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Fair Value Measurements for Operating Entities and Consolidated Funds - Assets and Liabilities at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value $ 51,482 $ 62,977  
Other investments 255,027 185,722  
Other Investments, Consolidated Funds 192,670 175,769  
Investments 2,511,403 2,439,131  
Securities sold, not yet purchased, at fair value 728,115 451,836  
Securities sold, not yet purchased, at fair value 728,115 451,836  
Payable for derivative contracts, at fair value 76,160 60,761  
Contingent Consideration Payable 37,953 30,896  
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low 10,100 1,300  
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High 35,100 40,000  
Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Balance Liability Value 42,837 36,766  
Corporate Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Balance Liability Value 704 1,000 $ 0
Contingent liability payable      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Balance Liability Value 36,718 30,896 $ 3,070
Futures      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 0 217  
Swaps      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 64,634 6,151  
Payable for derivative contracts, at fair value 43,560 26,409  
Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value [1] 49,102 60,066  
Portfolio Funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other investments [2] 133,454 114,504  
Other Investments, Consolidated Funds [2] 192,670 175,769  
Carried interest      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other investments [2] 82,892 30,360  
Equity Method Investments      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other investments [2] 38,681 40,858  
Fair Value, Measurements, Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, Fair Value Disclosure, Recurring 2,063,706 2,077,640  
Investment Sold, Not yet Purchased and Derivative Liability, at Fair Value 840,993 548,262  
Fair Value, Measurements, Recurring | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, Fair Value Disclosure, Recurring 1,847,389 1,993,268  
Investment Sold, Not yet Purchased and Derivative Liability, at Fair Value 777,908 478,524  
Fair Value, Measurements, Recurring | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, Fair Value Disclosure, Recurring 151,125 39,180  
Investment Sold, Not yet Purchased and Derivative Liability, at Fair Value 57,281 36,212  
Fair Value, Measurements, Recurring | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, Fair Value Disclosure, Recurring 127,461 48,432  
Investment Sold, Not yet Purchased and Derivative Liability, at Fair Value 42,837 36,766  
Fair Value, Measurements, Recurring | Common Stock      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 699,894 425,448  
Fair Value, Measurements, Recurring | Common Stock | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 699,894 425,448  
Fair Value, Measurements, Recurring | Common Stock | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Common Stock | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Corporate Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 11,358 5,933  
Fair Value, Measurements, Recurring | Corporate Bonds | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Corporate Bonds | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 10,654 4,933  
Fair Value, Measurements, Recurring | Corporate Bonds | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 704 1,000  
Fair Value, Measurements, Recurring | Preferred Stock      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 6,589 3,686  
Fair Value, Measurements, Recurring | Preferred Stock | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 6,589 3,686  
Fair Value, Measurements, Recurring | Preferred Stock | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Preferred Stock | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Warrants and Rights [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 8,774 14,819  
Fair Value, Measurements, Recurring | Warrants and Rights [Member] | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 8,774 14,819  
Fair Value, Measurements, Recurring | Warrants and Rights [Member] | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Warrants and Rights [Member] | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Contingent liability payable      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingent Consideration Payable 36,718 [3] 30,896 [4]  
Fair Value, Measurements, Recurring | Contingent liability payable | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingent Consideration Payable 0 [3] 0 [4]  
Fair Value, Measurements, Recurring | Contingent liability payable | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingent Consideration Payable 0 [3] 0 [4]  
Fair Value, Measurements, Recurring | Contingent liability payable | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingent Consideration Payable [4]   30,896  
Fair Value, Measurements, Recurring | Futures | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   217  
Fair Value, Measurements, Recurring | Futures | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   217  
Fair Value, Measurements, Recurring | Futures | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Futures | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Currency forward | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 3,067 851  
Fair Value, Measurements, Recurring | Currency forward | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 0 0  
Fair Value, Measurements, Recurring | Currency forward | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 3,067 851  
Fair Value, Measurements, Recurring | Currency forward | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 0 0  
Fair Value, Measurements, Recurring | Swaps | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 6,527 23,169  
Fair Value, Measurements, Recurring | Swaps | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 0 0  
Fair Value, Measurements, Recurring | Swaps | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 43,560 26,409  
Fair Value, Measurements, Recurring | Swaps | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 0 0  
Derivative Liability, Fair Value, Amount Offset Against Collateral [5] (37,033) (3,240)  
Fair Value, Measurements, Recurring | Options | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 66,566 36,524  
Fair Value, Measurements, Recurring | Options | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 62,651 33,604  
Fair Value, Measurements, Recurring | Options | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 0 0  
Fair Value, Measurements, Recurring | Options | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value 3,915 2,920  
