0001060349-15-000025.txt : 20151105 0001060349-15-000025.hdr.sgml : 20151105 20151104183829 ACCESSION NUMBER: 0001060349-15-000025 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151105 DATE AS OF CHANGE: 20151104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GAMCO INVESTORS, INC. ET AL CENTRAL INDEX KEY: 0001060349 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 134007862 STATE OF INCORPORATION: DE FISCAL YEAR END: 0923 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-14761 FILM NUMBER: 151198320 BUSINESS ADDRESS: STREET 1: ONE CORPORATE CENTER STREET 2: 401 THEODORE FREMD AVENUE CITY: RYE STATE: NY ZIP: 10580 BUSINESS PHONE: 9149213700 MAIL ADDRESS: STREET 1: ONE CORPORATE CENTER STREET 2: 401 THEODORE FREMD AVENUE CITY: RYE STATE: NY ZIP: 10580 FORMER COMPANY: FORMER CONFORMED NAME: GABELLI ASSET MANAGEMENT INC DATE OF NAME CHANGE: 19990112 FORMER COMPANY: FORMER CONFORMED NAME: ALPHA G INC DATE OF NAME CHANGE: 19980423 10-Q 1 form10q0915.htm FORM10Q92015  
SECURITIES & EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q

(Mark One)

               QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2015
or
                  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___ to ___

Commission File No. 001-14761

GAMCO INVESTORS, INC.
(Exact name of Registrant as specified in its charter)

Delaware
 
13-4007862
(State of other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)
     
One Corporate Center, Rye, NY
 
10580-1422
(Address of principle executive offices)
 
(Zip Code)

(914) 921-3700
Registrant's telephone number, including area code
 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes   No 
 
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
Yes  No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer", "accelerated filer", and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer
 
Accelerated filer
     
Non-accelerated filer
 
Smaller reporting company
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes             No 
 
Indicate the number of shares outstanding of each of the Registrant's classes of Common Stock, as of the latest practical date.
Class
 
Outstanding at October 31, 2015
Class A Common Stock, .001 par value
  (Including 556,100 restricted stock awards)
6,247,452
Class B Common Stock, .001 par value
 
19,196,792



INDEX
 
GAMCO INVESTORS, INC. AND SUBSIDIARIES
 
 
 
 
PART I.
FINANCIAL INFORMATION
 
 
 
 
 
Item 1.
Unaudited Condensed Consolidated Financial Statements
 
 
 
Condensed Consolidated Statements of Income:
 
-    Three months ended March 31, 2015 and 2014
 
-    Nine months ended September 30, 2015 and 2014
 
 
 
Condensed Consolidated Statements of Comprehensive Income:
 
-    Three months ended March 31, 2015 and 2014
 
-    Nine months ended September 30, 2015 and 2014
   
 
Condensed Consolidated Statements of Financial Condition:
 
-    September 30, 2015
 
-    December 31, 2014
 
-    September 30, 2014
 
 
 
Condensed Consolidated Statements of Equity:
 
-    Nine months ended September 30, 2015 and 2014
 
 
 
Condensed Consolidated Statements of Cash Flows:
 
-    Nine months ended September 30, 2015 and 2014
 
 
 
Notes to Unaudited Condensed Consolidated Financial Statements
 
 
Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
 
 
Item 3.
Quantitative and Qualitative Disclosures About Market Risk (Included in Item 2)
 
 
Item 4.
Controls and Procedures
 
 
PART II.
OTHER INFORMATION
 
 
 
Item 1.
Legal Proceedings
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
Item 6.
Exhibits

SIGNATURES
 


2


GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
UNAUDITED
(Dollars in thousands, except per share data)

 
 
Three Months Ended
   
Nine Months Ended
 
   
September 30,
   
September 30,
 
 
 
2015
   
2014
   
2015
   
2014
 
Revenues
 
   
         
Investment advisory and incentive fees
 
$
82,182
   
$
92,591
   
$
257,563
   
$
270,544
 
Distribution fees and other income
   
12,301
     
15,727
     
39,402
     
46,367
 
Institutional research services
   
2,063
     
2,540
     
6,130
     
6,720
 
Total revenues
   
96,546
     
110,858
     
303,095
     
323,631
 
Expenses
                               
Compensation
   
39,731
     
43,316
     
127,627
     
131,258
 
Management fee
   
2,682
     
3,756
     
11,360
     
13,628
 
Distribution costs
   
12,344
     
15,101
     
39,747
     
44,087
 
Other operating expenses
   
5,593
     
5,099
     
19,271
     
17,036
 
Total expenses
   
60,350
     
67,272
     
198,005
     
206,009
 
 
                               
Operating income
   
36,196
     
43,586
     
105,090
     
117,622
 
Other income (expense)
                               
Net gain/(loss) from investments
   
(11,467
)
   
(9,086
)
   
(614
)
   
7,468
 
Interest and dividend income
   
884
     
1,084
     
3,227
     
3,557
 
Interest expense
   
(1,917
)
   
(1,987
)
   
(5,899
)
   
(6,000
)
Total other income/(expense), net
   
(12,500
)
   
(9,989
)
   
(3,286
)
   
5,025
 
Income before income taxes
   
23,696
     
33,597
     
101,804
     
122,647
 
Income tax provision
   
9,245
     
13,045
     
38,547
     
44,796
 
Net income
   
14,451
     
20,552
     
63,257
     
77,851
 
Net loss attributable to noncontrolling interests
   
(518
)
   
(3,113
)
   
(589
)
   
(2,718
)
Net income attributable to GAMCO Investors, Inc.'s shareholders
 
$
14,969
   
$
23,665
   
$
63,846
   
$
80,569
 
 
                               
Net income attributable to GAMCO Investors, Inc.'s shareholders per share:
                               
Basic
 
$
0.60
   
$
0.94
   
$
2.55
   
$
3.17
 
 
                               
Diluted
 
$
0.59
   
$
0.93
   
$
2.52
   
$
3.15
 
 
                               
Weighted average shares outstanding:
                               
Basic
   
24,947
     
25,296
     
25,047
     
25,385
 
 
                               
Diluted
   
25,241
     
25,517
     
25,337
     
25,595
 
 
                               
Dividends declared:
 
$
0.07
   
$
0.06
   
$
0.21
   
$
0.18
 

See accompanying notes.
3


GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
UNAUDITED
(Dollars in thousands, except per share data)

   
Three Months Ended
   
Nine Months Ended
 
   
September 30,
   
September 30,
 
   
2015
   
2014
   
2015
   
2014
 
                 
Net income
 
$
14,451
   
$
20,552
   
$
63,257
   
$
77,851
 
Other comprehensive income/(loss), net of tax:
                               
Foreign currency translation
   
(35
)
   
(45
)
   
(22
)
   
(15
)
Net unrealized losses on securities available for sale (a)
   
(6,696
)
   
(2,407
)
   
(7,417
)
   
(6,832
)
Other comprehensive income / (loss)
   
(6,731
)
   
(2,452
)
   
(7,439
)
   
(6,847
)
                                 
Comprehensive income
   
7,720
     
18,100
     
55,818
     
71,004
 
Less: Comprehensive loss attributable to noncontrolling interests
   
(518
   
(3,113
   
(589
   
(2,718
                                 
Comprehensive income attributable to GAMCO Investors, Inc.
 
$
8,238
   
$
21,213
   
$
56,407
   
$
73,722
 

(a) Net of income tax benefit of ($3,932), ($1,414), ($4,356) and ($4,013),respectively.

See accompanying notes.
4


GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
UNAUDITED
(Dollars in thousands, except per share data)

 
 
September 30,
   
December 31,
   
September 30,
 
   
2015
   
2014
   
2014
 
ASSETS
 
   
   
 
Cash and cash equivalents
 
$
425,616
   
$
298,224
   
$
358,421
 
Investments in securities
   
126,917
     
259,537
     
254,630
 
Investments in sponsored registered investment companies
   
115,046
     
39,537
     
39,520
 
Investments in partnerships
   
101,025
     
107,637
     
107,434
 
Receivable from brokers
   
52,918
     
76,079
     
79,885
 
Investment advisory fees receivable
   
28,629
     
41,872
     
31,155
 
Income tax receivable
   
2,409
     
2,477
     
2,433
 
Other assets
   
20,109
     
41,067
     
25,282
 
Total assets
 
$
872,669
   
$
866,430
   
$
898,760
 
 
                       
LIABILITIES AND EQUITY
                       
Payable to brokers
 
$
49,074
   
$
43,409
   
$
46,790
 
Income taxes payable and deferred tax liabilities
   
10,529
     
27,939
     
27,412
 
Capital lease obligation
   
5,191
     
5,253
     
5,272
 
Compensation payable
   
88,747
     
39,983
     
93,535
 
Securities sold, not yet purchased
   
5,577
     
10,595
     
14,180
 
Mandatorily redeemable noncontrolling interests
   
1,257
     
1,302
     
1,304
 
Accrued expenses and other liabilities
   
34,246
     
29,657
     
31,007
 
Sub-total
   
194,621
     
158,138
     
219,500
 
 
                       
5.875% Senior notes (due June 1, 2021)
   
100,000
     
100,000
     
100,000
 
Zero coupon subordinated debentures, Face value: $6.9 million at September 30, 2015, $13.1
                       
    million at December 31, 2014 and $13.1 million at September 30, 2014 (due December 31, 2015)
   
6,750
     
12,163
     
11,941
 
Total liabilities
   
301,371
     
270,301
     
331,441
 
 
                       
Redeemable noncontrolling interests
   
6,018
     
68,334
     
56,086
 
Commitments and contingencies (Note J)
                       
Equity
                       
GAMCO Investors, Inc. stockholders' equity
                       
Preferred stock, $.001 par value; 10,000,000 shares authorized;
                       
    none issued and outstanding
                       
Class A Common Stock, $0.001 par value; 100,000,000 shares authorized;
                       
   15,387,701, 15,341,433 and 15,230,433 issued, respectively; 6,340,992,
                       
   6,616,212 and 6,599,982 outstanding, respectively
   
14
     
14
     
14
 
Class B Common Stock, $0.001 par value; 100,000,000 shares authorized;
                       
   24,000,000 shares issued; 19,196,792, 19,239,260 and 19,279,260 shares
                       
   outstanding, respectively
   
19
     
19
     
19
 
Additional paid-in capital
   
299,769
     
291,681
     
289,664
 
Retained earnings
   
661,415
     
602,950
     
582,357
 
Accumulated other comprehensive income
   
17,575
     
25,014
     
23,392
 
Treasury stock, at cost (9,046,709, 8,725,221 and 8,630,451 shares, respectively)
   
(416,147
)
   
(394,617
)
   
(386,952
)
Total GAMCO Investors, Inc. stockholders' equity
   
562,645
     
525,061
     
508,494
 
Noncontrolling interests
   
2,635
     
2,734
     
2,739
 
Total equity
   
565,280
     
527,795
     
511,233
 
 
                       
Total liabilities and equity
 
$
872,669
   
$
866,430
   
$
898,760
 

See accompanying notes.
5


GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
UNAUDITED
(In thousands)

For the Nine months ended September 30, 2015

       
GAMCO Investors, Inc. stockholders
     
                   
Accumulated
             
           
Additional
       
Other
           
Redeemable
 
   
Noncontrolling
   
Common
   
Paid-in
   
Retained
   
Comprehensive
   
Treasury
       
Noncontrolling
 
   
Interests
   
Stock
   
Capital
   
Earnings
   
Income
   
Stock
   
Total
   
Interests
 
Balance at December 31, 2014
 
$
2,734
   
$
33
   
$
291,681
   
$
602,950
   
$
25,014
   
$
(394,617
)
 
$
527,795
   
$
68,334
 
Redemptions of redeemable
                                                               
   noncontrolling interests
   
-
     
-
     
-
     
-
     
-
     
-
     
-
     
(602
)
Contributions from redeemable
                                                               
   noncontrolling
                                                               
   interests
   
-
     
-
     
-
     
-
     
-
     
-
     
-
     
1,036
 
Consolidation of a consolidated
                                                               
  feeder fund and a partnership
   
-
     
-
     
-
     
-
     
-
     
-
     
-
     
996
 
Deconsolidation of offshore
                                                               
  fund
   
-
     
-
     
-
     
-
     
-
     
-
     
-
     
(63,256
)
Net income (loss)
   
(99
)
   
-
     
-
     
63,846
     
-
     
-
     
63,747
     
(490
)
Net unrealized losses on
                                                               
   securities available for sale,
                                                               
   net of income tax benefit ($4,341)
   
-
     
-
     
-
     
-
     
(7,392
)
   
-
     
(7,392
)
   
-
 
Amounts reclassified from
                                                               
   accumulated other
                                                               
   comprehensive income,
                                                               
   net of income tax benefit ($15)
   
-
     
-
     
-
     
-
     
(25
)
   
-
     
(25
)
   
-
 
Foreign currency translation
   
-
     
-
     
-
     
-
     
(22
)
   
-
     
(22
)
   
-
 
Dividends declared ($0.21 per
                                                               
 share)
   
-
     
-
     
-
     
(5,381
)
   
-
     
-
     
(5,381
)
   
-
 
Stock based compensation
                                                               
   expense
   
-
     
-
     
6,819
     
-
     
-
     
-
     
6,819
     
-
 
Exercise of stock options
                                                               
   including tax benefit ($102)
   
-
     
-
     
1,269
     
-
     
-
     
-
     
1,269
     
-
 
Purchase of treasury stock
   
-
     
-
     
-
     
-
     
-
     
(21,530
)
   
(21,530
)
   
-
 
Balance at September 30, 2015
 
$
2,635
   
$
33
   
$
299,769
   
$
661,415
   
$
17,575
   
$
(416,147
)
 
$
565,280
   
$
6,018
 

See accompanying notes.
6

GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
UNAUDITED
(In thousands)

For the NIne months ended September 30, 2014

 
 
   
GAMCO Investors, Inc. stockholders
   
 
 
                 
Accumulated
             
           
Additional
       
Other
           
Redeemable
 
   
Noncontrolling
   
Common
   
Paid-in
   
Retained
   
Comprehensive
   
Treasury
       
Noncontrolling
 
   
Interests
   
Stock
   
Capital
   
Earnings
   
Income
   
Stock
   
Total
   
Interests
 
Balance at December 31, 2013
 
$
2,851
   
$
33
   
$
282,496
   
$
506,441
   
$
30,239
   
$
(361,878
)
 
$
460,182
   
$
6,751
 
Redemptions of redeemable
                                                               
   noncontrollin interests
   
-
     
-
     
-
     
-
     
-
     
-
     
-
     
(1,666
)
Contributions from redeemable
                                                               
   noncontrolling
                                                               
   interests
   
-
     
-
     
-
     
-
     
-
     
-
     
-
     
53,607
 
Net income (loss)
   
(112
)
   
-
     
-
     
80,569
     
-
     
-
     
80,457
     
(2,606
)
Net unrealized losses on
                                                               
   securities available for sale,
                                                               
   net of income tax ($1,393)
   
-
     
-
     
-
     
-
     
(2,371
)
   
-
     
(2,371
)
   
-
 
Amount reclassed from
                                                               
   accumulated other
                                                               
   comprehensive income,
                                                               
   net of income tax benefit ($2,620)
   
-
     
-
     
-
     
-
     
(4,461
)
   
-
     
(4,461
)
   
-
 
Foreign currency translation
   
-
     
-
     
-
     
-
     
(15
)
   
-
     
(15
)
   
-
 
Dividends declared ($0.18 per
                                                               
   share)
   
-
     
-
     
-
     
(4,653
)
   
-
     
-
     
(4,653
)
   
-
 
Stock based compensation
                                                               
   expense
   
-
     
-
     
5,182
     
-
     
-
     
-
     
5,182
     
-
 
Exercise of stock options
                                                               
   including tax benefit ($349)
   
-
     
-
     
1,986
     
-
     
-
     
-
     
1,986
     
-
 
Purchase of treasury stock
   
-
     
-
     
-
     
-
     
-
     
(25,074
)
   
(25,074
)
   
-
 
Balance at September 30, 2014
 
$
2,739
   
$
33
   
$
289,664
   
$
582,357
   
$
23,392
   
$
(386,952
)
 
$
511,233
   
$
56,086
 

See accompanying notes.
7


GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
UNAUDITED
(In thousands)

 
 
Nine Months Ended
 
   
September 30,
 
 
 
2015
   
2014
 
Operating activities
 
   
 
Net income
 
$
63,257
   
$
77,851
 
Adjustments to reconcile net income to net cash provided by operating activities:
               
Equity in net gains from partnerships
   
(681
)
   
(572
)
Depreciation and amortization
   
475
     
507
 
Stock based compensation expense
   
6,819
     
5,182
 
Deferred income taxes
   
(8,033
)
   
(3,472
)
Tax benefit from exercise of stock options
   
102
     
349
 
Foreign currency translation gain/(loss)
   
(22
)
   
(15
)
Other-than-temporary loss on available for sale securities
   
150
     
69
 
Cost basis of donated securities
   
104
     
1,502
 
Gains on sales of available for sale securities
   
(30
)
   
(3,511
)
Accretion of zero coupon debentures
   
502
     
661
 
Loss on extinguishment of debt
   
310
     
84
 
(Increase) decrease in assets:
               
Investments in trading securities
   
29,096
     
(22,376
)
Investments in partnerships:
               
  Contributions to partnerships
   
(15,170
)
   
(15,698
)
  Distributions from partnerships
   
22,800
     
4,828
 
Receivable from brokers
   
(24,745
)
   
(30,424
)
Investment advisory fees receivable
   
13,046
     
20,351
 
Income tax receivable and deferred tax assets
   
68
     
(1,988
)
Other assets
   
20,402
     
563
 
Increase (decrease) in liabilities:
               
Payable to brokers
   
42,930
     
36,026
 
Income taxes payable and deferred tax liabilities
   
(5,019
)
   
(4,950
)
Compensation payable
   
48,768
     
58,873
 
Mandatorily redeemable noncontrolling interests
   
(45
)
   
(51
)
Accrued expenses and other liabilities
   
5,092
     
(1,639
)
Total adjustments
   
136,919
     
44,299
 
Net cash provided by operating activities
 
$
200,176
   
$
122,150
 

8


GAMCO INVESTORS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
UNAUDITED (continued)
(In thousands)

 
 
Nine Months Ended
 
   
September 30,
 
 
 
2015
   
2014
 
Investing activities
 
   
 
Purchases of available for sale securities
 
$
(43,030
)
 
$
(6,252
)
Proceeds from sales of available for sale securities
   
1,064
     
8,018
 
Return of capital on available for sale securities
   
554
     
827
 
Net cash (used in) provided by investing activities
   
(41,412
)
   
2,593
 
 
               
Financing activities
               
Contributions from redeemable noncontrolling interests
   
1,036
     
53,607
 
Redemptions of redeemable noncontrolling interests
   
(602
)
   
(1,666
)
Redemptions of noncontrolling interests
   
-
     
-
 
Proceeds from exercise of stock options
   
1,169
     
1,637
 
Dividends paid
   
(5,252
)
   
(4,567
)
Repurchase of zero coupon subordinated debentures
   
(6,224
)
   
(715
)
Purchase of treasury stock
   
(21,530
)
   
(25,074
)
Net cash (used in) provided by financing activities
   
(31,403
)
   
23,222
 
Effect of exchange rates on cash and cash equivalents
   
8
     
5
 
Net increase in cash and cash equivalents
   
127,369
     
147,970
 
Cash and cash equivalents at beginning of period
   
298,224
     
210,451
 
Increase in cash from consolidation
   
10
     
-
 
Increase in cash from deconsolidation
   
13
     
-
 
Cash and cash equivalents at end of period
 
$
425,616
   
$
358,421
 
Supplemental disclosures of cash flow information:
               
Cash paid for interest
 
$
3,897
   
$
3,847
 
Cash paid for taxes
 
$
49,590
   
$
52,956
 
 
               
Non-cash activity:
               
- For the nine months ended September 30, 2015 and September 30, 2014, the Company accrued dividends on restricted stock awards of $129 and $86, respectively.
- On January 1, 2015, GAMCO Investors, Inc. was no longer deemed to have control over a certain offshore fund and a certain consolidated feeder fund which resulted in the deconsolidation of that offshore fund and consolidated feeder fund and an increase of approximately $13 of cash and cash equivalents, a decrease of approximately $63,280 of net assets and a decrease of $63,267 of noncontrolling interests.
- On April 1, 2015, GAMCO Investors, Inc. was deemed to have control over a certain offshore fund and a certain partnership which resulted in the consolidation of that one offshore fund and one partnership and an increase of approximately $10 of cash and cash equivalents, an increase of approximately $986 of other net assets and an increase of approximately $996 of redeemable noncontrolling interest.
 

See accompanying notes.
9


GAMCO INVESTORS, INC. AND SUBSIDIARIES
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
September 30, 2015
(Unaudited)

A.  Significant Accounting Policies

Basis of Presentation

Unless we have indicated otherwise, or the context otherwise requires, references in this report to "GAMCO Investors, Inc.," "GAMCO," "the Company," "GBL," "we," "us" and "our" or similar terms are to GAMCO Investors, Inc., its predecessors and its subsidiaries.
 
The unaudited interim condensed consolidated financial statements of GAMCO included herein have been prepared in conformity with generally accepted accounting principles ("GAAP") in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by U.S. GAAP in the United States for complete financial statements.  In the opinion of management, the unaudited interim condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of financial position, results of operations and cash flows of GAMCO for the interim periods presented and are not necessarily indicative of a full year's results.
 
The interim condensed consolidated financial statements include the accounts of GAMCO and its subsidiaries.  Intercompany accounts and transactions are eliminated.
 
These interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 from which the accompanying condensed consolidated financial statements were derived.

Use of Estimates

The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported on the interim condensed consolidated financial statements and accompanying notes.  Actual results could differ from those estimates.

Recent Accounting Developments

In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers," which supersedes the revenue recognition requirements in the Accounting Standards Codification ("Codification") Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the Codification.  The core principle of the new ASU No. 2014-09 is for companies to recognize revenue from the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services.  The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition.  The ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods and is to be retrospectively applied.  Early adoption is not permitted.  The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements.

In June 2014, the FASB issued an accounting update clarifying that entities should treat performance targets that could be met after the requisite service period of a share-based payment award as performance conditions that affect vesting.  Therefore, an entity would not record compensation expense (measured as of the grant date) for an award where transfer to the employee is contingent upon satisfaction of the performance target until it becomes probable that the performance target will be met.  The guidance is effective for the Company beginning January 1, 2016.  Early adoption is permitted.  This guidance is not expected to have a material impact on the Company's consolidated financial statements.

In February 2015, the FASB issued an accounting update amending the consolidation requirements under GAAP.  This guidance is effective for the Company beginning January 1, 2016.  Early adoption is permitted.  The Company is continuing to analyze the impact, if any, that this update may have on its consolidated financial statements.

10


In May 2015, the FASB issued new guidance amending the current disclosure requirements for investments in certain entities that calculate net asset value per share.  The guidance requires investments for which fair value is measured using the net asset value per share practical expedient be removed from the fair value hierarchy.  Instead, those investment amounts shall be provided as a separate item to permit reconciliation of the fair value of investments included in the fair value hierarchy to the line items presented in the statement of financial condition.  This new guidance will be effective for the Company's first quarter of 2016.  The Company is currently evaluating the potential impact on its consolidated financial statements and related disclosures.

B.  Investment in Securities

Investments in securities at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:

 
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
 
 
Cost
   
Fair Value
   
Cost
   
Fair Value
   
Cost
   
Fair Value
 
 
 
(In thousands)
 
Trading securities:
 
   
   
   
   
   
 
Government obligations
 
$
-
   
$
-
   
$
18,994
   
$
18,996
   
$
20,995
   
$
20,999
 
Common stocks
   
78,025
     
87,745
     
170,977
     
195,029
     
167,714
     
190,939
 
Mutual funds
   
2,504
     
3,180
     
2,432
     
3,498
     
2,416
     
3,373
 
Other investments
   
505
     
723
     
743
     
1,704
     
753
     
1,550
 
Total trading securities
   
81,034
     
91,648
     
193,146
     
219,227
     
191,878
     
216,861
 
 
                                               
Available for sale securities:
                                               
Common stocks
   
13,561
     
34,095
     
13,637
     
38,942
     
14,228
     
36,380
 
Mutual funds
   
627
     
1,174
     
681
     
1,368
     
681
     
1,389
 
Total available for sale securities
   
14,188
     
35,269
     
14,318
     
40,310
     
14,909
     
37,769
 
 
                                               
Total investments in securities
 
$
95,222
   
$
126,917
   
$
207,464
   
$
259,537
   
$
206,787
   
$
254,630
 

Securities sold, not yet purchased at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:

 
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
 
 
Proceeds
   
Fair Value
   
Proceeds
   
Fair Value
   
Proceeds
   
Fair Value
 
Trading securities:
 
(In thousands)
 
Common stocks
 
$
6,123
   
$
5,482
   
$
9,835
   
$
9,960
   
$
11,699
   
$
13,514
 
Other investments
   
8
     
95
     
1
     
635
     
71
     
666
 
Total securities sold, not yet purchased
 
$
6,131
   
$
5,577
   
$
9,836
   
$
10,595
   
$
11,770
   
$
14,180
 

Investments in sponsored registered investment companies at September 30, 2015, December 31,2014 and September 30, 2014 consisted of the following:

 
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
 
 
Cost
   
Fair Value
   
Cost
   
Fair Value
   
Cost
   
Fair Value
 
 
 
(In thousands)
 
Trading securities:
 
   
   
   
   
   
 
Mutual funds
 
$
40,097
   
$
41,820
   
$
1
   
$
1
   
$
1
   
$
1
 
Total trading securities
   
40,097
     
41,820
     
1
     
1
     
1
     
1
 
 
                                               
Available for sale securities:
                                               
Closed-end funds
   
63,068
     
70,349
     
21,962
     
36,323
     
21,819
     
36,142
 
Mutual funds
   
1,883
     
2,877
     
1,898
     
3,213
     
1,922
     
3,377
 
Total available for sale securities
   
64,951
     
73,226
     
23,860
     
39,536
     
23,741
     
39,519
 
 
                                               
Total investments in sponsored
                                               
   registered investment companies
 
$
105,048
   
$
115,046
   
$
23,861
   
$
39,537
   
$
23,742
   
$
39,520
 
11


Management determines the appropriate classification of debt and equity securities at the time of purchase and reevaluates such designation as of the date of each consolidated statement of financial condition.  Investments in United States Treasury Bills and Notes with maturities of greater than three months at the time of purchase are classified as investments in securities, and those with maturities of three months or less at the time of purchase are classified as cash equivalents.  The portion of investments in securities held for resale in anticipation of short-term market movements are classified as trading securities.  Trading securities are stated at fair value, with any unrealized gains or losses reported in current period earnings.  Available for sale ("AFS") investments are stated at fair value, with any unrealized gains or losses, net of taxes, reported as a component of equity except for losses deemed to be other than temporary ("OTT") which are recorded as realized losses in the condensed consolidated statements of income.

The following table identifies all reclassifications out of accumulated other comprehensive income ("AOCI") into income for the three and nine months ended September 30, 2015 and 2014 (in thousands):
 
Amount
 
Affected Line Items
Reason for
Reclassified
 
in the Statements
Reclassification
from AOCI
 
Of Income
from AOCI
Three months ended September 30,
 
 
  
2015
   
2014
      
 
$
-
   
$
348
 
 Net gain/(loss) from investments
 Realized gain on sale of AFS securities
   
45
     
-
 
 Other operating expenses/net gain from investments
 Realized gain on donation of AFS securities
   
(150
)
   
-
 
 Net gain/(loss) from investments
 OTT impairment of AFS securities
   
(105
)
   
348
 
 Income before income taxes
 
   
39
     
(129
)
 Income tax provision
 
 
$
(66
)
 
$
219
 
 Net income
 
                        
Amount
 
Affected Line Items
Reason for
Reclassified
 
in the Statements
Reclassification
from AOCI
 
Of Income
from AOCI
Nine months ended September 30,
      
   
2015
     
2014
      
 
$
30
   
$
3,511
 
 Net gain/(loss) from investments
 Realized gain on sale of AFS securities
   
80
     
3,639
 
 Other operating expenses/net gain from investments
 Realized gain on donation of AFS securities
   
(150
)
   
(69
)
 Net gain/(loss) from investments
 OTT impairment of AFS securities
   
(40
)
   
7,081
 
 Income before income taxes
 
   
15
     
(2,620
)
 Income tax provision
 
 
$
(25
)
 
$
4,461
 
 Net income
 
                        
               
 
      

The Company recognizes all derivatives as either assets or liabilities measured at fair value and includes them in either investments in securities or securities sold, not yet purchased on the condensed consolidated statements of financial condition.  From time to time, the Company and/or the partnerships and offshore funds that the Company consolidates will enter into hedging transactions to manage their exposure to foreign currencies and equity prices related to their proprietary investments.  At September 30, 2015, December 31, 2014 and September 30, 2014, we held derivative contracts on 170,000 equity shares, 3.8 million equity shares and 2.3 million equity shares, respectively, that are included in investments in securities or securities sold, not yet purchased on the condensed consolidated statements of financial condition.   We had two, one and one foreign exchange contracts outstanding at September 30, 2015, December 31, 2014 and September 30, 2014, respectively, that are included in receivable from brokers or payable to brokers on the condensed consolidated statements of financial condition.  Aside from one foreign exchange contract, these transactions are not designated as hedges for accounting purposes, and therefore changes in fair values of these derivatives are included in net gain/(loss) from investments on the condensed consolidated statements of income.  The one foreign exchange contract that is designated as a hedge was for a short of British Pounds to hedge the long investment that we have in our London Stock Exchange listed Gabelli Value Plus+ Trust Ltd. closed-end fund which is denominated in British Pounds.  As the underlying investment that is being hedged is an available for sale security, the portion of the change in value of the closed-end fund that is currency related is recorded in net gain/(loss) from investments on the condensed consolidated statements of income and not in accumulated comprehensive income.
 
12

The following tables identify the fair values and gains and losses of all derivatives held by the Company (in thousands):

 
  
 
Asset Derivatives Fair Value
 
 
 
Liability Derivatives Fair Value
 
Balance Sheet Location
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
Balance Sheet Location
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
Derivatives designated as hedging instruments under
   
   
 
 
 
   
   
 
    FASB ASC 815-20                                   
Foreign exchange contracts
Receivable from brokers
 
$
-
   
$
-
   
$
-
 
Payable to brokers
 
$
36,354
   
$
-
   
$
-
 
Sub total
 
 
$
-
   
$
-
   
$
-
 
 
 
$
36,354
   
$
-
   
$
-
 
Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20
                 
 
                       
  Investments in                          Securities sold,                         
Equity contracts
securities
 
$
143
   
$
896
   
$
800
 
 not yet purchased
 
$
95
   
$
635
   
$
666
 
Foreign exchange contracts
Receivable from brokers
   
-
     
-
     
-
 
Payable to brokers
   
5,172
     
5,470
     
6,343
 
Sub total
 
 
$
143
   
$
896
   
$
800
 
 
 
$
5,267
   
$
6,105
   
$
7,009
 
Total derivatives
 
 
$
143
   
$
896
   
$
800
 
 
 
$
41,621
   
$
6,105
   
$
7,009
 


Type of Derivative
Income Statement Location
Three Months ended September 30,
 
Nine Months ended September 30,
 
 
  
2015
 
2014
 
2015
 
2014
 
Foreign exchange contracts
Net gain/(loss) from investments
 
$
1,985
   
$
482
   
$
1,885
   
$
541
 
Equity contracts
Net gain/(loss) from investments
   
27
     
758
     
199
     
591
 
Total
 
 
$
2,012
   
$
1,240
   
$
2,084
   
$
1,132
 


The Company is a party to enforceable master netting arrangements for swaps entered into as part of the investment strategy of the Company's proprietary portfolio.  They are typically not used as hedging instruments.  These swaps, while settled on a net basis with the counterparties, major U.S. financial institutions, are shown gross in assets and liabilities on the condensed consolidated statements of financial condition.  The swaps have a firm contract end date and are closed out and settled when each contract expires. 


               
Gross Amounts Not Offset in the
 
               
Statements of Financial Condition
 
   
Gross
   
Gross Amounts
   
Net Amounts of
             
   
Amounts of
   
Offset in the
   
Assets Presented
             
   
Recognized
   
Statements of
   
in the Statements of
   
Financial
   
Cash Collateral
     
   
Assets
   
Financial Condition
   
Financial Condition
   
Instruments
   
Received
   
Net Amount
 
Swaps:
 
(in thousands)
 
September 30, 2015
 
$
143
   
$
-
   
$
143
   
$
(89
)
 
$
-
   
$
54
 
December 31, 2014
   
896
     
-
     
896
     
(634
)
   
-
     
262
 
September 30, 2014
 
$
800
   
$
-
   
$
800
   
$
(657
)
 
$
-
   
$
143
 
                                                 
                           
Gross Amounts Not Offset in the
 
                           
Statements of Financial Condition
 
   
Gross
   
Gross Amounts
   
Net Amounts of
                         
   
Amounts of
   
Offset in the
   
Liabilities Presented
                         
   
Recognized
   
Statements of
   
in the Statements of
   
Financial
   
Cash Collateral
         
   
Liabilities
   
Financial Condition
   
Financial Condition
   
Instruments
   
Pledged
   
Net Amount
 
Swaps:
 
(in thousands)
 
September 30, 2015
 
$
89
   
$
-
   
$
89
   
$
(89
)
 
$
-
   
$
-
 
December 31, 2014
   
634
     
-
     
634
     
(634
)
   
-
     
-
 
September 30, 2014
 
$
657
   
$
-
   
$
657
   
$
(657
)
 
$
-
   
$
-
 
13


The following is a summary of the cost, gross unrealized gains, gross unrealized losses and fair value of available for sale investments as of September 30, 2015, December 31, 2014 and September 30, 2014:

 
 
September 30, 2015
 
       
Gross
   
Gross
     
       
Unrealized
   
Unrealized
     
 
 
Cost
   
Gains
   
Losses
   
Fair Value
 
 
 
(In thousands)
 
Common stocks
 
$
13,561
   
$
20,534
   
$
-
   
$
34,095
 
Closed-end Funds
   
63,068
     
10,128
     
(2,847
)
   
70,349
 
Mutual funds
   
2,510
     
1,620
     
(79
)
   
4,051
 
Total available for sale securities
 
$
79,139
   
$
32,282
   
$
(2,926
)
 
$
108,495
 

 
 
December 31, 2014
 
       
Gross
   
Gross
     
       
Unrealized
   
Unrealized
     
 
 
Cost
   
Gains
   
Losses
   
Fair Value
 
 
 
(In thousands)
 
Common stocks
 
$
13,637
   
$
25,305
   
$
-
   
$
38,942
 
Closed-end Funds
   
21,962
     
14,398
     
(37
)
   
36,323
 
Mutual funds
   
2,579
     
2,030
     
(28
)
   
4,581
 
Total available for sale securities
 
$
38,178
   
$
41,733
   
$
(65
)
 
$
79,846
 

 
 
September 30, 2014
 
       
Gross
   
Gross
     
       
Unrealized
   
Unrealized
     
 
 
Cost
   
Gains
   
Losses
   
Fair Value
 
 
 
(In thousands)
 
Common stocks
 
$
14,228
   
$
22,152
   
$
-
   
$
36,380
 
Closed-end Funds
   
21,819
     
14,325
     
(2
)
   
36,142
 
Mutual funds
   
2,603
     
2,163
     
-
     
4,766
 
Total available for sale securities
 
$
38,650
   
$
38,640
   
$
(2
)
 
$
77,288
 

Changes in net unrealized losses, net of taxes, for the three months ended September 30, 2015 and September 30, 2014 of ($6.7) million in losses and ($2.4) million in losses, respectively, have been included in other comprehensive income, a component of equity, at September 30, 2015 and September 30, 2014.  Return of capital on available for sale securities was $0.3 million and $0.3 million for the three months ended September 30, 2015 and September 30, 2014, respectively.  During the three months ended September 30, 2015, there were no proceeds from the sales of investments available for sale and no gross gains on the sale of investments available for sale.  Proceeds from sales of investments available for sale were approximately $1.5 million for the three months ended September 30, 2014.  For the three months ended September 30, 2014, gross gains on the sale of investments available for sale amounted to $0.3 million and were reclassified from other comprehensive income into net gain from investments in the condensed consolidated statements of income.  There were no losses on the sale of investments available for sale for the three months ended September 30, 2015 or September 30, 2014.  Changes in net unrealized losses, net of taxes, for the nine months ended September 30, 2015 and September 30, 2014 of $(7.4) million in losses and $(6.8) million in losses, respectively, have been included in other comprehensive income, a component of equity, at September 30, 2015 and September 30, 2014.  Return of capital on available for sale securities was $0.6 million and $0.8 million for the nine months ended September 30, 2015 and September 30, 2014, respectively.  Proceeds from sales of investments available for sale were approximately $1.1 million and $8.0 million for the nine months ended September 30, 2015 and September 30, 2014, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, gross gains on the sale of investments available for sale amounted to $30,000 and $3.5 million, respectively, and were reclassified from other comprehensive income into net gain from investments in the condensed consolidated statements of income.  There were no losses on the sale of investments available for sale for the nine months ended September 30, 2015 or September 30, 2014.  The basis on which the cost of a security sold is determined using specific identification.
 
14


Investments classified as available for sale that are in an unrealized loss position for which other-than-temporary impairment has not been recognized consisted of the following:

 
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
       
Unrealized
           
Unrealized
           
Unrealized
     
 
 
Cost
   
Losses
   
Fair Value
   
Cost
   
Losses
   
Fair Value
   
Cost
   
Losses
   
Fair Value
 
(in thousands)
                                   
Cosed-end funds
 
$
40,537
   
$
(2,847
)
 
$
37,690
   
$
812
   
$
(37
)
 
$
775
   
$
79
   
$
(2
)
 
$
77
 
Mutual Funds
   
303
     
(79
)
   
224
     
303
     
(28
)
   
275
     
-
     
-
     
-
 
Total available for sale securities
 
$
40,840
   
$
(2,926
)
 
$
37,914
   
$
1,115
   
$
(65
)
 
$
1,050
   
$
79
   
$
(2
)
 
$
77
 

At September 30, 2015, there were four holdings in loss positions which were not deemed to be other-than-temporarily impaired due to the length of time that they had been in a loss position and because they passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.  In these specific instances, the investments at September 30, 2015 were mutual funds and closed-end funds with diversified holdings across multiple companies and across multiple industries.  One holding was impaired for two months, one holding was impaired for three months, one holding was impaired for seven months and one holding was impaired for eight months at September 30, 2015.  The value of these holdings at September 30, 2015 was $37.9 million.

At December 31, 2014, there were four holdings in loss positions which were not deemed to be other-than-temporarily impaired due to the length of time that they had been in a loss position and because they passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.  In these specific instances, the investments at December 31, 2014 were mutual funds and closed-end funds with diversified holdings across multiple companies and across multiple industries.  One holding was impaired for one month, one for three months and two for four months at December 31, 2014. The value of these holdings at December 31, 2014 was $1.1 million.

At September 30, 2014, there was one holding in a loss position which was not deemed to be other-than-temporarily impaired due to the length of time that it had been in a loss position and because it passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.  In this specific instance, the investment at September 30, 2014 was a closed-end fund with diversified holdings across multiple companies and across multiple industries.  The one holding was impaired for one month at September 30, 2014.  The value of this holding at September 30, 2014 was $0.1 million.

For the three months ended September 30, 2015 there were $150,000 of losses on available for sale securities deemed to be other than temporary and a loss has been recorded in net gain from investments.  There were no losses recognized on AFS securities for the three months ended September 30, 2014.  For the nine months ended September 30, 2015 and September 30, 2014, there were $150,000 and $69,000, respectively, of losses on available for sale securities deemed to be other than temporary and a loss has been recorded in net gain from investments.
 
15

C. Fair Value

The following tables present information about the Company's assets and liabilities by major categories measured at fair value on a recurring basis as of September 30, 2015, December 31, 2014 and September 30, 2014 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2015 (in thousands)

   
Quoted Prices in Active
   
Significant Other
   
Significant
   
Balance as of
 
   
Markets for Identical
   
Observable
   
Unobservable
   
September 30,
 
Assets
 
Assets (Level 1)
   
Inputs (Level 2)
   
Inputs (Level 3)
   
2015
 
Cash equivalents
 
$
425,392
   
$
-
   
$
-
   
$
425,392
 
Investments in partnerships
   
-
     
14,319
     
-
     
14,319
 
Investments in securities:
                               
AFS - Common stocks
   
34,095
     
-
     
-
     
34,095
 
AFS - Mutual funds
   
1,174
     
-
     
-
     
1,174
 
Trading - Common stocks
   
86,970
     
-
     
775
     
87,745
 
Trading - Mutual funds
   
3,180
     
-
     
-
     
3,180
 
Trading - Other
   
263
     
143
     
317
     
723
 
Total investments in securities
   
125,682
     
143
     
1,092
     
126,917
 
Investments in sponsored registered investment companies:
                         
AFS - Closed-end Funds
   
70,349
     
-
     
-
     
70,349
 
AFS - Mutual Funds
   
2,877
     
-
     
-
     
2,877
 
Trading - Mutual funds
   
41,820
     
-
     
-
     
41,820
 
Total investments in sponsored
                               
registered investment companies
   
115,046
     
-
     
-
     
115,046
 
Total investments
   
240,728
     
14,462
     
1,092
     
256,282
 
Total assets at fair value
 
$
666,120
   
$
14,462
   
$
1,092
   
$
681,674
 
Liabilities
                               
Trading - Common stocks
 
$
5,482
   
$
-
   
$
-
   
$
5,482
 
Trading - Other
   
-
     
95
     
-
     
95
 
Securities sold, not yet purchased
 
$
5,482
   
$
95
   
$
-
   
$
5,577
 

16

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014 (in thousands)

   
Quoted Prices in Active
   
Significant Other
   
Significant
   
Balance as of
 
   
Markets for Identical
   
Observable
   
Unobservable
   
December 31,
 
Assets
 
Assets (Level 1)
   
Inputs (Level 2)
   
Inputs (Level 3)
   
2014
 
Cash equivalents
 
$
297,971
   
$
-
   
$
-
   
$
297,971
 
Investments in partnerships
   
-
     
23,803
     
-
     
23,803
 
Investments in securities:
                               
AFS - Common stocks
   
38,942
     
-
     
-
     
38,942
 
AFS - Mutual funds
   
1,368
     
-
     
-
     
1,368
 
Trading - Gov't obligations
   
18,996
     
-
     
-
     
18,996
 
Trading - Common stocks
   
193,735
     
1
     
1,293
     
195,029
 
Trading - Mutual funds
   
3,498
     
-
     
-
     
3,498
 
Trading - Other
   
513
     
897
     
294
     
1,704
 
Total investments in securities
   
257,052
     
898
     
1,587
     
259,537
 
Investments in sponsored registered investment companies:
                         
AFS - Closed-end Funds
   
36,323
     
-
     
-
     
36,323
 
AFS - Mutual Funds
   
3,213
     
-
     
-
     
3,213
 
Trading - Mutual funds
   
1
     
-
     
-
     
1
 
Total investments in sponsored
                               
registered investment companies
   
39,537
     
-
     
-
     
39,537
 
Total investments
   
296,589
     
24,701
     
1,587
     
322,877
 
Total assets at fair value
 
$
594,560
   
$
24,701
   
$
1,587
   
$
620,848
 
Liabilities
                               
Trading - Common stocks
 
$
9,960
   
$
-
   
$
-
   
$
9,960
 
Trading - Other
   
-
     
635
     
-
     
635
 
Securities sold, not yet purchased
 
$
9,960
   
$
635
   
$
-
   
$
10,595
 

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2014 (in thousands)

   
Quoted Prices in Active
   
Significant Other
   
Significant
   
Balance as of
 
   
Markets for Identical
   
Observable
   
Unobservable
   
September 30,
 
Assets
 
Assets (Level 1)
   
Inputs (Level 2)
   
Inputs (Level 3)
   
2014
 
Cash equivalents
 
$
358,210
   
$
-
   
$
-
   
$
358,210
 
Investments in partnerships
   
-
     
24,094
     
-
     
24,094
 
Investments in securities:
                               
AFS - Common stocks
   
36,380
     
-
     
-
     
36,380
 
AFS - Mutual funds
   
1,389
     
-
     
-
     
1,389
 
Trading - Gov't obligations
   
20,999
     
-
     
-
     
20,999
 
Trading - Common stocks
   
190,215
     
-
     
724
     
190,939
 
Trading - Mutual funds
   
3,373
     
-
     
-
     
3,373
 
Trading - Other
   
453
     
803
     
294
     
1,550
 
Total investments in securities
   
252,809
     
803
     
1,018
     
254,630
 
Investments in sponsored registered investment companies:
                         
AFS - Closed-end Funds
   
36,142
     
-
     
-
     
36,142
 
AFS - Mutual Funds
   
3,377
     
-
     
-
     
3,377
 
Trading - Mutual funds
   
1
     
-
     
-
     
1
 
Total investments in sponsored
                               
registered investment companies
   
39,520
     
-
     
-
     
39,520
 
Total investments
   
292,329
     
24,897
     
1,018
     
318,244
 
Total assets at fair value
 
$
650,539
   
$
24,897
   
$
1,018
   
$
676,454
 
Liabilities
                               
Trading - Common stocks
 
$
13,514
   
$
-
   
$
-
   
$
13,514
 
Trading - Other
   
-
     
666
     
-
     
666
 
Securities sold, not yet purchased
 
$
13,514
   
$
666
   
$
-
   
$
14,180
 
17


The following tables present additional information about assets by major categories measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value.

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2015 (in thousands)

           
Total
                     
           
Unrealized
                     
           
Gains or
   
Total
                 
       
Total Realized and
   
(Losses)
   
Realized
                 
   
June
   
Unrealized Gains or
   
Included in
   
and
           
Transfers
     
 
 
30, 2015
   
(Losses) in Income
   
Other
   
Unrealized
   
   
   
In and/or
     
   
Beginning
       
AFS
   
Comprehensive
   
Gains or
           
(Out) of
   
Ending
 
Asset
 
Balance
   
Trading
   
Investments
   
Income
   
(Losses)
   
Purchases
   
Sales
   
Level 3
   
Balance
 
Financial
 
   
   
   
   
   
   
   
   
 
instruments owned:
   
   
   
   
   
   
   
   
 
Trading - Common  
   
   
   
   
   
   
   
 
  stocks
 
$
920
   
$
(145
)
 
$
-
   
$
-
   
$
(145
)
 
$
-
   
$
-
   
$
-
   
$
775
 
Trading - Other
   
298
     
19
     
-
     
-
     
19
     
-
     
-
     
-
     
317
 
Total
 
$
1,218
   
$
(126
)
 
$
-
   
$
-
   
$
(126
)
   
-
   
$
-
   
$
-
   
$
1,092
 

There were no transfers between any Levels during the three months ended September 30, 2015.

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2014 (in thousands)

           
Total
                     
           
Unrealized
                     
           
Gains or
   
Total
                 
       
Total Realized and
   
(Losses)
   
Realized
                 
   
June
   
Unrealized Gains or
   
Included in
   
and
           
Transfers
     
 
 
30, 2014
   
(Losses) in Income
   
Other
   
Unrealized
   
   
   
In and/or
     
   
Beginning
       
AFS
   
Comprehensive
   
Gains or
           
(Out) of
   
Ending
 
Asset
 
Balance
   
Trading
   
Investments
   
Income
   
(Losses)
   
Purchases
   
Sales
   
Level 3
   
Balance
 
Financial
 
   
   
   
   
   
   
   
   
 
instruments owned:
                                 
Trading - Common                                                   
  stocks
 
$
716
   
$
8
   
$
-
   
$
-
   
$
8
   
$
-
   
$
-
   
$
-
   
$
724
 
Trading - Other
   
294
     
-
     
-
     
-
     
-
     
-
     
-
     
-
     
294
 
Total
 
$
1,010
   
$
8
   
$
-
   
$
-
   
$
8
   
$
-
   
$
-
   
$
-
   
$
1,018
 

There were no transfers between any Levels during the three months ended September 30, 2014.


Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2015 (in thousands)

           
Total
                     
           
Unrealized
                     
           
Gains or
   
Total
                 
       
Total Realized and
   
(Losses)
   
Realized
                 
   
December
   
Unrealized Gains or
   
Included in
   
and
           
Transfers
     
 
 
31, 2014
   
(Losses) in Income
   
Other
   
Unrealized
   
   
   
In and/or
     
   
Beginning
       
AFS
   
Comprehensive
   
Gains or
           
(Out) of
   
Ending
 
Asset
 
Balance
   
Trading
   
Investments
   
Income
   
(Losses)
   
Purchases
   
Sales
   
Level 3
   
Balance
 
Financial
         
   
   
   
   
   
   
   
 
instruments owned:
   
   
   
   
   
   
   
   
 
Trading - Common    
   
   
   
   
   
   
   
 
  stocks
 
$
1,293
   
$
(166
)
 
$
-
   
$
-
   
$
(166
)
 
$
6
   
$
(358
)
 
$
-
   
$
775
 
Trading - Other
   
294
     
102
     
-
     
-
     
102
     
5
     
(84
)
   
-
     
317
 
Total
 
$
1,587
   
$
(64
)
 
$
-
   
$
-
   
$
(64
)
   
11
   
$
(442
)
 
$
-
   
$
1,092
 
18


There were securities with a value of $0.4 million that were transferred out of Level 3 as a result of the deconsolidation of an offshore fund during the first quarter of 2015 which are reflected in sales above.  There were no transfers between Levels 1 or 2 during the nine months ended September 30, 2015.

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2014 (in thousands)

           
Total
                     
           
Unrealized
                     
           
Gains or
   
Total
                 
       
Total Realized and
   
(Losses)
   
Realized
                 
   
December
   
Unrealized Gains or
   
Included in
   
and
           
Transfers
     
 
 
31, 2013
   
(Losses) in Income
   
Other
   
Unrealized
   
   
   
In and/or
     
   
Beginning
       
AFS
   
Comprehensive
   
Gains or
           
(Out) of
   
Ending
 
Asset
 
Balance
   
Trading
   
Investments
   
Income
   
(Losses)
   
Purchases
   
Sales
   
Level 3
   
Balance
 
Financial
         
   
   
   
   
   
   
   
 
instruments owned:
                                 
Trading - Common                                                  
  stocks
 
$
700
   
$
24
   
$
-
   
$
-
   
$
24
   
$
-
   
$
-
   
$
-
   
$
724
 
Trading - Other
   
284
     
-
     
-
     
-
     
-
     
10
     
-
     
-
     
294
 
Total
 
$
984
   
$
24
   
$
-
   
$
-
   
$
24
   
$
10
   
$
-
   
$
-
   
$
1,018
 

There were no transfers between any Levels during the nine months ended September 30, 2014.

D. Investments in Partnerships, Offshore Funds and Variable Interest Entities ("VIEs")
 
The Company is general partner or co-general partner of various affiliated entities in which the Company has investments totaling $87.2 million, $94.2 million and $93.2 million at September 30, 2015, December 31, 2014 and September 30, 2014, respectively, and whose underlying assets consist primarily of marketable securities (the "affiliated entities"). We also have investments in unaffiliated entities of $13.8 million, $13.4 million and $14.2 million at September 30, 2015, December 31, 2014 and September 30, 2014, respectively (the "unaffiliated entities").  On a quarterly basis, we evaluate each entity for the appropriate accounting treatment and disclosure.  Certain of the affiliated entities, and none of the unaffiliated entities, are consolidated.

For those entities where consolidation is not deemed to be appropriate, we report them in our condensed consolidated statement of financial condition under the caption "Investments in partnerships".  This caption includes those investments, in both affiliated and unaffiliated entities, which the Company accounts for under the equity method of accounting, as well as certain investments that the feeder funds hold that are carried at fair value, as described in Note C.  The Company reflects the equity in earnings of these equity method investees and the change in fair value of the consolidated feeder funds ("CFFs") under the caption Net gain/(loss) from investments on the condensed consolidated statements of income.

The following table highlights the number of entities, including voting interest entities ("VOEs"), that we consolidate as well as under which accounting guidance they are consolidated, including CFFs, which retain their specialized investment company accounting in consolidation, partnerships and offshore funds.

Entities consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CFFs
 
Partnerships
 
Offshore Funds
 
Total
 
 
VIEs
VOEs
 
VIEs
VOEs
 
VIEs
VOEs
 
VIEs
VOEs
Entities consolidated at December 31, 2013
 
1
2
 
-
1
 
-
1
 
1
4
Additional consolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Deconsolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Entities consolidated at September 30, 2014
 
1
2
 
-
1
 
-
1
 
1
4
Additional consolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Deconsolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Entities consolidated at December 31, 2014
 
1
2
 
-
1
 
-
1
 
1
4
Additional consolidated entities
 
-
1
 
-
1
 
1
-
 
1
2
Deconsolidated entities
 
-
(1)
 
-
-
 
-
(1)
 
-
(2)
Entities consolidated at September 30, 2015
 
1
2
 
-
2
 
1
-
 
2
4
19


At and for the nine months ended September 30, 2015, the one CFF VIE is consolidated, as the Company has been determined to be the primary beneficiary because it has an equity interest and absorbs the majority of the expected losses and/or expected gains.  At and for the nine months ended September 30, 2015, the one CFF VOE and one Partnership VOE are consolidated because the unaffiliated partners or shareholders lack substantive kick-out rights, and the Company, as either the general partner or investment manager, is deemed to have control.  During the three months ended June 30, 2015, it was determined that an additional Partnership VOE should be consolidated when the Partnership was created on April 1, 2015 without unaffiliated capital and an Offshore Fund VIE should be consolidated as the last unaffiliated investor withdrew during the second quarter.  Additionally, during the three months ended March 31, 2015, an Offshore Fund VOE was deconsolidated as the Company's ownership percentage fell below 50%, a CFF VOE was deconsolidated when it was closed and a different CFF VOE was consolidated as the last unaffiliated investor withdrew on March 31, 2015.

At and for the nine months ended September 30, 2014 and at December 31, 2014, one CFF VIE is consolidated, as the Company has been determined to be the primary beneficiary because it has an equity interest and absorbs the majority of the expected losses and/or expected gains.  At and for the nine months ended September 30, 2014 and at December 31, 2014, two CFF VOEs, one Partnership VOE and one Offshore Fund VOE are consolidated because the unaffiliated partners or shareholders lack substantive rights, and the Company, as either the general partner or investment manager, is deemed to have control.

