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Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Deposits with clearing organizations $ 29,994 $ 23,991
Securities owned    
Securities owned, at fair value 544,062 610,517
Securities Owned and Sold, Not yet Purchased, at Fair Value, Security Owned, Including Disposal Group Securities Owned 544,062 610,517
Investments 4,709 4,181
Investments 4,960 4,836
Derivative contracts    
Derivative contracts, total 180  
Total 578,945 638,704
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 112,838 126,171
Derivative contracts:    
Derivative contracts 747 220
Total 113,585 126,391
Auction Rate Securities Purchase Commitment    
Derivative contracts:    
Derivative contracts 66 195
Equity Securities [Member]    
Securities owned    
Securities owned, at fair value 48,540 36,554
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 31,485 17,892
Money Market Funds [Member]    
Securities owned    
Securities owned, at fair value 408 200
Auction rate securities    
Securities owned    
Securities owned, at fair value 31,422 30,701
U.S. Treasury securities    
Securities owned    
Securities owned, at fair value 369,604 448,312
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 60,021 93,261
US Government Agencies Debt Securities [Member]    
Securities owned    
Securities owned, at fair value 15,060 24,616
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 7 9
Sovereign obligations    
Securities owned    
Securities owned, at fair value 8,713 367
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 7,187 623
Corporate debt and other obligations    
Securities owned    
Securities owned, at fair value 20,621 23,977
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 7,398 5,283
Mortgage and other asset-backed securities    
Securities owned    
Securities owned, at fair value 3,112 3,103
Municipal obligations    
Securities owned    
Securities owned, at fair value 23,270 25,190
Convertible bonds    
Securities owned    
Securities owned, at fair value 23,312 17,497
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 6,739  
Mortgage Backed Securities, Other    
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 1  
Level 1    
ASSETS    
Deposits with clearing organizations 29,994 23,991
Securities owned    
Securities owned, at fair value 418,552 485,066
Derivative contracts    
Derivative contracts, total 144  
Total 448,690 509,057
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 91,506 111,153
Derivative contracts:    
Derivative contracts 646 22
Total 92,152 111,175
Level 1 | Corporate equities    
Securities owned    
Securities owned, at fair value 48,540 36,554
Level 1 | Money markets    
Securities owned    
Securities owned, at fair value 408 200
Level 1 | Auction rate securities    
Securities owned    
Securities owned, at fair value 0  
Level 1 | U.S. Treasury securities    
Securities owned    
Securities owned, at fair value 369,604 448,312
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 60,021 93,261
Level 1 | US Government Agencies Debt Securities [Member]    
Securities owned    
Securities owned, at fair value 0 0
Level 1 | Corporate debt and other obligations    
Securities owned    
Securities owned, at fair value 0  
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 0  
Level 1 | Equity Securities [Member]    
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 31,485 17,892
Level 2    
Securities owned    
Securities owned, at fair value 94,088 94,750
Investments 4,709 4,181
Derivative contracts    
Derivative contracts, total 36  
Total 98,833 98,946
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 21,332 15,018
Derivative contracts:    
Derivative contracts 35 3
Total 21,367 15,021
Level 2 | Auction Rate Securities Purchase Commitment    
Derivative contracts:    
Derivative contracts 0 0
Level 2 | Auction rate securities    
Securities owned    
Securities owned, at fair value 0 0
Level 2 | US Government Agencies Debt Securities [Member]    
Securities owned    
Securities owned, at fair value 15,060 24,616
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 7 9
Level 2 | Sovereign obligations    
Securities owned    
Securities owned, at fair value 8,713 367
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 7,187 623
Level 2 | Corporate debt and other obligations    
Securities owned    
Securities owned, at fair value 20,621 23,977
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 7,398 5,283
Level 2 | Mortgage and other asset-backed securities    
Securities owned    
Securities owned, at fair value 3,112 3,103
Level 2 | Municipal obligations    
Securities owned    
Securities owned, at fair value 23,270 25,190
Level 2 | Convertible bonds    
Securities owned    
Securities owned, at fair value 23,312 17,497
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 6,739  
Level 2 | Mortgage Backed Securities, Other    
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 1  
Level 3    
Securities owned    
Securities owned, at fair value 31,422 30,701
Investments 0  
Derivative contracts    
Total 31,422 30,701
Securities sold, but not yet purchased    
Securities sold but not yet purchased, at fair value 0  
Derivative contracts:    
Derivative contracts 66 195
Total 66 195
Level 3 | Auction Rate Securities Purchase Commitment    
Derivative contracts:    
Derivative contracts 66 195
Level 3 | Auction rate securities    
Securities owned    
Securities owned, at fair value 31,422 30,701
Level 3 | Municipal obligations    
Securities owned    
Securities owned, at fair value   0
TBAs    
Derivative contracts    
Derivative contracts, total 36 15
Derivative contracts:    
Derivative contracts 35 3
TBAs | Level 2    
Derivative contracts    
Derivative contracts, total 36 15
Derivative contracts:    
Derivative contracts 35 3
Future [Member]    
Derivative contracts:    
Derivative contracts 11 22
Future [Member] | Level 1    
Derivative contracts:    
Derivative contracts 11 $ 22
Purchase Commitment    
Derivative contracts    
Derivative contracts, total 144  
Derivative contracts:    
Derivative contracts 635  
Purchase Commitment | Level 1    
Derivative contracts    
Derivative contracts, total 144  
Derivative contracts:    
Derivative contracts $ 635