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Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment Reporting Information [Line Items]                      
Net Revenues $ 927,308 $ 402,515 $ 507,075 $ 427,007 $ 660,127 $ 402,198 $ 531,046 $ 415,327 $ 2,263,905 $ 2,008,698 $ 2,064,705
Operating Expenses                 1,688,015 1,534,122 1,492,241
Other Expenses                 49,457 36,865 30,387
Income Before Income from Equity Method Investments and Income Taxes 326,715 63,686 86,729 49,303 156,723 70,344 126,834 83,810 526,433 437,711 542,077
Income from Equity Method Investments 5,846 3,111 2,313 3,128 3,770 2,562 2,453 2,211 14,398 10,996 9,294
Pre-Tax Income 332,561 $ 66,797 $ 89,042 $ 52,431 160,493 $ 72,906 $ 129,287 $ 86,021 540,831 448,707 551,371
Identifiable Segment Assets 3,370,888       2,598,613       3,370,888 2,598,613 2,125,667
Investment Banking [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 2,217,386 1,951,795 2,012,023
Operating Expenses                 1,637,542 1,485,477 1,448,301
Other Expenses                 49,112 33,618 30,366
Income Before Income from Equity Method Investments and Income Taxes                 530,732 432,700 533,356
Income from Equity Method Investments                 1,546 916 518
Pre-Tax Income                 532,278 433,616 533,874
Identifiable Segment Assets 3,186,864       2,393,647       3,186,864 2,393,647 1,923,783
Investment Management [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 46,519 56,903 52,682
Operating Expenses                 50,473 48,645 43,940
Other Expenses                 345 3,247 21
Income Before Income from Equity Method Investments and Income Taxes                 (4,299) 5,011 8,721
Income from Equity Method Investments                 12,852 10,080 8,776
Pre-Tax Income                 8,553 15,091 17,497
Identifiable Segment Assets $ 184,024       $ 204,966       $ 184,024 $ 204,966 $ 201,884