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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 455,016 $ 415,379
Cash segregated under regulatory requirements 202,346 220,735
Securities owned 57,529 57,525
Marketable securities 245 14,228
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 2,302,726 551,445
Accrued commissions and other receivables, net 820,887 778,415
Loans, forgivable loans and other receivables from employees and partners, net 339,259 315,590
Fixed assets, net 203,015 204,841
Investments 38,966 40,349
Goodwill 552,001 553,745
Other intangible assets, net 302,424 303,224
Receivables from related parties 6,589 14,273
Other assets 447,156 446,371
Total assets 5,728,159 3,916,120
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 3,847 4,962
Repurchase agreements 512  
Securities loaned 2,973 13,902
Accrued compensation 234,826 215,085
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 2,178,000 416,566
Payables to related parties 8,511 72,497
Accounts payable, accrued and other liabilities 1,191,856 1,283,046
Notes payable and other borrowings 1,368,221 1,142,687
Total liabilities 4,988,746 3,148,745
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 23,457 23,638
Stockholders’ equity:    
Additional paid-in capital 2,293,065 2,271,947
Treasury stock, at cost: 50,525 and 50,525 shares of Class A common stock at each of March 31, 2020 and December 31, 2019 (315,308) (315,308)
Retained deficit (1,277,956) (1,241,754)
Accumulated other comprehensive income (loss) (44,082) (33,102)
Total stockholders’ equity 659,794 685,826
Noncontrolling interest in subsidiaries 56,162 57,911
Total equity 715,956 743,737
Total liabilities, redeemable partnership interest, and equity 5,728,159 3,916,120
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value 3,616 3,584
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value $ 459 $ 459