The following table breaks down the investments in partnerships line by accounting method, either fair value or equity method, and investment type (in thousands):

   
September 30, 2015
 
 
Investment Type
 
 
Affiliated
 
Unaffiliated
 
 
   
Consolidated
                   
Accounting method
 
 Feeder Funds
 
Partnerships
 
Offshore Funds
 
Partnerships
 
Offshore Funds
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
$               14,317
 
$               -
 
$               -
 
$               -
 
$               -
 
$               14,317
Equity Method
 
-
 
38,318
 
34,552
 
6,286
 
7,552
 
86,708
 
 
                     
Total
 
$               14,317
 
$               38,318
 
$               34,552
 
$               6,286
 
$               7,552
 
$              101,025

   
December 31, 2014
 
 
Investment Type
 
 
Affiliated
 
Unaffiliated
 
 
   
Consolidated
                   
Accounting method
 
 Feeder Funds
 
Partnerships
 
Offshore Funds
 
Partnerships
 
Offshore Funds
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
$               23,803
 
$               -
 
$               -
 
$               -
 
$               -
 
$               23,803
Equity Method
 
-
 
34,385
 
36,033
 
6,552
 
6,864
 
83,834
 
 
                     
Total
 
$               23,803
 
$               34,385
 
$               36,033
 
$               6,552
 
$               6,864
 
$               107,637

   
September 30, 2014
 
 
Investment Type
 
 
Affiliated
 
Unaffiliated
 
 
   
Consolidated
                   
Accounting method
 
 Feeder Funds
 
Partnerships
 
Offshore Funds
 
Partnerships
 
Offshore Funds
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
$               24,094
 
$               -
 
$               -
 
$               -
 
$               -
 
$               24,094
Equity Method
 
-
 
34,967
 
34,185
 
6,611
 
7,577
 
83,340
 
 
                     
Total
 
$               24,094
 
$               34,967
 
$               34,185
 
$               6,611
 
$               7,577
 
$               107,434
20


The following table includes the net impact by line item on the condensed consolidated statements of financial condition for each category of entity consolidated (in thousands):

 
 
September 30, 2015
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$    425,549
 
$    2
 
$    52
 
$    13
 
$    425,616
Investments in securities
 
118,401
 
-
 
7,807
 
709
 
126,917
Investments in sponsored investment companies
 
115,046
 
-
 
-
 
-
 
115,046
Investments in partnerships
 
105,097
 
4,817
 
(8,504)
 
(385)
 
101,025
Receivable from brokers
 
50,960
 
-
 
1,933
 
25
 
52,918
Investment advisory fees receivable
 
28,615
 
5
 
9
 
-
 
28,629
Other assets
 
22,363
 
16
 
137
 
2
 
22,518
Total assets
 
$    866,031
 
$    4,840
 
$    1,434
 
$    364
 
$    872,669
Liabilities and equity
 
                 
Securities sold, not yet purchased
 
$    5,231
 
$    -
 
$    140
 
$    206
 
$    5,577
Accrued expenses and other liabilities
 
188,770
 
38
 
155
 
81
 
189,044
Total debt
 
106,750
 
-
 
-
 
-
 
106,750
Redeemable noncontrolling interests
 
-
 
4,802
 
1,139
 
77
 
6,018
Total equity
 
565,280
 
-
 
-
 
-
 
565,280
Total liabilities and equity
 
$    866,031
 
$    4,840
 
$    1,434
 
$    364
 
$    872,669

 
 
December 31, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$    298,149
 
$    (11)
 
$    86
 
$    -
 
$    298,224
Investments in securities
 
200,443
 
-
 
7,801
 
51,293
 
259,537
Investments in sponsored investment companies
 
39,537
 
-
 
-
 
-
 
39,537
Investments in partnerships
 
111,380
 
4,438
 
(8,181)
 
-
 
107,637
Receivable from brokers
 
24,301
 
-
 
623
 
51,155
 
76,079
Investment advisory fees receivable
 
42,102
 
(6)
 
(2)
 
(222)
 
41,872
Other assets
 
43,393
 
-
 
-
 
151
 
43,544
Total assets
 
$    759,305
 
$    4,421
 
$    327
 
$    102,377
 
$    866,430
Liabilities and equity
 
                 
Securities sold, not yet purchased
 
$    9,991
 
$    -
 
$    -
 
$    604
 
$    10,595
Accrued expenses and other liabilities
 
109,356
 
22
 
24
 
38,141
 
147,543
Total debt
 
112,163
 
-
 
-
 
-
 
112,163
Redeemable noncontrolling interests
 
-
 
4,399
 
303
 
63,632
 
68,334
Total equity
 
527,795
 
-
 
-
 
-
 
527,795
Total liabilities and equity
 
$    759,305
 
$    4,421
 
$    327
 
$    102,377
 
$    866,430

 
 
September 30, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$    358,316
 
$    7
 
$    98
 
$    -
 
$    358,421
Investments in securities
 
203,280
 
-
 
8,836
 
42,514
 
254,630
Investments in sponsored investment companies
 
39,520
 
-
 
-
 
-
 
39,520
Investments in partnerships
 
110,679
 
4,684
 
(7,929)
 
-
 
107,434
Receivable from brokers
 
31,388
 
-
 
306
 
48,191
 
79,885
Investment advisory fees receivable
 
31,221
 
17
 
(1)
 
(82)
 
31,155
Other assets
 
28,528
 
24
 
(1,000)
 
163
 
27,715
Total assets
 
$    802,932
 
$    4,732
 
$    310
 
$    90,786
 
$    898,760
Liabilities and equity
 
                 
Securities sold, not yet purchased
 
$    13,549
 
$    -
 
$    -
 
$    631
 
$    14,180
Accrued expenses and other liabilities
 
166,209
 
71
 
31
 
39,009
 
205,320
Total debt
 
111,941
 
-
 
-
 
-
 
111,941
Redeemable noncontrolling interests
 
-
 
4,661
 
279
 
51,146
 
56,086
Total equity
 
511,233
 
-
 
-
 
-
 
511,233
Total liabilities and equity
 
$    802,932
 
$    4,732
 
$    310
 
$    90,786
 
$  898,760
21


The following table includes the net impact by line item on the condensed consolidated statements of income for each category of entity consolidated (in thousands):

 
 
Three Months Ended September 30, 2015
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     96,558
 
$     (10)
 
$     (2)
 
$     -
 
$     96,546
Total expenses
 
60,304
 
23
 
20
 
3
 
60,350
Operating income
 
36,254
 
(33)
 
(22)
 
(3)
 
36,196
Total other income/(expense), net
 
(12,093)
 
(268)
 
(120)
 
(19)
 
(12,500)
Income before income taxes
 
24,161
 
(301)
 
(142)
 
(22)
 
23,696
Income tax provision
 
9,245
 
-
 
-
 
-
 
9,245
Net income
 
14,916
 
(301)
 
(142)
 
(22)
 
14,451
Net loss attributable to noncontrolling interests
 
(53)
 
(301)
 
(142)
 
(22)
 
(518)
Net income attributable to GAMCO
 
$     14,969
 
$     -
 
$     -
 
$     -
 
$     14,969

 
 
Three Months Ended September 30, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     111,073
 
$     (7)
 
$     -
 
$     (208)
 
$     110,858
Total expenses
 
66,980
 
20
 
12
 
260
 
67,272
Operating income
 
44,093
 
(27)
 
(12)
 
(468)
 
43,586
Total other income, net
 
(7,462)
 
(186)
 
(18)
 
(2,323)
 
(9,989)
Income before income taxes
 
36,631
 
(213)
 
(30)
 
(2,791)
 
33,597
Income tax provision
 
13,045
 
-
 
-
 
-
 
13,045
Net income
 
23,586
 
(213)
 
(30)
 
(2,791)
 
20,552
Net income attributable to noncontrolling interests
 
(79)
 
(213)
 
(30)
 
(2,791)
 
(3,113)
Net income attributable to GAMCO
 
$     23,665
 
$     -
 
$     -
 
$     -
 
$     23,665


 
 
Nine Months Ended September 30, 2015
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     303,139
 
$     (26)
 
$     (4)
 
$     (14)
 
$     303,095
Total expenses
 
197,828
 
95
 
50
 
32
 
198,005
Operating income
 
105,311
 
(121)
 
(54)
 
(46)
 
105,090
Total other income/(expense), net
 
(3,016)
 
(177)
 
(102)
 
9
 
(3,286)
Income before income taxes
 
102,295
 
(298)
 
(156)
 
(37)
 
101,804
Income tax provision
 
38,547
 
-
 
-
 
-
 
38,547
Net income
 
63,748
 
(298)
 
(156)
 
(37)
 
63,257
Net loss attributable to noncontrolling interests
 
(98)
 
(298)
 
(156)
 
(37)
 
(589)
Net income attributable to GAMCO
 
$     63,846
 
$     -
 
$     -
 
$     -
 
$     63,846

 
 
Nine Months Ended September 30, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
   
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     324,287
 
$     (21)
 
$     (2)
 
$     (633)
 
$     323,631
Total expenses
 
205,207
 
34
 
38
 
730
 
206,009
Operating income
 
119,080
 
(55)
 
(40)
 
(1,363)
 
117,622
Total other income, net
 
6,172
 
20
 
19
 
(1,186)
 
5,025
Income before income taxes
 
125,252
 
(35)
 
(21)
 
(2,549)
 
122,647
Income tax provision
 
44,796
 
-
 
-
 
-
 
44,796
Net income
 
80,456
 
(35)
 
(21)
 
(2,549)
 
77,851
Net income/(loss) attributable to noncontrolling interests
 
(113)
 
(35)
 
(21)
 
(2,549)
 
(2,718)
Net income attributable to GAMCO
 
$     80,569
 
$     -
 
$     -
 
$     -
 
$     80,569


Variable Interest Entities

We sponsor a number of investment vehicles where we are the general partner or investment manager.  Certain of these vehicles are VIEs, but we are not the primary beneficiary, in all but two cases, because we do not absorb a majority of the entities' expected losses and/or expected returns, and they are, therefore, not consolidated.  We consolidate the two VIEs where we are the primary beneficiary.  The Company has not provided any financial or other support to those VIEs where we are not the primary beneficiary.  The total net assets of these non-consolidated VIEs at September 30, 2015, December 31, 2014 and September 30, 2014 were $65.8 million, $71.6 million and $59.8 million, respectively.  On September 30, 2015, the maximum exposure to loss as a result of our involvement with the non-consolidated VIEs is limited to the investment in one VIE of $9.6 million and the deferred carried interest that we have in another of $38,000 which was included in investments in partnerships on the condensed consolidated statements of financial condition.  On December 31, 2014 and September 30, 2014, our maximum exposure to loss as a result of our involvement with the non-consolidated VIEs is limited to the investment in two VIEs of $10.6 million and $8.6 million, respectively, and the deferred carried interest that we have in another of $43,000 and $44,000, respectively, which was included in investments in partnerships on the condensed consolidated statements of financial condition.   Additionally, as the general partner or investment manager to these VIEs the Company earns fees in relation to these roles, which given a decline in AUMs of the VIEs would result in lower fee revenues earned by the Company which would be reflected on the condensed consolidated statement of income, condensed consolidated statement of financial condition and condensed consolidated statement of cash flows.
22


The assets of these VIEs may only be used to satisfy obligations of the VIEs.  The following table presents the balances related to the VIEs that are consolidated and are included on the condensed consolidated statements of financial condition as well as GAMCO's net interest in the VIEs.  There are two VIEs consolidated at  September 30, 2015 and one VIE consolidated at December 31, 2014 and September 30, 2014:

 
 
September 30, 2015
 
December 31, 2014
 
September 30, 2014
(In thousands)
 
 
 
 
 
 
Cash and cash equivalents
 
$       13
 
$              -
 
$              1
Investments in securities
 
709
 
-
 
-
Investments in partnerships
 
5,116
 
 13,434
 
 13,618
Receivable from brokers
 
25
 
-
 
-
Other assets
 
3
 
-
 
-
Payable to brokers
 
(62)
 
-
 
-
Securities sold, not yet purchased
 
(206)
 
-
 
-
Accrued expenses and other liabilities
 
(27)
 
(12)
 
(15)
Redeemable noncontrolling interests
 
(615)
 
(794)
 
(962)
GAMCO's net interests in consolidated VIE
 
$     4,956
 
$     12,628
 
$     12,642

E. Income Taxes
 
The effective tax rate ("ETR) for the three months ended September 30, 2015 and September 30, 2014 was 39.0% and 38.8%, respectively.  The effective tax rate for the nine months ended September 30, 2015 was 37.9% compared to 36.5% for the prior year nine month period.  During the nine month period ended September 30, 2014 we benefitted from the donation of appreciated securities used to fund our shareholder designated charitable contribution program.

F. Earnings Per Share

The computations of basic and diluted net income per share are as follows:

 
 
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
(in thousands, except per share amounts)
 
2015
   
2014
   
2015
   
2014
 
Basic:
 
   
         
Net income attributable to GAMCO Investors, Inc.'s shareholders
 
$
14,969
   
$
23,665
   
$
63,846
   
$
80,569
 
Weighted average shares outstanding
   
24,947
     
25,296
     
25,047
     
25,385
 
Basic net income attributable to GAMCO Investors, Inc.'s
                               
shareholders per share
 
$
0.60
   
$
0.94
   
$
2.55
   
$
3.17
 
 
                               
Diluted:
                               
Net income attributable to GAMCO Investors, Inc.'s shareholders
 
$
14,969
   
$
23,665
   
$
63,846
   
$
80,569
 
 
                               
Weighted average share outstanding
   
24,947
     
25,296
     
25,047
     
25,385
 
Dilutive stock options and restricted stock awards
   
294
     
221
     
290
     
210
 
Total
   
25,241
     
25,517
     
25,337
     
25,595
 
Diluted net income attributable to GAMCO Investors, Inc.'s
                               
shareholders per share
 
$
0.59
   
$
0.93
   
$
2.52
   
$
3.15
 
23


G. Debt

Debt consists of the following:

 
 
September 30, 2015
   
December 31, 2014
   
September 30, 2014
 
   
Carrying
   
Fair Value
   
Carrying
   
Fair Value
   
Carrying
   
Fair Value
 
 
 
Value
   
Level 2
   
Value
   
Level 2
   
Value
   
Level 2
 
(In thousands)
                       
5.875% Senior notes
 
$
100,000
   
$
106,625
   
$
100,000
   
$
110,123
   
$
100,000
   
$
108,200
 
0% Subordinated debentures
   
6,750
     
6,800
     
12,163
     
13,000
     
11,941
     
12,775
 
Total
 
$
106,750
   
$
113,425
   
$
112,163
   
$
123,123
   
$
111,941
   
$
120,975
 

5.875% Senior notes

On May 31, 2011, the Company issued 10-year, $100 million senior notes.  The notes mature on June 1, 2021 and bear interest at 5.875% per annum, payable semi-annually on June 1 and December 1 of each year and commenced on December 1, 2011.  Upon the occurrence of a change of control triggering event, as defined in the indenture, the Company would be required to offer to repurchase the notes at 101% of their principal amount.

Zero coupon Subordinated debentures due December 31, 2015

On December 31, 2010, the Company issued $86.4 million in par value of five year zero coupon subordinated debentures due December 31, 2015 ("Debentures") to its shareholders of record on December 15, 2010 through the declaration of a special dividend of $3.20 per share.  The Debentures have a par value of $100 and are callable at the option of the Company, in whole or in part, at any time or from time to time, at a redemption price equal to 100% of the principal amount of the Debentures to be redeemed.  During the three month period ended September 30, 2015 and September 30, 2014 the Company repurchased 16 Debentures and 1,032 Debentures, respectively, having a face value of $1,600 and $0.1 million, respectively.  The redemptions were accounted for as extinguishments of debt and resulted in losses of less than $1,000 and $10,000, respectively, which were included in net gain from investments on the condensed consolidated statements of income.  During the nine month periods ended September 30, 2015 and September 30, 2014, the Company repurchased 62,242 Debentures and 7,165 Debentures, respectively, having a face value of $6.2 million and $0.7 million, respectively.  The redemptions were accounted for as extinguishments of debt and resulted in losses of $310,000 and $84,000, respectively.  The debt is being accreted to its face value using the effective rate on the date of issuance of 7.45%.  At September 30, 2015, December 31, 2014 and September 30, 2014, the debt was recorded at its accreted value of $6.8 million, $12.2 million and $11.9 million, respectively.

The fair value of the Company's debt, which is a Level 2 valuation, is estimated based on either quoted market prices for the same or similar issues or on the current rates offered to the Company for debt of the same remaining maturities or using market standard models.  Inputs in these standard models include credit rating, maturity and interest rate.

On May 4, 2015, the Securities and Exchange Commission ("SEC") declared effective the "shelf" registration statement filed by the Company.  The "shelf" provides the Company with the flexibility of issuing any combination of senior and subordinated debt securities, convertible securities and common and preferred securities up to a total amount of $500 million and replaced the existing shelf registration which expired in May 2015.  As of September 30, 2015, $500 million is available on the shelf.

H. Stockholders' Equity
 
Shares outstanding were 25.5 million, 25.9 million and 25.9 million on September 30, 2015, December 31, 2014 and September 30, 2014, respectively.
24


Dividends
 
 
 Payment
Record
 
 
 
 Date
Date
Amount
         
Three months ended March 31, 2015
March 31, 2015
March 17, 2015
 
$
0.07
 
Three months ended June 30, 2015
June 30, 2015
June 16, 2015
   
0.07
 
Three months ended September 30, 2015
September 29, 2015
September 15, 2015
   
0.07
 
Nine months ended September 30, 2015
      
$
0.21
 
             
Three months ended March 31, 2014
March 25, 2014
March 11, 2014
 
$
0.06
 
Three months ended June 30, 2014
June 24, 2014
June 10, 2014
   
0.06
 
Three months ended September 30, 2014
September 30, 2014
September 16, 2014
   
0.06
 
Nine months ended September 30, 2014
      
$
0.18
 

Voting Rights

The holders of Class A Common stock ("Class A Stock") and Class B Common stock ("Class B Stock") have identical rights except that (i) holders of Class A Stock are entitled to one vote per share, while holders of Class B Stock are entitled to ten votes per share on all matters to be voted on by shareholders in general, and (ii) holders of Class A Stock are not eligible to vote on matters relating exclusively to Class B Stock and vice versa.

Stock Award and Incentive Plan
 
The Company maintains two Plans approved by the shareholders, which are designed to provide incentives which will attract and retain individuals key to the success of GBL through direct or indirect ownership of our common stock.  Benefits under the Plans may be granted in any one or a combination of stock options, stock appreciation rights, restricted stock, restricted stock units, stock awards, dividend equivalents and other stock or cash based awards.  A maximum of 3.5 million shares of Class A Stock have been reserved for issuance under the Plans by a committee of the Board of Directors responsible for administering the Plans ("Compensation Committee").  Under the Plans, the committee may grant RSAs and either incentive or nonqualified stock options with a term not to exceed ten years from the grant date and at an exercise price that the committee may determine.

On December 23, 2014, September 15, 2014 and January 9, 2014, the Company approved the granting of 73,000 RSA shares, 83,500 RSA shares and 2,100 RSA shares, respectively, at a grant date fair value of $87.99 per share, $73.41 per share and $81.99 per share, respectively.  As of September 30, 2015, December 31, 2014 and September 30, 2014, there were 688,550 RSA shares, 710,750 RSA shares and 639,750 RSA shares outstanding, respectively, that were previously issued at an average weighted grant price of $67.34, $67.45 and $65.12, respectively.  All grants of the RSA shares were recommended by the Company's Chairman, who did not receive a RSA, and approved by the Compensation Committee.  This expense, net of estimated forfeitures, is recognized over the vesting period for these awards which is either (1) 30% over three years from the date of grant and 70% over five years from the date of grant or (2) 30% over three years from the date of grant and 10% each year over years four through ten from the date of grant.  During the vesting period, dividends to RSA holders are held for them until the RSA vesting dates and are forfeited if the grantee is no longer employed by the Company on the vesting dates.  Dividends declared on these RSAs, less estimated forfeitures, are charged to retained earnings on the declaration date.
25


For the three months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $2.3 million and $1.8 million, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $6.8 million and $5.2 million, respectively.  Actual and projected stock-based compensation expense for RSA shares and options for the years ended December 31, 2015 through December 31, 2024 (based on awards currently issued or granted) is as follows (in thousands):

   
2014
   
2015
   
2016
   
2017
   
2018
   
2019
 
 
Q1
   
$
1,700
   
$
2,277
   
$
1,681
   
$
1,143
   
$
770
   
$
612
 
 
Q2
     
1,697
     
2,267
     
1,681
     
1,143
     
748
     
612
 
 
Q3
     
1,785
     
2,275
     
1,327
     
1,013
     
669
     
547
 
 
Q4
     
2,017
     
7,981
     
1,150
     
883
     
613
     
501
 
Full Year
   
$
7,199
   
$
14,800
   
$
5,839
   
$
4,182
   
$
2,800
   
$
2,272
 
                                                     
         
2020
     
2021
     
2022
     
2023
     
2024
         
 
Q1
   
$
350
   
$
227
   
$
146
   
$
76
   
$
12
         
 
Q2
     
319
     
227
     
146
     
76
     
12
         
 
Q3
     
264
     
179
     
104
     
38
     
9
         
 
Q4
     
227
     
145
     
76
     
11
     
-
         
Full Year
   
$
1,160
   
$
778
   
$
472
   
$
201
   
$
33
         
                                                     

The total compensation cost related to non-vested options not yet recognized is approximately $25.7 million as of September 30, 2015.  There were no options exercised for the three months ended September 30, 2015 or September 30, 2014.  For the nine months ended September 30, 2015 and September 30, 2014, proceeds from the exercise of 26,000 stock options and 40,000 stock options, respectively, were $1.2 million and $1.6 million, respectively, resulting in a tax benefit to GAMCO of $0.1 million and $0.3 million, respectively.

Stock Repurchase Program
 
In March 1999, GAMCO's Board of Directors established the Stock Repurchase Program to grant management the authority to repurchase shares of our Class A Common Stock.  On August 4, 2015, our Board of Directors authorized an incremental 500,000 shares to be added to the current buyback authorization.  For the three months ended September 30, 2015 and September 30, 2014, the Company repurchased 172,007 shares and 94,942 shares, respectively, at an average price per share of $61.11 and $77.67, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, the Company repurchased 321,488 shares and 319,662 shares, respectively, at an average price per share of $66.96 and $78.43, respectively.  From the inception of the program through September 30, 2015, 9,447,513 shares have been repurchased at an average price of $44.70 per share.  At September 30, 2015, the total shares available under the program to be repurchased in the future were 687,295.

I. Goodwill and Identifiable Intangible Assets

At September 30, 2015, $3.5 million of goodwill is reflected within other assets on the condensed consolidated statements of financial condition with $3.3 million related to a 94%-owned subsidiary, Gabelli Securities, Inc. and $0.2 million related to G.distributors, LLC.  The Company assesses the recoverability of goodwill at least annually, or more often should events warrant, using a qualitative assessment of whether it is more likely than not that an impairment has occurred to determine if a quantitative analysis is required.  There were no indicators of impairment for the three months ended September 30, 2015 or September 30, 2014, and as such there was no impairment analysis performed or charge recorded.

As a result of becoming the advisor to the Gabelli Enterprise Mergers and Acquisitions Fund and the associated consideration paid, the Company maintains an identifiable intangible asset of $1.9 million within other assets on the condensed consolidated statements of financial condition at September 30, 2015, December 31, 2014 and September 30, 2014.  The investment advisory agreement is subject to annual renewal by the fund's Board of Directors, which the Company expects to be renewed, and the Company does not expect to incur additional expense as a result, which is consistent with other investment advisory agreements entered into by the Company.  The advisory contract is next up for renewal in February 2016.  The Company assesses the recoverability of this intangible asset at least annually, or more often should events warrant.  There were no indicators of impairment for the three months ended September 30, 2015 or September 30, 2014, and as such there was no impairment analysis performed or charge recorded.

26


J. Commitments and Contingencies

From time to time, the Company may be named in legal actions and proceedings.  These actions may seek substantial or indeterminate compensatory as well as punitive damages or injunctive relief.  The Company is also subject to governmental or regulatory examinations or investigations.  The examinations or investigations could result in adverse judgments, settlements, fines, injunctions, restitutions or other relief.  For any such matters, the condensed consolidated financial statements include the necessary provisions for losses that the Company believes are probable and estimable.  Furthermore, the Company evaluates whether there exist losses which may be reasonably possible and will, if material, make the necessary disclosures.  However, management believes such amounts, both those that are probable and those that are reasonably possible, are not material to the Company's financial condition, operations or cash flows at September 30, 2015.

The Company indemnifies the clearing brokers of G.research, Inc., our broker-dealer subsidiary, for losses they may sustain from the customer accounts that trade on margin introduced by it.  At September 30, 2015, the total amount of customer balances subject to indemnification (i.e. unsecured margin debits) was immaterial.  The Company also has entered into arrangements with various other third parties many of which provide for indemnification of the third parties against losses, costs, claims and liabilities arising from the performance of obligations under the agreements.  The Company has had no claims or payments pursuant to these or prior agreements and believes the likelihood of a claim being made is remote.  The Company's estimate of the value of such agreements is de minimis, and therefore an accrual has not been made on the condensed consolidated financial statements.

K. Subsequent Events
 
From October 1, 2015 to November 4, 2015, the Company repurchased 91,740 shares at $57.53 per share.

On October 12, 2015, the Board of Directors accelerated the lapse of restrictions on the November 2013 grant of restricted stock awards ("RSAs") effective on October 19, 2015. There were 130,650 RSAs outstanding relating to this grant. As a result of the acceleration, GAMCO will incur a fourth quarter non-cash charge of $5.7 million or $0.13 per diluted share (after management fee and tax benefit).  557,900 RSAs will still remain outstanding after the acceleration of the November 2013 grant.

On October 13, 2015 GAMCO announced that it had again adopted a Shareholder Designated Charitable Contribution program for all registered Class A and Class B shareholders. Based on the approximately 21 million shares currently registered in shareholders' names, the total contribution GAMCO is expected to make will be $5.3 million. If all shares outstanding are registered in their shareholders' name at the record date, the total contribution would increase to $6.4 million.
 
On November 2, 2015, GAMCO announced that its Board of Directors had approved the spin-off of Associated Capital Group, Inc. (“AC”), which will include GAMCO’s alternative investment management business, its institutional research services business and financial assets.  The distribution is expected to occur at 11:59 p.m. on November 30, 2015 with GAMCO shareholders receiving one share of Associated Capital Group class A common stock for each share of GAMCO class A common stock held on November 12, 2015, the record date, and one share of Associated Capital Group class B common stock for each share of GAMCO class B common stock held on the record date.

On November 4, 2015, the Board of Directors declared its regular quarterly dividend of $0.07 per share to all of its shareholders, payable on December 29, 2015 to shareholders of record on December 15, 2015.
 
GAMCO has received a commitment from a related party whereby it will provide to GAMCO a single purpose $100 million line of credit to be drawn upon only to prepay any or all of the outstanding 5.875% Senior Notes (due June 1, 2021).  This line of credit will be available for drawdown during a 90 day period to commence on a date to be determined.
27


ITEM 2:  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (INCLUDING QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK)

Overview
 
GAMCO, through the Gabelli brand, well known for its Private Market Value (PMV) with a CatalystTM investment approach, is a widely-recognized provider of investment advisory services to open- and closed-end funds, institutional and private wealth management investors, and investment partnerships, principally in the United States.  Through G.research, LLC ("G.research"), we provide institutional research and brokerage services to institutional clients and investment partnerships.  Through G.distributors, LLC ("G.distributors"), we provide mutual fund distribution.  We generally manage assets on a fully discretionary basis and invest in a variety of U.S. and international securities through various investment styles.  Our revenues are based primarily on the Company's levels of assets under management and fees associated with our various investment products.
 
Our revenues are highly correlated to the level of assets under management and fees associated with our various investment products, rather than our own corporate assets.  Assets under management, which are directly influenced by the level and changes of the overall equity markets, can also fluctuate through acquisitions, the creation of new products, the addition of new accounts or the loss of existing accounts.  Since various equity products have different fees, changes in our business mix may also affect revenues.  At times, the performance of our equity products may differ markedly from popular market indices, and this can also impact our revenues.  General stock market trends will have the greatest impact on our level of assets under management and hence, on revenues.

We conduct our investment advisory business principally through the following subsidiaries: GAMCO Asset Management Inc. (Institutional and Private Wealth Management), Gabelli Funds, LLC (Funds) and Gabelli Securities, Inc. (Investment Partnerships).  We also act as an underwriter and provide institutional research through G.research, one of our broker-dealer subsidiaries.  The distribution of our open-end funds is conducted through G.distributors, our other broker-dealer subsidiary.
 
Assets under management ("AUM") were $39.6 billion as of September 30, 2015, a decrease of 12.9% from AUM of $45.4 billion at June 30, 2015 and 15.7% from the September 30, 2014 AUM of $46.9 billion.  The third quarter 2015 decrease in AUM of $5.8 billion consisted of net cash outflows of $1.9 billion, $3.8 billion of market depreciation and recurring distributions, net of reinvestments, from open-end and closed-end funds of $0.1 million.  Average total AUM was $42.7 billion in the 2015 quarter versus $48.4 billion in the prior year period, a decrease of 11.8%.  Average AUM in our open-end equity funds, a key driver to our investment advisory fees, was $15.2 billion in the third quarter of 2015, falling 16.0% from the 2014 quarter average AUM of $18.1 billion.

In addition to management fees, we earn incentive fees for certain institutional client assets, certain assets attributable to preferred issues of our closed-end funds, to our GDL Fund (NYSE: GDL) and investment partnership assets.  As of September 30, 2015, assets under management with incentive based fees were $3.9 billion, a decrease of $1.0 billion, or 20.4%, from the $4.9 billion at June 30, 2015 and 13.3% lower than the $4.5 billion on September 30, 2014. 

On May 12, 2015, a Form 10 was filed for the potential restructuring that will enable the Company to further increase its market focus.  Subsequently, we filed subsequent amendments over the course of several months with the most recent amendment having been filed on October 30, 2015.  On November 2, 2015, GAMCO announced that its Board of Directors had approved the spin-off of Associated Capital Group, Inc. (“AC”), which will include GAMCO’s alternative investment management business, its institutional research services business and financial assets.  The distribution is expected to occur at 11:59 p.m. on November 30, 2015 with GAMCO shareholders receiving one share of Associated Capital Group class A common stock for each share of GAMCO class A common stock held on November 12, 2015, the record date, and one share of Associated Capital Group class B common stock for each share of GAMCO class B common stock held on the record date.
28


The Company reported Assets Under Management as follows (in millions):
             
                     
Table I: Fund Flows - 3rd Quarter 2015
   
   
   
   
 
 
 
   
   
   
Fund
   
 
 
 
   
Market
   
   
distributions,
   
 
 
 
June 30,
   
appreciation/
   
Net cash
   
net of
   
September 30,
 
 
 
2015
   
(depreciation)
   
flows
   
reinvestments
   
2015
 
Equities:
 
   
   
   
   
 
Open-end Funds
 
$
15,984
   
$
(1,289
)
 
$
(606
)
 
$
(14
)
 
$
14,075
 
Closed-end Funds
   
6,981
     
(663
)
   
(5
)
   
(108
)
   
6,205
 
Institutional & PWM - direct
   
16,011
     
(1,497
)
   
(1,324
)
   
-
     
13,190
 
Institutional & PWM - sub-advisory
   
3,703
     
(345
)
   
(56
)
   
-
     
3,302
 
Investment Partnerships
   
937
     
(31
)
   
41
     
-
     
947
 
SICAV (a)
   
152
     
(5
)
   
27
     
-
     
174
 
Total Equities
   
43,768
     
(3,830
)
   
(1,923
)
   
(122
)
   
37,893
 
Fixed Income:
                                       
Money-Market Fund
   
1,600
     
-
     
37
     
-
     
1,637
 
Institutional & PWM
   
46
     
-
     
(1
)
   
-
     
45
 
Total Fixed Income
   
1,646
     
-
     
36
     
-
     
1,682
 
Total Assets Under Management
 
$
45,414
   
$
(3,830
)
 
$
(1,887
)
 
$
(122
)
 
$
39,575
 
 
                                       
(a)  Includes $45 million and $42 million of seed capital at June 30, 2015 and September 30, 2015, respectively.
 
                     
Table II: Fund Flows - Year to date September 2015
                 
               
Fund
     
       
Market
       
distributions,
     
   
December 31,
   
appreciation/
   
Net cash
   
net of
   
September 30,
 
   
2014
   
(depreciation)
   
flows
   
reinvestments
   
2015
 
Equities:
                   
Open-end Funds
 
$
17,684
   
$
(1,210
)
 
$
(2,343
)
 
$
(56
)
 
$
14,075
 
Closed-end Funds
   
6,949
     
(541
)
   
138
     
(341
)
   
6,205
 
Institutional & PWM - direct
   
16,597
     
(1,372
)
   
(2,035
)
   
-
     
13,190
 
Institutional & PWM - sub-advisory
   
3,704
     
(202
)
   
(200
)
   
-
     
3,302
 
Investment Partnerships
   
905
     
(4
)
   
46
     
-
     
947
 
SICAV (a)
   
135
     
(8
)
   
47
     
-
     
174
 
Total Equities
   
45,974
     
(3,337
)
   
(4,347
)
   
(397
)
   
37,893
 
Fixed Income:
                                       
Money-Market Fund
   
1,455
     
-
     
182
     
-
     
1,637
 
Institutional & PWM
   
58
     
-
     
(13
)
   
-
     
45
 
Total Fixed Income
   
1,513
     
-
 
   
169
 
   
-
 
   
1,682
 
Total Assets Under Management
 
$
47,487
   
$
(3,337
 
$
(4,178
)
 
$
(397
)
 
$
39,575
 
                                         
(a)  Includes $71 million and $42 million of seed capital at December 31, 2014 and September 30, 2015, respectively.
29


Table III: AUM Summary 
 
   
   
   
% Change From
 
 
 
September 30,
   
June 30,
   
September 30,
   
June 30,
   
September 30,
 
 
 
2015
   
2015
   
2014
   
2015
   
2014
 
Equities:
 
   
   
   
   
 
Open-end Funds
 
$
14,075
   
$
15,984
   
$
17,458
     
(11.9
%)
   
(19.4
%)
Closed-end Funds
   
6,205
     
6,981
     
6,963
     
(11.1
)
   
(10.9
)
Institutional & PWM - direct
   
13,190
     
16,011
     
16,223
     
(17.6
)
   
(18.7
)
Institutional & PWM - sub-advisory
   
3,302
     
3,703
     
3,525
     
(10.8
)
   
(6.3
)
Investment Partnerships
   
947
     
937
     
899
     
1.1
     
5.3
 
SICAV (a)
   
174
     
152
     
121
     
14.5
     
43.8
 
Total Equities
   
37,893
     
43,768
     
45,189
     
(13.4
)
   
(16.1
)
Fixed Income:
                                       
Money-Market Fund
   
1,637
     
1,600
     
1,698
     
2.3
     
(3.6
)
Institutional & PWM
   
45
     
46
     
60
     
(2.2
)
   
(25.0
)
Total Fixed Income
   
1,682
     
1,646
     
1,758
     
2.2
     
(4.3
)
Total Assets Under Management
 
$
39,575
   
$
45,414
   
$
46,947
     
(12.9
)
   
(15.7
)
 
                                       
(a)  Includes $42 million, $45 million and $70 million of seed capital at September 30, 2015, June 30, 2015 and September 30, 2014, respectively.

30

The following discussion should be read in conjunction with the unaudited Condensed Consolidated Financial Statements and the notes thereto included in Item 1 to this report.

RESULTS OF OPERATIONS
 
Three Months Ended September 30, 2015 Compared To Three Months Ended September 30, 2014
 
(Unaudited; in thousands, except per share data)
 
 
 
 
2015
   
2014
 
Revenues
 
   
 
  Investment advisory and incentive fees
 
$
82,182
   
$
92,591
 
  Distribution fees and other income
   
12,301
     
15,727
 
  Institutional research services
   
2,063
     
2,540
 
Total revenues
   
96,546
     
110,858
 
Expenses
               
  Compensation
   
39,731
     
43,316
 
  Management fee
   
2,682
     
3,756
 
  Distribution costs
   
12,344
     
15,101
 
  Other operating expenses
   
5,593
     
5,099
 
Total expenses
   
60,350
     
67,272
 
Operating income
   
36,196
     
43,586
 
Other income (expense)
               
  Net gain from trading securities
   
(11,467
)
   
(9,086
)
  Interest and dividend income
   
884
     
1,084
 
  Interest expense
   
(1,917
)
   
(1,987
)
Total other income/(expense), net
   
(12,500
)
   
(9,989
)
Income before income taxes
   
23,696
     
33,597
 
Income tax provision
   
9,245
     
13,045
 
Net income
   
14,451
     
20,552
 
Net income/(loss) attributable to noncontrolling interests
   
(518
)
   
(3,113
)
Net income attributable to GAMCO Investors, Inc.'s shareholders
 
$
14,969
   
$
23,665
 
 
               
Net income attributable to GAMCO Investors, Inc.'s shareholders per share:
               
Basic
 
$
0.60
   
$
0.94
 
Diluted
 
$
0.59
   
$
0.93
 
 
               

Overview

Net income attributable to shareholders of GAMCO for the quarter was $15.0 million, or $0.59 per fully diluted share, versus $23.7 million, or $0.93 per fully diluted share, in the prior year's quarter.  The quarter to quarter comparison was impacted by lower revenues, lower income from firm investments and increased stock compensation costs.

Revenues
 
Investment advisory and incentive fees for the third quarter 2015 were $82.2 million, 11.2% lower than the 2014 comparative figure of $92.6 million.  Open-end fund revenues decreased by 16.7% to $36.8 million from $44.2 million in the third quarter of 2014 driven by a 16.0% decrease in average open-end equity AUM.  Our closed-end fund revenues decreased 8.9% to $14.3 million in the third quarter 2015 from $15.7 million in 2014 due to a 7.6% decrease in non-performance fee based average AUM.  Institutional and private wealth management account revenues, excluding incentive fees, which are generally based on beginning of quarter AUM, decreased $2.0 million to $28.8 million from $30.8 million in third quarter 2014.  There were no incentive fees earned during the third quarter 2015. Incentive fees earned during the third quarter 2014 were $0.1 million.  Investment partnership revenues were $2.3 million, an increase of 27.8% from $1.8 million in third quarter 2014 due to an increase in average AUM resulting from a combination of market performance and net inflows.

Open-end fund distribution fees and other income were $12.3 million for the third quarter 2015, a decrease of $3.4 million or 21.7% from $15.7 million in the prior year period, primarily due to lower average AUM in open-end equity funds that generate distribution fees and decreased level of sales of load shares of open-end funds.
 
31

Our institutional research revenues were $2.1 million in the third quarter 2015 compared to $2.5 million reported in the prior year period.

Expenses
 
Compensation costs, which are largely variable, were $39.7 million or 8.3% lower than prior year compensation costs of $43.3 million.  The quarter over quarter decrease was comprised of a $3.1 million decrease in variable compensation related to the decreased levels of AUM partially offset by a $0.5 million increase in stock compensation expense recognized for RSAs issued in 2014 and a $1.0 million decrease in fixed compensation, primarily relating to reduced bonus accruals in the current quarter.

Management fee expense, which is wholly variable and based on pretax income, decreased to $2.7 million in the third quarter of 2015 from $3.8 million in the 2014 period.
 
Distribution costs were $12.3 million, a decrease of $2.8 million or 18.5% from $15.1 million in the prior year's period.  The decline in distribution costs was driven by lower AUM which resulted in reduced payments to third parties for distribution of $2.2 million and lower amortization of advanced commissions of $0.5 million.
 
Other operating expenses were $5.6 million in the third quarter of 2015, an increase of $0.5 million, or 9.8%, from $5.1 million in the third quarter of 2014.  The prior year quarter benefitted from insurance reimbursements of $0.8 million for legal and regulatory costs previously incurred and expensed.  Excluding these costs in the current quarter and reimbursements in the prior year quarter other operating expenses decreased $0.3, or 5.1% to $5.6 million in the third quarter of 2015 from $5.9 million in the prior year quarter.

Operating income for the third quarter of 2015 was $36.2 million, a decrease of $7.4 million, or 17.0%, from the $43.6 million in the third quarter of 2014.  Operating income, as a percentage of revenues, was 37.5% in the 2015 quarter as compared to 39.3% in the 2014 quarter.

Other
 
Total other expense was a net expense of $12.5 million for the third quarter 2015 versus a net expense of $10.0 million in the prior year's quarter.  Realized and unrealized losses in our trading portfolio were $11.5 million in the 2015 quarter versus $9.1 million in the 2014 quarter.  Interest and dividend income decreased to $0.9 million in the third quarter 2015 from $1.1 million in the third quarter 2014.  Interest expense decreased $0.1 million to $1.9 million in the third quarter 2015 from $2.0 million in the third quarter of 2014.
 
The effective tax rates ("ETR") for the three months ended September 30, 2015 and September 30, 2014 were 39.0% and 38.8%, respectively.  Excluding net income (loss) attributable to noncontrolling interests, the ETR was 38.2% and 35.5% for the third quarters of 2015 and 2014, respectively.  The ETR for the three months ended September 30, 2014 was reduced by 2.6% for a state refund.


32

Nine Months Ended September 30, 2015 Compared To Nine Months Ended September 30, 2014

(Unaudited; in thousands, except per share data)
   
   
2015
   
2014
 
Revenues
       
  Investment advisory and incentive fees
 
$
257,563
   
$
270,544
 
  Distribution fees and other income
   
39,402
     
43,367
 
  Institutional research services
   
6,130
     
6,720
 
Total revenues
   
303,095
     
323,631
 
Expenses
               
  Compensation
   
127,627
     
131,258
 
  Management fee
   
11,360
     
13,628
 
  Distribution costs
   
39,747
     
44,087
 
  Other operating expenses
   
19,271
     
17,036
 
Total expenses
   
198,005
     
206,009
 
Operating income
   
105,090
     
117,622
 
Other income
               
  Net gain from trading securities
   
(614
)
   
7,468
 
  Interest and dividend income
   
3,227
     
3,557
 
  Interest expense
   
(5,899
)
   
(6,000
)
Total other income/(expense), net
   
(3,286
)
   
5,025
 
Income before income taxes
   
101,804
     
122,647
 
Income tax provision
   
38,547
     
44,796
 
Net income
   
63,257
     
77,851
 
Net income/(loss) attributable to noncontrolling interests
   
(589
)
   
(2,718
)
Net income attributable to GAMCO Investors, Inc.'s shareholders
 
$
63,846
   
$
80,569
 
                 
Net income attributable to GAMCO Investors, Inc.'s shareholders per share:
               
Basic
 
$
2.55
   
$
3.17
 
Diluted
 
$
2.52
   
$
3.15
 
                 
 
Overview

Net income attributable to shareholders of GAMCO for the first nine months of 2015 was $63.8 million or $2.52 per fully diluted share versus $80.6 million or $3.15 per fully diluted share in the prior year's first nine months.  The period to period comparison was impacted by lower revenues, lower income from firm investments and increased stock compensation costs.

Revenues
 
Investment advisory and incentive fees for the nine months ended September 30, 2015 were $257.6 million, 4.8% below the comparable 2014 figure of $270.5 million.  Open-end fund revenues decreased by 8.7% to $117.0 million from $128.1 million in first nine months 2014 driven by a 8.3% decrease in average open-end equity AUM.  Our closed-end fund revenues decreased 1.5% to $44.6 million in the first nine months of 2015 from $45.3 million in 2014 due to a 1.3% decrease in non-performance fee based average AUM.  Institutional and private wealth management account revenues, excluding incentive fees, which are generally based on beginning of quarter AUM, decreased $2.4 million, or 2.6%, to $88.8 million from $91.2 million in first nine months of 2014.  During the first nine months of 2015 we earned $0.8 million in incentive fees versus the $0.9 million earned in the first nine months of 2014.  Investment partnership revenues were $6.3 million, an increase of 26.0% from $5.0 million for the nine months ended September 30, 2014 due to an increase in average AUM resulting from net inflows.
 
Open-end fund distribution fees and other income were $39.4 million for the first nine months of 2015, a decrease of $7.0 million or 15.1% from $46.4 million in the prior year period, primarily due to lower average AUM in open-end equity funds that generate distribution fees and decreased level of sales of load shares of open-end funds.

Our institutional research revenues were $6.1 million in the first nine months of 2015 versus $6.7 million in the prior year period.


33


Expenses
 
Compensation costs, which are largely variable, were $127.6 million, or 2.8% lower, than the prior year compensation costs of $131.3 million.  The $5.0 million decrease in variable compensation related to the decreased levels of AUM and a $0.3 million decrease in fixed compensation was partially offset by a $1.6 million increase in stock compensation expense recognized for RSAs issued in 2014.

Management fee expense, which is wholly variable and based on pretax income, decreased to $11.4 million for the nine months ended September 30, 2015 from $13.6 million in the 2014 period.
 
Distribution costs were $39.7 million, a decrease of $4.4 million or 10.0% from $44.1 million in the prior year's period.  The decline in distribution costs was driven by lower AUM which resulted in reduced payments to third parties for distribution of $2.7 million and lower amortization of advanced commissions of $1.6 million partially offset by $1.0 million of expenses in the current period for launching our first London stock exchange listed closed-end fund.

Other operating expenses were $19.3 million in the first nine months of 2015, an increase of $2.3 million, or 13.5%, from $17.0 million in the first nine months of 2014.  The current year period includes $1.5 million in costs associated with the possible restructuring that the Company is exploring while the prior year period benefitted from insurance reimbursements of $1.3 million for legal and regulatory costs previously incurred and expensed.  Excluding these costs in the current period and the reimbursements in the prior period other operating expenses decreased $0.5 million, or 2.7%, to $17.8 million in the first nine months of 2015 from $18.3 million in the first nine months of 2014.

Operating income for the first nine months of 2015 was $105.1 million, a decrease of $12.5 million, or 10.6%, from the $117.6 million in the first nine months of 2014.  Operating income, as a percentage of revenues, was 34.7% in the 2015 period as compared to 36.3% in the 2014 period.

Other
 
Total other income/(expense), net of interest expense, was $3.3 million for the first nine months of 2015 versus income of $5.0 million in the prior year's quarter.  Realized and unrealized gains in our trading portfolio were $614,000 in the 2015 period versus $7.6 million in the 2014 period.  The 2014 period included $4.1 million in gains related to sales and donations of one AFS security.  There are no similar gains in the 2015 period.  Interest and dividend income were $3.2 million in the 2015 period versus $3.6 million in the 2014 period.  Interest expense decreased to $5.9 million in the 2015 period compared to $6.0 million in the 2014 period.
 
The effective tax rate for the nine months ended September 30, 2015 was 37.9% as compared to the prior year period's effective rate of 36.5%.  Excluding net income (loss) attributable to noncontrolling interests, the ETR was 37.6% and 35.7% for the first nine months of 2015 and 2014, respectively.  The primary contributor to the lower ETR in the 2014 period was the donation of appreciated securities used to fund our shareholder designated charitable contribution program.

LIQUIDITY AND CAPITAL RESOURCES

Our principal assets are highly liquid in nature and consist of cash and cash equivalents, short-term investments, securities held for investment purposes, investments in funds, and investment partnerships.  Cash and cash equivalents are comprised primarily of 100% U.S. Treasury money market funds managed by GAMCO.  Although investments in partnerships and offshore funds are subject to restrictions as to the timing of distributions, the underlying investments of such partnerships or funds are, for the most part, liquid, and the valuations of these products reflect that underlying liquidity.

34

Summary cash flow data is as follows:
   
Nine months ended
 
   
September 30,
 
 
 
2015
   
2014
 
Cash flows provided by (used in):
 
(in thousands)
 
  Operating activities
 
$
200,176
   
$
122,150
 
  Investing activities
   
(41,412
)
   
2,593
 
  Financing activities
   
(31,403
)
   
23,222
 
  Effect of exchange rates on cash and cash equivalents
   
8
     
5
 
  Net increase
   
127,369
     
147,970
 
  Cash and cash equivalents at beginning of period
   
298,224
     
210,451
 
  Increase in cash from consolidation
   
10
     
-
 
  Increase in cash from deconsolidation
   
13
     
-
 
  Cash and cash equivalents at end of period
 
$
425,616
   
$
358,421
 
 
               

Cash and liquidity requirements have historically been met through cash generated by operating income and our borrowing capacity.  We filed a registration statement with the SEC in 2015 which, among other things, provides us opportunistic flexibility to sell any combination of senior and subordinate debt securities, convertible debt securities, equity securities (including common and preferred stock), and other securities up to a total amount of $500 million.  The shelf is available through May 4, 2018, at which time it may be renewed.

At September 30, 2015, we had total cash and cash equivalents of $425.6 million, an increase of $127.4 million from December 31, 2014.  Cash and cash equivalents of $0.1 million and investments in securities of $8.5 million held by consolidated investment partnerships and offshore funds may not be readily available for the Company to access.  Total debt outstanding at September 30, 2015 was $106.8 million, consisting of $6.8 million in Debentures (face value of $6.9 million) and $100 million of 5.875% senior notes due 2021.
 
For the nine months ended September 30, 2015, cash provided by operating activities was $200.2 million, an increase of $78.0 million from cash provided in the prior year period of $122.2 million.  Cash was provided through a decrease of $19.8 million in other assets, a $18.5 million decrease in net contributions and distributions to/from partnerships, a $6.7 million increase to accrued expenses and other liabilities, a decrease of $51.5 million in trading securities, a $6.9 million increase in payables to brokers, a decrease in receivable from brokers of $5.7, and $1.0 from other sources.  Reducing cash was an increase in investment advisory fees receivables collected of $7.3 million, a decrease in compensation payable of $10.1 million, a decrease in net income of $14.6 million and a decrease in income taxes payable and deferred tax liabilities of $0.1 million.  Cash used in investing activities, related to purchases and proceeds from sales of available for sale securities, was $41.4 million in the first nine months of 2015.  Cash used in financing activities in the first nine months of 2015 was $31.4 million including $5.3 million paid in dividends, $21.5 million paid for the purchase of treasury stock and $6.2 million for the repurchase of zero coupon subordinated debentures partially offset by $1.2 million in proceeds from the exercise of stock options.

For the nine months ended September 30, 2014, cash provided by operating activities was $122.2 million.  Cash provided by investing activities, related to purchases and proceeds from sales of available for sale securities, was $2.6 million in the first nine months of 2014.  Cash provided by financing activities in the first nine months of 2014 was $23.2 million.

Based upon our current level of operations and anticipated growth, we expect that our current cash balances plus cash flows from operating activities and our borrowing capacity will be sufficient to finance our working capital needs for the foreseeable future.  We have no material commitments for capital expenditures.
 
We have two broker-dealers, G.research and G.distributors, which are subject to certain net capital requirements.  Both broker-dealers compute their net capital under the alternative method permitted, which requires minimum net capital of the greater of $250,000 or 2% of the aggregate debit items in the reserve formula for those broker-dealers subject to Rule 15c3-3 promulgated under the Securities Exchange Act of 1934.  The requirement was $250,000 for each broker-dealer at September 30, 2015.  At September 30, 2015, G.research had net capital, as defined, of approximately $8.3 million, exceeding the regulatory requirement by approximately $8.1 million, and G.distributors had net capital, as defined, of approximately $5.5 million, exceeding the regulatory requirement by approximately $5.2 million.  Net capital requirements for our affiliated broker-dealers may increase in accordance with rules and regulations to the extent they engage in other business activities.



35

Market Risk
 
Our primary market risk exposure is to changes in equity prices and interest rates.  Since over 90% of our AUM are equities, our financial results are subject to equity-market risk as revenues from our investment management services are sensitive to stock market dynamics.  In addition, returns from our proprietary investment portfolio are exposed to interest rate and equity market risk.

The Company's Chief Investment Officer oversees the proprietary investment portfolios and allocations of proprietary capital among the various strategies.  The Chief Investment Officer and the Board of Directors review the proprietary investment portfolios throughout the year.  Additionally, the Company monitors its proprietary investment portfolios to ensure that they are in compliance with the Company's guidelines.

Equity Price Risk
 
The Company earns substantially all of its revenue as advisory and distribution fees from our affiliated open-end and closed-end funds, Institutional and Private Wealth Management assets, and Investment Partnership assets.  Such fees represent a percentage of AUM, and substantially all of these assets are in equity investments.  Accordingly, since revenues are proportionate to the value of those investments, a substantial increase or decrease in equity markets overall will have a corresponding effect on the Company's revenues.
 
With respect to our proprietary investment activities, included in investments in securities of $126.9 million and investments in sponsored registered investment companies of $115.0 million at September 30, 2015 were investments in open-end funds and closed-end funds, largely invested in equity products, of $119.4 million, a selection of common and preferred stocks totaling $121.8 million, and other investments of approximately $0.7 million.  In addition, we may alter our investment holdings from time to time in response to changes in market risks and other factors considered appropriate by management.  Of the approximately $121.8 million invested in common and preferred stocks at September 30, 2015, $34.1 million represented our investment in Westwood Holdings Group Inc., and $71.7 million was invested by the Company in risk arbitrage opportunities in connection with mergers, consolidations, acquisitions, tender offers or other similar transactions.  Risk arbitrage generally involves announced deals with agreed upon terms and conditions, including pricing, which typically involve less market risk than common stocks held in a trading portfolio.  The principal risk associated with risk arbitrage transactions is the inability of the companies involved to complete the transaction.  Securities sold, not yet purchased are stated at fair value and are subject to market risks resulting from changes in price and volatility.  At September 30, 2015, the fair value of securities sold, not yet purchased was $5.6 million.  Investments in partnerships totaled $101.0 million at September 30, 2015, $62.8 million of which consisted of investment partnerships and offshore funds which invest in risk arbitrage opportunities.

The following table provides a sensitivity analysis for our investments in equity securities and partnerships and affiliates which invest primarily in equity securities, excluding arbitrage products for which the principal exposure is to deal closure and not overall market conditions, as of September 30, 2015 and December 31, 2014.  The sensitivity analysis assumes a 10% increase or decrease in the value of these investments (in thousands):


   
   
Fair Value
   
Fair Value
 
 
 
   
assuming
   
assuming
 
 
 
   
10% decrease in
   
10% increase in
 
  (unaudited)
 
Fair Value
   
equity prices
   
equity prices
 
At September 30, 2015:
 
   
   
 
Equity price sensitive investments, at fair value
 
$
208,490
   
$
187,641
   
$
229,339
 
At December 31, 2014:
                       
Equity price sensitive investments, at fair value
 
$
243,720
   
$
219,348
   
$
268,092
 
 
                       
36


Interest Rate Risk
 
Our exposure to interest rate risk results, principally, from our investment of excess cash in a sponsored money market fund that holds U.S. Government securities.  These investments are primarily short term in nature, and the carrying value of these investments generally approximates fair value.  Based on September 30, 2015, cash and cash equivalent balance of $425.6 million, a 1% increase in interest rates would increase our interest income by $4.3 million annually.  Given that our current return on these cash equivalent investments in this low interest rate environment is approximately 0.0% annually, an analysis of a 1% decrease is not meaningful.

Currency Risk

We operate offices outside the United States in London, Shanghai and Tokyo from which we perform sales, marketing and research activities.  In connection with these offices, we transact business in multiple currencies, primarily British Pounds and Japanese Yen.  We are a net payer of foreign currencies and therefore benefit from a strengthening U.S. dollar and are adversely affected when the U.S. dollar weakens relative to the foreign currencies.  We project our future currency needs on a net basis and may from time to time purchase foreign currencies or enter into foreign exchange forward contracts as a way to minimize our foreign exchange risk.  Historically these amounts have not been material.  In addition, we may use foreign exchange forward contracts to offset the foreign exchange risk on investments held in foreign denominated funds, including the Gabelli Value Plus+ Trust Ltd. which is denominated in British Pounds.  In May 2015, we entered into a foreign exchange forward contract to hedge the full value of our Gabelli Value Plus+ Trust Ltd. investment.  Absent such hedging strategies, a hypothetical 10% change in the U.S dollar to British Pound exchange rate would have increased or decreased the value of the investment we had in this fund on September 30, 2015 by $3.8 million.  Because this investment is classified as an AFS security, the net unrealized change on this investment due to currency fluctuation prior to the inception of the hedge would be included in other comprehensive income and after the inception would be included in net gain/(loss) from investments on the condensed consolidated statements of income.  Changes in fair value of the related designated hedge are also included in net gain/(loss) from investments on the condensed consolidated statements of income.

Critical Accounting Policies and Estimates
 
The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods.  Actual results could differ significantly from those estimates.  See Note A and the Company's Critical Accounting Policies in Management's Discussion and Analysis of Financial Condition and Results of Operations in GAMCO's 2014 Annual Report on Form 10-K filed with the SEC on March 6, 2015 for details on Critical Accounting Policies.
 
Item 3.  Quantitative and Qualitative Disclosures About Market Risk
 
In the normal course of its business, GAMCO is exposed to risk of loss due to fluctuations in the securities market and general economy. Management is responsible for identifying, assessing and managing market and other risks. 

Our exposure to pricing risk in equity securities is directly related to our role as financial intermediary and advisor for AUM in our affiliated open-end and closed-end funds, institutional and private wealth management accounts, and investment partnerships as well as our proprietary investment and trading activities.  At September 30, 2015, we had equity investments, including open-end funds largely invested in equity products, of $241.9 million.  Investments in open-end funds and closed-end funds, $119.4 million, usually generate lower market risk through the diversification of financial instruments within their portfolios.  In addition, we may alter our investment holdings from time to time in response to changes in market risks and other factors considered appropriate by management.  We also hold investments in partnerships which invest primarily in equity securities and which are subject to changes in equity prices.  Investments in partnerships totaled $101.0 million, of which $62.8 million were invested in partnerships which invest in risk arbitrage.  Risk arbitrage is primarily dependent upon deal closure rather than the overall market environment.  The equity investment portfolio is at fair value and will move in line with the equity markets.  The trading portfolio changes are recorded as net gain from investments in the condensed consolidated statements of income while the available for sale portfolio changes are recorded in accumulated other comprehensive income in the condensed consolidated statements of financial condition.

Item 4.  Controls and Procedures
 
We evaluated the effectiveness of our disclosure controls and procedures as of September 30, 2015.  Disclosure controls and procedures as defined under the Exchange Act Rule 13a-15(e), are designed to ensure that the information we are required to disclose in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time period specified in SEC rules and regulations.  Disclosure controls and procedures include, without limitation, controls and procedures accumulated and communicated to our management, including our Chief Executive Officer ("CEO") and Co-Chief Accounting Officers ("CAOs"), to allow timely decisions regarding required disclosure.  Our CEO and CAOs participated in this evaluation and concluded that, as of the date of September 30, 2015, our disclosure controls and procedures were effective.
 
37

There have been no changes in our internal control over financial reporting as defined by Rule 13a-15(f) that occurred during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Forward-Looking Information
 
Our disclosure and analysis in this report contain some forward-looking statements.  Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results.  Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, there can be no assurance that our actual results will not differ materially from what we expect or believe. Some of the factors that could cause our actual results to differ from our expectations or beliefs include, without limitation: the adverse effect from a decline in the securities markets; a decline in the performance of our products; a general downturn in the economy; changes in government policy or regulation; changes in our ability to attract or retain key employees; and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations. We also direct your attention to any more specific discussions of risk contained in our Form 10-Q and other public filings.  We are providing these statements as permitted by the Private Litigation Reform Act of 1995. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations or if we receive any additional information relating to the subject matters of our forward-looking statements.

Part II:  Other Information

Item 1. Legal Proceedings

From time to time, the Company may be named in legal actions and proceedings.  These actions may seek substantial or indeterminate compensatory as well as punitive damages or injunctive relief.  The Company is also subject to governmental or regulatory examinations or investigations.  The examinations or investigations could result in adverse judgments, settlements, fines, injunctions, restitutions or other relief.  For any such matters, the condensed consolidated financial statements include the necessary provisions for losses that the Company believes are probable and estimable.  Furthermore, the Company evaluates whether there exist losses which may be reasonably possible and will, if material, make the necessary disclosures.  However, management believes such amounts, both those that are probable and those that are reasonably possible, are not material to the Company's financial condition, operations or cash flows at September 30, 2015.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table provides information with respect to the repurchase of Class A Common Stock of GAMCO during the three months ended September 30, 2015:

 
 
   
   
(c) Total Number of
   
(d) Maximum
 
 
 
(a) Total
   
(b) Average
   
Shares Repurchased as
   
Number of Shares
 
 
 
Number of
   
Price Paid Per
   
Part of Publicly
   
That May Yet Be
 
 
 
Shares
   
Share, net of
   
Announced Plans
   
Purchased Under
 
Period
 
Repurchased
   
Commissions
   
or Programs
   
the Plans or Programs
 
7/01/15 - 7/31/15
   
39,400
   
$
68.59
     
39,400
     
319,902
 
8/01/15 - 8/31/15
   
63,348
     
62.64
     
63,348
     
756,554
 
9/01/15 - 9/30/15
   
69,259
     
55.46
     
69,259
     
687,295
 
Totals
   
172,007
   
$
61.11
     
172,007
         
 
                               

In August 2015, the Board of Directors increased the buyback authorization by 500,000 shares of GBL Class A stock.  Our stock repurchase program is not subject to an expiration date.
38



Item 6. (a) Exhibits

 
31.1
Certification of CEO pursuant to Rule 13a-14(a).

 
31.2
Certification of co-CAO pursuant to Rule 13a-14(a).
     
 
31.3
Certification of co-CAO pursuant to Rule 13a-14(a).

 
32.1
Certification of CEO pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 
32.2
Certification of CFO pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

 
101.INS
 
XBRL Instance Document
 
 
 
101.SCH
 
XBRL Taxonomy Extension Schema Document
 
 
 
101.CAL
 
XBRL Taxonomy Extension Calculation Linkbase Document
 
 
 
101.DEF
 
XBRL Taxonomy Extension Definition Linkbase Document
 
 
 
101.LAB
 
XBRL Taxonomy Extension Label Linkbase Document
 
 
 
101.PRE
 
XBRL Taxonomy Extension Presentation Linkbase Document


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

GAMCO INVESTORS, INC.
(Registrant)

By: /s/ Kieran Caterina
 
By: /s/ Diane M. LaPointe
 
Name: Kieran Caterina
Name: Diane M. LaPointe
Title:   Co-Chief Accounting Officer
Title:   Co-Chief Accounting Officer
 
 
Date: Novermber 4, 2015
Date: November 4, 2015
39

 
EX-31.1 2 ex31_1093015.htm EXHIBIT 31.1, DATED NOVEMBER 4, 2015 ex31_1033113.htm


Exhibit 31.1
 
Certifications
 
I, Mario J. Gabelli, certify that:

 
1.
I have reviewed this report on Form 10-Q of GAMCO Investors, Inc.;

 
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 
4.
The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 
a)
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 
b)
designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 
c)
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 
d)
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 
5.
The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

 
a)
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial data; and

 
b)
any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:
 /s/Mario J. Gabelli 
 
 Mario J. Gabelli
 
 Chief Executive Officer
   
Date:
 November 4, 2015
 
 



EX-31.2 3 ex31_2093015.htm EXHIBIT 31.2, DATED NOVEMBER 4, 2015 ex31_2033113.htm


 
Exhibit 31.2
 
Certifications
 
I, Kieran Caterina, certify that:

 
1.
I have reviewed this report on Form 10-Q of GAMCO Investors, Inc.;

 
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 
4.
The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 
a)
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 
b)
designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 
c)
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 
d)
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 
5.
The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

 
a)
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial data; and

 
b)
any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:
 /s/ Kieran Caterina
 
 Kieran Caterina
 
 co-Chief Accounting Officer
   
Date:
 November 4, 2015



EX-31.3 4 ex31_3093015.htm EXHIBIT 31.3, DATED NOVEMBER 4, 2015


 
Exhibit 31.3
 
Certifications
 
I, Diane M. LaPointe, certify that:

 
1.
I have reviewed this report on Form 10-Q of GAMCO Investors, Inc.;

 
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 
4.
The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 
a)
designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 
b)
designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 
c)
evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 
d)
disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 
5.
The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

 
a)
all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial data; and

 
b)
any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:
 /s/ Diane M. LaPointe
 
 Diane M. LaPointe
 
 Co-Chief Accounting Officer
   
Date:
 November 4, 2015



EX-32.1 5 ex32_1093015.htm EXHIBIT 32.1, DATED NOVEMBER 4, 2015 ex32_1033113.htm


 
Exhibit 32.1


Certification of CEO Pursuant to
18 U.S.C. Section 1350,
as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report on Form 10-Q of GAMCO Investors, Inc. (the “Company”) for the quarterly period ended September 30, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), Mario J. Gabelli, as Chief Executive Officer of the Company, hereby certifies, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, to the best of his knowledge:

(1)           The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)           The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.


