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Supplemental Guarantor Consolidated Financial Statements (Tables)
 9 Months Ended
Sep. 30, 2020
Condensed Financial Information Disclosure [Abstract]  
Condensed Income Statement
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING INCOME STATEMENT
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2020
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
REVENUES
Commissions$— $— $92,241 $— $92,241 
Advisory fees— — 88,963 (368)88,595 
Investment banking— — 68,120 (1,875)66,245 
Bank deposit sweep income— — 4,619 — 4,619 
Interest— 2,058 7,594 (2,112)7,540 
Principal transactions, net— 8 7,695 — 7,703 
Other— — 9,315 1 9,316 
Total revenue— 2,066 278,547 (4,354)276,259 
EXPENSES
Compensation and related expenses259 — 189,395 — 189,654 
Communications and technology61 — 19,413 — 19,474 
Occupancy and equipment costs— — 15,199 — 15,199 
Clearing and exchange fees— — 6,211 — 6,211 
Interest2,596 — 2,977 (2,112)3,461 
Other4,906 3 17,875 (2,242)20,542 
Total expenses7,822 3 251,070 (4,354)254,541 
Pre-tax income (loss)(7,822)2,063 27,477 — 21,718 
Income taxes(2,010)528 7,561 — 6,079 
Net income (loss)(5,812)1,535 19,916 — 15,639 
Equity in earnings of subsidiaries21,451 19,916 — (41,367)— 
Net income15,639 21,451 19,916 (41,367)15,639 
Other comprehensive income— — 244 — 244 
Total comprehensive income$15,639 $21,451 $20,160 $(41,367)$15,883 
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING INCOME STATEMENT
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2019
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
REVENUES
Commissions$— $— $78,627 $— $78,627 
Advisory fees— — 81,229 (342)80,887 
Investment banking— — 21,798 — 21,798 
Bank deposit sweep income— — 28,894 — 28,894 
Interest59 2,059 12,299 (2,073)12,344 
Principal transactions, net— (34)7,586 54 7,606 
Other3 — 4,635 (1)4,637 
Total revenue62 2,025 235,068 (2,362)234,793 
EXPENSES
Compensation and related expenses273 — 151,012 (1)151,284 
Communications and technology39 — 20,833 — 20,872 
Occupancy and equipment costs— — 16,010 — 16,010 
Clearing and exchange fees— (54)5,469 54 5,469 
Interest3,038 — 10,566 (2,073)11,531 
Other2,087 4 21,382 (342)23,131 
Total expenses5,437 (50)225,272 (2,362)228,297 
Pre-tax income (loss)(5,375)2,075 9,796 — 6,496 
Income taxes(1,364)558 3,353 — 2,547 
Net income (loss)(4,011)1,517 6,443 — 3,949 
Equity in earnings of subsidiaries7,960 6,443 — (14,403)— 
Net income 3,949 7,960 6,443 (14,403)3,949 
Other comprehensive income— — 533 — 533 
Total comprehensive income$3,949 $7,960 $6,976 $(14,403)$4,482 
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING INCOME STATEMENT
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2020
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
REVENUES
Commissions$— $— $297,126 $— $297,126 
Advisory fees— — 251,811 (1,071)250,740 
Investment banking— — 140,034 (1,875)138,159 
Bank deposit sweep income— — 30,567 — 30,567 
Interest2 6,174 24,732 (6,258)24,650 
Principal transactions, net— 57 18,842 — 18,899 
Other95 — 15,526 (3)15,618 
Total revenue97 6,231 778,638 (9,207)775,759 
EXPENSES
Compensation and related expenses879 — 526,045 — 526,924 
Communications and technology144 — 60,545 — 60,689 
Occupancy and equipment costs— — 46,611 — 46,611 
Clearing and exchange fees— — 18,061 — 18,061 
Interest7,632 — 11,527 (6,258)12,901 
Other5,358 8 52,951 (2,949)55,368 
Total expenses14,013 8 715,740 (9,207)720,554 
Pre-tax income (loss) (13,916)6,223 62,898 — 55,205 
Income taxes(3,576)1,623 16,052 — 14,099 
Net income (loss)(10,340)4,600 46,846 — 41,106 
Equity in earnings of subsidiaries51,446 46,846 — (98,292)— 
Net income 41,106 51,446 46,846 (98,292)41,106 
Other comprehensive income— — 187 — 187 
Total comprehensive income$41,106 $51,446 $47,033 $(98,292)$41,293 
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING INCOME STATEMENT
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
REVENUES
Commissions$— $— $238,932 $— $238,932 
Advisory fees— — 236,278 (1,037)235,241 
Investment banking— — 81,847 — 81,847 
Bank deposit sweep income— — 94,692 — 94,692 
