Note 8 - Securities Owned and Securities Sold, But Note Yet Purchased at Fair Value - 10Q (Tables)

3 Months Ended

Mar. 31, 2013

Securities Owned And Securities Sold But Not Yet Purchased At Fair Value [Text Block]

Schedule of Securities Owned and Sold, Not yet Purchased, at Fair Value [Table Text Block]

Fair Value Measurements As of March 31, 2013
Securities owned at fair value	Level 1		Level 2		Level 3		Total
Corporate stocks	$	53,000		146,000		-	$	199,000
Government obligations		2,019,000		-		-		2,019,000
Restricted stock and warrants		-		277,000		-		277,000
	$	2,072,000	$	423,000	$	-	$	2,495,000

Securities sold, but not yet purchased at fair value	Level 1		Level 2		Level 3		Total
Corporate stocks	$	11,000		-		-	$	11,000
Government obligations		202,000		-		-		202,000
	$	213,000	$	-	$	-	$	213,000

As of September 30, 2012
Securities owned at fair value	Level 1		Level 2		Level 3		Total
Corporate stocks	$	18,000		-		-	$	18,000
Government obligations		678,000		-		-		678,000
Restricted stock		-		56,000		-		56,000
	$	696,000	$	56,000	$	-	$	752,000

Securities sold, but not yet purchased at fair value	Level 1		Level 2		Level 3		Total
Corporate stocks	$	1,000		-		-	$	1,000
Government obligations		-		-		-		-
Restricted stock		-		-		-		-
	$	1,000	$	-	$	-	$	1,000