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Fair Value Disclosures - Level 3 Rollforwards (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
May 31, 2025
May 31, 2024
May 31, 2025
May 31, 2024
Assets:        
Total gains/(losses) (realized and unrealized) $ (12,800) $ 9,500 $ (2,500) $ 55,000
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held       0
Liabilities:        
Total gains/(losses) (realized and unrealized) $ 32,900 $ (12,800) $ (36,300) $ (4,000)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Revenues Revenues Revenues Revenues
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Revenues Revenues Revenues Revenues
Corporate equity securities        
Assets:        
Beginning balance $ 212,409 $ 173,214 $ 239,364 $ 181,294
Total gains/(losses) (realized and unrealized) (8,245) 12,751 (9,940) 12,817
Purchases (2,482) (15,398) (7,049) (15,956)
Sales (2,201) (18) (5,366) (2,230)
Settlements 0 0 494 0
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 10,225 2,912 (20,321) (3,448)
Ending balance 231,160 178,755 231,160 178,755
Changes in unrealized gains/(losses) included in earnings for instruments still held 5,003 (12,404) 8,292 (12,175)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Liabilities:        
Beginning balance 590 675 208 676
Total gains/(losses) (realized and unrealized) (256) 8 126 1
Purchases (173) 0 (173) 0
Sales 0 25 0 31
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 0 0 0 0
Ending balance 161 708 161 708
Changes in unrealized gains/ (losses) included in earnings for instruments still held 31 (8) (126) (1)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Corporate debt securities        
Assets:        
Beginning balance 25,925 35,335 24,931 26,112
Total gains/(losses) (realized and unrealized) (2,547) (1,363) (2,147) (3,830)
Purchases (18,805) (1,091) (37,129) (25,563)
Sales (15,740) (16,250) (23,787) (17,217)
Settlements (2,177) 0 (2,197) (200)
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 15,322 17,178 6,459 629
Ending balance 44,682 38,717 44,682 38,717
Changes in unrealized gains/(losses) included in earnings for instruments still held 2,194 89 2,419 2,997
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Liabilities:        
Beginning balance 1,113 124 165 124
Total gains/(losses) (realized and unrealized) 222 (23) 52 (23)
Purchases (41,346) 0 (135,198) 0
Sales 41,436 246 135,433 246
Settlements (662) 0 0 0
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 (119) 159 192 159
Ending balance 644 506 644 506
Changes in unrealized gains/ (losses) included in earnings for instruments still held (86) 23 (123) 23
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
CDOs and CLOs        
Assets:        
Beginning balance 71,827 69,367 63,976 64,862
Total gains/(losses) (realized and unrealized) 4,123 (1,220) 10,286 (9,006)
Purchases (35,644) (6,810) (52,875) (20,333)
Sales (18,469) (1,905) (23,728) (15,838)
Settlements (6,550) (5,527) (6,550) (7,293)
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 (7,381) (1,339) (5,339) (2,444)
Ending balance 70,948 68,626 70,948 68,626
Changes in unrealized gains/(losses) included in earnings for instruments still held (4,564) (675) (10,336) 4,904
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Sovereign obligations        
Assets:        
Beginning balance     172  
Total gains/(losses) (realized and unrealized)     (2)  
Purchases     0  
Sales     (174)  
Settlements     0  
Issuances     0  
Net transfers into/ (out of) Level 3     0  
Ending balance 0   0  
Changes in unrealized gains/(losses) included in earnings for instruments still held     0  
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held     0  
RMBS        
Assets:        
Beginning balance 7,526 684 7,714 20,871
Total gains/(losses) (realized and unrealized) (436) 6 (269) 207
Purchases 0 0 0 (32)
Sales 0 0 0 (32)
Settlements (15) (34) (36) (5,395)
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 0 0 0 (14,625)
Ending balance 7,947 644 7,947 644
Changes in unrealized gains/(losses) included in earnings for instruments still held 439 0 279 33
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Liabilities:        
Beginning balance 15      
Total gains/(losses) (realized and unrealized) (15)      
Purchases 0      
Sales 0      
Settlements 0      
Issuances 0      
Net transfers into/ (out of) Level 3 0      
Ending balance 0   0  
Changes in unrealized gains/ (losses) included in earnings for instruments still held 0      
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0      
CMBS        
Assets:        
Beginning balance 471 473 477 508
Total gains/(losses) (realized and unrealized) (34) (4) (28) 35
Purchases 0 0 0 (4)
Sales 0 0 0 0
Settlements 0 0 0 0
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 0 0 0 0
Ending balance 505 477 505 477
