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OTHER ASSETS AND ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES - Accounts Payable, Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Thousands, shares in Millions
12 Months Ended
Dec. 31, 2014
Dec. 31, 2015
OTHER ASSETS AND ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES    
Amounts Payable to Carry Pool $ 1,100,943 $ 1,199,000
Unsettled Investment Purchases 891,649 594,152
Securities Sold Short 633,132 299,990
Accounts Payable and Accrued Expenses 119,491 112,007
Interest Payable 61,643 102,195
Foreign Exchange Contracts and Options 71,956 83,748
Derivative Liabilities 75,150 104,518
Contingent Consideration Obligation 40,600 46,600
Due to Broker 72,509 27,121
Deferred Rent and Income 26,894 21,706
Accrued Compensation and Benefits 17,799 17,765
Income Taxes Payable 6,362 8,770
Other Liabilities 81,224 97,778
Total 3,199,352 2,715,350
Securities sold, not yet purchased, cost basis 628,071 298,838
Foreign Exchange Contract    
Derivative [Line Items]    
Cost basis of derivative financial instruments, liabilities 0 $ 6,038
Prisma    
Business Acquisition [Line Items]    
Settlement of contingent consideration 123,600  
Equity issued in connection with contingent payment obligation $ 84,100  
Units issued is connection with contingent payment obligation 3.7