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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 392,483 $ 542,545 $ 402,692
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization of property 42,336 38,315 35,095
Noncash lease expense 60,624 74,024 64,714
Currency translation adjustment reclassification 32 23,645  
Amortization of deferred expenses and share-based incentive compensation 406,242 394,114 346,926
Amortization of intangible assets related to acquisitions 60 60 1,795
Deferred tax provision 42,709 90,643 47,148
Provision (benefit) pursuant to tax receivable agreement (1,209) 2,199 (439)
(Increase) decrease in operating assets and increase (decrease) in operating liabilities:      
Receivables-net 140,745 (81,609) (72,154)
Investments 178,025 (458,593) (198,556)
Other assets (55,444) (33,410) 1,353
Accrued compensation and benefits and other liabilities (372,619) 274,146 (52,643)
Net cash provided by operating activities 833,984 866,079 575,931
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property (49,511) (39,698) (64,286)
Disposals of property 573 642 1,347
Other (7,500)    
Net cash used in investing activities (56,438) (39,056) (62,939)
Proceeds from:      
Customer deposits, net   350,868  
Contributions from noncontrolling interests 514 334 423
Payments for:      
Customer deposits, net (373,044)   (143,046)
Distributions to noncontrolling interests (32,051) (11,398) (2,861)
Payments under tax receivable agreement (21,036) (10,215) (25,454)
Purchase of Class A common stock (691,705) (406,149) (95,227)
Class A common stock dividends (181,880) (195,944) (196,598)
Settlement of share-based incentive compensation in satisfaction of tax withholding requirements (61,916) (68,013) (72,636)
LFI Consolidated Funds redemptions (10,020) (20,915)  
Other financing activities (10,897) (8,380) (11,952)
Net cash provided by (used in) financing activities (1,382,035) 195,836 (547,351)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (186,125) (161,672) 147,627
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (790,614) 861,187 113,268
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— January 1 3,430,014 2,568,827 2,455,559
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— December 31 $ 2,639,400 3,430,014 $ 2,568,827
LGAC [Member]      
Proceeds from:      
LGAC IPO   575,000  
Payments for:      
Payments of LGAC IPO underwriting fees and other offering costs   $ (9,352)