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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 492,303 $ 415,379
Cash segregated under regulatory requirements 244,230 220,735
Securities owned 58,547 57,525
Marketable securities 303 14,228
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 1,140,121 551,445
Accrued commissions and other receivables, net 689,045 778,415
Loans, forgivable loans and other receivables from employees and partners, net 401,633 315,590
Fixed assets, net 218,654 204,841
Investments 40,169 40,349
Goodwill 553,688 553,745
Other intangible assets, net 291,339 303,224
Receivables from related parties 14,246 14,273
Other assets 450,007 446,371
Total assets 4,594,285 3,916,120
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 3,546 4,962
Repurchase agreements 2,089  
Securities loaned   13,902
Accrued compensation 212,561 215,085
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 988,329 416,566
Payables to related parties 45,750 72,497
Accounts payable, accrued and other liabilities 1,197,615 1,283,046
Notes payable and other borrowings 1,318,490 1,142,687
Total liabilities 3,768,380 3,148,745
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 23,280 23,638
Stockholders’ equity:    
Additional paid-in capital 2,317,706 2,271,947
Treasury stock, at cost: 50,527 and 50,525 shares of Class A common stock at each of September 30, 2020 and December 31, 2019, respectively (315,313) (315,308)
Retained deficit (1,237,657) (1,241,754)
Accumulated other comprehensive income (loss) (39,405) (33,102)
Total stockholders’ equity 729,448 685,826
Noncontrolling interest in subsidiaries 73,177 57,911
Total equity 802,625 743,737
Total liabilities, redeemable partnership interest, and equity 4,594,285 3,916,120
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value 3,658 3,584
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value $ 459 $ 459