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Consolidation - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Assets |  |
Cash equivalents | $ 187,255 | $ 158,596
Total assets measured at fair value | 256,969 | 226,606
Level 1 |  |
Assets |  |
Cash equivalents | 187,255 | 158,596
Total assets measured at fair value | 256,953 | 222,484
Level 2 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 16 | 0
Level 3 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 0 | 4,122
Consolidated investment products | Fair Value, Measurements, Recurring |  |
Assets |  |
Cash equivalents | 97,130 | 51,363
Total assets measured at fair value | 2,127,240 | 1,800,931
Liabilities |  |
Notes payable | 1,834,535 | 1,620,260
Short sales | 430 | 707
Total liabilities measured at fair value | 1,834,965 | 1,620,967
Consolidated investment products | Fair Value, Measurements, Recurring | Debt investments |  |
Assets |  |
Investments and bank loans | 2,013,034 | 1,736,868
Consolidated investment products | Fair Value, Measurements, Recurring | Equity securities |  |
Assets |  |
Investments and bank loans | 17,076 | 12,700
Consolidated investment products | Fair Value, Measurements, Recurring | Level 1 |  |
Assets |  |
Cash equivalents | 97,130 | 51,363
Total assets measured at fair value | 113,220 | 69,369
Liabilities |  |
Notes payable | 0 | 0
Short sales | 430 | 707
Total liabilities measured at fair value | 430 | 707
Consolidated investment products | Fair Value, Measurements, Recurring | Level 1 | Debt investments |  |
Assets |  |
Investments and bank loans | 218 | 5,306
Consolidated investment products | Fair Value, Measurements, Recurring | Level 1 | Equity securities |  |
Assets |  |
Investments and bank loans | 15,872 | 12,700
Consolidated investment products | Fair Value, Measurements, Recurring | Level 2 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 1,973,598 | 1,724,714
Liabilities |  |
Notes payable | 1,834,535 | 1,620,260
Short sales | 0 | 0
Total liabilities measured at fair value | 1,834,535 | 1,620,260
Consolidated investment products | Fair Value, Measurements, Recurring | Level 2 | Debt investments |  |
Assets |  |
Investments and bank loans | 1,973,427 | 1,724,714
Consolidated investment products | Fair Value, Measurements, Recurring | Level 2 | Equity securities |  |
Assets |  |
Investments and bank loans | 171 | 0
Consolidated investment products | Fair Value, Measurements, Recurring | Level 3 |  |
Assets |  |
Cash equivalents | 0 | 0
Total assets measured at fair value | 40,422 | 6,848
Liabilities |  |
Notes payable | 0 | 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 and bank loans | 39,389 | 6,848
Consolidated investment products | Fair Value, Measurements, Recurring | Level 3 | Equity securities |  |
Assets |  |
Investments and bank loans | $ 1,033 | $ 0

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