XML 76 R62.htm IDEA: XBRL DOCUMENT
v3.22.4

Fair value measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
ASSETS |  |  |
Deposits with clearing organizations | $ 24,937 | $ 29,083 |
Securities owned |  |  |
Securities owned, at fair value | 498,594 | 634,504 | [1]
Securities owned and sold, fair value | 498,594 | 634,504 |
Investments | 7,068 | 12,970 |
Derivative contracts: |  |  |
Total | 532,361 | 676,649 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 52,768 | 71,958 | [1]
Derivative contracts: |  |  |
Derivative contracts | $ 1,805 | 368 |
Derivative Liability, Statement of Financial Position [Extensible Enumeration] | Accounts payable and other liabilities |  |
Total | $ 54,573 | 72,326 |
Money markets |  |  |
Securities owned |  |  |
Securities owned, at fair value | 0 | 31 |
Auction rate securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 31,776 | 31,804 |
TBAs |  |  |
Derivative contracts: |  |  |
Derivative contracts, total | 1,762 | 92 |
Derivative contracts: |  |  |
Derivative contracts | 1,761 | 81 |
Futures |  |  |
Derivative contracts: |  |  |
Derivative contracts | 44 | 287 |
U.S. Treasury securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 362,815 | 505,875 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 25,006 | 42,298 |
U.S. Agency securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 6,012 | 5,622 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 3 | 4 |
Sovereign obligations |  |  |
Securities owned |  |  |
Securities owned, at fair value | 9,502 | 1,494 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 9,048 |  |
Corporate debt and other obligations |  |  |
Securities owned |  |  |
Securities owned, at fair value | 9,844 | 8,111 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 2,905 | 2,515 |
Mortgage and other asset-backed securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 1,882 | 3,889 |
Municipal obligations |  |  |
Securities owned |  |  |
Securities owned, at fair value | 30,126 | 18,520 |
Convertible bonds |  |  |
Securities owned |  |  |
Securities owned, at fair value | 21,800 | 13,778 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 4,428 | 8,462 |
Corporate equities | Corporate equities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 24,837 | 45,380 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 11,378 | 18,679 |
Level 1 |  |  |
ASSETS |  |  |
Deposits with clearing organizations | 24,937 | 29,083 |
Securities owned |  |  |
Securities owned, at fair value | 387,652 | 551,286 |
Derivative contracts: |  |  |
Total | 412,589 | 580,369 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 36,384 | 60,977 |
Derivative contracts: |  |  |
Derivative contracts | 44 | 287 |
Total | 36,428 | 61,264 |
Level 1 | Money markets |  |  |
Securities owned |  |  |
Securities owned, at fair value | 0 | 31 |
Level 1 | Futures |  |  |
Derivative contracts: |  |  |
Derivative contracts | 44 | 287 |
Level 1 | U.S. Treasury securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 362,815 | 505,875 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 25,006 | 42,298 |
Level 1 | Corporate equities | Corporate equities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 24,837 | 45,380 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 11,378 | 18,679 |
Level 2 |  |  |
ASSETS |  |  |
Deposits with clearing organizations | 0 |  |
Securities owned |  |  |
Securities owned, at fair value | 79,166 | 51,414 |
Investments | 7,068 | 12,970 |
Derivative contracts: |  |  |
Total | 87,996 | 64,476 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 16,384 | 10,981 |
Derivative contracts: |  |  |
Derivative contracts | 1,761 | 81 |
Total | 18,145 | 11,062 |
Level 2 | Auction rate securities |  |  |
Securities owned |  |  |
Securities owned, at fair value |  | 0 |
Level 2 | TBAs |  |  |
Derivative contracts: |  |  |
Derivative contracts, total | 1,762 | 92 |
Derivative contracts: |  |  |
Derivative contracts | 1,761 | 81 |
Level 2 | U.S. Agency securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 6,012 | 5,622 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 3 | 4 |
Level 2 | Sovereign obligations |  |  |
Securities owned |  |  |
Securities owned, at fair value | 9,502 | 1,494 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 9,048 |  |
Level 2 | Corporate debt and other obligations |  |  |
Securities owned |  |  |
Securities owned, at fair value | 9,844 | 8,111 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 2,905 | 2,515 |
Level 2 | Mortgage and other asset-backed securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | 1,882 | 3,889 |
Level 2 | Municipal obligations |  |  |
Securities owned |  |  |
Securities owned, at fair value | 30,126 | 18,520 |
Level 2 | Convertible bonds |  |  |
Securities owned |  |  |
Securities owned, at fair value | 21,800 | 13,778 |
Securities sold, but not yet purchased |  |  |
Securities sold but not yet purchased, at fair value | 4,428 | 8,462 |
Level 3 |  |  |
ASSETS |  |  |
Deposits with clearing organizations | 0 |  |
Securities owned |  |  |
Securities owned, at fair value | 31,776 | 31,804 |
Derivative contracts: |  |  |
Total | 31,776 | 31,804 |
Derivative contracts: |  |  |
Derivative contracts | 0 | 0 |
Total | 0 | 0 |
Level 3 | Auction rate securities |  |  |
Securities owned |  |  |
Securities owned, at fair value | $ 31,776 | $ 31,804 |
[1] | (1) Certain prior period reported amounts were reclassified to conform to the current period presentation, See Note 2.

X
- Definition Deposits with clearing organizations fair value. + References No definition available. + Details
Name: | opy_DepositsWithClearingOrganizationsFairValue
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Disclosure schedule of fair values of outstanding derivative contracts recorded as assets. + References No definition available. + Details
Name: | opy_DisclosureScheduleOfFairValuesOfOutstandingDerivativeContractsRecordedAsAssetsAbstract
Namespace Prefix: | opy_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure schedule of fair values of outstanding derivative contracts recorded as liabilities. + References No definition available. + Details
Name: | opy_DisclosureScheduleOfFairValuesOfOutstandingDerivativeContractsRecordedAsLiabilitiesAbstract
Namespace Prefix: | opy_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Securities Owned and Sold, Not yet Purchased, at Fair Value, Security Owned, Including Disposal Group Securities Owned + References No definition available. + Details
Name: | opy_SecuritiesOwnedandSoldNotyetPurchasedatFairValueSecurityOwnedIncludingDisposalGroupSecuritiesOwned
Namespace Prefix: | opy_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_AssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_AssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other 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 assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://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 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 + Details
Name: | us-gaap_DerivativeLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Indicates line item in statement of financial position that includes derivative liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsSoldNotYetPurchasedAtFairValueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentOwnedBalanceAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(h)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
Name: | us-gaap_Investments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of financial and nonfinancial obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_LiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of financial instruments held by a broker-dealer for their own account (proprietary securities) for trading or investment purposes determined by management based upon quoted prices of a financial instrument with similar characteristics or on a valuation technique or model. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=35711157&loc=d3e42546-110969 + Details
Name: | us-gaap_SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of financial instruments sold short by a broker-dealer for their own account (proprietary securities) for trading or investment purposes determined by management based upon quoted prices of a financial instrument with similar characteristics or on a valuation technique or model. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=35711157&loc=d3e42546-110969 + Details
Name: | us-gaap_SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

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

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=opy_ToBeAnnouncedSecurityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_FutureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_USTreasurySecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_SovereignDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_CorporateDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_CollateralizedMortgageObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_MunicipalNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_ConvertibleDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=opy_CorporateEquitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |