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Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned $ 1,056,745 $ 731,752
Available-for-sale securities, at fair value 1,512,233 [1] 1,636,041
Investments 91,154 99,376
Cash equivalents measured at NAV 1,870 1,650
Derivative contracts, Assets [2] 166,038 142,042
Total Assets 2,828,040 2,610,861
Financial instruments sold, but not yet purchased, at fair value 578,290 454,817
Derivative contracts, Liabilities [3] 166,015 142,028
Total, Liabilities 744,305 596,845
U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 10,479 38,956
Financial instruments sold, but not yet purchased, at fair value 334,630 254,265
U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 158,086 73,608
Available-for-sale securities, at fair value 2,135 [1] 2,148
Financial instruments sold, but not yet purchased, at fair value 5,439 3,971
Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 63,046 8,270
Available-for-sale securities, at fair value 188,677 207,725
Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 321,842 202,169
Available-for-sale securities, at fair value 537,850 [1] 566,294
Financial instruments sold, but not yet purchased, at fair value 135,080 134,381
Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 43,091 38,129
Investments 24,877 23,597
Financial instruments sold, but not yet purchased, at fair value 20,114 11,590
State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 163,139 126,237
Available-for-sale securities, at fair value 2,294 [1] 2,351
Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments [4] 39,396 37,136
Investments in Funds and Partnerships Measured at NAV [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 26,098 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 199,294 172,642
Available-for-sale securities, at fair value 715,250 [1] 791,022
Financial instruments sold, but not yet purchased, at fair value 70,344 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 65,695 [1] 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 332 [1] 388
Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 783 14,681
Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,056,745 731,752
Financial instruments sold, but not yet purchased, at fair value 12,683 [5] 5,817 [6]
Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 97,768 [7] 71,741 [8]
Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 10,959 10,045
Total Assets 64,452 87,073
Financial instruments sold, but not yet purchased, at fair value 354,744 265,943
Total, Liabilities 354,744 265,943
Level 1 [Member] | U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 10,479 38,956
Financial instruments sold, but not yet purchased, at fair value 334,630 254,265
Level 1 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 197 689
Financial instruments sold, but not yet purchased, at fair value   88
Level 1 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 42,817 37,383
Investments 10,888 9,928
Financial instruments sold, but not yet purchased, at fair value 20,114 11,590
Level 1 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments [4] 71 117
Level 1 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 53,493 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 1,512,233 1,636,041
Investments 2,226 1,836
Derivative contracts, Assets [2] 166,038 142,042
Total Assets 2,593,563 2,362,576
Financial instruments sold, but not yet purchased, at fair value 217,837 183,093
Derivative contracts, Liabilities [3] 166,015 142,028
Total, Liabilities 383,852 325,121
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 158,086 73,608
Available-for-sale securities, at fair value 2,135 2,148
Financial instruments sold, but not yet purchased, at fair value 5,439 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 61,377 6,091
Available-for-sale securities, at fair value 188,677 207,725
Level 2 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 321,645 201,480
Available-for-sale securities, at fair value 537,850 566,294
Financial instruments sold, but not yet purchased, at fair value 135,080 134,293
Level 2 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 274 746
Investments 2,111 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 163,139 126,237
Available-for-sale securities, at fair value 2,294 2,351
Level 2 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments [4] 115 45
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 199,294 172,642
Available-for-sale securities, at fair value 715,250 791,022
Financial instruments sold, but not yet purchased, at fair value 70,344 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 65,695 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 332 388
Level 2 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 913,066 582,657
Financial instruments sold, but not yet purchased, at fair value 6,974 [5] 36 [6]
Level 2 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 9,251 [7] 1,853 [8]
Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 51,871 63,533
Total Assets 142,057 135,600
Financial instruments sold, but not yet purchased, at fair value 5,709 5,781
Total, Liabilities 5,709 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 1,669 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 [4] 39,210 36,974
Level 3 [Member] | Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 783 14,681
Level 3 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 90,186 72,067
Level 3 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 88,517 [7] 69,888 [8]
Financial instruments sold, but not yet purchased, at fair value $ 5,709 [5] $ 5,781 [6]
[1] Due to the immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.
[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] Primarily includes private company investments.
[5] Includes asset-backed securities and syndicated loans.
[6] Includes syndicated loans and state and municipal securities.
[7] Includes syndicated loans and non-agency mortgage-backed securities.
[8] Includes syndicated loans, non-agency mortgage-backed securities, and sovereign debt.