Quarterly report pursuant to Section 13 or 15(d)

Notes Payable - Narrative (Details)

v3.19.2
Notes Payable - Narrative (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
May 29, 2019
Mar. 06, 2019
Dec. 24, 2018
Aug. 09, 2018
Jun. 22, 2018
May 22, 2018
Dec. 12, 2017
Nov. 21, 2017
Jun. 30, 2018
Feb. 28, 2018
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Apr. 30, 2019
Feb. 06, 2019
Nov. 15, 2018
Nov. 01, 2018
Aug. 31, 2018
Line of Credit Facility [Line Items]                                        
Notes payable, debt issuance costs                     $ 8,633,000   $ 8,633,000   $ 7,086,000          
Commissions                     179,752,000 $ 180,381,000 346,681,000 $ 343,667,000            
Long-term debt                     $ 316,416,000   $ 316,416,000   254,072,000          
Shares authorized for repurchase (in shares) (up to)                               37,500,000        
6.5% Senior notes | Senior Notes                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt             $ 76,569,000 $ 72,500,000                        
Interest rate               6.50%     6.50%   6.50%              
Redemption percentage               100.00%                        
Option to exercise amount             4,069,000                          
Notes payable, debt issuance costs             3,313,000                          
Commissions             $ 1,187,000                          
Debt sold                   $ 25,000,000         $ 6,240,000          
Commissions receivable, percentage                   2.00%                    
7% Senior Notes | Senior Notes                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt         $ 41,412,000 $ 40,000,000                            
Interest rate           7.00%         7.00%   7.00%   7.00%          
Redemption percentage           100.00%                            
Option to exercise amount         1,412,000                              
Notes payable, debt issuance costs         2,020,000                              
Commissions         $ 464,000                              
Debt sold                 $ 25,000,000           $ 2,729,000          
Commissions receivable, percentage           2.00%                            
Long-term debt                             1,622,000          
7.25% Senior Notes | Senior Notes                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt       $ 60,000,000                                
Interest rate       7.25%             7.25%   7.25%              
Redemption percentage       100.00%                                
Notes payable, debt issuance costs       $ 2,135,000                                
Commissions       120,000                                
Proceeds from issuance of debt       $ 60,000,000                                
7.75% Senior Notes | Senior Notes                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt $ 57,500,000                                      
Interest rate 7.75%                   7.75%   7.75%              
Redemption percentage 100.00%                                      
Notes payable, debt issuance costs $ 1,967,000                                      
Proceeds from issuance of debt $ 57,500,000                                      
Notes payable to Kestler Financial Group's former shareholders | Notes Payable | Kestler Financial Group                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt                                       $ 5,450,000
Interest rate                                       4.00%
Notes payable to Four Seasons Financial Group's former shareholders | Notes Payable | Four Seasons Financial Group                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt                                     $ 372,000  
Interest rate                                   4.75% 3.99%  
Bank Term Loan | Securities America | Term Loan                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt                                 $ 7,000,000      
Interest rate                                 5.52%      
Interest expense on note                         $ 124,000              
Long-term debt                     $ 6,277,000   6,277,000              
Monthly payments   $ 212,000                                    
Management and board of directors | 6.5% Senior notes | Senior Notes                                        
Line of Credit Facility [Line Items]                                        
Notes purchased by directors               $ 10,400,000                        
Fair Value | Level 2                                        
Line of Credit Facility [Line Items]                                        
Notes payable, net                     $ 333,863,000   $ 333,863,000   $ 266,844,000          
Repurchase Agreement | 7.25% Senior Notes | Senior Notes                                        
Line of Credit Facility [Line Items]                                        
Face amount of debt     $ 76,350,000                                  
Interest rate     7.25%                                  
Repurchase Agreement | Notes Payable to Frost former shareholders | Notes Payable                                        
Line of Credit Facility [Line Items]                                        
Interest rate                             7.25%          
Redemption percentage                         100.00%              
Shares authorized for repurchase (in shares) (up to)     50,900,000                                  
Share price (in USD per share)     $ 2.50                                  
Cash used in transaction     $ 50,900,000                                  
Shares of common stock canceled (in shares)     3,610,000                                  
Cash exchanged for cancellation     $ 3,000,000