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Fair Value (Valuation of Financial Instruments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Securities sold not yet purchased      
Contingent payment arrangements $ 0   $ 9,365
Recurring      
Assets, Fair Value Disclosure [Abstract]      
Money markets 261,553 $ 89,566  
U.S. Treasury Bills 374,998 444,152  
Available-for-sale      
Equity securities 135 5,951  
Fixed income securities 190 221  
Trading      
Equity securities 341,132 387,502  
Fixed income securities 172,605 167,059  
Long exchange-traded options 11,178 22,290  
Derivatives 18,739 6,787  
Private equity 63,855 71,088  
Total assets measured at fair value 1,244,385 1,194,616  
Securities sold not yet purchased      
Short equities – corporate 26,606 81,784  
Short exchange-traded options 4,103 7,118  
Derivatives 11,354 9,392  
Contingent payment arrangements 38,817 42,436  
Total liabilities measured at fair value 80,880 140,730  
Recurring | Level 1      
Assets, Fair Value Disclosure [Abstract]      
Money markets 261,553 89,566  
U.S. Treasury Bills 0 0  
Available-for-sale      
Equity securities 135 5,951  
Fixed income securities 190 221  
Trading      
Equity securities 320,051 387,495  
Fixed income securities 170,572 164,317  
Long exchange-traded options 11,178 22,290  
Derivatives 2,740 571  
Private equity 14,388 12,162  
Total assets measured at fair value 780,807 682,573  
Securities sold not yet purchased      
Short equities – corporate 26,606 81,784  
Short exchange-traded options 4,103 7,118  
Derivatives 264 2,438  
Contingent payment arrangements 0 0  
Total liabilities measured at fair value 30,973 91,340  
Recurring | Level 2      
Assets, Fair Value Disclosure [Abstract]      
Money markets 0 0  
U.S. Treasury Bills 374,998 444,152  
Available-for-sale      
Equity securities 0 0  
Fixed income securities 0 0  
Trading      
Equity securities 20,962 7  
Fixed income securities 2,033 2,742  
Long exchange-traded options 0 0  
Derivatives 15,999 6,216  
Private equity 0 0  
Total assets measured at fair value 413,992 453,117  
Securities sold not yet purchased      
Short equities – corporate 0 0  
Short exchange-traded options 0 0  
Derivatives 11,090 6,954  
Contingent payment arrangements 0 0  
Total liabilities measured at fair value 11,090 6,954  
Recurring | Level 3      
Assets, Fair Value Disclosure [Abstract]      
Money markets 0 0  
U.S. Treasury Bills 0 0  
Available-for-sale      
Equity securities 0 0  
Fixed income securities 0 0  
Trading      
Equity securities 119 0  
Fixed income securities 0 0  
Long exchange-traded options 0 0  
Derivatives 0 0  
Private equity 49,467 58,926  
Total assets measured at fair value 49,586 58,926  
Securities sold not yet purchased      
Short equities – corporate 0 0  
Short exchange-traded options 0 0  
Derivatives 0 0  
Contingent payment arrangements 38,817 42,436  
Total liabilities measured at fair value $ 38,817 $ 42,436