/s/       Mario J. Gabelli
Name: Mario J. Gabelli
Title:   Chief Executive Officer
Date:   November 4, 2015

This certification accompanies the Report pursuant to § 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of §18 of the Securities Exchange Act of 1934, as amended.
 
 


EX-32.2 6 ex32_2093015.htm EXHIBIT 32.2, DATED NOVEMBER 4, 2015 ex32_2033113.htm


 
Exhibit 32.2


Certification of co-CAOs Pursuant to
18 U.S.C. Section 1350,
as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report on Form 10-Q of GAMCO Investors, Inc. (the “Company”) for the quarterly period ended September 30, 2015 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), Kieran Caterina and Diane M. LaPointe, as Co-Chief Accounting Officers of the Company, hereby certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, to the best of their knowledge:

(1)           The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)           The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
 
 
/s/ Kieran Caterina
 
/s/ Diane M. LaPointe
Name:
Kieran Caterina
 
Name:
Diane M. LaPointe
Title:
Co-Chief Accounting Officer
 
Title:
Co-Chief Accounting Officer
Date:
November 4, 2015
 
Date:
November 4, 2015

This certification accompanies the Report pursuant to § 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of §18 of the Securities Exchange Act of 1934, as amended.

 


EX-101.SCH 7 gbl-20150930.xsd XBRL TAXONOMY EXTENSION SCHEMA 000100 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 010000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED link:presentationLink link:calculationLink link:definitionLink 020000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED link:presentationLink link:calculationLink link:definitionLink 020100 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 030000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED link:presentationLink link:calculationLink link:definitionLink 030100 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 040000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED link:presentationLink link:calculationLink link:definitionLink 040100 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 050000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED link:presentationLink link:calculationLink link:definitionLink 060000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 070100 - Disclosure - Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 070200 - Disclosure - Investment in Securities link:presentationLink link:calculationLink link:definitionLink 070300 - Disclosure - Fair Value link:presentationLink link:calculationLink link:definitionLink 070400 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities link:presentationLink link:calculationLink link:definitionLink 070500 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 070600 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 070700 - Disclosure - Debt link:presentationLink link:calculationLink link:definitionLink 070800 - Disclosure - Stockholders' Equity link:presentationLink link:calculationLink link:definitionLink 070900 - Disclosure - Goodwill and Identifiable Intangible Assets link:presentationLink link:calculationLink link:definitionLink 071000 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 071100 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 080100 - Disclosure - Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 090200 - Disclosure - Investment in Securities (Tables) link:presentationLink link:calculationLink link:definitionLink 090300 - Disclosure - Fair Value (Tables) link:presentationLink link:calculationLink link:definitionLink 090400 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities (Tables) link:presentationLink link:calculationLink link:definitionLink 090600 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 090700 - Disclosure - Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 090800 - Disclosure - Stockholders' Equity (Tables) link:presentationLink link:calculationLink link:definitionLink 100200 - Disclosure - Investment in Securities, Investment in Securities (Details) link:presentationLink link:calculationLink link:definitionLink 100202 - Disclosure - Investment in Securities, Securities Sold, Not Yet Purchased (Details) link:presentationLink link:calculationLink link:definitionLink 100204 - Disclosure - Investment in Securities, Investment in Sponsored Registered Investment Companies (Details) link:presentationLink link:calculationLink link:definitionLink 100206 - Disclosure - Investment in Securities, Reclassifications Out of Accumulated Other Comprehensive Income ("AOCI") into Income (Details) link:presentationLink link:calculationLink link:definitionLink 100208 - Disclosure - Investment in Securities, Fair Values and Gains and Losses of All Derivatives Held (Details) link:presentationLink link:calculationLink link:definitionLink 100210 - Disclosure - Investment in Securities, Master Netting Arrangements for Swaps (Details) link:presentationLink link:calculationLink link:definitionLink 100212 - Disclosure - Investment in Securities, Summary of Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value I (Details) link:presentationLink link:calculationLink link:definitionLink 100214 - Disclosure - Investment in Securities, Investments Classified as Available for Sale in Unrealized Loss Position (Details) link:presentationLink link:calculationLink link:definitionLink 100300 - Disclosure - Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 100400 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part I (Details) link:presentationLink link:calculationLink link:definitionLink 100402 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part II (Details) link:presentationLink link:calculationLink link:definitionLink 100500 - Disclosure - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 100600 - Disclosure - Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 100700 - Disclosure - Debt (Details) link:presentationLink link:calculationLink link:definitionLink 100800 - Disclosure - Stockholders' Equity (Details) link:presentationLink link:calculationLink link:definitionLink 100900 - Disclosure - Goodwill and Identifiable Intangible Assets (Details) link:presentationLink link:calculationLink link:definitionLink 101100 - Disclosure - Subsequent Events (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 gbl-20150930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 gbl-20150930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 gbl-20150930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Amendment Flag Current Fiscal Year End Date Document Period End Date Entities [Table] Entity [Domain] Entity Information [Line Items] Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Filer Category Entity Public Float Entity Registrant Name Entity Central Index Key Entity Common Stock, Shares Outstanding Document Fiscal Year Focus Document Fiscal Period Focus Legal Entity [Axis] Document Type Investment [Axis] Investment [Domain] Investment Securities Class [Axis] Investment Securities Class [Domain] Award Date [Axis] Award Type [Axis] Award Date [Domain] Available-for-sale Securities [Member] Number of investment holding in loss positions Significant Accounting Policies [Abstract] Receivable From Brokers [Member] Investment advisory fees receivable Accounts Receivable, Net, Noncurrent Payable To Brokers [Member] Investment advisory fees receivable Accretion of zero coupon debentures Accrued expenses and other liabilities Accrued Liabilities Accumulated Comprehensive Income [Member] AOCI Attributable to Parent [Member] Accumulated other comprehensive income Additional paid-in capital Additional Paid-in Capital [Member] Total adjustments Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities Adjustments to reconcile net income to net cash provided by (used in) operating activities: Stock based compensation expense Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Affiliated [Member] Affiliated Entity [Member] Investment advisory and incentive fees Assets Assets, Fair Value Disclosure [Abstract] ASSETS Assets [Abstract] Assets [Abstract] Total assets at fair value Assets, Fair Value Disclosure Total assets Assets Investments classified as available for sale unrealized loss position [Abstract] Total available for sale securities Available for sale Securities, Fair Value Unrealized Losses Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss Summary of Available-for-sale Securities Gross unrealized gains Gross unrealized losses Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax Fair Value Investments classified as available for sale unrealized loss position Cost Available for sale Securities, Cost Available-for-sale Securities, Amortized Cost Basis Available for sale securities: Gross realized gains on sale of investment available for sale Available-for-sale Securities, Gross Realized Gains Gains on sales of available for sale securities Available-for-sale Securities, Gross Realized Gain (Loss) Investments in sponsored registered investment companies Investments in sponsored investment companies Balance Sheet Location [Axis] Balance Sheet Location [Domain] Basis of Presentation Basis of Accounting, Policy [Policy Text Block] Capital lease obligation Cash equivalents Cash and cash equivalents Cash and cash equivalents at end of period Cash and cash equivalents at beginning of period Net increase in cash and cash equivalents Cash and Cash Equivalents, Period Increase (Decrease) Class of Stock [Domain] Variable Interest Entity, Classification [Domain] Commitments and contingencies (Note J) Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Commitments and Contingencies [Abstract] Common Stock Common Stock, issued (in shares) Common Stock, shares authorized (in shares) Dividends declared: (in dollars per share) Dividends declared (in dollars per share) Common Stock, par value (in dollars per share) Common Stock [Member] Trading - Common stocks [Member] Class A [Member] Common Stock, outstanding (in shares) Shares outstanding (in shares) Number of shares reserved for issuance under each plan, maximum (in shares) Class B [Member] Comprehensive income Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Comprehensive income attributable to GAMCO Investors, Inc. Comprehensive Income (Loss), Net of Tax, Attributable to Parent Other comprehensive income, net of tax Convertible bonds [Member] Total expenses Costs and Expenses Income tax effect of transaction with shareholders Derivatives Designated As Hedging Instruments Under FASB ASC 815-20 [Member] Debt Instrument [Line Items] Face value of repurchased debentures Debt [Abstract] Schedule of Long-term Debt Instruments [Table] Debt Debt Disclosure [Text Block] Debt maturity date Effective interest rate (in hundredths) Debt Instrument, Interest Rate, Effective Percentage Face value of debt Stated interest rate (in hundredths) Tax benefit from exercise of stock options Deferred income taxes Depreciation and amortization Cash collateral received Derivative Asset, Collateral, Obligation to Return Cash, Offset Liability derivatives fair value Cash collateral received Derivative Liability, Collateral, Right to Reclaim Cash, Offset Net Amounts of Assets Presented in the Statements of Financial Position Derivative Asset Derivative Instrument [Axis] Net amount Derivative Asset, Fair Value, Amount Not Offset Against Collateral Gross amounts offset in the Statements of Financial Position Derivative Liability, Fair Value, Amount Offset Against Collateral Gross amounts of recognized liabilities Derivative Liability, Fair Value, Gross Liability Gross amounts of recognized assets Asset derivatives fair values Derivative Asset, Fair Value, Gross Asset Net amount Derivative Liability, Fair Value, Amount Not Offset Against Collateral Derivative, by Nature [Axis] Net Amounts of Assets Presented in the Statements of Financial Position Derivative Liability Gross amounts offset in the Statements of Financial Position Derivative Asset, Fair Value, Amount Offset Against Collateral Derivative fair value of derivative net Net gain/(loss) on derivative Derivative, Name [Domain] Derivative Instruments, Gain (Loss) [Table] Derivative Instruments, Gain (Loss) [Line Items] Derivative Contract [Domain] Derivatives, Fair Value [Line Items] Dividends payable date Dividend payment date Dividends Payable [Table] Dividends record date Dividend record date Dividends [Domain] Dividends [Axis] Dividends Payable [Line Items] Dividends declared date Dividends Payable, Date Declared Dividends declared Dividends, Common Stock, Cash Accrued restricted stock award dividends Basic: Diluted: Computations of basic and diluted net income per share [Abstract] Earnings Per Share Earnings Per Share [Text Block] Basic (in dollars per share) Basic net income attributable to GAMCO Investors, Inc.'s shareholders per share (in dollars per share) Diluted (in dollars per share) Diluted net income attributable to GAMCO Investors, Inc.'s shareholders per share (in dollars per share) Earnings Per Share [Abstract] Net income attributable to GAMCO Investors, Inc.'s shareholders Effect of exchange rates on cash and cash equivalents Effective income tax rate (in hundredths) Stock Options [Member] Compensation payable Employee-related Liabilities Compensation cost related to non-vested restricted stock awards and options not yet recognized Tax benefit from exercise of stock options Employee Service Share-based Compensation, Tax Benefit Realized from Exercise of Stock Options Equity Component [Domain] Equity Method Investments Equity Contracts [Member] Distribution costs Asset Class [Axis] Fair Value by Asset Class [Domain] Sales Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales Fair Value Measurements, Recurring and Nonrecurring [Table] Purchases Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Recurring Basis [Member] Fair Value [Abstract] Total Unrealized Gains or (Losses) Included in Other Comprehensive Income Measurement Frequency [Axis] Fair Value, Hierarchy [Axis] Total Realized and Unrealized Gains or (Losses) - Trading Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings Fair Value Fair Value Disclosures [Text Block] Fair Value, Measurements, Fair Value Hierarchy [Domain] Fair Value, Measurement Frequency [Domain] Assets and Liabilities Measured at Fair Value on a Recurring Basis [Abstract] Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis [Roll Forward] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis Significant Unobservable Inputs (Level 3) [Member] Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] Significant Other Observable Inputs (Level 2) [Member] Level 2 [Member] Ending Balance Beginning Balance Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value Transfers In and/or (Out) of Level 3 Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Institutional research services Securities sold, not yet purchased Securities sold, not yet purchased Foreign currency translation gain/(loss) Foreign Currency Transaction Gain (Loss), Unrealized Foreign Exchange Contracts [Member] Net Gain/(Loss) From Investments [Member] Total Realized and Unrealized Gains or (Losses) Loss on extinguishment of debt Loss on extinguishment of debt Gains (Losses) on Extinguishment of Debt Goodwill Goodwill and Identifiable Intangible Assets Goodwill and Intangible Assets Disclosure [Text Block] Goodwill [Line Items] Goodwill and Identifiable Intangible Assets [Abstract] Hedging Designation [Axis] Hedging Designation [Domain] Equity in net gains from partnerships Income (Loss) from Equity Method Investments Income Statement Location [Axis] Condensed Consolidated Statements of Income [Abstract] Income before income taxes Income Taxes [Abstract] Income before income taxes Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Income Statement Location [Domain] Income tax provision Income Taxes Income Tax Disclosure [Text Block] Cash paid for taxes Income tax receivable Investment advisory fees receivable Increase (Decrease) in Accounts Receivable Income taxes payable and deferred tax liabilities Increase (Decrease) in Income Taxes Payable Receivable from brokers Increase (Decrease) in Receivables from Brokers-Dealers and Clearing Organizations Accrued expenses and other liabilities Increase (decrease) in liabilities: (Increase) decrease in assets: Other assets Increase (Decrease) in Other Operating Assets Compensation payable Investments in trading securities Increase (Decrease) in Trading Securities Payable to brokers Dilutive stock options and restricted stock awards (in shares) Identifiable Intangible Asset Interest expense Interest Expense Interest and dividend income Interest and Dividend Income, Operating Cash paid for interest Investments [Domain] Securities Sold, Not yet Purchased [Abstract] Fair Value Investment Sold, Not yet Purchased, at Fair Value Investment Type [Axis] Investments in partnerships Fair value Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure Investment in Securities Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] Securities sold, not yet purchased Investments Sold, Not yet Purchased [Table Text Block] Investments in affiliated entities Investment in Securities [Abstract] Total investments Investments, Fair Value Disclosure Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Compensation Labor and Related Expense Total liabilities Liabilities Liabilities and Equity Liabilities and Equity [Abstract] Liabilities and Equity [Abstract] Liabilities Liabilities, Fair Value Disclosure [Abstract] Total liabilities and equity Liabilities and Equity Fair Value Level 2 Long-term Debt, Fair Value Carrying Value Long-term Debt Total Debt Long-term Debt and Capital Lease Obligations Long-term debt [Abstract] Major Types of Debt and Equity Securities [Domain] Major Types of Debt and Equity Securities [Axis] Investment in Securities, Fair Value Investments in securities: Investments in securities [Abstract] Investments in securities Marketable Securities [Table Text Block] Redemptions of redeemable noncontrolling interests Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests Percentage interest owned in subsidiary (in hundredths) Noncontrolling interests Financing activities Net cash provided by investing activities Net Cash Provided by (Used in) Investing Activities, Continuing Operations Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities, Continuing Operations Net income attributable to GAMCO Investors, Inc.'s shareholders Net income attributable to GAMCO Investors, Inc.'s shareholders Net Income (Loss) Attributable to Parent Investing activities Operating activities Net cash provided used in financing activities Net Cash Provided by (Used in) Financing Activities, Continuing Operations Net income/(loss) attributable to noncontrolling interests Net income attributable to noncontrolling interests Less: Comprehensive income attributable to noncontrolling interests Recent Accounting Developments New Accounting Pronouncements, Policy [Policy Text Block] Non-cash activity: Total other income, net Total other income, net Nonoperating Income (Expense) Other income (expense) Decrease in redeemable noncontrolling interests from deconsolidation Noncontrolling Interests [Member] Increase in redeemable noncontrolling interests from deconsolidation Contributions from redeemable noncontrolling interests Noncontrolling Interest, Increase from Sale of Parent Equity Interest Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20 [Member] Offsetting Derivative Assets [Abstract] Offsetting Derivative Assets [Abstract] Offsetting Derivative Liabilities [Abstract] Offsetting Derivative Liabilities [Abstract] Expenses Total expenses Operating Expenses Operating income Operating income Operating Income (Loss) Net gain from investments - Realized gain / (loss) on sale of securities Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax Other comprehensive income Other Comprehensive Income (Loss), Net of Tax Net unrealized gains on securities available for sale, net of tax Other Comprehensive Income (Loss), Reclassification Adjustment for Write-down of Securities Included in Net Income, before Tax Foreign currency translation Net unrealized gains on securities available for sale, income tax Other than Temporary Impairment Losses, Investments, Available-for-sale Securities Other assets Other Assets Other operating expenses Net unrealized gains on securities available for sale, income tax Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax Net unrealized gains on securities available for sale, net of tax Unrealized changes to fair value net of taxes included in other comprehensive income Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax Trading - Other [Member] Other Investments [Member] Total [Member] Parent [Member] Payable to brokers Payables to Broker-Dealers and Clearing Organizations Redemptions of redeemable noncontrolling interests Payments for Repurchase of Redeemable Noncontrolling Interest Purchase of treasury stock Payments for Repurchase of Common Stock Dividends paid Payments of Ordinary Dividends, Common Stock Purchases of available for sale securities Payments to Acquire Available-for-sale Securities Payments to Noncontrolling Interests Plan Name [Axis] Plan Name [Domain] Preferred Stock, par value (in dollars per share) Preferred Stock, Par or Stated Value Per Share Preferred Stock Preferred Stock, shares authorized (in shares) Preferred Stock, Shares Authorized Trading - Preferred stocks [Member] Preferred Stock [Member] Contributions from redeemable noncontrolling interests Proceeds from exercise of stock options Proceeds from exercise of stock options Proceeds from sales of available for sale securities Proceeds from sale of investment available for sale Net income Net income Net income Net income Receivable from brokers Amount reclassed out of accumulated other comprehensve income, net of income tax benefit Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax Related Party [Axis] Related Party [Domain] Repayments of Senior Debt, Total Restricted Stock [Member] Restricted Stock Awards [Member] Retained Earnings [Member] Retained earnings Total revenues Revenues, Excluding Interest and Dividends Total revenues Revenues Revenues Revenues [Abstract] Assets and Liabilities Measured at Fair Value on a Recurring Basis Computations of basic and diluted net income per share Schedule of Available-for-sale Securities [Table] Schedule of Available-for-sale Securities [Line Items] Dividends Schedule of Dividends Payable [Table Text Block] Schedule of Debt Schedule of Long-term Debt Instruments [Table Text Block] Schedule of Goodwill [Table] Schedule of derivative instruments in statement of financial position, fair value Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] GAMCO's Net Interest in Consolidated VIEs Schedule of Variable Interest Entities [Table Text Block] Schedule of derivative instruments, gain (loss) Derivative Instruments, Gain (Loss) [Table Text Block] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Variable Interest Entities [Table] Investments In Securities [Member] Securities Sold, Not yet Purchased [Member] 5.5% Senior notes [Member] 5.5% Senior notes (due May 15, 2013) RSAs granted (in shares) Restricted stock award shares approved grant date fair value (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value RSA shares outstanding (in shares) Stock based compensation expense Actual stock based compensation expense Restricted stock award shares approved grant date fair value (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Number of restricted stock awards outstanding (in shares) Number of RSA shares approved for granting Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Award Type [Domain] Significant Accounting Policies Significant Accounting Policies [Text Block] Statement [Line Items] Condensed Consolidated Statements of Equity [Abstract] Condensed Consolidated Statements of Cash Flows [Abstract] Comprehensive Income [Abstract] Statement, Equity Components [Axis] Statement [Table] Statement [Table] Condensed Consolidated Statement of Financial Condition [Abstract] Class of stock [Axis] Class of Stock [Axis] Exercise of stock options including tax benefit Stock options exercised (in shares) Incremental Class A shares authorized to buyback (in shares) Stock repurchased (in shares) Stock Repurchased During Period, Shares Share available under program to repurchase (in shares) Equity Stockholders' Equity Stockholders' Equity Note Disclosure [Text Block] GAMCO Investors, Inc. stockholders' equity Stockholders' Equity [Abstract] GAMCO Investors, Inc. stockholders equity Total equity Total equity Balance Balance Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Total GAMCO Investors, Inc. stockholders' equity Stockholders' Equity Attributable to Parent Zero coupon subordinated debentures, Face value: $6.9 million at June 30, 2015, $13.1 million at December 31, 2014 and $13.2 million at June 30, 2014 (due December 31, 2015) Subordinated Debt 0% Subordinated debentures [Member] Subsequent Event Type [Axis] Subsequent Event [Line Items] Subsequent Event [Member] Subsequent Events Subsequent Events [Text Block] Subsequent Events [Abstract] Subsequent Event Type [Domain] Subsequent Event [Table] Subsidiary [Member] Supplemental disclosures of cash flow information: Swaps [Member] Swap [Member] Redeemable noncontrolling interests Redeemable noncontrolling interests Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests Trading-Other Trading-Other Trading Securities, Fair Value Trading securities: Net gain from investments Trading Securities, Cost Trading Securities [Member] Shares repurchased (in shares) Treasury stock, shares (in shares) Treasury Stock [Member] Purchase of treasury stock Treasury Stock, Value, Acquired, Cost Method Average price per share of repurchased shares (in dollars per share) Treasury stock, at cost (8,118,237, 8,081,561 and 7,167,981 shares, respectively) Treasury Stock, Value Use of Estimates Government obligations [Member] Balances related to VIEs [Abstract] Variable Interest Entity, Not Primary Beneficiary [Member] Variable Interest Entity, Primary Beneficiary [Member] GAMCO's net interests in consolidated VIEs Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net Variable Interest Entities [Axis] Maximum exposure to loss related to VIEs Variable Interest Entity [Line Items] Weighted average shares outstanding: Basic (in shares) Weighted average shares outstanding (in shares) Diluted (in shares) Total (in shares) This item represent number of months for which investment holding impaired, categorized neither as held to maturity nor trading securities that have been in a continuous unrealized loss position. Investment holding impairment period Investment holding impairment period (in months) This item represents the cost of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities. Available For Sale Securities Continuous Unrealized Loss Position Cost Cost The cost of investment sold but not yet purchased during the period. Investment Sold, Not yet Purchased, Cost Cost Investment Sold, Not yet Purchased, Balance, Trading Securities [Abstract] Trading Securities: The number of shares under derivative contract during the period. Shares under derivative contract (in shares) Before of tax amount of the income statement impact of the reclassification adjustment related to securities donated. Other Comprehensive Income (Loss), Reclassification Adjustment for Donation of Securities Included in Other Operating Expenses, Before Tax Other operating expenses The total before tax amount of reclassifications from accumulated other comprehensive income (loss). Accumulated Other Comprehensive Income (Loss), Reclassifications, Before Tax Income before income taxes The amount reclassed out of accumulated other comprehensive income, net of income tax benefit. Amount reclassed out of accumulated other comprehensive income, net of income tax benefit Net income Amount Reclassified from AOCI [Abstract] Amount Reclassified from AOCI [Abstract] Derivative, Assets, Fair Value, Gross Amount Not Offset Against Collateral, Net [Abstract] Gross Amounts Not Offset in the Statements of Financial Position, Assets [Abstract] Fair value of assets pertaining to derivative financial instruments. Financial Instruments, Derivative Assets Financial Instruments Fair value of liabilities pertaining to derivative financial instruments. Financial Instruments, Derivative Liabilities Financial Instruments Derivative, Liabilities, Fair Value, Gross Amount Not Offset Against Collateral, Net [Abstract] Gross Amounts Not Offset in the Statements of Financial Position, Liabilities [Abstract] Disclosure of information about derivatives that are subject to offsetting, including enforceable master netting arrangements. Master Netting Arrangements for Swaps [Table] Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Master Netting Arrangements for Swaps [Line Items] Master Netting Arrangements for Swaps [Line Items] Document and Entity Information [Abstract] Represents investments in securities. Investment in Securities [Member] Summary of the information required to be disclosed concerning marketable securities. Schedule of Marketable Securities [Table] Tabular disclosure of investments in sponsored registered investment companies Investments In Sponsored Registered Investment Companies [Table Text Block] Investments in sponsored registered investment companies Tabular disclosure of master netting arrangements for swaps entered into as part of the investment strategy of the proprietary portfolio. Master netting arrangements for swaps [Table Text Block] Master netting arrangements for swaps Tabular disclosure of reclassifications out of accumulated other comprehensive income. Reclassifications out of accumulated other comprehensive income [Table Text Block] Reclassifications out of accumulated other comprehensive income Available for Sale Securities, Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value [Abstract] Percentage stock based compensation expense recognize each year over years four through ten vesting period from grant date. Stock based compensation expense recognize each year over years four through ten vesting period Percentage stock based compensation expense recognize each year over years four through ten vesting period (in hundredths) Equity-based compensation granted in August 2013 and September 2014. Award Made in August 2013 and September 2014 [Member] Equity-based compensation granted on January 9, 2014. Award Made on January 9, 2014 [Member] Equity-based compensation granted on September 15, 2014. Award Made on September 15, 2014 [Member] As of the balance sheet date, the projected compensation cost in eleventh fiscal year of equity-based awards made to employees under equity-based Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eleven Number of years vesting period for recognition of 40 percent of stock based compensation expense. Vesting period for recognition of 40 percent of stock based compensation expense As of the balance sheet date, the projected compensation cost in eighth fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eight As of the balance sheet date, the projected compensation cost in fifth fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Five As of the balance sheet date, the projected compensation cost in fourth fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Four As of the balance sheet date, the projected compensation cost in ninth fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Nine As of the balance sheet date, the projected compensation cost in seventh fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Seven As of the balance sheet date, the projected compensation cost in sixth fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Six As of the balance sheet date, the projected compensation cost in tenth fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Ten As of the balance sheet date, the projected compensation cost in third fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Three Domain member signifies second quarter of fiscal year. Second Quarter [Member] Q2 [Member] Special dividend declared by the board of directors to be distributed to shareholders. Special Dividend [Member] Domain member signifies first quarter of fiscal year. First Quarter [Member] Q1 [Member] Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition. Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period for 75 percent of stock options Vesting period for 75 percent of stock options Domain member signifies fourth quarter of fiscal year. Fourth Quarter [Member] Q4 [Member] Domain member signifies third quarter of fiscal year. Third Quarter [Member] Q3 [Member] Specifies the quarter of fiscal year for which equity-based compensation cost relates. Employee Service Share Based Compensation Allocation Of Recognized Period Costs by quarter of fiscal period [Domain] Amount of equity-based compensation cost reported in quarter of a fiscal year. Schedule Of Employee Service Share Based Compensation Allocation Of Recognized Period Costs By Quarters in Fiscal Year [Axis] Percentage of stock options granted after four years from the date of grant. Stock options granted after four years Percentage options granted under plan vest after four years (in hundredths) Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition. Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period for 100 percent of stock options Vesting period for 100 percent of stock options Percentage of stock option granted vest after three years from the date of grant. Stock option granted vest after three years Percentage options granted under plans vest after three years (in hundredths) Number of years vesting period for recognition of 30 percent of stock based compensation expense. Vesting period for recognition of 30 percent of stock based compensation expense Vesting period for recognition of 30 percent of stock based compensation expense (in years) Percentage stock based compensation expense recognize over five years vesting period from grant date. Stock based compensation expense recognize over five years vesting period Percentage stock based compensation expense recognize over five years vesting period (in hundredths) The percentage stock based compensation expense recognize over three years vesting period. Percentage stock based compensation expense recognize over three years vesting period (in hundredths) Represents the maximum period in which the nonqualified stock options expire from the grant date. Term of stock options Term of nonqualified stock options, maximum (in years) Number of years vesting period for recognition of 70 percent of stock based compensation expense. Vesting period for recognition of 70 percent of stock based compensation expense Vesting period for recognition of 70 percent of stock based compensation expense (in years) Stock Repurchase Program [Abstract] As of the balance sheet date, the projected compensation cost next year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Next Fiscal Year Projected stock based compensation expense 2015 As of the balance sheet date, the projected compensation cost in second fiscal year of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Two Projected stock based compensation expense 2016 As of the balance sheet date, the projected compensation cost in remaining period of current year for equity-based awards made to employees under equity-based compensation awards that have yet to vest. Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Current Year Projected stock based compensation expense 2014 Actual and projected stock based compensation expense for RSA shares and options [Abstract] Number of votes per share entitled to class of shares. Number of votes per share Voting Rights [Abstract] Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Schedule of Employee Service Share based Compensation, Allocation of Recognized Costs [Line Items] Schedule that sets forth the allocation of equity based compensation costs by period. Schedule of Employee Service Share based Compensation, Allocation of Recognized Costs [Table] Number of stock award and incentive plan approved by shareholders to provide incentive to key individuals. Number of incentive plans Stock Award and Incentive Plan [Abstract] The weighted average price at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Price Average weighted grant price (in dollars per share) Equity-based compensation granted on December 23, 2014. Award Made on December 23, 2014 [Member] Number of years vesting period for recognition of 60 percent of stock based compensation expense. Vesting Period For Recognition Of 60 Percent Of Stock Based Compensation Expense Tabular disclosure of the condensed consolidated statements of financial condition by entity consolidated. Condensed Consolidated Statements Of Financial Condition By Entity Consolidated [Text Block] Condensed Consolidated Statements Of Financial Condition By Entity Consolidated Tabular disclosure of the condensed consolidated statements of income by entity consolidated. Condensed Consolidated Statements Of Income By Entity Consolidated [Text Block] Condensed Consolidated Statements Of Income By Entity Consolidated Tabular disclosure of the number of entities the Company consolidates. Schedule of Number of Entities Consolidated [Table Text Block] Schedule of Number of Entities Consolidated Tabular disclosure of investments in partnerships by accounting method. Investments in Partnerships by Accounting Method [Table Text Block] Investments in Partnerships by Accounting Method Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations excluding net income (loss) attributable to noncontrolling interests. Effective Income Tax Rate Reconciliation Excluding Net Income (Loss) Attributable to Noncontrolling Interests, Percent Adjusted effective income tax rate (in hundredths) Loss on repurchase of debentures, in dollars. Debentures repurchased (loss in dollars) Face value of debentures repurchased. Debentures repurchased (face value) Percentage principal amount entity is required to pay to repurchase the senior notes. Percentage principal amount to be offered to repurchase notes Percentage principal amount to offered to repurchase notes (in hundredths) Bond that takes priority over other debt securities sold by the issuer. In the event the issuer goes bankrupt, senior debt holders receive priority for (must receive) repayment prior to (relative to) junior and unsecured (general) creditors. Senior Notes Due June 2021 [Member] 5.875% Senior notes [Member] The maximum amount of debt and equity to be issued under the Shelf Registration. Maximum amount of debt and equity to be issued under Shelf Registration Maximum amount of debt and equity to be issued under Shelf Registration The amount available for debt and equity issuance under Shelf Registration. Amount available for debt and equity issuance under Shelf Registration Amount available for debt and equity issuance under Shelf Registration Represents the number of debentures repurchased during the period. Number of debentures repurchased Number of debentures repurchased The dollars per share dividends declared related to the issuance of debt. Dividends declared related to issuance of debt Dividends declared related to issuance of debt (in dollars per share) The face value of each debenture issued. Par value of debentures The rate of debt redemption price as percentage of principal amount. Debt redemption price as percentage of principal amount Debt redemption price as percentage of principal amount (in hundredths) The period when the debt instrument is scheduled to be fully repaid. Debt Instrument, Maturity Period Debt maturity period A Shareholder Designated Charitable Contribution program the Company adopted on October 13, 2015. Shareholder Designated Charitable Contribution Program [Member] The difference after acceleration of grant between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant After Acceleration of Grant Restricted stock awards still remaining outstanding after acceleration (in shares) Non-cash charge per share expected in remainder of fiscal year resulting from acceleration of lapse of restrictions on share-based awards. Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Non-Cash Charge Per Share Expected in Remainder of Fiscal Year Non-cash charge per diluted share expected in fourth quarter resulting from acceleration of lapse of restrictions (in dollars per share) Non-cash charge expected in remainder of fiscal year resulting from acceleration of lapse of restrictions on share-based awards. Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Non-Cash Charge Expected in Remainder of Fiscal Year Non-cash charge expected in fourth quarter resulting from acceleration of lapse of restrictions The expected expense related to Shareholder-designated charitable contribution program if all shareholders participate, register their shares, and respond on a timely basis. Expected expense related to Shareholder-designated charitable contribution program if all shares outstanding are registered in shareholders' name at record date Equity-based compensation granted in November 2013. November 2013 Grant [Member] The expected expense related to Shareholder-designated charitable contribution program. Expected expense related to Shareholder-designated charitable contribution program Expected expense related to Shareholder-designated charitable contribution program The share effect of shareholder-designated charitable contribution during the year. Shareholder-designated contribution, shares Shareholder-designated contribution (in shares) Ordinary dividend on a quarterly basis declared by the board of directors to be distributed to shareholders. Quarterly Dividend [Member] The amount of income tax benefit (expense) from reclassification of accumulated other comprehensive income. Amount reclassed from accumulated other comprehensive income, income tax benefit (expense) Amounts reclassed from accumulated other comprehensive income, income tax benefit Income tax provision This element represents the face value of the Zero coupon subordinated debentures due December 31, 2015. Face Valueof Zero Coupon Subordinated Debentures Zero coupon subordinated debentures, face value Amount of gain (loss) recognized on the balance sheet for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Not Included in Earnings Total Realized and Unrealized Gains or (Losses) in Income - AFS Investments This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents government agency issued debt securities. Trading Securities, Government Obligations, Fair Value Disclosure Trading-Government obligations Represents the sum of investments in sponsored registered investment companies at fair value as of the balance sheet date. Investments in Sponsored Registered Investment Companies, Fair Value Disclosure Total investments in sponsored registered investment companies Investment in Sponsored Registered Investment Companies Investment in Sponsored Registered Investment Companies [Member] Investment in Sponsored Registered Investment Companies [Member] This element represents [net] transfers in to of assets measured at fair value on a recurring basis using unobservable inputs (Level 3) which have taken place during the period from level 1. Reclassification of investment from Level 1 to Level 3 Trading stock that is subordinate to all other stock of the issuer. Trading Common Stocks [Member] Trading - Common stocks [Member] Days of notice period which entity serve to redeem investments. Notice period to redeem investments in funds Notice period to redeem investments in funds (in days) This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents those liabilities that are incurred for the purpose of generating a profit from short-term fluctuations in price of common stock as part of a bank's or company's market-making, hedging and proprietary trading. An example includes short positions in securities. Trading Liabilities, Common Stock, Fair Value Disclosure Trading-Common Stocks This category includes investments in open-end mutual funds Mutual Funds [Member] Mutual Funds [Member] This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of closed-end funds in sponsored registered investment companies, not classified as trading or held-to-maturity securities. Available for Sale Securities, Closed end Funds in Sponsored Registered Investment Companies, Fair Value Disclosure AFS - Closed-end Funds This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of mutual funds in sponsored registered investment companies, not classified as trading or held-to-maturity securities. Available for Sale Securities, Mutual Funds in Sponsored Registered Investment Companies, Fair Value Disclosure AFS - Mutual Funds This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents trading securities which consist of mutual funds in sponsored registered investment companies, not classified as available-for-sale or held-to-maturity securities. Trading Securities, Mutual Funds in Sponsored Registered Investment Companies, Fair Value Disclosure Trading - Mutual Funds Investments in sponsored registered investment companies: [Abstract] This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of mutual funds not classified as trading or held-to-maturity securities. Available for Sale Securities, Mutual Funds, Fair Value Disclosure AFS-Mutual Funds This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents common stock trading securities. Trading Securities, Common Stocks, Fair Value Disclosure Trading-Common Stocks This item represents a parenthetical disclosure for the cost of securities. Investment in Securities, Cost Total investments in securities Investment in Securities, Cost This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of common stocks not classified as trading or held-to-maturity securities. Available for Sale Securities, Common Stocks, Fair value Disclosure AFS-Common stocks This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents mutual funds trading securities. Trading Securities, Mutual Funds, Fair Value Disclosure Trading-Mutual Funds Mutual funds with a fixed number of shares. Closed end Funds [Member] Closed-end Funds [Member] Amount of decrease in noncontrolling interest from deconsolidation of offshore fund. Noncontrolling Interest, Decrease from Deconsolidation of Offshore Fund Noncontrolling Interest, Decrease from Deconsolidation of Offshore Fund Amount of increase in noncontrolling interest from consolidation of consolidated feeder fund. Noncontrolling Interest, Increase from Consolidation of Consolidated Feeder Fund Noncontrolling Interest, Increase from Consolidation of Consolidated Feeder Fund Noncontrolling interests that are mandatorily redeemable upon a certain date or event occurring. Redeemable Noncontrolling Interests [Member] The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Net Income (Loss), Including Noncontrolling Interest Net income Tabular disclosure of the amount of actual share-based compensation cost and compensation cost related to nonvested awards not yet recognized. Schedule of actual and projected stock based compensation expense [Table Text Block] Actual and projected stock-based compensation expense for RSA shares and options The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet. This element also includes the carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes. Other Assets Including Income Tax Receivables Other asset Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. This element may include payable to brokers, income taxes payable and deferred tax liabilities, capital lease obligation, compensation payable, mandatorily redeemable noncontrolling interests, and accrued expenses and other liabilities. Accrued expense and other liabilities Accrued expense and other liabilities Increase in net asset balance because of a business combination that occurred during the period. Increase (Decrease) in Net Assets from Consolidation Increase in net assets from deconsolidation The amount of the increase (decrease) during the period of a net assets resulting from the parent's loss of control and deconsolidation of the entity. Increase (Decrease) in Net Assets from Deconsolidation Decrease in net assets from deconsolidation The name of the entity related to the reporting company. G.distributors, LLC [Member] Amount of increase (decrease) in cash from consolidation. Increase (Decrease) in Cash from Consolidation Increase in cash from consolidation Amount of increase (decrease) in cash from deconsolidation. Increase (Decrease) in Cash from Deconsolidation Increase in cash from deconsolidation Other-than-temporary loss on available for sale securities Purchase of zero coupon subordinated debentures Repurchase of zero coupon subordinated debentures The increase (decrease) during the reporting period in the contributions to partnerships. Contributions to partnerships The increase (decrease) during the reporting period in the distributions from partnerships. Distributions from partnerships Distributions from partnerships The increase (decrease) during the reporting period in income taxes receivable and deferred tax assets. Increase (Decrease) in Income tax receivable and deferred tax assets Income tax receivable and deferred tax assets The increase (decrease) during the reporting period in mandatorily redeemable noncontrolling interests. Increase Decrease In Mandatorily redeemable noncontrolling interests Mandatorily redeemable noncontrolling interests The fair value of donated securities during the period. Fair value of donated securities Fair value of donated securities The cash inflow from return of capital on available for sale securities. Return of capital on available for sale securities Return of capital on available for sale securities The amount of shareholder-designated contribution made during the period. Shareholder-designated contribution Shareholder-designated contribution Management fee expense is incentive-based and entirely variable compensation in the amount of 10% of the aggregate pre-tax profits which is paid to Mr. Gabelli or his designee for acting as CEO pursuant to his amended Employment Agreement so long as he is an executive of GBL and devoting the substantial majority of his working time to the business. Management fee Includes distribution fees received from the entity's funds (including 12b-1 fees) to reimburse the distributor for the costs of marketing and selling fund shares. Includes commissions received from the sale of mutual fund shares. Also includes other income. Distribution Fees And Other Income Distribution fees and other income Type of entity. Offshore Funds [Member] Type of entity. Partnerships [Member] Partnerships [Member] Type of entity. Prior to Consolidation [Member] Prior to Consolidations [Member] Type of entity. CFFs [Member] Number of variable entity interests added to the consolidated financial statements during the period. Additional Entities Consolidated During the Period Additional consolidated entities Number of variable entity interests removed from the consolidated financial statements during the period. Entities Deconsolidated During the Period Deconsolidated entities Number of variable entity interests consolidated into the financial statements as of the applicable balance sheet date. Entities Consolidated at Beginning of Period Entities consolidated at beginning of period Entities consolidated at end of period Number of Variable Interest Entities at beginning of period, additions, deconsoldiations and ending number of entities as of the applicable balance sheet date. Entities Consolidated [Roll Forward] Entities Consolidated [Roll Forward] Aggregated disclosures of similar Variable Interest Entities (VIE). Variable Interest Entity [Member] VIE [Member] The name of the unaffiliated entity of the reporting company. Unaffiliated Entity [Member] Unaffiliated [Member] Investments in unaffiliated partnerships, offshore funds and other entities as of the balance sheet date. Investments in Unaffiliated Entities Investments in unaffiliated entities Aggregated disclosures of similar Variable O Entities (VOE). Variable O Entity [Member] VOE [Member] Investments in partnerships line by accounting method [Abstract] Investments in Partnerships by Accounting Method [Abstract] Total VIE assets Deferred carried interest in VIE Disclosure of accounting policy for consolidation to describe the significant judgments and assumptions made in determining whether a variable interest held by the entity requires the variable interest entity to be consolidated and (or) disclose information about its involvement with the variable interest entity; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity. Investment Partnership Consolidation Disclosure [Text Block] Investments in Partnerships, Offshore Funds and Variable Interests Investments in Partnerships, Offshore Funds and Variable Interests [Abstract] Investments in partnerships: Value of noncontrolling interest that are mandatorily redeemable upon a certain date or event occurring. This liability relates to certain shareholders who are employed by the company's majority-owned or majority-controlling subsidiaries, or its affiliates, who are required to sell their shares back to the Company at book value once they crease being employed by the parent company, or its affiliates. Mandatorily redeemable noncontrolling interests Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders. Senior Notes Due June 5.875% Senior notes (due June 1, 2021) Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due and the cumulative amount for all deferred tax liabilities as of the balance sheet date arising from temporary differences between accounting income in accordance with generally accepted accounting principles and tax-basis income that will result in future taxable income exceeding future accounting income. Income taxes payable and deferred tax liabilities Income taxes payable and deferred tax liabilities Total of liabilities before senior notes, convertible notes, and subordinated debt. Subtotal Sub-total Total investments in partnerships and offshore funds. Investments In Partnerships Investments in partnerships Total EX-101.PRE 11 gbl-20150930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE EX-101.INS 12 gbl-20150930.xml XBRL INSTANCE DOCUMENT 0001060349 2015-01-01 2015-09-30 0001060349 us-gaap:CommonClassBMember 2015-10-31 0001060349 us-gaap:CommonClassAMember 2015-10-31 0001060349 2014-07-01 2014-09-30 0001060349 2015-07-01 2015-09-30 0001060349 2014-01-01 2014-09-30 0001060349 2015-09-30 0001060349 2014-09-30 0001060349 2014-12-31 0001060349 us-gaap:CommonClassBMember 2015-09-30 0001060349 us-gaap:CommonClassBMember 2014-12-31 0001060349 us-gaap:CommonClassAMember 2015-09-30 0001060349 us-gaap:CommonClassBMember 2014-09-30 0001060349 us-gaap:CommonClassAMember 2014-12-31 0001060349 us-gaap:CommonClassAMember 2014-09-30 0001060349 us-gaap:CommonStockMember 2014-12-31 0001060349 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2013-12-31 0001060349 us-gaap:AdditionalPaidInCapitalMember 2014-12-31 0001060349 us-gaap:TreasuryStockMember 2013-12-31 0001060349 us-gaap:RetainedEarningsMember 2014-12-31 0001060349 us-gaap:AdditionalPaidInCapitalMember 2013-12-31 0001060349 us-gaap:RetainedEarningsMember 2013-12-31 0001060349 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-12-31 0001060349 us-gaap:TreasuryStockMember 2014-12-31 0001060349 us-gaap:CommonStockMember 2013-12-31 0001060349 gbl:RedeemableNoncontrollingInterestsMember 2013-12-31 0001060349 us-gaap:NoncontrollingInterestMember 2013-12-31 0001060349 gbl:RedeemableNoncontrollingInterestsMember 2014-12-31 0001060349 2013-12-31 0001060349 us-gaap:NoncontrollingInterestMember 2014-12-31 0001060349 us-gaap:TreasuryStockMember 2015-01-01 2015-09-30 0001060349 gbl:RedeemableNoncontrollingInterestsMember 2015-01-01 2015-09-30 0001060349 us-gaap:CommonStockMember 2014-01-01 2014-09-30 0001060349 us-gaap:RetainedEarningsMember 2015-01-01 2015-09-30 0001060349 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-01-01 2014-09-30 0001060349 us-gaap:TreasuryStockMember 2014-01-01 2014-09-30 0001060349 us-gaap:NoncontrollingInterestMember 2015-01-01 2015-09-30 0001060349 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-01-01 2015-09-30 0001060349 gbl:RedeemableNoncontrollingInterestsMember 2014-01-01 2014-09-30 0001060349 us-gaap:AdditionalPaidInCapitalMember 2015-01-01 2015-09-30 0001060349 us-gaap:AdditionalPaidInCapitalMember 2014-01-01 2014-09-30 0001060349 us-gaap:NoncontrollingInterestMember 2014-01-01 2014-09-30 0001060349 us-gaap:CommonStockMember 2015-01-01 2015-09-30 0001060349 us-gaap:RetainedEarningsMember 2014-01-01 2014-09-30 0001060349 us-gaap:TreasuryStockMember 2015-09-30 0001060349 us-gaap:NoncontrollingInterestMember 2014-09-30 0001060349 us-gaap:NoncontrollingInterestMember 2015-09-30 0001060349 gbl:RedeemableNoncontrollingInterestsMember 2015-09-30 0001060349 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-09-30 0001060349 us-gaap:RetainedEarningsMember 2015-09-30 0001060349 us-gaap:CommonStockMember 2014-09-30 0001060349 us-gaap:AdditionalPaidInCapitalMember 2014-09-30 0001060349 us-gaap:TreasuryStockMember 2014-09-30 0001060349 us-gaap:CommonStockMember 2015-09-30 0001060349 us-gaap:RetainedEarningsMember 2014-09-30 0001060349 gbl:RedeemableNoncontrollingInterestsMember 2014-09-30 0001060349 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-09-30 0001060349 us-gaap:AdditionalPaidInCapitalMember 2015-09-30 0001060349 2015-01-01 2015-01-01 0001060349 2015-04-01 2015-04-01 0001060349 us-gaap:OtherInvestmentsMember gbl:InvestmentInSecuritiesMember us-gaap:TradingAccountAssetsMember 2014-09-30 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:USTreasuryAndGovernmentMember us-gaap:TradingAccountAssetsMember 2014-12-31 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSecuritiesMember 2015-09-30 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:TradingAccountAssetsMember us-gaap:CommonStockMember 2014-12-31 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:CommonStockMember us-gaap:TradingAccountAssetsMember 2014-09-30 0001060349 us-gaap:USTreasuryAndGovernmentMember us-gaap:TradingAccountAssetsMember gbl:InvestmentInSecuritiesMember 2014-09-30 0001060349 us-gaap:OtherInvestmentsMember gbl:InvestmentInSecuritiesMember us-gaap:TradingAccountAssetsMember 2014-12-31 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSecuritiesMember us-gaap:OtherInvestmentsMember 2015-09-30 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSecuritiesMember 2014-12-31 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:TradingAccountAssetsMember gbl:MutualFundsMember 2014-12-31 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSecuritiesMember gbl:MutualFundsMember 2014-09-30 0001060349 us-gaap:TradingAccountAssetsMember gbl:MutualFundsMember gbl:InvestmentInSecuritiesMember 2015-09-30 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:TradingAccountAssetsMember 2014-09-30 0001060349 us-gaap:TradingAccountAssetsMember us-gaap:CommonStockMember gbl:InvestmentInSecuritiesMember 2015-09-30 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:USTreasuryAndGovernmentMember us-gaap:TradingAccountAssetsMember 2015-09-30 0001060349 us-gaap:CommonStockMember gbl:InvestmentInSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember 2014-12-31 0001060349 gbl:InvestmentInSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember gbl:MutualFundsMember 2014-09-30 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:InvestmentInSecuritiesMember 2014-09-30 0001060349 gbl:InvestmentInSecuritiesMember gbl:MutualFundsMember us-gaap:AvailableforsaleSecuritiesMember 2015-09-30 0001060349 us-gaap:CommonStockMember gbl:InvestmentInSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember 2014-09-30 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:InvestmentInSecuritiesMember 2015-09-30 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:MutualFundsMember gbl:InvestmentInSecuritiesMember 2014-12-31 0001060349 us-gaap:AvailableforsaleSecuritiesMember us-gaap:CommonStockMember gbl:InvestmentInSecuritiesMember 2015-09-30 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:InvestmentInSecuritiesMember 2014-12-31 0001060349 gbl:InvestmentInSecuritiesMember 2015-09-30 0001060349 gbl:InvestmentInSecuritiesMember 2014-12-31 0001060349 gbl:InvestmentInSecuritiesMember 2014-09-30 0001060349 gbl:MutualFundsMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:TradingAccountAssetsMember 2015-09-30 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2014-09-30 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2015-09-30 0001060349 us-gaap:TradingAccountAssetsMember gbl:MutualFundsMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2014-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:TradingAccountAssetsMember gbl:MutualFundsMember 2014-12-31 0001060349 us-gaap:TradingAccountAssetsMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2014-12-31 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:AvailableforsaleSecuritiesMember gbl:ClosedEndFundsMember 2014-09-30 0001060349 gbl:MutualFundsMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:AvailableforsaleSecuritiesMember 2015-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:AvailableforsaleSecuritiesMember 2014-12-31 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember gbl:MutualFundsMember 2014-12-31 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember gbl:ClosedEndFundsMember 2014-12-31 0001060349 us-gaap:AvailableforsaleSecuritiesMember gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2015-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:AvailableforsaleSecuritiesMember gbl:MutualFundsMember 2014-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:AvailableforsaleSecuritiesMember gbl:ClosedEndFundsMember 2015-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember us-gaap:AvailableforsaleSecuritiesMember 2014-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2014-09-30 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2014-12-31 0001060349 gbl:InvestmentInSponsoredRegisteredInvestmentCompaniesMember 2015-09-30 0001060349 us-gaap:AccountsReceivableMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:ForeignExchangeContractMember 2014-12-31 0001060349 us-gaap:NondesignatedMember us-gaap:EquityContractMember us-gaap:SecuritiesInvestmentMember 2015-09-30 0001060349 us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:AccountsReceivableMember 2014-09-30 0001060349 us-gaap:NondesignatedMember us-gaap:SecuritiesInvestmentMember us-gaap:EquityContractMember 2014-09-30 0001060349 us-gaap:NondesignatedMember 2015-09-30 0001060349 us-gaap:DesignatedAsHedgingInstrumentMember 2014-12-31 0001060349 us-gaap:AccountsReceivableMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2015-09-30 0001060349 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember us-gaap:AccountsReceivableMember 2015-09-30 0001060349 us-gaap:NondesignatedMember 2014-09-30 0001060349 us-gaap:DesignatedAsHedgingInstrumentMember 2014-09-30 0001060349 us-gaap:SecuritiesInvestmentMember us-gaap:NondesignatedMember us-gaap:EquityContractMember 2014-12-31 0001060349 us-gaap:DesignatedAsHedgingInstrumentMember 2015-09-30 0001060349 us-gaap:AccountsReceivableMember us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2014-09-30 0001060349 us-gaap:NondesignatedMember 2014-12-31 0001060349 us-gaap:ForeignExchangeContractMember us-gaap:AccountsReceivableMember us-gaap:NondesignatedMember 2014-12-31 0001060349 us-gaap:EquityContractMember us-gaap:NondesignatedMember us-gaap:SecuritiesSoldNotYetPurchasedMember 2015-09-30 0001060349 us-gaap:NondesignatedMember us-gaap:ForeignExchangeContractMember us-gaap:AccountsPayableMember 2014-12-31 0001060349 us-gaap:SecuritiesSoldNotYetPurchasedMember us-gaap:NondesignatedMember us-gaap:EquityContractMember 2014-09-30 0001060349 us-gaap:SecuritiesSoldNotYetPurchasedMember us-gaap:EquityContractMember us-gaap:NondesignatedMember 2014-12-31 0001060349 us-gaap:ForeignExchangeContractMember us-gaap:AccountsPayableMember us-gaap:DesignatedAsHedgingInstrumentMember 2014-09-30 0001060349 us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:AccountsPayableMember us-gaap:ForeignExchangeContractMember 2015-09-30 0001060349 us-gaap:NondesignatedMember us-gaap:AccountsPayableMember us-gaap:ForeignExchangeContractMember 2014-09-30 0001060349 us-gaap:AccountsPayableMember us-gaap:NondesignatedMember us-gaap:ForeignExchangeContractMember 2015-09-30 0001060349 us-gaap:AccountsPayableMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:ForeignExchangeContractMember 2014-12-31 0001060349 us-gaap:GainLossOnInvestmentsMember1 us-gaap:ForeignExchangeContractMember 2014-07-01 2014-09-30 0001060349 us-gaap:ForeignExchangeContractMember us-gaap:GainLossOnInvestmentsMember1 2014-01-01 2014-09-30 0001060349 us-gaap:GainLossOnInvestmentsMember1 us-gaap:EquityContractMember 2015-01-01 2015-09-30 0001060349 us-gaap:GainLossOnInvestmentsMember1 us-gaap:ForeignExchangeContractMember 2015-01-01 2015-09-30 0001060349 us-gaap:GainLossOnInvestmentsMember1 us-gaap:EquityContractMember 2015-07-01 2015-09-30 0001060349 us-gaap:GainLossOnInvestmentsMember1 us-gaap:ForeignExchangeContractMember 2015-07-01 2015-09-30 0001060349 us-gaap:GainLossOnInvestmentsMember1 us-gaap:EquityContractMember 2014-07-01 2014-09-30 0001060349 us-gaap:EquityContractMember us-gaap:GainLossOnInvestmentsMember1 2014-01-01 2014-09-30 0001060349 us-gaap:SwapMember 2014-09-30 0001060349 us-gaap:SwapMember 2015-09-30 0001060349 us-gaap:SwapMember 2014-12-31 0001060349 gbl:ClosedEndFundsMember 2015-09-30 0001060349 gbl:ClosedEndFundsMember 2014-12-31 0001060349 us-gaap:CommonStockMember 2014-09-30 0001060349 gbl:ClosedEndFundsMember 2014-09-30 0001060349 gbl:MutualFundsMember 2014-12-31 0001060349 us-gaap:CommonStockMember 2014-12-31 0001060349 us-gaap:CommonStockMember 2015-09-30 0001060349 gbl:MutualFundsMember 2014-09-30 0001060349 gbl:MutualFundsMember 2015-09-30 0001060349 gbl:ClosedEndFundsMember 2014-01-01 2014-12-31 0001060349 gbl:MutualFundsMember 2014-01-01 2014-09-30 0001060349 gbl:ClosedEndFundsMember 2015-01-01 2015-09-30 0001060349 2014-01-01 2014-12-31 0001060349 gbl:MutualFundsMember 2015-01-01 2015-09-30 0001060349 gbl:MutualFundsMember 2014-01-01 2014-12-31 0001060349 gbl:ClosedEndFundsMember 2014-01-01 2014-09-30 0001060349 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel2Member 2015-09-30 0001060349 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel3Member 2015-09-30 0001060349 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2014-12-31 0001060349 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel2Member 2014-09-30 0001060349 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel2Member 2014-12-31 0001060349 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2014-09-30 0001060349 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2014-12-31 0001060349 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel3Member 2014-09-30 0001060349 us-gaap:FairValueMeasurementsRecurringMember 2014-12-31 0001060349 us-gaap:FairValueMeasurementsRecurringMember 2015-09-30 0001060349 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel1Member 2015-09-30 0001060349 us-gaap:FairValueMeasurementsRecurringMember 2014-09-30 0001060349 us-gaap:OtherTradingMember 2014-12-31 0001060349 us-gaap:OtherTradingMember 2013-12-31 0001060349 gbl:TradingCommonStocksMember 2014-12-31 0001060349 gbl:TradingCommonStocksMember 2013-12-31 0001060349 us-gaap:OtherTradingMember 2015-06-30 0001060349 2014-06-30 0001060349 gbl:TradingCommonStocksMember 2015-06-30 0001060349 us-gaap:OtherTradingMember 2014-06-30 0001060349 gbl:TradingCommonStocksMember 2014-06-30 0001060349 2015-06-30 0001060349 us-gaap:OtherTradingMember 2014-07-01 2014-09-30 0001060349 gbl:TradingCommonStocksMember 2015-07-01 2015-09-30 0001060349 us-gaap:OtherTradingMember 2015-01-01 2015-09-30 0001060349 us-gaap:OtherTradingMember 2014-01-01 2014-09-30 0001060349 gbl:TradingCommonStocksMember 2014-07-01 2014-09-30 0001060349 gbl:TradingCommonStocksMember 2014-01-01 2014-09-30 0001060349 gbl:TradingCommonStocksMember 2015-01-01 2015-09-30 0001060349 us-gaap:OtherTradingMember 2015-07-01 2015-09-30 0001060349 us-gaap:OtherTradingMember 2015-09-30 0001060349 us-gaap:OtherTradingMember 2014-09-30 0001060349 gbl:TradingCommonStocksMember 2014-09-30 0001060349 gbl:TradingCommonStocksMember 2015-09-30 0001060349 gbl:CffsMember gbl:VariableInterestEntityMember 2013-12-31 0001060349 gbl:VariableOEntityMember gbl:OffshoreFundsMember 2013-12-31 0001060349 gbl:VariableOEntityMember gbl:PartnershipsMember 2013-12-31 0001060349 gbl:VariableInterestEntityMember gbl:OffshoreFundsMember 2013-12-31 0001060349 gbl:VariableOEntityMember gbl:CffsMember 2013-12-31 0001060349 gbl:VariableOEntityMember 2013-12-31 0001060349 gbl:VariableInterestEntityMember 2013-12-31 0001060349 gbl:PartnershipsMember gbl:VariableInterestEntityMember 2013-12-31 0001060349 gbl:PartnershipsMember gbl:VariableOEntityMember 2014-01-01 2014-09-30 0001060349 gbl:VariableInterestEntityMember gbl:OffshoreFundsMember 2014-01-01 2014-09-30 0001060349 gbl:CffsMember gbl:VariableOEntityMember 2014-01-01 2014-09-30 0001060349 gbl:PartnershipsMember gbl:VariableOEntityMember 2015-01-01 2015-09-30 0001060349 gbl:VariableOEntityMember gbl:OffshoreFundsMember 2015-01-01 2015-09-30 0001060349 gbl:OffshoreFundsMember gbl:VariableInterestEntityMember 2015-01-01 2015-09-30 0001060349 gbl:VariableInterestEntityMember gbl:PartnershipsMember 2015-01-01 2015-09-30 0001060349 gbl:VariableInterestEntityMember 2015-01-01 2015-09-30 0001060349 gbl:VariableInterestEntityMember 2014-01-01 2014-09-30 0001060349 gbl:CffsMember gbl:VariableOEntityMember 2015-01-01 2015-09-30 0001060349 gbl:CffsMember gbl:VariableInterestEntityMember 2014-01-01 2014-09-30 0001060349 gbl:VariableOEntityMember 2015-01-01 2015-09-30 0001060349 gbl:VariableInterestEntityMember gbl:PartnershipsMember 2014-01-01 2014-09-30 0001060349 gbl:CffsMember gbl:VariableInterestEntityMember 2015-01-01 2015-09-30 0001060349 gbl:VariableOEntityMember gbl:OffshoreFundsMember 2014-01-01 2014-09-30 0001060349 gbl:VariableOEntityMember 2014-01-01 2014-09-30 0001060349 gbl:OffshoreFundsMember gbl:VariableOEntityMember 2014-10-01 2014-12-31 0001060349 gbl:PartnershipsMember gbl:VariableOEntityMember 2014-10-01 2014-12-31 0001060349 gbl:VariableInterestEntityMember 2014-10-01 2014-12-31 0001060349 gbl:VariableInterestEntityMember gbl:OffshoreFundsMember 2014-10-01 2014-12-31 0001060349 gbl:VariableInterestEntityMember gbl:CffsMember 2014-10-01 2014-12-31 0001060349 gbl:PartnershipsMember gbl:VariableInterestEntityMember 2014-10-01 2014-12-31 0001060349 gbl:CffsMember gbl:VariableOEntityMember 2014-10-01 2014-12-31 0001060349 gbl:VariableOEntityMember 2014-10-01 2014-12-31 0001060349 gbl:PartnershipsMember gbl:VariableInterestEntityMember 2014-12-31 0001060349 gbl:VariableOEntityMember gbl:PartnershipsMember 2015-09-30 0001060349 gbl:VariableOEntityMember gbl:CffsMember 2014-12-31 0001060349 gbl:CffsMember gbl:VariableInterestEntityMember 2015-09-30 0001060349 gbl:VariableOEntityMember 2014-09-30 0001060349 gbl:PartnershipsMember gbl:VariableOEntityMember 2014-09-30 0001060349 gbl:OffshoreFundsMember gbl:VariableInterestEntityMember 2015-09-30 0001060349 gbl:VariableOEntityMember gbl:OffshoreFundsMember 2014-09-30 0001060349 gbl:OffshoreFundsMember gbl:VariableInterestEntityMember 2014-09-30 0001060349 gbl:VariableOEntityMember 2014-12-31 0001060349 gbl:VariableInterestEntityMember 2014-09-30 0001060349 gbl:CffsMember gbl:VariableInterestEntityMember 2014-12-31 0001060349 gbl:CffsMember gbl:VariableOEntityMember 2015-09-30 0001060349 gbl:VariableInterestEntityMember 2014-12-31 0001060349 gbl:VariableInterestEntityMember gbl:CffsMember 2014-09-30 0001060349 gbl:VariableOEntityMember 2015-09-30 0001060349 gbl:VariableInterestEntityMember 2015-09-30 0001060349 gbl:PartnershipsMember gbl:VariableInterestEntityMember 2014-09-30 0001060349 gbl:PartnershipsMember gbl:VariableInterestEntityMember 2015-09-30 0001060349 gbl:VariableInterestEntityMember gbl:OffshoreFundsMember 2014-12-31 0001060349 gbl:VariableOEntityMember gbl:OffshoreFundsMember 2015-09-30 0001060349 gbl:OffshoreFundsMember gbl:VariableOEntityMember 2014-12-31 0001060349 gbl:PartnershipsMember gbl:VariableOEntityMember 2014-12-31 0001060349 gbl:VariableOEntityMember gbl:CffsMember 2014-09-30 0001060349 gbl:OffshoreFundsMember gbl:UnaffiliatedEntityMember 2014-09-30 0001060349 gbl:UnaffiliatedEntityMember gbl:PartnershipsMember 2014-12-31 0001060349 gbl:CffsMember us-gaap:AffiliatedEntityMember 2015-09-30 0001060349 gbl:PartnershipsMember gbl:UnaffiliatedEntityMember 2015-09-30 0001060349 gbl:UnaffiliatedEntityMember gbl:PartnershipsMember 2014-09-30 0001060349 gbl:OffshoreFundsMember gbl:UnaffiliatedEntityMember 2015-09-30 0001060349 gbl:UnaffiliatedEntityMember gbl:OffshoreFundsMember 2014-12-31 0001060349 us-gaap:AffiliatedEntityMember gbl:OffshoreFundsMember 2014-09-30 0001060349 us-gaap:AffiliatedEntityMember gbl:PartnershipsMember 2015-09-30 0001060349 gbl:PartnershipsMember us-gaap:AffiliatedEntityMember 2014-09-30 0001060349 us-gaap:AffiliatedEntityMember gbl:OffshoreFundsMember 2015-09-30 0001060349 gbl:CffsMember us-gaap:AffiliatedEntityMember 2014-12-31 0001060349 gbl:CffsMember us-gaap:AffiliatedEntityMember 2014-09-30 0001060349 gbl:PartnershipsMember us-gaap:AffiliatedEntityMember 2014-12-31 0001060349 us-gaap:AffiliatedEntityMember gbl:OffshoreFundsMember 2014-12-31 0001060349 gbl:OffshoreFundsMember 2015-09-30 0001060349 gbl:OffshoreFundsMember 2014-12-31 0001060349 gbl:CffsMember 2014-12-31 0001060349 gbl:PriorToConsolidationMember 2014-09-30 0001060349 gbl:PartnershipsMember 2014-09-30 0001060349 gbl:CffsMember 2015-09-30 0001060349 gbl:CffsMember 2014-09-30 0001060349 gbl:PartnershipsMember 2015-09-30 0001060349 gbl:OffshoreFundsMember 2014-09-30 0001060349 gbl:PriorToConsolidationMember 2014-12-31 0001060349 gbl:PartnershipsMember 2014-12-31 0001060349 gbl:PriorToConsolidationMember 2015-09-30 0001060349 gbl:CffsMember 2014-01-01 2014-09-30 0001060349 gbl:PriorToConsolidationMember 2014-07-01 2014-09-30 0001060349 gbl:OffshoreFundsMember 2014-07-01 2014-09-30 0001060349 gbl:PriorToConsolidationMember 2014-01-01 2014-09-30 0001060349 gbl:PartnershipsMember 2014-01-01 2014-09-30 0001060349 gbl:PartnershipsMember 2015-07-01 2015-09-30 0001060349 gbl:OffshoreFundsMember 2014-01-01 2014-09-30 0001060349 gbl:PartnershipsMember 2014-07-01 2014-09-30 0001060349 gbl:PriorToConsolidationMember 2015-07-01 2015-09-30 0001060349 gbl:PriorToConsolidationMember 2015-01-01 2015-09-30 0001060349 gbl:OffshoreFundsMember 2015-07-01 2015-09-30 0001060349 gbl:CffsMember 2015-01-01 2015-09-30 0001060349 gbl:OffshoreFundsMember 2015-01-01 2015-09-30 0001060349 gbl:CffsMember 2015-07-01 2015-09-30 0001060349 gbl:PartnershipsMember 2015-01-01 2015-09-30 0001060349 gbl:CffsMember 2014-07-01 2014-09-30 0001060349 gbl:SeniorNotesDueJune2021Member 2014-09-30 0001060349 gbl:SeniorNotesDueJune2021Member 2015-09-30 0001060349 us-gaap:SubordinatedDebtMember 2014-09-30 0001060349 us-gaap:SubordinatedDebtMember 2014-12-31 0001060349 gbl:SeniorNotesDueJune2021Member 2014-12-31 0001060349 us-gaap:SubordinatedDebtMember 2015-09-30 0001060349 us-gaap:SubordinatedDebtMember us-gaap:FairValueInputsLevel2Member 2015-09-30 0001060349 gbl:SeniorNotesDueJune2021Member us-gaap:FairValueInputsLevel2Member 2015-09-30 0001060349 us-gaap:FairValueInputsLevel2Member gbl:SeniorNotesDueJune2021Member 2014-09-30 0001060349 us-gaap:FairValueInputsLevel2Member gbl:SeniorNotesDueJune2021Member 2014-12-31 0001060349 us-gaap:SubordinatedDebtMember us-gaap:FairValueInputsLevel2Member 2014-09-30 0001060349 us-gaap:SubordinatedDebtMember us-gaap:FairValueInputsLevel2Member 2014-12-31 0001060349 us-gaap:SubordinatedDebtMember 2015-07-01 2015-09-30 0001060349 gbl:SeniorNotesDueJune2021Member 2015-07-01 2015-09-30 0001060349 us-gaap:SubordinatedDebtMember 2015-01-01 2015-09-30 0001060349 us-gaap:SubordinatedDebtMember 2014-01-01 2014-09-30 0001060349 us-gaap:SubordinatedDebtMember 2014-07-01 2014-09-30 0001060349 gbl:QuarterlyDividendMember 2014-04-01 2014-06-30 0001060349 gbl:QuarterlyDividendMember 2014-07-01 2014-09-30 0001060349 gbl:QuarterlyDividendMember 2015-04-01 2015-06-30 0001060349 gbl:QuarterlyDividendMember 2014-01-01 2014-03-31 0001060349 gbl:QuarterlyDividendMember 2015-01-01 2015-03-31 0001060349 gbl:QuarterlyDividendMember 2015-07-01 2015-09-30 0001060349 2015-04-01 2015-06-30 0001060349 2014-01-01 2014-03-31 0001060349 2015-01-01 2015-03-31 0001060349 2014-04-01 2014-06-30 0001060349 us-gaap:CommonClassBMember 2015-07-01 2015-09-30 0001060349 us-gaap:CommonClassAMember 2015-07-01 2015-09-30 0001060349 us-gaap:RestrictedStockMember 2015-07-01 2015-09-30 0001060349 us-gaap:RestrictedStockMember gbl:AwardMadeInAugust2013AndSeptember2014Member 2015-01-01 2015-09-30 0001060349 gbl:AwardMadeOnJanuary92014Member us-gaap:RestrictedStockMember 2015-01-01 2015-09-30 0001060349 gbl:AwardMadeOnSeptember152014Member us-gaap:RestrictedStockMember 2015-01-01 2015-09-30 0001060349 gbl:AwardMadeOnDecember232014Member us-gaap:RestrictedStockMember 2015-01-01 2015-09-30 0001060349 gbl:FirstQuarterMember 2014-01-01 2014-03-31 0001060349 gbl:ThirdQuarterMember 2014-07-01 2014-09-30 0001060349 gbl:SecondQuarterMember 2014-04-01 2014-06-30 0001060349 gbl:FourthQuarterMember 2014-10-01 2014-12-31 0001060349 gbl:FirstQuarterMember 2015-07-01 2015-09-30 0001060349 gbl:ThirdQuarterMember 2015-07-01 2015-09-30 0001060349 gbl:FourthQuarterMember 2015-07-01 2015-09-30 0001060349 gbl:SecondQuarterMember 2015-07-01 2015-09-30 0001060349 2015-08-04 0001060349 1999-01-01 2015-09-30 0001060349 us-gaap:SubsidiariesMember 2015-09-30 0001060349 gbl:GDistributorsLlcMember 2015-09-30 0001060349 us-gaap:SubsequentEventMember 2015-11-04 2015-11-04 0001060349 us-gaap:SubsequentEventMember us-gaap:RestrictedStockMember gbl:November2013GrantMember 2015-10-12 0001060349 us-gaap:SubsequentEventMember us-gaap:RestrictedStockMember gbl:November2013GrantMember 2015-10-12 2015-10-12 0001060349 us-gaap:SubsequentEventMember gbl:ShareholderDesignatedCharitableContributionProgramMember 2015-10-13 2015-10-13 0001060349 us-gaap:SubsequentEventMember gbl:QuarterlyDividendMember 2015-11-04 2015-11-04 0001060349 us-gaap:SubsequentEventMember gbl:QuarterlyDividendMember 2015-01-01 2015-09-30 xbrli:shares iso4217:USD iso4217:USD xbrli:shares gbl:InvestmentHoldinginLossPosition gbl:Entity xbrli:pure gbl:DebentureRepurchased gbl:VoteperShare gbl:IncentivePlan false --12-31 2015-09-30 No No Yes Accelerated Filer GAMCO INVESTORS, INC. ET AL 0001060349 19196792 6247452 2015 Q3 10-Q 4 1 4 28615000 42102000 0 -6000 -1000 28629000 31221000 -82000 -2000 17000 9000 5000 -222000 41872000 31155000 31155000 41872000 28629000 502000 661000 29657000 34246000 31007000 17575000 23392000 25014000 289664000 299769000 291681000 136919000 44299000 0 0 0 0 0 0 0 0 5182000 6819000 0 0 6819000 0 0 5182000 92591000 82182000 257563000 270544000 1092000 1018000 1587000 24897000 666120000 676454000 650539000 594560000 14462000 24701000 681674000 620848000 872669000 866430000 898760000 364000 759305000 4732000 90786000 327000 1434000 102377000 310000 4421000 4840000 802932000 866031000 34095000 37769000 40310000 1368000 1174000 35269000 36380000 38942000 1389000 70349000 39536000 36142000 3377000 39519000 73226000 36323000 3213000 2877000 108495000 4581000 70349000 38942000 4051000 4766000 36142000 77288000 79846000 34095000 36380000 36323000 37000 2926000 0 2000 2847000 65000 79000 28000 2000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The following is a summary of the cost, gross unrealized gains, gross unrealized losses and fair value of available for sale investments as of September 30, 2015, December 31, 2014 and September 30, 2014:</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 73%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,561</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,534</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,068</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,128</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,847</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,510</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,620</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,051</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79,139</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">32,282</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,926</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">108,495</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 73%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,637</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,305</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,962</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,398</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(37</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,579</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,030</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(28</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,581</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,178</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,733</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(65</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79,846</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 73%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,228</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">22,152</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,819</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,325</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,603</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,163</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,766</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,650</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,640</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">77,288</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div></div> 32282000 14325000 38640000 2163000 20534000 14398000 1620000 10128000 41733000 2030000 25305000 22152000 65000 28000 2000 0 2000 0 2926000 37000 0 2847000 0 79000 1050000 77000 0 37690000 224000 77000 275000 775000 37914000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Investments classified as available for sale that are in an unrealized loss position for which other-than-temporary impairment has not been recognized consisted of the following:</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 22%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 22%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">(in thousands)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Cosed-end funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,847</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37,690</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">812</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(37</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">77</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 22%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 5%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">303</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">224</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 5%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">303</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(28</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">275</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 5%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,840</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,926</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37,914</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,115</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(65</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,050</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">77</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div></div> 13637000 681000 14909000 627000 14228000 14188000 681000 13561000 14318000 21819000 1883000 23860000 1898000 21962000 64951000 1922000 63068000 23741000 63068000 21962000 14228000 21819000 2579000 13637000 13561000 2603000 38650000 79139000 2510000 38178000 0 3500000 30000 300000 30000 3511000 115046000 39537000 39520000 39537000 0 0 0 0 0 0 115046000 0 0 39520000 0 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Basis of Presentation</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Unless we have indicated otherwise, or the context otherwise requires, references in this report to "GAMCO Investors, Inc.," "GAMCO," "the Company," "GBL," "we," "us" and "our" or similar terms are to GAMCO Investors, Inc., its predecessors and its subsidiaries.