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Investments of Operating Entities and Consolidated Funds - Operating Entities - Securities Sold, Not Yet Purchased (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 527,471,000 $ 451,836,000
Common Stock    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value 460,059,000 425,448,000
Corporate Bonds    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value [1] $ 4,402,000 $ 5,933,000
Corporate Bonds | Minimum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 5.00% 4.88%
Corporate Bonds | Maximum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 6.75% 6.25%
US Government Debt Securities    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value [2] $ 48,073,000 $ 1,950,000
Government Securities | Minimum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 6.25% 7.00%
Government Securities | Maximum    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, interest rate 8.75% 8.25%
Preferred Stock    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 6,405,000 $ 3,686,000
Warrants and Rights [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Securities sold, not yet purchased, at fair value $ 8,532,000 $ 14,819,000
[1] As of March 31, 2020, the maturities ranged from April 2020 to May 2067 and interest rates ranged from 5.00% to 6.75%. As of December 31, 2019, the maturities ranged from January 2024 to May 2037 and interest rates ranged from 4.88% to 6.25%.
[2] As of March 31, 2020, the maturities ranged from October 2024 to February 2048 and interest rates ranged from 6.25% to 8.75%. As of December 31, 2019, the maturities ranged from October 2024 to March 2038 and interest rates ranged from 7.00% to 8.25%.