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SECURITIES AND OTHER INVESTMENTS OWNED AND SECURITIES SOLD NOT YET PURCHASED - Additional information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]          
Equity securities, FV-NI, unrealized gain (loss) $ 2,404 $ 2,855 $ 98,394 $ (13,127)  
Other Equity Investments          
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]          
Equity method investments, fair value $ 19,903   $ 19,903   $ 19,835
B&W          
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]          
Rate of equity interests 19.00%   19.00%   25.00%
Equity method investments, fair value $ 386,996   $ 386,996   $ 174,011