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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities    
Net Income $ 7,678 $ 5,893
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:    
Net (Gains) Losses on Investments, Marketable Securities and Contingent Consideration (1,203) 2,341
Equity Method Investments 4,731 4,458
Equity-Based and Other Deferred Compensation 66,870 56,855
Depreciation, Amortization and Accretion 6,382 6,997
Bad Debt Expense 0 141
Deferred Taxes 178 6,395
Decrease (Increase) in Operating Assets:    
Marketable Securities 163 123
Financial Instruments Owned and Pledged as Collateral at Fair Value 8,319 6,503
Securities Purchased Under Agreements to Resell (111) 1,774
Accounts Receivable 29,229 6,917
Receivable from Employees and Related Parties 857 (1,220)
Other Assets (7,228) (16,075)
(Decrease) Increase in Operating Liabilities:    
Accrued Compensation and Benefits (212,762) (159,026)
Accounts Payable and Accrued Expenses (11,764) 428
Securities Sold Under Agreements to Repurchase (8,261) (8,359)
Payables to Employees and Related Parties 3,700 9,952
Taxes Payable (12,723) (507)
Other Liabilities 9,052 (2,375)
Net Cash Provided by (Used in) Operating Activities (116,893) (78,785)
Cash Flows From Investing Activities    
Investments Purchased (84) (54)
Distributions of Private Equity Investments 3 6,451
Marketable Securities:    
Proceeds from Sales and Maturities 5,572 12,812
Purchases (8,906) (8,317)
Loans Receivable 0 (3,500)
Purchase of Furniture, Equipment and Leasehold Improvements (2,265) (1,957)
Net Cash Provided by (Used in) Investing Activities (5,680) 5,435
Cash Flows From Financing Activities    
Issuance of Noncontrolling Interests 0 291
Purchase of Noncontrolling Interests (6,482) 0
Distributions to Noncontrolling Interests (8,585) (4,598)
Short-Term Borrowing 50,000 45,000
Payment of Notes Payable - Mizuho (120,000) 0
Issuance of Notes Payable 170,000 0
Debt Issuance Costs (103) 0
Purchase of Treasury Stock (108,771) (88,051)
Excess Tax Benefits Associated with Equity-Based Awards 4,368 8,470
Dividends - Class A Stockholders (12,328) (11,900)
Net Cash Provided by (Used in) Financing Activities (31,901) (50,788)
Effect of Exchange Rate Changes on Cash (2,767) (2,241)
Net Increase (Decrease) in Cash and Cash Equivalents (157,241) (126,379)
Cash and Cash Equivalents-Beginning of Period 448,764 352,160
Cash and Cash Equivalents-End of Period 291,523 225,781
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Payments for Interest 2,240 5,391
Payments for Income Taxes 19,386 1,975
Dividend Equivalents Issued 1,940 1,669
Debt Issuance Costs Accrued 1,981 0
Contingent Consideration Accrued $ 13,814 $ 1,913