Interest234 6,181 38,426 (6,220)38,621 
Principal transactions, net— 121 21,980 (12)22,089 
Other3 2 26,070 1 26,076 
Total revenue237 6,304 738,225 (7,268)737,498 
EXPENSES
Compensation and related expenses1,098 — 466,330 (6)467,422 
Communications and technology130 — 61,327 — 61,457 
Occupancy and equipment costs— (1)46,855 2 46,856 
Clearing and exchange fees— — 16,479 — 16,479 
Interest9,788 — 34,141 (6,220)37,709 
Other2,637 248 65,795 (1,044)67,636 
Total expenses13,653 247 690,927 (7,268)697,559 
Pre-tax income (loss) (13,416)6,057 47,298 — 39,939 
Income taxes(3,702)1,994 14,129 — 12,421 
Net income (loss)(9,714)4,063 33,169 — 27,518 
Equity in earnings of subsidiaries37,232 33,169 — (70,401)— 
Net income 27,518 37,232 33,169 (70,401)27,518 
Other comprehensive income— — 1,457 — 1,457 
Total comprehensive income$27,518 $37,232 $34,626 $(70,401)$28,975 
Condensed Consolidating Balance Sheet
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING BALANCE SHEET
AS OF SEPTEMBER 30, 2020
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
ASSETS
Cash and cash equivalents$3,864 $188 $28,028 $— $32,080 
Deposits with clearing organizations— — 77,202 — 77,202 
Receivable from brokers, dealers and clearing organizations— — 207,256 — 207,256 
Receivable from customers, net of allowance for credit losses of $418— — 1,095,035 — 1,095,035 
Income tax receivable46,136 14,923 (702)(57,365)2,992 
Securities owned, including amounts pledged of $486,165 at fair value— 1,438 645,241 1 646,680 
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $37,224 and $4,190, respectively— — 44,723 — 44,723 
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $100,968— 20,989 7,927 — 28,916 
Right-of-use lease assets, net of accumulated amortization of $43,933— 150,115 4,551 — 154,666 
Subordinated loan receivable209 112,558 — (112,767)— 
Intangible assets— 400 31,700 — 32,100 
Goodwill— — 137,889 — 137,889 
Other assets(786)1,367 148,501 (3)149,079 
Deferred tax assets— (28)(2,668)2,696 — 
Investment in subsidiaries779,573 593,310 (1)(1,372,882)— 
Intercompany receivables(87,257)121,365 (7,777)(26,331)— 
Total assets$741,739 $1,016,625 $2,416,905 $(1,566,651)$2,608,618 
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Drafts payable$— $— $18,251 $— $18,251 
Bank call loans— — 156,900 — 156,900 
Payable to brokers, dealers and clearing organizations— — 366,949 — 366,949 
Payable to customers— — 380,746 — 380,746 
Securities sold under agreements to repurchase— — 252,827 — 252,827 
Securities sold but not yet purchased, at fair value— — 222,449 — 222,449 
Accrued compensation— — 201,616 — 201,616 
Income tax payable2,440 22,189 34,769 (59,398)— 
Accounts payable and other liabilities219 (10,320)53,553 21 43,473 
Lease liabilities— 190,603 4,745 — 195,348 
Senior secured notes, net of debt issuance cost of $1,136123,864 — — — 123,864 
Subordinated indebtedness— — 112,558 (112,558)— 
Deferred tax liabilities— (7,298)33,546 4,731 30,979 
Intercompany payables— 26,335 — (26,335)— 
Total liabilities126,523 221,509 1,838,909 (193,539)1,993,402 
Stockholders' equity
Total stockholders' equity615,216 795,116 577,996 (1,373,112)615,216 
Total liabilities and stockholders' equity$741,739 $1,016,625 $2,416,905 $(1,566,651)$2,608,618 
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING BALANCE SHEET
AS OF DECEMBER 31, 2019
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
ASSETS
Cash and cash equivalents$4,811 $2,179 $72,560 $— $79,550 
Deposits with clearing organizations— — 48,415 — 48,415 
Receivable from brokers, dealers and clearing organizations— — 158,231 5,062 163,293 
Receivable from customers, net of allowance for credit losses of $451— — 796,934 — 796,934 
Income tax receivable42,556 16,469 — (53,855)5,170 
Securities owned, including amounts pledged of $357,120 at fair value— 1,352 798,367 — 799,719 
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $38,355 and $3,673, respectively— — 43,670 — 43,670 
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $94,773— 22,537 8,840 — 31,377 
Subordinated loan receivable209 112,558 — (112,767)— 
