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Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned $ 1,261,216 $ 918,741
Available-for-sale securities, Fair Value 1,583,477 [1] 1,551,686
Investments 91,465 91,105
Cash equivalents measured at NAV 1,674 4,706
Derivative contracts, Assets 127,177 [2] 118,668 [3]
Total Assets 3,065,009 2,684,906
Financial instruments sold, but not yet purchased, at fair value 634,311 497,741
Derivative contracts, Liabilities 127,156 [4] 118,651 [5]
Liabilities, Fair Value Disclosure, Total 761,467 616,392
U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 10,901 32,411
Financial instruments sold, but not yet purchased, at fair value 392,431 273,653
U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 194,979 106,634
Available-for-sale securities, Fair Value 2,215 [1] 2,219
Financial instruments sold, but not yet purchased, at fair value   4,924
Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 89,007 19,604
Available-for-sale securities, Fair Value 159,028 177,853
Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 293,994 237,671
Available-for-sale securities, Fair Value 507,383 [1] 556,161
Financial instruments sold, but not yet purchased, at fair value 133,943 138,359
Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 69,216 52,520
Investments 24,464 22,406
Financial instruments sold, but not yet purchased, at fair value 29,122 21,576
State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 271,417 223,155
Available-for-sale securities, Fair Value 2,337 [1] 2,351
Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 739 783
Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 39,387 [6] 39,655 [7]
Investments in Funds and Partnerships Measured at NAV [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 26,875 28,261
Agency Mortgage-Backed Securities [Member] | Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 259,206 159,903
Available-for-sale securities, Fair Value 845,462 [1] 746,170
Financial instruments sold, but not yet purchased, at fair value 74,742 52,664
Agency Mortgage-Backed Securities [Member] | Commercial [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, Fair Value 66,830 [1] 66,671
Agency Mortgage-Backed Securities [Member] | Non-Agency [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, Fair Value 222 [1] 261
Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,261,216 918,741
Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 72,496 [8] 86,843 [9]
Financial instruments sold, but not yet purchased, at fair value 4,073 [10] 6,565 [11]
Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 12,403 10,386
Total Assets 92,143 95,165
Financial instruments sold, but not yet purchased, at fair value 421,553 295,229
Liabilities, Fair Value Disclosure, Total 421,553 295,229
Level 1 [Member] | U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 10,901 32,411
Financial instruments sold, but not yet purchased, at fair value 392,431 273,653
Level 1 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned   210
Level 1 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 68,839 52,158
Investments 12,371 10,313
Financial instruments sold, but not yet purchased, at fair value 29,122 21,576
Level 1 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 32 [6] 73 [7]
Level 1 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 79,740 84,779
Level 2 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, Fair Value 1,583,477 1,551,686
Investments 221 330
Derivative contracts, Assets 127,177 [2] 118,668 [3]
Total Assets 2,825,435 2,420,184
Financial instruments sold, but not yet purchased, at fair value 209,035 198,676
Derivative contracts, Liabilities 127,156 [4] 118,651 [5]
Liabilities, Fair Value Disclosure, Total 336,191 317,327
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 194,979 106,634
Available-for-sale securities, Fair Value 2,215 2,219
Financial instruments sold, but not yet purchased, at fair value   4,924
Level 2 [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 87,804 18,106
Available-for-sale securities, Fair Value 159,028 177,853
Level 2 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 293,994 237,461
Available-for-sale securities, Fair Value 507,383 556,161
Financial instruments sold, but not yet purchased, at fair value 133,943 138,359
Level 2 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 377 362
Investments 215 215
Level 2 [Member] | State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 271,417 223,155
Available-for-sale securities, Fair Value 2,337 2,351
Level 2 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 6 [6] 115 [7]
Level 2 [Member] | Agency Mortgage-Backed Securities [Member] | Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 259,206 159,903
Available-for-sale securities, Fair Value 845,462 746,170
Financial instruments sold, but not yet purchased, at fair value 74,742 52,664
Level 2 [Member] | Agency Mortgage-Backed Securities [Member] | Commercial [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, Fair Value 66,830 66,671
Level 2 [Member] | Agency Mortgage-Backed Securities [Member] | Non-Agency [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, Fair Value 222 261
Level 2 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,114,560 749,500
Level 2 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 6,783 [8] 3,879 [9]
Financial instruments sold, but not yet purchased, at fair value 350 [10] 2,729 [11]
Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 51,966 52,128
Total Assets 118,882 136,590
Financial instruments sold, but not yet purchased, at fair value 3,723 3,836
Liabilities, Fair Value Disclosure, Total 3,723 3,836
Level 3 [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,203 1,498
Level 3 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 11,878 11,878
Level 3 [Member] | Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 739 783
Level 3 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 39,349 [6] 39,467 [7]
Level 3 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 66,916 84,462
Level 3 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 65,713 [8] 82,964 [9]
Financial instruments sold, but not yet purchased, at fair value $ 3,723 [10] $ 3,836 [11]
[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 other assets in the consolidated statements of financial condition.
[4] Included in accounts payable and accrued expenses in the consolidated statements of financial condition.
[5] Included in accounts payable and accrued expenses in the consolidated statements of financial condition
[6] Primarily includes private company investments.
[7] Primarily includes private company investments.
[8] Includes syndicated loans, non-agency mortgage-backed securities, and sovereign debt.
[9] Includes syndicated loans, non-agency mortgage-backed securities, and sovereign debt.
[10] Includes syndicated loans and sovereign debt.
[11] Includes syndicated loans, state and municipal securities, and asset-backed securities.