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Consolidation - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017
--- | --- | ---
Assets |  |
Cash equivalents | $ 138,301 | $ 72,993
Total assets measured at fair value | 213,083 | 169,462
Level 1 |  |
Assets |  |
Cash equivalents | 138,301 | 72,993
Total assets measured at fair value | 208,040 | 146,123
Level 2 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 0 | 18,900
Level 3 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 5,043 | 4,439
Consolidated investment products | Fair Value, Measurements, Recurring |  |
Assets |  |
Cash equivalents | 49,329 | 82,769
Total assets measured at fair value | 1,840,708 | 1,680,521
Liabilities |  |
Notes payable | 1,608,735 | 1,457,435
Derivatives |  | 2
Short sales | 661 | 719
Total liabilities measured at fair value | 1,609,396 | 1,458,156
Consolidated investment products | Fair Value, Measurements, Recurring | Debt investments |  |
Assets |  |
Investments | 1,757,556 | 1,561,732
Consolidated investment products | Fair Value, Measurements, Recurring | Equity securities |  |
Assets |  |
Investments | 33,823 | 36,020
Consolidated investment products | Fair Value, Measurements, Recurring | Level 1 |  |
Assets |  |
Cash equivalents | 49,329 | 82,769
Total assets measured at fair value | 80,326 | 117,895
Liabilities |  |
Notes payable | 0 | 0
Derivatives |  | 2
Short sales | 661 | 719
Total liabilities measured at fair value | 661 | 721
Consolidated investment products | Fair Value, Measurements, Recurring | Level 1 | Debt investments |  |
Assets |  |
Investments | 0 | 0
Consolidated investment products | Fair Value, Measurements, Recurring | Level 1 | Equity securities |  |
Assets |  |
Investments | 30,997 | 35,126
Consolidated investment products | Fair Value, Measurements, Recurring | Level 2 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 1,759,378 | 1,527,845
Liabilities |  |
Notes payable | 1,608,735 | 1,457,435
Derivatives |  | 0
Short sales | 0 | 0
Total liabilities measured at fair value | 1,608,735 | 1,457,435
Consolidated investment products | Fair Value, Measurements, Recurring | Level 2 | Debt investments |  |
Assets |  |
Investments | 1,756,552 | 1,527,845
Consolidated investment products | Fair Value, Measurements, Recurring | Level 2 | Equity securities |  |
Assets |  |
Investments | 2,826 | 0
Consolidated investment products | Fair Value, Measurements, Recurring | Level 3 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 1,004 | 34,781
Liabilities |  |
Notes payable | 0 | 0
Derivatives |  | 0
Short sales | 0 | 0
Total liabilities measured at fair value | 0 | 0
Consolidated investment products | Fair Value, Measurements, Recurring | Level 3 | Debt investments |  |
Assets |  |
Investments | 1,004 | 33,887
Consolidated investment products | Fair Value, Measurements, Recurring | Level 3 | Equity securities |  |
Assets |  |
Investments | $ 0 | $ 894

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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13433-108611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 + Details
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