v3.26.1
Financial Instruments and Other Inventory Positions - Unrealized Gains/(Losses) on Derivative Instruments (Details) - Not Designated as Hedging Instrument - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative Instruments, Gain (Loss)        
Unrealized gains/(losses) on derivative instruments $ 240 $ (1,020) $ 3,542 $ 224
Interest rate derivate contract | Income Statement Location [Axis]: us-gaap:InvestmentBankingRevenue        
Derivative Instruments, Gain (Loss)        
Unrealized gains/(losses) on derivative instruments (62) (25) (104) (25)
Interest rate derivate contract | Income Statement Location [Axis]: pipr:InstitutionalBrokerageRevenue        
Derivative Instruments, Gain (Loss)        
Unrealized gains/(losses) on derivative instruments $ 302 $ (995) $ 3,646 $ 249