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Investments (Summary of Investments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Summary of Investment Holdings [Line Items]    
Investments owned $ 772,052 $ 669,800
Long-term incentive compensation obligations 65,511 78,154
Seed capital    
Summary of Investment Holdings [Line Items]    
Investments owned 395,400 478,000
Consolidated private equity fund    
Summary of Investment Holdings [Line Items]    
Investments owned 0 23,897
Private equity    
Summary of Investment Holdings [Line Items]    
Investments owned 38,248 48,761
Investments in consolidated VIEs    
Summary of Investment Holdings [Line Items]    
Investments owned 243,248 0
Available-for-sale    
Summary of Investment Holdings [Line Items]    
Investments owned 293 364
Trading | Long-term incentive compensation-related    
Summary of Investment Holdings [Line Items]    
Investments owned 49,120 59,150
Trading | U.S. Treasury Bills    
Summary of Investment Holdings [Line Items]    
Investments owned 29,961 24,942
Trading | Seed capital    
Summary of Investment Holdings [Line Items]    
Investments owned 282,176 406,322
Trading | Equities    
Summary of Investment Holdings [Line Items]    
Investments owned 70,315 43,584
Trading | Exchange-traded options    
Summary of Investment Holdings [Line Items]    
Investments owned 4,709 5,910
Investments in limited partnership hedge funds | Long-term incentive compensation-related    
Summary of Investment Holdings [Line Items]    
Investments owned 16,391 19,004
Investments in limited partnership hedge funds | Seed capital    
Summary of Investment Holdings [Line Items]    
Investments owned 19,695 20,082
Other    
Summary of Investment Holdings [Line Items]    
Investments owned $ 17,896 $ 17,784