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Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned $ 1,144,898 $ 731,752
Available-for-sale securities, at fair value 1,582,418 1,636,041
Investments 100,779 99,376
Cash equivalents measured at NAV 791 1,650
Derivative contracts, Assets 136,112 [1] 142,042 [2]
Total Assets 2,964,998 2,610,861
Financial instruments sold, but not yet purchased, at fair value 665,487 454,817
Derivative contracts, Liabilities 136,099 [3] 142,028 [4]
Total, Liabilities 801,586 596,845
U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 24,571 38,956
Financial instruments sold, but not yet purchased, at fair value 445,251 254,265
U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 351,095 73,608
Available-for-sale securities, at fair value 2,163 [5] 2,148
Financial instruments sold, but not yet purchased, at fair value 12,889 3,971
Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 46,022 8,270
Available-for-sale securities, at fair value 197,472 207,725
Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 243,240 202,169
Available-for-sale securities, at fair value 545,964 [5] 566,294
Financial instruments sold, but not yet purchased, at fair value 116,263 134,381
Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 40,392 38,129
Investments 23,648 23,597
Financial instruments sold, but not yet purchased, at fair value 16,067 11,590
State And Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 159,089 126,237
Available-for-sale securities, at fair value 2,350 [5] 2,351
Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 37,556 [6] 37,136 [7]
Investments in Funds and Partnerships Measured at NAV [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 24,892 23,962
Agency Mortgage-Backed Securities [Member] | Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 173,629 172,642
Available-for-sale securities, at fair value 768,548 [5] 791,022
Financial instruments sold, but not yet purchased, at fair value 69,150 44,793
Agency Mortgage-Backed Securities [Member] | Commercial [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 65,578 [5] 66,113
Agency Mortgage-Backed Securities [Member] | Non-Agency [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 343 [5] 388
Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 14,683 14,681
Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,144,898 731,752
Financial instruments sold, but not yet purchased, at fair value 5,867 [8] 5,817 [9]
Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 106,860 [10] 71,741 [11]
Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 0  
Investments 10,198 10,045
Total Assets 75,302 87,073
Financial instruments sold, but not yet purchased, at fair value 461,363 265,943
Total, Liabilities 461,363 265,943
Level 1 [Member] | U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 24,571 38,956
Financial instruments sold, but not yet purchased, at fair value 445,251 254,265
Level 1 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 141 689
Financial instruments sold, but not yet purchased, at fair value 45 88
Level 1 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 40,392 37,383
Investments 10,099 9,928
Financial instruments sold, but not yet purchased, at fair value 16,067 11,590
Level 1 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 99 [6] 117 [7]
Level 1 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 65,104 77,028
Level 2 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 1,582,418 1,636,041
Investments 1,786 1,836
Derivative contracts, Assets 136,112 [1] 142,042 [2]
Total Assets 2,692,590 2,362,576
Financial instruments sold, but not yet purchased, at fair value 198,257 183,093
Derivative contracts, Liabilities 136,099 [3] 142,028 [4]
Total, Liabilities 334,356 325,121
Level 2 [Member] | U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 351,095 73,608
Available-for-sale securities, at fair value 2,163 2,148
Financial instruments sold, but not yet purchased, at fair value 12,889 3,971
Level 2 [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 44,043 6,091
Available-for-sale securities, at fair value 197,472 207,725
Level 2 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 243,099 201,480
Available-for-sale securities, at fair value 545,964 566,294
Financial instruments sold, but not yet purchased, at fair value 116,218 134,293
Level 2 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned   746
Investments 1,671 1,791
Level 2 [Member] | State And Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 159,089 126,237
Available-for-sale securities, at fair value 2,350 2,351
Level 2 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 115 [6] 45 [7]
Level 2 [Member] | Agency Mortgage-Backed Securities [Member] | Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 173,629 172,642
Available-for-sale securities, at fair value 768,548 791,022
Financial instruments sold, but not yet purchased, at fair value 69,150 44,793
Level 2 [Member] | Agency Mortgage-Backed Securities [Member] | Commercial [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 65,578 66,113
Level 2 [Member] | Agency Mortgage-Backed Securities [Member] | Non-Agency [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 343 388
Level 2 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 972,274 582,657
Financial instruments sold, but not yet purchased, at fair value [9]   36
Level 2 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,319 [10] 1,853 [11]
Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, at fair value 0  
Investments 63,903 63,533
Total Assets 171,423 135,600
Financial instruments sold, but not yet purchased, at fair value 5,867 5,781
Total, Liabilities 5,867 5,781
Level 3 [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,979 2,179
Level 3 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 11,878 11,878
Level 3 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 37,342 [6] 36,974 [7]
Level 3 [Member] | Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 14,683 14,681
Level 3 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 107,520 72,067
Level 3 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 105,541 [10] 69,888 [11]
Financial instruments sold, but not yet purchased, at fair value $ 5,867 [8] $ 5,781 [9]
[1] Included in other assets in the consolidated statements of financial condition.
[2] Included in other assets in the consolidated statements of financial condition.
[3] Included in accounts payable and accrued expenses in the consolidated statements of financial condition.
[4] Included in accounts payable and accrued expenses in the consolidated statements of financial condition
[5] Due to the immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.
[6] Primarily includes private company investments.
[7] Primarily includes private company investments.
[8] Includes syndicated loans.
[9] Includes syndicated loans and state and municipal securities.
[10] Includes syndicated loans and non-agency mortgage-backed securities.
[11] Includes syndicated loans, non-agency mortgage-backed securities, and sovereign debt.