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Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned $ 1,351,298 $ 918,741
Available-for-sale securities, Fair Value 1,618,289 [1] 1,551,686
Investments 93,050 91,105
Cash equivalents measured at NAV 1,768 4,706
Derivative contracts, Assets 95,327 [2] 118,668 [3]
Total Assets 3,159,732 2,684,906
Financial instruments sold, but not yet purchased, at fair value 768,909 497,741
Derivative contracts, Liabilities 95,314 [4] 118,651 [5]
Liabilities, Fair Value Disclosure, Total 864,223 616,392
U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 19,662 32,411
Financial instruments sold, but not yet purchased, at fair value 441,703 273,653
U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 198,038 106,634
Available-for-sale securities, Fair Value 2,298 [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 96,290 19,604
Available-for-sale securities, Fair Value 133,325 177,853
Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 302,247 237,671
Available-for-sale securities, Fair Value 486,817 [1] 556,161
Financial instruments sold, but not yet purchased, at fair value 186,964 138,359
Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 58,526 52,520
Investments 25,887 22,406
Financial instruments sold, but not yet purchased, at fair value 24,221 21,576
State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 244,491 223,155
Available-for-sale securities, Fair Value 2,351 [1] 2,351
Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 738 783
Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 39,382 [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 27,043 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 369,513 159,903
Available-for-sale securities, Fair Value 925,385 [1] 746,170
Financial instruments sold, but not yet purchased, at fair value 114,969 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 67,898 [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 215 [1] 261
Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,351,298 918,741
Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 62,531 [8] 86,843 [9]
Financial instruments sold, but not yet purchased, at fair value 1,052 [10] 6,565 [11]
Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 13,830 10,386
Total Assets 90,097 95,165
Financial instruments sold, but not yet purchased, at fair value 465,924 295,229
Liabilities, Fair Value Disclosure, Total 465,924 295,229
Level 1 [Member] | U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 19,662 32,411
Financial instruments sold, but not yet purchased, at fair value 441,703 273,653
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 56,605 52,158
Investments 13,795 10,313
Financial instruments sold, but not yet purchased, at fair value 24,221 21,576
Level 1 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 35 [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 76,267 84,779
Level 2 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities, Fair Value 1,618,289 1,551,686
Investments 214 330
Derivative contracts, Assets 95,327 [2] 118,668 [3]
Total Assets 2,929,201 2,420,184
Financial instruments sold, but not yet purchased, at fair value 302,267 198,676
Derivative contracts, Liabilities 95,314 [4] 118,651 [5]
Liabilities, Fair Value Disclosure, Total 397,581 317,327
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 198,038 106,634
Available-for-sale securities, Fair Value 2,298 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 95,155 18,106
Available-for-sale securities, Fair Value 133,325 177,853
Level 2 [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 302,247 237,461
Available-for-sale securities, Fair Value 486,817 556,161
Financial instruments sold, but not yet purchased, at fair value 186,964 138,359
Level 2 [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,921 362
Investments 214 215
Level 2 [Member] | State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 244,491 223,155
Available-for-sale securities, Fair Value 2,351 2,351
Level 2 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments [7]   115
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 369,513 159,903
Available-for-sale securities, Fair Value 925,385 746,170
Financial instruments sold, but not yet purchased, at fair value 114,969 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 67,898 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 215 261
Level 2 [Member] | Sovereign Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,215,371 749,500
Level 2 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 4,006 [8] 3,879 [9]
Financial instruments sold, but not yet purchased, at fair value 334 [10] 2,729 [11]
Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 51,963 52,128
Total Assets 111,623 136,590
Financial instruments sold, but not yet purchased, at fair value 718 3,836
Liabilities, Fair Value Disclosure, Total 718 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 1,135 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 738 783
Level 3 [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 39,347 [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 59,660 84,462
Level 3 [Member] | Other [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 58,525 [8] 82,964 [9]
Financial instruments sold, but not yet purchased, at fair value $ 718 [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, U.S. government agency securities, and sovereign debt.
[11] Includes syndicated loans, state and municipal securities, and asset-backed securities.