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Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned $ 1,157,004 $ 694,028  
Available-for-sale securities 2,113,893 [1] 2,230,297  
Investments 117,804 113,862  
Cash equivalents measured at NAV 3,004 34,192  
Derivative contracts, Assets [2] 52,129    
Total Assets 3,443,834 3,072,379  
Financial instruments sold, but not yet purchased, at fair value 756,150 437,978  
Derivative contracts, Liabilities [3] 52,147    
Total Liabilities 808,297    
U.S. Government Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 10,774 46,900  
Financial instruments sold, but not yet purchased, at fair value 377,023 91,974  
U.S. Government Agency Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 143,793 56,450  
Available-for-sale securities 1,808 [1] 4,361  
Financial instruments sold, but not yet purchased, at fair value 37,395    
Asset-Backed Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 132,087 3,394  
Available-for-sale securities 291,054 [1] 698,133  
Corporate Fixed Income Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 255,999 194,575  
Available-for-sale securities 791,893 [1] 631,758  
Financial instruments sold, but not yet purchased, at fair value 153,852 162,626  
Corporate Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 75,056 67,593  
Investments 21,308 29,496  
Financial instruments sold, but not yet purchased, at fair value 28,482 30,848  
State And Municipal Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 162,335 96,150 [4]  
Available-for-sale securities 2,399 [1] 2,453  
Auction Rate Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 13,032 12,933  
Other Investment [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 60,406 59,048  
Investments in Funds and Partnerships Measured at NAV [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 23,058 12,385  
Mortgage-Backed Securities [Member] | Agency Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 335,050 216,434  
Available-for-sale securities 952,186 [1] 793,410  
Financial instruments sold, but not yet purchased, at fair value 156,628 141,227  
Mortgage-Backed Securities [Member] | Commercial [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Available-for-sale securities 73,985 [1] 95,613  
Mortgage-Backed Securities [Member] | Non-Agency [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Available-for-sale securities 568 [1] 4,569  
Sovereign Debt [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments sold, but not yet purchased, at fair value 2,770    
Other [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 41,910 [5] 12,532  
Financial instruments sold, but not yet purchased, at fair value [6]   11,303  
Level 1 [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 84,450 114,353  
Investments 24,110 39,838  
Total Assets 108,560 154,191  
Financial instruments sold, but not yet purchased, at fair value 405,505   $ 126,916
Total Liabilities 405,505    
Level 1 [Member] | U.S. Government Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 10,774 46,900  
Financial instruments sold, but not yet purchased, at fair value 377,023   91,974
Level 1 [Member] | Corporate Fixed Income Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 183 4,474  
Financial instruments sold, but not yet purchased, at fair value     4,094
Level 1 [Member] | Corporate Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 73,493 62,979  
Investments 13,893 29,496  
Financial instruments sold, but not yet purchased, at fair value 28,482   $ 30,848
Level 1 [Member] | Other Investment [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 10,217 10,342  
Level 2 [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 980,766 568,391  
Available-for-sale securities 2,113,893 2,230,297  
Investments 16,013 6,593  
Derivative contracts, Assets [2] 52,129    
Total Assets 3,162,801 2,805,281  
Financial instruments sold, but not yet purchased, at fair value 350,645 311,062  
Derivative contracts, Liabilities [3] 52,147    
Total Liabilities 402,792    
Level 2 [Member] | U.S. Government Agency Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 143,793 56,450  
Available-for-sale securities 1,808 4,361  
Financial instruments sold, but not yet purchased, at fair value 37,395    
Level 2 [Member] | Asset-Backed Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 67,381 3,385  
Available-for-sale securities 291,054 698,133  
Level 2 [Member] | Corporate Fixed Income Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 255,816 190,101  
Available-for-sale securities 791,893 631,758  
Financial instruments sold, but not yet purchased, at fair value 153,852 158,532  
Level 2 [Member] | Corporate Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 1,338 4,614  
Investments 1,661    
Level 2 [Member] | State And Municipal Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 162,335 96,150 [4]  
Available-for-sale securities 2,399 2,453  
Level 2 [Member] | Other Investment [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 14,352 6,593  
Level 2 [Member] | Mortgage-Backed Securities [Member] | Agency Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 335,050 216,434  
Available-for-sale securities 952,186 793,410  
Financial instruments sold, but not yet purchased, at fair value 156,628 141,227  
Level 2 [Member] | Mortgage-Backed Securities [Member] | Commercial [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Available-for-sale securities 73,985 95,613  
Level 2 [Member] | Mortgage-Backed Securities [Member] | Non-Agency [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Available-for-sale securities 568 4,569  
Level 2 [Member] | Sovereign Debt [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments sold, but not yet purchased, at fair value 2,770    
Level 2 [Member] | Other [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 15,053 [5] 1,257  
Financial instruments sold, but not yet purchased, at fair value [6]   11,303  
Level 3 [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 91,788 11,284  
Investments 54,623 55,046  
Total Assets 146,411 66,330  
Level 3 [Member] | Asset-Backed Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 64,706 9  
Level 3 [Member] | Corporate Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned 225    
Investments 5,754    
Level 3 [Member] | Auction Rate Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 13,032 12,933  
Level 3 [Member] | Other Investment [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investments 35,837 42,113  
Level 3 [Member] | Other [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Financial instruments owned $ 26,857 [5] $ 11,275  
[1] Due to the immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.
[2] Included in other assets in the consolidated statements of financial condition.
[3] Included in accounts payable and accrued expenses in the consolidated statements of financial condition.
[4] Includes loans, sovereign debt, and non-agency mortgage-backed securities.
[5] Includes loans, non-agency mortgage-backed securities, and sovereign debt.
[6] Includes sovereign debt and state and municipal securities.