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Investments (Summary of Investments) (Details) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Summary of Investment Holdings [Line Items]    
Investments owned $ 763,285 $ 669,800
Long-term incentive compensation obligations 64,296 78,154
Seed capital    
Summary of Investment Holdings [Line Items]    
Investments owned 385,200 478,000
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 35,999 48,761
Investments held by consolidated VIEs    
Summary of Investment Holdings [Line Items]    
Investments owned 247,103 0
Available-for-sale    
Summary of Investment Holdings [Line Items]    
Investments owned 305 364
Trading | Long-term incentive compensation-related    
Summary of Investment Holdings [Line Items]    
Investments owned 47,681 59,150
Trading | U.S. Treasury Bills    
Summary of Investment Holdings [Line Items]    
Investments owned 29,899 24,942
Trading | Seed capital    
Summary of Investment Holdings [Line Items]    
Investments owned 271,787 406,322
Trading | Equities    
Summary of Investment Holdings [Line Items]    
Investments owned 67,610 43,584
Trading | Exchange-traded options    
Summary of Investment Holdings [Line Items]    
Investments owned 8,045 5,910
Investments in limited partnership hedge funds | Long-term incentive compensation-related    
Summary of Investment Holdings [Line Items]    
Investments owned 16,615 19,004
Investments in limited partnership hedge funds | Seed capital    
Summary of Investment Holdings [Line Items]    
Investments owned 20,565 20,082
Other    
Summary of Investment Holdings [Line Items]    
Investments owned $ 17,676 $ 17,784