XML 64 R55.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Deposits with clearing organizations $ 38,566 $ 29,083
Securities owned    
Securities owned, at fair value 689,046 634,504
Securities owned and sold, fair value 689,046 634,504
Investments 13,934 12,970
Investments 8,405 5,521
Derivative contracts    
Derivative contracts, total 6  
Total 741,552 676,649
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 97,371 71,958
Derivative contracts:    
Derivative contracts 1,858 368
Total 99,229 72,326
Corporate equities    
Securities owned    
Securities owned, at fair value   45,380
Corporate equities    
Securities owned    
Securities owned, at fair value 35,254  
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 20,429 18,679
Money markets    
Securities owned    
Securities owned, at fair value   31
Auction rate securities    
Securities owned    
Securities owned, at fair value 31,804 31,804
U.S. Treasury securities    
Securities owned    
Securities owned, at fair value 554,315 505,875
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 60,220 42,298
U.S. Agency securities    
Securities owned    
Securities owned, at fair value 4,643 5,622
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 5 4
Sovereign obligations    
Securities owned    
Securities owned, at fair value 2,527 1,494
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 4,171  
Corporate debt and other obligations    
Securities owned    
Securities owned, at fair value 14,543 8,111
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 5,805 2,515
Mortgage and other asset-backed securities    
Securities owned    
Securities owned, at fair value 2,750 3,889
Municipal obligations    
Securities owned    
Securities owned, at fair value 20,136 18,520
Convertible bonds    
Securities owned    
Securities owned, at fair value 23,074 13,778
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 6,741 8,462
Level 1    
ASSETS    
Deposits with clearing organizations 38,566 29,083
Securities owned    
Securities owned, at fair value 589,569 551,286
Derivative contracts    
Derivative contracts, total 0  
Total 628,135 580,369
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 80,649 60,977
Derivative contracts:    
Derivative contracts 1,832 287
Total 82,481 61,264
Level 1 | Corporate equities    
Securities owned    
Securities owned, at fair value 35,254 45,380
Level 1 | Money markets    
Securities owned    
Securities owned, at fair value   31
Level 1 | U.S. Treasury securities    
Securities owned    
Securities owned, at fair value 554,315 505,875
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 60,220 42,298
Level 1 | U.S. Agency securities    
Securities owned    
Securities owned, at fair value 0 0
Level 1 | Corporate debt and other obligations    
Securities owned    
Securities owned, at fair value 0  
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 0  
Level 1 | Corporate equities    
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 20,429 18,679
Level 2    
Securities owned    
Securities owned, at fair value 67,673 51,414
Investments 13,934 12,970
Derivative contracts    
Derivative contracts, total 6  
Total 81,613 64,476
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 16,722 10,981
Derivative contracts:    
Derivative contracts 26 81
Total 16,748 11,062
Level 2 | Auction rate securities    
Securities owned    
Securities owned, at fair value   0
Level 2 | U.S. Agency securities    
Securities owned    
Securities owned, at fair value 4,643 5,622
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 5 4
Level 2 | Sovereign obligations    
Securities owned    
Securities owned, at fair value 2,527 1,494
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 4,171  
Level 2 | Corporate debt and other obligations    
Securities owned    
Securities owned, at fair value 14,543 8,111
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 5,805 2,515
Level 2 | Mortgage and other asset-backed securities    
Securities owned    
Securities owned, at fair value 2,750 3,889
Level 2 | Municipal obligations    
Securities owned    
Securities owned, at fair value 20,136 18,520
Level 2 | Convertible bonds    
Securities owned    
Securities owned, at fair value 23,074 13,778
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 6,741 8,462
Level 3    
Securities owned    
Securities owned, at fair value 31,804 31,804
Investments 0  
Derivative contracts    
Total 31,804 31,804
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 0  
Derivative contracts:    
Derivative contracts 0 0
Total 0 0
Level 3 | Auction rate securities    
Securities owned    
Securities owned, at fair value 31,804 31,804
Level 3 | Municipal obligations    
Securities owned    
Securities owned, at fair value   0
TBAs    
Derivative contracts    
Derivative contracts, total 6 92
Derivative contracts:    
Derivative contracts 26 81
TBAs | Level 2    
Derivative contracts    
Derivative contracts, total 6 92
Derivative contracts:    
Derivative contracts 26 81
Future    
Derivative contracts:    
Derivative contracts 1,832 287
Future | Level 1    
Derivative contracts:    
Derivative contracts $ 1,832 $ 287