XML 22 R42.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash equivalents $ 566 $ 31,175
Deposits with clearing organizations 28,190 24,188
Securities owned:    
Securities Owned 1,005,150 843,155
Investments 8,405  
Loans held for sale 76,351 19,243
Securities purchased under agreements to resell 104,301 250,000
Derivative contracts:    
Derivative contracts, total 7,646 12,111
Total 1,286,128 1,240,626
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 220,667 92,510
Derivative contracts:    
Derivative contracts 2,614 3,505
Total 223,281 96,015
Future [Member]    
Derivative contracts:    
Derivative contracts 698 353
Foreign Exchange Forward [Member]    
Derivative contracts:    
Derivative contracts 28 10
To Be Announced Security [Member]    
Derivative contracts:    
Derivative contracts, total 2,586 4,535
Derivative contracts:    
TBAs 171 1,018
Interest Rate Lock Commitments [Member]    
Derivative contracts:    
Derivative contracts, total 5,060 7,576
Derivative contracts:    
Derivative contracts 683 1,222
Auction Rate Securities Purchase Commitment [Member]    
Derivative contracts:    
Derivative contracts 1,034 902
Corporate Equities [Member]    
Securities owned:    
Securities Owned 46,933 42,751
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 46,785 47,574
Money Markets [Member]    
Securities owned:    
Securities Owned 742 1,245
Auction Rate Securities [Member]    
Securities owned:    
Securities Owned 100,384 91,422
Investments Included in Other Assets [Member]    
Securities owned:    
Investments 63,924 60,754
U.S. Treasury Securities [Member]    
Securities owned:    
Securities Owned 677,766 540,223
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 159,576 30,581
U.S. Agency Securities [Member]    
Securities owned:    
Securities Owned 22,647 26,261
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 18 34
Sovereign Obligations [Member]    
Securities owned:    
Securities Owned 596 4,123
Corporate Debt and Other Obligations [Member]    
Securities owned:    
Securities Owned 23,623 19,795
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 6,045 2,646
Mortgage and Other Asset-Backed Securities [Member]    
Securities owned:    
Securities Owned 4,718 6,689
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value   255
Municipal Obligations [Member]    
Securities owned:    
Securities Owned 66,030 60,833
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 49 51
Convertible Bonds [Member]    
Securities owned:    
Securities Owned 61,711 49,813
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 8,194 11,369
Level 1 [Member]    
ASSETS    
Cash equivalents 566 31,175
Deposits with clearing organizations 28,190 24,188
Securities owned:    
Securities Owned 726,192 584,219
Derivative contracts:    
Total 754,948 639,582
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 206,361 78,155
Derivative contracts:    
Derivative contracts 726 363
Total 207,087 78,518
Level 1 [Member] | Future [Member]    
Derivative contracts:    
Derivative contracts 698 353
Level 1 [Member] | Foreign Exchange Forward [Member]    
Derivative contracts:    
Derivative contracts 28 10
Level 1 [Member] | Corporate Equities [Member]    
Securities owned:    
Securities Owned 46,933 42,751
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 46,785 47,574
Level 1 [Member] | Money Markets [Member]    
Securities owned:    
Securities Owned 742 1,245
Level 1 [Member] | Investments Included in Other Assets [Member]    
Securities owned:    
Investments 0 0
Level 1 [Member] | U.S. Treasury Securities [Member]    
Securities owned:    
Securities Owned 677,766 540,223
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 159,576 30,581
Level 1 [Member] | U.S. Agency Securities [Member]    
Securities owned:    
Securities Owned 751  
Level 2 [Member]    
Securities owned:    
Securities Owned 178,512 167,350
Loans held for sale 76,351 19,243
Securities purchased under agreements to resell 104,301 250,000
Derivative contracts:    
Derivative contracts, total 2,586 4,535
Total 416,560 492,374
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 14,306 14,355
Derivative contracts:    
Derivative contracts 171 1,018
Total 14,477 15,373
Level 2 [Member] | To Be Announced Security [Member]    
Derivative contracts:    
Derivative contracts, total 2,586 4,535
Derivative contracts:    
TBAs 171 1,018
Level 2 [Member] | Investments Included in Other Assets [Member]    
Securities owned:    
Investments 54,810 51,246
Level 2 [Member] | U.S. Agency Securities [Member]    
Securities owned:    
Securities Owned 21,896 26,261
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 18 34
Level 2 [Member] | Sovereign Obligations [Member]    
Securities owned:    
Securities Owned 596 4,123
Level 2 [Member] | Corporate Debt and Other Obligations [Member]    
Securities owned:    
Securities Owned 23,623 19,795
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 6,045 2,646
Level 2 [Member] | Mortgage and Other Asset-Backed Securities [Member]    
Securities owned:    
Securities Owned 4,718 6,689
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value   255
Level 2 [Member] | Municipal Obligations [Member]    
Securities owned:    
Securities Owned 65,968 60,669
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 49 51
Level 2 [Member] | Convertible Bonds [Member]    
Securities owned:    
Securities Owned 61,711 49,813
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]    
Securities sold, but not yet purchased, at fair value 8,194 11,369
Level 3 [Member]    
Securities owned:    
Securities Owned 100,446 91,586
Derivative contracts:    
Derivative contracts, total 5,060 7,576
Total 114,620 108,670
Derivative contracts:    
Derivative contracts 1,717 2,124
Total 1,717 2,124
Level 3 [Member] | Interest Rate Lock Commitments [Member]    
Derivative contracts:    
Derivative contracts, total 5,060 7,576
Derivative contracts:    
Derivative contracts 683 1,222
Level 3 [Member] | Auction Rate Securities [Member]    
Securities owned:    
Securities Owned 100,384 91,422
Level 3 [Member] | Auction Rate Securities Purchase Commitment [Member]    
Derivative contracts:    
Derivative contracts 1,034 902
Level 3 [Member] | Investments Included in Other Assets [Member]    
Securities owned:    
Investments 9,114 9,508
Level 3 [Member] | Municipal Obligations [Member]    
Securities owned:    
Securities Owned $ 62 $ 164