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Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Segment Reporting Information [Line Items]          
Net Revenues $ 370,470 $ 350,656 $ 757,717 $ 608,369  
Operating Expenses 282,826 264,216 577,723 470,694  
Other Expenses 41,378 23,835 22,399 58,945  
Income Before Income from Equity Method Investments and Income Taxes 46,266 62,605 157,595 78,730  
Income (Loss) from Equity Method Investments 2,070 1,664 3,680 2,951  
Pre-Tax Income (Loss) 48,336 64,269 161,275 81,681  
Identifiable Segment Assets 1,451,286 1,306,650 1,451,286 1,306,650 $ 1,662,346
Investment Banking [Member]          
Segment Reporting Information [Line Items]          
Net Revenues 356,409 328,157 727,179 567,870  
Operating Expenses 269,717 246,916 551,309 439,180  
Other Expenses 33,894 23,404 14,915 58,432  
Income Before Income from Equity Method Investments and Income Taxes 52,798 57,837 160,955 70,258  
Income (Loss) from Equity Method Investments 113 290 (36) 18  
Pre-Tax Income (Loss) 52,911 58,127 160,919 70,276  
Identifiable Segment Assets 1,135,094 964,009 1,135,094 964,009  
Investment Management [Member]          
Segment Reporting Information [Line Items]          
Net Revenues 14,061 22,499 30,538 40,499  
Operating Expenses 13,109 17,300 26,414 31,514  
Other Expenses 7,484 431 7,484 513  
Income Before Income from Equity Method Investments and Income Taxes (6,532) 4,768 (3,360) 8,472  
Income (Loss) from Equity Method Investments 1,957 1,374 3,716 2,933  
Pre-Tax Income (Loss) (4,575) 6,142 356 11,405  
Identifiable Segment Assets $ 316,192 $ 342,641 $ 316,192 $ 342,641