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Segment Reporting (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
segment
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Segment Reporting Information [Line Items]      
Number of reportable segments | segment 2    
Reconciliation to U.S. GAAP Company's Economic Income (Loss)      
Preferred stock dividends $ 6,792 $ 6,792 $ 6,792
Amortization of (discount)/premium on convertible debt 4,490 4,598 5,473
Goodwill and other impairment 22,677 20,460 12,436
Income (loss) before income taxes 297,437 70,723 95,598
Segment Information      
Total revenues 1,623,304 1,049,443 966,916
Depreciation and Amortization 22,677 20,460 12,436
Interest and Dividend Expense 187,725 168,628 104,116
Dividend expense 8,100 8,800 6,600
Dividend revenue 17,300 9,200 10,200
Consolidated Funds      
Segment Information      
Interest and Dividend Expense 2,064 4,602 6,534
Dividend expense 700 1,000 1,900
Dividend revenue 2,500 3,000 5,400
Operating Segments      
Segment Information      
Non-Interest Revenue [1] 1,450,484 876,961 864,732
Interest Revenue 170,128 165,727 97,759
Total revenues 1,623,304 1,049,443 966,916
Operating Segments | Consolidated Funds      
Segment Information      
Interest Revenue 2,692 6,755 4,425
Adjustments      
Reconciliation to U.S. GAAP Company's Economic Income (Loss)      
Noncontrolling Interest (9,299) 31,239 37,060
Preferred stock dividends 6,792 6,792 6,792
Amortization of (discount)/premium on convertible debt (4,499) (4,297) (4,010)
Transaction-related and other costs (9,098) (2,608) (2,778)
Goodwill and other impairment (2,423) (4,100) 0
Unrealized gain (loss) on conversion option 0 0 [2] (7,416) [2]
Debt extinguishment gain / loss 2,719 0 (556)
Exited business cost 0 0 (2,395)
OpCo | Operating Segments      
Reconciliation to U.S. GAAP Company's Economic Income (Loss)      
Economic Income 329,381 53,257 77,935
Segment Information      
Non-Interest Revenue 1,447,595 874,506 856,285
Interest Revenue 169,358 165,443 96,535
Total revenues 1,619,636 1,046,695 957,233
Interest Expense 173,537 155,974 94,555
Depreciation and Amortization 22,655 20,424 11,402
OpCo | Operating Segments | Consolidated Funds      
Segment Information      
Interest Revenue 2,683 6,746 4,413
Interest Expense 1,376 3,553 4,606
Asset Co | Operating Segments      
Reconciliation to U.S. GAAP Company's Economic Income (Loss)      
Economic Income (16,136) (9,560) (9,034)
Segment Information      
Non-Interest Revenue 2,889 2,455 8,447
Interest Revenue 770 284 1,224
Total revenues 3,668 2,748 9,683
Interest Expense 6,120 3,835 2,920
Depreciation and Amortization 22 36 1,034
Asset Co | Operating Segments | Consolidated Funds      
Segment Information      
Interest Revenue 9 9 12
Interest Expense $ 0 $ 0 $ 0
[1] Includes dividend revenue of $17.3 million, $9.2 million and $10.2 million for the years ended December 31, 2020, 2019, and 2018, respectively. In addition, includes dividend revenue, consolidated funds, of $2.5 million, $3.0 million and $5.4 million for the years ended December 31, 2020, 2019, and 2018, respectively.
[2] Prior to the Company's June 26, 2018 stockholder meeting, the embedded conversion option feature associated with its December 2022 Convertible Notes was recognized at fair value in accordance with US GAAP as a derivative liability. The profit and loss movement related to that liability was associated with the movement of the per share price of the Company's Class A common stock. Subsequent to receiving stockholder approval for share settlement the embedded conversion option was reclassified to equity and will no longer result in profit and loss movements.