Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Operating activities:
Consolidated net income	$ 28,165	$ 30,902
Non-cash items included in consolidated net income:
Depreciation and amortization	2,447	3,612
Net investment (gains) losses	6,566	1,612
Restricted stock units recognized and common stock issued	30,352	42,916
Deferred taxes	1,774	(2,809)
Deferred gain on sale of certain merchant banking assets	(146)	(147)
Changes in operating assets and liabilities:
Advisory fees receivable	(3,088)	(10,201)
Other receivables and assets	(1,436)	(3,578)
Compensation payable	2,277	(16,807)
Accounts payable and accrued expenses	318	3,326
Current income taxes payable	(4,362)	(3,876)
Net cash provided by operating activities	62,867	44,950
Investing activities:
Purchases of investments	(28)	(500)
Proceeds from sales of investments	0	26,582
Distributions from investments	585	1,004
Purchases of property and equipment	(1,807)	(637)
Net cash used in investing activities	(1,250)	26,449
Financing activities:
Proceeds from revolving bank loan	55,351	89,900
Repayment of revolving bank loan	(47,000)	(82,675)
Distributions to noncontrolling interests	0	(311)
Dividends paid	(42,191)	(42,175)
Purchase of treasury stock	(29,586)	(54,796)
Payments Related to Tax Withholding for Share-based Compensation	(2,612)	(269)
Net cash used in financing activities	(66,038)	(90,326)
Effect of exchange rate changes on cash and cash equivalents	(1,388)	(1,053)
Net decrease in cash and cash equivalents	(5,809)	(19,980)
Cash and cash equivalents, beginning of period	42,679	50,324
Cash and cash equivalents, end of period	36,870	30,344
Supplemental disclosure of cash flow information:
Cash paid for interest	940	761
Cash paid for taxes, net of refunds	$ 15,495	$ 27,040