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Related Party Transactions (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Related Party Transaction [Line Items]          
Investment advisory fees $ 33,948 $ 37,065 $ 98,758 $ 112,318  
Loan write-off period     7 years    
Net of Expense Reimbursement | VIEs That are Not Consolidated          
Related Party Transaction [Line Items]          
Investment advisory fees 100 300 $ 400 900  
Employees          
Related Party Transaction [Line Items]          
Loans to employees 2,200   2,200   $ 1,700
Pzena Mutual Funds          
Related Party Transaction [Line Items]          
Investment advisory fees waived 200 300 800 800  
Company's Executive Officers and Other Employees          
Related Party Transaction [Line Items]          
Investment advisory fees waived $ 200 $ 200 $ 600 $ 500