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Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment Reporting Information [Line Items]                      
Net Revenues $ 660,127 $ 402,198 $ 531,046 $ 415,327 $ 771,406 $ 381,259 $ 448,477 $ 463,563 $ 2,008,698 $ 2,064,705 $ 1,704,349
Operating Expenses                 1,534,122 1,492,241 1,227,573
Other Expenses                 36,865 30,387 47,965
Income Before Income from Equity Method Investments and Income Taxes 156,723 70,344 126,834 83,810 250,206 74,540 104,782 112,549 437,711 542,077 428,811
Income from Equity Method Investments 3,770 2,562 2,453 2,211 2,452 2,298 2,419 2,125 10,996 9,294 8,838
Pre-Tax Income 160,493 $ 72,906 $ 129,287 $ 86,021 252,658 $ 76,838 $ 107,201 $ 114,674 448,707 551,371 437,649
Identifiable Segment Assets 2,598,613       2,125,667       2,598,613 2,125,667 1,584,886
Investment Banking [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 1,951,795 2,012,023 1,634,268
Operating Expenses                 1,485,477 1,448,301 1,175,927
Other Expenses                 33,618 30,366 35,810
Income Before Income from Equity Method Investments and Income Taxes                 432,700 533,356 422,531
Income from Equity Method Investments                 916 518 277
Pre-Tax Income                 433,616 533,874 422,808
Identifiable Segment Assets 2,393,647       1,923,783       2,393,647 1,923,783 1,294,103
Investment Management [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 56,903 52,682 70,081
Operating Expenses                 48,645 43,940 51,646
Other Expenses                 3,247 21 12,155
Income Before Income from Equity Method Investments and Income Taxes                 5,011 8,721 6,280
Income from Equity Method Investments                 10,080 8,776 8,561
Pre-Tax Income                 15,091 17,497 14,841
Identifiable Segment Assets $ 204,966       $ 201,884       $ 204,966 $ 201,884 $ 290,783