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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 557,990 $ 181,415
Cash and securities segregated under federal and other regulations 3,000  
Securities borrowed 1,525,403 220,005
Securities purchased under agreements to resell 8,249  
Receivables from broker dealers and clearing organizations 980,518 448,728
Trading assets, at fair value:    
Financial instruments owned 2,203,248 1,683,999
Financial instruments owned and pledged 699,152 143,883
Property, equipment and capitalized software (net of accumulated depreciation of $118,671 and $113,184 as of September 30, 2017 and December 31, 2016, respectively) 144,686 29,660
Goodwill 859,598 715,379
Intangibles (net of accumulated amortization) 152,748 992
Deferred tax asset 224,804 193,859
Other assets (98,837 and $36,480, at fair value, as of September 30, 2017 and December 31, 2016, respectively) 379,949 74,470
Total assets 7,739,345 3,692,390
Liabilities    
Short term borrowings 15,000 25,000
Securities loaned 582,915 222,203
Securities sold under agreements to repurchase 620,887  
Payables to broker dealers and clearing organizations 839,067 695,978
Payables to customers 25,550  
Trading liabilities, at fair value:    
Financial instruments sold, not yet purchased 2,535,891 1,349,155
Tax receivable agreement obligations 232,552 231,404
Accounts payable and accrued expenses and other liabilities 287,327 69,281
Long-term borrowings 1,434,629 564,957
Total liabilities 6,573,818 3,157,978
Stockholders' Equity    
Treasury stock, at cost, 461,392 and 453,066 shares at September 30, 2017 and December 31, 2016, respectively (8,505) (8,358)
Additional paid-in capital 900,586 155,536
Accumulated deficit (51,304) (1,254)
Accumulated other comprehensive income (loss) 2,596 (252)
Total stockholders' equity 843,375 145,673
Noncontrolling interest 322,152 388,739
Total equity 1,165,527 534,412
Total liabilities and equity 7,739,345 3,692,390
Class D    
Stockholders' Equity    
Common stock value 1 $ 1
Class A    
Stockholders' Equity    
Common stock value $ 1