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Supplemental Guarantor Condensed Consolidated Financial Statements - Condensed Consolidating Statement of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Commissions $ 78,627 $ 79,678 $ 238,932 $ 245,935
Investment Advisory Fee Revenue 80,887 78,154 235,241 232,972
Investment banking 21,798 28,328 81,847 84,442
Sweep Interest Income from FDIC-Insured Bank Deposits 28,894 30,053 94,692 84,203
Interest 12,344 13,403 38,621 38,686
Principal transactions, net 7,606 (16) 22,089 9,110
Other 4,637 8,214 26,076 19,552
Total revenue 234,793 237,814 737,498 714,900
EXPENSES        
Compensation and related expenses 151,284 152,846 467,422 457,821
Communications and technology 20,872 18,602 61,457 55,287
Occupancy and equipment costs 16,010 15,106 46,856 45,435
Clearing and exchange fees 5,469 5,378 16,479 17,254
Interest 11,531 12,915 37,709 32,787
Other 23,131 25,813 67,636 77,024
Total expenses 228,297 230,660 697,559 685,608
Operating Income (Loss) 6,496 7,154 39,939 29,292
Income Tax Expense (Benefit) 2,547 2,083 12,421 8,661
Net Income (Loss) before equity in Earnings of Subsidiaries 3,949 5,071 27,518 20,631
Equity in earnings of subsidiaries 0 0 0 0
Net income attributable to Oppenheimer Holdings Inc. 3,949 5,071 27,518 20,631
Other comprehensive income 533 99 1,457 (880)
Comprehensive income 4,482 5,170 28,975 19,751
Eliminations        
REVENUES        
Commissions 0 0 0 0
Investment Advisory Fee Revenue (342) (336) (1,037) (981)
Investment banking 0 0 0 0
Sweep Interest Income from FDIC-Insured Bank Deposits 0 3 0 0
Interest (2,073) 0 (6,220) (6,233)
Principal transactions, net 54 (2,076) (12) (39)
Other (1) (153) 1 (342)
Total revenue (2,362) (2,562) (7,268) (7,595)
EXPENSES        
Compensation and related expenses (1) 0 (6) 0
Communications and technology 0 0 0 0
Occupancy and equipment costs 0 (153) 2 (342)
Clearing and exchange fees 54 0 0 0
Interest (2,073) (2,076) (6,220) (6,233)
Other (342) (333) (1,044) (1,020)
Total expenses (2,362) (2,562) (7,268) (7,595)
Operating Income (Loss) 0 0 0 0
Income Tax Expense (Benefit) 0 0 0 0
Net Income (Loss) before equity in Earnings of Subsidiaries 0 0 0 0
Equity in earnings of subsidiaries (14,403) (14,662) (70,401) (55,692)
Net income attributable to Oppenheimer Holdings Inc. (14,403) (14,662) (70,401) (55,692)
Other comprehensive income 0 0 0 0
Comprehensive income (14,403) (14,662) (70,401) (55,692)
Parent        
REVENUES        
Commissions 0 0 0 0
Investment Advisory Fee Revenue 0 0 0 0
Investment banking 0 0 0 0
Sweep Interest Income from FDIC-Insured Bank Deposits 0 0 0 0
Interest 59 0 234 4
Principal transactions, net 0 1 0 0
Other 3 0 3 0
Total revenue 62 1 237 4
EXPENSES        
Compensation and related expenses 273 343 1,098 1,191
Communications and technology 39 35 130 123
Occupancy and equipment costs 0 0 0 0
Clearing and exchange fees 0 0 0 0
Interest 3,038 3,375 9,788 10,125
Other 2,087 218 2,637 883
Total expenses 5,437 3,971 13,653 12,322
Operating Income (Loss) (5,375) (3,970) (13,416) (12,318)
Income Tax Expense (Benefit) (1,364) (976) (3,702) (3,081)
Net Income (Loss) before equity in Earnings of Subsidiaries (4,011) (2,994) (9,714) (9,237)
Equity in earnings of subsidiaries 7,960 8,065 37,232 29,868
Net income attributable to Oppenheimer Holdings Inc. 3,949 5,071 27,518 20,631
Other comprehensive income 0 0 0 0
Comprehensive income 3,949 5,071 27,518 20,631
Guarantor Subsidiaries        
REVENUES        
Commissions 0 0 0 0
Investment Advisory Fee Revenue 0 0 0 0
Investment banking 0 0 0 0
Sweep Interest Income from FDIC-Insured Bank Deposits 0 0 0 0
Interest 2,059 0 6,181 6,183
Principal transactions, net (34) 2,063 121 0
Other 0 154 2 345
Total revenue 2,025 2,217 6,304 6,528
EXPENSES        
Compensation and related expenses 0 0 0 0
Communications and technology 0 0 0 0
Occupancy and equipment costs 0 0 (1) 0
Clearing and exchange fees (54) 0 0 0
Interest 0 0 0 0
Other 4 270 248 1,372
Total expenses (50) 270 247 1,372
Operating Income (Loss) 2,075 1,947 6,057 5,156
Income Tax Expense (Benefit) 558 479 1,994 1,112
Net Income (Loss) before equity in Earnings of Subsidiaries 1,517 1,468 4,063 4,044
Equity in earnings of subsidiaries 6,443 6,597 33,169 25,824
Net income attributable to Oppenheimer Holdings Inc. 7,960 8,065 37,232 29,868
Other comprehensive income 0 0 0 0
Comprehensive income 7,960 8,065 37,232 29,868
Non-Guarantor Subsidiaries        
REVENUES        
Commissions 78,627 79,678 238,932 245,935
Investment Advisory Fee Revenue 81,229 78,490 236,278 233,953
Investment banking 21,798 28,328 81,847 84,442
Sweep Interest Income from FDIC-Insured Bank Deposits 28,894 (19) 94,692 84,203
Interest 12,299 30,053 38,426 38,732
Principal transactions, net 7,586 13,415 21,980 9,149
Other 4,635 8,213 26,070 19,549
Total revenue 235,068 238,158 738,225 715,963
EXPENSES        
Compensation and related expenses 151,012 152,503 466,330 456,630
Communications and technology 20,833 18,567 61,327 55,164
Occupancy and equipment costs 16,010 15,259 46,855 45,777
Clearing and exchange fees 5,469 5,378 16,479 17,254
Interest 10,566 11,616 34,141 28,895
Other 21,382 25,658 65,795 75,789
Total expenses 225,272 228,981 690,927 679,509
Operating Income (Loss) 9,796 9,177 47,298 36,454
Income Tax Expense (Benefit) 3,353 2,580 14,129 10,630
Net Income (Loss) before equity in Earnings of Subsidiaries 6,443 6,597 33,169 25,824
Equity in earnings of subsidiaries 0 0 0 0
Net income attributable to Oppenheimer Holdings Inc. 6,443 6,597 33,169 25,824
Other comprehensive income 533 99 1,457 (880)
Comprehensive income $ 6,976 $ 6,696 $ 34,626 $ 24,944