Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating activities:
Consolidated net income	$ 46,682	$ 42,092	$ 44,584
Non-cash items included in consolidated net income:
Depreciation and amortization	4,461	7,240	8,009
Net investment losses	1,418	8,401	13,954
Restricted stock units recognized and common stock issued	56,100	54,178	53,351
Deferred taxes	(7,710)	(18,232)	(5,538)
Deferred gain on sale of certain merchant banking assets	(195)	(260)	(829)
Changes in operating assets and liabilities:
Advisory fees receivable	(30,792)	(1,170)	(23,088)
Due (from) affiliates	0	(3)	(141)
Other receivables and assets	(1,333)	(686)	1,423
Compensation payable	(7,556)	(11,112)	4,873
Accounts payable and accrued expenses	7,162	6,388	(394)
Change in Current Income Taxes Payable	(452)	7,915	3,602
Settlement of restricted stock units in cash	0	0	(2,093)
Net cash provided by operating activities	67,785	94,751	97,713
Investing activities:
Purchases of investments	(560)	(6,536)	(7,839)
Proceeds from sales of investments	36,230	57,834	55,199
Distributions from investments	1,283	3,040	2,285
Financing liability	0	(15,507)	0
Purchases of property and equipment	(1,151)	(2,833)	(2,941)
Net cash provided by investing activities	35,802	35,998	46,704
Financing activities:
Proceeds from revolving bank loan	109,150	114,870	94,620
Repayment of revolving bank loan	(107,426)	(113,845)	(133,520)
Distributions to noncontrolling interests	(311)	0	(1,035)
Dividends paid	(56,225)	(57,129)	(57,680)
Purchase of treasury stock	(55,406)	(83,165)	(65,784)
Net tax benefit (cost) from the delivery of restricted stock units and payment of dividend equivalents	8	(3,366)	3,255
Net cash used in financing activities	(110,210)	(142,635)	(160,144)
Effect of exchange rate changes on cash and cash equivalents	(1,022)	160	(450)
Net (decrease) in cash and cash equivalents	(7,645)	(11,726)	(16,177)
Cash and cash equivalents, beginning of year	50,324	62,050	78,227
Cash and cash equivalents, end of year	42,679	50,324	62,050
Supplemental disclosure of cash flow information:
Cash paid for interest	989	1,114	1,739
Cash paid for taxes, net of refunds	$ 32,521	$ 36,158	$ 20,840