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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 415,379 $ 336,535
Cash segregated under regulatory requirements 220,735 80,243
Securities owned 57,525 58,408
Marketable securities 14,228 32,064
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 551,445 941,866
Accrued commissions and other receivables, net 778,415 516,091
Loans, forgivable loans and other receivables from employees and partners, net 315,590 216,868
Fixed assets, net 204,841 157,169
Investments 40,349 35,403
Goodwill 553,745 504,646
Other intangible assets, net 303,224 298,779
Receivables from related parties 14,273 7,748
Other assets 446,371 246,937
Total assets 3,916,120 3,432,757
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 4,962 5,162
Repurchase agreements   986
Securities loaned 13,902 15,140
Accrued compensation 215,085 195,234
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 416,566 769,833
Payables to related parties 72,497 40,155
Accounts payable, accrued and other liabilities 1,283,046 754,819
Notes payable and other borrowings 1,142,687 763,548
Total liabilities 3,148,745 2,544,877
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 23,638 24,706
Stockholders’ equity:    
Additional paid-in capital 2,271,947 2,208,221
Treasury stock, at cost: 50,525 and 50,270 shares of Class A common stock at December 31, 2019 and December 31, 2018, respectively (315,308) (314,240)
Retained deficit (1,241,754) (1,105,019)
Accumulated other comprehensive income (loss) (33,102) (24,465)
Total stockholders’ equity 685,826 768,373
Noncontrolling interest in subsidiaries 57,911 94,801
Total equity 743,737 863,174
Total liabilities, redeemable partnership interest, and equity 3,916,120 3,432,757
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value 459 459
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value $ 3,584 $ 3,417