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Segment Operating Results (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]                      
Net Revenues $ 218,672 $ 187,328 $ 206,797 $ 152,631 $ 214,049 $ 153,029 $ 172,497 $ 102,798 $ 765,428 [1] $ 642,373 [1] $ 524,264 [1]
Operating Expenses                 598,806 523,386 427,155
Other Expenses                 36,447 [2] 53,452 [2] 61,297 [2]
Income (Loss) Before Income from Equity Method Investments and Income Taxes 43,876 31,868 38,181 16,250 42,238 14,245 21,195 (12,143) 130,175 65,535 35,812
Income from Equity Method Investments 5,993 562 1,015 756 1,333 415 719 2,385 8,326 4,852 919
Pre-Tax Income (Loss) from Continuing Operations 49,869 32,430 39,196 17,006 43,571 14,660 21,914 (9,758) 138,501 70,387 36,731
Identifiable Segment Assets 1,180,783       1,145,218       1,180,783 1,145,218 1,043,592
Investment Banking [Member]
                     
Segment Reporting Information [Line Items]                      
Net Revenues                 670,785 [1] 565,219 [1] 428,124 [1]
Operating Expenses                 516,921 444,510 337,886
Other Expenses                 33,740 [2] 50,774 [2] 55,591 [2]
Income (Loss) Before Income from Equity Method Investments and Income Taxes                 120,124 69,935 34,647
Income from Equity Method Investments                 2,906 2,258 1,101
Pre-Tax Income (Loss) from Continuing Operations                 123,030 72,193 35,748
Identifiable Segment Assets 693,890       624,977       693,890 624,977 530,008
Investment Management [Member]
                     
Segment Reporting Information [Line Items]                      
Net Revenues                 94,643 [1] 77,154 [1] 96,140 [1]
Operating Expenses                 81,885 78,876 89,269
Other Expenses                 2,707 [2] 2,678 [2] 5,706 [2]
Income (Loss) Before Income from Equity Method Investments and Income Taxes                 10,051 (4,400) 1,165
Income from Equity Method Investments                 5,420 2,594 (182)
Pre-Tax Income (Loss) from Continuing Operations                 15,471 (1,806) 983
Identifiable Segment Assets $ 486,893       $ 520,241       $ 486,893 $ 520,241 $ 513,584
[1] Net revenues include Other Revenue, net, allocated to the segments as follows: For the Years Ended December 31, 2013 2012 2011Investment Banking (A)$3,979 $(3,019) $(2,473)Investment Management (B)(1,116) (2,636) (3,021)Total Other Revenue, net$2,863 $(5,655) $(5,494) (A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $4,386, $4,312 and $4,238 for the years ended December 31, 2013, 2012 and 2011, respectively, and changes in amounts due pursuant to the Company's tax receivable agreement of $5,524 for the year ended December 31, 2013.(B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $3,702, $3,643 and $3,579 for the years ended December 31, 2013, 2012 and 2011, respectively, and changes in amounts due pursuant to the Company's tax receivable agreement of $1,381 for the year ended December 31, 2013.
[2] Other Expenses are as follows: For the Years Ended December 31, 2013 2012 2011Investment Banking Amortization of LP Units and Certain Other Awards$17,817 $18,601 $21,328Vesting of Event-based Awards— — 8,906Acquisition Related Compensation Charges15,923 28,163 14,618Special Charges— 662 3,894Intangible Asset Amortization— 3,348 6,845Total Investment Banking33,740 50,774 55,591Investment Management Amortization of LP Units and Certain Other Awards2,209 2,350 2,892Vesting of Event-based Awards— — 2,483Special Charges170 — —Intangible Asset Amortization328 328 331Total Investment Management2,707 2,678 5,706Total Other Expenses$36,447 $53,452 $61,297