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Fair Value Measurements for Operating Entities and Consolidated Funds Assets and Liabilities at Fair Value on a Recurring Basis (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring $ 712,653 $ 394,631
Financial Liabilities Fair Value Disclosure 295,728 145,565
Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 358,522 181,901
Financial Liabilities Fair Value Disclosure 248,793 137,747
Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 243,267 146,977
Financial Liabilities Fair Value Disclosure 2,494 881
Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 110,864 65,753
Financial Liabilities Fair Value Disclosure 44,441 6,937
Common Stock | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 235,534 130,899
Common Stock | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 235,534 130,899
Common Stock | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Common Stock | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Corporate Bonds | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 58 55
Corporate Bonds | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Corporate Bonds | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 58 55
Corporate Bonds | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Contingent liability payable | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 6,783 [1] 6,937 [2]
Contingent liability payable | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 [1] 0 [2]
Contingent liability payable | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 [1] 0 [2]
Contingent liability payable | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 6,783 [1] 6,937 [2]
Futures | Derivative Liabilities | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 11 275
Futures | Derivative Liabilities | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 11 275
Futures | Derivative Liabilities | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Futures | Derivative Liabilities | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Forward Contracts | Derivative Liabilities | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 156 301
Forward Contracts | Derivative Liabilities | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Forward Contracts | Derivative Liabilities | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 156 301
Forward Contracts | Derivative Liabilities | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Equity Swaps | Derivative Liabilities | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 2,280 525
Equity Swaps | Derivative Liabilities | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Equity Swaps | Derivative Liabilities | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 2,280 525
Equity Swaps | Derivative Liabilities | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Options, liability | Derivative Liabilities | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 50,906 6,573
Options, liability | Derivative Liabilities | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 13,248 6,573
Options, liability | Derivative Liabilities | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 0 0
Options, liability | Derivative Liabilities | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial Liabilities Fair Value Disclosure 37,658 0
US Government Securities | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 2,509 9
US Government Securities | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 2,509 9
US Government Securities | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
US Government Securities | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Preferred Stock | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 2,324 324
Preferred Stock | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Preferred Stock | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Preferred Stock | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 2,324 324
Common Stock | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 343,867 176,939
Common Stock | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 331,034 171,277
Common Stock | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 12,414 2,103
Common Stock | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 419 3,559
Convertible Bonds | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 11,283 5,958
Convertible Bonds | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Convertible Bonds | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 9,533 4,008
Convertible Bonds | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 1,750 1,950
Corporate Bonds | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 199,985 121,372
Corporate Bonds | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Corporate Bonds | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 199,985 121,372
Corporate Bonds | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Warrants and Rights | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 4,231 5,912
Warrants and Rights | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 885 107
Warrants and Rights | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Warrants and Rights | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 3,346 5,805
Mutual Funds | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 16,764 525
Mutual Funds | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 16,764 525
Mutual Funds | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Mutual Funds | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Derivative Assets | Futures | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 92 285
Derivative Assets | Futures | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 92 285
Derivative Assets | Futures | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Derivative Assets | Futures | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Derivative Assets | Forward Contracts | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring   22
Derivative Assets | Forward Contracts | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring   0
Derivative Assets | Forward Contracts | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring   22
Derivative Assets | Forward Contracts | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring   0
Derivative Assets | Equity Swaps | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 55 70
Derivative Assets | Equity Swaps | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Derivative Assets | Equity Swaps | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 55 70
Derivative Assets | Equity Swaps | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Derivative Assets | Options, asset | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 44,896 9,698
Derivative Assets | Options, asset | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 7,238 9,698
Derivative Assets | Options, asset | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Derivative Assets | Options, asset | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 37,658 0
Portfolio Funds, at fair value | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 83,967 71,051
Portfolio Funds, at fair value | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Portfolio Funds, at fair value | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 21,280 19,402
Portfolio Funds, at fair value | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 62,687 51,649
Real Estate Investments, at fair value | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 2,262 2,088
Real Estate Investments, at fair value | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Real Estate Investments, at fair value | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Real Estate Investments, at fair value | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 2,262 2,088
Lehman claims, at fair value | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 418 378
Lehman claims, at fair value | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Lehman claims, at fair value | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Lehman claims, at fair value | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 418 378
Consolidated Funds | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 198,564 187,480
Consolidated Funds | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Consolidated Funds | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 49,103 26,964
Consolidated Funds | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 149,461 160,516
Consolidated Funds | Portfolio Funds, at fair value | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 194,474 182,638
Consolidated Funds | Portfolio Funds, at fair value | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Consolidated Funds | Portfolio Funds, at fair value | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 49,103 26,964
Consolidated Funds | Portfolio Funds, at fair value | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 145,371 155,674
Consolidated Funds | Lehman claims, at fair value | Total Estimated Fair Value
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 4,090 4,842
Consolidated Funds | Lehman claims, at fair value | Level 1
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Consolidated Funds | Lehman claims, at fair value | Level 2
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring 0 0
Consolidated Funds | Lehman claims, at fair value | Level 3
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure, Recurring $ 4,090 $ 4,842
[1] In accordance with the terms of purchase agreements for acquisitions that closed during 2012, the Company is required to pay to the sellers a portion of future net income of the acquired businesses, if certain revenue targets are achieved through the period ending October 2016. The Company estimated the contingent consideration liability using the income approach (discounted cash flow method) which requires the Company to make estimates and assumptions regarding the future cash flows and profits. Changes in these estimates and assumptions could have a significant impact on the amounts recognized. The undiscounted amounts as of June 30, 2014 can range from $1.6 million to $12.9 million.
[2] In accordance with the terms of purchase agreements for acquisitions that closed during 2012, the Company is required to pay to the sellers a portion of future net income of the acquired businesses, if certain revenue targets are achieved through the period ending October 2016. The Company estimated the contingent consideration liability using the income approach (discounted cash flow method) which requires the Company to make estimates and assumptions regarding the future cash flows and profits. Changes in these estimates and assumptions could have a significant impact on the amounts recognized. The undiscounted amounts can range from $2.1 million to $13.8 million.