Fair Value, Measurements, Recurring | Government Securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 19,721 15,916  
Fair Value, Measurements, Recurring | Government Securities | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 19,721 15,916  
Fair Value, Measurements, Recurring | Government Securities | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Government Securities | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Preferred Stock      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 69,358 12,656  
Fair Value, Measurements, Recurring | Preferred Stock | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 9,391 4,821  
Fair Value, Measurements, Recurring | Preferred Stock | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 0 0  
Fair Value, Measurements, Recurring | Preferred Stock | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 59,967 7,835  
Fair Value, Measurements, Recurring | Common Stock      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 1,770,451 1,546,484  
Fair Value, Measurements, Recurring | Common Stock | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 1,746,407 1,527,769  
Fair Value, Measurements, Recurring | Common Stock | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 108 1,249  
Fair Value, Measurements, Recurring | Common Stock | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 23,936 17,466  
Fair Value, Measurements, Recurring | Convertible Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 6,040 2,500  
Fair Value, Measurements, Recurring | Convertible Bonds | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Convertible Bonds | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Convertible Bonds | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 6,040 2,500  
Fair Value, Measurements, Recurring | Corporate Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 86,503 25,500  
Fair Value, Measurements, Recurring | Corporate Bonds | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Corporate Bonds | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 86,368 23,079  
Fair Value, Measurements, Recurring | Corporate Bonds | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 135 2,421  
Fair Value, Measurements, Recurring | Trade Claims      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 9,205 7,320  
Fair Value, Measurements, Recurring | Trade Claims | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Trade Claims | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Trade Claims | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 9,205 7,320  
Fair Value, Measurements, Recurring | Loans      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 12,623 1,067  
Fair Value, Measurements, Recurring | Loans | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 0  
Fair Value, Measurements, Recurring | Loans | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 0 1,067  
Fair Value, Measurements, Recurring | Loans | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading 12,623 0  
Fair Value, Measurements, Recurring | Warrants and Rights [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 27,701 22,109  
Fair Value, Measurements, Recurring | Warrants and Rights [Member] | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 21,154 21,515  
Fair Value, Measurements, Recurring | Warrants and Rights [Member] | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 0 0  
Fair Value, Measurements, Recurring | Warrants and Rights [Member] | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 6,547 594  
Fair Value, Measurements, Recurring | Derivative Assets | Currency forward      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 15    
Fair Value, Measurements, Recurring | Derivative Assets | Currency forward | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 0    
Fair Value, Measurements, Recurring | Derivative Assets | Currency forward | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 15    
Fair Value, Measurements, Recurring | Derivative Assets | Currency forward | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 0    
Fair Value, Measurements, Recurring | Derivative Assets | Swaps      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 2,365 2,911  
Fair Value, Measurements, Recurring | Derivative Assets | Swaps | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 0 0  
Fair Value, Measurements, Recurring | Derivative Assets | Swaps | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 64,634 6,151  
Fair Value, Measurements, Recurring | Derivative Assets | Swaps | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 0 0  
Derivative Asset, Fair Value, Amount Offset Against Collateral [5] (62,269) (3,240)  
Fair Value, Measurements, Recurring | Derivative Assets | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 49,102 60,066  
Fair Value, Measurements, Recurring | Derivative Assets | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 48,851 59,730  
Fair Value, Measurements, Recurring | Derivative Assets | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 0 0  
Fair Value, Measurements, Recurring | Derivative Assets | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value 251 336  
Fair Value, Measurements, Recurring | Operating Companies [Member] | Government Securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 1,500 1,950  
Fair Value, Measurements, Recurring | Operating Companies [Member] | Government Securities | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Operating Companies [Member] | Government Securities | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 0 0  
Fair Value, Measurements, Recurring | Operating Companies [Member] | Government Securities | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Securities sold, not yet purchased, at fair value 1,500 1,950  
Fair Value, Measurements, Recurring | Consolidated Funds | Currency forward | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   88  
Fair Value, Measurements, Recurring | Consolidated Funds | Currency forward | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Currency forward | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   88  
Fair Value, Measurements, Recurring | Consolidated Funds | Currency forward | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Options | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   750  
Fair Value, Measurements, Recurring | Consolidated Funds | Options | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   750  
Fair Value, Measurements, Recurring | Consolidated Funds | Options | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Options | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Equity Swap | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   3,931  
Fair Value, Measurements, Recurring | Consolidated Funds | Equity Swap | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Equity Swap | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   3,931  
