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Fair Value Measurements - Securities Owned and Securities Sold, But Not Yet Purchased at Fair Value (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]    
Securities owned $ 986,992,000 $ 710,668,000
Securities Sold 234,778,000 85,050,000
OMHHF    
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]    
Securities owned 560,000 3,600,000
Corporate Debt and Other Obligations [Member]    
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]    
Securities owned 34,051,000 17,074,000
Securities Sold 19,306,000 2,536,000
Mortgage and Other Asset-Backed Securities [Member]    
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]    
Securities owned 4,562,000 5,024,000
Securities Sold 2,134,000 31,000
Municipal Bonds [Member]    
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]    
Securities owned 141,996,000 56,750,000
Convertible Bonds [Member]    
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]    
Securities owned 45,034,000 56,480,000
Securities Sold $ 16,456,000 $ 11,604,000