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Investment Securities - Fair value of investment securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Fair value of investments    
Available-for-sale Securities $ 120,756 $ 123,376
Trading Securities 164,561 175,365
Equity method securities 23,986 30,009
Total investment securities 309,303 328,750
Total Estimated Fair Value    
Fair value of investments    
Total investment securities 309,303 328,750
Sponsored funds    
Fair value of investments    
Available-for-sale Securities 120,756 122,806
Trading Securities 30,555 29,541
Equity method securities 20,441 26,775
Sponsored funds | Total Estimated Fair Value    
Fair value of investments    
Available-for-sale Securities 120,756 122,806
Trading Securities 30,555 29,541
Equity method securities 20,441 26,775
Sponsored privately offered funds    
Fair value of investments    
Available-for-sale Securities   570
Trading Securities 614  
Equity method securities 3,545 3,234
Sponsored privately offered funds | Total Estimated Fair Value    
Fair value of investments    
Available-for-sale Securities   570
Trading Securities 614  
Equity method securities 3,545 3,234
Mortgage-backed securities    
Fair value of investments    
Trading Securities 12 13
Mortgage-backed securities | Total Estimated Fair Value    
Fair value of investments    
Trading Securities 12 13
Common Stock    
Fair value of investments    
Trading Securities 104 101
Common Stock | Total Estimated Fair Value    
Fair value of investments    
Trading Securities 104 101
Consolidated Sponsored Funds    
Fair value of investments    
Trading Securities 133,276 145,710
Consolidated Sponsored Funds | Total Estimated Fair Value    
Fair value of investments    
Trading Securities 133,276 145,710
Level 1    
Fair value of investments    
Total investment securities 266,801 280,070
Level 1 | Sponsored funds    
Fair value of investments    
Available-for-sale Securities 120,756 122,806
Trading Securities 30,555 29,541
Equity method securities 20,441 26,775
Level 1 | Common Stock    
Fair value of investments    
Trading Securities 104 101
Level 1 | Consolidated Sponsored Funds    
Fair value of investments    
Trading Securities 94,945 100,847
Level 2    
Fair value of investments    
Total investment securities 38,343 44,876
Level 2 | Mortgage-backed securities    
Fair value of investments    
Trading Securities 12 13
Level 2 | Consolidated Sponsored Funds    
Fair value of investments    
Trading Securities 38,331 44,863
Other Assets Not Held at Fair Value    
Fair value of investments    
Total investment securities 4,159 3,804
Other Assets Not Held at Fair Value | Sponsored privately offered funds    
Fair value of investments    
Available-for-sale Securities   570
Trading Securities 614  
Equity method securities $ 3,545 $ 3,234