XML 11 R39.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Fair Value Measurements - Narrative (Details) - USD ($) | 9 Months Ended |
--- | --- | ---
Sep. 30, 2015 | Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Auction rate securities related to settlements with regulators, outstanding | $ 75,000 |
Auction rate securities, firm purchased and hold | 101,900,000 |
Amount of ARS committed to purchase from clients | 9,500,000 |
Valuation adjustment (unrealized loss) for ARS | $ 5,869,000 |
Loans held for sale period (in days) | 60 days |
Maximum period held for sale (in days) | 90 days |
Book value of loan held for sale | $ 31,500,000 |
Loans held for sale, at fair value | $ 34,050,000 | $ 19,243,000
Forward or delayed delivery of the underlying instrument with settlement (in days) | 180 days |
Senior Secured Notes [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Interest rate | 8.75% |
Maximum [Member] | LIBOR or Treasury Yield [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Auction market preferred securities variable interest rate earned | 200.00% |
Auction Rate Securities [Member] | Fair Value, Valuation Scenario Two [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Change in discount rate | 0.50% |
Decrease in fair value of ARS | $ 2,000,000 |
Auction Rate Securities [Member] | Fair Value, Valuation Scenario One [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Change in discount rate | 0.25% |
Decrease in fair value of ARS | $ 1,000,000 |
Auction Rate Securities [Member] | Maximum [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Commitment to purchase ARS period maximum | 2017 |
Auction Rate Securities Purchase Commitment [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Valuation adjustment (unrealized loss) for ARS | $ 477,000 |
Mortgage Servicing Rights [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Permanent and construction loans , discount rate | 12.00% |
Continuous prepayment rate used up to loans prepayment penalty rate hit 4% | 0.00% |
Continuous prepayment rate | 4.00% |
Continuous prepayment rate vast majority range minimum | 10.00% |
Continuous prepayment rate vast majority range maximum | 15.00% |
Continuous prepayment rate vast majority range average rate | 12.00% |
Estimated future cost to service loans on an annual basis per loan, average | $ 1,250 |
Auction Rate Securities Owned [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Valuation adjustment (unrealized loss) for ARS | 5,392,000 |
Deferred Compensation, Share-based Payments [Member] | Corporate Equities Liabilities [Member] |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Fair value of the corporate equities that are included in securities owned | $ 13,400,000 | $ 15,700,000

X
- Definition The total amount of ARS the firm purchased and hold. + References No definition available. + Details
Name: | opy_AmountOfAuctionRateSecuritiesFirmPurchasedAndHold
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of ARS the firm committed to purchase from clients. + References No definition available. + Details
Name: | opy_AuctionRateSecuritiesCommittedToPurchaseFromClient
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Continuous prepayment rate used after specified loans prepayment penalty rate average. + References No definition available. + Details
Name: | opy_ContinuousPrepaymentRateUsedAfterSpecifiedLoansPrepaymentPenaltyRateAverage
Namespace Prefix: | opy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Continuous prepayment rate used after specified loans prepayment penalty rate maximum. + References No definition available. + Details
Name: | opy_ContinuousPrepaymentRateUsedAfterSpecifiedLoansPrepaymentPenaltyRateMaximum
Namespace Prefix: | opy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Continuous prepayment rate used after specified loans prepayment penalty rate minimum. + References No definition available. + Details
Name: | opy_ContinuousPrepaymentRateUsedAfterSpecifiedLoansPrepaymentPenaltyRateMinimum
Namespace Prefix: | opy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Continuous prepayment rate used before specified loans prepayment penalty rate. + References No definition available. + Details
Name: | opy_ContinuousPrepaymentRateUsedBeforeSpecifiedLoansPrepaymentPenaltyRate
Namespace Prefix: | opy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Estimated future cost to service loans on annual basis per loan average. + References No definition available. + Details
Name: | opy_EstimatedFutureCostToServiceLoansOnAnnualBasisPerLoanAverage
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair value of corporate equities that are included in securities owned. + References No definition available. + Details
Name: | opy_FairValueOfCorporateEquitiesThatAreIncludedInSecuritiesOwned
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Loan held for sale period. + References No definition available. + Details
Name: | opy_LoanHeldForSalePeriod
Namespace Prefix: | opy_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The carrying value, as of the balance sheet date, of loans held for sale. + References No definition available. + Details
Name: | opy_LoansHeldForSaleCarryingValue
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Loans prepayment penalty rate. + References No definition available. + Details
Name: | opy_LoansPrepaymentPenaltyRate
Namespace Prefix: | opy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loans Receivable Held for Sale, Maximum Period Held for Sale + References No definition available. + Details
Name: | opy_LoansReceivableHeldforSaleMaximumPeriodHeldforSale
Namespace Prefix: | opy_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum settlement period in case of delayed delivery of underlying instrument. + References No definition available. + Details
Name: | opy_MaximumSettlementPeriodInCaseOfDelayedDeliveryOfUnderlyingInstrument
Namespace Prefix: | opy_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Purchase Commitments Outstanding, Auction Rate Securities Related to Settlements with Regulators + References No definition available. + Details
Name: | opy_PurchaseCommitmentsOutstandingAuctionRateSecuritiesRelatedtoSettlementswithRegulators
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Securities committed to purchase period. + References No definition available. + Details
Name: | opy_SecuritiesCommittedToPurchasePeriod
Namespace Prefix: | opy_
Data Type: | xbrli:gYearItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sensitivity analysis of fair value of interests continued to be held by transferor servicing assets or liabilities change in discount rate. + References No definition available. + Details
Name: | opy_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesChangeInDiscountRate
Namespace Prefix: | opy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Valuation adjustment for the level 3 assets used for quantitative disclosure. + References No definition available. + Details
Name: | opy_ValuationAdjustmentForLevelThreeAssets
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The interest (or dividend) rates earned on action market preferred securities (on an annual basis or APY) for the period reported. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 + Details
Name: | us-gaap_AuctionMarketPreferredSecuritiesStockSeriesVariableInterestRateEarned
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueInputsDiscountRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after allowance for bad debt, of loan receivables held-for-sale that are not part of a disposal group. Excludes loans and leases covered under loss sharing agreements and loans classified as debt securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4428-111522 + Details
Name: | us-gaap_LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The hypothetical financial impact of a specified adverse percentage change in discount rate on the fair value of transferor's interests in transferred financial assets (including any servicing assets or servicing liabilities) as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51814546&loc=d3e107314-111719 + Details
Name: | us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfOtherThan10Or20PercentAdverseChangeInDiscountRate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=opy_LIBORorTreasuryYieldMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AuctionRateSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis=opy_FairValueValuationScenarioTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis=opy_FairValueValuationScenarioOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=opy_AuctionRateSecuritiesPurchaseCommitmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=opy_MortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SecurityOwnedAndSoldNotYetPurchasedAtFairValueAxis=opy_AuctionRateSecuritiesOwnedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis=us-gaap_DeferredCompensationShareBasedPaymentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SecurityOwnedAndSoldNotYetPurchasedAtFairValueAxis=opy_CorporateEquitiesLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |