cash equivalents 895  
Level 2 | Certificates of deposit    
Fair value of investments    
Available for sale securities 5,001 12,999
Trading debt securities   1,999
Level 2 | Commercial paper    
Fair value of investments    
Cash equivalents 74,277 11,064
Available for sale securities 7,970 34,978
Trading debt securities 1,993  
Level 2 | Corporate bonds    
Fair value of investments    
Available for sale securities 218,121 197,442
Trading debt securities 77,250 55,414
Level 2 | U.S. treasury bills    
Fair value of investments    
Available for sale securities 19,672 19,779
Trading debt securities 5,884 4,929
Level 2 | Fixed income securities: Mortgage-backed securities    
Fair value of investments    
Trading debt securities 7 10
Level 2 | Consolidated Sponsored Funds    
Fair value of investments    
Trading debt securities 33,088 62,038
Level 3    
Fair value of investments    
Total investment securities 12  
Level 3 | Common Stock    
Fair value of investments    
Equity securities 12  
Other Assets Held at Net Value    
Fair value of investments    
Total investment securities 678 695
Other Assets Held at Net Value | Sponsored privately offered funds    
Fair value of investments    
Equity securities $ 678 $ 695