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Investments of Operating Entities and Consolidated Funds - Securities Sold, Not Yet Purchased (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 451,836,000 $ 195,307,000
Common Stock    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value 425,448,000 194,305,000
Corporate Bonds    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value [1] $ 5,933,000 $ 750,000
Corporate Bonds | Minimum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 4.88% 2.25%
Corporate Bonds | Maximum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 6.25% 9.38%
Government Securities | Minimum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 7.00%  
Government Securities | Maximum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 8.25%  
US Government Debt Securities    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value [2] $ 1,950,000 $ 0
Preferred Stock    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value 3,686,000 199,000
Warrants and Rights    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 14,819,000 $ 53,000
[1] As of December 31, 2019, the maturities ranged from January 2024 to May 2037 and interest rates ranged from 4.88% to 6.25%. As of December 31, 2018, the maturities ranged from October 2022 to January 2034 and interest rates ranged from 2.25% to 9.38%.
[2] As of December 31, 2019, the maturities ranged from October 2024 to March 2038 and interest rates ranged from 7.00% to 8.25%.