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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 399,429 $ 336,535
Cash segregated under regulatory requirements 216,690 80,243
Securities owned 62,085 58,408
Marketable securities 12,772 32,064
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 2,273,726 941,866
Accrued commissions and other receivables, net 602,279 516,091
Loans, forgivable loans and other receivables from employees and partners, net 259,400 216,868
Fixed assets, net 179,324 157,169
Investments 36,661 35,403
Goodwill 560,284 504,646
Other intangible assets, net 310,751 298,779
Receivables from related parties 6,279 7,748
Other assets 472,138 246,937
Total assets 5,391,818 3,432,757
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 5,219 5,162
Repurchase agreements 1,100 986
Securities loaned 12,290 15,140
Accrued compensation 205,405 195,234
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 2,107,383 769,833
Payables to related parties 66,743 40,155
Accounts payable, accrued and other liabilities 1,055,082 754,819
Notes payable and other borrowings 1,062,221 763,548
Total liabilities 4,515,443 2,544,877
Commitments, contingencies and guarantees (Note 19)
Redeemable partnership interest 24,929 24,706
Stockholders’ equity:    
Additional paid-in capital 2,228,854 2,208,221
Treasury stock, at cost: 50,503 and 50,270 shares of Class A common stock at June 30, 2019 and December 31, 2018, respectively (315,210) (314,240)
Retained deficit (1,124,860) (1,105,019)
Accumulated other comprehensive income (loss) (26,390) (24,465)
Total stockholders’ equity 766,337 768,373
Noncontrolling interest in subsidiaries 85,109 94,801
Total equity 851,446 863,174
Total liabilities, redeemable partnership interest, and equity 5,391,818 3,432,757
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value 3,484 3,417
Total equity 3,484 3,417
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value 459 459
Total equity $ 459 $ 459