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Investment Securities - Fair value of investment securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Fair value of investments    
Cash equivalents $ 156,835 $ 196,931
Available for sale securities 265,388 250,764
Trading debt securities 119,999 118,222
Equity securities 211,841 200,309
Total investment securities 649,052 617,135
Money market funds    
Fair value of investments    
Cash equivalents 119,874 121,759
U.S. government sponsored enterprise note    
Fair value of investments    
Cash equivalents 895 895
Certificates of deposit    
Fair value of investments    
Available for sale securities   5,001
Commercial paper    
Fair value of investments    
Cash equivalents 36,066 74,277
Available for sale securities 8,305 7,970
Trading debt securities 1,175 1,993
Corporate bonds    
Fair value of investments    
Available for sale securities 257,083 218,121
Trading debt securities 77,739 77,250
U.S. treasury bills    
Fair value of investments    
Available for sale securities   19,672
Trading debt securities 5,913 5,884
Fixed income securities: Mortgage-backed securities    
Fair value of investments    
Trading debt securities 7 7
Common Stock    
Fair value of investments    
Equity securities 30,680 21,204
Consolidated Sponsored Funds    
Fair value of investments    
Trading debt securities 35,165 33,088
Equity securities 27,883 24,879
Sponsored funds    
Fair value of investments    
Equity securities 152,481 153,548
Equity method securities 51,824 47,840
Sponsored privately offered funds    
Fair value of investments    
Equity securities 797 678
Level 1    
Fair value of investments    
Cash equivalents 119,874 121,759
Total investment securities 262,848 247,459
Level 1 | Money market funds    
Fair value of investments    
Cash equivalents 119,874 121,759
Level 1 | Common Stock    
Fair value of investments    
Equity securities 30,660 21,192
Level 1 | Consolidated Sponsored Funds    
Fair value of investments    
Equity securities 27,883 24,879
Level 1 | Sponsored funds    
Fair value of investments    
Equity securities 152,481 153,548
Equity method securities 51,824 47,840
Level 2    
Fair value of investments    
Cash equivalents 36,961 75,172
Total investment securities 385,387 368,986
Level 2 | U.S. government sponsored enterprise note    
Fair value of investments    
Cash equivalents 895 895
Level 2 | Certificates of deposit    
Fair value of investments    
Available for sale securities   5,001
Level 2 | Commercial paper    
Fair value of investments    
Cash equivalents 36,066 74,277
Available for sale securities 8,305 7,970
Trading debt securities 1,175 1,993
Level 2 | Corporate bonds    
Fair value of investments    
Available for sale securities 257,083 218,121
Trading debt securities 77,739 77,250
Level 2 | U.S. treasury bills    
Fair value of investments    
Available for sale securities   19,672
Trading debt securities 5,913 5,884
Level 2 | Fixed income securities: Mortgage-backed securities    
Fair value of investments    
Trading debt securities 7 7
Level 2 | Consolidated Sponsored Funds    
Fair value of investments    
Trading debt securities 35,165 33,088
Level 3    
Fair value of investments    
Total investment securities 20 12
Level 3 | Common Stock    
Fair value of investments    
Equity securities 20 12
Other Assets Held at Net Value    
Fair value of investments    
Total investment securities 797 678
Other Assets Held at Net Value | Sponsored privately offered funds    
Fair value of investments    
Equity securities $ 797 $ 678