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The unaudited interim condensed consolidated financial statements of GAMCO&#160;included herein have been prepared in conformity with generally accepted accounting principles ("GAAP") in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by U.S. GAAP in the United States for complete financial statements.&#160;&#160;In the opinion of management, the unaudited interim condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of financial position, results of operations and cash flows of GAMCO for the interim periods presented and are not necessarily indicative of a full year's results.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The interim condensed consolidated financial statements include the accounts of GAMCO and its subsidiaries.&#160;&#160;Intercompany accounts and transactions are eliminated.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">These interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 from which the accompanying condensed consolidated financial statements were derived.</div><div><br /></div></div> 5253000 5272000 5191000 0 0 297971000 0 0 358210000 0 0 297971000 425392000 425392000 358210000 425616000 358421000 298224000 210451000 13000 0 -11000 358316000 98000 2000 7000 52000 0 298149000 1000 86000 0 13000 425549000 127369000 147970000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">J.&#160;Commitments and Contingencies</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">From time to time, the Company may be named in legal actions and proceedings.&#160; These actions may seek substantial or indeterminate compensatory as well as punitive damages or injunctive relief.&#160; The Company is also subject to governmental or regulatory examinations or investigations.&#160; The examinations or investigations could result in adverse judgments, settlements, fines, injunctions, restitutions or other relief.&#160; For any such matters, the condensed consolidated financial statements include the necessary provisions for losses that the Company believes are probable and estimable.&#160; Furthermore, the Company evaluates whether there exist losses which may be reasonably possible and will, if material, make the necessary disclosures.&#160; However, management believes such amounts, both those that are probable and those that are reasonably possible, are not material to the Company's financial condition, operations or cash flows at September 30, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company indemnifies the clearing brokers of G.research, Inc., our broker-dealer subsidiary, for losses they may sustain from the customer accounts that trade on margin introduced by it.&#160; At September 30, 2015, the total amount of customer balances subject to indemnification (i.e. unsecured margin debits) was immaterial.&#160;&#160;The Company also has entered into arrangements with various other third parties many of which provide for indemnification of the third parties against losses, costs, claims and liabilities arising from the performance of obligations under the agreements.&#160; The Company has had no claims or payments pursuant to these or prior agreements and believes the likelihood of a claim being made is remote.&#160;&#160;The Company's estimate of the value of such agreements is de minimis, and therefore an accrual has not been made on the condensed consolidated financial statements.</div><div><br /></div></div> 19000 19000 14000 19000 14000 14000 15230433 24000000 24000000 15341433 15387701 24000000 100000000 100000000 100000000 100000000 100000000 100000000 0.18 0.06 0.21 0.07 0.06 0.06 0.07 0.06 0.07 0.07 0.07 0.001 0.001 0.001 0.001 0.001 0.001 19239260 6340992 19196792 6616212 6599982 19279260 25900000 25900000 25500000 3500000 71004000 7720000 18100000 55817000 21213000 8238000 56406000 73722000 32000 34000 66980000 20000 38000 205207000 206009000 3000 260000 60304000 20000 23000 95000 50000 730000 197828000 12000 198005000 60350000 67272000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">G. Debt</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Debt consists of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Carrying</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Carrying</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Carrying</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">(In thousands)</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">5.875% Senior notes</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">106,625</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">110,123</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">108,200</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">0% Subordinated debentures</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,750</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12,163</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11,941</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12,775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">106,750</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">113,425</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">112,163</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">123,123</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">111,941</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">120,975</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">5.875% Senior notes</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">On May 31, 2011, the Company issued 10-year, $100 million senior notes.&#160; The notes mature on June 1, 2021 and bear interest at 5.875% per annum, payable semi-annually on June 1 and December 1 of each year and commenced on December 1, 2011.&#160; Upon the occurrence of a change of control triggering event, as defined in the indenture, the Company would be required to offer to repurchase the notes at 101% of their principal amount.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Zero coupon Subordinated debentures due December 31, 2015</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">On December 31, 2010, the Company issued $86.4 million in par value of five year zero coupon subordinated debentures due December 31, 2015 ("Debentures") to its shareholders of record on December 15, 2010 through the declaration of a special dividend of $3.20 per share.&#160; The Debentures have a par value of $100 and are callable at the option of the Company, in whole or in part, at any time or from time to time, at a redemption price equal to 100% of the principal amount of the Debentures to be redeemed.&#160; During the three month period ended September 30, 2015 and September 30, 2014 the Company repurchased 16 Debentures and 1,032 Debentures, respectively, having a face value of $1,600 and $0.1 million, respectively.&#160; The redemptions were accounted for as extinguishments of debt and resulted in losses of less than $1,000 and $10,000, respectively, which were included in net gain from investments on the condensed consolidated statements of income.&#160; During the nine month periods ended September 30, 2015 and September 30, 2014, the Company repurchased 62,242 Debentures and 7,165 Debentures, respectively, having a face value of $6.2 million and $0.7 million, respectively.&#160; The redemptions were accounted for as extinguishments of debt and resulted in losses of $310,000 and $84,000, respectively.&#160; The debt is being accreted to its face value using the effective rate on the date of issuance of 7.45%.&#160; At September 30, 2015, December 31, 2014 and September 30, 2014, the debt was recorded at its accreted value of $6.8 million, $12.2 million and $11.9 million, respectively.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The fair value of the Company's debt, which is a Level 2 valuation, is estimated based on either quoted market prices for the same or similar issues or on the current rates offered to the Company for debt of the same remaining maturities or using market standard models.&#160; Inputs in these standard models include credit rating, maturity and interest rate.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">On May 4, 2015, the Securities and Exchange Commission ("SEC") declared effective the "shelf" registration statement filed by the Company.&#160; The "shelf" provides the Company with the flexibility of issuing any combination of senior and subordinated debt securities, convertible securities and common and preferred securities up to a total amount of $500 million and replaced the existing shelf registration which expired in May 2015.&#160; As of September 30, 2015, $500 million is available on the shelf.</div><div><br /></div></div> 2015-12-31 2021-06-01 0.0745 0.0745 0.0745 100000000 86400000 0 0 0.05875 0.05875 0 0.05875 349000 102000 -3472000 -8033000 475000 507000 0 0 0 7009000 95000 0 5470000 41621000 0 666000 635000 5267000 6105000 0 36354000 6343000 6105000 36354000 5172000 0 7009000 0 0 0 896000 143000 800000 54000 143000 262000 0 0 0 657000 634000 89000 0 143000 143000 0 800000 143000 0 0 0 800000 0 896000 896000 0 0 800000 896000 0 800000 143000 896000 0 0 0 89000 634000 657000 0 0 0 482000 541000 199000 2012000 1240000 1132000 1885000 27000 1985000 758000 591000 2084000 2014-09-30 2015-06-30 2015-09-29 2014-03-25 2015-03-31 2014-06-24 2015-12-29 2014-09-16 2015-06-16 2015-09-15 2014-03-11 2015-03-17 2014-06-10 2015-12-15 2015-11-04 0 0 0 5381000 0 4653000 5381000 0 0 0 4653000 0 0 0 0 0 86000 129000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">F. Earnings Per Share</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font>computations of basic and diluted net income per share are as follows:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Three Months Ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Nine Months Ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">(in thousands, except per share amounts)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Basic:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO Investors, Inc.'s shareholders</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,969</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,665</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,846</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">80,569</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Weighted average shares outstanding</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,947</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,296</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,047</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,385</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Basic net income attributable to GAMCO Investors, Inc.'s</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">shareholders per share</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.60</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.94</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.55</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.17</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Diluted:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO Investors, Inc.'s shareholders</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,969</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,665</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,846</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">80,569</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Weighted average share outstanding</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,947</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,296</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,047</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,385</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Dilutive stock options and restricted stock awards</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">221</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">290</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">210</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,241</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,517</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,337</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,595</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Diluted net income attributable to GAMCO Investors, Inc.'s</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">shareholders per share</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.59</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.93</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.52</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.15</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> 0.94 2.55 3.17 0.60 0.93 2.52 3.15 0.59 5000 8000 0.388 0.365 0.390 0.379 39983000 93535000 88747000 25700000 0 102000 349000 0 83834000 38318000 6286000 0 6552000 7552000 83340000 6611000 0 7577000 0 34185000 34385000 34967000 6864000 36033000 34552000 86708000 15101000 12344000 39747000 44087000 0 0 0 -442000 -84000 0 0 0 0 -358000 0 0 0 0 5000 0 6000 10000 0 0 11000 0 0 10000 0 0 0 0 0 0 0 0 0 0 0 0 24000 0 -145000 102000 0 8000 24000 -166000 19000 -64000 8000 -126000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">C. Fair Value</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The following tables present information about the Company's&#160;assets and liabilities by major categories measured at fair value on a recurring basis as of September 30, 2015, December 31, 2014 and September 30, 2014 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2015 (in thousands)</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Quoted Prices in Active</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance as of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Markets for Identical</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Observable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unobservable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets (Level 1)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 2)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 3)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash equivalents</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">425,392</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">425,392</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,319</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,319</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,174</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,174</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">86,970</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">87,745</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">263</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">317</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">723</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">125,682</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">126,917</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">115,046</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">115,046</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">240,728</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,462</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">256,282</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets at fair value</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666,120</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,462</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">681,674</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,577</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014 (in thousands)</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Quoted Prices in Active</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance as of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Markets for Identical</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Observable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unobservable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets (Level 1)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 2)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 3)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash equivalents</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">297,971</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">297,971</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,368</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,368</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Gov't obligations</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,996</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,996</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">193,735</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,293</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">195,029</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,498</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,498</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">513</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">897</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,704</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">257,052</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">898</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">259,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,213</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,213</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">296,589</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,701</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">322,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets at fair value</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">594,560</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,701</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">620,848</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,595</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2014 (in thousands)</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Quoted Prices in Active</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance as of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Markets for Identical</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Observable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unobservable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets (Level 1)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 2)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 3)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash equivalents</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">358,210</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">358,210</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,094</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,094</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,389</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,389</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Gov't obligations</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,999</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,999</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">190,215</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">724</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">190,939</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,373</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,373</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">453</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,550</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">252,809</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">254,630</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,377</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,377</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,520</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,520</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">292,329</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,897</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">318,244</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets at fair value</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">650,539</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,897</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">676,454</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The following tables present additional information about assets by major categories measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2015 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">June</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading - Common</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">920</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(145</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(145</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">298</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">317</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,218</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(126</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(126</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were no transfers between any Levels during the three months ended September 30, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2014 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">June</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading - Common&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">716</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">724</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,010</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were no transfers between any Levels during the three months ended September 30, 2014.</div><div><br /></div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2015 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" style="vertical-align: bottom; text-align: center; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading - Common</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,293</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(166</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(166</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(358</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">102</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">102</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(84</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">317</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(64</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(64</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(442</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were securities with a value of $0.4 million that were transferred out of Level 3 as a result of the deconsolidation of an offshore fund during the first quarter of 2015 which are reflected in sales above.&#160; There were no transfers between Levels 1 or 2 during the nine months ended September 30, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2014 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" style="vertical-align: bottom; text-align: center; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">31, 2013</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr style="height: 12px;"><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading -&#160;Common</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">700</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">724</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">284</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">984</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were no transfers between any Levels during the nine months ended September 30, 2014.</div><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The following tables present additional information about assets by major categories measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2015 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">June</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading - Common</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">920</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(145</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(145</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">298</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">19</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">317</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,218</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(126</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(126</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were no transfers between any Levels during the three months ended September 30, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2014 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">June</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading - Common&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">716</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">724</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,010</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were no transfers between any Levels during the three months ended September 30, 2014.</div><div><br /></div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2015 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" style="vertical-align: bottom; text-align: center; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading - Common</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,293</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(166</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(166</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(358</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">102</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">102</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(84</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">317</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(64</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(64</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(442</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were securities with a value of $0.4 million that were transferred out of Level 3 as a result of the deconsolidation of an offshore fund during the first quarter of 2015 which are reflected in sales above.&#160; There were no transfers between Levels 1 or 2 during the nine months ended September 30, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2014 (in thousands)</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Total Realized and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Realized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Included in</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">and</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Transfers</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" style="vertical-align: bottom; text-align: center; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">31, 2013</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses) in Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">In and/or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Beginning</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">AFS</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Comprehensive</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains or</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Out) of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Ending</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Trading</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Investments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">(Losses)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Purchases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Sales</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr style="height: 12px;"><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Financial</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">instruments owned:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">Trading -&#160;Common</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160; stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">700</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">724</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 10%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">284</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 7%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 10%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">984</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 7%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">There were no transfers between any Levels during the nine months ended September 30, 2014.</div><div><br /></div></div> 1587000 294000 284000 1293000 984000 700000 298000 1010000 920000 294000 716000 1218000 317000 1092000 294000 724000 775000 1018000 0 0 0 0 0 0 0 0 0 0 0 0 6130000 6720000 2540000 2063000 14180000 5577000 10595000 9960000 635000 14180000 5482000 0 666000 5577000 0 95000 0 13514000 10595000 5231000 604000 0 0 13549000 0 0 0 206000 0 631000 140000 9991000 0 -206000 22000 15000 0 -166000 -126000 8000 -145000 0 19000 -64000 24000 8000 24000 102000 -310000 -84000 3500000 3300000 200000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">I. Goodwill and Identifiable Intangible Assets</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">At September 30, 2015, $3.5 million of goodwill is reflected within other assets on the condensed consolidated statements of financial condition with $3.3 million related to a 94%-owned subsidiary, Gabelli Securities, Inc. and $0.2 million related to G.distributors, LLC.&#160; The Company assesses the recoverability of goodwill at least annually, or more often should events warrant, using a qualitative assessment of whether it is more likely than not that an impairment has occurred to determine if a quantitative analysis is required.&#160;&#160;There were no indicators of impairment for the three months ended September 30, 2015 or September 30, 2014, and as such there was no impairment analysis performed or charge recorded.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">As a result of becoming the advisor to the Gabelli Enterprise Mergers and Acquisitions Fund and the associated consideration paid, the Company&#160;maintains an identifiable intangible asset of $1.9 million within other assets&#160;on the condensed consolidated statements of financial condition at September 30, 2015, December 31, 2014 and September 30, 2014.&#160; The investment advisory agreement is subject to annual renewal by the fund's Board of Directors, which the Company expects to be renewed, and the Company does&#160;not expect to incur additional expense as a result,&#160;which is consistent with other investment advisory agreements entered into by the Company.&#160; The advisory contract is next up for renewal in February 2016.&#160; The Company assesses the recoverability of this intangible asset at least annually, or more often should events warrant.&#160;&#160;There were no indicators of impairment for the three months ended September 30, 2015 or September 30, 2014, and as such there was no impairment analysis performed or charge recorded.</div><div><br /></div><div><br /></div></div> 681000 572000 -2791000 122647000 -2549000 -156000 -37000 36631000 -301000 -142000 24161000 -35000 -298000 125252000 -213000 102295000 33597000 -21000 -30000 -22000 23696000 101804000 33597000 23696000 101804000 122647000 44796000 9245000 38547000 13045000 44796000 38547000 9245000 0 0 0 0 13045000 0 0 0 0 0 0 0 0 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">E. Income Taxes</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The effective tax rate ("ETR) for the three months ended September 30, 2015 and September 30, 2014 was 39.0%&#160;and 38.8%, respectively.&#160; The effective tax rate for the nine months ended September 30, 2015 was 37.9%&#160;compared to 36.5% for the prior year nine month period.&#160; During the nine month period ended September 30, 2014 we benefitted from the donation of appreciated securities used to fund our shareholder designated charitable contribution program.</div><div><br /></div></div> 52956000 49590000 2409000 2433000 2477000 -13046000 -20351000 -5019000 -4950000 30424000 24745000 -1639000 5092000 -563000 -20402000 48768000 58873000 -29096000 22376000 36026000 42930000 221000 210000 294000 290000 1900000 1900000 1900000 1917000 5899000 1987000 6000000 3557000 1084000 3227000 884000 3847000 3897000 95000 5577000 666000 5482000 10595000 13514000 14180000 635000 9960000 24094000 0 23803000 0 24094000 0 14319000 14319000 0 0 0 23803000 0 0 14317000 0 0 14317000 0 0 0 0 0 0 23803000 24094000 24094000 0 23803000 0 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">B.&#160;&#160;Investment in Securities</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in securities at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr style="height: 17px;"><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading securities:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Government obligations</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,994</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,996</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,995</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,999</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">78,025</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">87,745</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">170,977</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">195,029</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">167,714</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">190,939</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,504</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,432</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,498</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,416</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,373</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Other investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">505</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">723</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">743</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,704</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">753</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,550</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total trading securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">81,034</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">91,648</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">193,146</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">219,227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">191,878</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">216,861</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Available for sale securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,561</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,637</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,228</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">627</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,174</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,368</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,389</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,188</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">35,269</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,318</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,310</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,909</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37,769</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95,222</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">126,917</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">207,464</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">259,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">206,787</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">254,630</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Securities sold, not yet purchased at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Proceeds</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Proceeds</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Proceeds</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading securities:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,123</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,835</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11,699</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">Other investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">71</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,131</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,577</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,836</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,595</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11,770</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies at September 30, 2015, December 31,2014 and September 30, 2014 consisted of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading securities:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,097</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total trading securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,097</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Available for sale securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Closed-end funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,068</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,962</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,819</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,883</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,898</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,213</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,922</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,377</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">64,951</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">73,226</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,860</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,536</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,741</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,519</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;&#160;&#160;registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">105,048</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">115,046</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,861</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,742</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,520</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Management determines the appropriate classification of debt and equity securities at the time of purchase and reevaluates such designation as of the date of each consolidated statement of financial condition.&#160;&#160;Investments in United States Treasury Bills and Notes with maturities of greater than three months at the time of purchase are classified as investments in securities, and those with maturities of three months or less at the time of purchase are classified as cash equivalents.&#160;&#160;The portion of investments in securities held for resale in anticipation of short-term market movements are classified as trading securities.&#160; Trading securities are stated at fair value, with any unrealized gains or losses reported in current period earnings.&#160; Available for sale ("AFS") investments are stated at fair value, with any unrealized gains or losses, net of taxes, reported as a component of equity except for losses deemed to be other than temporary ("OTT") which are recorded as realized losses in the condensed consolidated statements of income.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The following table identifies all reclassifications out of accumulated other comprehensive income ("AOCI") into income for the three and nine months ended September 30, 2015 and 2014 (in thousands):</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Affected Line Items</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reason for</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassified</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassification</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Of&#160;Income</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Three months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;</div></td></tr><tr><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">348</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on sale of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">45</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Other operating expenses/net gain from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on donation of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(150</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;OTT impairment of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(105</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">348</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income before income taxes</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(129</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income tax provision</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(66</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">219</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net income</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;&#160;&#160;&#160;&#160;&#160;</td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Affected Line Items</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reason for</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassified</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassification</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Of Income</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Nine months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;">&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">30</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,511</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on sale of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">80</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,639</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Other operating expenses/net gain from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on donation of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(150</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(69</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;OTT impairment of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(40</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,081</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income before income taxes</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">15</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,620</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income tax provision</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(25</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,461</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net income</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;&#160;&#160;&#160;&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;&#160;&#160;&#160;&#160;</div></td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company recognizes all derivatives as either assets or liabilities measured at fair value and includes them in either investments in securities or securities sold, not yet purchased on the condensed consolidated statements of financial condition.&#160; From time to time, the Company and/or the partnerships and offshore funds that the Company consolidates will enter into hedging transactions to manage their exposure to foreign currencies and equity prices related to their proprietary investments.&#160; At September 30, 2015, December 31, 2014 and September 30, 2014, we held derivative contracts on 170,000 equity shares, 3.8 million equity shares and 2.3 million equity shares, respectively, that are included in investments in securities or securities sold, not yet purchased on the condensed consolidated statements of financial condition.&#160; &#160;We had two, one and one foreign exchange contracts outstanding at September 30, 2015, December 31, 2014 and September 30, 2014, respectively, that are included in receivable from brokers or payable to brokers on the condensed consolidated statements of financial condition.&#160; Aside from one foreign exchange contract, these transactions are not designated as hedges for accounting purposes, and therefore changes in fair values of these derivatives are included in net gain/(loss) from investments on the condensed consolidated statements of income.&#160; The one foreign exchange contract that is designated as a hedge was for a short of British Pounds to hedge the long investment that we have in our London Stock Exchange listed Gabelli Value Plus+ Trust Ltd. closed-end fund which is denominated in British Pounds.&#160; As the underlying investment that is being hedged is an available for sale security, the portion of the change in value of the closed-end fund that is currency related is recorded in net gain/(loss) from investments on the condensed consolidated statements of income and not in accumulated comprehensive income.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The following tables identify the fair values and gains and losses of all derivatives held by the Company (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset Derivatives Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liability Derivatives Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; padding-left: 17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance Sheet Location</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance Sheet Location</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 9pt; text-indent: -9pt;">Derivatives designated as hedging instruments under </div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;&#160;&#160; <font style="font-weight: bold;">FASB ASC 815-20</font>&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Foreign exchange contracts</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Receivable from brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Payable to brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,354</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Sub total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,354</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 9pt; text-indent: -9pt;">Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #ffffff;">Investments in&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #ffffff;">Securities sold,&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Equity contracts</div></td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">&#160;not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Foreign exchange contracts</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Receivable from brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Payable to brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,172</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,470</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,343</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Sub total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,267</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,105</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,009</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Total derivatives</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,621</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,105</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,009</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; text-indent: 18pt;">Type of Derivative</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income Statement Location</div></td><td colspan="7" valign="bottom" style="vertical-align: bottom; font-weight: bold; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">Three Months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td colspan="7" valign="bottom" style="vertical-align: bottom; font-weight: bold; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">Nine Months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;</div></td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Foreign exchange contracts</div></td><td valign="bottom" style="vertical-align: bottom; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,985</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,885</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">541</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Equity contracts</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">27</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">758</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">199</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">591</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,012</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,240</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,084</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,132</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company is a party to enforceable master netting arrangements for swaps entered into as part of the investment strategy of the Company's proprietary portfolio.&#160; They are typically not used as hedging instruments.&#160; These swaps, while settled on a net basis with the counterparties, major U.S. financial institutions, are shown gross in assets and liabilities on the condensed consolidated statements of financial condition.&#160; The swaps have a firm contract end date and are closed out and settled when each contract expires.&#160;</div><div><br /></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts Not Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; padding-bottom: 2px; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; padding-bottom: 2px; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; padding-bottom: 2px; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets Presented</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Recognized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cash Collateral</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Instruments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Received</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Swaps:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(in thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">54</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">December 31, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">262</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts Not Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities Presented</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Recognized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cash Collateral</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Instruments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Pledged</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Swaps:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(in thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">December 31, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The following is a summary of the cost, gross unrealized gains, gross unrealized losses and fair value of available for sale investments as of September 30, 2015, December 31, 2014 and September 30, 2014:</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 73%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,561</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,534</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,068</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,128</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,847</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,510</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,620</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,051</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79,139</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">32,282</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,926</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">108,495</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 73%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,637</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,305</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,962</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,398</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(37</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,579</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,030</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(28</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,581</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,178</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,733</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(65</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79,846</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 73%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gains</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="14" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,228</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">22,152</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,819</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,325</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 25%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,603</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,163</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,766</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 25%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,650</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,640</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">77,288</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Changes in net unrealized losses, net of taxes, for the three months ended September 30, 2015 and September 30, 2014 of ($6.7) million in losses and ($2.4) million in losses, respectively, have been included in other comprehensive income, a component of equity, at September 30, 2015 and September 30, 2014.&#160; Return of capital on available for sale securities was $0.3 million and $0.3 million for the three months ended September 30, 2015 and September 30, 2014, respectively.&#160; During the three months ended September 30, 2015, there were no proceeds from the sales of investments available for sale and no gross gains on the sale of investments available for sale.&#160; Proceeds from sales of investments available for sale were approximately $1.5 million for the three months ended September 30, 2014.&#160; For the three months ended September 30, 2014, gross gains on the sale of investments available for sale amounted to $0.3 million and were reclassified from other comprehensive income into net gain from investments in the condensed consolidated statements of income.&#160; There were no losses on the sale of investments available for sale for the three months ended September 30, 2015 or September 30, 2014.&#160; Changes in net unrealized losses, net of taxes, for the nine months ended September 30, 2015 and September 30, 2014 of $(7.4) million in losses and $(6.8) million in losses, respectively, have been included in other comprehensive income, a component of equity, at September 30, 2015 and September 30, 2014.&#160; Return of capital on available for sale securities was $0.6 million and $0.8 million for the nine months ended September 30, 2015 and September 30, 2014, respectively.&#160; Proceeds from sales of investments available for sale were approximately $1.1 million and $8.0 million for the nine months ended September 30, 2015 and September 30, 2014, respectively.&#160; For the nine months ended September 30, 2015 and September 30, 2014, gross gains on the sale of investments available for sale amounted to $30,000 and $3.5 million, respectively, and were reclassified from other comprehensive income into net gain from investments in the condensed consolidated statements of income.&#160; There were no losses on the sale of investments available for sale for the nine months ended September 30, 2015 or September 30, 2014.&#160; The basis on which the cost of a security sold is determined using specific identification.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Investments classified as available for sale that are in an unrealized loss position for which other-than-temporary impairment has not been recognized consisted of the following:</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 22%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unrealized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Losses</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 22%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">(in thousands)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Cosed-end funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,847</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37,690</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">812</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(37</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">77</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 22%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 5%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">303</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">224</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 5%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">303</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(28</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">275</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 5%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 22%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,840</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,926</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37,914</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,115</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(65</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,050</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 5%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">79</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">77</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">At September 30, 2015, there were four holdings in loss positions which were not deemed to be other-than-temporarily impaired due to the length of time that they had been in a loss position and because they passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.&#160;&#160;In these specific instances, the investments at September 30, 2015 were mutual funds and closed-end funds with diversified holdings across multiple companies and across multiple industries.&#160; One holding was impaired for two months, one holding was impaired for three months, one holding was impaired for seven months and one holding was impaired for eight months at September 30, 2015.&#160; The value of these holdings at September 30, 2015 was $37.9 million.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">At December 31, 2014, there were four holdings in loss positions which were not deemed to be other-than-temporarily impaired due to the length of time that they had been in a loss position and because they passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.&#160;&#160;In these specific instances, the investments at December 31, 2014 were mutual funds and closed-end funds with diversified holdings across multiple companies and across multiple industries.&#160; One holding was impaired for one month, one for three months and two for four months at December 31, 2014. The value of these holdings at December 31, 2014 was $1.1 million.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">At September 30, 2014, there was one holding in a&#160;loss position which was not deemed to be other-than-temporarily impaired due to the length of time that it had been in a loss position and because it passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.&#160;&#160;In this specific instance, the investment at September 30, 2014 was a closed-end fund with diversified holdings across multiple companies and across multiple industries.&#160; The one holding was impaired for one month at September 30, 2014.&#160; The value of this holding at September 30, 2014 was $0.1 million.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">For the three months ended September 30, 2015 there were $150,000 of losses on available for sale securities deemed to be other than temporary and a loss has been recorded in net gain from investments.&#160; There were no losses recognized on AFS securities for the three months ended September 30, 2014.&#160; For the nine months ended September 30, 2015 and September 30, 2014, there were $150,000 and $69,000, respectively, of losses on available for sale securities deemed to be other than temporary and a loss has been recorded in net gain from investments.