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Receivables and Payables (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Receivables from brokers, dealers and clearing organizations      
Broker-dealers $ 297,916,000 $ 205,975,000  
Clearing organizations 12,391,000 2,365,000  
Securities borrowed 798,228,000 663,293,000  
Allowance for doubtful accounts (1,416,000) (318,000)  
Total 1,107,119,000 871,315,000  
Payables to brokers, dealers and clearing organizations      
Broker-dealers 513,529,000 370,146,000  
Clearing organizations 728,000 14,945,000  
Securities loaned 823,202,000 694,682,000  
Total 1,337,459,000 1,079,773,000  
Receivables from customers      
Customers 548,287,000 473,852,000  
Allowance for doubtful accounts (1,462,000) (1,343,000)  
Total 546,825,000 472,509,000  
Payables to customers      
Customers 226,892,000 207,738,000  
Total 226,892,000 207,738,000  
Allowance for doubtful accounts      
Increase in allowance for doubtful debts 1,401,000 203,000 178,000
Total write-offs against the allowance 200,000 100,000 100,000
Securities Borrowed and Loaned      
Fair value of securities borrowed 790,800,000    
Interest earned 19,242,000 19,130,000  
Interest incurred (14,589,000) (14,646,000)  
Interest earned incurred, net $ 4,653,000 $ 4,484,000