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Related Party Transactions (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Related Party Transaction [Line Items]          
Investment advisory fees $ 37,065 $ 39,580 $ 112,318 $ 117,180  
Loan write-off period     7 years    
VIEs That are Not Consolidated          
Related Party Transaction [Line Items]          
Investment advisory fees 300 300 $ 900 800  
Employees          
Related Party Transaction [Line Items]          
Loans to employees 1,600   1,600   $ 1,300
Pzena Mutual Funds          
Related Party Transaction [Line Items]          
Investment advisory fees waived 300 200 800 800  
Company's Executive Officers and Other Employees          
Related Party Transaction [Line Items]          
Investment advisory fees waived $ 200 $ 200 $ 500 $ 500