</div><div>&#160;</div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Securities sold, not yet purchased at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Proceeds</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Proceeds</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Proceeds</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading securities:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,123</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,835</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11,699</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">Other investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">71</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,131</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,577</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,836</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,595</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11,770</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> 87200000 94200000 93200000 322877000 292329000 296589000 14462000 318244000 256282000 24897000 1092000 24701000 240728000 1587000 1018000 131258000 127627000 43316000 39731000 301371000 270301000 331441000 866430000 872669000 898760000 90786000 4421000 1434000 4840000 866031000 327000 310000 102377000 364000 759305000 802932000 4732000 6800000 106625000 108200000 110123000 120975000 123123000 113425000 12775000 13000000 100000000 100000000 112163000 11941000 106750000 12163000 100000000 6750000 111941000 0 112163000 106750000 0 111941000 0 0 0 0 106750000 112163000 0 0 111941000 0 126917000 254630000 259537000 254630000 126917000 259537000 39520000 115046000 39537000 709000 7801000 7807000 0 42514000 0 200443000 0 203280000 51293000 709000 0 8836000 118401000 0 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in securities at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr style="height: 17px;"><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading securities:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Government obligations</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,994</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,996</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,995</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,999</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">78,025</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">87,745</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">170,977</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">195,029</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">167,714</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">190,939</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,504</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,432</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,498</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,416</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,373</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Other investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">505</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">723</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">743</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,704</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">753</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,550</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total trading securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">81,034</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">91,648</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">193,146</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">219,227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">191,878</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">216,861</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Available for sale securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,561</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,637</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,228</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">627</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,174</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,368</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,389</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,188</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">35,269</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,318</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,310</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,909</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">37,769</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95,222</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">126,917</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">207,464</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">259,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">206,787</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">254,630</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> 0 0 600000 0 0 0 0 0 0 0 1666000 0 0 0 0 0 0.94 2635000 2739000 2734000 2593000 -41412000 200176000 122150000 23665000 63846000 14969000 80569000 0 80569000 0 23665000 0 0 0 0 0 0 0 0 14969000 63846000 0 0 23222000 -31403000 -3113000 -589000 -518000 -2718000 -21000 -98000 -142000 -22000 -35000 -156000 -301000 -53000 -213000 -30000 -37000 -79000 -298000 -2549000 -113000 -2791000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Recent Accounting Developments</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers," which supersedes the revenue recognition requirements in the Accounting Standards Codification ("Codification") Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the Codification.&#160; The core principle of the new ASU No. 2014-09 is for companies to recognize revenue from the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services.&#160; The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition.&#160; The ASU is effective for annual reporting periods beginning after December&#160;15, 2017, including interim periods and is to be retrospectively applied.&#160; Early adoption is not permitted.&#160; The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In June 2014, the FASB issued an accounting update clarifying that entities should treat performance targets that could be met after the requisite service period of a share-based payment award as performance conditions that affect vesting.&#160; Therefore, an entity would not record compensation expense (measured as of the grant date) for an award where transfer to the employee is contingent upon satisfaction of the performance target until it becomes probable that the performance target will be met.&#160; The guidance is effective for the Company beginning January 1, 2016.&#160; Early adoption is permitted.&#160; This guidance is not expected to have a material impact on the Company's consolidated financial statements.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In February 2015, the FASB issued an accounting update amending the consolidation requirements under GAAP.&#160; This guidance is effective for the Company beginning January 1, 2016.&#160; Early adoption is permitted.&#160; The Company is continuing to analyze the impact, if any, that this update may have on its consolidated financial statements.</div><div><br /></div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In May 2015, the FASB issued new guidance amending the current disclosure requirements for investments in certain entities that calculate net asset value per share.&#160; The guidance requires investments for which fair value is measured using the net asset value per share practical expedient be removed from the fair value hierarchy.&#160; Instead, those investment amounts shall be provided as a separate item to permit reconciliation of the fair value of investments included in the fair value hierarchy to the line items presented in the statement of financial condition.&#160; This new guidance will be effective for the Company's first quarter of 2016.&#160; The Company is currently evaluating the potential impact on its consolidated financial statements and related disclosures.</div><div><br /></div></div> -9989000 5025000 -3286000 -12500000 -2323000 6172000 20000 -18000 -120000 -19000 19000 -12093000 -186000 -7462000 -102000 9000 -3016000 -268000 -1186000 -177000 -63267000 996000 0 0 0 0 0 0 0 1036000 0 0 0 0 0 0 53607000 0 60350000 67272000 206009000 198005000 105090000 117622000 43586000 36196000 -54000 -27000 -12000 -33000 119080000 -3000 -46000 36254000 44093000 -55000 -22000 105311000 -1363000 -40000 -468000 -121000 -348000 0 -30000 -3511000 -6731000 -6847000 -7440000 -2452000 0 0 0 0 0 0 0 -7392000 0 0 -2371000 0 -7392000 0 -2371000 0 -69000 0 -150000 -150000 -22000 -35000 -15000 -45000 -15000 0 0 0 0 0 0 0 0 0 0 0 -22000 0 -1393000 -4341000 69000 0 150000 150000 41067000 25282000 20109000 19271000 17036000 5099000 5593000 -3932000 -1414000 -4356000 -4013000 -6696000 -2407000 -6832000 -7418000 46790000 49074000 43409000 0 -62000 0 1666000 602000 21530000 25074000 4567000 5252000 6252000 43030000 0 0 0.001 0.001 0.001 10000000 10000000 10000000 53607000 1036000 1637000 1169000 0 0 8018000 1064000 1500000 0 77851000 20552000 14451000 63257000 -156000 -22000 -2791000 23586000 -30000 -37000 -142000 -21000 -35000 14916000 -2549000 -298000 -213000 80456000 63748000 -301000 76079000 52918000 79885000 0 31388000 623000 0 51155000 0 25000 25000 24301000 1933000 48191000 306000 0 50960000 0 0 0 0 0 0 0 4461000 0 4461000 0 0 0 25000 25000 0 0 582357000 661415000 602950000 323631000 110858000 303095000 96546000 -21000 111073000 -208000 324287000 -2000 -2000 -633000 0 96558000 303139000 0 -26000 -14000 96546000 -10000 110858000 323631000 -4000 -7000 303095000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The following tables present information about the Company's&#160;assets and liabilities by major categories measured at fair value on a recurring basis as of September 30, 2015, December 31, 2014 and September 30, 2014 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2015 (in thousands)</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Quoted Prices in Active</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance as of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Markets for Identical</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Observable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unobservable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets (Level 1)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 2)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 3)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash equivalents</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">425,392</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">425,392</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,319</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,319</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">34,095</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,174</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,174</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">86,970</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">87,745</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">263</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">317</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">723</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">125,682</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">126,917</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">115,046</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">115,046</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">240,728</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,462</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">256,282</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets at fair value</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666,120</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,462</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,092</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">681,674</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,577</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014 (in thousands)</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Quoted Prices in Active</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance as of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Markets for Identical</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Observable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unobservable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets (Level 1)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 2)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 3)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash equivalents</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">297,971</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">297,971</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38,942</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,368</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,368</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Gov't obligations</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,996</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">18,996</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">193,735</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,293</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">195,029</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,498</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,498</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">513</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">897</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,704</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">257,052</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">898</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">259,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,213</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,213</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">296,589</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,701</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">322,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets at fair value</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">594,560</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,701</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,587</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">620,848</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9,960</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">10,595</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2014 (in thousands)</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Quoted Prices in Active</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant Other</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Significant</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance as of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Markets for Identical</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Observable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Unobservable</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets (Level 1)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 2)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Inputs (Level 3)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash equivalents</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">358,210</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">358,210</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,094</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,094</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,380</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,389</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,389</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Gov't obligations</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,999</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">20,999</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">190,215</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">724</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">190,939</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,373</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,373</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">453</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,550</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">252,809</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">803</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">254,630</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="4" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies:</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Closed-end Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">AFS - Mutual Funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,377</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,377</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,520</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,520</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">292,329</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,897</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">318,244</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets at fair value</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">650,539</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,897</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">676,454</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Common stocks</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 40%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Trading - Other</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 40%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,514</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,180</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font>computations of basic and diluted net income per share are as follows:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Three Months Ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Nine Months Ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">(in thousands, except per share amounts)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Basic:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO Investors, Inc.'s shareholders</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,969</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,665</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,846</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">80,569</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Weighted average shares outstanding</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,947</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,296</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,047</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,385</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Basic net income attributable to GAMCO Investors, Inc.'s</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">shareholders per share</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.60</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.94</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.55</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.17</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Diluted:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO Investors, Inc.'s shareholders</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,969</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,665</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,846</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">80,569</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Weighted average share outstanding</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24,947</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,296</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,047</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,385</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Dilutive stock options and restricted stock awards</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">294</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">221</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">290</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">210</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,241</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,517</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,337</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">25,595</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Diluted net income attributable to GAMCO Investors, Inc.'s</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -8.85pt;">shareholders per share</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.59</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.93</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.52</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.15</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">Dividends</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">&#160;</div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 71%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-left: 20%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; font-weight: bold; text-align: center; background-color: #cceeff;"><div>&#160;Payment</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Record</div></td><td rowspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">&#160;</div></td><td nowrap="nowrap" rowspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; padding-left: 20%; background-color: #ffffff;"></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; text-align: center; background-color: #ffffff;">&#160;Date</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Date</div></td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amount</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended March 31, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 31, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 17, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.07</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended June 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 16, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.07</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 29, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 15, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.07</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Nine months ended September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #cceeff;">&#160;&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.21</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended March 31, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 25, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 11, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.06</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended June 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 24, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 10, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.06</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 16, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.06</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Nine months ended September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #ffffff;">&#160;&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.18</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Debt consists of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Carrying</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Carrying</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Carrying</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Level 2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">(In thousands)</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">5.875% Senior notes</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">106,625</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">110,123</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">100,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">108,200</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">0% Subordinated debentures</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,750</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12,163</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">13,000</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11,941</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12,775</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">106,750</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">113,425</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">112,163</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">123,123</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">111,941</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">120,975</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Asset Derivatives Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liability Derivatives Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; padding-left: 17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance Sheet Location</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Balance Sheet Location</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 9pt; text-indent: -9pt;">Derivatives designated as hedging instruments under </div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;&#160;&#160; <font style="font-weight: bold;">FASB ASC 815-20</font>&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Foreign exchange contracts</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Receivable from brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Payable to brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,354</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Sub total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,354</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="5" valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left; margin-left: 9pt; text-indent: -9pt;">Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #ffffff;">Investments in&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #ffffff;">Securities sold,&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Equity contracts</div></td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">securities</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">&#160;not yet purchased</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">95</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">635</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">666</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Foreign exchange contracts</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Receivable from brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Payable to brokers</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,172</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,470</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,343</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Sub total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 9.33%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,267</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,105</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,009</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Total derivatives</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 9.33%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,621</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6,105</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,009</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The assets of these VIEs may only be used to satisfy obligations of the VIEs.&#160; The following table presents the balances related to the VIEs that are consolidated and are included on the condensed consolidated statements of financial condition as well as GAMCO's net interest in the VIEs.&#160; There are two VIEs consolidated at&#160; September 30, 2015 and one VIE consolidated at December 31, 2014 and September 30, 2014:</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 78%;"><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2015</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">December 31, 2014</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">(In thousands)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160;&#160; 13</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160; -</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160; 1</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">709</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">5,116</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">&#160;13,434</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">&#160;13,618</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">25</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">3</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Payable to brokers</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(62)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(206)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(27)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(15)</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(615)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(794)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(962)</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">GAMCO's net interests in consolidated VIE</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 4,956</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 12,628</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 12,642</div></td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; text-indent: 18pt;">Type of Derivative</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Income Statement Location</div></td><td colspan="7" valign="bottom" style="vertical-align: bottom; font-weight: bold; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">Three Months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td colspan="7" valign="bottom" style="vertical-align: bottom; font-weight: bold; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">Nine Months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;</div></td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Foreign exchange contracts</div></td><td valign="bottom" style="vertical-align: bottom; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,985</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">482</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,885</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">541</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Equity contracts</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">27</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">758</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">199</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">591</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 9pt; text-indent: -9pt;">Total</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,012</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,240</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,084</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,132</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table></div> 2100 83500 73000 87.99 81.99 73.41 639750 710750 688550 6819000 5182000 1785000 2275000 1700000 130650 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">A.&#160;&#160;Significant Accounting Policies</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Basis of Presentation</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Unless we have indicated otherwise, or the context otherwise requires, references in this report to "GAMCO Investors, Inc.," "GAMCO," "the Company," "GBL," "we," "us" and "our" or similar terms are to GAMCO Investors, Inc., its predecessors and its subsidiaries.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The unaudited interim condensed consolidated financial statements of GAMCO&#160;included herein have been prepared in conformity with generally accepted accounting principles ("GAAP") in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by U.S. GAAP in the United States for complete financial statements.&#160;&#160;In the opinion of management, the unaudited interim condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of financial position, results of operations and cash flows of GAMCO for the interim periods presented and are not necessarily indicative of a full year's results.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The interim condensed consolidated financial statements include the accounts of GAMCO and its subsidiaries.&#160;&#160;Intercompany accounts and transactions are eliminated.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">These interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 from which the accompanying condensed consolidated financial statements were derived.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Use of Estimates</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported on the interim condensed consolidated financial statements and accompanying notes.&#160;&#160;Actual results could differ from those estimates.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Recent Accounting Developments</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers," which supersedes the revenue recognition requirements in the Accounting Standards Codification ("Codification") Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the Codification.&#160; The core principle of the new ASU No. 2014-09 is for companies to recognize revenue from the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services.&#160; The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition.&#160; The ASU is effective for annual reporting periods beginning after December&#160;15, 2017, including interim periods and is to be retrospectively applied.&#160; Early adoption is not permitted.&#160; The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In June 2014, the FASB issued an accounting update clarifying that entities should treat performance targets that could be met after the requisite service period of a share-based payment award as performance conditions that affect vesting.&#160; Therefore, an entity would not record compensation expense (measured as of the grant date) for an award where transfer to the employee is contingent upon satisfaction of the performance target until it becomes probable that the performance target will be met.&#160; The guidance is effective for the Company beginning January 1, 2016.&#160; Early adoption is permitted.&#160; This guidance is not expected to have a material impact on the Company's consolidated financial statements.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In February 2015, the FASB issued an accounting update amending the consolidation requirements under GAAP.&#160; This guidance is effective for the Company beginning January 1, 2016.&#160; Early adoption is permitted.&#160; The Company is continuing to analyze the impact, if any, that this update may have on its consolidated financial statements.</div><div><br /></div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In May 2015, the FASB issued new guidance amending the current disclosure requirements for investments in certain entities that calculate net asset value per share.&#160; The guidance requires investments for which fair value is measured using the net asset value per share practical expedient be removed from the fair value hierarchy.&#160; Instead, those investment amounts shall be provided as a separate item to permit reconciliation of the fair value of investments included in the fair value hierarchy to the line items presented in the statement of financial condition.&#160; This new guidance will be effective for the Company's first quarter of 2016.&#160; The Company is currently evaluating the potential impact on its consolidated financial statements and related disclosures.</div><div><br /></div></div> 0 0 0 1986000 1986000 1269000 0 0 0 1269000 0 0 0 0 0 0 0 40000 26000 0 500000 91740 687295 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">H. Stockholders' Equity</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">Shares outstanding were 25.5 million, 25.9 million and 25.9 million on September 30, 2015, December 31, 2014 and September 30, 2014, respectively.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">Dividends</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">&#160;</div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 71%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-left: 20%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; font-weight: bold; text-align: center; background-color: #cceeff;"><div>&#160;Payment</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Record</div></td><td rowspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">&#160;</div></td><td nowrap="nowrap" rowspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; padding-left: 20%; background-color: #ffffff;"></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; text-align: center; background-color: #ffffff;">&#160;Date</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Date</div></td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amount</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended March 31, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 31, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 17, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.07</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended June 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 16, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.07</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 29, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 15, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.07</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Nine months ended September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #cceeff;">&#160;&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.21</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended March 31, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 25, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">March 11, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.06</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended June 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 24, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">June 10, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.06</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 29%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Three months ended September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: right;">September 16, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.06</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Nine months ended September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 15%; background-color: #ffffff;">&#160;&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.18</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Voting Rights</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The holders of Class A Common stock ("Class A Stock") and Class B Common stock ("Class B Stock") have identical rights except that (i) holders of Class A Stock are entitled to one vote per share, while holders of Class B Stock are entitled to ten votes per share on all matters to be voted on by shareholders in general, and (ii) holders of Class A Stock are not eligible to vote on matters relating exclusively to Class B Stock and vice versa.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">Stock Award and Incentive Plan</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company maintains two Plans approved by the shareholders, which are designed to provide incentives which will attract and retain individuals key to the success of GBL through direct or indirect ownership of our common stock.&#160;&#160;Benefits under the Plans may be granted in any one or a combination of stock options, stock appreciation rights, restricted stock, restricted stock units, stock awards, dividend equivalents and other stock or cash based awards.&#160;&#160;A maximum of 3.5 million shares of Class A Stock have been reserved for issuance under the Plans by a committee of the Board of Directors responsible for administering the Plans ("Compensation Committee").&#160;&#160;Under the Plans, the committee may grant RSAs and either incentive or nonqualified stock options with a term not to exceed ten years from the grant date and at an exercise price that the committee may determine.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">On December 23, 2014, September 15, 2014 and January 9, 2014, the Company approved the granting of 73,000 RSA shares, 83,500 RSA shares and 2,100 RSA shares, respectively, at a grant date fair value of $87.99 per share, $73.41 per share and $81.99 per share, respectively.&#160; As of September 30, 2015, December 31, 2014 and September 30, 2014, there were 688,550 RSA shares, 710,750 RSA shares and 639,750 RSA shares outstanding, respectively, that were previously&#160;issued at an average weighted grant price of $67.34, $67.45 and $65.12, respectively.&#160; All grants of the RSA shares were recommended by the Company's Chairman, who did not receive a RSA, and approved by the Compensation Committee.&#160; This expense, net of estimated forfeitures, is recognized over the vesting period for these awards which is either (1) 30% over three years from the date of grant and 70% over&#160;five years from the date of grant or (2) 30% over three years from the date of grant and 10% each year over&#160;years four through ten from the date of grant.&#160; During the vesting period, dividends to RSA holders are held for them until the RSA vesting dates and are forfeited if the grantee is no longer employed by the Company on the vesting dates.&#160; Dividends declared on these RSAs, less estimated forfeitures, are charged to retained earnings on the declaration date.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">For the three months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $2.3 million and $1.8 million, respectively.&#160; For the nine months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $6.8 million and $5.2 million, respectively.&#160; Actual and projected stock-based compensation expense for RSA shares and options&#160;for the years ended December 31, 2015 through December 31, 2024 (based on awards currently issued or granted) is as follows (in thousands):</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 62%;"><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2016</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2017</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2019</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,700</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,277</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">770</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">612</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,697</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,267</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">748</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">612</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,785</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,275</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,327</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,013</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">669</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">547</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q4</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,017</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,981</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,150</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">883</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">613</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">501</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Full Year</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,199</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,839</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,182</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,272</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2020</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2021</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2022</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2023</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2024</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">350</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">146</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">76</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">319</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">146</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">76</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">264</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">179</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">104</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q4</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">145</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">76</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Full Year</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,160</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">778</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">472</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">201</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">33</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The total compensation cost related to non-vested options not yet recognized is approximately $25.7 million as of September 30, 2015.&#160; There were no options exercised for the three months ended September 30, 2015 or September 30, 2014.&#160; For the nine months ended September 30, 2015 and September 30, 2014, proceeds from the exercise of 26,000 stock options and 40,000 stock options, respectively, were $1.2 million and $1.6 million, respectively, resulting in a tax benefit to GAMCO of $0.1 million and $0.3 million, respectively.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: justify;">Stock Repurchase Program</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">In March 1999, GAMCO's Board of Directors established the Stock Repurchase Program to grant management the authority to repurchase shares of our Class A Common Stock.&#160;&#160;On August 4, 2015, our Board of Directors authorized an incremental 500,000 shares to be added to the current buyback authorization.&#160; For the three months ended September 30, 2015 and September 30, 2014, the Company repurchased 172,007 shares and 94,942 shares, respectively, at an average price per share of $61.11 and $77.67, respectively.&#160; For the nine months ended September 30, 2015 and September 30, 2014, the Company repurchased 321,488 shares and 319,662 shares, respectively, at an average price per share of $66.96 and $78.43, respectively.&#160; From the inception of the program through September 30, 2015, 9,447,513 shares have been repurchased at an average price of $44.70 per share.&#160;&#160;At September 30, 2015, the total shares available under the program to be repurchased in the future were 687,295.</div><div><br /></div></div> 511233000 565280000 527795000 33000 30239000 291681000 -361878000 602950000 282496000 506441000 25014000 -394617000 33000 6751000 2851000 68334000 460182000 2734000 -416147000 2739000 2635000 6020000 17575000 661415000 33000 289664000 -386952000 33000 582357000 56086000 23392000 299769000 0 527795000 0 0 0 511233000 0 0 0 0 0 565280000 508494000 525061000 562645000 11941000 12163000 6750000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">K. Subsequent Events</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">From October 1, 2015 to November 4, 2015, the Company repurchased 91,740 shares at $57.53 per share.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">On October 12, 2015, the Board of Directors accelerated the lapse of restrictions on the November 2013 grant of restricted stock awards ("RSAs") effective on October 19, 2015. There were 130,650 RSAs outstanding relating to this grant. As a result of the acceleration, GAMCO will incur a fourth quarter non-cash charge of $5.7 million or $0.13 per diluted share (after management fee and tax benefit).&#160; 557,900 RSAs will still remain outstanding after the acceleration of the November 2013 grant.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">On October 13, 2015 GAMCO announced that it had again adopted a Shareholder Designated Charitable Contribution program for all registered Class A and Class B shareholders. Based on the approximately 21 million shares currently registered in shareholders' names, the total contribution GAMCO is expected to make will be $5.3 million. If all shares outstanding are registered in their shareholders' name at the record date, the total contribution would increase to $6.4 million.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">On November 2, 2015, GAMCO announced that its Board of Directors had approved the spin-off of Associated Capital Group, Inc. (&#8220;AC&#8221;), which will include GAMCO&#8217;s alternative investment management business, its institutional research services business and financial assets.&#160; The distribution is expected to occur at 11:59 p.m. on November 30, 2015 with GAMCO shareholders receiving one share of Associated Capital Group class A common stock for each share of GAMCO class A common stock held on November 12, 2015, the record date, and one share of Associated Capital Group class B common stock for each share of GAMCO class B common stock held on the record date.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">On November 4, 2015, the Board of Directors&#160;declared its regular quarterly dividend of $0.07 per share to all of its shareholders, payable on December 29, 2015 to shareholders of record on December 15, 2015.</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">GAMCO has received a commitment from a related party whereby it will provide to GAMCO a single purpose $100 million line of credit to be drawn upon only to prepay any or all of the outstanding 5.875% Senior Notes (due June 1, 2021).&#160; This line of credit will be available for drawdown during a 90 day period to commence on a date to be determined.</div><div><br /></div></div> 56086000 6018000 68334000 1139000 -615000 4399000 77000 4802000 303000 279000 -794000 -962000 63632000 0 4661000 0 0 51146000 0 0 0 95000 666000 95000 666000 0 635000 0 635000 0 1704000 219227000 3373000 190939000 216861000 18996000 3498000 0 723000 20999000 91648000 195029000 3180000 1550000 87745000 1000 1000 41820000 1000 1000 41820000 143000 294000 453000 263000 723000 1550000 317000 294000 803000 1704000 513000 897000 -9086000 -11467000 7468000 -614000 753000 18994000 81034000 170977000 167714000 20995000 743000 505000 193146000 2432000 2416000 2504000 191878000 78025000 0 40097000 1000 40097000 1000 1000 1000 319662 94942 172007 321488 9447513 8725221 8630451 9046709 0 0 25074000 0 0 0 0 21530000 21530000 0 25074000 0 0 0 0 0 61.11 78.43 77.67 66.96 44.70 57.53 394617000 416147000 386952000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic; text-align: left;">Use of Estimates</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported on the interim condensed consolidated financial statements and accompanying notes.&#160;&#160;Actual results could differ from those estimates.</div><div><br /></div></div> 12628000 4956000 12642000 10600000 9600000 8600000 25385000 24947000 25047000 25296000 25337000 25595000 25517000 25241000 P8M P4M 40537000 79000 79000 303000 303000 812000 40840000 1115000 0 6131000 1000 8000 71000 11699000 11770000 9835000 9836000 6123000 3800000 170000 2300000 80000 0 3639000 45000 -40000 -105000 348000 7081000 -25000 -66000 4461000 219000 -89000 -657000 -634000 -634000 -657000 -89000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">Investments in sponsored registered investment companies at September 30, 2015, December 31,2014 and September 30, 2014 consisted of the following:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">December 31, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="6" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">September 30, 2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cost</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Fair Value</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(In thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Trading securities:</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,097</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total trading securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">40,097</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">41,820</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Available for sale securities:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Closed-end funds</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">63,068</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">70,349</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,962</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,323</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">21,819</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">36,142</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 17.85pt; text-indent: -9pt;">Mutual funds</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,883</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,877</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,898</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,213</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,922</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,377</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total available for sale securities</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">64,951</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">73,226</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,860</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,536</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,741</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,519</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 28%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total investments in sponsored</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 28%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">&#160;&#160;&#160;registered investment companies</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">105,048</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">115,046</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,861</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,537</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23,742</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39,520</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">The Company is a party to enforceable master netting arrangements for swaps entered into as part of the investment strategy of the Company's proprietary portfolio.&#160; They are typically not used as hedging instruments.&#160; These swaps, while settled on a net basis with the counterparties, major U.S. financial institutions, are shown gross in assets and liabilities on the condensed consolidated statements of financial condition.&#160; The swaps have a firm contract end date and are closed out and settled when each contract expires.&#160;</div><div><br /></div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts Not Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; padding-bottom: 2px; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; padding-bottom: 2px; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; padding-bottom: 2px; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets Presented</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Recognized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cash Collateral</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Assets</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Instruments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Received</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Swaps:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(in thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">54</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">December 31, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">896</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">262</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts Not Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 15%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="10" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Gross Amounts</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amounts of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Offset in the</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities Presented</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Recognized</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements of</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Cash Collateral</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; padding-bottom: 2px; width: 16%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Liabilities</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Financial Condition</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Instruments</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Pledged</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: top; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Net Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: left;">Swaps:</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td colspan="22" valign="bottom" style="vertical-align: top; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: center;">(in thousands)</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2015</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(89</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">December 31, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(634</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: top; width: 16%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">September 30, 2014</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(657</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">The following table identifies all reclassifications out of accumulated other comprehensive income ("AOCI") into income for the three and nine months ended September 30, 2015 and 2014 (in thousands):</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Affected Line Items</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reason for</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassified</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassification</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Of&#160;Income</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Three months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;</div></td></tr><tr><td colspan="3" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;">&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">348</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on sale of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">45</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Other operating expenses/net gain from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on donation of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(150</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;OTT impairment of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(105</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">348</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income before income taxes</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(129</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income tax provision</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(66</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">219</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net income</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;&#160;&#160;&#160;&#160;&#160;</td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Amount</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Affected Line Items</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reason for</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassified</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">in the Statements</div></td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Reclassification</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Of Income</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">from AOCI</div></td></tr><tr><td colspan="7" valign="bottom" style="vertical-align: bottom; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Nine months ended September 30,</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; background-color: #ffffff;">&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;">&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">30</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,511</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on sale of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">80</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,639</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Other operating expenses/net gain from investments</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Realized gain on donation of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(150</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(69</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net gain/(loss) from investments</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;OTT impairment of AFS securities</div></td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(40</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,081</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income before income taxes</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">15</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2,620</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Income tax provision</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 38%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(25</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">)</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,461</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;Net income</div></td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 38%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #ffffff;">&#160;&#160;&#160;&#160;&#160;&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;</div></td><td valign="bottom" style="vertical-align: bottom; width: 38%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;">&#160;&#160;&#160;&#160;&#160;&#160;</div></td></tr></table><div><br /></div></div> 0.1 104000 76000 146000 472000 146000 2272000 501000 612000 612000 547000 770000 613000 669000 2800000 748000 11000 201000 38000 76000 76000 778000 179000 227000 227000 145000 350000 264000 227000 319000 1160000 33000 12000 9000 0 12000 4182000 1143000 1013000 883000 1143000 P3Y P3Y P3Y 0.7 0.70 0.3 0.30 0.3 P10Y P5Y P5Y 14800000 2277000 2275000 7981000 2267000 1681000 1150000 1681000 1327000 5839000 1785000 7199000 1697000 2017000 10 1 2 67.45 65.12 67.34 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">The following table includes the net impact by line item on the condensed consolidated statements of financial condition for each category of entity consolidated (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 68.32%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 425,549</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 2</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 52</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 13</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 425,616</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">118,401</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,807</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">709</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">126,917</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in sponsored investment companies</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">115,046</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">115,046</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">105,097</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,817</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(8,504)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(385)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">101,025</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">50,960</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1,933</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">25</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">52,918</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investment advisory fees receivable</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">28,615</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">5</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">28,629</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">22,363</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">16</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">137</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">22,518</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,031</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,840</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 1,434</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 364</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 872,669</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 5,231</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 140</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 206</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 5,577</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">188,770</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">155</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">81</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">189,044</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total debt</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">106,750</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">106,750</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,802</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1,139</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">77</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,018</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">565,280</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">565,280</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,031</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,840</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 1,434</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 364</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 872,669</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 68.32%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">December 31, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">Assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 298,149</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; (11)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 86</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 298,224</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">200,443</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,801</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">51,293</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">259,537</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in sponsored investment companies</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,537</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,537</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">111,380</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,438</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(8,181)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">107,637</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24,301</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">623</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">51,155</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">76,079</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investment advisory fees receivable</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">42,102</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(6)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(222)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">41,872</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">43,393</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">151</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">43,544</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 759,305</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,421</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 327</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 102,377</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,430</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 9,991</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 604</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 10,595</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">109,356</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">22</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,141</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">147,543</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total debt</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">112,163</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">112,163</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,399</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">303</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">63,632</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">68,334</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">527,795</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">527,795</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 759,305</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,421</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 327</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 102,377</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,430</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 68.32%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 358,316</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 7</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 98</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 358,421</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">203,280</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">8,836</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">42,514</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">254,630</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in sponsored investment companies</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,520</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,520</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">110,679</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,684</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(7,929)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">107,434</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31,388</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">306</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">48,191</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">79,885</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investment advisory fees receivable</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31,221</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">17</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(82)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31,155</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">28,528</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1,000)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">163</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">27,715</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 802,932</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,732</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 310</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 90,786</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 898,760</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 13,549</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 631</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 14,180</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">166,209</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">71</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,009</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">205,320</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total debt</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">111,941</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">111,941</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,661</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">279</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">51,146</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">56,086</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">511,233</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">511,233</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 802,932</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,732</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 310</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 90,786</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160; </font>898,760</div></td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">The following table includes the net impact by line item on the condensed consolidated statements of income for each category of entity consolidated (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 65.24%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Three Months Ended September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 96,558</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (10)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (2)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 96,546</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">60,304</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">23</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">3</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">60,350</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,254</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(33)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,196</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income/(expense), net</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12,093)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(268)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(120)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(19)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12,500)</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24,161</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(301)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(142)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">23,696</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9,245</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9,245</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">14,916</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(301)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(142)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">14,451</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net loss attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(53)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(301)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(142)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(518)</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 14,969</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 14,969</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 67.79%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Three Months Ended September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 111,073</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (7)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (208)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 110,858</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">66,980</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">12</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">260</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">67,272</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">44,093</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(27)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(468)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">43,586</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income, net</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(7,462)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(186)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(18)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,323)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(9,989)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,631</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(213)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(30)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,791)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">33,597</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">13,045</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">13,045</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">23,586</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(213)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(30)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,791)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20,552</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(79)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(213)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(30)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,791)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3,113)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 23,665</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 23,665</div></td></tr></table><div><br /></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 67.79%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Nine Months Ended September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 303,139</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (26)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (4)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (14)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 303,095</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">197,828</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">95</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">50</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">32</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">198,005</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">105,311</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(121)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(54)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(46)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">105,090</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income/(expense), net</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3,016)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(177)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(102)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3,286)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">102,295</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(298)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(156)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(37)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">101,804</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,547</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,547</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">63,748</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(298)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(156)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(37)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">63,257</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net loss attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(98)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(298)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(156)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(37)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(589)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 63,846</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 63,846</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 67.79%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Nine Months Ended September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 324,287</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (2)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (633)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 323,631</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">205,207</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">730</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">206,009</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">119,080</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(55)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(40)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1,363)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">117,622</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income, net</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,172</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">19</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1,186)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">5,025</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">125,252</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(35)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,549)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">122,647</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">44,796</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">44,796</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">80,456</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(35)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,549)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">77,851</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income/(loss) attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(113)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(35)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,549)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,718)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 80,569</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 80,569</div></td></tr></table></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The following table highlights the number of entities, including voting interest entities ("VOEs"), that we consolidate as well as under which accounting guidance they are consolidated, including CFFs, which retain their specialized investment company accounting in consolidation, partnerships and offshore funds.