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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 532,887 $ 181,415
Securities borrowed 1,471,172 220,005
Receivables from broker dealers and clearing organizations 972,018 448,728
Trading assets, at fair value:    
Financial instruments owned 2,117,579 1,683,999
Financial instruments owned and pledged 595,043 143,883
Property, equipment and capitalized software (net of accumulated depreciation of $375,656 and $113,184 as of December 31, 2017 and 2016, respectively) 137,018 29,660
Goodwill 844,883 715,379
Intangibles (net of accumulated amortization of $123,408 and $110,908 as of December 31, 2017 and December 31, 2016, respectively) 111,224 992
Deferred tax asset 125,760 193,859
Assets of business held for sale 55,070  
Other assets ($98,364 and $36,480, at fair value, as of December 31, 2017 and 2016, respectively) 357,352 74,470
Total Assets 7,320,006 3,692,390
Liabilities    
Short term borrowings 27,883 25,000
Securities loaned 754,687 222,203
Securities sold under agreements to repurchase 390,642  
Payables to broker dealers and clearing organizations 716,205 695,978
Trading liabilities, at fair value:    
Financial instruments sold, not yet purchased 2,384,598 1,349,155
Tax receivable agreement obligations 147,040 231,404
Accounts payable and accrued expenses and other liabilities 358,825 69,281
Long-term borrowings 1,388,548 564,957
Total Liabilities 6,168,428 3,157,978
Stockholders' Equity    
Treasury stock, at cost, 616,923 and 453,066 shares at December 31, 2017 and 2016, respectively (11,041) (8,358)
Additional paid-in capital 900,746 155,536
Accumulated deficit (62,129) (1,254)
Accumulated other comprehensive income (loss) 2,991 (252)
Total stockholders' equity 830,569 145,673
Noncontrolling interest 321,009 388,739
Total equity 1,151,578 534,412
Total liabilities and equity 7,320,006 3,692,390
Class D    
Stockholders' Equity    
Common stock value 1 1
Class A    
Stockholders' Equity    
Common stock value $ 1