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Investments of Operating Entities and Consolidated Funds - Merger Master Narrative (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Investment [Line Items]    
Trading Securities $ 543,740 $ 673,221
Securities sold, not yet purchased, at fair value 261,586 342,527
Common Stock    
Investment [Line Items]    
Securities sold, not yet purchased, at fair value 252,585 342,328
Common Stock | Merger Master [Member]    
Investment [Line Items]    
Trading Securities 902,800 483,200
Securities sold, not yet purchased, at fair value 230,100 171,200
Corporate Bonds    
Investment [Line Items]    
Securities sold, not yet purchased, at fair value [1] 1,287 $ 122
Corporate Bonds | Merger Master [Member]    
Investment [Line Items]    
Trading Securities $ 38,000  
[1] As of March 31, 2018, the maturities ranged from August 2018 to January 2026 with interest rates ranged from 5.55% to 7.50%. As of December 31, 2017, the maturities ranged from July 2025 to January 2026 with interest rates ranged from 3.78% to 5.55%.