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Segment Information - Reported Revenue and Profit Before Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue                      
Total revenue $ (243,254) $ (237,814) $ (242,556) $ (234,530) $ (264,973) $ (226,220) $ (215,884) $ (213,261) $ (958,154) $ (920,338) $ (857,779)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations $ 15,583 $ 7,144 $ 12,501 $ 9,625 $ 16,570 $ 11,828 $ (1,637) $ (7,025) 44,853 19,736 (21,892)
Private Client Division                      
Revenue                      
Total revenue [1]                 (617,871) (592,753) (504,192)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations [1]                 $ 149,097 $ 128,840 $ 66,072
Asset management fees                 90.00% 90.00% 77.50%
Asset Management                      
Revenue                      
Total revenue [1]                 $ (71,696) $ (89,896) $ (92,852)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations [1]                 $ 18,590 $ 26,685 $ 31,412
Asset management fees                 10.00% 10.00% 22.50%
Capital markets                      
Revenue                      
Total revenue                 $ (272,719) $ (231,632) $ (254,933)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations                 (13,416) (39,978) (17,713)
Corporate/Other                      
Revenue                      
Total revenue                 (4,132) (6,057) (5,802)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations                 $ (109,418) $ (95,811) $ (101,663)
[1] Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory fees were allocated 22.5% to the Asset Management and 77.5% to the Private Client segments. Starting January 1, 2017, the Company determined it was appropriate to change the allocation to 10.0% to the Asset Management and 90.0% to the Private Client segments due to changes in the mix of the business over time and costs associated with it.