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Fair Value - Valuation of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other $ 81,434 $ 77,959  
Securities sold not yet purchased:      
Contingent payment arrangements 0   $ 7,525
Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Money markets 122,582 151,156  
Securities segregated (U.S. Treasury Bills) 1,692,536 1,503,828  
Derivatives 22,082 15,422  
Total investments measured at fair value and other measurements 243,483 273,418  
Total assets measured at fair value and other measurements 2,080,683 1,943,824  
Securities sold not yet purchased:      
Short equities – corporate 3,427 1,054  
Short exchange-traded options 221 2,774  
Derivatives 16,147 16,923  
Contingent payment arrangements 39,098 38,260  
Total liabilities measured at fair value 58,893 59,011  
Recurring | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Money markets 122,582 151,156  
Securities segregated (U.S. Treasury Bills) 0 0  
Derivatives 1,564 392  
Total investments 133,734 155,904  
Total assets measured at fair value 257,880 307,452  
Securities sold not yet purchased:      
Short equities – corporate 3,427 1,054  
Short exchange-traded options 221 2,774  
Derivatives 1,895 1,186  
Contingent payment arrangements 0 0  
Total liabilities measured at fair value 5,543 5,014  
Recurring | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Money markets 0 0  
Securities segregated (U.S. Treasury Bills) 1,692,536 1,503,828  
Derivatives 20,518 15,030  
Total investments 28,052 39,284  
Total assets measured at fair value 1,741,106 1,558,142  
Securities sold not yet purchased:      
Short equities – corporate 0 0  
Short exchange-traded options 0 0  
Derivatives 14,252 15,737  
Contingent payment arrangements 0 0  
Total liabilities measured at fair value 14,252 15,737  
Recurring | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Money markets 0 0  
Securities segregated (U.S. Treasury Bills) 0 0  
Derivatives 0 0  
Total investments 119 126  
Total assets measured at fair value 119 126  
Securities sold not yet purchased:      
Short equities – corporate 0 0  
Short exchange-traded options 0 0  
Derivatives 0 0  
Contingent payment arrangements 39,098 38,260  
Total liabilities measured at fair value 39,098 38,260  
Recurring | NAV Expedient      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total investments 144 145  
Total assets measured at fair value 144 145  
Equity securities | Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 153,743 184,472  
Equity securities | Recurring | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 125,428 144,917  
Equity securities | Recurring | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 28,052 39,284  
Equity securities | Recurring | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 119 126  
Equity securities | Recurring | NAV Expedient      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 144 145  
Other investments      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other 4,767 6,015  
Other investments | Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total investments measured at fair value and other measurements 12,628 15,109  
Other investments | Recurring | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total investments 7,861 9,094  
Time deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other 21,942 21,024  
Time deposits | Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other 21,942 21,024  
Long | Exchange-traded options | Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 445 1,893  
Long | Exchange-traded options | Recurring | Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 445 1,893  
Long | Exchange-traded options | Recurring | Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 0 0  
Long | Exchange-traded options | Recurring | Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Trading securities 0 0  
Limited partnership hedge funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other 54,725 50,920  
Limited partnership hedge funds | Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other $ 54,725 $ 50,920