XML 86 R73.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Segment Reporting Information [Line Items]          
Net Revenues $ 687,865 $ 507,075 $ 1,350,175 $ 934,082  
Operating Expenses 480,852 411,183 948,947 763,629  
Other Expenses 0 9,163 7 34,421  
Income Before Income from Equity Method Investments and Income Taxes 207,013 86,729 401,221 136,032  
Income from Equity Method Investments 3,394 2,313 6,418 5,441  
Pre-Tax Income 210,407 89,042 407,639 141,473  
Identifiable Segment Assets 2,947,448 2,499,589 2,947,448 2,499,589 $ 3,370,888
Investment Banking [Member]          
Segment Reporting Information [Line Items]          
Net Revenues 670,820 495,374 1,318,105 909,030  
Operating Expenses 468,160 399,476 924,686 739,271  
Other Expenses 0 9,163 7 34,389  
Income Before Income from Equity Method Investments and Income Taxes 202,660 86,735 393,412 135,370  
Income from Equity Method Investments 549 65 718 601  
Pre-Tax Income 203,209 86,800 394,130 135,971  
Identifiable Segment Assets 2,775,859 2,358,662 2,775,859 2,358,662  
Investment Management [Member]          
Segment Reporting Information [Line Items]          
Net Revenues 17,045 11,701 32,070 25,052  
Operating Expenses 12,692 11,707 24,261 24,358  
Other Expenses 0 0 0 32  
Income Before Income from Equity Method Investments and Income Taxes 4,353 (6) 7,809 662  
Income from Equity Method Investments 2,845 2,248 5,700 4,840  
Pre-Tax Income 7,198 2,242 13,509 5,502  
Identifiable Segment Assets $ 171,589 $ 140,927 $ 171,589 $ 140,927