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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 59,125 $ 20,169
Adjustments to reconcile consolidated net income (loss) to net cash provided by (used in) operating activities:    
Fixed asset depreciation and intangible asset amortization 21,655 21,923
Employee loan amortization and reserves on employee loans 15,561 14,551
Equity-based compensation and allocations of net income to limited partnership units and FPUs 33,495 42,204
Deferred compensation expense 128 187
Losses (gains) on equity method investments (1,532) (1,023)
Realized losses (gains) on marketable securities 11 (289)
Loss (gains) on other investments   40
Amortization of discount (premium) on notes payable 981 1,098
Impairment of fixed assets, intangible assets and investments 2,009 7,253
Deferred tax provision (benefit) (350) 2,686
Change in estimated acquisition earn-out payables 1,102 (1,141)
Other (1,052)  
Consolidated net income (loss), adjusted for non-cash and non-operating items 131,133 107,658
Decrease (increase) in operating assets:    
Securities owned (955) (131)
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers (1,518,927) (1,753,696)
Accrued commissions receivable, net (115,045) (60,582)
Loans, forgivable loans and other receivables from employees and partners, net (31,201) (34,183)
Receivables from related parties 3,869 9,004
Other assets (2,669) (7,928)
Increase (decrease) in operating liabilities:    
Repurchase agreements 94 512
Securities loaned   (10,929)
Accrued compensation (15,873) 22,413
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 1,497,233 1,760,191
Payables to related parties 11,195 (59,153)
Accounts payable, accrued and other liabilities 85,337 (44,770)
Net cash provided by (used in) operating activities 44,191 (71,594)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of fixed assets (1,707) (6,631)
Capitalization of software development costs (11,157) (12,931)
Purchase of equity method investments (355) (245)
Proceeds from equity method investments 77  
Payments for acquisitions, net of cash and restricted cash acquired   (7,938)
Proceeds from sale of marketable securities   11,362
Purchase of assets   (2,000)
Net cash provided by (used in) investing activities (13,142) (18,383)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt and collateralized borrowings (3,524) (3,402)
Issuance of long-term debt and collateralized borrowings, net of deferred issuance costs (97) 227,837
Earnings distributions to limited partnership interests and other noncontrolling interests (19,773) (29,578)
Redemption and repurchase of limited partnership interests (21,017) (16,575)
Dividends to stockholders (3,774) (49,633)
Repurchase of Class A common stock (4,397)  
Proceeds from sale of Cantor Units in BGC Holdings 5,145  
Payments on acquisition earn-outs (837) (3,928)
Net cash provided by (used in) financing activities (48,274) 124,721
Effect of exchange rate changes on Cash and cash equivalents and Cash segregated under regulatory requirements (1,556) (13,496)
Net increase (decrease) in Cash and cash equivalents and Cash segregated under regulatory requirements (18,781) 21,248
Cash and cash equivalents and Cash segregated under regulatory requirements at beginning of period 850,677 636,114
Cash and cash equivalents and Cash segregated under regulatory requirements at end of period 831,896 657,362
Supplemental cash information:    
Cash paid during the period for taxes 1,201 17,461
Cash paid during the period for interest 13,339 15,394
Supplemental non-cash information:    
Issuance of Class A common stock upon exchange of limited partnership interests 39,137 3,264
Issuance of Class A and contingent Class A common stock and limited partnership interests for acquisitions $ 25 1,399
ROU assets and liabilities   $ 7,654