</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">Entities consolidated</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 14.2%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 13.07%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 14.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 13.07%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at December 31, 2013</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Additional consolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; padding-bottom: 2px; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Deconsolidated entities</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at September 30, 2014</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Additional consolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr style="height: 15px;"><td style="vertical-align: bottom; padding-bottom: 2px; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Deconsolidated entities</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at December 31, 2014</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Additional consolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Deconsolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1)</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1)</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2)</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at September 30, 2015</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr></table><div><br /></div></div> <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The following table breaks down the investments in partnerships line by accounting method, either fair value or equity method, and investment type (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td colspan="11" style="vertical-align: bottom; width: 83.64%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="11" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 83.64%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Investment Type</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="5" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 40.37%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Affiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td colspan="3" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 25.95%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Unaffiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Accounting method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;Feeder Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Fair Value</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 14,317</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 14,317</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Equity Method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,318</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,286</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">86,708</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Total</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 14,317</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 38,318</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,286</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 7,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160; 101,025</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td colspan="11" style="vertical-align: bottom; width: 83.64%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">December 31, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="11" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 83.64%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Investment Type</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="5" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 40.37%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Affiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td colspan="3" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 25.95%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Unaffiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Accounting method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;Feeder Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Fair Value</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 23,803</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 23,803</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Equity Method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,385</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,033</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,864</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">83,834</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Total</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 23,803</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,385</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 36,033</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,864</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 107,637</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr style="height: 12px;"><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td colspan="11" style="vertical-align: bottom; width: 83.77%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="11" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 83.77%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Investment Type</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="5" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 40.03%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Affiliated</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td colspan="3" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 25.73%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Unaffiliated</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 12.26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidated</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 12.26%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Accounting method</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;Feeder Funds</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 12.26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 12.26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Fair Value</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 24,094</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 12.26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 24,094</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Equity Method</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,967</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,185</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,611</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,577</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 12.26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">83,340</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 12.26%; background-color: #cceeff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Total</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 24,094</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,967</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,185</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,611</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 7,577</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 12.26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 107,434</div></td></tr></table><div><br /></div></div> 1000 310000 10000 84000 6200000 700000 100000 1600 1.01 500000000 500000000 62242 16 7165 1032 3.20 100 1 P10Y P5Y 557900 0.13 5700000 6400000 5300000 21000000 2620000 -15000 -39000 129000 13100000 6900000 13100000 0 0 0 0 0 0 0 0 0 0 0 0 18996000 0 0 0 0 20999000 0 20999000 0 0 18996000 0 0 39520000 0 0 0 39520000 0 115046000 115046000 0 39537000 39537000 13514000 0 0 5482000 5482000 0 0 0 13514000 0 9960000 9960000 70349000 36142000 36323000 70349000 0 0 0 0 36323000 0 36142000 0 2877000 3377000 0 0 0 3213000 0 0 0 2877000 3377000 3213000 41820000 1000 0 1000 0 0 0 1000 0 1000 0 41820000 1174000 0 1174000 0 0 0 0 0 1389000 1368000 1368000 1389000 1000 87745000 193735000 724000 0 190215000 86970000 0 195029000 1293000 190939000 775000 95222000 207464000 206787000 23742000 23861000 105048000 257052000 1587000 259537000 126917000 1018000 898000 125682000 252809000 803000 1092000 254630000 143000 0 38942000 0 34095000 36380000 0 38942000 0 0 34095000 0 36380000 3373000 3180000 0 0 3498000 3180000 0 3373000 0 3498000 0 0 0 0 63256000 0 0 0 0 0 0 0 0 0 0 0 0 996000 63846000 0 0 0 -2606000 0 0 80569000 63747000 80457000 0 0 0 -490000 -112000 -99000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: justify;">For the three months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $2.3 million and $1.8 million, respectively.&#160; For the nine months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $6.8 million and $5.2 million, respectively.&#160; Actual and projected stock-based compensation expense for RSA shares and options&#160;for the years ended December 31, 2015 through December 31, 2024 (based on awards currently issued or granted) is as follows (in thousands):</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 62%;"><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; text-align: left;"></div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2014</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2015</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2016</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2017</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2018</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td colspan="2" valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">2019</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,700</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,277</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">770</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">612</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,697</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,267</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,681</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,143</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">748</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">612</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,785</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,275</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,327</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,013</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">669</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">547</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q4</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,017</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,981</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,150</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">883</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">613</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">501</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Full Year</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7,199</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">14,800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5,839</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4,182</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,800</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,272</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2020</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2021</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2022</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2023</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2024</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q1</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">350</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">146</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">76</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q2</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">319</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">146</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">76</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">12</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q3</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">264</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">179</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">104</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">38</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">9</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Q4</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">227</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">145</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">76</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">11</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 2px solid; text-align: right; width: 6%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">-</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr><tr><td colspan="2" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center;">Full Year</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1,160</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">778</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">472</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">201</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: left; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$</div></td><td valign="bottom" style="vertical-align: bottom; border-bottom: #000000 4px double; text-align: right; width: 6%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">33</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: right; width: 6%; background-color: #cceeff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 4px; text-align: left; width: 1%; background-color: #cceeff;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td><td valign="bottom" style="vertical-align: bottom; text-align: right; width: 6%; background-color: #ffffff;">&#160;</td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; text-align: left; width: 1%; background-color: #ffffff;">&#160;</td></tr></table><div><br /></div></div> 43393000 0 151000 24000 0 137000 22363000 22518000 0 3000 16000 163000 28528000 2000 43544000 0 27715000 -1000000 155000 38000 81000 71000 24000 147543000 166209000 22000 109356000 38141000 189044000 188770000 -15000 31000 -12000 -27000 205320000 39009000 986000 -63280000 0 10000 13000 0 69000 150000 -6224000 -715000 -15170000 -15698000 -4828000 -22800000 -68000 1988000 51000 45000 104000 1502000 -554000 -827000 -266000 -302000 13628000 2682000 11360000 3756000 46367000 12301000 39402000 15727000 0 0 0 1 0 1 0 1 0 1 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 -1 0 0 0 0 -1 0 0 -2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 2 4 1 0 0 2 2 1 4 1 1 1 0 4 1 1 2 1 1 4 2 0 0 0 0 1 1 2 13800000 13400000 14200000 65800000 71600000 59800000 38000 43000 44000 <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">D. Investments in Partnerships, Offshore Funds and Variable Interest Entities ("VIEs")</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The Company is general partner or co-general partner of various affiliated entities in which the Company has investments totaling $87.2 million, $94.2 million and $93.2 million at September 30, 2015, December 31, 2014 and September 30, 2014, respectively, and whose underlying assets consist primarily of marketable securities (the "affiliated entities"). We also have investments in unaffiliated entities of $13.8 million, $13.4 million and $14.2 million at September 30, 2015, December 31, 2014 and September 30, 2014, respectively (the "unaffiliated entities").&#160; On a quarterly basis, we evaluate each entity for the appropriate accounting treatment and disclosure.&#160; Certain of the affiliated entities, and none of the unaffiliated entities, are consolidated.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">For those entities where consolidation is not deemed to be appropriate, we report them in our condensed consolidated statement of financial condition under the caption "Investments in partnerships".&#160; This caption includes those investments, in both affiliated and unaffiliated entities,&#160;which the Company accounts for under the equity method of accounting, as well as certain investments that the feeder funds hold that are carried at fair value, as described in Note C.&#160; The Company reflects the equity in earnings of these equity method investees and the change in fair value of the consolidated feeder funds ("CFFs") under the caption Net gain/(loss) from investments on the condensed consolidated statements of income.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The following table highlights the number of entities, including voting interest entities ("VOEs"), that we consolidate as well as under which accounting guidance they are consolidated, including CFFs, which retain their specialized investment company accounting in consolidation, partnerships and offshore funds.</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">Entities consolidated</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 14.2%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 13.07%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 14.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="2" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 13.07%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VIEs</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">VOEs</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at December 31, 2013</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Additional consolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; padding-bottom: 2px; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Deconsolidated entities</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at September 30, 2014</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Additional consolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr style="height: 15px;"><td style="vertical-align: bottom; padding-bottom: 2px; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Deconsolidated entities</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; padding-bottom: 2px; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at December 31, 2014</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Additional consolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Deconsolidated entities</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.34%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.85%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1)</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.17%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.3%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 7.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1)</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 6.99%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2)</div></td></tr><tr><td style="vertical-align: bottom; width: 35.87%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Entities consolidated at September 30, 2015</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 7.34%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.85%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 1.4%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.17%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 7.3%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 7.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.48%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 6.99%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4</div></td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">At and for the nine months ended September 30, 2015, the one CFF VIE is consolidated, as the Company has been determined to be the primary beneficiary because it has an equity interest and absorbs the majority of the expected losses and/or expected gains.&#160; At and for the nine months ended September 30, 2015, the one CFF VOE and one Partnership VOE are consolidated because the unaffiliated partners or shareholders lack substantive kick-out rights, and the Company, as either the general partner or investment manager, is deemed to have control.&#160; During the three months ended June 30, 2015, it was determined that an additional Partnership VOE should be consolidated when the Partnership was created on April 1, 2015 without unaffiliated capital and an Offshore Fund VIE should be consolidated as the last unaffiliated investor withdrew during the second quarter.&#160; Additionally, during the three months ended March 31, 2015, an Offshore Fund VOE was deconsolidated as the Company's ownership percentage fell below 50%, a CFF VOE was deconsolidated when it was closed and a different CFF VOE was consolidated as the last unaffiliated investor withdrew on March 31, 2015.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">At and for the nine months ended September 30, 2014 and at December 31, 2014, one CFF VIE is consolidated, as the Company has been determined to be the primary beneficiary because it has an equity interest and absorbs the majority of the expected losses and/or expected gains.&#160; At and for the nine months ended September 30, 2014 and at December 31, 2014, two CFF VOEs, one Partnership VOE and one Offshore Fund VOE are consolidated because the unaffiliated partners or shareholders lack substantive rights, and the Company, as either the general partner or investment manager, is deemed to have control.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The following table breaks down the investments in partnerships line by accounting method, either fair value or equity method, and investment type (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td colspan="11" style="vertical-align: bottom; width: 83.64%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="11" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 83.64%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Investment Type</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="5" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 40.37%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Affiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td colspan="3" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 25.95%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Unaffiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Accounting method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;Feeder Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Fair Value</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 14,317</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 14,317</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Equity Method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,318</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,286</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">86,708</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Total</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 14,317</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 38,318</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,286</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 7,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160; 101,025</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td colspan="11" style="vertical-align: bottom; width: 83.64%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">December 31, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="11" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 83.64%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Investment Type</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="5" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 40.37%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Affiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td colspan="3" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 25.95%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Unaffiliated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidated</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Accounting method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;Feeder Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Fair Value</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 23,803</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 23,803</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Equity Method</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,385</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,033</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,864</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">83,834</div></td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.53%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.9%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #cceeff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.47%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Total</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 23,803</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,385</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 36,033</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,552</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,864</div></td><td style="vertical-align: bottom; width: 2.9%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 107,637</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr style="height: 12px;"><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td colspan="11" style="vertical-align: bottom; width: 83.77%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="11" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 83.77%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Investment Type</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="5" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 40.03%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Affiliated</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td colspan="3" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 25.73%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Unaffiliated</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 12.26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidated</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 12.26%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Accounting method</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;Feeder Funds</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore Funds</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 12.26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Total</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 12.26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Fair Value</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 24,094</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 12.26%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 24,094</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Equity Method</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,967</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34,185</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,611</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,577</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 12.26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">83,340</div></td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">&#160;</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 11.43%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 2.87%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 12.26%; background-color: #cceeff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 13.35%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.1pt; text-indent: -8.1pt;">Total</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 24,094</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,967</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 34,185</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 6,611</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.43%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 7,577</div></td><td style="vertical-align: bottom; width: 2.87%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 12.26%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; 107,434</div></td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">The following table includes the net impact by line item on the condensed consolidated statements of financial condition for each category of entity consolidated (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 68.32%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 425,549</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 2</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 52</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 13</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 425,616</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">118,401</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,807</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">709</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">126,917</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in sponsored investment companies</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">115,046</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">115,046</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">105,097</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,817</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(8,504)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(385)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">101,025</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">50,960</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1,933</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">25</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">52,918</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investment advisory fees receivable</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">28,615</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">5</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">28,629</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">22,363</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">16</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">137</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">2</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">22,518</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,031</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,840</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 1,434</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 364</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 872,669</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 5,231</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 140</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 206</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 5,577</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">188,770</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">155</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">81</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">189,044</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total debt</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">106,750</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">106,750</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,802</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">1,139</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">77</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,018</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">565,280</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">565,280</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,031</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,840</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 1,434</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 364</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 872,669</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 68.32%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">December 31, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left;">Assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 298,149</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; (11)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 86</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 298,224</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">200,443</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">7,801</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">51,293</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">259,537</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in sponsored investment companies</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,537</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,537</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">111,380</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,438</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(8,181)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">107,637</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24,301</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">623</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">51,155</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">76,079</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investment advisory fees receivable</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">42,102</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(6)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(222)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">41,872</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">43,393</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">151</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">43,544</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 759,305</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,421</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 327</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 102,377</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,430</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 9,991</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 604</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 10,595</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">109,356</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">22</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,141</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">147,543</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total debt</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">112,163</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">112,163</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,399</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">303</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">63,632</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">68,334</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">527,795</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">527,795</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 759,305</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,421</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 327</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 102,377</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 866,430</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 68.32%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 358,316</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 7</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 98</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 358,421</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">203,280</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">8,836</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">42,514</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">254,630</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in sponsored investment companies</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,520</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,520</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">110,679</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,684</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(7,929)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">107,434</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31,388</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">306</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">48,191</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">79,885</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investment advisory fees receivable</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31,221</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">17</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(82)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31,155</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">28,528</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1,000)</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">163</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">27,715</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total assets</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 802,932</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,732</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 310</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 90,786</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 898,760</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 13,549</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; -</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 631</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 14,180</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">166,209</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">71</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">31</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">39,009</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">205,320</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total debt</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">111,941</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">111,941</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">4,661</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">279</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">51,146</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">56,086</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">511,233</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.18%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.96%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">511,233</div></td></tr><tr><td style="vertical-align: bottom; width: 28.53%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total liabilities and equity</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 802,932</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 4,732</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 310</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.18%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; 90,786</div></td><td style="vertical-align: bottom; width: 3.16%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.96%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#160; </font>898,760</div></td></tr></table><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">The following table includes the net impact by line item on the condensed consolidated statements of income for each category of entity consolidated (in thousands):</div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 65.24%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Three Months Ended September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 96,558</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (10)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (2)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 96,546</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">60,304</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">23</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">3</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">60,350</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,254</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(33)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,196</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income/(expense), net</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12,093)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(268)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(120)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(19)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12,500)</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">24,161</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(301)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(142)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">23,696</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9,245</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9,245</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">14,916</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(301)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(142)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">14,451</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net loss attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.29%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(53)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.55%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(301)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(142)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.52%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(22)</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.21%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(518)</div></td></tr><tr><td style="vertical-align: bottom; width: 32.1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 2.66%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.29%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 14,969</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.55%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.52%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 2.04%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.21%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 14,969</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 67.79%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Three Months Ended September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 111,073</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (7)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (208)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 110,858</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">66,980</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">12</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">260</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">67,272</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">44,093</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(27)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(468)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">43,586</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income, net</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(7,462)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(186)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(18)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,323)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(9,989)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">36,631</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(213)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(30)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,791)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">33,597</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">13,045</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">13,045</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">23,586</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(213)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(30)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,791)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20,552</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(79)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(213)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(30)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,791)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3,113)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 23,665</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 23,665</div></td></tr></table><div><br /></div><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 67.79%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Nine Months Ended September 30, 2015</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 303,139</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (26)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (4)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (14)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 303,095</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">197,828</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">95</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">50</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">32</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">198,005</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">105,311</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(121)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(54)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(46)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">105,090</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income/(expense), net</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3,016)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(177)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(102)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">9</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(3,286)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">102,295</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(298)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(156)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(37)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">101,804</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,547</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38,547</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">63,748</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(298)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(156)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(37)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">63,257</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net loss attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(98)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(298)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(156)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(37)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(589)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 63,846</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 63,846</div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 100%;"><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td colspan="9" style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 67.79%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Nine Months Ended September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Prior to</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Offshore</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;">&#160;</td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Consolidation</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">CFFs</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Partnerships</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">Funds</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">As Reported</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total revenues</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 324,287</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (2)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; (633)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 323,631</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total expenses</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">205,207</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">34</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">38</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">730</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">206,009</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Operating income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">119,080</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(55)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(40)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1,363)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">117,622</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Total other income, net</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">6,172</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">20</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">19</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(1,186)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">5,025</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income before income taxes</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">125,252</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(35)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,549)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">122,647</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Income tax provision</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">44,796</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">44,796</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">80,456</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(35)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,549)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">77,851</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income/(loss) attributable to noncontrolling interests</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.9%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(113)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(35)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(21)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 11.15%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,549)</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ccffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 10.91%; background-color: #ccffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(2,718)</div></td></tr><tr><td style="vertical-align: bottom; width: 29.08%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Net income attributable to GAMCO</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.9%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 80,569</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 11.15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; -</div></td><td style="vertical-align: bottom; width: 3.13%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 10.91%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 80,569</div></td></tr></table><div><br /></div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; font-style: italic; text-align: justify;">Variable Interest Entities</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">We sponsor a number of investment vehicles where we are the general partner or investment manager.&#160; Certain of these vehicles are VIEs, but we are not the primary beneficiary, in all but two cases, because we do not absorb a majority of the entities' expected losses and/or expected returns, and they are, therefore, not consolidated.&#160; We consolidate the two VIEs where we are the primary beneficiary.&#160; The Company has not provided any financial or other support to those VIEs where we are not the primary beneficiary.&#160; The total net assets of these non-consolidated VIEs at September 30, 2015, December 31, 2014 and September 30, 2014 were $65.8 million, $71.6 million and $59.8 million, respectively.&#160; On September 30, 2015, the maximum exposure to loss as a result of our involvement with the non-consolidated VIEs is limited to the investment in one VIE of $9.6 million and the deferred carried interest that we have in another of $38,000 which was included in investments in partnerships on the condensed consolidated statements of financial condition.&#160; On December 31, 2014 and September 30, 2014, our maximum exposure to loss as a result of our involvement with the non-consolidated VIEs is limited to the investment in two VIEs of $10.6 million and $8.6 million, respectively, and the deferred carried interest that we have in another of $43,000 and $44,000, respectively, which was included in investments in partnerships on the condensed consolidated statements of financial condition.&#160;&#160;&#160;Additionally, as the general partner or investment manager to these VIEs the Company earns fees in relation to these roles, which given a decline in AUMs of the VIEs would result in lower fee revenues earned by the Company which would be reflected on the condensed consolidated statement of income, condensed consolidated statement of financial condition and condensed consolidated statement of cash flows.</div><div><br /></div><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: justify;">The assets of these VIEs may only be used to satisfy obligations of the VIEs.&#160; The following table presents the balances related to the VIEs that are consolidated and are included on the condensed consolidated statements of financial condition as well as GAMCO's net interest in the VIEs.&#160; There are two VIEs consolidated at&#160; September 30, 2015 and one VIE consolidated at December 31, 2014 and September 30, 2014:</div><div><br /></div><table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; width: 78%;"><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2015</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">December 31, 2014</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold; color: #000000; text-align: center;">September 30, 2014</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">(In thousands)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Cash and cash equivalents</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160;&#160; 13</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160; -</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160; &#160; &#160; &#160; &#160; &#160; 1</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in securities</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">709</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Investments in partnerships</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">5,116</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">&#160;13,434</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">&#160;13,618</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Receivable from brokers</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">25</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Other assets</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">3</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Payable to brokers</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(62)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Securities sold, not yet purchased</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(206)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">-</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Accrued expenses and other liabilities</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(27)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(12)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(15)</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">Redeemable noncontrolling interests</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(615)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(794)</div></td><td style="vertical-align: bottom; width: 1%; background-color: #cceeff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 2px solid; width: 15%; background-color: #cceeff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">(962)</div></td></tr><tr><td style="vertical-align: bottom; width: 30%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left; margin-left: 8.85pt; text-indent: -8.85pt;">GAMCO's net interests in consolidated VIE</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: left;">&#160;</div></td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 4,956</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 12,628</div></td><td style="vertical-align: bottom; width: 1%; background-color: #ffffff;">&#160;</td><td style="vertical-align: bottom; border-bottom: #000000 4px double; width: 15%; background-color: #ffffff;"><div style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; color: #000000; text-align: right;">$&#160; &#160;&#160; 12,642</div></td></tr></table><div><br /></div></div> 1304000 1302000 1257000 100000000 100000000 100000000 27412000 10529000 27939000 219500000 158138000 194621000 107434000 107637000 101025000 7577000 24094000 6552000 34185000 34552000 6611000 23803000 6864000 14317000 38318000 36033000 34385000 6286000 7552000 34967000 105097000 5116000 4817000 0 4438000 110679000 -8181000 13618000 -8504000 -385000 111380000 0 -7929000 13434000 4684000 XML 13 R39.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part II (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Assets [Abstract]            
Cash and cash equivalents $ 425,616 $ 358,421 $ 425,616 $ 358,421 $ 298,224 $ 210,451
Investment in Securities, Fair Value 126,917 254,630 126,917 254,630 259,537  
Investments in sponsored investment companies 115,046 39,520 115,046 39,520 39,537  
Investments in partnerships 101,025 107,434 101,025 107,434 107,637  
Receivable from brokers 52,918 79,885 52,918 79,885 76,079  
Investment advisory fees receivable 28,629 31,155 28,629 31,155 41,872  
Other asset 22,518 27,715 22,518 27,715 43,544  
Total assets 872,669 898,760 872,669 898,760 866,430  
Liabilities and Equity [Abstract]            
Payable to brokers 49,074 46,790 49,074 46,790 43,409  
Securities sold, not yet purchased 5,577 14,180 5,577 14,180 10,595  
Accrued expense and other liabilities 189,044 205,320 189,044 205,320 147,543  
Total Debt 106,750 111,941 106,750 111,941 112,163  
Redeemable noncontrolling interests 6,018 56,086 6,018 56,086 68,334  
Total equity 565,280 511,233 565,280 511,233 527,795 $ 460,182
Total liabilities and equity 872,669 898,760 872,669 898,760 866,430  
Condensed Consolidated Statements of Income [Abstract]            
Total revenues 96,546 110,858 303,095 323,631    
Total expenses 60,350 67,272 198,005 206,009    
Operating income 36,196 43,586 105,090 117,622    
Total other income, net (12,500) (9,989) (3,286) 5,025    
Income before income taxes 23,696 33,597 101,804 122,647    
Income tax provision 9,245 13,045 38,547 44,796    
Net income 14,451 20,552 63,257 77,851    
Net income/(loss) attributable to noncontrolling interests (518) (3,113) (589) (2,718)    
Net income attributable to GAMCO Investors, Inc.'s shareholders 14,969 23,665 63,846 80,569    
VIE [Member]            
Assets [Abstract]            
Cash and cash equivalents 13 1 13 1 0  
Investment in Securities, Fair Value 709 0 709 0 0  
Investments in partnerships 5,116 13,618 5,116 13,618 13,434  
Receivable from brokers 25 0 25 0 0  
Other asset 3 0 3 0 0  
Liabilities and Equity [Abstract]            
Payable to brokers (62) 0 (62) 0 0  
Securities sold, not yet purchased (206) 0 (206) 0 0  
Accrued expense and other liabilities (27) (15) (27) (15) (12)  
Redeemable noncontrolling interests (615) (962) (615) (962) (794)  
GAMCO's net interests in consolidated VIEs 4,956 12,642 4,956 12,642 12,628  
Prior to Consolidations [Member]            
Assets [Abstract]            
Cash and cash equivalents 425,549 358,316 425,549 358,316 298,149  
Investment in Securities, Fair Value 118,401 203,280 118,401 203,280 200,443  
Investments in sponsored investment companies 115,046 39,520 115,046 39,520 39,537  
Investments in partnerships 105,097 110,679 105,097 110,679 111,380  
Receivable from brokers 50,960 31,388 50,960 31,388 24,301  
Investment advisory fees receivable 28,615 31,221 28,615 31,221 42,102  
Other asset 22,363 28,528 22,363 28,528 43,393  
Total assets 866,031 802,932 866,031 802,932 759,305  
Liabilities and Equity [Abstract]            
Securities sold, not yet purchased 5,231 13,549 5,231 13,549 9,991  
Accrued expense and other liabilities 188,770 166,209 188,770 166,209 109,356  
Total Debt 106,750 111,941 106,750 111,941 112,163  
Redeemable noncontrolling interests 0 0 0 0 0  
Total equity 565,280 511,233 565,280 511,233 527,795  
Total liabilities and equity 866,031 802,932 866,031 802,932 759,305  
Condensed Consolidated Statements of Income [Abstract]            
Total revenues 96,558 111,073 303,139 324,287    
Total expenses 60,304 66,980 197,828 205,207    
Operating income 36,254 44,093 105,311 119,080    
Total other income, net (12,093) (7,462) (3,016) 6,172    
Income before income taxes 24,161 36,631 102,295 125,252    
Income tax provision 9,245 13,045 38,547 44,796    
Net income 14,916 23,586 63,748 80,456    
Net income/(loss) attributable to noncontrolling interests (53) (79) (98) (113)    
Net income attributable to GAMCO Investors, Inc.'s shareholders 14,969 23,665 63,846 80,569    
CFFs [Member]            
Assets [Abstract]            
Cash and cash equivalents 2 7 2 7 (11)  
Investment in Securities, Fair Value 0 0 0 0 0  
Investments in sponsored investment companies 0 0 0 0 0  
Investments in partnerships 4,817 4,684 4,817 4,684 4,438  
Receivable from brokers 0 0 0 0 0  
Investment advisory fees receivable 5 17 5 17 (6)  
Other asset 16 24 16 24 0  
Total assets 4,840 4,732 4,840 4,732 4,421  
Liabilities and Equity [Abstract]            
Securities sold, not yet purchased 0 0 0 0 0  
Accrued expense and other liabilities 38 71 38 71 22  
Total Debt 0 0 0 0 0  
Redeemable noncontrolling interests 4,802 4,661 4,802 4,661 4,399  
Total equity 0 0 0 0 0  
Total liabilities and equity 4,840 4,732 4,840 4,732 4,421  
Condensed Consolidated Statements of Income [Abstract]            
Total revenues (10) (7) (26) (21)    
Total expenses 23 20 95 34    
Operating income (33) (27) (121) (55)    
Total other income, net (268) (186) (177) 20    
Income before income taxes (301) (213) (298) (35)    
Income tax provision 0 0 0 0    
Net income (301) (213) (298) (35)    
Net income/(loss) attributable to noncontrolling interests (301) (213) (298) (35)    
Net income attributable to GAMCO Investors, Inc.'s shareholders 0 0 0 0    
Partnerships [Member]            
Assets [Abstract]            
Cash and cash equivalents 52 98 52 98 86  
Investment in Securities, Fair Value 7,807 8,836 7,807 8,836 7,801  
Investments in sponsored investment companies 0 0 0 0 0  
Investments in partnerships (8,504) (7,929) (8,504) (7,929) (8,181)  
Receivable from brokers 1,933 306 1,933 306 623  
Investment advisory fees receivable 9 (1) 9 (1) (2)  
Other asset 137 (1,000) 137 (1,000) 0  
Total assets 1,434 310 1,434 310 327  
Liabilities and Equity [Abstract]            
Securities sold, not yet purchased 140 0 140 0 0  
Accrued expense and other liabilities 155 31 155 31 24  
Total Debt 0 0 0 0 0  
Redeemable noncontrolling interests 1,139 279 1,139 279 303  
Total equity 0 0 0 0 0  
Total liabilities and equity 1,434 310 1,434 310 327  
Condensed Consolidated Statements of Income [Abstract]            
Total revenues (2) 0 (4) (2)    
Total expenses 20 12 50 38    
Operating income (22) (12) (54) (40)    
Total other income, net (120) (18) (102) 19    
Income before income taxes (142) (30) (156) (21)    
Income tax provision 0 0 0 0    
Net income (142) (30) (156) (21)    
Net income/(loss) attributable to noncontrolling interests (142) (30) (156) (21)    
Net income attributable to GAMCO Investors, Inc.'s shareholders 0 0 0 0    
Offshore Funds [Member]            
Assets [Abstract]            
Cash and cash equivalents 13 0 13 0 0  
Investment in Securities, Fair Value 709 42,514 709 42,514 51,293  
Investments in sponsored investment companies 0 0 0 0 0  
Investments in partnerships (385) 0 (385) 0 0  
Receivable from brokers 25 48,191 25 48,191 51,155  
Investment advisory fees receivable 0 (82) 0 (82) (222)  
Other asset 2 163 2 163 151  
Total assets 364 90,786 364 90,786 102,377  
Liabilities and Equity [Abstract]            
Securities sold, not yet purchased 206 631 206 631 604  
Accrued expense and other liabilities 81 39,009 81 39,009 38,141  
Total Debt 0 0 0 0 0  
Redeemable noncontrolling interests 77 51,146 77 51,146 63,632  
Total equity 0 0 0 0 0  
Total liabilities and equity 364 90,786 364 90,786 $ 102,377  
Condensed Consolidated Statements of Income [Abstract]            
Total revenues 0 (208) (14) (633)    
Total expenses 3 260 32 730    
Operating income (3) (468) (46) (1,363)    
Total other income, net (19) (2,323) 9 (1,186)    
Income before income taxes (22) (2,791) (37) (2,549)    
Income tax provision 0 0 0 0    
Net income (22) (2,791) (37) (2,549)    
Net income/(loss) attributable to noncontrolling interests (22) (2,791) (37) (2,549)    
