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Fair Value - Summary of Valuation of Financial Instruments by Pricing Observability Levels (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Assets, Fair Value Disclosure [Abstract]    
Derivative Liability, Statement Of Financial Position, Extensible Enumeration, Not Disclosed Flag Derivatives Derivatives
Contingent consideration liability $ 8,647 $ 8,605
Recurring    
Assets, Fair Value Disclosure [Abstract]    
Money markets 111,611 175,029
Securities segregated (U.S. Treasury Bills) 350,133 498,649
Derivatives 19,718 12,985
Total assets measured at fair value and other measurements 667,528 907,566
Derivatives 14,109 17,615
Contingent consideration liability 8,647 8,605
Total liabilities measured at fair value 22,756 26,220
Recurring | Equity securities    
Assets, Fair Value Disclosure [Abstract]    
Equity securities 178,019 211,900
Recurring | Other investments    
Assets, Fair Value Disclosure [Abstract]    
Total investments 8,047 9,003
Level 1 | Recurring    
Assets, Fair Value Disclosure [Abstract]    
Money markets 111,611 175,029
Securities segregated (U.S. Treasury Bills) 0 0
Derivatives 3,645 832
Total assets measured at fair value 246,795 330,081
Derivatives 97 366
Contingent consideration liability 0 0
Total liabilities measured at fair value 97 366
Level 1 | Recurring | Equity securities    
Assets, Fair Value Disclosure [Abstract]    
Equity securities 123,492 145,217
Level 1 | Recurring | Other investments    
Assets, Fair Value Disclosure [Abstract]    
Other investments 8,047 9,003
Level 2 | Recurring    
Assets, Fair Value Disclosure [Abstract]    
Money markets 0 0
Securities segregated (U.S. Treasury Bills) 350,133 498,649
Derivatives 16,073 12,153
Total assets measured at fair value 420,574 577,321
Derivatives 14,012 17,249
Contingent consideration liability 0 0
Total liabilities measured at fair value 14,012 17,249
Level 2 | Recurring | Equity securities    
Assets, Fair Value Disclosure [Abstract]    
Equity securities 54,368 66,519
Level 2 | Recurring | Other investments    
Assets, Fair Value Disclosure [Abstract]    
Other investments 0 0
Level 3 | Recurring    
Assets, Fair Value Disclosure [Abstract]    
Money markets 0 0
Securities segregated (U.S. Treasury Bills) 0 0
Derivatives 0 0
Total assets measured at fair value 123 127
Derivatives 0 0
Contingent consideration liability 8,647 8,605
Total liabilities measured at fair value 8,647 8,605
Level 3 | Recurring | Equity securities    
Assets, Fair Value Disclosure [Abstract]    
Equity securities 123 127
Level 3 | Recurring | Other investments    
Assets, Fair Value Disclosure [Abstract]    
Other investments 0 0
NAV Expedient | Recurring    
Assets, Fair Value Disclosure [Abstract]    
Money markets 0 0
Securities segregated (U.S. Treasury Bills) 0 0
Derivatives 0 0
Total assets measured at fair value 36 37
Derivatives 0 0
Contingent consideration liability 0 0
Total liabilities measured at fair value 0 0
NAV Expedient | Recurring | Equity securities    
Assets, Fair Value Disclosure [Abstract]    
Equity securities 36 37
NAV Expedient | Recurring | Other investments    
Assets, Fair Value Disclosure [Abstract]    
Other investments $ 0 $ 0