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Investments of Operating Entities and Consolidated Funds - Securities Owned at Fair Value (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Investment Holdings [Line Items]    
Securities owned, at fair value $ 520,888 $ 673,221
Securities owned, at fair value 187,633 165,916
Warrants and Rights    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 7,990 9,604
Securities owned, at fair value 5,279 3,568
Warrants and Rights | Estimate of Fair Value Measurement [Member]    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 1,100 2,400
US Government Securities    
Investment Holdings [Line Items]    
Debt Securities, Trading [2] $ 13,398 $ 2,807
Investment Interest Rate 0.00% 0.00%
Securities owned, at fair value [3] $ 38,377 $ 34,201
Common Stock    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 472,299 640,065
Securities owned, at fair value 95,565 77,702
Common Stock | Estimate of Fair Value Measurement [Member]    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 7,100 5,200
Preferred Stock    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 5,617 9,604
Securities owned, at fair value 24,314 50,445
Preferred Stock | Estimate of Fair Value Measurement [Member]    
Investment Holdings [Line Items]    
Trading Securities, Equity [1] 2,900 6,000
Corporate Bonds    
Investment Holdings [Line Items]    
Debt Securities, Trading [4] 13,041 4,909
Securities owned, at fair value $ 24,098 [5] $ 0
Corporate Bonds | Minimum    
Investment Holdings [Line Items]    
Investment Interest Rate 2.00% 0.00%
Corporate Bonds | Maximum    
Investment Holdings [Line Items]    
Investment Interest Rate 15.50% 10.75%
Convertible Bonds    
Investment Holdings [Line Items]    
Debt Securities, Trading [6] $ 3,000 $ 282
Investment Interest Rate 8.00%  
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]    
Debt Securities, Trading $ 5,543 $ 5,950
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 | Minimum    
Investment Holdings [Line Items]    
Investment Interest Rate 5.88%  
Consolidated Funds | Corporate Bonds | Maximum    
Investment Holdings [Line Items]    
Investment Interest Rate 7.63%  
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 $7.1 million, respectively, at December 31, 2018 and $6.0 million and $5.2 million, respectively, at December 31, 2017. At December 31, 2018 and 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 December 31, 2018, maturities ranged from April 2019 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 December 31, 2018, maturities ranged from January 2019 to April 2019 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 December 31, 2018, maturities ranged from April 2019 to April 2049 and interest rates ranged from 2% to 15.5%. As of December 31, 2017, maturities ranged from October 2018 to May 2040 and interest rates ranged from 0% to 10.75%.
[5] As of December 31, 2018, maturities ranged from August 2020 to March 2026 and interest rates ranged from 5.88% to 7.63%.
[6] As of December 31, 2018, the maturity was June 2020 with an interest rate of 8%. As of December 31, 2017, maturities ranged from February 2018 to March 2018 and interest rates ranged from 5% to 12%.