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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 463,554 $ 415,379
Cash segregated under regulatory requirements 223,446 220,735
Securities owned 58,685 57,525
Marketable securities 278 14,228
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 1,101,586 551,445
Accrued commissions and other receivables, net 733,933 778,415
Loans, forgivable loans and other receivables from employees and partners, net 370,770 315,590
Fixed assets, net 214,296 204,841
Investments 38,751 40,349
Goodwill 552,023 553,745
Other intangible assets, net 296,403 303,224
Receivables from related parties 12,255 14,273
Other assets 436,374 446,371
Total assets 4,502,354 3,916,120
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 3,652 4,962
Securities loaned   13,902
Accrued compensation 235,161 215,085
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 961,075 416,566
Payables to related parties 29,960 72,497
Accounts payable, accrued and other liabilities 1,195,512 1,283,046
Notes payable and other borrowings 1,290,973 1,142,687
Total liabilities 3,716,333 3,148,745
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 23,343 23,638
Stockholders’ equity:    
Additional paid-in capital 2,308,973 2,271,947
Treasury stock, at cost: 50,525 shares of Class A common stock at each of June 30, 2020 and December 31, 2019 (315,308) (315,308)
Retained deficit (1,253,434) (1,241,754)
Accumulated other comprehensive income (loss) (46,570) (33,102)
Total stockholders’ equity 697,758 685,826
Noncontrolling interest in subsidiaries 64,920 57,911
Total equity 762,678 743,737
Total liabilities, redeemable partnership interest, and equity 4,502,354 3,916,120
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value 3,638 3,584
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value $ 459 $ 459