Net income attributable to GAMCO Investors, Inc.'s shareholders $ 0 $ 0 $ 0 $ 0    
EXCEL 14 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0````(`",Y94>_N,U_U0$``&X<```3````6T-O;G1E;G1?5'EP97-= M+GAM;,V9RT[#,!!%?Z7*%C6N[?`490-L`0E^P"33QFH<6[8IY>^Q4T!0%<2K MTMWDT3N>>Y-QSJ:G=T^.PFAENCY,BS9&=\)8J%LR*I3649^4F?5&Q73KY\RI M>J'FQ,1DA&^7BE3&K!5AT;A/61EUEG_V,8G"?5A)8HFJX, M\:FCL,U_K;PZ7]!,/73Q1\8O[Z[TU`TUH=7NQ>IRE;J$]-NT2&KXEL/FPJ^2 M:9.'YOKYAQ7Y_I?/LO$2EZ:[\.I1;Q@L=S:F?"Z-TOVV43U:O[BW=O&?VX3R M4S74C)U/A3[J+;LD%=\D-;#4^D_>KSNEMIZ^99@+=_A1M,I3YRY+D.UY\-?1`#&TX[A,2/<@B0'!(D1P628Q\DQP%(CD.0'$<@.8Y![%```` M*P(```L```!?.0Q(OW[CMB`PD.MQ-*O>X^NO`ZIK`XTHO8<4M?'5$Q^#*G*_=ITJK$" M2+8CCVG!D4*>-BP>-9?20D0[8$NP+,L5R*V.V:SGVL7.U49V[M,41Y26M#;3 M"&>6X9MY6&3I//B)]!=C;IK>TI;MR5/0!_ZS#0//>997'L=V+YRO+0O]C^AY M%.!)T:'B1?4C9@,2[2F]@OIZ`(4QOCLEFI2"(S>C@KN_V/P"4$L#!!0````( M`",Y94=>=TD!P0$``-0;```:````>&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E M;'/%V<`94`*S=LU1MH8*`$^I/.&/7NK2P,_LP7%R3? MIDW;Y,R[Z9-FNFAC.7\,IRH=NC;6ASY.WII3&^?C_651I]3/G8N;.C15O.GZ MT(Y/=]W05&F\'/:NKS;':A^KLLAO56BLES->Q#6A:O MW7",=0@INO-);L8%QL?O??C/\MUN=]B$AV[STH0V_5'AOA8H7#Y(\T%*";)\ MD%&"?#[(4X*F^:`I)6B6#YI1@F[S0;>4H+M\T!TEZ#X?=$\)DA+(6'*2$-8< MK05P+1RO!8`M'+$%D"T`M'+T5Z*T< MO17HK:1O;?2QS=%;@=[*T5N!WLK16X'>RM%;@=[*T5N!WLK16X'>RM%;@=[* MT=N`WL;1VX#>QM';@-Y&VBM!FR4AM'+T-Z&TAM M'+T-Z&TNGG*?"A@NMT[A2<.?CU5_W\]3/$/?K!][J M`U!+`P04````"``C.65'&&D/?,@"``"_"P``$````&1O8U!R;W!S+V%P<"YX M;6R]5M]OVC`0_EIUV^]J#E0490O@QW1IM^?W6X!CH.4IL$QS^^JW"TQ9Y3!31@4,T)%]9AJ"-'ICO6MTF&^OV*<(N<.8BH7$):Q M^Y>;7#R"-GFD%YWS-OYM4[#1%[:!AEPN)I1KX_>7MK<$9I5>EVEIFU8I5"PO MNGFQB[@DZVUV"/P5)X`\4I'!"5LF-Y8/A\3]$?/4G)%Q=(##5`)D1E<' M?`942XS"D`EHXI9=)6P(C$OA-J?"%"^&F:!1B M%)A+.A>`LV3I@2E22<+7$>>T@7(I!WDPW]-L;N`YR_,=+'->_4IV.K4J2=[/ M\BA.%'2-,A_J5[93/9'[A3ON(Z_@<415*?_UW;LY.2/NIB;'R?7]7%[4Y/P` M)FA-CJMD364+6/O0^A-Y\]WN[GNO\'4$L#!!0` M```(`",Y94<\[()N/@$``&D#```1````9&]C4')O<',O8V]R92YX;6S-DTU/ MPS`,AO\*ZKU+NFD@HJX'0)R8A,00B%N6>%M8\Z'$4]=_3Y9U+0,NNW&K:[^/ M7\=)*1P3UL.SMPX\*@A7>UV;P(2;91M$QP@)8@.:AU&L,#&YLEYSC*%?$\?% MEJ^!C"F])AJ02XZ<'("YZXE954K!A`>.UG=X*7J\V_DZP:0@4(,&@X$4HX)D MU:O9&MN8D@SZJHR.:QYP;J5:*9!W[5#V.Q4[(W@=CG*0??OT]T\/*4.RKG(? M5%_5-,VHF:2Z.'!!WN=/+^EL#:;NHL(8+=YLT,BTW?2:0A""\#FH$Z;+MH6VL5Z&*MVO(3J\G+BRM?7M,?4C.GM5U1=0 M2P,$%`````@`(SEE1YE&UL[5I;<]HX%'[OK]!X9_9M"\8V@;:T$W-I=MNTF83M3A^%$5B-;'EDD81_ MOTV23;J;/`0LZ?O.14?GZ#AY\^XN8NB&B)3R> +]O6N[!3+UES@6QHO(];JM-O= M5H1I;*$81V1@?5XL:$#05%%:;U\@M.4?,_@5RU2-9:,!$U=!)KF(M/+Y;,7\ MVMX^9<_I.ATR@6XP&U@@?\YOI^1.6HCA5,+$P&IG/U9KQ]'22(""R7V4!;I) M]J/3%0@R#3LZG5C.=GSVQ.V?C,K:=#1M&N#C\7@XMLO2BW`A(5M>5`TR``6'!VULS2`Y9>*?IU ME!K9';O=05SP6.XYB1'^QL4$UFG2&98T1G*=D`4.`#?$T4Q0?*]!MHK@PI+2 M7)#6SRFU4!H(FLB!]4>"(<7K;YH]5Z%82=J$^!!&&N*< M<^9ST6S[!Z5&T?95O-RCEU@5`9<8WS2J-2S%UGB5P/&MG#P=$Q+-E`L&08:7 M)"82J3E^34@3_BNEVOZKR2.FJW"$2M"/F(9-AIRM1:!MG&IA&!: M$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$.$9)>-T(^8LZ+D!&_'H8X2IKMHG%8 M!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]072N0/)J<_Z3(T!Z.:60F]A%9JGZJ' M-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+`.7\N?<^E[[GT/:'2 MMSAD6R4)RU3393>*$IY"&V[I4_5*E=?E MK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.WF)&Y"M-2D&_#^>G%>!KB M.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>(\J(A[J&&F,_#0X=Y>U^89Y7&4#04 M;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R4E5@,5O&`RN0HGQ,C$7H<.>77%_C MT9+CVZ9EM6ZO*7<9;2)2.<)IF!-GJ\K>9;'!51W/55ORL+YJ/;053L_^6:W( MGPP13A8+$DACE!>F2J+S&5.^YRM)Q%4XOT4SMA*7&+SCYL=Q3E.X$G:V#P(R MN;LYJ7IE,6>F\M\M#`DL6XA9$N)-7>W5YYNTB42%(JP#`4A%W+C[^^3:G>,U_HL M@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+A=OB5,V[&KXF8$O#>FZ=+2?_VU[4 M/;07/4;SHYG@'K.'YA,L0Z1^P7V*BH`1 MJV*^NJ]/^26<.[1[\8$@F_S6VZ3VW>`,?-2K6J5D*Q$_2P=\'Y(&8XQ;]#1? MCQ1BK::QK<;:,0QY@%CS#*%F.-^'19H:,]6+K#F-"F]!U4#E/]O4#6CV#30< MD05>,9FV-J/D3@H\W/[O#;#"Q([A[8N_`5!+`P04````"``C.65'Y25/&E\" M``"H"P``#0```'AL+W-T>6QE9#B"SY>?_]1"W7T";KSX/XD44PF$Z@]W;2D;^;5Z\-J*>'4;_"/""^/E#SJZ*'Y#<[R'N5.U3=FD"O MO;(XS`7O;VX,'1"'U0M8(JK]`^.>"BHD4+HT=`:+<,2P\[A'E"22&#!'C-"5 M@\<&L-74^C'"A;2Y789AGI'?9Y)%$D&__;T]7=*SV\%LCU"ZO3T-Q&&)E,*2 MS_0$M/9\5>K-<<&Q$VG]]G@7$JV"\60CP`XZ;R)DAF67.8!K*`XISI4.D*18 MF%&)TD@72@FFC8R@0G!$#>4ZHC4T;8HI?3+?[N]\B[O)@?,Q=^Q#8%2L37T0 MK=F7@3U4;Y/-<6_2CH_B!4W>)=#1J"SIZCLE!6?8B7703+2S??3!#OHX1&M6 ML!"2O&A_4PBI!K"$8(FE(NDF\E>B:I9@.;-_>X=+^GJ]_\KLUPD',C^V:HZ0<(+#,:WV;*5-SU?:^]34 M2:3=G*^TV_^4YK5-:Z,S;O7%#@5)3:@B?*T!F9?,@]%-MUI6WQ,U9];T[="N M*I3H9_-6%DV6X1S55#V2I5!V,8*]_=/(#Z:=U[RCB&!O_\(9J9E[FO5O\_@? M4$L#!!0````(`",Y94&PO=V]R:V)O;VLN>&UL ME9=;;^,H%(#_"O++[DK5)@8G;:.FTFR3F8W4F\91]YG8I$'%D`'<=.;7#SCI MYK@]M>HG@VT^+OY\X%RXR<[8IY4Q3^2E4MI-[#39>+^=#`:NV(B*N[_-5NCP M;&ULQ7VHVL>!6:]E(6:FJ"NA_8`.A^.!%8I[:;3;R*U+#C3W&9K;6L%+MQ'" M5VH/J[C4R>6%FZRE$@_"N@`F?+N]Y968)B\J(8H[/R^E%^4TR4+5[$3KAJVW M_]12QZ_PX.$E&+-:^678;"O_4Z3E&:4CO>, M^-J#%#L'@?$&X867SV+)5]-DF!!>>_-5*B_LC'OQS9IZ*_5C8"5D+:WS>9QN M\V8EM:SDKSCN4',;L_O76/G+:,]57EBC5-,J/F@:A1[<_W?"&+TL6B]ZOOH> MO\0T&0\#\%DZN9)*^I_3I"DK$6#.59OF/):*;Q7G]Q(3KDLRU#Q2RT/N/ M%Y8FCB&\O"B;CNU$AH)=E.E^J2#HZNYV-K_-YS,22OG=]6+V91DJ^3)<;N:W M`$0!B/8%,0!B`,3Z@C(`R@`HZPL:`=`(@$9]06,`&@/0N"_H%(!.`>BT+^@, M@,X`Z*POZ!R`S@'HO"+Q0A>F$F3)7]H#A]:FB+9S;G58.$?NA27YAMO6 M!*"J*>+J3*P\?!\:F2)*YMX43QNCRC#+/\C\1QU"$FP/14P1$[\94^ZD4DU$ M6Y1AX8(#/`3%$-<\;T4TJ&**N6BJ2A[6/M*N3&.0T&_TH=!$BIE8KYSX44=] MYL\1!QM#]RCB7J?&E$)4*[0B"GZD,?ES&5<(HJ"7%/'R:/.AL?L+-H)I^01DR(:AT3.B/L6]1- M.(+"GX)!JUFGU>^6O:ZJU@2AU0RQNGO9X5F!0;,98C;\56?"(V5C@P#A0ZPS1>A\YL);0 MX@RQ&`\=&`E*G"$2=^YZ6>NPVSKM(A*_VZSP$4&!L]$AXS@F&2'/DEJ4,05S M31&PO=V]R:W-H965T&ULC59=CZ,@%/TKQA\P"GZU$VO2=K/9?=AD,@^[S[2EK1D5%V@[ M^^\7T#H6+I-Y4*)];13 M7XZ,MT2J+C]%HN>4'`RI;2(8L-Q"!^U_0F9NU`3W[' MV)ON_#RLPEC/@39T+W4(HEY7NJ5-HR,IY;]CT`]-39RW[]&_FW35]'=$T"UK M_M0'>5:SCP?XB)&OOE#!HR?OPKCOSO@U? M4C328`(>"7@BX,6GA&0D)!,!I2;3868FKV]$DJKD[!;PX6?T1/]S])RHE=OK M0;U0*B>AOFE$55ZKN(RN.LR(V,P1V"#0A(A4[$D`0P(;[-#QH\#6122P0`)F MD,SHB:&G,#T%Z>F,GAIZ9BV`B\AA@0P4R!QZ80D,B,X@LF&%XSQ.TB4LDX,R MN2.SL&1@``4*AX[L4@$@GEI9@!(+EV\5RP:`>"26H,32Y2>6!`#Q5)3> M("!/Q6X$NZ@@C*>LD,>YR(U@5]:(F9<6CF=S>=0!#;Q&V-6Q2^L!DP\83W$A MV,4H<52PLQ,!&,_/1[#9D>ME;%<8A/%L2`AV/'(MCU-;!<#X_@ML>.3Z&?LJ M"'8T*KZZ=2+8K\AU([9*<#MBYB68X[1(,^R1@GV+7%?BA><<@EV)XZ]FBV'# M8==P3K;8-1Q:HF5>+.UTH]D)W5)^,C<7$>S9I9/#43R-3K>C-38G_`>\*GMR MHK\(/]6="'9,JGN".>F/C$FJ)A0_J3H[J_O;U&GH4>IFH=I\N-$,'U#]EFV M99M:0$22S>;?9R0PANZC3?Q@0'P],VJCJ'\UK6;:CG]O-KKD;O[;M M_G8R:1Y?RVW1W%3[^>:[J;=&FC_7+I-G79?'4!VTW$S8F3+;%>C>>3?MK M7^O9M'IK-^M=^;4>-6_;;5'_,R\WU>%N3../"]_6+Z]M=V$RFT[.<4_K;;EK MUM5N5)?/=^-[NEW9'NF)O];EH;EX/^H&_U!5/[H/?SS=C4TWAG)3/K9=$T5Z M>2\7Y6;3M91Z_OO4Z&>?7>#E^X_6?^OEIN$_%$VYJ#;?UT_M:QJM&8^>RN?B M;=-^JPZ_ER<-OFOPL=HT_?_1XUO35MN/D/%H6_P\OJYW_>OA^$UN3F$X@$\! M?`XX]X,#["G`?@:X7P:X4X#[OSWX4X`7/4R.VON96Q9M,9O6U6%4'Y=[7W2[ MBFY]6IO'[F*W%&G6FO1=1\RF[S..T\E[U\X)F5\BW"/67"-+C="9F*3^SX-@ M-(@YJW"^[F"A"4MB#/_9R.J7C5P-T\*YLA?Q]AC/.-[!>'<1[X[Q5LSU$=GU M2-8C.5,N9T-3D7V4$Z(I]ID/HLL5P#+CGH*6I<7NH+JA8VFJ$FGD$6R^3N6BA*6D(FB*R06YGA-G`0]H&/(R4-GFXYB=&Y!_GI#B`>9)I:@FP MM`V<7#F`.6?R@3U)T!SOB;4ZDNI8=>1]E%D(429&J4U3%#DCJ0U@F;E()=?: ML*.2U=I8:K,ZY1GKC10'L.0<+-5IC&)NC$Q'@$MYW9@XH`\[/FG+=]+RR>F] M%"C*;`LP9WVNSIW&R*155@(H`%Y M=@!+EIH;>>00QQSVF8``N6O5*GL2S+_=!M`%P.L"X'Y'CF MK(WYBZ=-2@'4IX&4IP/JW.+D8HA0'?K+; M$-2^U%BPN32@%*YE;X+N>Y<^]!<2\+*V6$+-6JL.MQ2%UV'4M<%U955@".]9DYNI/ M:85!O9;% MT_G#IGQNN[=9>E\?GWX&PO=V]R:W-H965T&ULC59-B2W;3`"Y(,?IOZ\D,,8K.>T%??#>[K[5UZ9G MT;WU!\ZE]]'4;;_R#U(>ET'0;PZ\*?L'<>2M^K,375-*->SV07_L>+DUI*8. M-NJX6U?B=;K^&[E/Z+E$S(0@_A9\7,_ZWLZ^%UMJ0\_QZ-7GUJXKQ_L?[5R%7AOY8]+T3]J]K*@XHV]+TMWY6G6KZ( M\S<^:J#:X$;4O?EZFU,O17.A^%Y3?@QMU9KV//Q)PI'F)N"1@"?"Y,=-B$9" M="603PED))#_]4!'`@4>@D&[R=RZE&66=N+L=<-R'TN]J]"2JK79Z$F]%"IK MO?JG$5GZGL5A&KQK.R,DGT.P@40`LK8A:$($RO\4!'8%D6.+CF\=%#8B0B"& M?QIY^M3(39B1,U?1C!\-N;K#)TX^F?&)X5,@(A\@K8&P(9&$0%1AHW!(*9"[ MME%QA"D#2;%1C"7TCB[JU$7MO&`W/W;R8RLO<03R$L^BI`;R):(@*PX,`9BU M`X/A-G%@$'7K84X]S-9#@!YF^XCC10P4.5"8A&`%UPX4(R@!JEP>D^C..B5. M78FM"^0W3QQ>&#RJA0.%B;5_'2A&"+AZGEP>$\+*6I9]"U]T>VL*`GWS$W(0#]T[A`$4(@3.Z M=IE*%D"7`X39S.&MKCMO%K)U)5`7LNZU!$>6,!N%$;:5V3`:DS"&VFP8BQB& M9RR8OI_=U4ILW'/Q)BL`Y;PSVLB]6RG5[A"2606,R`?> M0J-W"BX847HI2B1;`22W$*,H\+P-8J1NW"2VMA>1Q+Q3M&[@13BR8XR(WRE0 MWN]=W[T87NNR4L:`DAA-7%XS:&3-&T=`L7>?_-US:!16\*.&7L[FCLG]Q/F; M67S+]ZYG4@`*F3(>B![.<`!*C2,=^-?H\QK2@//YQ?L7>UJ=_8E(.'#ZL\Y5 MI9/U7">'@G14O?+^*XQ'B(S#C%-IOT[62<79!7$=1MZ'L6[LV`\[G[T16P>" M$0@F8(JS#N`1P%<@_!`(1R#\WPC1"$2+"&@XNZW>]! MO_Y*M[]I0:%09KK5'OI;U.33?X`4$L#!!0````(`",Y94?<+N4< M6`4``'L<```8````>&PO=V]R:W-H965T&ULC9E-<^(X$(;_ M"L5]!W6W)$LI0M6`:VOWL%53<]@].\$)U`!FL9/,_ON5#^KTUYA]P_/W[[W_ M/AQNBO]0M?6BV?RS7G:KE-:,1\OZJ7K9=-^;MS_JTS&XOL/'9M,.?T>/+VW7 M;-^;C$?;ZN?Q=;T;7M^._PGFU$QO@*<&^-$`[-4&=&I`MS:PIP:6-9@<#V4X M$6755;/IH7D;'8Y7;U_UDP3N;#K5C_V7_9E-)Z%-_^N)V?1U5L!T\MKWDX!.GM26U/9^WML;UEQWE$=@-2 M#(A%Y\&S@Y48QH#(>BLE1BY8S!RT54-;&=JQT/9L&#<@@#Y"P4)+#%UTQ+!2 MPZPGHX=V:F@G0[-3.'95BVBXP!8:1F(REAKFBY@[<%U-(-T4N)M` MD9-QXFY6,"PBB=@:9B$WTW0Y@;13X'8":10'$7AJA4)'/+1&%;G,NIU`ZBEP M/8$T2@B%Y*WHA5ND8%(K[M M5##GS9GC+E/KED1IR<@MJ3&\!-[`E->9R[2Z'_'+F88Q#S`&,LQ')9Y<#S74.I<2&FA74FNFXJE*8" M?N?-4.I4S(3./&B4KDJ+51Y:RL7YM&WFDM4X+`JQ]-4X`,P]/2!= M5B1EE7;\/+K%YO6M'#TW7-=OA)Z"GINGJU)_YDNZ855TM/SYLZJ>N?UND]X?C;V/'#UVS M?_^I[^/WQMG_4$L#!!0````(`",Y94>-31\_$P,``%L.```8````>&PO=V]R M:W-H965T&ULE9?-CILP%(5?!?$`P7\8/$HB=8*J=E%IU$6[ M9A(G00,X!3*9OGUM("G8-XV;1?C[CGVN,<>PO*CFK3U*V04?55FWJ_#8=:>G M*&JW1UGE[4*=9*VO[%53Y9T^;`Y1>VIDONM%51D1A'A4Y44=KI?]N9=FO53G MKBQJ^=($[;FJ\N;WLRS5917B\'KB>W$X=N9$M%Y&-]VNJ&3=%JH.&KE?A9_P M4T:007KB1R$O[60_,.9?E7HS!U]WJQ`9#[*4V\XTD>O-N]S(LC0MZ9Y_C8W^ M[=,(I_O7UC_WY6K[KWDK-ZK\6>RZHW:+PF`G]_FY[+ZKRQJ;/O_ M8'MN.U5=)6%0Y1_#MJC[[66XDJ)1!@O(*"`W`6;_%-!10'T%;!0P2Q`-I?0# MD>5=OEXVZA(TP]T[Y6:2X">FAWIK3IJ1U8/0ZFN&6"_?UQB)9?1N&AJ9YRE# M>H;,B8U+)!:2N0C%-R32'F]&"6B43/2TUZ<4UE-03R=Z-A2*D57HP-0](WJ& M+ZS!V+@,I@ML%?L`FMEEH%WFE(OQG09BL($8J->Z)\_QQ"9&/806"%G5;/RP M["$V<\U!UQQP32W7?-)//$[9X6?Y]@4S#W#F/0&])X!W9GE/G)Y('$/>(5!` MWCW`F?<4])XZW@F']0+4"__I:F(8"B($#%]L)Q'RF[&>7/:8FUN_DZ$8L,YM MZ_CN)+/OO3^:>:'S&N!XQ02H(;%K(&YO,4V3Q+T!(,DPH]2N`"()15-R7@"< M[Q@*>/OQP]3IC%.&A'`6-`#DF!,[0C,(C(40*;GC'HY[S`#WJ>V>.7T)Q'AB M+]@;`$P3$A/BS'\`Y'KLXWL/`+S68'>Q(>F=%N#` M^''98VYN'4Y?[,8O$""I?X!XHYD7.J\!7@&P\`D0X:Y6#"[!E\Q\R/G[);P` M$6@!L@.$('>X!!8\<1($)`D5A-L%P&0R(X<"HLE;_2D_R&]Y*%OJ9/.HOO=M!*?>=V4WT?C-\^PP'G3I=/^5NWY/K/U!+`P04 M````"``C.65'E"KQHOX%``#B*```&````'AL+W=O]I((`E2CJO&YKF8JJY>]*Q)0A)7VR9C2*?GWP_8 MQ#%7UQPV?G[W2!P$Z`B6']7Q5_U:ELWLSWYWJ._GKTWS=K=8U(^OY;ZHOU5O MY:']Y[DZ[HNF_7I\6=1OQ[)X.A7M=POINGJQ+[:'^6IY^NW[<;6LWIO=]E!^ M/\[J]_V^./ZW+G?5Q_U6VZ'Q:KY>)2][3=EX=Z6QUFQ_+Y?OZ7 MN,NEZ9`3\7-;?M17GV==YQ^JZE?W)7^ZG[M='\I=^=AT$D7[]KOZ?[5/SVO;6G<^>RN?B?=?\J#ZRLM\& MU0D^5KOZ]#I[?*^;:O]9,I_MBS_G]^WA]/YQ_B=P^S*^0/8%\E+@^:,%7E_@ M70JD'"WP^P+_JP4]6J#Z`O75@ADMT'V!OA3XXUTR?8'Y:F%\HX.^(+@4"#%: M$/8%X5>73KMO<=Y_I[T?%4VQ6AZKC]GQ/&3?BN[($'=A.[X>NQ^[X=3N^;K] MKR-6R]\K(<+EXG&>D.F0W'B"$3<8P<,C''>$,FX1A_R*0,B3@=Z8=D MFV(;4Z[V?=)@PC3H2H\,CM2F'$^+P)!MS&S.UZX(R/[/;4R;*RL&AGNLX1YC M.!W1WE4KZL30\0R)"!(Q)!)(I)#(()';A".TUKRI/FNJ;YOJD6;6/C05$A$D M8D@DD$@AD4$BMPGE:??&J4&QIBK+5'K0KQ6SZP0Y9C8V1&V%1&P3@:LT.6X2 MJ)-"(N-:\I4A]C(;+K5[8\QJUEYMV:O)56*MX9"%1`2)&!*)33C2,V0PI%`G MFZ23C^D,?#6LKX8Y%]!Q:Z"QD(@@$4,BL0G']S4U%NIDDW3R,9V!L0%K;&`/ M6'*%7P?05TA$D(@AD=B$(\CT*H4JV025?$QEX&G(>AHR@Y6C<%NJDD,@FM92/Z0R,[<(BEQQNA48,A$C&("`.:&[!0@I$4(]FD[N2C0D.#^6@F MF&SF*6JPQ`9#),)(C)$$(RF#.%*YQJ<63^/RT2:')O-Q3#!YS-/49#NB2$.C MYH:AK`C,*06AIC._F.%4(#TZ#TTX/<\+);6=R5A>H$,EJ>],N^V,GFY'SG': M#6Y,@`6?V@07VPSUWDXRK?<^]=ZF;.\9I5#H0%#O;4Z[,E36<&?TE"NLI1X; M<[RPG9T9ZCV3V:0Q(9URAQ`P+FTP$F$DQDB"D10C M&49R!G&T>^NLPF<[88<[>T%"X'B'D0@C,482C*08R3"2,XAPO5OG#3[A"2[B MT45+@3,>1B*,Q!A),))B),-(SB!A>,MJE;"QST,!)A),9(@I$4 M(QE&<@9QM"?5+7_YQ"?LR&R*'E;)I2OFHTM!A/O]) M+O_1D2QQ_L-(A)$8(PF#./2F6XIULBDZ^:C.T-X;-^;L]&/?9*+?73A3>+[22W?6",9WY3`2,4@;ZT+J,KXWAY$4(]FD[N2C0D.#^0@GF0AG M+YIG]T1--=L6$H^QD41BD,C3V6 M;4YKX=/[/PG#":.,-:VP,<<7K2!=!&)`I94,+-^9_KF26K^X>L[JK7@I_RZ. M+]M#/7NHFJ;:GQZZ>JZJIFP5W6_MX?):%D^7+[ORN>D^FO;S\?P(WOE+4[U] M/E%X>:QQ]3]02P,$%`````@`(SEE1Z]/O%7\`0``604``!@```!X;"]W;W)K M' M#!]:&U/;"=M_7]L0PA+W@NWQ>V_>#+:S@8L/V0`H[Y/13A[\1JE^'P2R;(`1 MN>$]='JGXH(1I9>B#F0O@)PMB=$`A6$:,-)V?I[9V)O(,WY1M.W@37CRPA@1 M?X]`^7#P(_\6>&_K1IE`D&?!S#NW##K9\LX34!W\YVA?I`9A`;]:&.1B[AGO M)\X_S.+'^>"'Q@)0*)51('JX0@&4&B&=^,^D>4]IB,OY3?W55JO=GXB$@M/? M[5DUVFSH>V>HR(6J=SY\AZF$Q`B6G$K[]Y<:8*F4;HF MJ?<,(L^N>11'67`U0A/FN,2@$3,C`JT^IT"N%$?T0$=?$Q2/"/R?#-A9!%[P M\50$<@O$3H%X(1!;@6VX:L((Z2QD:R%/,5ZWJG"@(OP-N[TD3B_)@Y80\H12%;B>ITTGJBXER! M]AAN=,,:_<[-"PJ5,M.MGHOQZH\+Q?O;0S:_IOD_4$L#!!0````(`",Y94&PO=V]R:W-H965T&ULC9I?;]LV M%,6_BN'WU.+]0U*!8Z#),&P/`XH];,]JHB1&;2N3E*;[]I-DQW5X#X6]U+9R M2!Y2Y.]>DEV_->VW[KFN^\6/_>[0W2R?^_[E>K7J[I_K?=5]:E[JP_"7QZ;= M5_WPLWU:=2]M73U,A?:[%16%7^VK[6&Y64_/OK2;=?/:[[:'^DN[Z%[W^ZK] M][;>-6\W2[=\?_#G]NFY'Q^L-NO5N=S#=E\?NFUS6+3UX\WRL[N^4S]*)L5? MV_JMN_B^&,U_;9IOXX_?'VZ6Q>BAWM7W_5A%-7Q\K^_JW6ZL:6CYGU.E/]L< M"UY^?Z_]UZF[@_VO55??-;N_MP_]\^"V6"X>ZL?J==?_V;S]5I_ZH&.%]\VN MF_Y=W+]V?;-_+[)<[*L?Q\_M8?I\._XE%J=BN`"="M"YP+D=7(!/!?AG`9EZ M>G0V]>N7JJ\VZ[9Y6[3'E_%2C>_<7?,P-$UZOO M8T4GS>VEAHZ:LV(UU'YN@E`3MV2*T\<&[JR",RTP[`1?E.=3)SRN0&`%L@YCUBDPY5-3"GB# M9I/5>3]C"8/;`7)K2"U9)+-#XV1U4?*.,+G=);I/P4ACI@I,6P=PJRG]G>4H ME47I0;>L$%23YI/RAESDT&RZ(KDX<6LL@U=5RAGB8PPS2UT"X"L'0%)"^6>80%>2J(8TK`I)03P06+E*&F<,9P>05 M0-Z01A4!.-4$IR=7B-'J9P8+@U<`>-D,%CAX'0(8"@A0JD7([X,$PU<0?-/< M3BQ4K]A)`4XB@928*!^I!!-8$('3""H6JR#?!*J9:87)*^"XUNP7Q2:VC@+# M-0BD$LJ03U84\UP!SV/*<[68IC+"98BDKI"Y"PV,=`5(-_M&M:1&QUI`EC.# M2:Z`Y#$]&U&4`P,S_YOFBFFN@.8Q#2MJ(2VDWH$@#*2L46CFE6&B*TA\8V97 MK9E[+(!?LX%5"U6.);A;@T+)PUKS(&[;*)9J-5JE4*D@O M5A?7LONZ?9JNJ[O%??-ZZ(]7G^>GYROQSS1>ZR;/;]WUW?%B^VA^&T$-!8^]"Y)RQQGG'6.WP\[0[K MG\K?Q>IL"KVHCT)U3:@]C72"T"H0S@<@(^(LR1DP[8-(1$RQ*/:XQ MF\2>1V3-([+DL6C6(5IY?$G"8/-!O;'5)[;XA`N?V.J3I':?Q.J36'RBQ6^6 MK'RV'S4MM9JD%I-X89*N3;9+$S2[/!T^PT_,STTKG!.3ZAX.-ZEB3(+2\QY4 M=VKU`$\!@4KJ::KF?'R3QD"R[O;"3L]\_@]02P,$%`````@`(SEE1\"`(8JB M`0``L0,``!D```!X;"]W;W)K&UL=5/;;MP@$/T5 MQ`<$+^MVRC`.(#7Z=\7L->Q6O<%F.&<,V>X%"/: M-]/*AE7%'VGG?'QAS50=:N!OLP82=!JT6/H2V9:ZW(.I$THKQ++MC6DA# MRR+E7FQ9X."5-/!BB1NT%O;W"12.1[JCU\2K;#L?$ZPLV,*KI0;C)!IBH3G2 MQ]WAE$=$`OR4,+K5FD3O9\2W&'ROCS2+%D!!Y:.""-,%GD"I*!0*O\^:GR4C M<;V^JC^G;H/[LW#PA.J7K'T7S&:4U-"(0?E7'+_!W,)M%*Q0N322:G`>]95" MB18?TRQ-FL=I)]_/M&T"GPE\(3QDR?A4*-G\*KPH"XLCL=/1]B+>X.[`PT%4 M,1G[#A9=V(N(LKB4NR]W!;M$H1ES6F/XA%D0+*@O)?A6B1/_A\ZWZ?M-A_L5 M?3\[O-\6R#<%\I5`_I\6MS`/?Q5AJS/58-OT=!RI<#!^.KPEN[S.1Y[NY!-> M%KUHX8>PK32.G-&'FTUWTR!Z"%:RFUM*NO!_ED!!X^/R/JSM]*2FP&-__2#+ M+RW_`%!+`P04````"``C.65'\AI,W*,!``"Q`P``&0```'AL+W=O=I_=9))8 M^!)LIV'_'E_2$"W9%]LS/N?,&5^*T=@WUP%X]*&D=@?<>=_O"7%5!XJ[*].# M#CN-L8K[$-J6N-X"KQ-)2<(HO2&*"XW+(N5>;%F8P4NAX<4B-RC%[=\C2#,> M\`9?$J^B[7Q,D+(@,Z\6"K031B,+S0'?;_;'740DP&\!HUNL4?1^,N8M!C_K M`Z;1`DBH?%3@83K#`T@9A4+A]TGSJV0D+M<7]:?4;7!_X@X>C/PC:M\%LQ2C M&AH^2/]JQF>86KB.@I61+HVH&IPWZD+!2/&//`N=YC'O;&\FVCJ!300V$VYI M,IX+)9N/W/.RL&9$-A]MS^,-;O8L'$05D['O8-&%O8@HBW.YN;LKR#D*39CC M$L,R9D:0H#Z78&LECNP;G:W3MZL.MPOZ-M,I71?8K0KL%@*[_[3X''_S(&$QL?EC["V^4GEP)O^\D'F7UI^`E!+`P04````"``C.65'N5`D M6:$!``"Q`P``&0```'AL+W=O6B?67MLHP#C`%ZG?Q_`7L=JW1=@AG/.G.%2 MC&C?7`?@R8=6QAUIYWU_8,Q5'6CA;K`'$W8:M%KX$-J6N=Z"J!-)*\:S[!O3 M0AI:%BGW8LL"!Z^D@1=+W*"UL'].H'`\TAV])EYEV_F88&7!%EXM-1@GT1`+ MS9'>[PZG/"(2X)>$T:W6)'H_([[%X*D^TBQ:``65CPHB3!=X`*6B4"C\/FM^ ME8S$]?JJ_IBZ#>[/PL$#JM^R]ETPFU%20R,&Y5]Q_`ES"[=1L$+ETDBJP7G4 M5PHE6GQ,LS1I'J<=SF?:-H'/!+X0[K)D?"J4;/X07I2%Q9'8Z6A[$6]P=^#A M(*J8C'T'BR[L14197$J>\8)=HM",.:TQ/&%V"X(%]:4$WRIQXO_0^39]O^EP MOZ+O9X?[;8%\4R!?">3_:7$+D_]5A*W.5(-MT]-QI,+!^.GPENSR.N_3);(O M>%GTHH5G85MI'#FC#S>;[J9!]!"L9#>WE'3A_RR!@L;'Y?>PMM.3F@*/_?6# M++^T_`102P,$%`````@`(SEE1ZZ@/#2D`0``L0,``!D```!X;"]W;W)K&UL;5/;;N,@$/T5Q`<4AR1-%#F6FJY6NP\K57W8?2;V MV$8%Q@LX[O[]`G9T;ZX%\.1=*^/.M/6^.S'FRA:T<`_8 M@0D[-5HM?`AMPUQG052)I!7C6?;(M)"&%GG*O=@BQ]XK:>#%$M=K+>R_"R@< MSG1#[XE7V;0^)EB1LYE720W&233$0GVF3YO391<1"?!;PN`6:Q*]7Q'?8O"S M.M,L6@`%I8\*(DPW>`:EHE`H_'?2_"@9B$'3"WLHV")RJ61E+WSJ.\42K1X'V=ITCR,.X?C1%LG\(G`9\(Q M2\;'0LGF-^%%D5L2<:^"5L(XTC5_3A9M/=U(@> M@I7L84])&_[/'"BH?5P>PMJ.3VH,/';W#S+_TN(_4$L#!!0````(`",Y94<2 M1QTKH@$``+$#```9````>&PO=V]R:W-H965TEEY+6535>U#I2@/[3-KCVT48%S`Z_3O"]CK6*G[`LQPSIDS M7,H)[8OK`3QYU)9] M8%I(0ZLRY9YL5>+HE33P9(D;M1;VSQD43B>:TUOB67:]CPE6E6SE-5*#<1(- ML=">Z$-^/!<1D0`_)4QNLR;1^P7Q)0;?FQ/-H@504/NH(,)TA4=0*@J%PK\7 MS;>2D;A=W]2_IFZ#^XMP\(CJEVQ\'\QFE#30BE'Y9YR^P=+"?12L4;DTDGIT M'O6-0HD6K_,L39JG>8<7"VV?P!<"7PF?LF1\+I1L?A%>5*7%B=CY:`<1;S`_ M\G`0=4S&OH-%%_8BHBJO%<\^E^P:A1;,>8OA"9.O"!;4UQ)\K\29_T/G^_3# MKL/#AGZ8Z7FV+U#L"A0;@>(_+>Y@\O=-LLV9:K!=>CJ.U#@:/Q_>FEU?YP-/ M=_(&K\I!=/!#V$X:1R[HP\VFNVD1/00KV=T])7WX/VN@H/5Q^3&L[?RDYL#C M&UL=5/;;IPP$/T5RQ\0@R%MM&*1LJFBYB%2E(?V MV0L#6+$98ILE_?O8AB6HI2^V9WS.F3.^%!.:-]L!./*A56^/M'-N.#!FJPZT ML##+&CUL+\ M.8'"Z4A3>DV\RK9S(<'*@JV\6FKHK<2>&&B.]#X]G/*`B(!?$B:[69/@_8SX M%H*G^DB38`$45"XH"#]=X`&4"D*^\/NB^54R$+?KJ_IC[-:[/PL+#ZA^R]IU MWFQ"20V-&)5[Q>DG+"W?6U!-\K<>+_T/D^/=MUF&WHV>(PVQ?(=P7RC4#^GQ;W,/E? M1=CF3#68-CX=2RH<>STO.Z/S-QKMI$!UX M*\G-+26=_S]KH*!Q8?G=K\W\I.;`X7#](.LO+3\!4$L#!!0````(`",Y94=V ME\X\H0$``+$#```9````>&PO=V]R:W-H965TU#I2@/[3-KCVT48%S`Z_3O"]CK6*W[`LQPSIDS M7(H1[9OK`#QYU\JX,^V\[T^,N:H#+=P#]F#"3H-6"Q]"VS+76Q!U(FG%>)8= MF1;2T+)(N1=;%CAX)0V\6.(&K87]?0&%XYGF])YXE6WG8X*5!5MXM=1@G$1# M+#1G^I2?+ON(2(`?$D:W6I/H_8KX%H-O]9EFT0(HJ'Q4$&&ZP3,H%85"X5^S MYD?)2%RO[^I?4K?!_54X>$;U4]:^"V8S2FIHQ*#\*XY?86[A$`4K5"Z-I!J< M1WVG4*+%^S1+D^9QWCG.M&T"GPE\(7S*DO&I4++Y67A1%A9'8J>C[46\P?S$ MPT%4,1G[#A9=V(N(LKB5/#\4[!:%9LQEC>$)DR\(%M27$GRKQ(7_0^?;]-VF MP]V*OIL='K<%]IL"^Y7`_C\M;F$>_RK"5F>JP;;IZ3A2X6#\='A+=GF=3SS= MR0>\+'K1PG=A6VD4B? M67MLHP#C`EZG?Q_`7L=JW1=@AG/.G.%2C&C?7`?@R;M6QAUIYWU_8,Q5'6CA M;K`'$W8:M%KX$-J6N=Z"J!-)*\:S[(YI(0TMBY1[MF6!@U?2P+,E;M!:V#\G M4#@>:4ZOB1?9=CXF6%FPA5=+#<9)-,1"&TCX@$>)4PNM6:1.]GQ+<8 M_*B/-(L60$'EHX((TP4>0:DH%`K_GC4_2T;B>GU5_YZZ#>[/PL$CJE^R]ETP MFU%20R,&Y5]P?(*YA=LH6*%R:235X#SJ*X42+=ZG69HTC]/.CL^T;0*?"7PA MW&?)^%0HV?PFO"@+BR.QT]'V(MY@?N#A(*J8C'T'BR[L14197$J>WQ?L$H5F MS&F-X0F3+P@6U)<2?*O$B?]#Y]OTW:;#W8J^FQU^W1;8;PKL5P+[_[2X@>'9 M7T78ZDPUV#8]'4 M@I7LYI:2+OR?)5#0^+C\$M9V>E)3X+&_?I#EEY8?4$L#!!0````(`",Y94>S MAIR8GP$``+$#```9````>&PO=V]R:W-H965TE;_EKH-[J_"P1.JW[+R;3";45)!+7KE7W#X#E,+QRA8HG)I)&7O M/.J90HD6;^,L39J'<>&UL=5-=;Z0@%/TKQ!]0E'&ZS<0QZ;1IN@^;-'W8?6;T MJJ3`M8!C]]\7T+&FZ[X`]W+.N>?R48QHWFP'X,B'DMH>D\ZY_D"IK3I0W-Y@ M#]KO-&@4=SXT+;6]`5Y'DI*4I>DM55SHI"QB[L64!0Y."@TOAMA!*6[^GD#B M>$RRY)IX%6WG0H*6!5UXM5"@K4!-##3'Y#X[G/*`B(#?`D:[6I/@_8SX%H*? M]3%)@P604+F@P/UT@0>0,@CYPN^SYE?)0%ROK^I/L5OO_LPM/*#\(VK7>;-I M0FIH^"#=*X[/,+>P#X(52AM'4@W6H;I2$J+XQS0+'>=QVLFSF;9-8#.!+82[ M-!J?"D6;C]SQLC`X$C,=;<_##68'Y@^B"LG0M[=H_5Y`E,6E9"POZ"4(S9C3 M&L,B)EL0U*LO)=A6B1/[A\ZVZ;M-A[L5?3<[W&\+Y)L"^4H@_T^+6YC;;T7H MZDP5F#8^'4LJ'+2;#F_)+J_SGL4[^8*71<];^,5-*[0E9W3^9N/=-(@.O)7T M9I^0SO^?)9#0N+#\X==F>E)3X+"_?I#EEY:?4$L#!!0````(`",Y94>T?6Z^ MH@$``+$#```9````>&PO=V]R:W-H965TDVS9R+#5=5;L/*U5]:)^)/;91@7$!Q^W?%[#C6KO>%V"&<\Z06!V+'H^U$O,'-GH># M*&,R]ATLNK`7$45^+CB_R=DY"DV8XQ+#$V8S(UA0GTOPM1)'_@^=K].WJPZW M"_IVB0;^"-M(X\@)?;C9=#P0``!D```!X;"]W;W)K&UL=53=CIP@%'X5X@,LBH[;3AR3G6V:]J+)9B_::T:/ M2I8?"SANW[Z`CFNF]$;@\/T=!:M9Z3]7\L/3$_?RF_C5TZ])?J(%GQ7^QU@XN;)J@ M%CHZ8B:'"("^9U)#%/$3G0X!N@^7P*!&3=(NQV"K;O?L MB833]0&OJY'V\(/JGDF#+LJZ,QI.6:>4!1&UL=57=CJ,@%'X5XP,,BEK;QIJTL]GL7FPR MF8O=:VJIF@%Q@=;9MU]`ZQ@\O9&_[^<5$O8B>=F;E*B0GV@QEC50O*;DX$F<(1]$&<=)V85FXN3=9%N*F6=O1-QFH M&^=$_CM1)H9#&(>/B?>V;K2=0&6!9MZEY;13K>@"2:^'\!CO3S&V$(?XW=)! M+?J!#?XLQ(<=_+P)D1EUBRB M+.XE3O("W:W0A#DM,=AAXAF!C/IL@2&+$U[1,4Q/P`B3!3T9Z5$$"Z2@0+H0 M2*<4MUZ*$&8'FV2@2;82V/H>:PA.GR2R`3TV*X%\XWFL(3A]3[0*`GQQ^#E_488T#"_P%`D/\'H$4)XE36KM*JH!*W3H^U9IZ=J_G1 M%7/T!2^+GM3T%Y%UVZG@++0IA*Z47870U,02O9AKU9CW9AXP>M6VFYN^'"OP M.-"B?SPH\ZM6_@=02P,$%`````@`(SEE1R*/LV2M`0``%@0``!D```!X;"]W M;W)K&UL;51?;ZL@%/\JQ`\P+*W;TEB3=-OMCYA$!\$?`:%9SXK.? M$#_]XK4Z)*F/`!)*ZQ6X&\[P"%)Z(6?\-6O^6'KB>GY1?P[=NO0G;N`1Y5]1 MV=:%31-20YQI'HZ=/VW)_@9L_X?)74/P' M4$L#!!0````(`",Y94=IX*/(UP$``$4%```9````>&PO=V]R:W-H965TQ,;'- MDKY];<,21*<7;(^_GQF;<39*]:X;`!-\"M[I<]@8TY\(T44#@ND'V4-G=RJI M!#-VJ6JB>P6L]"3!"8VBA`C6=F&>^=BKRC,Y&-YV\*H"/0C!U)\+<#F>PUUX M#[RU=6-<@.0967AE*Z#3K>P"!=4Y?-J=+JE#>,"O%D:]F@TI:Y[HCI;9L07%[@QUHOU.C4=SYT#34=@9X%4E*4I:F MOZCB0B=%'G//ILBQ=U)H>#;$]DIQ\_\,$H=3DB5SXD4TK0L)6N1TX55"@;8" M-3%0GY+[['C>!T0$O`H8[&I-@O<+XGL(_E2G)`T60$+I@@+WTQ4>0,H@Y`O_ MFS2_2@;B>CVK/\9NO?L+M_"`\DU4KO5FTX144/->NA<8UA$9,M".K5EQ)LJ\29_:"S;?IN MT^%N1=^-]&RW+;#?%-BO!/93B]FW%K;1FA++NC\S<:[J1$=>"OIS2$AK?\_2R"A=F%YZ]=F?%)C MX+";/\CR2XM/4$L#!!0````(`",Y94&PO=V]R M:W-H965T]!^IT:CA/.A:9CM#8@JDI1D/$GNF1*=ID4><\^FR'%PLM/P;(@=E!+F MWQDDCB>:TEOBI6M:%Q*LR-G"JSH%VG:HB8'Z1!_3XSD+B`AX[6"TJS4)WB^( M[R'X79UH$BR`A-(%!>&G*SR!E$'(%_X[:WZ5#,3U^J;^,W;KW5^$A2>4;UWE M6F\VH:2"6@S2O>#X"^86]D&P1&GC2,K!.E0W"B5*?$QSI^,\SCN'F;9-X#.! M+X2')!J?"D6;/X0316YP)&8ZVEZ$&TR/W!]$&9*A;V_1^KV`*/)KP0^[G%V# MT(PYKS$\8M(%P;SZ4H)OE3CS_^A\F[[;=+A;T7<3/;W?%L@V!;*50#:WF'UK M<0NS_U:$KB@3_"-)VVY(+.WVR\ MFQK1@;>2W.TI:?W_60()M0O+@U^;Z4E-@^C<3HU:<>N6NJ&FU\"K0%*2 MLC1]I(J++BGR4'O518Z#E:*#5TW,H!37_\X@<3PE67(KO(FFM;Y`BYPNO$HH MZ(S`CFBH3\ES=CSO/"(`?@L8S6I.?/8+XKM?_*Q.2>HC@(32>@7NABN\@)1> MR!G_G34_+3UQ/;^I?P_=NO07;N`%Y1]1V=:%31-202A>%HZ!)D;1/A18[$/[K,1*;*QDN9(2;_^^DJQDG7.&&^^+=?'P:,@1 M1T.N3DW[K=N59;_X7E>'[F:YZ_OCYRSK'G9E772?FF-Y&/YY;-JZZ(?+]BGK MCFU9;*=&=949I5Q6%_O#Z[IH_[LMJ^9TL]3+ MUQM?]T^[?KR1K5?96[OMOBX/W;XY+-KR\6;YF_Z\L1-D0OR]+T_=Q?EB)'_? M--_&BS^W-TLU.[ZIGYMLES4 MQ??S<7^8CJ?S/T'-S7`#,S< M<\'9,RZWN:1L7-2>498PD\><&&R#8-918J`=).W`0.>X@(<%_/5O9X`%`F#` MU+D-HJGXL=;Q.JTE#&J-8&FM1\-'EJ?` M6"?ZK1.NJ8'>B6FBL9]I`UA$[KQ&=#AH19;;KX3I2%I,;XC3P:>88R/5P$FC MXLQ)OJS:V<"92YC1T1@N/,2YX!*?$(W]5`-#C:D2V-YT_@O*8[/1R&V$\DYT M6/&QDQ`=8N03'<",BC%A;QK[F_;7:.X_YBPA(V?QHDK8R#DF.&-+U:YM@CDW.Z"LTGT'O M',I[*YA+F(ZY,I$S1S@5*:&\261%X*V1$B6PR1GZ!>6QVQ@4WX3R,G*97'&# M1RA+/&)#E'8)TMC?C,QO0'29N4@'/M<1RD8>DQ&*?$HL[*@&.&I,O>S8X`Q* M<"F]L=\8E.&$WC)WY4K,%@GREOC``5">&C=L;T8&.""V#%W>$&<,)!,&M,PID(FQN!]"95EYF+K!(;"0@6HN7?(@1S M%%)S'3LJH0276*D1MCA""2ZANL6.8U&"XZI;&;D<7\7<(1#?;=M\`'K/&!N< M!,?9&$"``"D"```&0```'AL+W=OQXN2-)B_T(ZT\LZ5L@8+ M.64WCW>,X,L@:FH/`1!Y#:Y:-\^&M5>69_0NZJHEK\SA]Z;![,^!U+3?N]!] M+KQ5MU*H!2_/O%EWJ1K2\HJV#B/7O?L%[DX0*60@?E:DYXNQH\R?*7U7D^^7 MO0N4!U*30J@06%X>Y$CJ6D623_X]!?WW3"52<`DLPO0 M)$"S``;_%?B3P-\J""9!H`F\,96A$"0P6:F,.202/SF3B:1*PA)Q/QX8QXTN-L%%F-HH7>GXRF M]@"^-8"_"!",!@#0,AV9=F#B@8G@PN:8K`FEB1]IZ9H0A'$,[(8#J^'`,(R` M5M5#L'A,.#!A&,>:81."($Q#S;&%"F"RXCBT.@X-QQ"M-#FR!HBV-SFV!H@W M-#DV$HT@\K6:F9!LLEXR$X(P6C.<6`TG&YJ.CPC?S`[%:UW#E3(4^:X:RX4BJ(#`A> MY%M=RD^&>5*3JU##6([9>(B.$T&[YS?!_&&2_P502P,$%`````@`(SEE1PD) M%PV/`P``*!$``!D```!X;"]W;W)K&ULE9C=GTHKTFMAPS`>0"B=NWKP3$Q:O%=6["W[?+ MD5::Y/1C31;^KLF[O%X>N.][%<;L]F"IO/]BCJ=V3O6VJO'.7S5/< M'AN3[_J@JHR!L32N\J)>K);]O6_-:FE?NK*HS;_8%Z#*GSV8<0^(3;FW9]G^C[4O;V>HM9!%5^>_A6-3]\30\ MR=@81@?`&`#G`"ZO!H@Q0-P:(,<`B0+B82C]1&SR+E\M&WN*FJ%ZQ]PO$GXG MW51O_4T_LVX26O?,$ZOEZTHP6,:O/M'(/$P9Z!E$K$-"(603(H*?D=AI/`L% M4BA,XL4@(@,Z@2`3B$D".280:*0#4_>,&L:AN=!HM"$E,JXR-&"*2A-&2Y:D M9$E(EDBRG+PFZ1G.,JD3I#G$E,YDBC03E((LHS4GI.8DT*R0EH^$4Z;&0>BW!K;+@3CE8QI_)D0&*[U5>12+^V=G#!/S;!>$>KE&3"L M-\0"O=>02[VTV@I1Y?2V*H=8,&O7D$N]M(EQ M=4N5U6U5#K%`[S7D4B_MF3PT3<'2F12TA7%]NW$#[2@0.DK86(S0=*RI^R>- MIF1-8-Z[T>1N2$S)N7Z*MC'@A&[<78S014<@`+!_$Y@W<-Q>T!C7,[IG&L'0 M.P53,REH.P/QCJK3#@-4;Q94G6C.,DRM24KC=I*B-,R)ICT-PN:,*#G14&4* M^Q%!">`"BR8HH>:*1;LH4,W9C!$#;6SPCO8,:*\!JD$+ZATV5:X137F#` M=8IW3"26S7XMM,%!V*01)9]V5N.^APF)]ST$)E(!0=$IC`>M93S9HA[S)_,U M;YZ*NHT>;>=VN_U^=6]M9UQ*]L&MHX/)=^>+TNP[?ZK<>3-LY(>+SA[??I&ULC5;;`GEJ.=MUI+H*"$)Q4+.R\?.L6WMN\TR<554V_+GU MY+FN6?NWX)6X+'SL7Q=^EH>C,@M!G@4C;U?6O)&E:+R6[Q?^$YYO,#*0#O&K MY!W:NU$]Q^<8'#Y$1W(I*=O^][5DJ45\IOE>S M]_Y:-MWUTK])T4!S$\A`("-AC.,FT(%`/PCA?PGA0`COC1`-A.C>"/%`B`$A MZ(O5E7K%%,NS5ER\MM\?)V:V(9['NIE;LVAZI\LL]3N#R+.WG*)9%KP9H0%3 M3#%DP'R&K&P('A&!3F#,@KBR*(A%)Y\#+&T$Q2"'+T767XML;$A"W$ZHLYYT MPJ=#".06")T"X40@'`1`DD6/:3I,TF%`/Y8V@H8IJ)<#`V36#DB$;W0VZR(K2@/.(+ML4'0 MSSTR:PS)V+.X/D2.]97>+[N!Z\/^3P[ ML0/_P=I#V4CO12@]070SP%X(Q77^Z%'_'A[UL#D^5'ROS&VB[]M^_.H?E#A= MI\EQI,W_`5!+`P04````"``C.65'^\W60D`$``";&```&0```'AL+W=O'8=`WV\^24NW_F8@]<9 M;D5>]Y_6]EPWHO@,F5E%^F?XSLK^^S+\$CIC&`Z@8P"]!ES[P0%L#&!?`>[# M`'<,<$U[\,8`S[0'?PSPI0![*%9?ZDW:I,M%)2Y6-:R/4]HM0S+WV\G<=HW= MW+5EKMO?.L5R\;%DQ%W8'YW1J%G=:NB@<>XE&U5"K@J['UN_4@-#H&A1U%=ZE&H2=5%JC=J8$LTS">@N#H+".Q70I\H+R8E82;E9>IR"^3BJIK`"^7BJB(217)M M59$7Z0J#\4T`OZEFY1,,0^*!VFJ00C!3B`]J*]]%1M%MMHY8SSQ7SEJ5*5D;.<733LE#R7WFF)0$H9)I+#`K"8*E M9L51#$N*8"FO.*JR2UYQTY+-M"2>EB0/)?<98XI21%%78X$I2A%%=77'%*6( MHO*ZIRK7T+H',J7V1D[QM%/R4'*?.28M1:35%0^3ECY!6HI)2TU(2U6ZJ0_L M0*0^L9LXQ29."1+I'MHI9BXU82Y5^>917[Z'`Q5X;C?RBHV\$J#2/[E3C%Z* MT*NK(48O?0*]#*.7F:"73:-W6K*9EL33DN2AY#YCC%Z&T!MH+#!ZV1/H99I7 M?1/T,O!(20+YS0NH?"9?UQLCK]C(*T%>;J";!DQ@A@BL>0E@F,#L"0(S3&!F M0F!F0F`@4@ELXA2;."5(I",PPP1F@,`TTEA@AK'PB1G`#&.1R840*9M$D?R: M##2^[\L3,&T4FQ@E2,3DS.V;C=2"5X=^S[NVMN)<-D.]KJW7??57VFW$2NTK M,E\3T+XA\WC8-?^R7RY.Z8'_2*M#5M;6FV@:4?0;N'LA&MZ.W?G67C='GNZN M)SG?-]UAT!Y7P][Y<-*(T^=?`=?_(Y9_`5!+`P04````"``C.65'6%UA?]\" M``"=#0``&0```'AL+W=O*JWVT)Z]B9.@!9QB9[/]][6!I,0>()?P]V0U%4_\Q!IU9<_;FDIUV!X\<6H9W75!=>5A MWX^\FI:-FV?=N9YUQ.OY>$H]0DOS[Q; MW*ZL62-*WC@MVZ_=KVA58%\C'?&K9!T^#?.W_7!C]W:];4&5K&MU"FH MVGRP#:LJG4G=^<^0]/\]=>!X_YK]6U>NDO]&!=OPZG>YDT>EUG>='=O34[&VH(=<(MKT3WZVS/0O+Z&N(Z-?WLMV73;2_]E<0?PN``/`3@6P`BLP'! M$!`\&D"&`&($>'TI72,**FF>M?SBM/V_=Z)Z2-"*J%9O]4G=6=4$H:YI(L\^ M\B#P,^]#)QJ8YS&#.P;?$QN;B`VDL)$`W1!/:;P)Q:!0/(H/!J$3"0(P03!* M0(8$ALCGGFDZ)NX81`*C5IM)TL@H%F!\'Q9+0+$$$!O`"4(P0?AXNR(P0?1` MNZ)1F>%$NVS&;A?`3+4K!L7&@%ABB(VMFQASOEDDBCGB3F8"RDP`F:$A,WF@ MIS9C]Q1@IGJ:@F)38((B.(%V5LA;?*#>V#07WQ+Z)4E-?P&@R/R'"Y`*XPG- M$WZ(`,V)J1DMSM(R4LPB]UIA2T08T)J:6K%UEY"88FT&1Y:!V]!X,N\%PQ:, M`GNFR%3-L#$BP!D),FLFP`-BUFPSP$0!T.1`P4:,P@>\:8!F!VH1*6:1>ZVP MYR/(]$V#0I"CFV)M!F@N`$TV%_9]%`,#A2=2P)Z,(%.V3,IV4\"D``BH&J(F MRX:M&:6/F%2Z/%.+2#&+W"_;X)<`AEX"IDGAL7/'H-9EI)A%>JW>:%U\H@?V MD[:'LA'.&Y=JB=TMDO><2Z;2^4_J<3JJ;Z7;0<7V4N_&:K_MOQ[Z`\E/UX^A MVQ=9_@]02P,$%`````@`(SEE1Q!'8CU^`P``2A```!D```!X;"]W;W)K&ULC9A-VC.Q MY9@)(!=(G/[[BH^X9+6D7,*'GUV]$MI74M876S\U)V/:X+4LJF:S.K7M^38, MF_W)E%ES8\^F510B,J;#,\FJU7??O[NOMVCZW M15Z9^SIHGLLRJ__-BN^>GOQ(W\\M=V+<+L.KW&'O#15D]LJJ,UQL_K, M;U.0'=(3/W-S:2;W02?^P=JG[N';8;-BG093F'W;ID M_]KL`J?W;]F_]-UU\A^RQNQL\2L_M">GEJV"@SEFST7[PUZ^FK$/49=P;XNF M_QOLGYO6EF\AJZ#,7H=K7O77R_"+9F,8'0!C`%P#N/PP0(P!8FF`'`,D"@B' MKO0#D69MMEW7]A+4P]<[9]TDX;?2#?6^>]F-K!N$QOW6$=OURU9(L0Y?ND0C M#DS5 M,_'0CX2+!/76IX3FL48=IB@5,5JR)"5+7[*,D&0Y:28:&`"-/Y!/21X+]*%3 M(I=6&YQIF2`I M.Q^+$XV[GA)4#%K3FF-2<^QIYC!329I,H)=74D(F2!944N*/FH@41X-&44J@ M+Y`2E'1SG);F7%?<=3@BF-1\_'@"?*&ST*TSR9T4U[**=,U*LLRD4Y M>+H)3(H$+ZTT!M&,;MI'N6^D1&7%Q`JC\:3>49AG8V2N&$I`8EW.ZZ06#$RN&G)EE0/LWL.4%!K25`F&E7H&!;X(0<>RF M)!6C(4XI2C$Q(WIFVTMY*JXN\%V0*_!$^Q0P@5YH;6M<1G;CK/SD#O;7A\(&PO=V]R M:W-H965T)Z.C# MS)FRY24:D`=PN>?OAZU4N10@YTN]?%I2I=5=%[_*LU*5]3M+\_)E<:ZJ MZ]*VR_U994GY75]57O]RU$665/5G<;++:Z&20QN4I;9@S+.SY)(OUJNV[4>Q M7NE;E5YR]:.PREN6)<5_&Y7J^\N"+SX:?EY.YZIIL-+>:Y-^T_M5\_'EX6;`F!Y6J?=50)/7C76U5FC9, M=<__]J2??3:!P_U[R]GGO?@E8'X8#1!\@'@&N^#)`]@%R;H#3 M!SAS`]P^P)T;X/4!GA%@=\5J2[U+JF2]*O3=*KKY<4V::CD@D#V!BPD<2.`,")R>P#/&KL/D+<9O,=\\ M+_08,T9P"X#"83X![@#0=WA`@!'J.I!B"!R)=*%(EXCDOCE!W4%/;C]!!95( M8<*CE=A1F.LZ5!Z%!<*?%.=!<1X80=\0YY%^3%T4P5W&J#"`8QY01G$!&P_P M2)H/I?E`6F!(\Y]*HPB)E$W`#%T`9=1II"N`N@*P:D-,$$*"D!;&S'03DDP= M%CA4TI8"_9"69RY=-(LN#LG"YKR=<;@,C;,CYV&T$![Q%48R^B9"05=M!)$T M=P3SOLA]PC4YR5TPPT0V/6A8)^F'G"ZX+4#Z8.>=31C-(XP!C#-W>D5PZ,RO M7("1Y&8U!)V$9ADHA)LE>,H2/6>)OV09*\;6S2503,8?@:2IF8)"WTP7$4TE MC(\*')P5/-=,F#HV=\&F`W!DJLZCB@#."Z?G'SXB<'I&D$XP08&-F`^=^,FV MSK'A<>!X9&/GU(,X`)J?/9!P;-*<.#39W:I72;Z#SUY;`#B.`PY"U)>BN+IFD`P)PYF#,I(J>4\7/J<8%P(8C MD`60K"6=_F")1P!'L@948OI?`(%=1U#7H2M)4`L0`AR2`(X48!Y5])PJ1E1H M]=B#BY9,%:?V3JRT]OJ65]UL?[0^[MU>VXL:HWW#EUL.VG=\&76W:I_TZ]4U M.:F_DN)TR4OK35>5SMH+GJ/6E:K39]]K2SRKY/#X2-6Q:E[]^KWH[M:ZCTI? M/ZX*'_>5Z_\!4$L#!!0````(`",Y94=-KU\%R0T``#IM```9````>&PO=V]R M:W-H965TK MW<5?3X_/VX^7][O=RX>KJ^W=_>IIN?UU_;)ZWO_EZWKSM-SM?]U\N]J^;%;+ M+Z\'/3U>^:[KKYZ6#\^7-]>OC_VVN;E>?]\]/CRO?MM<;+\_/2TW_[M=/:Y_ M?+QTEV\/_/[P[7YW>.#JYOKJ_;@O#T^KY^W#^OEBL_KZ\?*3^U!="`?F%?GW MP^K']NS_%X=7_WF]_N/PRS^_?+SL#B]B];BZVQTTEOL??ZX6J\?'@]3^J?][ M4OWYI(<#S___IEY?X]V__L_+[6JQ?OS/PY?=_?[E=I<77U9?E]\?=[^O?_QC M=0HB'03OUH_;UW\O[KYO=^NGMT,N+YZ6?QU_/CR__OQQ_,O8G0[#!_C3`?[] M@/?GP0>$TP'AYP&Q>4`\'1"MSY!.!R3K,_2G`WIRP-5QL%Z'>EKNEC?7F_6/ MB\WQ!'E9'LY#]Z'?OYEWAP1`Z,;?GC#\R MW1R9..+>B:O]"WA_%1Z]BEO/#O?S)UAP(CCR&E21HHM4C@P>1Q+@>(:SX\-I M/`,$A%]U(3WN+5#%)54!U*2<<^P!C M'\#@92PP0H&1#5X8R.N\'?GK](X,\0)`G:.#!Z`TTL'C4!XCCBG#F#*(B5ST MMYD]R2_.D[O@@D,DZ@G(].0:*9SQ0CB'A(ANV!T(B-SH;D_0^=.0T5_HR*0C MI8G,PQ'RCP/A!!J.T\-1D4E'2A.9AP,3V2?G03B1AN,MYQN@Z`F'A-@9!R#Q ME,,YS0405*)!!?T]4I$)(,[1@``CO4LXQSJ>9,/`7$_4`U*1"2`Q4E_2U)D' MA-.F2R`@:AM.4#,@%9ETI#21>3@XB3N>Q<-`T[A#&3-3WP@IFJ\FDU;1M.:A MX1SM!A":D*0=SM+N/$TK'M/AI.A`5J2.Y-;Q7!5]"GR(.1?2Z%F^-^H5HUX% MG,]#'J29!\ZGGN=3=N5XGN4.+CF3@0`8LMPVM6)3JPB37;?'6=@[?DJ-TCCB MS.=!YANI+_$\%X5]3(D.),!Z=H).-K5B4ZL(&W,49G\>ITH/4N5([8Q'28ZZ MA`6B]B^(CH%%JYBT*J2DZ9?'J=6#U#I2`^3UU`H0W^7,PE>5BDVI`LR-.?=" M]#@/>Y"'1^J4/$^/XS!$=A%PS.4N!S8$)KEBE*N02YT7T).G^BP0<:/X=<2NQ>:)`J M)JF*J*$3I@P>>Q0/2@FL$.-1+:'/K)(%.)]BSXJ01KUBU*N0RRD(7LMCK^7/ MO=9;;A6NIH`]2@!S_DSM6N!&8.CVYRT93("%WM$IR613*S:U"K'@!9,2L$D) MH%20:2DG\!F\'UEU#U"!39@FDU8Q:55$>2<-`+98`5@LZIYO`[WE4! M1NOI-J6B*]4F,H]>6W$#7U,;"AL>L6H5Q'GNS$*7B-@LQ7.S9:R:A*P70G(KK#1Y,8@17Y: M`?L0DF-#:1$K-K$*L+UU%XI.`5N6@"P+=6P!K$=0XPZ8GJZI3@:A8A&J"`K" MLE'`#B7P:A#S:H$76\"J&:#0LIE)K-C$*L+DE;.('59$#DN8^T5L3R*HH8A+ MOSC!1U1#H3XO@K2,RG*`@V4YHUXQZE7`M1IQQ4@D,8*,'9U(I-K2),+L%%G`TC*CU0 MKQA!*9^7X!#%2W`FK6+2JI"2$1IG#J9R)/FV&>ZUV$!,)<[[Q(=`I-<,@D,4+\&9M(I)JR)*+,$EG-,3R.G,T"6P?-+3$AR`8J+A6Y2*1:D"*$FE M@H3-2`*U$N;I$J])N/W,CCEZP/GDQX[>"8QZQ:A7(3=T2<@'"9NJ=&ZJE/I; MPF8DH?(#]66).P!4?P,8JK_9U(I-K4),K+\E[%`2*C[0^EL"Q0)>?P,4J+^9 MM(I)JR)*K+\E87,B*CE0?Y6XAT'U-X#1^IM-J>A*M8G,(\>>*@%/Q>IO"?D@ M4'\#'*J_&>6*3:YB3*J_)6RM$K!6K/Z6@-N)W>#I)DG$91\\NZW:](I1KT*N M3^(]$?NL!'P6J[\E6,%P_&H`7.H26^LTZA6C7@5AH]L`7\/H;H%#]S216;&(58'+]K<>6I4>6A=JU7M\)JB.3CA0=J4UD M'C%V)CTO]_#-ZKR:@MYSL,""WG.+6+&)58`UWG-LK'IDK(1;GWWI(Y,.E)TI#:1><3"IR1X/F?5M1Y];H%O>@,8VO1F4RLV MM8HP>=-;CY-Y#SXO(57<>IP$>U1LH(ZPYTF&G3DJ,NE(T9':1.81XUS7HZH" M=8(]G[VSB%5DTI&B([6)S#]4@U/S@%(S]7R#_H$+'9ETI.A(;2+SB'$F'E`F MIF9DT#.QCDPZ4G2D`D2XC@>T\$)K90-/>"QB%9ETI.A(;2+SB''F'=!& M59H"!K`%(M+B&(#.[\2GJ`U*Q:)4$219A@%;A@'M4:7&:P#[07GL'`*Q&Y2* M1:DB2"J*#MCK#.`3EM+,;\#F84#%`&J7!IZAV<6B(I..%!VI360>L?#!2C3M MIY6O05]1T9%)1XJ.U"8RCQ@;FP'-[JFQ&71CHR.3CA0=J4UD'C$V-@,P-JS$ M->C&1DG;6D4E'BH[4)C*/&&?GD6=G5K`:]>2L(Y..%!VI363>M0(GY]SQLT0J M3F6<0XBV4TC:<>+NO3>!V9=*3H2&TB\XAQ MTLTHZ5(/E_6DJR.3CA0=J4UD'C%.NADE76HS,D]Q`^U8L4"0IW5KBU*Q*%4` M.9^%DG7&>3>CE0I:I\KZ2H6.3#I2=*0VD7G$..%FM)N3WODS^O`GW7,"(,^6 M*2Q*Q:)4%6@>.W8*&6WDI#8K@TV3O`T&I%@;#)-6,6E51)VW=YH/`/8Y&72Z MD(I566C_A*;UU"IEW3GHR*0C14=J$R$-HJ0.46AB3\M5;U0K:`,S&9AB8&J; M(8$+O:0Z-)?GO;$,W:1T9C(PQ<#4-D,"%[I.=>B3H:R+5J<['P,S&9AB8&J; M(8%C^_/ZN%K#>J.4>R3&>*\@DUJQJ56(B?=)UPD-K3JT-Y.UZ.J`!4'C@#`P M#A:U8E.K$&N,@]`'J_L;#21=)W2?ZI#GX(.IKW`8F,G`%`-3VPP)7.A-U5F: M5KQ1[<#UE0X#4PQ,;3,D<*&C5L<+*LQHO4'MN/6*BH$I!J:V&1*WT`:L`^Y( MVD7CI(:4[F^4*IS8!M+R@04'^C/N+_DNTJVU"/1A8+OLK8+%*%CGW'L3W%X< M#B&AHSZ266H3)[5MG/5M5!K".JE5(NR52`VT`QT,,]OEBZC!T7(OHF83Y;=W M!(AUT@4@]4V$C1.9508-#7]QK&$3PEC2A%*T4ET0)C;ME)HHPBZ*S`V#IH;\ M?3.D,9TI;88$):0HV#^1]XLUI"B=F0Q,:3,D*"'].%#/YUUC';_?P[,0?!B1 MQ86DP%D(&B")9Z&08E"K2=X\%O1RY&^8/@5'#(_*/L,6>D8ZT#02-)`%K1E9 M4#HS(28DEJ&:2B0L(0E[D(1Y&UEOF#_KS&1@2ILA04D=F5%+9N8L0/='7C&& M%"L9F[2*ID6"$U(\Z#<9Q20HM&QTLYZ-FD\0.A\ZU/J0^P307=!GYMX@Q8?9 M0!5(21WDG=#-T*%VAMPF@+Z!;+L\@OB5@1H-LXEU4XG$)613U*606P30$)!? M\(9LJC.ES9"@A&R*>@]RBP":^_&@#+,YG2EMA@0EI%&/TBAO+`]ZX?`ST)!' MD1`X`^V95.ALZ%!K0]!;WI!)=69"#+LO`T9L+R]T*G2H52'W!Z`G((_*D$@! M0]>`2UN(1"5D4M1_D-L#T.R/1V6H,NM,:3,D*"&#HM:"W![,NO<=I_5\A1%1 M(&]9M(JF=0SNZNQKGIY6FV^OW\BUO;A;?W_>'5/Y^Z/O7_OUR1^^)HH\?NL^ M+!QX?'(?RO$[O7[*WUR_++^M_K7/AZ^7^KI>[U;[%]_] MNL^Y]ZOEE_=?'E=?=X?_'G:?;X[?['7\9;=^^7CZIK+WKTN[^3]02P,$%``` M``@`(SEE1V]M0Q+1!P``ES<``!D```!X;"]W;W)K&ULE9M+;]LX%(7_BN%]:O%-!HZ!QL1@9C%`T<7,VDV4Q*AMI;;2=/[]2+:3 MAKR'#W?1Q,[1U2%%?KQ7E.:OW?[[X:EM^\FO[69WN)D^]?WS]6QVN'MJMZO# MI^ZYW0U_>>CVVU4_?-P_S@[/^W9U?SQHNYGQIM&S[6J]FR[FQ^^^[!?S[J7? MK'?ME_WD\++=KO;_W;:;[O5FRJ9O7WQ=/S[UXQ>SQ7SV?MS]>MON#NMN-]FW M#S?3S^S:.S=*CHI_UNWKXVDU[UX\A5L./G^VR MW6S&2,.9?YR#_C[G>.#'W]^B_W%L[F#_V^K0+KO-O^O[_FEPVTPG]^W#ZF73 M?^U>_VS/;5!CP+MN_F*;\V'X`'X^ M@+\?P$WV`'$^0-0>(,\'R.B`V:DIQX[PJWZUF.^[U\G^=/6>5^,@8==RZ.J[ M\&RX=$ID$:$&H\T$AL1L#O$AP#B'$#A`!(&D!\"R',`'?7G2;,[:LQ1X^0P M$8=_49.IT!HD]""BB(2!=P6]*^#=1-[5AS.ITX46$GE'0HN\`V'<&X%W#;UK M<.$L#F!@``,:[Z+&&V*5#VT2M/%4R*1@AC8>1!Q.*Y.-M]"[I=Y9=*9;2\YD MA162>@=";1I+O:.(I[&`O3OHW0'O,8`<[<[&:$'["*W.3!N6X#\#]D5LGY%S23#J@4R`<8.B9;H= MKAB?&0>^9>R;$RX:AKN=*K6"N`)*Y6RNX_%*PP1H0&*I87BM89)"C^E$"(Q\ M!IC/8N8S@.BX_XH2GY6$7C'BF09>;>Q5D[.0:TTEQ&LN2N@5KR8,+"C`$JX;'77)30*UXMF*-#/K7.F**1F-@D.CHG-`;%Y*MO&\.2\'APG*"5>J>2* MF,V%"$A0;\?WUHH2GY6$7C'F)"JNX\1#TG*8 MW`F.4#(*BQ&$;RRS#*P)X*4JJ%W%3Q2&L?3N;K"I%2(E*D^ MP`!3%^29*K&Q5)-GJG)16Y;XK"3TBDFI:E)*11DGAKJ";C,LD=(*!FZ+PYA. MF_0EQ_A4-7FFHN!+-0`H$PU`,;,-P$Q5*,]TB1"8=.J"VX0:`T@#`)$QJVF& M&/=?6>*SDM`K)IU&>68\9C7-$+52G%YQ).06W-%$0LU8\GIK#%E=`UF--FB@ M>R#$[H$PZQX35@/"BE0(3%A]P3Z.QH35-?LXNDS8LL1G):'7Q%9]S3Z.+A?M M98G/2D*O&*:Z9A]'EW/1LL1G):%7S$U=LX^CR[EH6>*SDM`K!K0&J:A(%%8& M`]HT];/&8&X:Q,UXUAA*N;B.+$M\5A)ZQ90TB)+QK#'E^AQ(B-?J^MQ@)AJT M.40>IJ&5-?%:E/BL)/2*X6M0?1[/&D.W=<@8*&\.9:.$7C'E#:"\2-15!L/7 M7/*@5.))J9H$T]";CN3J4LD52D%]-E;H&)/1`#**Q(Z%P<`R%V24%@/+UF24 MMIQ1EB4^*PF]8C+:FHS2@N=]="/`S6JDE"A]\U#)PE$1-@#CTM8DE9:"+M4` MH$PT`"FS#<`,M2BO3.P068PV>T'E;C%Q;$WE;LMY95GBLY+0*T:;K:G<+>0$6$3>P-64Q8>\'> MD,.$=35[0ZY,V++$9R6A5TQ85[,WY,I[0T`2YW/9**%7#%-7LS?DRKEG6>*S MDM`KYJ:KV1MRY=P32$B_5N>>#@/:@=Q3I(8\!K2[8&_(86ZZFKTA5WQHL5,=#5[0ZY9U]>'UIV^X?C^^!'29WW&PO=V]R:W-H965TKB_ M>]S]X^GL^>O#P^W3_VYV]_MO/YW[\^\O_//NT^?#\87+ZZO+'^_[P>WR^ MVS^>/>T^_G3^LW_WB\_NR+P@_[K;?7L^^?^SX[?_=;__[?B7OWWXZ=P=O\3N M?O?^<-2XG?_X?3?N[N^/4O-'_^=-]8\//;[Q]/^_J[>7\<[?_]?;Y]VXO__W MW8?#Y_GKNO.S#[N/MU_O#__]M_.GE[/J"^WQQ/7O^OF MH__^^.+Q8,_'Y7G^MR-Q??7[=8K=U>7O1Z$WYN:4"2],=$MD0L3_("[G+_#C M6P3V+6X"O#TL/V!$(GKQ'39%ZK9(0Z03*K\@DF+/1QOIG,<3@?@F,'"!1`72 MB4!Z_9))'+-7Y/$%Z5X_(^3BBYA6Q&+N4Y!3:U.K-K6&6!CZ$,00?B&8=RDK M)U:F,Y5QIK*8J7SR,?GUU`UE\.(B&!$+.16X$&QJU:;6&#;DDPMT,06%3D&! M*4A)?,Y-P6\]1Y,DSQ;$XI"#G`*;6#6)-4II$]#1">CP')!WN`Z_LO,NB%-E M9%B7HCAQ)YM:M:DUBA5M"GHZ!3U.02^FH(>/R6'P@AJ1ZH:^%R.;3%K5I-4( M55RGW"X'.OH!1S^(T0]XH?4E"&I$*LZGMAR]2:N:M!I2R? MD3N`N"??O$&+;QTR''^&=9V74V!3JS:U1K`4[ M%'D>,&[HY_-23H--KQKU&N-*22=A8SD3U&S][$\-S)O_2-HIQ1V,CSB9TH&\ M,8NC-CAI5$:&E6Z`J32I59M:8UA,3KFK>.["/-JP7MY5?<);89;A9R24GZ]S MF`.+6+6)-8:YV5PH4\#ME4=_E5*4`VRS.?!=<$\4:N=-G)J6`>R@_RKCT9]:I1KU$N^*)-!3=<'AW7(%VW M1UM3'(8;I')Q?9'38!&K-K'&Q/H8M6C##9='QS5?77(.B$\J.- M>HUQ*Q$Z<,<63AW;]PBMW)D#MSL![4Z4DQG03@PEPZJ/8-Z[/HOK:R)<=-') MTZ4R+L02M8P1=S$AX/U6^KDW9GE?B'"W95@79-YG(I@?>B`KJG)-U30(]R MX4-V<``)-PS](`=(L!CD/%2"Y=/5^W)TW!@%8HSDFC,0?Q(+'CW$8LQ#)P=' M7,Q\#W;2%3$NA)*4?$+@;B>@VY&7U4U`,S&$)',JA/+126PB6.QSDN:78"EU M)W.Z'!SW+P']2Y;KY4#2,BE);"38[$$SW%J(YX@AP^@0Z[I>RX@&;DT"6I,D M[_DW`4/_!68#&!6]E[Z$BLFKLS(J=%[)K`=N(@*:B`QW38S1/@U@(0@V7YX% M3DS$2NPAVTFPWN6BQ(3(?4$DF1ROW)@B]P7QU!=L;#Y$'GDC1E[8?H@D5HKC M,#)&3*Y!IF[+-((HABPJ.S88C&$?(6)8[)P\J0@D+:E%IV[KM%5D.6@>H2/9 M9I*)\TABI8==)D+YV:A(`VD2JS:Q1K&D+>,B#^.1[!])DQ+9)HV<`&3@L&_+ MU&V9MHHLA\PC>V1Y#!G](HG&JV2EM%EB/FX3YV>$O4\J&1Q]2( M,17RH9'$MR*WN0D$LV;0J=LZ;159#IK'VHBQ%O*?$19"K^I%0,&J+4-T6 M:JO()6Y]$D@YR#7*3T&VD(4/E!;$M\S(,9L`B M5FUBC6-!L=B)>Z%$$A/:VC\I]2L)[[AJ!0R/S(E$9JB!P5B80LYR(3X2+N8^ M2NKA`LN0@9Y,NI5HUZCG$O: M%DSB@3SANAU+71)9N+-:%\*Q8A>C7+7)-8YIQ1Z)NY%$RCW@)H71_R79!S&* M<,,K,_$BS.WT>N86QJU:;6 M"!92=%H)'#`K)I-8 MM8DU@@W#H-U9E.I:2_E'9N4:?=?)&RSC2@DR]349]:I1KS'.#3$K>P:9N[!L M*?_(QO(/QK'R#Z->->HURNGE'YG;L&PH_\CH(]Q: MA"G<=I4_4<11N&DIAB*.0HLX9''&2+#Y%N`Z>5H1+LXS&>4:EW$AA5Y[-('[ MD6(HXBBTB$/N:X\,*P.L7`GFAZZ7=JL2+KAYO::-C[N,8BCB**R((V08'RGB M2&Z`XT>+.**7UP+C_."T]57A%J@8BC@*+>*`;SXRKDN0$F38O"*"ITL0*UXK MG"_Z`0HH6)##(4<113$0>A M6!$'P5@1!\%6BC@*=R'%4,116!''`-N7!`ND?HI@)7;R>J@$Z^>ITD;'+4>Q M%'$45G30:<:=!IAM"/-34%'"DWD*K$C3\KV\HXW,JJ#?())JYJT&J-. M.R(L'][FMJ%GF03%ZO?<-O3DZ5=X`AR7]'+^MI%I&ZG;2%M%E@/F)J=GE1K2 M2?;H+"(\\4X,BERV&72J0:<11JNLZ+G1Z4G"`=+0_;;3V4:F;:1N(VT568Z8 M.YT>G0YDFWLT%ZEWTM`RJLB5_&32JB:MQJ@X*&Z^Y[ZG1]^#R>=^LW!TW$:F M;:1N(VT568Z8.YT>G0[FF'N20\!XP"B,!R:M:M)JC-+C`7<^/2M853++O=(0 M!(T$9)9[MIZ'&63I`SE_[,D.Z20HI,T+]PD]^@3()O5F.41F5E;-OX&YD(,48THT,I%PS M%!F=&>4A,T.V M8D!;`9GB8=M5;"/3-E)7D>5HN&48T#)`:GC@VPQR0(0BAXE1>)C8)VJ'B7N! M@=5CR-OZ@/&7C8Q09&2,PI&Q3]1&QF/^0+8JX$:XG=W81J9MI*XBR]'P`#Z0 M0M6@["P./(`/IP%\(P\\*&VQ2'&D7"H,I)Q1^F;"R%-@,NA4@TXC3*^D4+S3 MVF&1>DAHS>$PRG6]@\8]!.M[Z:0FFUJUJ35%3?%*WBG]L!RKB)0W]>_4VD5E M8"8#4PU,6V?$P)7V5X[L?T#+4T>"9I^AZH!RW2"[O4U&O6K4:US/]^I)P./Z MR^MR+J"'E2.U`@-83(9%N2Z;;&+5)-885;0-->^4-EZ./.@OL#.A(A0/TZAP9%N6:>;*)59-8HY1F)KQ3.G:Y/_$,K'=*SRM'GH+% MFPG958"\#*-P%@U*U:#4UADQ=J5YE2.Y!^R$YTCI@NSY.3(**H5,4M4BU1@4 MU.::BJFB34:A_1WIY`F'?IN9#$PU,&V=$0/7VHH:'HGUI'&GAYK*D6$!:G%L M8M4DUA@5G19!M8:B'AT5Z7;GU[IP?)^!368R,-7`M'5&#%RQ3Z0/*NE91[J- MLMA!,!([3&+5)-8HI<8.K0WJH@_J1CK::XU$22=12$A[TJGS0JY&&8232(1P M"E<_30Q+\1:L*RAV'69/O\*PB&>0&Q4,PEZ@!-)J3;S6X9.T^,1H1SII7@0\ M7H0B(R.4K)&NE$KJ1:W8&-*[$[+3GO3&/%8UP^`8)I,CG((]189YK66QUF23 M=-F$%+4G72POO#QO1XKA+X-0,>A@0#%M_\>KOT&HW8+1AJ<8!-+%$_+6GC34Q!-R>^O$P-1U1HQ)B?>L,??S`&,!F8R,-7`M'5&#%R)XZ31)2:Q M2=/)BRA_865D&`[=(E4-4FV=$;\^H<1YT@@3T]:1=*&`L1,H]7Z`=(M!K!K% M&N/RXL=?Q"PHSB"B,\#$=31LX!#F0J9`)X-2-2DU2@6MTM$K;4@]Z4-*DM>D M]R?X!M9"5/;IF`Q*U:34**5U\?5*2U)/>I)BVIHT`8T%?X(%J<%U^#,+%K5J M5&N,FQ<]L=/R#TJ;4A]9_D$]F10_0CI]8NZ:]>B$9H:,PB<]35K5I-4HY;0, MKM+WT]/&G^!52;?-7M:.,"@.#CIY6,2J4:Q1KO=)O:P49Q5)9@,3V7&[?X6! MF0Q,-3!MG1$#5ZP4Z6&*B6S2-!1_S8A`IW[1Y'0KGZTT"O6D4RCFLTD_3CB-"',1'*00&2977952)6J++J4!J*<= M0&%LQ"O`V)`)^!,]3`F,%X$Z]7?QE+:D/K',!@R,U6G"R`B49/7RI&`P-E8. M$M4?Y5(ZIGK2,A7SVJ0GZ86'G`&C0I2%]!/C(&-`/]&K57U*%U1/VJ!B8IOT M&24[$I3J<$W(.*QDH6I9:_+JE=ZFGC0WQ=0V:1^*-Q2#+=EFZCHCQJ18#M*H M%%/;I!,H.V;TUT/(,6,_68+'C*FM'#/%3)#VHR2Y39I\L@$RB@V0)6IP@$Q- M'Z#26=23UJ*8WLX8E^&DW&8F`U/7F=7N/]CU?/GG8?C\-\]W,XOX37;_R[T9/7)_^NOKQ^^8?\]=67VT^[ MO]\^?;I[?#[[=7\X[!_FN3P_^[C?'W;S5W=_F6^#GW>W'W[\Y7[W\7#\WV-S M@*>[3Y]__.6P_W)\Z_$#ONV??GL9SO7_`5!+`P04````"``C.65'U*N?+NX! M``!K!0``&0```'AL+W=O3>:Y3J=QC+H@%&Y`/OH=,[%1>,*+T4-9:]`%):$J,X]/U/F)&V M\[+4QIY%EO)!T;:#9X'DP!@1?P]`^;CW`N\2>&GK1ID`SE*\\,J602=;WB$! MU=Y[#'9/L4%8P*\61KF:(^/]Q/FK6?PH]YYO+`"%0AD%HH^/@=YB,D1K#@5-HO*@:I M.+M0/,3(VS2VG1W':2<.9YJ;$,Z$<"$L>=R$:"9$5T+\+B&>"?'_9DAF0K+) M@*>SV\H=B2)9*OB(Q/2W>V(N5;!+]+\I3-#\"ETUJ?<,(DO/61Q_2?'9",V8 MPQH36DSDWT*.]Y!@06!M8'$1NEP)L@OT=$P<;#AR)/[XKY\RX)"I(("TD5?M0:=6']MF;.`E:P"DXF^W?US:$)?9D-WD( MQIPY,V=F9$]VX=UK?V1,..]-W?8K]RC$:>EY_?;(&MHO^(FU\LN>=PT5\K4[ M>/VI8W2GC9K:"WP_\AI:M6Z>Z;WG+L_X6=15RYX[IS\W#>W^%:SFEY6+W.O& MK^IP%&K#RS-OLMM5#6O[BK=.Q_8K]PDM-RA0$(WX7;%+/UL[*O@7SE_5RX_= MRO55#*QF6Z$HJ'R\L9+5M6*2GO^.I!\^E>%\?67_IN7*\%]HSTI>_ZEVXBBC M]5UGQ_;T7(M?_/*=C1J((MSRNM?_SO;<"]Y<35RGH>_#LVKU\S)\2?S1##8( M1H-@,IC\P`9X-,`?!N&G!N%H$#[J@8P&Q/#@#=IUYM94T#SK^,7IAG*?J.HJ MM"2R-ENUJ4HAL];+;PJ19V]Y2,+,>U-$(Z:88P*-P?XM9&U#T(3P9`!3%`$4 M11%8YL&M@])&8&3$\"7)YE.2FS`QF"P\L\=CL@A,$(($X8P@U`0$&\D>(*V& MQ$,FPS1*C738J`!'$3$R8J,BG(21D14;E?ADYO%&%P%U$4M72`PW!9FY(4/( M81K&AC``18+4X%I#*-_DVD`HG-PI6`0*BP!AAILBFKE)-,9?&`&7$";%ZME%03]NH3WHZ M!76E#_1T^E!/`RB@IR&4W=,0ZFY/JRL2.O-]0)I1C6($W7A*C9NAA$"!>2Z# M3,8%LH%`R+\CZ\Y5AFQ9D6_*0E`Q0F0*@V`$Q:8T"(:Q6328+;U7-?".?$(! M(`^9\@+@H#%K6X*H%)OB;)0\@^\<"&G*#T'[3D73`8O M4^,Z1SD_3R\UVPNUC.6Z&R;*X47PTW5`GJ;T_#]02P,$%`````@`(SEE1V;5 M>"]_!```CAD``!D```!X;"]W;W)K&ULC9G;CJ,X M$(9?!>5^&VR#@2@=J3N`=B]6&LW%SC6=.`<-X"R0SNS;+Z=FP/Y)'+4Z0+XJ ME\NF?F,V=UG^K,Y"U-:O/"NJU]6YKJ]KVZ[V9Y&GU8N\BJ+YY2C+/*V;T_)D M5]=2I(?.*,]LZCC[0Z77!351196*8ZOJS>R3AAOD8[XYR+NU>38:H/_D/)G M>_+7X77EM#&(3.SKUD7:?'V*G>6C`!@,V&KB/#=S!P#5MP1L,/-,6^&#`1P/:)[]/ M5I?J**W3[::4=ZOLY\"2-;\+::$ MPY1P+27$4V9)Q+6F_F`$C"?@`GZ;$,SQ MX:-,$F,R,B9C8S(Q(600M%G"QH"0$N-#%!D%KK3:#( M!(I-H.0)-.\[5+`W0H$+5^T[@A9TA6!A(0RXX&H[S'C>&J'SP+!@$:!8OGKG M02A8:`>K``$RX"_4&(*K)N'F58;@0D=0I5/%:(`4,>5(C2`:4#ABOJX=V&ML M[C5!*'$>*1+!%9P$>F:")1>XAI/0?'PH+GD45#--!P9HVF>\?`+@PO+)U&5L M[#)!Y,/5$\75F:(BIZH`@H*EI3RNA!05.54%$!10->T&4&0"Q290\@2:]QU7 M9PJJ<\#4OB/(5?MN`$4F4&P")4^@>=^Q`%!0VP-/[3MX%N#Z_8:>0D`I!!Q' MU2T&H/]`XBB6'@JD)U"UEWHP=K6'F-(ZJ#\GP+4[0+-@\$*Q8#XA*IR#-!L^:-,GAUB M'*8J!Z`XI:ZJ'0#SR>)N$-9$!J0E5'5A@*;#Z2VLVHW0>6`+^U2@[H?J/<^8 MEH'%P$S0>6!831A0DW`IZ;A/5\57"&VWWGI7K[V2](^!Z M1-9QOU?]V_UV&ULG5S;4AM)$OT5@@^0NNY5 M#B#"`F,+<,3$/.P^RZ8-Q$B(E60S^_?;+0E9G7E.TSM^,$B+S^_E@O9NO1\J5^;O[R8[E:S#;-R]7# M>/VRJF?WVT:+^=A651PO9D_/IQ=GV_?^6%V<+7]NYD_/]1^KD_7/Q6*V^N^D MGB]?ST_-Z=L;?SX]/&[:-\879^-#N_NG1?V\?EH^GZSJ'^>G'\V'K\:6%K.% M_.NI?ET?_7[2CO[;$(6`#P>BAP.M3TS=`>;X<" M[P:8[BQPP`L@5$H M]UYI*2!F6!!AP%#),3#8XQYT;?A4<#N&2J)''7J#]7%&XZT.[-P/YN!X[O M[GV[W;4ESLP$L+9&SC$H=Q#3R'DY10`+(RGHM[@WSPX%\:$&.%%GY:%`($<, M$3]F@.#+J4\@B,V(N`4#]-,IY4(@ICM$94T!?2C=T2"?VDTD[/;0HZ3`5`D[(&3@$P9E-TF`J`C3>W5$TM<086.`,O M;Y36*F/)E,*-$>FV0+J]),\>=*PPQN<>1V&)?EN@W]Y):UK/0G8]4R."9H&@ M>4E7&Y0QW[MI1(0LT!::S9_($!4.**Z7<4_0<;TQGM_$`A&U@#(2\M(7 MM`@9'FD'HD$!)06DIPTLGTML$:T**"<@/5G0.8'F='!;1-,"R@A(OQ!`)C1R M4^QI'^H-,!L>]H$.4(0#E4.!Q`/L#WK"$1 MC@"$(QK2!]&#`)[M,+6,A.81T5S,^7.LM%K&PL]H)#2/B.92+2.ZOL<>8X3H M$1%=JF741.]5RTB8'A'3I5I&D/WK4\M(J!X1U:5:1DWU'DI$0O6(J"[5,FJJ M.\/O;)$]PD>9/ZF645.]3RTCH7I$08)4RZBIWJ.6D3`]HA!!JF4$B3_/$W^1 M*$)$UTA5!J$CA#ZU3$0Y$KJFJ6H$$"#TJ&4BPI&`<$3R>#D1/4AVN%HF0O.$ M:"XC\Z13:O*!2-<8H7E"-)=JF4`N3#RFZ1HC1$^(Z%(MDR:Z<3WL2X3I"3%= MJF723#>5X6J96-$,HKI4RZ2IS@4L$:8GQ'0IEDDSW4;/;1&F)W07D&*94,*( MSRL3IF<4(ZCJ&LUTQP4L$Z)G%"%(L7WI5AF$!]4_&ADHAL9Z$8D.;A,Y""#BCPFEIFP/".6BSE_RCK?:RO3L\"$ MY1FQ7(IE!@Z]]$1[F56;(:)+L#%B(&!<0&2BB+C@U"S^/D0D2CH/N^%,JB1:,G,"]$,HJ6 M#$MRGH4(06$%FH#?JKJ\@)C=^:H4(7&?$#"::&7)V#4"ML\[LGQ, M--3TS=`>;X>.\6Z`:5'`2BM80=E4),\#FRB3]8*N(5(>WU`=@C-+K(RUTJIE M2:VXJ5@Q::4?E=#3V00:K)C=H`&+)60%I!:(O?EI9-6<%I!2<5G3-8J98/6<%HJ](M-14K%BS MTFK*"\`K5HE9H5),5<4*4:R,E1;&H\IX7<@*4:R2E5?'`_'1M:P0Q=:05M&C M,GI=S@I0M)[5T))W5/,>:2],I3H%[>^='5JYC4JW8Y928\"C#1Y5&5INC4JI M8U'6]`>'CX&5_-_\-76CF-2J?!FH,+C@MTS5GYM+&` MBWK-+2CN<"//W#@KM#:HTCK17NAG6D#FDG\PAO$,%2CK=085RM;P969T1/7) M8)EUW4$VPXXVJU4VJ%@Y,0_,BI"-!84(?,D9S5"!L71%4XQBKHB5%QM47YR< MLH50++)@Y<4&U1=+5S3%*+F&XZ//F"_JU/ MVZ\Q$.]/S('I>GWQ;;C;+Q7G[V?8? MR^6F;@9?C9I3]%C/[@\OYO6/3?MKFP)?[;ZU8?=BLWPYWW\+Q>&K,"[^!U!+ M`P04````"``C.65'6QV`4PH"``#&!@``&0```'AL+W=OU#I=4^M,\.F(#68&H[8?OW MM8U#6>)=\8)O,W/F^&`['RE[XPW&PGGO2,\/;B/$L`>`EPWN$/?H@'NY4E/6 M(2&'[`+XP#"J-*DC(/#]'>A0V[M%KN=>6)'3JR!MCU^8PZ]=A]C?9TSH>'"A M>Y]X;2^-4!.@R,',J]H.][REO<-P?7"?X/X$-40C?K5XY(N^H\R?*7U3@Q_5 MP?65!TQP*90$DLT-'S$A2DE&_F-$_\=4Q&7_KOY-IROMGQ''1TI^MY5HI%O? M=2I'ZZY17+FAWI[A.A]ZGMNUU.TXK26IH=D)@",%, M@-&7A-`0PJV$R!"B%0%,J>B-."&!BIS1T6%3]0:D?A*XC^16EVI2[:S5YB`HT)/B*.CXAD!3D]0D(X0X#T.!L-K$:#!3\T1G=V M@=`J$"X$(B.0K#*=,+W&9)-)+[8'B:Q!(DN0=!7$ALGL06)KD/A1(/570>*' M3*"7K:JV`7/Z&O/![,YJ=FK^`=02P,$%`````@` M(SEE1STQ@"GQ`P``%!0``!D```!X;"]W;W)K&UL MG5C;;"YG+,K[>KL"J8'5?ZJ=E+6SI\\*ZKKR:ZN]U>>5SWO9)Y4KMK+HGFR566> MU,UE^>)5^U(FFXZ49QXC1'AYDA:3V;2[]ZV<3=5KG:6%_%8ZU6N>)^7?N\&93[\3;I+DLJE053BFWUY,O].K1)RVD0_Q(Y:$Z.W?: MP3\I]:N]6&VN)Z0=@\SD<]V:2)J_-WDCLZRUU'C^K8V^^VR)Y^='ZW?==)OA M/R65O%'9SW13[YK1DHFSD=OD-:N_J\-2ZCGPUN"SRJKNUWE^K6J5'RD3)T_^ M]/]IT?T?^B<1T328P#2!G0@T^)#@:X(_EA!H0C"6P#6!OQ/$AP2A"6(L(=2$ M<"PATH1H+"'6A'@LH1%4B>S M::D.3MG+;Y^T*J=7#:LQWMYMM=$LXZIYV$)FT[<9C_RI]]9:TICY.89I3##$ MW$`8/L0L((P88FYM#!LB[B`KX1!S#V&B(69I8WPZA*P@,_$0\P!@8C+$K#^= MU-?/!_/XD1&O2?(ITPS.-#OC^WJ@%+;@PQ;\,PN!MF!,Y+;'%!TFZC""NM28 MR])&A:$KC"RN`5O"C7E\=AAA!.Q&;N"3]\.,JLT(`C>$PQ+`80FLL-#`D,=M M8+DA+@G)X#"#!'(,O:PA$#,L?85`-((GR>%)S<0Q@C MH$L(8]2;%80QXO<`89#T"S@R`HB,F7X`0XVU>P=@F%%([B&,N6P@C)&%%80Q MLO``80(X,B$XCKI!&0NU.PF.D&%&D3E-^0721BD:ADF9LGQ8:=!Y=ZA/! ML?`B-8("1<)LZPL-ZGW%/0AKTA0I)32R'`E"3$<1U"FQ-"(EA]HU1YBZ7M#8 M"A_G84R0\#%$D,P6I"#8OA`1)+M`D`S;7-J"%,3H*#?,%B2C?=E#O"&:9+8F M!3'?2)@/+!HDE0Q1)+,5*0@W'066(^$BG9(ALF7V/D1@Q9DALF7B@CPB&UL[;WI>>>_;E#U6U<_:K\N_[XFR]7^W^]2CVO"/GVW*QJO[UZ&:W MVSS[X8=J=E,L\VJRWA0K^.5JO5WF._BZO?ZAVFR+?%[=%,5NN?C!GT[C'Y9Y MN3KZ\0]5^>,?=C^^6,_VRV*U<_+5W'FYVI6[6^?UBD8NHX_]:+FC^]G._C1L_]HF<)? MWY2KPGF]*Y;5_^JX_6-Q75:[;0[K>)7%I_#9Q7GYR3M]T#'@&(-GF"YC'O/CF_%MQV[SO;+_=(MC.RVH&]_VER+<("N=% MOFN]?CSV_''@=;SJS\5B,?YEM?ZZ` M&OGV%J:S*+:MS9*+$G/^6&S6VUVYNG8N=OENW[K]+^WM%B/0\,X9K/%ZO6W! MY'0V*^!W^'7.=S9O4,AF0NT<+K;>U[SS0[$MUW/[O3\%G4]_NMVT=L.;CG]J MS1SNGO/[%OEU\]>K?%&UAE'O$%/KVGQY%/[;O_R+#=_/%GE5.:?.7]\6R\MB MVX7@9^OE$H["Q6X]^\5U+NA(.N_WNVH'YQ9VTC[L\\YAS]Z_>_'RW<7+%PY\ MNGC_YO6+TT_PY>(3_//VY;M/%\[[5S")RG6.:]^;KPP&4XRP^>/'XDNQVK>Q\O7J2U'MF'S-OY05 MX"31L7(U@VOEE\*Y*MI/O4!245[NB;C@#?3,>G<#J`U/KMOTX_6J@EV@!P`7 M8>&`M[,;IRJV7\I9^P6?UCNZS3[IE]^`2E?MZ[#%^`/1O.9O;_-5?EW00F'" MO0N:K:M=:^SWM#A@#W`X\=P7'7/@F7?]^EX];P?3>P.$SDB,\5;[0LS]]AU5L6N/0S-_;(` M[E/(E>SR;S;4D[\YF^T:<,^R:[A2^W3U+TZ^X[W++Q$Z,)_U8L&0 MYH6U)M`SA&!W!-GU%@XF3';R?<6']F:]F%M8Q/.\*F?."+9E#F_.MY4#F\U/ MM';P1;G8(XT?=O>?B_+Z!F_/OP#Z7!>2=JPU]7K6/1N^N7<*G;7J(T,]NU MZ#8?L5GM(0.?G?45HF3SJ7/`YO(::`,)`+-;!T6E:F$E-8A7^Q4(C8OR'P!@ M/*FP5P#E`IXN=R62RR]YN2!D@V/B5/FB]^7=4^Z'A?V>-T55/7-L=][[)`T: MS'JFG@)Q1A]R%-)NBET)@L_)8$2ZY[YI&G>OQ9R_?G?Z[NSUZ1N\"1;P^OV[ M>QR"%\5,:00MYG]Z*Q=1,D*)$K:$ANN< MY^76^3E?["W<1#$E?*C:K%<@6P!4MZ1G%/A1,R["[7Q5]LDG-,XFW^Y60'MO MRDWKUH_%K(`ET.8@7[S3"E+OJ@MBZHC4P&W!.*VWCFW<+XV>Q#[8/R6]`KRV3P' MNE`N;@'(\P*T<5S`4`H$BM-V#VN4@I9,ZRA+7!$_F.1Y=*/V@#7C#QS-_AE),RHDXZ+1-O\[N& M"7G>S2>CUN091WN`]?'NNX(Z5RE.+U$:>`@>``:*F#%Z!W!U_M2<"5IFGE4; M`-._'FU04]A^*8Y^=#HL$G5VXE2HW@D![7LB:I:SM)4G@I3!%BK-YZ704S9Y M.1\#V9GQT6A#9`<\`K$NWZY@73:LW"_W"\*!]6`FSCMQ__6]&[@[0E6QCM'" M!MH_^[VF9MT:!]AIM0<26['>G>](O7)&J>MYJ>L'B>ND[C3UW"CVZ!V)Z\6) MFZ6>D$I=U!8WQ0R5T<7M_23-?AY[0%YXRP>K!;Y!I_U*G?:[X^\P]'61*?(K M!@KGK0&$.I'O=S=`@/_1KQ34[2B&"C+\H;M.N/[T`V9;HE&P]_XFOHJ7];UA M"`*^_.GSZT]_N8=[A-6\G5:HL#Y*JX*ENFG+;ZWY*? M:*,N49ZC=RFQL,.&]/);L9V5*%U>\0%SU@*>,)O%GJA(SX0^".&1U.3:0>W9 MTEZS:,?6M^[KP"DBVEN2EVDSSU#+691S!@+,4E]`@WX!>[UUSO>K%B`[QX=9 M&>/#M^8;WE]=53=H:K,-VP&&M@G]7C3LOGHV`&6.V#&O@P<]*07+BK`N5H-Z M[#A\"BKC&!"(^@Z!:>JY#_H_JO'K].*/SOF;]W^^L'&%;KMQCH*053X_G?]M M+U5E4!.WB"NS$NF*MG.B30>^D<9/1M@ ML1*F:$'-^O3S%P5LPZQDS$5)+U^B#^T?5B7SA111^BS(G_3F\>N++OIR%W,> MK>>'T6)=M9D]*?GCW4V^&@.N;M9;]!CBG6@G:AN'#--1:P9H.F$A""8[7[/H MV'W_*V6-@G'IA-SI=:@?%Y)F_,.07+6PVC),B&45WQ`=]F5U0T83G&UQV3HM M(TD)3_"X,,T"_&";1PN!&F8=@#[1_N[Y]]B!6H/7N2R@?"]6&IZ?`4AL-06U MS2QV4X]B%B,)HA-=#YD5..6`A9^#*@?$LQ\X^:TBMETR9S]8!I.KC\7& M$'W^<5CQ[.9E:-(X#";!#IRK`7!X>74%VCE.K/@&>:)7MG.& M%_O-9D&"$9R`>5G-@-_LMWR>^/6+]5>8BPKW:1-$VEO8>#HS4J_HO\O*<.\J MV=Q70CS=;"?.M".^Z4_YJOM'.(ACQAW&U]L6,*2E&$&P+6?$=>GLY5_SK?:2 MVSPL:M=1ZF$2/VCOS4<'Z'N#QC21\([3,1]]K.E<@#157L$N@X0`$$;1'`?Y M``_,;(;W_MO[Q/Z)<^AA='W3Z?B`UF,X-B3W?%X!#ZJ,(<1E);P M%WQ1DI@:I1_\"8((#*XR1P.9!9.30G=U-B1H(!H,A&SBR&O7<(_$# M?L#QS\C;=4O7G[_!?[X6^'=?'1&).%KOMT'VP!*!0"#X'I9%"NMI&E20UD]O MQ(=!>-YM]S,E$H("L'0PCHUN^[@'_(=O4P]7][&XW@M5X&+\/R:$8\ACKQ>W M+@YV"^(Z.;0$`!Q8C7A)_>U7Z_6.?4<"?TC^^#RYF#BXM.Z%H?K33F[(3Q$60Y@`*O%,"U4 MHW#W0`P!SH0F)D1"U(UP-;ESA.8D&%QOQ3; M1$YG(."5.*]RCE'@P"MY&H/2[TM\NWWE9P# M'Y7[@$^B!4Y-H+8Q:?NQ)(F1O>"W^B&\ES337&`NKJ58`%4@@8^F6-UODA7P MW@7@(]*V7![4O^U7]"(^-T"%'(E&@U=-0^&3IZO5'N[@2%F4!>61^S>U;PAP ME'W@H;9GD[@.(YP$)$$'\>PN"_T*Q`FXUQ;V&@#VF47HEZ``+.FXX28SN5*( MN;OWOK>(G3[KDH,81Q7IT#+_!794S8;PM:KVTLR\NP'I,& MJWM/E]YE0I5(%9*[W9YC-.DHS@A/YB5,8LN;LKM95\:D)PY&7M1Y\8OB2[%8 M;_A%0*[>YK>TJTR=SM5TC$?(9;WZTG])KQ-'.=(Q'SJDRS)%!4O#%G0-1`D0?V>220K-H#^0#(%17- M4<2>DAD-Q`W"#;&'VFP!]UFG=;:>DX!"3XV.S*\PRT]`N&=./(U<1T[QHWZ+ M2QNS1"MRJ^.@!!$WX`=L6**#)'VA1AFO_0X!$(43"90A2!(:_72(51 M?A'AO?CL3$*@U\791HW%D35YS5 ML4FOC0[5HEKK\P[3S8G$F:I;?HD[9\$QGA[N!<"_H(-/0=C(1IF@;E7J@61W M6LO-KX`,:%J*,22PG8EKN%>:O)+8D03FM@#Q7SO;Y:HGZ/3#KW.V3^`#R%%A M#"!UDA%)L19_9;OJ#IXIT,;)MB@2EA4&$V]#U(6'8//+'8`2($M")+Z"2,\! M&D:B$$6[&,0%J(:D&?G*E"WW3"S0EE]>W?*,2/G>B4@E9HGH6:*UD3!'ARW? M7A<26V>2;RY1ZR*`,[V`_08QII"8)B#,\@4Y"L;L*-NPW4CHFWE5>Q42\+)- M^X7%BN"\I=!J)!,\=6`U-"7<$<2DK=T7YXR6Y#$KZ)WBX%]3P@^"Y43@F)C6 M5WR//M2`'GA[`6+I^K8H:(ME+,_.84L4O*VZ8D%%#M\&HH-[L<#=OBS0DHK" MVOJ20]MPO1U/$6HPS!G7%!JUCHFA8!DGXT\Y'!Z@CRQ=Q#:,KF&SB:D"VYGN M,`T@+,T=Y'];TCL8B04W%J__?B@&GQ>76YH=AWT-PN(<\VT8AXNZN:K.IO8K M]#FB"&)9UE-`KDX'"$GV-$^@G*M\*Q(KZ+=AV?$`I<@,MR= M&`A!PP)%)/F:^-2@)Y*Z-(&N@Y!5S9K_859L,1Q"TPXF#?EB1JY';9$1+A[E M+&Q@K^(2YOCX/F9[5]I)!(!1YW=?R:EWO@>.%1[%FX0*+PR_47Z2O% M$8Q7W)3`=[>SFUN$)##!?.X*+FI$ZDK.#6_A(ZELQCDRT(HE:7@$=H5\+X0; MRAM9UJ3LJYH3K`YCK4UT35-2I04F-^+[3,U//*?0HZYQ*C(K#D4-.22QZ3P= M<+"ORBT(:'^'D[%CF8?/QC`V"$`#41M0IT8Y!B$YL/SWP^<3J':@:#&_'T%)BP$ZJ?"GRUQ[FV[@Q97*Q($1(8M5XLUE\Q M(<8RL&5I._W1`>2[T31T`M=+I_`Y#'SX'&8I?O9B^!PD@2/3T/2V M1=/(2?S`2<(`.$$"(R01?HJBJ<,^RK8/UTD]=QJ$3N:Y<9C";."E8>SX7N;Z M/L[6<],$7NS%;AI[SFF?9^]9`P!>0`&C0>A.`4KP+0X2)P#@A;X#DJ#OITX0 MNP&LL;;X&-_K>DGHQ*D'GX(XE9_23"RDU\.(@WLI#!ZY?ISAM\!+G7`*_TSQ M6P::4P#0C^5H92?N'SNP7;[OXZ[[L9MY">UVXH8Q8H(?96X4\+7835+Z%(6P MT*ES.+S^=WFRE/?3.#U#K]F.5>/DU3'DV(E=#S#VV(G<,$4H9VX:1/1O%D\1 MZH"7<+*."9E@>FVL3QU$+B>&QQ+X)X[%IE:'X4^O#SQZ?90DXO5XLKVI&]') MAOMH"2!.P7B`90W"#.@88!3/I$<0#GXEGH9?O.`'-7F#;^D<`,0 M/B1$*=#=P/4]I*29[Q/U30:1H1A(3>0Y"3SM`TD-@().G0`I!GU+0H^^>5UD M:#!N(;X"5P'ZC0B+GX@[!42RC_F5"5])0E]<`;@:^=;S`OU7(*2Q98TL*QM0 MFU@7KRIM*A.Q14:N04-8($M3N21Q485$L$@D)"P\DGL0G>=%55ZOA"]&Z;ND M66"D`EIV:L+684&Q<3SK7AL5N_P6TMZ1YX?L0TOTB_`BT#R&!@8R&^2( M]#!U9\EY_9TKW&I0L:3=R59<85A!L=WR[MKK`*_()SK\MI`VEWBBUB-T+$ZG`YUES''<3*^*/[B<'(P!ESL<%\K,JZ*B%Y% M%JHA`>Y&XC'`_OW9:P(^+%54A=GAC9Q%5YH,ZIDC M@O!/24>$9W6%'>>7\ETR7TM4_FX>V< M,DV7U8H`R+8L%B$B6ELU(W"Z&N-DA"F"&S"XQCZ!,8)W1PUH"GI#N76TFT6T.!RG)"(.BN20'<"FX$E>G$,2([53D* M`.$(A#X,5P*MQ3$*1OP6V_]N",**W0]0($*QUGL\!``1%?6L[%="@E&,V_(( MB!#B:`DF&?9A`L!NY+NQ/^W!!3\B7`A!1?-,;##-/LI'QL2,/,\4:5`A"2U* M(TV1U44]9W(.%6J>B<#(DE MYQ;@OV[-C@QS_T%07C.LFM.S9>H*B\;*_B^?-:92L5$.37M;)NLWQ?R:.(@9 M'D$.=90[<1R`'R`FVW/AAZMZR'\]I15=HC-B]\Q=V+)(02LHJA94&@%!IZXJVM%"N$M2%V(I#D^.B#,S`^_V6S@K6G\0;D:'WT/X MH$F2U*>JHD[?&K!:':+==P&/*4#V@H+WK:P:R\YYX<[77*R=U0T<^CGB-2@V M']9,B-;B5G(NK,EIKC1C&EP'D5*HTQN8O\JY?2GGLV";RJO\LH`#*4U;BWWU MWT%-V5<[Y\UN/G%F=<."D+QI]JNUB//"]]3GB(@A`OU@`Q:WI662)48&X`^T M&/+RYWWY$QS<:"ISM#>\&)B!\M/0Y<:TY1M50I6DI!0?*U2(IT$)%N8I'+.F M(=AT`ZO^44D%Y+;A:F*:RHH8?A)J#VHB#E>&$\9]B]9 M!>:VZP:9RGF!=4@!XX3$>%_[W",/9TZZ36T8.S$`U_1)DW/V].+,2;UH#&+7 M>3>1[RCM8SA0QDZ[0@Y*P+$;1*&ZYV)_Z5"]E]J3K=O,U;Q;XYZI%<&Q^Z-8 MT6MC19]Y17EU"7?,Y(H:%J.6U5ZD4>IUUKP#7HC&ZY2\02D(`C8;,]F18[)J MHW7Z'B`#MM1^^W1#!T?LA)7.E1&G49>7X;;=Z1.I3S^]:?=*?>@!Z4#$Y1J-N MBJMA]P.:?O%;%'KMG3\XFI\X281.M,R),FG=!K74G7H\N!].^7M*?D37"_RF M.SHG&9S\Y@7&J_;;!`).)\XK6(+/FD:QAZ0#289MV"9BE#M$]D[,4(S3&@0'D M9U2]]X@C\.?:ELZ;@BF1*VK_7*)U%+*W&NL",*TJ.DHL%P7TBHE(M7BK"PJ M0,U-0;OS$$7:ZC8VT>VSGJ7QD7S"7.?@#<^]VT'<]/6+>!`*EXD";?^F\!## M>7MN.F^]J>OY*9K]TA"W0CASF^$R&-E!AL%1@K@`8T;>("7^]]UXBNY_+PY@N-!-5$C)``#%T51\(%&/ M7@+P20"S4N=,VVE6]3JV=O]AW1\VQ`UFV0$8;G0<3Y(3973$;IV"V#'[#%OZ:X%)LAZ=#PUK*Q4@-.\\!B`K<-G MXKS8;V7DZ*!A73;@<>[;:HVBMU%V@N)B946.&N5O+YUM*X*YJ(K(X%9=CI\[O<[MY_N2(\FCT(+3RA16U-GR`; M=KM=V:1L=7O5[NF`-S!#FK3NM,B[H3C<;-N2^Q*LP6Y[.[TZ'B56DL0'>11/ MTO^*]"INTJNT=9(>`-Q[0?SV(WLT6HGF"D^]!^-:O+&;$--SEGHA'EV6IE^RD">.T"=5.V M;DO5=[O M@.S-.ISOA_R-%!4_B80=?)@L#I-*A0BNE#F85.8)RRN9$:3^XH&Z.&U/K"-^ MP)#;KM"UB*6@J=JNX$4*;2J!,^*\[2S!?75,HK(7A$N8.;0O5/94L;K&8@]7 M(HI#1&'\#@X-76<1:)S6Z\ZEBMT^<^0+]>MSQVA\`RDI:F(44F19DPW&8OG M0"6WXF`KZ.?-&[#U54:C_*M9$$:GO@9*)88@9JRT@6O=U+<@< MQSMTWVA(6@=NK3"I7`44BP"*SKNILY`1?MP&'E-4T_E;%09@[/!&J2-(=',# MBI=IT9W_A^Z/@.YM:OY[Q?:U9.JN#.!H1+^O*/2'?B!LT&C96N1!K+2`!9'2 M$"CM,5P:*=$.:BS'@A8")057?DR,+'>#\1%N?6IL!!FIA8Q-7+12`@9ZW@YR M>0+4DW%!A]'//M461L&JY5C=:P-5RD"HNY@9(I/X'7L12_OP9BTY]\LAAZ/Y M"62,.B@Z*K&Q&8S3DO\[A'E#Y(39-<)L[VF1>9"F98,@Z4MQAI^;JM+O!;C6 M6M#6-EJ&J-Q=$O%L4DN4M`4XB;QXIU:A[E)6#](^^@[_]N6M\)?/N&]M3[`R M^=]U13C6Q![N4I+DBFHV5HTX+:,D@%"`-.7;%;,;ZOU<.4`<675I!&K!)BL5 MD)/']-#/I(,9WV_Z)=\:RS>@3\O_J);_O'?Y3?7GI_T:E;@/'(L,OYUR^0&S MX"7'WIM75)%_>LM;2ISBX_B:U%>L`?'^$M/T"=L_K];Z2WU.8JGBG]$;+.+E M>!@.O]GK"W[S0G#"JSEK5K8%30E=3)ETGHR-*ST%O>$^RJO.](?."@+/B`R- M&]X;X?=#C4Y\Y+L:J9B8!X[W\">9.]8<+(W=+)G"950P1<:]OK!UY"V?2'4L0]`%:<^O0,Z)$`-IDI?M]<806OI@-+^#YQ[N)C M#63"RT5YJW@/?^H`@TBMQ?O$QP0(*O8?Y&;X`F!_% MY'DU6_`U2!;%SKF>+U*Q\=EC\?0Q5@=P8\`.\^QW88I.-9?8SM^;:#!V"#GA MSX!$?B-_/5*C8D;YHQ&F-@W^S>E2;4H/(DNAC2SY60)GVC,V2E[I)TN8]CP- M](>[DB5VL1-]X(]6LH1%*9@LX2>-/*_67[ZO%Q`1U4+H9O[8A9I8?",)L)B! MY_I9H$J%=!(R+`G"A`P_-3$X\@(GS1(`6RC*@1PB97Z4N-/(=S#EW7.C-%$% M+AZ=E(GH!)H]?[20,DZ[YQ7BIPY`>`S4A6Y$)2W$L\?B:2!?/MHJTX'D2U;&D*>"O[?)%T8<\]]!!$P. MRX'*%,'&-3">3K;Z'="P1Y2MK$0LB%+`7'.[Y)4#1`PEHE!_N"L1XP@8>;K@ MHYV(I9DD8FG62\1$@2.2*OAC-Q&;POH0]1)?5S?J)&%8R8@/.'YJ8G$8`0G# M8!PB8;J.41\)@[,XS>@I$`^\5-7C>0H2YDE.P1^M)"P0TIBH&_+D)$P(=>*C MC83Y0&^)A"%W8"`%V.C(F82G5=>&GX:5;`./!ZO5J;G@13=46+1-*[144 M!>9!%*:F]NI7U"(SY"./0*BE?:B6I_&RR^+3H-Z,.X;W\96LCL&_\%^59$ZQ M9^QM/-%7J5"L;8S71A`'/OI)E#VMC/G(T[V2Z<[/5?5,/+;U M)ICJK:/W^]T)%2/G[%7.#Y,<1^*K25K$B]5<='NF"XJQD+LEQSBO)3;(Z.CU MUU4Q?]8G!9`F-/+"R`A/MEP8"Z=K2\M%$4]0_TPX5E'CE3DK(('2P1YYPG>J MWT`7S/%9#:M;(W=J>RZ+W5>TNR&JT^(K9W['4+G?`[JWA)7?&-W#?RIT3SQ* M1#.0+FTBN=_F'WX6"M26_^$5C>)3DLSZ1F7^]G2H'3XU:IL)=;\J(5?6@3MB MM_=/B-VL[B-MC9O$5ER(*88F2M6O=IH.4O*4)5+\%S8VY6R7.F5GK7,4A_5W MT7*N58*L. MY0-@X8R.?G[]LL*6-/5$<=&C35J.'.H#,VY=O0+JO"V!!&";"JKM#KM9R,'+ M58=":EH,J)X`HL9QFDQ\'>-\G(7Z*_OTL\"\\KBE?BB(FFIF&@55A'8NHFNQ M1-22HWBHX1J:`@FL9JDQ7.J1!1A')U3^1APCF"'>3+8+J6LE2K)R*7G"3$LEXU:>IJ@UMBS@E7-1JE/LK(MRV-<"6PE6JF]& MC03(NF]718'CL=420Z]T"/TL!SFE:0RCD6&=LVUYR6(!EMQUSB:->GPDHU7F M/+%^GJC>JJ,'ZVO@&18B\&Q7JX143Z?>W=21JKZ.T='9^3F2V/:>'JSY<=_R M6,WZJC?E]([-PI?1M3L?< M9%ZID)+U"3=ZEXF*'^9RS"D@Q"3R;0M"F!U5XZ,H1"''M8S4M^;+RE7]!+N' MR@].-%>L01GG4N.Q31;+@A/R40?A<^"3_266>-4`=`.?[/9CJD\>.J?:DEQ[ M6&W0N/'?BV+8?9USLDC]O_VDVKSL'G.2-X_IX>XYC;P3,1_^-/)/[@"N2$S- MIS?Y.+6=,M8/5?8XT!9Y&Z`B8I+HJV2S4=05+ULD9X-0<7'2K%=1%"ABQ$TV_PPQ@B;^6 M(0GV8C-%;2>.+^:^JX@[YM/W!=QZU5CT?4XD*P\V2NS^\Y*I/J!@3HO8/9&\ MU:)<@J*UT>\I:-JO1LILLN@E$)-?X!$LJ];,9FK&JE!CM\N:7,?2N2OG:4KB MV[H$[XJ0<5T4%:L)-HMR6GBVT<:,"A">:AA_-@%^9F[+:7.*SCEK`2PD]@F0 MAX5+PVY[S!'12.A;/H3'0H_YC;5GL=PX\$;?9!I[XH04\@$D:80S.-`@`#`S" M-`Z=%!X(M-E4#2R>.);/'(NGCL5S"+R$ZB]9:,CO'7H<,&:!'O]@@5X6)_B/ M!R")W=CS$(62!*$7A%,-/3FP>.)8/G,LGCH6SS'T0@2\A;:81?(I_T8T5P02 MHGI$/K16(V?-4HE%#M:Y58KT;7VH`:3FP[9<4W-=!?NSFMFIK7SRWIQB\4+1 M_T7X?2A`D/(\[5D844C!5?`_G^!`7(^]N*<_H^>E;CA%[24!_$Z<9)H=3D$X M&,*O@_C[(A6I[Q0VZG)3>-LHQ;Z%)\X(3M>)(D!=56VC*86<8OAA!H<0[HQ\ MF'1JGK!\_J6L`6_^++EA;`(^[X;8"9'#&!,`*8^ M%HE+ZP%NQT!>D0(@[H:B7(!'F(ND@4H\)KX;QUG-6V=T)!B8&N`',HS=XP*P MT]A1&0*SV19;W\K^'"QGT$K,["XO3:D179`Z7A0YV`XQS6![)'6CEEP>-B&, MILIQQ-\^%LC["6JK]4HP_H5I/T(M&M8_]:DD;8:E#V+V'M'88K%1#"M)Y>CR M&]^RL,-G.(#;7.I7.G=^EKH>G;N1YYW0C"7!A%^P!D7WR?.G4S<,`W'R/"=B M1_[!H/E#X>1?:&`,\4CYZ7DOE#LJZN8P=T/"!J$?L!SAC1*8%- M2K)!!R_T78PM&,4G9&@9^3[\Q0RBQ*\?P!#81\;!O5[DX=>H&6`*'`-`Q>4- M81E473KPF8/X%"[+"!0&TP>=P,S-,C.1))XRC^?X]H$'<`HSC6*@(^AKQ5*( M(9S!$%A>&-3.H"*4H5AX&:?<=PP#09A2:M\9^A0%?##P^U`( MM0JB[C^&4S>&LP/O2D-GE+B9G\ECB(2NZQ@&>'HQ?2<`9A`".@&&8AG--!IT M#+%=*``%F2Z<^E$*AS#@LUSG@L"1_10Q=N1AMC5P916(.(DI[Z%D$7/5!RDD\F")N$A:B M]T$4"53$NSB+(%J$GCJ+_&WH68QC#R"5$8T$,2@"&IG&C;,(0_J!/.SRVR&6 M>`C.OXK8;+3D/"Q$_#%(!X-SBR5S]E3:"7.P(@Y.GB+'1CXDB]:HTF0`'*()`,$%X#8FLHQG*!V$R.R)C(M_\P M$N.?QO==9YOJA9`/\V>AVAFVN@9:V!L3'A5\_"2HA39@F%'N92"0:^=.4 MBH(!94^CM(5-H%EA6_8I*%F.#^0P3EP?A9\F/H6H,&/YLH1P`/Z$B!DH"*4V MC!)XA+W%\68OC>DO0AH3).%?D&/2K!>/`%V1H(Y\CW>+'DXRV+0`7ILE=DP" MHCQ5J"2^&'OJ\XPM@V(A;U!5>_:_&Y\2/!KM(4>!Z^'%`3B%AR..G):1""\. MBGM^$I0"\4W4$P=*0.0II+\>_8._3I6\II#*RT"#\*F5.9`F8`H>\-HI"&PM MK$*-._`\Q"B$5A027IT(37PZA%+!##S"K80P],P;B"5N#@HYO9ID`H8A,]AV[ZG>=XH1F:%/P=T[AM8A2*1/T7C'MH- MD@"I5DS"4ANM/)"B@*R-H@@1BG@7&E`P(AST2=_O)%@Q]2!"9`>48!=$)+PG./PB&\#K?=^.P@U`!24TR:9\27XP]34$=CV++H`F< MKLCL!BK#>89CE<>4JCDRDJV!+!!F%[58H+C8$__YYT*J+-@T1X4%&8)@7_M,!G66`];DT6>R4,I0;<<%$;I+&@&9V7:K_AN,.UB/=KOZ\'J/Q. M[NJ%)TXVII6[!4@[KLGJ-/H#PTQ%Q:XXJH6V)EZS3'64F3?4*S6_MS6K`>\[I7E'W1)3HDEZ5N#VOB.V+XBF!/4;M9 M8RF<>R+25&0PH_):-WM*YBO>6API2*FJF2XUV-.PM68\>'!/*H#P\+AA*M?X MV\!=G3$*EV[5.D_U!5O4]_UW!H1M56\.Y?%VO;G?8-/J\2\BXF(0J1;`E03$ MC-3`6-F*S43EBCM[4A*6?`!8FHX6OBZQ_FR.$2YL/5@YIY_?2I(BJ!-%``F, MH%*O7]&97Q1:+L%W%JU2;0*B,H!(YU\-!)RV3KCW#LXF$^.`9\D,>05+$\4I MFZ25(+',@3FM,'J^X)9W`-0*P%M=W=:*9!C0L\=5B'H#O'&7G%K4[&BB$1G.86I#_63&@'!)*5\7[%M21XM46)>K6@K>*,\S0.B*V78#%+=PV&B M=^A5-:A">K-_4(_YV5.=XGI,S>A;1=FSSR(<@0*+7D:%,US!1>=#+(2#J*\4Y0Y%$'S7!R-B2J MZG'>S#'(^)E%J&=Y(.]3#R?\$/KM]"P2JC^AVM#W6T^&U\N)4[L3CV9Q=<4\ M@#0,;(?IC(Y>?OIX\CA-EY"?!-ED^AW=$*23]+NF<-0QBSNU5Z#7))/L.W9@ M;)F*!/$D^DX-M"%]]!9HM3$F!D&6ZWDMDK7U:W<$)PC]"/E2H<&20M*^W^;*5?/A2 MIHI\P.I0..;A.[I1QOFV7#RK-OFL^-/;LL`KZ6L2:P@O@/$S@G-9B$`TCK;*L M*6N(T%/_3+7HD7I_`6GENN`1*LSJQM!%R@SQ89002\>Y/JCG/@:1T#<,N:*I M"O)P_YEJN!P[($M.Z1^*3?(G$<5U3;S$>5$N]CO,S_WM`#,8+C17I`.4.NRL M-RQ1(/%`&KHM9\S0\<[&_7&\!QXARS@L@S;L]GDJ._XE=;$\K`A$\5HB$*Q0N4B$) M&5TJ(H;PA2"^\"3$@\B?`SD)\3A>F[H9C&!;U'L,9+^5&^"Y-26!*MW/X8UC MY$R8-#O53:,J8QAFE#SB,L=UH=1+*18T,)P`KK2?;XT0\YV<$>)JOEKMEYA< M=BMR@9?E&*]1'VLU&`VCT,8C/R@Z1HESLCZQ!(%OQF*WOI%7-W$^;X0TOIYA MQ0:\DWL9B9Q$U#98C'+@S%V#-H<8A:K43B1)7E%X?2ECKN>\C76X&6H52*^" MX:\Q_P`_;`LI`0I=':&68V"8]YTX-X#`(!&`(K!!WS^QE8GS/XOM&KMOXQ*Z MD`F[(31/560S0$RM.WV62I@N-3GLI4Y(*=)KF?`W^K*[G*:_7A1L%2!U@_K2465T;$B!W3A( M"J/N%&OZE^^`!<^+Y48(3^6,J` M[-@I,9LHH]%XC@&^QAW"PX,9TDO_9. M'@>>T<4BM5@5^=TT3(GY4[044,,+8>9!NF0LC!O:[6KZ(.F"8EO)4R&ZP^2" MK223,/K.WAWG3K4D=G*BJ$JJUAC4W:;2NH].<=J%LR-1:;1W[E^,-?]8&JG"R95.=/)JH3I MH;"`?(DRL>3I(:Z](]!7S%.U54ZB-HY&\!*SIU&WQ1*.)25WH(0B"H-LQ<:* MZ9`>`)(['+1YL:"V/53BLU2]I.HWR*./J9WSDJ9%E1K$*VY%ZI20>'#2$RER MA::GQ3`6X1,OOPEY!&L5`0QPYT9'%R_/@&4RST-;D;9+8'61ZJ987!V)ZK." M)VHSZE6Y:!F!>;/E@\(]5C=8*X_"U:+X5I(=ZE9B.1V8%4:@+2]+;5,02[<;9H9'D>&@,K$8;/( M41KDG$6`#,Z:5ER'%"-T\6U3"Z2@].>4-_33H4QC^U"0GP("B%_\T/SFR=_ZQK! M(B+V7A)@%0,.@`)/WTN=G[F8RDDYT5=:_,CO,RI/;%.X8.O/5H1(+(3N!PO]@B5UE!9" M+'1A6<7SCB%VQ8J&,"T[:P[C`&:SPS%8]O^R%FX\(/8UO0J(FO!?LL-V5!Y: M`GHLBD5Y70K#$RT!1I8O9`9NA&\BQ=U1`$+U9^'/%U:*^:&9FKM$U2DJRG9J!)W@; MJ"6:)C;4=$53`,45:)-$C0P2KGE^)6"AC5?C9#%0&@]>KY&Z6*SH%I MP/.D]\G/JI*!\-//#(2;.,_9,%\9Q8QX=>C&A$V\WN8K(=,B'*@@UY9[G]=X MK6F(=*7I41KU\2:9HMXT4+:OP%3*G1Z$[)>N5J1-/YQV3HD);-E7QZ(>/PI\ M4\4QP$R-OMO*'-U$.=T,7ECS6?Y7$G435IC03G!%#X<259^O$;&P&P_MQ)KP ME(*S2MFC+I\O01+$&OU2IN6NT.7DRW'?:-.< MCQ>G(I>@E&%X`KW)6K9"Q9Y[-=;-R*),*U9PX#BC-=$;1&"`")I=*NW$X5=Q MO2@NEX`U'+X5VUE9%<*$H,J!U6>IBD34`U/\0++K%M-BSOZG?+7'F*?,IDRJ M0ZDFAY!%%8A-F0`4L>TNIBQ'M4LLX[Y&B`F:28QEUW44+'J8929Y/4Z" M2>B9WAE2!+W&;779I%O4NY.R)HMYQFE*_3#,527`5).HM?PXR)J7#:&M"0Q= MM1>.^A#CC&#=,1D$L!L\=^0#0881N;Y+9``@:1G ME4W?F")-`152-+K.6PH&J(MG-]AS/5\A95X#-9D3;G..%%K=8##F1DVR;C^) MHD"?<)-S;"O:@)6V"FRO*>J?-+^(`HTD&T5,8P83N">=&.&V4E@Q82%0@PYT)ST1.2I68NV05EFU%N'E?SUWPHMBO2]!?&N03LE!Y5&)#X& MO-RV!T*>C,8OF'VI3%6"$`ACDZ:M\`(AF9TXW#*+'9Q5*_.NYOV/\4^"?U+\ MDSD_<6&KUY?G.3YCS'V.7.->/$W$CWX9I&70+ M=E)*THA&B[!9E,]M@P(',_Q43VF6D9M2O@SF@/HTZU3-'C,+_"G[^>`/?0T8IK32@-R5/BXS&OQXQ#T^`R('&5%9#1YNBFBFS!=U)PN+(8B#)($ M@Y3"A&9(_=LPU5,%9M06X_W5_O`7V5$1EOMDQ3O(4;!:`JLJ49P%&(1(R">)^HQ#R? M:VNZ-+5?[F\OL?*9'"O?W:-%^UT]4EX"M&J:F&0^"ZG39[=ZH*5>%G,-0PFR M)F_BL)YYDL5A/.@F#UGKDX44% MM.:QWDC4%)S0IN]D;HAE,X`SB"F;RKE>EVV:%-(?3I*:S[W#![93I%E"1IG0 MM;:_T4>)?-OZ]2(,XVI/(2="YTHP_[%E='^U7L_9VH,F)[+L7:ELKGS%-BXN M@/&`1_M:&$R=$LU?Y90$W&_XMCE:3)-JW#?9J,D?'#(:\47C;FS>- M2N2X(G+T[FY81$7\T\XI!1/`SD614S5+#B1RD6\NUW2"4#,2%50IO@?TOGR+ ME-H5+D$JR0]CYF2\X7?*E(2O-P4;=\AY3",NRE_(_(G1`YPGQH<#:T"`"HP/ M8B::"#R:U[L&EE?\.C3XBO>M\L4M]I*AC>4PHJ80@=;&64Z$'GUR^D6/($L( MK;Q"F^>--&I0)IWY(C5+..K8DY%E9%:LE*>:["IFWM(E6@RDZBFJITBN(S'F M)3I-@:``2WQ;P&A;IIJG,P!%5;+40<4]9>X1;-!:A#)3%.*\$&H;3'9>I\S: MK(S[8Y[#4I]#.C8BTTG&` M#5D57^%?H6YCM+=5V+&U+^#\3AUO!",5\U8E5&>^+EB*YOLIKF(%!\"LJBPU M.R.YS0@P$!&E*KU-YC;WK!917?9?Q?E9G-[J(8KV0^,_6B**;SMT+>/ID;"! MO3XO+K=D^41-[DZ$:(>VJA9*W8\J_=]Z]IMLD$UY2^5'.%N3K;B`0]'.'>F] MN8?7_FGB]#]ZWH[#JQ,(\L*L\J6(*RJNT5(QT\J.T)'05$0[@_@K?L:'JZ(P M2@5SEC$&BS*]1S.<4D4)=76*UP;=,,@`YODRO^80E7+UM_U*A!P5B[*XJF,A MJJ38#\(B2LAZA,Z7^\7_*[B6[X4+J1*)S#*_#B1\M)[#T9^UK(.X30! M?2Z!E2+P1>MU>OX',MEW=.$22WC(#"W>CV M45E-5PUZ*X-S2*POT'.'QUA5*F"+D8@94]X2"=5+G,H7D5X/SUQR""@Z=LBD M"-]@GOLMSGNY;H8`R\X]E1(5^!A1#(I\)Q,Y@6Q;H`E`#R]!AMC`SZ5\&THR M+@H(:&_8ENB]7>:_-!>E^_S`%OYQ_15FOG5-G5,MAT`J4E5<[F'#Z>XJG;&V MV,9OEEFZRE<"")7:7%\1W!B25 M&SF+/#QTT4[0CXCZ/`N=K"7S#>-YD2\HZ5\+JS5L*)@*5*!EJVA.UHJKW7J) MS%\V\&',V>9SX1O?7I,#>;==S_7):8BT1)TTNY,PWVQ5VT&OR2^,VU.$+$)T[Z=>/-[D#QUYD:$F_`.>!H=GEKDI,W:DGEN$BK3%IS.XRB91(%ICWB_ MTJ_PS?%L1K39K%@@J1*VOD6^85.H#*%@$L:P5;/TT?8N/'SZUF:"V.@(?55' M)T8TY]J86F:Q'GM`/&)V%=5@L1-QN;:$\8G,=)-BKDRZ9C2:&<,T MP?Q+Y=JH-"V>B)<^K[7J_$9:LT7_^ MQ_]W>O:?__'_G[AF4)F4/6D:__D?_QME=`#*BJT[K:HA+*.AX0D$.I?FB7Q1 M2,BDK+,HXV!D%,7,R[L)DS3M9J.$R&Z0=C01H&SN+QFB*._,>Q9ESF:RG"#. M*4#J_'44`1B:M7A"#N*@.)]5H0W37>!"3DB(;T;"Z=*FZGE^D_5F"CPPYU@G MW354DB4MAL[K^5WF]=P^K\8DZH@9'N`R*HH!]Y[UM:W1%+26T49!Q-H=@$(; MH!S:`1K)=#JATLRE4_')6"-E<.H=<"&&P4TN-Y](XTQIVBR7Y+5?0 M(B&83X:4$97[+G=0J,/2*_OM!K6-6IXIU;Y!H9@S+-C@--_F7U<.Y1]2T1>* M\2Q@K1PNN97P0%B;]*F>`ON.XFE'F*EHYJJ>B"BCQILE+=0N"LHS@9E0#Q[1 M(BMWLBGL_JV,+MJM54XJ]PKGDF:\"M6OJ2UF`8[S@#6N5* M`ZGX/+E`8G/ZH7MA:#];%!@(:M-:G-(P2T M`4752V(+BD)`:0V6:Y2IH^)-A:Y7A;LE)X6]N<7I)XT$5W*%X3886O5])><@ M/0]W!Y]IF5.&%#5I^[&DJIN-#K6BJ3#(^)6RSJ*5#>OHL3?69=]Z6P3K3T_>;OA!-,W6IJV?W0I$4;-6F0#*<6 M62/TED+-ACT9U5XF&+,EDY1M!AI;0@6'TGK7?:9+[S(W013'$)&.\N2R^9P; M4DI3%C5.EY-N[0%6)JL+`B\PZW:]6=HL,/UWD*O&4]!X#SZR!4)><5GPN\F+(QG MPN)9`8]GA*[V&_0IS)5SC1\6D7B'U>[8L/:.>IC(E!MLUF4(O1DL5!>7(%->FUT(M'*K8@%3#2PE MY,O$^K1;?;==ZY@NN6JJ<(9?YZ(222D*'*,RL9-,SW0/:B.1\$MQ\`6:""4& M2\^]:%DB]1T26/$5N^HP`22QB_-(-7$!JJ%24U:F'+MG8H%:;WEURS,"]).E MI27[W6'3Y)JA?X# M+'E@C5:0-=!>%6KNLQ" MHJB-KV@'DX9\,4,MM=`%V853K5$,2LU#<0ES?'P?LSTCYQ"C_N3YU:5A.M\# MQPJ/XDR$.\U+=LF3)Y#R7"7?-EYQ4P+?WV2@%8OAHO446LD(-X@PP88MRIJ(7L^IK,-8:RY=TY142;6Z,K5,\=RA MFM#B4-200Q*;SM-!\05;$-"DMPJS%%JQ6MUL$("VQ@"S.N48A.0B9YS-G68, M1KL*KEEIW2CW,OJ$U+9MQNLL;SRH"FIW<>2'=AR0\7CSQRSQB-*U65"H"J!048;:U2-Z-JI/0AIGPA^!#)#UFM1$3E)"FU2TD3 M-PDCQTNPI&+B>!EV4@` MC\,49A-05SS?RUS*GLJP!2B\V,,6VIYS6K-D5WFM$,^S!@"P*2`\$X34&@E+ M9@<)M@K"G`P0]GP_Q<96V.RTMOB8\M"\)'0X:2V(4_DIS61WP[YY<-M!&#QR M_3CCYNHI)AMA0SZL^0K*40#0C^5H92?N'SNP7;Y/;9M%[V7<;6SF175I14M8 MZOWK)M3)1_:G''3J!I3\_CT>OP\RW\LX8D.OVLYY[#8VP$3D7*(WAW>2^"J_J7UKSAEE:F`Q#BOP`YKI&$8TH5S!#XV)/8)UC7 M_N^D;^)!\9@G_CM$QX`I%_,Q.D\%30K<*9`AH.%!F`$U!,3SB7AAUBH,[674 M4A((6VW>\$L:8.(K$GXW!0H>N+Z'-#GS?:+CR2""%F-5?0]+8_A^C(4W4L![ M:B9-WY*0VJ5&7A=!&XQ;Q]QP+J3"_:)1_#&_D%)C%;G#E_KBBM_">#0HHMM; MV:XHYH,TZ=ELO]POM(^07KXM;D##Y3`'5"H'':!/)N[*?JHB-0./"071/&@: M:)9\?_::O&63QE@Q,`Z;`T$[]%[;)3$E;AV3"<*EMD(XL?NNNAML8W.Q,TWC'"7'5LE7%P MUN\_?3*3%&Q#@6!U0B#HZ]&)??)`L%.]%NL][K"K7^Q@5S^0KSP$`!Z)TF#V*R'!*,9M>01$"'&TQ)VF7F\71.REZ<;^M`<7 M_(AP(01!TFQ@V"*D%[.;8KYG()*_34:#H>==$WB[DJQ=P%K['D1:.:44>+]\ M84V"DXW";[MN>,Y!Z,[%30&CO%D+G+RO=/'(PYF3-EJ38&AW,;]F$[N&+IO? MR`YU>G$&ZE(TAHT]ATV'![7#0OL3NGH"F0TB+5V`CDFN/ MI!FWSIA:Q>B,&VS07R"%]P#AN*N%4D3-2D$]2+`O0@"3,:'7G!Q*\E@5A23[ M:42U2[![JFPQKP%J>Q8DR=CW6@_?_>"Z3,&8&@V3>&XW-)[>#0_NAUQL9IJ&7.XE\%N;]#:O*%:]V.TX%MG(8R$Y_&N^&68^:V;7 MB4A&+,F'T0BS@E!V.>1]C=R:BH;2,1%*:J=*Q,7UK?852]LF<)K-MBQVE+NV MWNY`2B[79-N\Y7BWVPT:EA>W=$ZI=Y.=^LE8&)J7+$#*B7I<]8CLUY<4&JBB MPK@2^U;DZ[C<"9:C,,R8,IW,Q^E@U0W&1%YOL6LE.I@Y4[J9S_/`S&DV\#*8 MA0OH"MB]3NI%E4\72<227Z0*DMY`!:K%XK^"IL#AOOI1*@4-,'M%:S@5=G8D MRM@SNMA9Y#:8I8ZE.%/YW3Q"8QP80'Y&T41_K(\NJD%\4(;TC[H44?W-AZ:# MP6%GH&"ACPQ#/7A@VWQMUTR6\U'&_NI%.!>X"<\:VI"]JC$3X;'Z-$HSDI[& M1#TL7#^E;M+X=Q0'(:D!/BCLUF+!3-7'ZM,HCA(U.K[OM]W.-P;R/_Z>FJ/? M9V,_P%FXOO>^IK)M-GTP=W5LV53I6"6(%E1Z?:5>U\-R[+7]-2Z]P&9!')0JT\8$\ M"(95[MRTRE$7K11UKC3$?196NJ9'!8W_I)6-$D0T&#/R!EG?0,3+0'Q`'`U\ MUR?A!5Z6^:S/8\>N,+,I'T\.JYB-<9$;D"1*L&+_2@M6PF:)SI`,8!4@H(0! MLPDH``^(3:#WCP"J"*@H'0HH>+O'!?4\-PD"/GL$)0`A=M:SG-V=[4H!I*_[^S/^+@FU1V/Y4;[WRQ$0E!5M8Q MUCH:`P*`5(H4L5'I2*4>&]43G\)=8<>R)L*U4>UNEQL<\*SA4B"?!EO3%>4Z M1K]DG"%:I*3&\#E%["!-,S/Q1:(D8VX`",F$S?=#_D:G%VM[LMX\#$%A4JG` M2T7A8%*9)[0H8MSR4'M`0Z?MB361V`1*1_#"J1;W39GDK8IXJ_F/2/7XJ#(D M*#?IOCX#%7-2SS2YE)&Y6JWJ4$DN;X6*@YE/U^LMU3@PYFUR[17ENLEYL^+T M<$8M>@9Q[E75'6YCE`D0X;G%[&95_AT;)H$JQKC?**5<*SI&=07TT,^D;9#?LM;ZMG$NO9KU:OC_25B!YV) MSZNU_E*?DZRRQ_^,N(F5=R+[/8D+?O-"()K[GK5;DX?(N#/)DL;&E;X^Y&,. M:,CTA\[0G6=DP!XW>**0II`DB(]\5\-SB0$8>`]_DB[:YF!I[&;)%"XCA1*A M+OK>VI`10;(8'P(I3GYX!0@1@DR$:]W6M M*W@UQ0(A4>+O(<_=8!!>*+Q/O'Q@3Y;Z:>ES1*?VT/Z0-@3 MX`@>NAQ\`3`_BDF>%:Q!'.8:R2)C+3+1V$W'4B^9+29/!7\ MO4V^T,7%?P<1,#DL>\;(Z,AQ94\G6_T.:-@CRE96(A9$*6"NN5WRR@$BAA)1 MJ#_+OAH)V)I)HE8FO42,1%93%(%?^PF8E-8'Z)>XNNPXDX2AB'$ M?,#Q4Q.+PPA(&)HXB(3I`.(^$H;]'3)Z"KM(I"H0]BE(F"R& MT5`)3,3'&C'M?,%"Q.)8_!U$Q-3`^(1TG=AB87\\([\Q@5<D?8,#G*AT.:<59+=A3O77T?K\[H=($G%O&45"2SR#P\/>`[BT)Z3=&]_"?"MT3C\*M#*1+FTCNMYF6GX4"M>5_ M>$6C^)3$P;Y1F:D^'6J'3XW:9DC7KTK(E4GBCMCM_1-B-]L8D+;&36(K+L3D M^8E2]:N=IH-H/F4Q&/^%C4TY*J).V5G5'<5A_5WTW4-M>!2&O@YX:5)W0\07 M_69U"]6I+JGIZ`:C\L1L1=@4W"DA9S1LD,Z(>5'/?8Q MLZ7M1D8)+=W1IN3H<_V"845P* M8:/CR[HXXL;/^58UKBJPMC7VZ^E/:#=#J-_M:3JTZ^*Q,R/R MFI2VFFCPU@)K<2ZU/6YN,2/KSZ]?5@["Y\`G^TOR7/&?R^*8?=USLE":7_[2;7=4O>8D[QY3`]WSPG;6?-\^!,VGQX. MKDA,S:MOE1^Y+)V<);T M(E?V\S;-/5NR-.]NU3T0Q@YYMB"I,&]QOH'D;'!.^*0SPZK+`2A&T6^ M@V[EV$GH0PWE40J.-[+]SX`D/:!MXXH<6 M\``F:836[&D0`!@8A"G(Z"D\$&A90`TLGCB6SQR+IX[%3K]PX] M=KU8H,<_6*"7Q0G^XP%(8C<&M2:A*`"`7A!.-?3DP.*)8_G,L7CJ6#S'T`N# M%JDZ4WDG-=@8X?;O[2D`SV^98M[VB2UWR'-GR;M2-:1$%2*@8JJ8TH.[#*J* M]L((?JN$I=OZ4`.HW0=J@[-;Z^T_JZE];0&#T>.T$L5N*9^1]"GR]JGJQ>V0 MJB@D3PG\ST0D$-=C+^YVYX$JG+KA%#E4`D1T?D]+D=J>8" M%JEP4WC;*,7J/R?."`[XB:*!73F1T93\Q^A+S(`.P)V1#Y-.S4.N>A=>%84L MQ$\C^2E`!9YPT"B,7WR9DBW\(+[O!AB6%0,8$X"ICW'T:=U;=0P4'HD0'I]0 M!(]Z>'B(.E&*3>*[V%/>U(*I+1H?Y(%Q/GX@8U(\3NV;QHX*]\$&1BBTB/QQ M%FUI)6:HII>F5*DE2!TOBAPL*I1FL#V2P,Z+RQU`'!A6-%4*&7_["+2NH!YN MV-J&DK[@3)HZ`DI*L/ZI3\F&&0;"QJR5T=ABL5$,*TGEZ/(;W[*PPV$[&![&`$S*%8$A5- MTGOT/(_<]"'`,\6CYZ4DXDKNV77L@)4$1"UB/\`9(SHEL$E)-NC@A;Z+-KM1 M?$+"],CWX2^&`R9^_0"&P,$R]M1[D8=?HZ:W&)@6@(HS0&`9E)L<^,S$?/)] M,P*%P?1!)S!SL\R,"HNG+&9PL,K``SB%F48QT!&T86"V2`AG$/N&AT'M#'HR MN8)I*'\;>@:#+*,(^!@S9$"2`D%3R5#R&/J)FV0R-%Y^.W`,A\/96C/K5SF) M&.82D/^$2E5)%P=>QBGW'<-`$*:4ZEN%/KGT#T9Q'(J'4!$1_<=PZL9P=N!= M:>B,$C?S,WD,D=!U'<,`3R_&X@7`#$)`)\!0S#1*HT''$$ME`5"0Z<*I'Z5P M"`,^RW4N"!S93Q%C1\",IU/@RH"-B#->U.*%@`M9X!..)/1O0(:Z;.HF1!13 M((A)_+"CB.$686:>16(.(N1BZ%D$7/5!RDD\F")N$I8Q\$$4"53XBCB+(%J$ MGCJ+_&WH68QCT/YA9Y%&@A@4`8U,X\99A"']0!YV^>T02SP$YWN)[L)2/$A: M_W4$H)?I_@WHX\@>$]5S1Y;:1]@^QX@]`AX/SX0^F(*H)?'66RO M]I.Y?B@9#7\VZOU@.4J@UJT!,=0^XLI`E%&7[[@MFZQ\TGGF1A&NK3G<"*3V M$_.]S?&XC0J1D"PV*3C+8M`!>FR5V3`*R/U6H)+X8>^KS MC"V#8C8U*,,]^]^-3PD>C?:0H\#U\.(`G,+#$4=.RQ*&%P=%+#P)2H&`*)*Z M@1(0>0KIKT?_X*]3)1$JI/(RT%%\JB8*I`G8C@?-5'C.NK/P:LT<\P?3DC"A?A($'"MH1T M&MJ1"X3Q*%2:$W\Q-C?&BH]I>TRX[D?)?0@5#=0<;A3AR1F`5/#>-(P;2"4N M#O*6/PU2`8/P.>#"]S3/&\7(K/#G@,Y]`ZM0Z/*G:,%$RT023*F<,(IC;;3R M0$X#LC:*(D0HXEUHHL%8#M!8?;^38,54(PO)(18J=(EL161:ZD,E'V8&E&,4 M1">\)#C_('K"ZWS?C<,.0@4D-GBS_-!RK M/*94S9&1;`UD@3"[J,4"^6)3`J1'ON=B+LJO#0)83<)$MZ=-=!0J`\?!5`6[ M1[%I`O6GO"RX,!,VW*3&'+>UO``1/8//<$VCIB`JHIU9$%5=X67A>5%XGUZI MX?X#"] M0]&3054%FH4H>I1T3]4SZE'(T0*-YZ=/;XZ`":-MEI1D+`CBI=TF*Y8<:IHM M*UV6BGHCE&VXP,Y!?10$L9AO'JAY&J*6%YT,4B5',=X)P@CRT0PG9T,BV?^M M=OA(1Q9[-GAVEEHUWJ M]_5.PJ8VH41`Q;8%E?US@1$Y>$2_`*>[+FPMPH&G9B&F1()4$^,_4_Z&#E": MJ@GK>\U4P^78F4XH'6\Z(4^A/XG(RSKQ$N<%[^QO"9C!<*&Y8M@<]YM>;W33 M3SPHVW+&5!M_I(91%<6/:!_T.C[HHWJCP#^ M*&/P!PQ^G\$?M0PZ+]`X-21V#&\<=/)H1%%PIGK$>C-G^79+[E()Q.G>EW6%25>O9R M[YKB$E@2-<-C#UGL8@$]8:I'[12_L;$0+E((LPP!$3XU?"&P+IZ$>!!I=6>W#$,)(PK7+-^\6'SK&L&"LOJ2ZNJN+\G. M[3S@H#KA.'T@&X>@$(JO?E3[ZLE?"0KQ(2B$HEM@:'[SY&]=(UC.9.\E`58Q MX``H\/2]=OTNT<@5Z2ZH1W\K--D5S02MG?ZHXOO%J62&)$4Q!1^$NN>U#@5# M&A.T%^1B:*M1A^O@G#$AP)\$*B$`ASWV)JF\0'VH56?*B2,G.;AYPB/-,=93 MXCE&$[]KCH^]>[4FS7*Y3182R=ZPS5_0_\2O7:\DT]8-RD27/'@!]80LYB<. M5P!@!E:U/`,UH2_&/PG^2?%/YOS$A1)$3+OKQYSL_ M8=1#C$4OJ+0VW\BWH=F(;J&N5"";X&@1YK[[G`4=.!B[@/:FGT(JX)PXB9OQ M\\`EL(5*##=%4\\YQY;B?\$.UQBJY7'3G]"55;U3LN>A%\RG6:=J]FCY\-&N M@@+.U*>O`<.45AH0._+9G4MR6,(*`ZX,BRQ1-RSX`2[S6OP8-*XD`^)#5IN, M)D\W1703.LS,Z<)B2+!,N#YB0C.D=KE^=W]]2P?B?PV'EVU> M!X=W_ETE:0QXN:5]4=_D*1,T-RVQ.^IE8* MXNE>P[84TT#SD'?U%A_^%49^S.T9_,8'[91K#GI!YBFLS_T7T$<_:/.401@/ M3WW9Q:.0C:=[\>\.$DCFN*F#+BET]V/6[G#WGG.=3XW6ZWFL M,AFUUEI.7KR[#,PO_V+=B3+\]:4/..9W_;2^`C'+BGV'D8DR96U2\3&V@F6[,'C?V;@K'Y:?\ M6\L\Q!H8IV(:77A4SP[4B5A-ZVFGW-QZ+9"Q9R93FS46@$0M`\#=;,_VQ M6,SOL;W&$.9[G;_J+G&MK>5\:+.-D4Y?:[U`]_*R/]`](;,/A$LP$#O<.[EF M7Q_LWZ:&M-W\BF[F@<\15VW<$8ZT[$ST4G8F.E.]A+H.]UV&%Z;%PX.:FSZX M%U>CN]BO,3:LR7`4TM*?"]_?PZ#ZR).4OLE/ZR>8WT,:IOU:X_\J&_5($_W= M;Q;,HEX8HD-`N-=Q?Z0)6E6:VYI*A*=MKL2D8=?>[!O+B1 M$8UIL`V1P]`MFG`GD%PW1#(LO!RVT&+S-,&NA3?'&]*[Z8.]<\:/S:Y-S5Y; M]QSVOBVFY'CN8:CJAPQD;.FD&*HRT^VAMJ)OEPT,#-!A>V[F.MQOXXWPD<<' MWK#I]1@A=(.G,VKNU&IF\XJ;.[6NO]'-G0SI[O6#C;D7-O/L@^=U:.N:W:P. MWL6]K5K&D\.-2EJ(VZP1VT4,'FAN,IG'6:U)C@7^\&P#I`KG]`8WW^WYM;"> M%JDK-A/E%A.8H2?U1^`7MZX)Q;%$C6JVL142Q?9_$]B+)ONK">JIDG$*(5 M^Q8T%E"_Q"TAM?-[Z;M]HKZ]KL&K//070\JJG]PM`ZYT5)#OWEG5[\+ M>P^+5EN*NFEFT-%H=](P.F.TVEP\\`6U3ANMEAGW&+RKYN7A^WFMAP7MAQ:1 M=.EA4W,:(K-RDO<0&?OPG?UC=LS\ME>Z;8#'J,Q5R.I[_^X<'WAJO[K?_+4+UR6FUI/#^J6JEUU%%B^5N`4\ MG27B%A$_4/_1*0,3,P?]B"YAC?M# M'^G;Q-:]?>LR#]"=;AHV[ZY':R7\[OIPW^([G^D!0H.(W_&V88#H?G@0*+H? M[P-&SU,]X'A\AGK*P MEFB.T1<^Z:S'_E/`68[-JT,2$GNB1AX['Q%?-4>'C'G5DMG$F8G6ZW?+`NQ9 M&Q^=GAL>/Q]PX/(I$[`+SVWB_`N9O/:Q4'G,&J^&B/FV$8:H'"VJMUY=C['G M%Q?;ZB8L*CG0&@IN6.^$%MF\PY8/V.W5AJDL\QU:)FX=)#3-._ZT7TT"9GW_<,(3;,I5@244;\XU:J M&XV3J$XUT?(@WEEW5+MLYG;@_KLSA*!)G5O,18+,*,R')20*F8O&<9<7-\7B M2H3Q;G.;PT<$L=;=5\V1U48-'77`81EPY.P9QEV\!A.Z[NJ^_1FH`&PZ"3S` M#5'Q_E)\6.0KC3QV%"(:+`?KQK2W^59QH9[;;,QJ.#N\RUS;S_1-^?#=-J`> MFH]MM8>>.=U?3YPI9QY''5/I%18!W3IF8^::TPGH,PM:"-H]B)8?9&Q:NIB74+9'+SEUT&Z2?ZJ#BI%V0 M#)DA#3EDGU#(AC>`_OWW?;[@J(F:8E0?CX2)%H4W$KOO>LI/A4;Y5:J8E*@M M./]]Q`XM*?`R>G+252B=@PY141F`L]!1%<,E&($5?^@1]QC9Z MU:'!V\;]P=.RT;F[/=ZBP7=[/&[I04C9*/6\3P7=KLFA@ MU#>;4?2;:_=A&"87!*`J);_J"XL637_*UUV4K6RL)WT=UN#\-5^(16%^S?>= MK_>M@)(G?9\E'^LIW_<2>6+;)&_<.\-[#5VX4J M>7_Q#4AT60GA^A!OYV>UZHP+!O:^[/6CS+8D-F&C*(SC=#1)WN]NUEL*#D.% M>G][F&S)+<10*H;V(9, M^"?N`+RX=92@WZ7!_^1U_]2M]_\4=/\4=O[T,[<-_(X5_(!J@A_N^. M:0]H29\:T?MK-'3>B"Y5$L??YG.*]%1%AOQ`E++J'//BM)+%A09MTD?KL51( MOL&"P4H,IOZI1N3V/9!L^*);!<]Z5CUXT#_EJSV&#F>/,R*&I>VO]T#TJ!%J MO016[PON)XV36H5R)LOE+))?`=M1]:AVQ>J.,KIGE=%?K=?SK^6"!5>.L[M2 M;FY0)DO\**/NNKS;;[ED5]MM*@?OTS?E33V04Z9OZOM,GN[]957.2]SB`\O. M0MNR>U?:(ICZ99V);9,Y&C_1O4:NM#=OSKK-F#!<\?<]JAPOOY`S>[!KM1?: M[]9?M$VL^>/[V6Z"E2![?O3M/]9,F[T&S5Y#8Z]=\1"(^I/L'X%A=MOU-L(* M:#-:Z;OZ+%NMM?29M[O$A<&C4BAI@Z@)P<^X!7!%$:_`>454OS,W7S'(+MEN MH$,>)-$Q5>"&Y6UAPY#NS42J)A*WW8WS=Y8E\$W[!1$WRO3)9[-B4;!O`2>R MR#=58<[(?A[JK\/=EA6A&4,>>0(#<%]NZ;&=)G<+GDT`#*7T9*AF]1LG,7TNKAQG,]W,PF+^4.:!ZHE(JN MH?5,:V\1`NS3O\$IKYP<=LIB>D2DJH72UX(IOG=6.<5AW(M$7;9S&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"%`,4 M````"``C.65'&&D/?,@"``"_"P``$```````````````@`'M!```9&]C4')O M<',O87!P+GAM;%!+`0(4`Q0````(`",Y94<\[()N/@$``&D#```1```````` M``````"``>,'``!D;V-09 M7)PC$`8``)PG```3``````````````"``5`)``!X;"]T:&5M92]T:&5M93$N M>&UL4$L!`A0#%`````@`(SEE1^4E3QI?`@``J`L```T``````````````(`! MD0\``'AL+W-T>6QE&PO=V]R:V)O;VLN>&UL4$L!`A0#%`````@` M(SEE1\C2VU*?`@``,0H``!@``````````````(`!)A8``'AL+W=O&PO=V]R M:W-H965T&UL4$L!`A0#%`````@`(SEE1U1UD:;]`0``<`4` M`!@``````````````(`!ER$``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1Y0J\:+^!0``XB@``!@``````````````(`! MH2P``'AL+W=OO M3[Q5_`$``%D%```8``````````````"``=4R``!X;"]W;W)K&PO=V]R:W-H965T&UL4$L!`A0#%`````@` M(SEE1Z@=,)SU`0``\@4``!D``````````````(`!&CL``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1[E0)%FA`0`` ML0,``!D``````````````(`!^4```'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1\!`9"2A`0``L0,``!D````````` M`````(`!A48``'AL+W=O&PO=V]R:W-H M965T&UL4$L! M`A0#%`````@`(SEE1[.&G)B?`0``L0,``!D``````````````(`!#DP``'AL M+W=O&PO=V]R:W-H965TT?6Z^H@$``+$#```9``````````````"` M`;Q/``!X;"]W;W)K&UL4$L!`A0#%`````@`(SEE M1]3/O<*^`0``>P0``!D``````````````(`!E5$``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1VG@H\C7`0``104` M`!D``````````````(`!MU<``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1XBQ%0*O`0``%@0``!D````````````` M`(`!>5T``'AL+W=O&PO=V]R:W-H965T M9XQ]D80(``*0(```9```` M``````````"``0!D``!X;"]W;W)K&UL4$L!`A0# M%`````@`(SEE1PD)%PV/`P``*!$``!D``````````````(`!F&8``'AL+W=O M M"@``&0``````````````@`%>:@``>&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1UA= M87_?`@``G0T``!D``````````````(`!U'$``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1TVO7P7)#0``.FT``!D` M`````````````(`!UWP``'AL+W=O&PO M=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1]2KGR[N`0``:P4``!D``````````````(`! MH:0``'AL+W=O&PO=V]R:W-H965TNI``!X;"]W;W)K&UL4$L!`A0#%``` M``@`(SEE1^&'!_@_"@``%D,``!D``````````````(`!H:X``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`(SEE1[UX05@8 M;P``<>(!`!0``````````````(`!@+\``'AL+W-H87)E9%-T&UL 64$L%!@`````V`#8`K`X``,HN`0`````` ` end XML 15 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Fair Values and Gains and Losses of All Derivatives Held (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Derivatives, Fair Value [Line Items]          
Asset derivatives fair values $ 143 $ 800 $ 143 $ 800 $ 896
Liability derivatives fair value 41,621 7,009 41,621 7,009 6,105
Derivative Instruments, Gain (Loss) [Line Items]          
Net gain/(loss) on derivative 2,012 1,240 2,084 1,132  
Net Gain/(Loss) From Investments [Member] | Foreign Exchange Contracts [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Net gain/(loss) on derivative 1,985 482 1,885 541  
Net Gain/(Loss) From Investments [Member] | Equity Contracts [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Net gain/(loss) on derivative 27 758 199 591  
Derivatives Designated As Hedging Instruments Under FASB ASC 815-20 [Member]          
Derivatives, Fair Value [Line Items]          
Asset derivatives fair values 0 0 0 0 0
Liability derivatives fair value 36,354 0 36,354 0 0
Derivatives Designated As Hedging Instruments Under FASB ASC 815-20 [Member] | Receivable From Brokers [Member] | Foreign Exchange Contracts [Member]          
Derivatives, Fair Value [Line Items]          
Asset derivatives fair values 0 0 0 0 0
Derivatives Designated As Hedging Instruments Under FASB ASC 815-20 [Member] | Payable To Brokers [Member] | Foreign Exchange Contracts [Member]          
Derivatives, Fair Value [Line Items]          
Liability derivatives fair value 36,354 0 36,354 0 0
Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20 [Member]          
Derivatives, Fair Value [Line Items]          
Asset derivatives fair values 143 800 143 800 896
Liability derivatives fair value 5,267 7,009 5,267 7,009 6,105
Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20 [Member] | Receivable From Brokers [Member] | Foreign Exchange Contracts [Member]          
Derivatives, Fair Value [Line Items]          
Asset derivatives fair values 0 0 0 0 0
Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20 [Member] | Payable To Brokers [Member] | Foreign Exchange Contracts [Member]          
Derivatives, Fair Value [Line Items]          
Liability derivatives fair value 5,172 6,343 5,172 6,343 5,470
Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20 [Member] | Investments In Securities [Member] | Equity Contracts [Member]          
Derivatives, Fair Value [Line Items]          
Asset derivatives fair values 143 800 143 800 896
Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20 [Member] | Securities Sold, Not yet Purchased [Member] | Equity Contracts [Member]          
Derivatives, Fair Value [Line Items]          
Liability derivatives fair value $ 95 $ 666 $ 95 $ 666 $ 635
XML 16 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 17 R25.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investments in Partnerships, Offshore Funds and Variable Interest Entities (Tables)
9 Months Ended
Sep. 30, 2015
Investments in Partnerships, Offshore Funds and Variable Interests [Abstract]  
Schedule of Number of Entities Consolidated
The following table highlights the number of entities, including voting interest entities ("VOEs"), that we consolidate as well as under which accounting guidance they are consolidated, including CFFs, which retain their specialized investment company accounting in consolidation, partnerships and offshore funds.