Right-of-use lease assets, net of accumulated amortization of $25,186— 153,780 6,517 — 160,297 
Intangible assets— 400 31,700 — 32,100 
Goodwill— — 137,889 — 137,889 
Other assets154 11,798 164,821 (10,432)166,341 
Deferred tax assets4 7,048 2,449 (9,501)— 
Investment in subsidiaries697,093 763,990 24,656 (1,485,739)— 
Intercompany receivables2,875 67,923 — (70,798)— 
Total assets$747,702 $1,160,034 $2,295,049 $(1,738,030)$2,464,755 
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Payable to brokers, dealers and clearing organizations$— $— $520,975 $— $520,975 
Payable to customers— — 334,735 — 334,735 
Securities sold under agreements to repurchase— — 287,265 — 287,265 
Securities sold but not yet purchased, at fair value— — 100,571 — 100,571 
Accrued compensation— — 207,358 — 207,358 
Accounts payable and other liabilities5,166 75 50,049 (10,565)44,725 
Lease liabilities— 196,234 6,906 — 203,140 
Income tax payable— 40 703 (743)— 
Senior secured notes, net of debt issuance cost of $485149,515 — — — 149,515 
Subordinated indebtedness— — 112,558 (112,558)— 
Deferred tax liabilities— — 33,546 (9,797)23,749 
Intercompany payables299 — — (299)— 
Total liabilities154,980 196,349 1,654,666 (133,962)1,872,033 
Stockholders' equity
Total stockholders' equity592,722 963,685 640,383 (1,604,068)592,722 
Total liabilities and stockholders' equity$747,702 $1,160,034 $2,295,049 $(1,738,030)$2,464,755 
Condensed Consolidating Statement of Cash Flows
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2020
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
Cash flows from operating activities:
Cash provided by/(used in) operating activities$51,332 $(1,991)$(197,724)$— $(148,383)
Cash flows from investing activities:
Purchase of furniture, equipment and leasehold improvements— — (3,708)— (3,708)
Cash used in investing activities— — (3,708)— (3,708)
Cash flows from financing activities:
Cash dividends paid on Class A non-voting and Class B voting common stock(4,597)— — — (4,597)
Issuance of Class A non-voting common stock34 — — — 34 
Repurchase of Class A non-voting common stock for cancellation(14,228)— — — (14,228)
Payments for employee taxes withheld related to vested share-based awards
(5,771)— — — (5,771)
Issuance of senior secured notes125,000 — — — 125,000 
Redemption of senior secured notes(148,574)— — — (148,574)
Repurchase of senior secured notes(1,426)— — — (1,426)
Debt issuance costs(210)— — — (210)
Debt redemption costs(2,507)— — — (2,507)
Increase in bank call loans, net— — 156,900 — 156,900 
Cash provided by (used in) financing activities(52,279)— 156,900 — 104,621 
Net decrease in cash and cash equivalents(947)(1,991)(44,532)— (47,470)
Cash and cash equivalents, beginning of the period4,811 2,179 72,560 — 79,550 
Cash and cash equivalents, end of the period$3,864 $188 $28,028 $— $32,080 
OPPENHEIMER HOLDINGS INC.
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019
(Expressed in thousands)ParentGuarantor
subsidiaries		Non-guarantor
subsidiaries		EliminationsConsolidated
Cash flows from operating activities:
Cash provided by/(used in) operating activities$16,687 $(3,292)$9,502 $— $22,897 
Cash flows from investing activities:
Purchase of furniture, equipment and leasehold improvements— — (8,672)— (8,672)
Cash used in investing activities— — (6,952)— (6,952)
Cash flows from financing activities:
Cash dividends paid on Class A non-voting and Class B voting common stock(4,408)— — — (4,408)
Issuance of Class A non-voting common stock83 — — — 83 
Repurchase of Class A non-voting common stock for cancellation(8,400)— — — (8,400)
Payments for employee taxes withheld related to vested share-based awards(1,014)— — — (1,014)
Redemption of senior secured notes(50,000)— — — (50,000)
Debt redemption costs(1,688)— — — (1,688)
Decrease in bank call loans, net— — (15,000)— (15,000)
Cash used in financing activities(65,427)— (15,000)— (80,427)
Net decrease in cash and cash equivalents(48,740)(3,292)(12,450)— (64,482)
Cash and cash equivalents, beginning of the period53,525 3,826 33,324 — 90,675 
Cash and cash equivalents, end of the period$4,785 $534 $20,874 $— $26,193