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Investments of Operating Entities and Consolidated Funds - Derivatives (Details) (USD $)
9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
contract
Mar. 10, 2014
Dec. 31, 2013
contract
Sep. 30, 2014
Futures
Dec. 31, 2013
Futures
Sep. 30, 2014
Forward Contracts
Dec. 31, 2013
Forward Contracts
Sep. 30, 2014
Cross Rate
Dec. 31, 2013
Cross Rate
Sep. 30, 2014
Equity Swaps
Dec. 31, 2013
Equity Swaps
Sep. 30, 2014
Options
Dec. 31, 2013
Options
Sep. 30, 2014
Put Option
Dec. 31, 2013
Put Option
Sep. 30, 2014
Receivables from Brokers-Dealers and Clearing Organizations
Dec. 31, 2013
Receivables from Brokers-Dealers and Clearing Organizations
Sep. 30, 2014
Other Income
Sep. 30, 2013
Other Income
Sep. 30, 2014
Other Income
Sep. 30, 2013
Other Income
Sep. 30, 2014
Merger Master
Dec. 31, 2013
Merger Master
Sep. 30, 2014
Common Stock Class A
Mar. 10, 2014
Common Stock Class A
Derivative [Line Items]                                                  
Derivative Asset, Fair Value, Gross Asset $ 35,966,000   $ 10,075,000                                            
Derivative, Fair Value, Net                                           404,000 (156,000)    
Embedded cash conversion value 28,800,000 35,700,000                                              
Call Option, Fair Value 28,800,000 35,700,000                                              
Warrants issued 15,218,000                                                
Cost of hedge transaction and warrant, net   20,500,000                                              
Class of Warrant or Right, Number of Securities Called by Warrants or Rights                                               28,048,786  
Class of Warrant, Exercise Price of Warrants or Rights                                                 7.18
Derivative Assets 35,966,000   10,075,000 177,000 285,000     291,000 22,000 1,541,000 [1] 70,000 [1] 33,957,000 [2] 9,698,000 [2]                        
Derivative Asset, Fair Value, Amount Offset Against Collateral 0 [3]   0 [3]                                            
Derivative Asset, Fair Value, Amount Not Offset Against Collateral 1,832,000 [4]   92,000 [4]                                            
Derivative asset, net of offset 34,134,000   9,983,000                                            
Derivative Liability, Fair Value, Gross Liability 31,369,000   7,674,000                                            
Derivative Asset, Number of Instruments Held 349,989   71,129                                            
Derivative liabilities 31,369,000   7,674,000 24,000 275,000 0 301,000     51,000 [5] 525,000 [5]     31,294,000 [6] 6,573,000 [6]                    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value 0   0                                            
Derivative Liability, Number of Instruments Held 20,224   38,221                                            
Derivative Asset, Notional Amount 5,600,000   21,400,000                                            
Derivative Liability, Notional Amount 5,500,000   16,500,000                                            
Realized and unrealized gains/(losses) related to derivatives trading activities                                   5,100,000 800,000 1,400,000 (3,600,000)        
Collateral posted                               14,100,000 10,000,000                
Derivative Liability, Fair Value, Amount Offset Against Collateral 0 [3]   0 [3]                                            
Derivative Liability, Fair Value, Amount Not Offset Against Collateral 51,000 [4]   826,000 [4]                                            
Derivative Liability, net of offset $ 31,318,000   $ 6,848,000                                            
Trading days for expiration 80 days                                                
[1] The notional values of equity swaps classified as receivable on derivative contracts are $5.6 million and $21.4 million as of September 30, 2014 and December 31, 2013, respectively.
[2] As of September 30, 2014 and December 31, 2013, the Company had 349,989 and 71,129 contracts held, respectively.
[3] Includes financial instruments subject to enforceable master netting provisions that are permitted to be offset to the extent an event of default has occurred.
[4] Includes the amount of collateral held or posted.
[5] The notional values of equity and credit default swaps classified as payable for derivative contracts are $5.5 million and $16.5 million as of September 30, 2014 and December 31, 2013, respectively.
[6] As of September 30, 2014 and December 31, 2013, the Company had 20,224 and 38,221 contracts held, respectively.