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Condensed Consolidated Statements of Operations (USD $)
3 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues    
Commissions $ 16,041,000 $ 13,203,000
Net dealer inventory gains 2,601,000 3,076,000
Investment banking 2,055,000 4,756,000
Total commission and fee revenues 20,697,000 21,035,000
Interest and dividends 1,047,000 702,000
Transfer fees and clearing services 2,008,000 1,829,000
Investment advisory fees and other income 2,694,000 1,832,000
Total Revenues 26,446,000 25,398,000
Operating Expenses    
Commissions, compensation, and fees 22,835,000 22,730,000
Clearing fees 422,000 461,000
Communications 1,119,000 1,200,000
Occupancy, equipment and other administrative costs 770,000 861,000
Professional fees 771,000 531,000
Interest 165,000 276,000
Taxes, licenses and registration 408,000 360,000
Total Operating Expenses 26,490,000 26,419,000
Net Loss from Operations - before non-controlling interest (44,000) (1,021,000)
Non-controlling interest (3,000) (12,000)
Net loss (41,000) (1,009,000)
Preferred stock dividends   (93,000)
Net loss attributable to common stockholders $ (41,000) $ (1,102,000)
LOSS PER COMMON SHARE    
Net loss attributable to common stockholders: Basic (in Dollars per share) $ 0.00 $ (0.05)
Net loss attributable to common stockholders: Diluted (in Dollars per share) $ 0.00 $ (0.05)
Weighted average number of shares outstanding: Basic (in Shares) 26,567,193 21,646,902
Weighted average number of shares outstanding: Diluted (in Shares) 26,567,193 21,646,902