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Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Segment Reporting Information [Line Items]                      
Net Revenues $ 540,031 $ 406,601 $ 370,470 $ 387,247 $ 445,369 $ 386,314 $ 350,656 $ 257,713 $ 1,704,349 $ 1,440,052 $ 1,223,273
Operating Expenses                 1,227,573 1,077,706 946,532
Other Expenses                 47,965 101,172 148,071
Income Before Income from Equity Method Investments and Income Taxes 184,146 87,070 46,266 111,329 97,359 85,085 62,605 16,125 428,811 261,174 128,670
Income from Equity Method Investments 3,331 1,827 2,070 1,610 2,512 1,178 1,664 1,287 8,838 6,641 6,050
Pre-Tax Income (Loss) 187,477 $ 88,897 $ 48,336 $ 112,939 99,871 $ 86,263 $ 64,269 $ 17,412 437,649 267,815 134,720
Identifiable Segment Assets 1,584,886       1,662,346       1,584,886 1,662,346 1,479,171
Investment Banking [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 1,634,268 1,363,859 1,130,915
Operating Expenses                 1,175,927 1,020,327 869,301
Other Expenses                 35,810 92,172 108,739
Income Before Income from Equity Method Investments and Income Taxes                 422,531 251,360 152,875
Income from Equity Method Investments                 277 1,370 978
Pre-Tax Income (Loss)                 422,808 252,730 153,853
Identifiable Segment Assets 1,294,103       1,302,351       1,294,103 1,302,351 1,097,373
Investment Management [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 70,081 76,193 92,358
Operating Expenses                 51,646 57,379 77,231
Other Expenses                 12,155 9,000 39,332
Income Before Income from Equity Method Investments and Income Taxes                 6,280 9,814 (24,205)
Income from Equity Method Investments                 8,561 5,271 5,072
Pre-Tax Income (Loss)                 14,841 15,085 (19,133)
Identifiable Segment Assets $ 290,783       $ 359,995       $ 290,783 $ 359,995 $ 381,798