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Compensation and Benefits (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Components of Compensation Expense
 For the Three Months Ended September 30, For the Nine Months Ended September 30,
2021202020212020
Salaries, incentive compensation and benefits (1)
$130,831 $99,517 $385,106 $288,186 
Long-term cash incentive compensation expense1,806 — 4,941 — 
Restricted share-based award compensation expense9,598 9,140 29,666 27,392 
Long-term incentive compensation awards11,404 9,140 34,607 27,392 
Total compensation and benefits$142,235 $108,657 $419,713 $315,578 
(1) Excluding long-term incentive compensation awards
Restricted Share-Based Award Activity
Weighted-Average Grant Date Fair ValueRestricted Stock Awards and Restricted Stock Units
Unvested at January 1, 2021$35.09 5,293,642 
Granted52.93 741,555 
Forfeited29.85 (98,197)
Vested31.53 (685,178)
Unvested at September 30, 2021
$38.17 5,251,822 
Nonvested Restricted Stock Shares Activity
Weighted-Average Grant Date Fair ValuePerformance Share Units
Unvested at January 1, 2021$52.45 60,000 
Granted68.58 75,230 
Forfeited— — 
Vested— — 
Unvested at September 30, 2021
$61.42 135,230 
Change in Value of Investments
 For the Three Months Ended September 30, For the Nine Months Ended September 30,
Statement of Operations SectionStatement of Operations Line Item 2021202020212020
Operating expenses Compensation and benefits$83 $— $297 $— 
Non-operating income (expense) Other net investment gain (loss)(356)— 2,117 —