Fair Value (Details) (USD $) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2015 | Mar. 31, 2014 | Dec. 31, 2014 |
Acquisition |
Fair value measurement Level 3 reconciliation [Abstract] | | | |
Balance as of beginning of period | $58,926,000 | $52,081,000 | $52,081,000 |
Transfers out | -26,000 | 0 | |
Purchases | 122,000 | 501,000 | |
Sales | 0 | -1,121,000 | |
Realized (losses) gains, net | -5,194,000 | 1,121,000 | |
Unrealized gains (losses), net | 5,013,000 | -1,838,000 | |
Balance as of end of period | 58,841,000 | 50,744,000 | |
Percentage of consolidated venture capital fund non-controlling interests owned (in hundredths) | 90.00% | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Number of acquisition | 3 | | |
Fair Value, Liabilities Measurement Level 3 reconciliation | | | |
Balance as of beginning of period | 42,436,000 | 38,205,000 | 38,205,000 |
Accretion | 443,000 | 321,000 | |
Payments | -656,000 | -838,000 | |
Balance as of end of period | 42,223,000 | 37,688,000 | |
Minimum [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Discount rate (in hundredths) | 3.00% | | |
Maximum [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Discount rate (in hundredths) | 18.00% | | |
Weighted Average [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
AUM growth rate (in hundredths) | 46.00% | | |
Revenue growth rate (in hundredths) | 71.00% | | |
Private Equity Technology, Media and Telecommunications [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Description of investment | communications, consumer, digital media, healthcare and information technology markets | | |
Private equity investment at fair value | 31,000,000 | | |
Unfunded commitments to investments | 2,900,000 | | |
Private Equity Healthcare and Cleantech [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Number of investment | 2 | | 2 |
Fair value of investments | 100,000 | | 200,000 |
Private Equity Fund [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Fair value of investments | 7,500,000 | | 7,500,000 |
Description of investment | energy sector | | |
Consolidated Private Equity Investment Venture Capital Fund [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Description of investment | clean energy, resource and energy efficiency and other sustainable industries | | |
Private equity investment at fair value | 100,000 | | |
Unfunded commitments to investments | 0 | | |
Consolidated Private Equity Fund [Member] | | | |
Securities sold not yet purchased [Abstract] | | | |
Percentage of consolidated venture capital fund the Company owned (in hundredths) | 10.00% | | 10.00% |
Fair Value, Measurements, Recurring [Member] | | | |
Assets, Fair Value Disclosure [Abstract] | | | |
Money markets | 172,415,000 | | 89,566,000 |
U.S. Treasury bills | 499,059,000 | | 444,152,000 |
Available-for-sale [Abstract] | | | |
Equity securities | 6,136,000 | | 5,951,000 |
Fixed income securities | 306,000 | | 221,000 |
Trading [Abstract] | | | |
Equity securities | 359,594,000 | | 387,502,000 |
Fixed income securities | 186,313,000 | | 167,059,000 |
Long exchange-traded options | 6,767,000 | | 22,290,000 |
Derivatives | 8,551,000 | | 6,787,000 |
Private equity | 72,604,000 | | 71,088,000 |
Total assets measured at fair value | 1,311,745,000 | | 1,194,616,000 |
Securities sold not yet purchased [Abstract] | | | |
Short equities - corporate | 61,302,000 | | 81,784,000 |
Short exchange-traded options | 5,602,000 | | 7,118,000 |
Derivatives | 9,773,000 | | 9,392,000 |
Contingent payment arrangements | 42,223,000 | | 42,436,000 |
Total liabilities measured at fair value | 118,900,000 | | 140,730,000 |
Fair Value, Measurements, Recurring [Member] | Private Equity Technology, Media and Telecommunications [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Fair value | 20,044,000 | | 20,112,000 |
Valuation technique | Market comparable companies | | Market comparable companies |
Marketability discount (in hundredths) | 30.00% | | |
Discount rate (in hundredths) | | | 18.00% |
Discount years | | | 2 years |
Fair Value, Measurements, Recurring [Member] | Private Equity Technology, Media and Telecommunications [Member] | Minimum [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Revenue multiple | 2.1 | | 2 |
Fair Value, Measurements, Recurring [Member] | Private Equity Technology, Media and Telecommunications [Member] | Maximum [Member] | | | |
Quantitative information about Level 3 fair value measurements [Abstract] | | | |
Revenue multiple | 4.6 | | 3.5 |
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | | | |
Assets, Fair Value Disclosure [Abstract] | | | |
Money markets | 172,415,000 | | 89,566,000 |
U.S. Treasury bills | 0 | | 0 |
Available-for-sale [Abstract] | | | |
Equity securities | 6,136,000 | | 5,951,000 |
Fixed income securities | 306,000 | | 221,000 |
Trading [Abstract] | | | |
Equity securities | 334,792,000 | | 387,495,000 |
Fixed income securities | 183,227,000 | | 164,317,000 |
Long exchange-traded options | 6,767,000 | | 22,290,000 |
Derivatives | 360,000 | | 571,000 |
Private equity | 13,885,000 | | 12,162,000 |
Total assets measured at fair value | 717,888,000 | | 682,573,000 |
Securities sold not yet purchased [Abstract] | | | |
Short equities - corporate | 61,302,000 | | 81,784,000 |
Short exchange-traded options | 5,602,000 | | 7,118,000 |
Derivatives | 3,011,000 | | 2,438,000 |
Contingent payment arrangements | 0 | | 0 |
Total liabilities measured at fair value | 69,915,000 | | 91,340,000 |
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | | | |
Assets, Fair Value Disclosure [Abstract] | | | |
Money markets | 0 | | 0 |
U.S. Treasury bills | 499,059,000 | | 444,152,000 |
Available-for-sale [Abstract] | | | |
Equity securities | 0 | | 0 |
Fixed income securities | 0 | | 0 |
Trading [Abstract] | | | |
Equity securities | 24,680,000 | | 7,000 |
Fixed income securities | 3,086,000 | | 2,742,000 |
Long exchange-traded options | 0 | | 0 |
Derivatives | 8,191,000 | | 6,216,000 |
Private equity | 0 | | 0 |
Total assets measured at fair value | 535,016,000 | | 453,117,000 |
Securities sold not yet purchased [Abstract] | | | |
Short equities - corporate | 0 | | 0 |
Short exchange-traded options | 0 | | 0 |
Derivatives | 6,762,000 | | 6,954,000 |
Contingent payment arrangements | 0 | | 0 |
Total liabilities measured at fair value | 6,762,000 | | 6,954,000 |
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | | | |
Assets, Fair Value Disclosure [Abstract] | | | |
Money markets | 0 | | 0 |
U.S. Treasury bills | 0 | | 0 |
Available-for-sale [Abstract] | | | |
Equity securities | 0 | | 0 |
Fixed income securities | 0 | | 0 |
Trading [Abstract] | | | |
Equity securities | 122,000 | | 0 |
Fixed income securities | 0 | | 0 |
Long exchange-traded options | 0 | | 0 |
Derivatives | 0 | | 0 |
Private equity | 58,719,000 | | 58,926,000 |
Total assets measured at fair value | 58,841,000 | | 58,926,000 |
Securities sold not yet purchased [Abstract] | | | |
Short equities - corporate | 0 | | 0 |
Short exchange-traded options | 0 | | 0 |
Derivatives | 0 | | 0 |
Contingent payment arrangements | 42,223,000 | | 42,436,000 |
Total liabilities measured at fair value | $42,223,000 | | $42,436,000 |