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Investments of Operating Entities and Consolidated Funds - Securities Sold, Not Yet Purchased (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 342,527,000 $ 266,090,000
Securities sold, not yet purchased, at fair value, Consolidated Funds 0 [1] 883,000
Common Stock    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value 342,328,000 263,460,000
Securities sold, not yet purchased, at fair value, Consolidated Funds   211,000
Corporate Bonds    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value [2] $ 122,000 2,591,000
Securities sold, not yet purchased, at fair value, Consolidated Funds [1]   $ 672,000
Corporate Bonds | Minimum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 3.78% 5.50%
Corporate Bonds | Maximum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 5.55% 6.25%
Preferred Stock    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value [2] $ 77,000 $ 0
Warrants and Rights    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 0 $ 39,000
Consolidated Funds | Corporate Bonds | Minimum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate   4.38%
Consolidated Funds | Corporate Bonds | Maximum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate   9.25%
[1] As of December 31, 2016, maturities ranged from September 2019 to September 2023 and interest rates ranged from 4.38% to 9.25%.
[2] As of December 31, 2017, the maturities ranged from July 2025 to January 2036 with interest rates ranged from 3.78% to 5.55%. As of December 31, 2016, the maturities ranged from April 2021 to January 2036 with interest rates ranged from 5.50% to 6.25%.