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Investments of Operating Entities and Consolidated Funds - Securities Owned at Fair Value (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Investment Holdings [Line Items]    
Securities owned, at fair value $ 644,169 $ 673,221
Securities owned, at fair value 108,901 165,916
Common Stock    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 576,720 640,065
Securities owned, at fair value 55,535 77,702
Preferred Stock    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 6,466 9,604
Securities owned, at fair value 24,314 50,445
Warrants and Rights    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 21,403 9,604
Securities owned, at fair value 4,848 3,568
US Government Securities    
Investment Holdings [Line Items]    
Trading Securities, Debt [2] $ 2,842 $ 2,807
Investment Interest Rate 0.00% 0.00%
Securities owned, at fair value [3] $ 20,446 $ 34,201
Corporate Bonds    
Investment Holdings [Line Items]    
Trading Securities, Debt [4] 30,992 4,909
Securities owned, at fair value $ 3,758 [5] $ 0
Corporate Bonds | Minimum    
Investment Holdings [Line Items]    
Investment Interest Rate 0.50% 0.00%
Corporate Bonds | Maximum    
Investment Holdings [Line Items]    
Investment Interest Rate 14.00% 10.75%
Convertible Bonds    
Investment Holdings [Line Items]    
Trading Securities, Debt [6] $ 0 $ 282
Convertible Bonds | Minimum    
Investment Holdings [Line Items]    
Investment Interest Rate   5.00%
Convertible Bonds | Maximum    
Investment Holdings [Line Items]    
Investment Interest Rate   12.00%
Trade Claims    
Investment Holdings [Line Items]    
Trading Securities, Debt 5,746 $ 5,950
Warrants and Rights | Estimate of Fair Value Measurement [Member]    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 1,100 2,400
Common Stock | Estimate of Fair Value Measurement [Member]    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 6,200 5,200
Preferred Stock | Estimate of Fair Value Measurement [Member]    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] $ 2,900 $ 6,000
Consolidated Funds | US Government Securities    
Investment Holdings [Line Items]    
Investment Interest Rate 0.00%  
Consolidated Funds | US Government Securities | Minimum    
Investment Holdings [Line Items]    
Investment Interest Rate   0.00%
Consolidated Funds | US Government Securities | Maximum    
Investment Holdings [Line Items]    
Investment Interest Rate   5.75%
Consolidated Funds | Corporate Bonds    
Investment Holdings [Line Items]    
Investment Interest Rate   5.88%
Enterprise Master    
Investment Holdings [Line Items]    
Securities owned, at fair value $ 469 $ 608
Enterprise Master | Common Stock    
Investment Holdings [Line Items]    
Securities owned, at fair value $ 469 $ 608
[1] The Company has elected the fair value option for investments in securities of preferred and common stock with a fair value of $2.9 million and $6.2 million, respectively, at September 30, 2018 and $6.0 million and $5.2 million, respectively, at December 31, 2017. At September 30, 2018 and December 31, 2017, the Company elected the fair value option for investments in warrants and rights with a fair value of $1.1 million and $2.4 million.
[2] As of September 30, 2018, maturities ranged from October 2018 to August 2019 with an interest rate of 0%. As of December 31, 2017, maturities ranged from February 2018 to June 2018 with an interest rate of 0%.
[3] As of September 30, 2018, maturities ranged from November 2018 to December 2018 and interest rates were 0%. As of December 31, 2017, maturities ranged from January 2018 to April 2022 and interest rates ranged from 0% to 5.75%.
[4] As of September 30, 2018, maturities ranged from October 2018 to April 2049 and interest rates ranged from 0.50% to 14.00%. As of December 31, 2017, maturities ranged from October 2018 to May 2040 and interest rates ranged from 0.00% to 10.75%.
[5] As of September 30, 2018, the maturity was December 2023 with an interest rate of 5.88%.
[6] As of December 31, 2017, maturities ranged from February 2018 to March 2018 and interest rates ranged from 5% to 12%.