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Segment Information - Summary of Financial Information of Company's Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues, net of interest expense:                      
Investment banking                 $ 71,091 $ 115,255 $ 196,213
Institutional brokerage                 45,442 56,182 53,738
Net investment income                 5,433 17,774 6,920
Interest                 31,774 13,067 1,790
Dividends and other                 1,692 1,030 1,160
Total revenues                 155,432 203,308 259,821
Interest expense                 35,037 21,183 0
Revenues, net of interest expense $ 23,464 $ 25,580 $ 44,256 $ 27,095 $ 28,572 $ 42,097 $ 57,098 $ 54,358 120,395 182,125 259,821
Operating expenses:                      
Variable                 35,688 59,816 104,934
Fixed                 100,465 104,949 97,617
Total non-interest expenses                 136,153 164,765 202,551
(Loss) income from continuing operations before income taxes                 (15,758) 17,360 57,270
Compensation and benefits:                      
Variable                 18,889 42,713 90,746
Fixed                 58,574 61,098 53,974
Total                 77,463 103,811 144,720
Total assets 933,416       1,035,097       933,416 1,035,097 410,572
Capital Markets [Member]                      
Revenues, net of interest expense:                      
Investment banking                 71,091 115,255 196,213
Institutional brokerage                 45,442 56,182 53,738
Net investment income                 0 0 0
Interest                 31,745 12,945 1,050
Dividends and other                 1,103 549 432
Total revenues                 149,381 184,931 251,433
Interest expense                 23,877 9,505 0
Revenues, net of interest expense                 125,504 175,426 251,433
Operating expenses:                      
Variable                 35,651 59,500 103,755
Fixed                 98,331 102,426 96,121
Total non-interest expenses                 133,982 161,926 199,876
(Loss) income from continuing operations before income taxes                 (8,478) 13,500 51,557
Compensation and benefits:                      
Variable                 18,889 42,408 89,574
Fixed                 57,165 59,639 53,013
Total                 76,054 102,047 142,587
Total assets 834,205       830,938       834,205 830,938 308,870
Principal Investing [Member]                      
Revenues, net of interest expense:                      
Investment banking                 0 0 0
Institutional brokerage                 0 0 0
Net investment income                 5,433 17,774 6,920
Interest                 29 122 740
Dividends and other                 589 481 728
Total revenues                 6,051 18,377 8,388
Interest expense                 11,160 11,678 0
Revenues, net of interest expense                 (5,109) 6,699 8,388
Operating expenses:                      
Variable                 37 316 1,179
Fixed                 2,134 2,523 1,496
Total non-interest expenses                 2,171 2,839 2,675
(Loss) income from continuing operations before income taxes                 (7,280) 3,860 5,713
Compensation and benefits:                      
Variable                 0 305 1,172
Fixed                 1,409 1,459 961
Total                 1,409 1,764 2,133
Total assets $ 99,211       $ 204,159       $ 99,211 $ 204,159 $ 101,702