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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, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned $ 1,343,513 $ 1,169,008
Available-for-sale securities 1,546,392 1,584,598
Financial instruments sold, but not yet purchased, at fair value 819,555 646,271
U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 2,338  
Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 434,137  
State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 2,350  
Agency Mortgage-Backed Securities [Member] | Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 948,159 921,563
Agency Mortgage-Backed Securities [Member] | Commercial [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 41,656 67,956
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 168 199
Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 1,546,392 1,584,598
Investments 78,572 75,358
Derivative contracts, Assets 82,341 [1] 110,814 [2]
Cash equivalents measured at NAV 5,061 1,932
Total Assets 3,055,879 2,941,710
Financial instruments sold, but not yet purchased, at fair value 819,555 646,271
Derivative contracts, Liabilities 82,353 [3] 110,825 [4]
Total Liabilities 901,908 757,096
Fair Value, Recurring [Member] | U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 122,226 149,479
Available-for-sale securities 2,338 2,266
Fair Value, Recurring [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 113,938 113,033
Available-for-sale securities 117,584 126,273
Fair Value, Recurring [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 285,451 274,207
Available-for-sale securities 434,137 463,992
Financial instruments sold, but not yet purchased, at fair value 137,127 174,425
Fair Value, Recurring [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 59,147 50,787
Investments 31,953 30,227
Financial instruments sold, but not yet purchased, at fair value 31,361 34,437
Fair Value, Recurring [Member] | State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 213,226 229,342
Available-for-sale securities 2,350 2,349
Fair Value, Recurring [Member] | Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 554 558
Fair Value, Recurring [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 13,641 [5] 14,378 [6]
Fair Value, Recurring [Member] | Investments in Funds and Partnerships Measured at NAV [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 32,424 30,195
Fair Value, Recurring [Member] | Assets At Fair Value On Recurring Basis Before Cash Equivalents Measured at NAV [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total Assets 3,050,818 2,939,778
Fair Value, Recurring [Member] | U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 24,466 20,045
Financial instruments sold, but not yet purchased, at fair value 477,514 370,373
Fair Value, Recurring [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 476,953 262,629
Available-for-sale securities 948,159 921,563
Financial instruments sold, but not yet purchased, at fair value 171,839 65,946
Fair Value, Recurring [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 41,656 67,956
Fair Value, Recurring [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 168 199
Sovereign Debt [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,343,513 1,169,008
Other [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 48,106 [7] 69,486 [8]
Financial instruments sold, but not yet purchased, at fair value 1,714 [9] 1,090 [10]
Level 1 [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 14,879 14,691
Derivative contracts, Assets [1] 0  
Total Assets 98,505 85,715
Financial instruments sold, but not yet purchased, at fair value 508,875 404,810
Total Liabilities 508,875 404,810
Level 1 [Member] | Fair Value, Recurring [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 33 507
Level 1 [Member] | Fair Value, Recurring [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 59,127 50,472
Investments 14,878 14,661
Financial instruments sold, but not yet purchased, at fair value 31,361 34,437
Level 1 [Member] | Fair Value, Recurring [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 1 [5] 30 [6]
Level 1 [Member] | Fair Value, Recurring [Member] | U.S. Government Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 24,466 20,045
Financial instruments sold, but not yet purchased, at fair value 477,514 370,373
Level 1 [Member] | Sovereign Debt [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 83,626 71,024
Level 2 [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 1,546,392 1,584,598
Investments 1 1
Derivative contracts, Assets 82,341 [1] 110,814 [2]
Total Assets 2,847,777 2,733,896
Financial instruments sold, but not yet purchased, at fair value 309,439 240,371
Derivative contracts, Liabilities 82,353 [3] 110,825 [4]
Total Liabilities 391,792 351,196
Level 2 [Member] | Fair Value, Recurring [Member] | U.S. Government Agency Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 122,226 149,479
Available-for-sale securities 2,338 2,266
Level 2 [Member] | Fair Value, Recurring [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 112,904 111,999
Available-for-sale securities 117,584 126,273
Level 2 [Member] | Fair Value, Recurring [Member] | Corporate Fixed Income Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 285,418 273,700
Available-for-sale securities 434,137 463,992
Financial instruments sold, but not yet purchased, at fair value 137,127 174,425
Level 2 [Member] | Fair Value, Recurring [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 20 315
Investments 1 1
Level 2 [Member] | Fair Value, Recurring [Member] | State and Municipal Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 213,226 229,342
Available-for-sale securities 2,350 2,349
Level 2 [Member] | Fair Value, Recurring [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 476,953 262,629
Available-for-sale securities 948,159 921,563
Financial instruments sold, but not yet purchased, at fair value 171,839 65,946
Level 2 [Member] | Fair Value, Recurring [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 41,656 67,956
Level 2 [Member] | Fair Value, Recurring [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 168 199
Level 2 [Member] | Sovereign Debt [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,219,043 1,038,483
Level 2 [Member] | Other [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 8,296 [7] 11,019 [8]
Financial instruments sold, but not yet purchased, at fair value [9] 473  
Level 3 [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 31,268 30,471
Total Assets 72,112 89,972
Financial instruments sold, but not yet purchased, at fair value 1,241 1,090
Total Liabilities 1,241 1,090
Level 3 [Member] | Fair Value, Recurring [Member] | Asset-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 1,034 1,034
Level 3 [Member] | Fair Value, Recurring [Member] | Corporate Equity Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 17,074 15,565
Level 3 [Member] | Fair Value, Recurring [Member] | Auction Rate Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 554 558
Level 3 [Member] | Fair Value, Recurring [Member] | Other Investment [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments 13,640 [5] 14,348 [6]
Level 3 [Member] | Sovereign Debt [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 40,844 59,501
Level 3 [Member] | Other [Member] | Fair Value, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial instruments owned 39,810 [7] 58,467 [8]
Financial instruments sold, but not yet purchased, at fair value $ 1,241 [9] $ 1,090 [10]
[1] Included in other assets in the consolidated statements of financial condition.
[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] Included in accounts payable and accrued expenses in the consolidated statements of financial condition
[5] Primarily includes private company investments.
[6] Primarily includes private company investments.
[7] Includes syndicated loans, non-agency mortgage-backed securities, and sovereign debt.
[8] Includes syndicated loans, non-agency mortgage-backed securities, and sovereign debt.
[9] Includes syndicated loans and sovereign debt.
[10] Includes syndicated loans.