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Fair Value Measurements for Operating Entities and Consolidated Funds - Carrying Value Disclosures (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Cash and cash equivalents $ 512,978,000 $ 914,343,000 $ 1,147,531,000
Cash collateral pledged 52,865,000 47,494,000 110,303,000
Segregated Cash 220,882,000 194,701,000 168,942,000
Securities Purchased under Agreements to Resell 19,621,000 0  
Securities borrowed 1,761,146,000 1,704,603,000  
Loans Receivable, Net 5,041,000 4,858,000  
Cash and cash equivalents, Consolidated Funds 23,000 296,000 $ 935,000
Securities Sold under Agreements to Repurchase 229,192,000 63,469,000  
Securities sold under agreements to repurchase, Fair value 249,116,000 74,443,000  
Securities Loaned 1,735,852,000 1,586,572,000  
Long-term Debt [1] 625,766,000 623,371,000  
Notes Payable, Other Payables      
Unamortized discount 2,700,000 2,800,000  
Debt Instrument, Unamortized Premium 200,000 300,000  
Level 1      
Cash and cash equivalents, Fair Value 512,978,000 914,343,000  
Segregated cash fair value disclosures 220,882,000 194,701,000  
Cash and cash equivalents, Consolidated Funds, Fair Value 23,000 296,000  
Level 2      
Cash collateral pledged, Fair Value 52,865,000 47,494,000  
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure 19,621,000 0  
Securities Borrowed, Fair Value Disclosure 1,761,146,000 1,704,603,000  
Securities sold under agreements to repurchase, Fair value 229,192,000 63,469,000  
Securities loaned, fair value disclosure 1,735,852,000 1,586,572,000  
Notes payable and other debt, Fair Value [2] 644,238,000 655,229,000  
Level 3      
Loans Receivable, Fair Value Disclosure [3] $ 5,041,000 $ 4,858,000  
[1] The carrying amount of the notes payable and other debt includes an unamortized discount and unamortized premium of $2.7 million and $0.2 million as of March 31, 2022, respectively, and unamortized discount and unamortized premium of $2.8 million and $0.3 million as of December 31, 2021, respectively.
[2] Notes payable and other debt are based on the last broker quote available.
[3] The fair market value of level 3 loans is calculated using discounted cash flows where applicable.