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Segment Operating Results (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Segment Reporting Information [Line Items]          
Net Revenues $ 207,446 [1] $ 172,497 [1] $ 358,868 [1] $ 275,295 [1]  
Operating Expenses 159,332 138,748 285,205 236,974  
Other Expenses 10,052 [2] 12,554 [2] 20,657 [2] 29,269 [2]  
Operating Income (Loss) 38,062 21,195 53,006 9,052  
Income (Loss) from Equity Method Investments 1,015 719 1,771 3,104  
Pre-Tax Income (Loss) 39,077 21,914 54,777 12,156  
Identifiable Segment Assets 1,032,963 973,858 1,032,963 973,858 1,145,218
Investment Banking [Member]
         
Segment Reporting Information [Line Items]          
Net Revenues 182,605 [1] 153,164 [1] 314,201 [1] 236,949 [1]  
Operating Expenses 138,389 118,683 243,455 197,659  
Other Expenses 9,456 [2] 11,898 [2] 19,311 [2] 28,005 [2]  
Operating Income (Loss) 34,760 22,583 51,435 11,285  
Income (Loss) from Equity Method Investments 290 (33) 460 1,595  
Pre-Tax Income (Loss) 35,050 22,550 51,895 12,880  
Identifiable Segment Assets 562,690 486,481 562,690 486,481  
Investment Management [Member]
         
Segment Reporting Information [Line Items]          
Net Revenues 24,841 [1] 19,333 [1] 44,667 [1] 38,346 [1]  
Operating Expenses 20,943 20,065 41,750 39,315  
Other Expenses 596 [2] 656 [2] 1,346 [2] 1,264 [2]  
Operating Income (Loss) 3,302 (1,388) 1,571 (2,233)  
Income (Loss) from Equity Method Investments 725 752 1,311 1,509  
Pre-Tax Income (Loss) 4,027 (636) 2,882 (724)  
Identifiable Segment Assets $ 470,273 $ 487,377 $ 470,273 $ 487,377  
[1] Net revenues include Other Revenue, net, allocated to the segments as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2013 2012 2013 2012Investment Banking (A)$(849) $(1,262) $(636) $(1,972)Investment Management (B)(897) (703) (2,610) (1,454)Total Other Revenue, net$(1,746) $(1,965) $(3,246) $(3,426) (A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $1,095 and $2,183 for the three and six months ended June 30, 2013, respectively, and $1,075 and $2,145 for the three and six months ended June 30, 2012, respectively.(B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $924 and $1,843 for the three and six months ended June 30, 2013, respectively, and $909 and $1,813 for the three and six months ended June 30, 2012, respectively.
[2] Other Expenses are as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2013 2012 2013 2012Investment Banking Amortization of LP Units and Certain Other Awards$4,300 $4,495 $9,209 $8,711Acquisition Related Compensation Charges5,156 6,352 10,102 15,997Special Charges— 662 — 662Intangible Asset Amortization— 389 — 2,635Total Investment Banking9,456 11,898 19,311 28,005Investment Management Amortization of LP Units and Certain Other Awards514 574 1,182 1,100Intangible Asset Amortization82 82 164 164Total Investment Management596 656 1,346 1,264Total Other Expenses$10,052 $12,554 $20,657 $29,269