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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUE        
Commissions $ 96,171 $ 101,636 $ 209,642 $ 204,885
Investment Advisory Fee Revenue 111,152 75,981 215,648 162,145
Investment banking 104,742 46,186 229,243 71,914
Proceeds from (Payments for) in Interest-bearing Deposits in Banks 3,712 7,122 7,720 25,948
Interest 8,909 6,220 17,575 17,110
Principal transactions, net 6,305 12,064 17,170 11,196
Other 9,302 15,521 16,577 6,302
Total revenue 340,293 264,730 713,575 499,500
EXPENSES        
Compensation and related expenses 231,140 179,594 486,741 337,270
Communications and technology 19,172 21,324 39,779 41,215
Occupancy and equipment costs 15,225 15,334 30,407 31,412
Clearing and exchange fees 5,155 6,191 11,430 11,850
Interest 2,448 2,890 5,095 9,440
Other 23,985 16,133 44,828 34,826
Total expenses 297,125 241,466 618,280 466,013
Operating Income (Loss) 43,168 23,264 95,295 33,487
Income Tax Expense (Benefit) 12,009 5,615 25,478 8,020
Net income attributable to Oppenheimer Holdings Inc. $ 31,159 $ 17,649 $ 69,817 $ 25,467
Earnings per share        
Net loss per share (in dollars per share) $ 2.46 $ 1.40 $ 5.53 $ 1.99
Earnings Per Share, Diluted [Abstract]        
Net loss per share (in dollars per share) $ 2.28 $ 1.34 $ 5.17 $ 1.92
Weighted average shares        
Basic (in shares) 12,689,191 12,640,463 12,634,464 12,768,096
Diluted (in shares) 13,681,146 13,124,655 13,495,589 13,269,494