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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 574,384 $ 593,646
Cash segregated under regulatory requirements 257,512 257,031
Securities owned 59,527 58,572
Marketable securities 338 349
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 1,822,549 304,022
Accrued commissions and other receivables, net 854,761 739,009
Loans, forgivable loans and other receivables from employees and partners, net 419,638 408,142
Fixed assets, net 211,233 214,782
Investments 40,004 38,008
Goodwill 556,392 556,211
Other intangible assets, net 281,571 287,157
Receivables from related parties 6,919 11,953
Other assets 485,837 480,418
Total assets 5,570,665 3,949,300
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 3,510 3,849
Repurchase agreements 94  
Accrued compensation 202,918 220,726
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 1,676,985 179,716
Payables to related parties 47,501 36,252
Accounts payable, accrued and other liabilities 1,435,951 1,363,919
Notes payable and other borrowings 1,313,295 1,315,935
Total liabilities 4,680,254 3,120,397
Commitments, contingencies and guarantees (Note 19)
Redeemable partnership interest 19,989 20,674
Stockholders’ equity:    
Additional paid-in capital 2,365,750 2,354,492
Treasury stock, at cost: 51,492 and 50,527 shares of Class A common stock at March 31, 2021 and December 31, 2020, respectively (318,864) (315,313)
Retained deficit (1,226,187) (1,265,504)
Accumulated other comprehensive income (loss) (32,284) (28,930)
Total stockholders’ equity 792,732 748,939
Noncontrolling interest in subsidiaries 77,690 59,290
Total equity 870,422 808,229
Total liabilities, redeemable partnership interest, and equity 5,570,665 3,949,300
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value 3,858 3,735
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value $ 459 $ 459