Changes in unrealized gains/(losses) included in earnings for instruments still held 34 0 28 (64)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Liabilities:        
Beginning balance 1,154 944 1,153 840
Total gains/(losses) (realized and unrealized) (1) 0 0 0
Purchases 0 0 0 (245)
Sales 35 0 35 0
Settlements 0 105 0 455
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 (35) 0 (35) (1)
Ending balance 1,153 1,049 1,153 1,049
Changes in unrealized gains/ (losses) included in earnings for instruments still held 1 0 0 0
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Other ABS        
Assets:        
Beginning balance 147,319 102,256 103,214 117,661
Total gains/(losses) (realized and unrealized) (6,814) 2,198 264 5,913
Purchases (27,523) (63,554) (86,866) (76,263)
Sales (26,231) (15,138) (30,929) (32,817)
Settlements (1,863) (35,363) (4,175) (26,619)
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 119 55,625 (1,031) 40,161
Ending balance 153,681 168,736 153,681 168,736
Changes in unrealized gains/(losses) included in earnings for instruments still held 5,985 (1,694) (565) (3,938)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Loans and other receivables        
Assets:        
Beginning balance 153,764 78,885 152,586 130,101
Total gains/(losses) (realized and unrealized) 7,236 (1,255) 5,759 39,831
Purchases (18,008) (11,329) (72,851) (18,555)
Sales (39,475) (4,161) (82,603) (3,974)
Settlements (13,063) (35) (21,549) (17,892)
Issuances 0 0 3,670 0
Net transfers into/ (out of) Level 3 (19,830) 5,273 (27,028) 5,587
Ending balance 92,168 92,546 92,168 92,546
Changes in unrealized gains/(losses) included in earnings for instruments still held (10,875) 579 (9,134) (17,220)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Investments at fair value        
Assets:        
Beginning balance 157,881 121,764 137,865 130,835
Total gains/(losses) (realized and unrealized) (6,041) (1,616) (6,434) 9,079
Purchases (261) (15,224) (21,549) (16,855)
Sales 0 (547) 0 0
Settlements (804) 0 (2,469) (547)
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 (10,000) 0 (10,000) (7)
Ending balance 153,379 138,057 153,379 138,057
Changes in unrealized gains/(losses) included in earnings for instruments still held 3,581 1,616 3,974 (9,079)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Loans        
Liabilities:        
Beginning balance 848 1,466 16,864 1,521
Total gains/(losses) (realized and unrealized) (658) (251) (1,673) (114)
Purchases (37) (925) (1,046) (1,041)
Sales 0 2,801 0 3,642
Settlements 183 81 698 114
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 (23) (1,588) (14,530) (2,538)
Ending balance 313 1,584 313 1,584
Changes in unrealized gains/ (losses) included in earnings for instruments still held (226) 309 39 107
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Net derivatives        
Liabilities:        
Beginning balance 42,076 52,089 22,286 50,955
Total gains/(losses) (realized and unrealized) (1,132) (10,062) (13,925) (17,979)
Purchases 0 0 0 (978)
Sales 0 0 22,588 2,913
Settlements (4) (9,689) (484) (9,486)
Issuances 0 0 0 0
Net transfers into/ (out of) Level 3 (7,652) 2,539 2,823 9,452
Ending balance 33,288 34,877 33,288 34,877
Changes in unrealized gains/ (losses) included in earnings for instruments still held (6,385) (178) 5,076 9,057
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 0 0 0 0
Other secured financings        
Liabilities:        
Beginning balance 12,705 3,965 14,884 3,898
Total gains/(losses) (realized and unrealized) 0 0 241 4,482
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements (2,360) 0 (4,780) (4,415)
Issuances 8,531 0 8,531 0
Net transfers into/ (out of) Level 3 0 0 0 0
Ending balance 18,876 3,965 18,876 3,965
Changes in unrealized gains/ (losses) included in earnings for instruments still held 0 0 (241) (4,482)
Long-term debt        
Assets:        
Beginning balance 860,684      
Total gains/(losses) (realized and unrealized) 34,729      
Purchases 0      
Sales 0      
Settlements (5,893)      
Issuances 93,570      
Net transfers into/ (out of) Level 3 8,066      
Ending balance 991,156   991,156  
Changes in unrealized gains/(losses) included in earnings for instruments still held (49,509)      
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held 14,781      
Liabilities:        
Beginning balance   779,529 821,903 744,597
Total gains/(losses) (realized and unrealized)   (2,477) (21,118) 9,651
Purchases   0 0 0
Sales   0 0 0
Settlements   (2,109) (2,799) (2,109)
Issuances   6,616 218,124 28,072
Net transfers into/ (out of) Level 3   2,653 (24,954) 4,001
Ending balance $ 991,156 784,212 991,156 784,212
Changes in unrealized gains/ (losses) included in earnings for instruments still held   9,334 (19,522) (5,117)
Changes in unrealized gains/ (losses) included in other comprehensive income for instruments still held   $ (6,857) $ 40,640 $ (4,534)