Fair Value, Measurements, Recurring | Consolidated Funds | Equity Swap | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Payable for derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Government Securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   161,607  
Fair Value, Measurements, Recurring | Consolidated Funds | Government Securities | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   161,607  
Fair Value, Measurements, Recurring | Consolidated Funds | Government Securities | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Government Securities | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Preferred Stock      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity   4,393  
Fair Value, Measurements, Recurring | Consolidated Funds | Preferred Stock | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Preferred Stock | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Preferred Stock | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity   4,393  
Fair Value, Measurements, Recurring | Consolidated Funds | Common Stock      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 4,816 200,306  
Fair Value, Measurements, Recurring | Consolidated Funds | Common Stock | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 1,865 200,306  
Fair Value, Measurements, Recurring | Consolidated Funds | Common Stock | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 0 0  
Fair Value, Measurements, Recurring | Consolidated Funds | Common Stock | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 2,951 0  
Fair Value, Measurements, Recurring | Consolidated Funds | Corporate Bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   3,405  
Fair Value, Measurements, Recurring | Consolidated Funds | Corporate Bonds | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Corporate Bonds | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   3,405  
Fair Value, Measurements, Recurring | Consolidated Funds | Corporate Bonds | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Debt Securities, Trading   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Warrants and Rights [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 5,806 5,567  
Fair Value, Measurements, Recurring | Consolidated Funds | Warrants and Rights [Member] | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 0 0  
Fair Value, Measurements, Recurring | Consolidated Funds | Warrants and Rights [Member] | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity 0 0  
Fair Value, Measurements, Recurring | Consolidated Funds | Warrants and Rights [Member] | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading Securities, Equity $ 5,806 5,567  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Currency forward      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   3,302  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Currency forward | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Currency forward | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   3,302  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Currency forward | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Options      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   1,604  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Options | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   1,604  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Options | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Options | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Equity Swap      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   927  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Equity Swap | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   0  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Equity Swap | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   927  
Fair Value, Measurements, Recurring | Consolidated Funds | Derivative Assets | Equity Swap | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Receivable on derivative contracts, at fair value   $ 0  
[1] Includes the volume of contracts for index, equity, commodity future and cash conversion options.
[2] In accordance with US GAAP, portfolio funds are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient are not classified in the fair value hierarchy. Carried interest and equity method investments presented in the table above are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the consolidated statement of financial condition.
[3] In accordance with the terms of the purchase agreements for acquisitions that closed during the first quarter of 2019 and the fourth quarter of 2020, the Company is required to pay to the sellers a portion of future net income and/or revenues of the acquired businesses, if certain targets are achieved through the periods ended December 31, 2020 and December 31, 2023. For both the Quarton Acquisition and the MHT Acquisition, the Company estimated the contingent consideration liabilities using a combination of Monte Carlo and Discounted Cash Flow methods which require the Company to make estimates and assumptions regarding the future cash flows and profits. Changes in these estimates and assumptions could have a significant impact on the amounts recognized. The undiscounted amounts for the Quarton Acquisition can range from $10.1 million to $35.1 million. The undiscounted amounts for the MHT Acquisition have no minimum or maximum as it is calculated based on revenue.
[4] In accordance with the terms of the purchase agreements for acquisitions that closed during the second quarter of 2016 and the first quarter of 2019, the Company is required to pay to the sellers a portion of future net income and/or revenues of the acquired businesses, if certain targets are achieved through the periods ended December 31, 2019 and December 31, 2023, respectively. For the acquisition that closed during 2016, the Company estimated the contingent consideration liability using the income approach (discounted cash flow method) which requires the Company to make estimates and assumptions regarding the future cash flows and profits. For the acquisition that closed during 2019, the Company estimated the contingent consideration liability using the present value of the Monte Carlo simulated revenue. Changes in these estimates and assumptions could have a significant impact on the amounts recognized. The undiscounted amounts as of December 31, 2019 can range from $1.3 million to $40.0 million.
[5] Derivatives are reported on a net basis, by counterparty, when a legal right of offset exists under an enforceable netting agreement as well as net of cash collateral received or posted under enforceable credit support agreements. See Note 2g for further information on offsetting of derivative financial instruments.