Derivatives (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Values of Derivatives Reported on Condensed Consolidated Statements of Financial Condition

The table below presents the fair value of the Company’s derivative instruments reported within “other assets” and “other liabilities” and the fair value of the Company’s derivative liabilities relating to its obligations pertaining to LFI and other similar deferred compensation arrangements reported within “accrued compensation and benefits” (see Note 13) on the accompanying condensed consolidated statements of financial condition as of March 31, 2018 and December 31, 2017:

	March 31,		December 31,
	2018		2017
Derivative Assets:
Forward foreign currency exchange rate contracts	$	6,379	$	3,314
Total return swaps and other (a)		5,228		418
	$	11,607	$	3,732
Derivative Liabilities:
Forward foreign currency exchange rate contracts	$	2,535	$	4,846
Total return swaps and other (a)		24		11,270
LFI and other similar deferred compensation arrangements		212,416		182,301
	$	214,975	$	198,417

(a) For total return swaps, amounts represent the netting of gross derivative assets and liabilities of $5,602 and $398 as of March 31, 2018, respectively, and $469 and $11,321 as of December 31, 2017, respectively, for contracts with the same counterparty under legally enforceable master netting agreements. Such amounts are recorded “net” in “other assets”, with receivables for net cash collateral under such contracts of $1,896 and $17,616 as of March 31, 2018 and December 31, 2017, respectively.

Net Gains and (Losses) With Respect To Derivative Instruments (Including Derivatives Not Designed As Hedging Instruments)

Net gains (losses) with respect to derivative instruments (predominantly reflected in “revenue-other”) and the Company’s derivative liabilities relating to its obligations pertaining to LFI and other similar deferred compensation arrangements (included in “compensation and benefits” expense) as reflected on the accompanying condensed consolidated statements of operations for the three month periods ended March 31, 2018 and 2017, were as follows:

	Three Months Ended
	March 31,
	2018			2017
Forward foreign currency exchange rate contracts	$	(2,483	)	$	1,472
LFI and other similar deferred compensation arrangements		1,436			(7,353	)
Total return swaps and other		1,656			(5,385	)
Total	$	609		$	(11,266	)