Entities consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CFFs
 
Partnerships
 
Offshore Funds
 
Total
 
 
VIEs
VOEs
 
VIEs
VOEs
 
VIEs
VOEs
 
VIEs
VOEs
Entities consolidated at December 31, 2013
 
1
2
 
-
1
 
-
1
 
1
4
Additional consolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Deconsolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Entities consolidated at September 30, 2014
 
1
2
 
-
1
 
-
1
 
1
4
Additional consolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Deconsolidated entities
 
-
-
 
-
-
 
-
-
 
-
-
Entities consolidated at December 31, 2014
 
1
2
 
-
1
 
-
1
 
1
4
Additional consolidated entities
 
-
1
 
-
1
 
1
-
 
1
2
Deconsolidated entities
 
-
(1)
 
-
-
 
-
(1)
 
-
(2)
Entities consolidated at September 30, 2015
 
1
2
 
-
2
 
1
-
 
2
4

Investments in Partnerships by Accounting Method
The following table breaks down the investments in partnerships line by accounting method, either fair value or equity method, and investment type (in thousands):

  
September 30, 2015
 
 
Investment Type
 
 
Affiliated
 
Unaffiliated
 
 
  
Consolidated
          
Accounting method
 
 Feeder Funds
 
Partnerships
 
Offshore Funds
 
Partnerships
 
Offshore Funds
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
$               14,317
 
$               -
 
$               -
 
$               -
 
$               -
 
$               14,317
Equity Method
 
-
 
38,318
 
34,552
 
6,286
 
7,552
 
86,708
 
 
           
Total
 
$               14,317
 
$               38,318
 
$               34,552
 
$               6,286
 
$               7,552
 
$              101,025

  
December 31, 2014
 
 
Investment Type
 
 
Affiliated
 
Unaffiliated
 
 
  
Consolidated
          
Accounting method
 
 Feeder Funds
 
Partnerships
 
Offshore Funds
 
Partnerships
 
Offshore Funds
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
$               23,803
 
$               -
 
$               -
 
$               -
 
$               -
 
$               23,803
Equity Method
 
-
 
34,385
 
36,033
 
6,552
 
6,864
 
83,834
 
 
           
Total
 
$               23,803
 
$               34,385
 
$               36,033
 
$               6,552
 
$               6,864
 
$               107,637

  
September 30, 2014
 
 
Investment Type
 
 
Affiliated
 
Unaffiliated
 
 
  
Consolidated
          
Accounting method
 
 Feeder Funds
 
Partnerships
 
Offshore Funds
 
Partnerships
 
Offshore Funds
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
$               24,094
 
$               -
 
$               -
 
$               -
 
$               -
 
$               24,094
Equity Method
 
-
 
34,967
 
34,185
 
6,611
 
7,577
 
83,340
 
 
           
Total
 
$               24,094
 
$               34,967
 
$               34,185
 
$               6,611
 
$               7,577
 
$               107,434

Condensed Consolidated Statements Of Financial Condition By Entity Consolidated
The following table includes the net impact by line item on the condensed consolidated statements of financial condition for each category of entity consolidated (in thousands):

 
 
September 30, 2015
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$    425,549
 
$    2
 
$    52
 
$    13
 
$    425,616
Investments in securities
 
118,401
 
-
 
7,807
 
709
 
126,917
Investments in sponsored investment companies
 
115,046
 
-
 
-
 
-
 
115,046
Investments in partnerships
 
105,097
 
4,817
 
(8,504)
 
(385)
 
101,025
Receivable from brokers
 
50,960
 
-
 
1,933
 
25
 
52,918
Investment advisory fees receivable
 
28,615
 
5
 
9
 
-
 
28,629
Other assets
 
22,363
 
16
 
137
 
2
 
22,518
Total assets
 
$    866,031
 
$    4,840
 
$    1,434
 
$    364
 
$    872,669
Liabilities and equity
 
         
Securities sold, not yet purchased
 
$    5,231
 
$    -
 
$    140
 
$    206
 
$    5,577
Accrued expenses and other liabilities
 
188,770
 
38
 
155
 
81
 
189,044
Total debt
 
106,750
 
-
 
-
 
-
 
106,750
Redeemable noncontrolling interests
 
-
 
4,802
 
1,139
 
77
 
6,018
Total equity
 
565,280
 
-
 
-
 
-
 
565,280
Total liabilities and equity
 
$    866,031
 
$    4,840
 
$    1,434
 
$    364
 
$    872,669

 
 
December 31, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$    298,149
 
$    (11)
 
$    86
 
$    -
 
$    298,224
Investments in securities
 
200,443
 
-
 
7,801
 
51,293
 
259,537
Investments in sponsored investment companies
 
39,537
 
-
 
-
 
-
 
39,537
Investments in partnerships
 
111,380
 
4,438
 
(8,181)
 
-
 
107,637
Receivable from brokers
 
24,301
 
-
 
623
 
51,155
 
76,079
Investment advisory fees receivable
 
42,102
 
(6)
 
(2)
 
(222)
 
41,872
Other assets
 
43,393
 
-
 
-
 
151
 
43,544
Total assets
 
$    759,305
 
$    4,421
 
$    327
 
$    102,377
 
$    866,430
Liabilities and equity
 
         
Securities sold, not yet purchased
 
$    9,991
 
$    -
 
$    -
 
$    604
 
$    10,595
Accrued expenses and other liabilities
 
109,356
 
22
 
24
 
38,141
 
147,543
Total debt
 
112,163
 
-
 
-
 
-
 
112,163
Redeemable noncontrolling interests
 
-
 
4,399
 
303
 
63,632
 
68,334
Total equity
 
527,795
 
-
 
-
 
-
 
527,795
Total liabilities and equity
 
$    759,305
 
$    4,421
 
$    327
 
$    102,377
 
$    866,430

 
 
September 30, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$    358,316
 
$    7
 
$    98
 
$    -
 
$    358,421
Investments in securities
 
203,280
 
-
 
8,836
 
42,514
 
254,630
Investments in sponsored investment companies
 
39,520
 
-
 
-
 
-
 
39,520
Investments in partnerships
 
110,679
 
4,684
 
(7,929)
 
-
 
107,434
Receivable from brokers
 
31,388
 
-
 
306
 
48,191
 
79,885
Investment advisory fees receivable
 
31,221
 
17
 
(1)
 
(82)
 
31,155
Other assets
 
28,528
 
24
 
(1,000)
 
163
 
27,715
Total assets
 
$    802,932
 
$    4,732
 
$    310
 
$    90,786
 
$    898,760
Liabilities and equity
 
         
Securities sold, not yet purchased
 
$    13,549
 
$    -
 
$    -
 
$    631
 
$    14,180
Accrued expenses and other liabilities
 
166,209
 
71
 
31
 
39,009
 
205,320
Total debt
 
111,941
 
-
 
-
 
-
 
111,941
Redeemable noncontrolling interests
 
-
 
4,661
 
279
 
51,146
 
56,086
Total equity
 
511,233
 
-
 
-
 
-
 
511,233
Total liabilities and equity
 
$    802,932
 
$    4,732
 
$    310
 
$    90,786
 
$  898,760

Condensed Consolidated Statements Of Income By Entity Consolidated
The following table includes the net impact by line item on the condensed consolidated statements of income for each category of entity consolidated (in thousands):

 
 
Three Months Ended September 30, 2015
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     96,558
 
$     (10)
 
$     (2)
 
$     -
 
$     96,546
Total expenses
 
60,304
 
23
 
20
 
3
 
60,350
Operating income
 
36,254
 
(33)
 
(22)
 
(3)
 
36,196
Total other income/(expense), net
 
(12,093)
 
(268)
 
(120)
 
(19)
 
(12,500)
Income before income taxes
 
24,161
 
(301)
 
(142)
 
(22)
 
23,696
Income tax provision
 
9,245
 
-
 
-
 
-
 
9,245
Net income
 
14,916
 
(301)
 
(142)
 
(22)
 
14,451
Net loss attributable to noncontrolling interests
 
(53)
 
(301)
 
(142)
 
(22)
 
(518)
Net income attributable to GAMCO
 
$     14,969
 
$     -
 
$     -
 
$     -
 
$     14,969

 
 
Three Months Ended September 30, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     111,073
 
$     (7)
 
$     -
 
$     (208)
 
$     110,858
Total expenses
 
66,980
 
20
 
12
 
260
 
67,272
Operating income
 
44,093
 
(27)
 
(12)
 
(468)
 
43,586
Total other income, net
 
(7,462)
 
(186)
 
(18)
 
(2,323)
 
(9,989)
Income before income taxes
 
36,631
 
(213)
 
(30)
 
(2,791)
 
33,597
Income tax provision
 
13,045
 
-
 
-
 
-
 
13,045
Net income
 
23,586
 
(213)
 
(30)
 
(2,791)
 
20,552
Net income attributable to noncontrolling interests
 
(79)
 
(213)
 
(30)
 
(2,791)
 
(3,113)
Net income attributable to GAMCO
 
$     23,665
 
$     -
 
$     -
 
$     -
 
$     23,665


 
 
Nine Months Ended September 30, 2015
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     303,139
 
$     (26)
 
$     (4)
 
$     (14)
 
$     303,095
Total expenses
 
197,828
 
95
 
50
 
32
 
198,005
Operating income
 
105,311
 
(121)
 
(54)
 
(46)
 
105,090
Total other income/(expense), net
 
(3,016)
 
(177)
 
(102)
 
9
 
(3,286)
Income before income taxes
 
102,295
 
(298)
 
(156)
 
(37)
 
101,804
Income tax provision
 
38,547
 
-
 
-
 
-
 
38,547
Net income
 
63,748
 
(298)
 
(156)
 
(37)
 
63,257
Net loss attributable to noncontrolling interests
 
(98)
 
(298)
 
(156)
 
(37)
 
(589)
Net income attributable to GAMCO
 
$     63,846
 
$     -
 
$     -
 
$     -
 
$     63,846

 
 
Nine Months Ended September 30, 2014
 
 
Prior to
 
 
 
 
 
Offshore
 
 
  
Consolidation
 
CFFs
 
Partnerships
 
Funds
 
As Reported
Total revenues
 
$     324,287
 
$     (21)
 
$     (2)
 
$     (633)
 
$     323,631
Total expenses
 
205,207
 
34
 
38
 
730
 
206,009
Operating income
 
119,080
 
(55)
 
(40)
 
(1,363)
 
117,622
Total other income, net
 
6,172
 
20
 
19
 
(1,186)
 
5,025
Income before income taxes
 
125,252
 
(35)
 
(21)
 
(2,549)
 
122,647
Income tax provision
 
44,796
 
-
 
-
 
-
 
44,796
Net income
 
80,456
 
(35)
 
(21)
 
(2,549)
 
77,851
Net income/(loss) attributable to noncontrolling interests
 
(113)
 
(35)
 
(21)
 
(2,549)
 
(2,718)
Net income attributable to GAMCO
 
$     80,569
 
$     -
 
$     -
 
$     -
 
$     80,569
GAMCO's Net Interest in Consolidated VIEs
The assets of these VIEs may only be used to satisfy obligations of the VIEs.  The following table presents the balances related to the VIEs that are consolidated and are included on the condensed consolidated statements of financial condition as well as GAMCO's net interest in the VIEs.  There are two VIEs consolidated at  September 30, 2015 and one VIE consolidated at December 31, 2014 and September 30, 2014:

 
 
September 30, 2015
 
December 31, 2014
 
September 30, 2014
(In thousands)
 
 
 
 
 
 
Cash and cash equivalents
 
$       13
 
$              -
 
$              1
Investments in securities
 
709
 
-
 
-
Investments in partnerships
 
5,116
 
 13,434
 
 13,618
Receivable from brokers
 
25
 
-
 
-
Other assets
 
3
 
-
 
-
Payable to brokers
 
(62)
 
-
 
-
Securities sold, not yet purchased
 
(206)
 
-
 
-
Accrued expenses and other liabilities
 
(27)
 
(12)
 
(15)
Redeemable noncontrolling interests
 
(615)
 
(794)
 
(962)
GAMCO's net interests in consolidated VIE
 
$     4,956
 
$     12,628
 
$     12,642

XML 18 R42.htm IDEA: XBRL DOCUMENT v3.3.0.814
Debt (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2015
USD ($)
DebentureRepurchased
$ / shares
Sep. 30, 2014
USD ($)
DebentureRepurchased
Sep. 30, 2015
USD ($)
DebentureRepurchased
$ / shares
Sep. 30, 2014
USD ($)
DebentureRepurchased
Dec. 31, 2014
USD ($)
Long-term debt [Abstract]          
Carrying Value $ 106,750,000 $ 111,941,000 $ 106,750,000 $ 111,941,000 $ 112,163,000
Fair Value Level 2 113,425,000 120,975,000 113,425,000 120,975,000 123,123,000
Loss on extinguishment of debt     (310,000) (84,000)  
5.875% Senior notes [Member]          
Long-term debt [Abstract]          
Carrying Value $ 100,000,000 $ 100,000,000 $ 100,000,000 $ 100,000,000 $ 100,000,000
Debt maturity date Jun. 01, 2021        
Stated interest rate (in hundredths) 5.875% 5.875% 5.875% 5.875% 5.875%
Debt maturity period 10 years        
Face value of debt $ 100,000,000   $ 100,000,000    
Percentage principal amount to offered to repurchase notes (in hundredths) 101.00%        
5.875% Senior notes [Member] | Level 2 [Member]          
Long-term debt [Abstract]          
Fair Value Level 2 $ 106,625,000 $ 108,200,000 106,625,000 $ 108,200,000 $ 110,123,000
0% Subordinated debentures [Member]          
Long-term debt [Abstract]          
Carrying Value $ 6,750,000 $ 11,941,000 $ 6,750,000 $ 11,941,000 $ 12,163,000
Debt maturity date Dec. 31, 2015        
Stated interest rate (in hundredths) 0.00% 0.00% 0.00% 0.00% 0.00%
Effective interest rate (in hundredths) 7.45% 7.45% 7.45% 7.45% 7.45%
Debentures repurchased (face value) $ 1,600 $ 100,000 $ 6,200,000 $ 700,000  
Debentures repurchased (loss in dollars) $ 1,000 $ 10,000 310,000 $ 84,000  
Debt maturity period 5 years        
Face value of debt $ 86,400,000   $ 86,400,000    
Dividends declared related to issuance of debt (in dollars per share) | $ / shares $ 3.20        
Par value of debentures | $ / shares $ 100   $ 100    
Debt redemption price as percentage of principal amount (in hundredths) 100.00%   100.00%    
Number of debentures repurchased | DebentureRepurchased 16 1,032 62,242 7,165  
Maximum amount of debt and equity to be issued under Shelf Registration $ 500,000,000   $ 500,000,000    
Amount available for debt and equity issuance under Shelf Registration 500,000,000   500,000,000    
0% Subordinated debentures [Member] | Level 2 [Member]          
Long-term debt [Abstract]          
Fair Value Level 2 $ 6,800,000 $ 12,775,000 $ 6,800,000 $ 12,775,000 $ 13,000,000
XML 19 R37.htm IDEA: XBRL DOCUMENT v3.3.0.814
Fair Value (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Assets          
Investments in partnerships $ 14,317 $ 24,094 $ 14,317 $ 24,094 $ 23,803
Liabilities          
Securities sold, not yet purchased 5,577 14,180 5,577 14,180 10,595
Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis [Roll Forward]          
Beginning Balance 1,218 1,010 1,587 984  
Total Realized and Unrealized Gains or (Losses) - Trading (126) 8 (64) 24  
Total Realized and Unrealized Gains or (Losses) in Income - AFS Investments 0 0 0 0  
Total Unrealized Gains or (Losses) Included in Other Comprehensive Income 0 0 0 0  
Total Realized and Unrealized Gains or (Losses) (126) 8 (64) 24  
Purchases 0 0 11 10  
Sales 0 0 442 0  
Transfers In and/or (Out) of Level 3 0 0 0 0  
Ending Balance 1,092 1,018 1,092 1,018  
Recurring Basis [Member]          
Assets          
Cash equivalents 425,392 358,210 425,392 358,210 297,971
Investments in partnerships 14,319 24,094 14,319 24,094 23,803
Investments in securities:          
AFS-Common stocks 34,095 36,380 34,095 36,380 38,942
AFS-Mutual Funds 1,174 1,389 1,174 1,389 1,368
Trading-Government obligations 0 20,999 0 20,999 18,996
Trading-Common Stocks 87,745 190,939 87,745 190,939 195,029
Trading-Mutual Funds 3,180 3,373 3,180 3,373 3,498
Trading-Other 723 1,550 723 1,550 1,704
Total investments in securities 126,917 254,630 126,917 254,630 259,537
Investments in sponsored registered investment companies: [Abstract]          
AFS - Closed-end Funds 70,349 36,142 70,349 36,142 36,323
AFS - Mutual Funds 2,877 3,377 2,877 3,377 3,213
Trading - Mutual Funds 41,820 1 41,820 1 1
Total investments in sponsored registered investment companies 115,046 39,520 115,046 39,520 39,537
Total investments 256,282 318,244 256,282 318,244 322,877
Total assets at fair value 681,674 676,454 681,674 676,454 620,848
Liabilities          
Trading-Common Stocks 5,482 13,514 5,482 13,514 9,960
Trading-Other 95 666 95 666 635
Securities sold, not yet purchased 5,577 14,180 5,577 14,180 10,595
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Recurring Basis [Member]          
Assets          
Cash equivalents 425,392 358,210 425,392 358,210 297,971
Investments in partnerships 0 0 0 0 0
Investments in securities:          
AFS-Common stocks 34,095 36,380 34,095 36,380 38,942
AFS-Mutual Funds 1,174 1,389 1,174 1,389 1,368
Trading-Government obligations 0 20,999 0 20,999 18,996
Trading-Common Stocks 86,970 190,215 86,970 190,215 193,735
Trading-Mutual Funds 3,180 3,373 3,180 3,373 3,498
Trading-Other 263 453 263 453 513
Total investments in securities 125,682 252,809 125,682 252,809 257,052
Investments in sponsored registered investment companies: [Abstract]          
AFS - Closed-end Funds 70,349 36,142 70,349 36,142 36,323
AFS - Mutual Funds 2,877 3,377 2,877 3,377 3,213
Trading - Mutual Funds 41,820 1 41,820 1 1
Total investments in sponsored registered investment companies 115,046 39,520 115,046 39,520 39,537
Total investments 240,728 292,329 240,728 292,329 296,589
Total assets at fair value 666,120 650,539 666,120 650,539 594,560
Liabilities          
Trading-Common Stocks 5,482 13,514 5,482 13,514 9,960
Trading-Other 0 0 0 0 0
Securities sold, not yet purchased 5,482 13,514 5,482 13,514 9,960
Significant Other Observable Inputs (Level 2) [Member] | Recurring Basis [Member]          
Assets          
Cash equivalents 0 0 0 0 0
Investments in partnerships 14,319 24,094 14,319 24,094 23,803
Investments in securities:          
AFS-Common stocks 0 0 0 0 0
AFS-Mutual Funds 0 0 0 0 0
Trading-Government obligations 0 0 0 0 0
Trading-Common Stocks 0 0 0 0 1
Trading-Mutual Funds 0 0 0 0 0
Trading-Other 143 803 143 803 897
Total investments in securities 143 803 143 803 898
Investments in sponsored registered investment companies: [Abstract]          
AFS - Closed-end Funds 0 0 0 0 0
AFS - Mutual Funds 0 0 0 0 0
Trading - Mutual Funds 0 0 0 0 0
Total investments in sponsored registered investment companies 0 0 0 0 0
Total investments 14,462 24,897 14,462 24,897 24,701
Total assets at fair value 14,462 24,897 14,462 24,897 24,701
Liabilities          
Trading-Common Stocks 0 0 0 0 0
Trading-Other 95 666 95 666 635
Securities sold, not yet purchased 95 666 95 666 635
Significant Unobservable Inputs (Level 3) [Member] | Recurring Basis [Member]          
Assets          
Cash equivalents 0 0 0 0 0
Investments in partnerships 0 0 0 0 0
Investments in securities:          
AFS-Common stocks 0 0 0 0 0
AFS-Mutual Funds 0 0 0 0 0
Trading-Government obligations 0 0 0 0 0
Trading-Common Stocks 775 724 775 724 1,293
Trading-Mutual Funds 0 0 0 0 0
Trading-Other 317 294 317 294 294
Total investments in securities 1,092 1,018 1,092 1,018 1,587
Investments in sponsored registered investment companies: [Abstract]          
AFS - Closed-end Funds 0 0 0 0 0
AFS - Mutual Funds 0 0 0 0 0
Trading - Mutual Funds 0 0 0 0 0
Total investments in sponsored registered investment companies 0 0 0 0 0
Total investments 1,092 1,018 1,092 1,018 1,587
Total assets at fair value 1,092 1,018 1,092 1,018 1,587
Liabilities          
Trading-Common Stocks 0 0 0 0 0
Trading-Other 0 0 0 0 0
Securities sold, not yet purchased 0 0 0 0 0
Investment in Sponsored Registered Investment Companies [Member]          
Investments in securities:          
Total investments in securities 105,048 23,742 105,048 23,742 $ 23,861
Trading - Common stocks [Member]          
Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis [Roll Forward]          
Beginning Balance 920 716 1,293 700  
Total Realized and Unrealized Gains or (Losses) - Trading (145) 8 (166) 24  
Total Realized and Unrealized Gains or (Losses) in Income - AFS Investments 0 0 0 0  
Total Unrealized Gains or (Losses) Included in Other Comprehensive Income 0 0 0 0  
Total Realized and Unrealized Gains or (Losses) (145) 8 (166) 24  
Purchases 0 0 6 0  
Sales 0 0 358 0  
Transfers In and/or (Out) of Level 3 0 0 0 0  
Ending Balance 775 724 775 724  
Trading - Other [Member]          
Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis [Roll Forward]          
Beginning Balance 298 294 294 284  
Total Realized and Unrealized Gains or (Losses) - Trading 19 0 102 0  
Total Realized and Unrealized Gains or (Losses) in Income - AFS Investments 0 0 0 0  
Total Unrealized Gains or (Losses) Included in Other Comprehensive Income 0 0 0 0  
Total Realized and Unrealized Gains or (Losses) 19 0 102 0  
Purchases 0 0 5 10  
Sales 0 0 84 0  
Transfers In and/or (Out) of Level 3 0 0 0 0  
Ending Balance $ 317 $ 294 $ 317 $ 294  
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 63,257,000 $ 77,851,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Equity in net gains from partnerships (681,000) (572,000)
Depreciation and amortization 475,000 507,000
Stock based compensation expense 6,819,000 5,182,000
Deferred income taxes (8,033,000) (3,472,000)
Tax benefit from exercise of stock options 102,000 349,000
Foreign currency translation gain/(loss) (22,000) (15,000)
Other-than-temporary loss on available for sale securities 150,000 69,000
Fair value of donated securities 104,000 1,502,000
Gains on sales of available for sale securities (30,000) (3,511,000)
Accretion of zero coupon debentures 502,000 661,000
Loss on extinguishment of debt 310,000 84,000
(Increase) decrease in assets:    
Investments in trading securities 29,096,000 (22,376,000)
Investments in partnerships:    
Contributions to partnerships (15,170,000) (15,698,000)
Distributions from partnerships 22,800,000 4,828,000
Receivable from brokers (24,745,000) (30,424,000)
Investment advisory fees receivable 13,046,000 20,351,000
Income tax receivable and deferred tax assets 68,000 (1,988,000)
Other assets 20,402,000 563,000
Increase (decrease) in liabilities:    
Payable to brokers 42,930,000 36,026,000
Income taxes payable and deferred tax liabilities (5,019,000) (4,950,000)
Compensation payable 48,768,000 58,873,000
Mandatorily redeemable noncontrolling interests (45,000) (51,000)
Accrued expenses and other liabilities 5,092,000 (1,639,000)
Total adjustments 136,919,000 44,299,000
Net cash provided by operating activities 200,176,000 122,150,000
Investing activities    
Purchases of available for sale securities (43,030,000) (6,252,000)
Proceeds from sales of available for sale securities 1,064,000 8,018,000
Return of capital on available for sale securities 554,000 827,000
Net cash provided by investing activities (41,412,000) 2,593,000
Financing activities    
Contributions from redeemable noncontrolling interests 1,036,000 53,607,000
Redemptions of redeemable noncontrolling interests (602,000) (1,666,000)
Payments to Noncontrolling Interests 0 0
Proceeds from exercise of stock options 1,169,000 1,637,000
Repurchase of zero coupon subordinated debentures (6,224,000) (715,000)
Dividends paid (5,252,000) (4,567,000)
Purchase of treasury stock (21,530,000) (25,074,000)
Net cash provided used in financing activities (31,403,000) 23,222,000
Effect of exchange rates on cash and cash equivalents 8,000 5,000
Net increase in cash and cash equivalents 127,369,000 147,970,000
Cash and cash equivalents at beginning of period 298,224,000 210,451,000
Increase in cash from consolidation 10,000 0
Increase in cash from deconsolidation 13,000 0
Cash and cash equivalents at end of period 425,616,000 358,421,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,897,000 3,847,000
Cash paid for taxes $ 49,590,000 $ 52,956,000
XML 21 R43.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity (Details)
3 Months Ended 9 Months Ended 12 Months Ended 201 Months Ended
Sep. 30, 2015
USD ($)
VoteperShare
IncentivePlan
$ / shares
shares
Jun. 30, 2015
$ / shares
Mar. 31, 2015
$ / shares
Dec. 31, 2014
USD ($)
shares
Sep. 30, 2014
USD ($)
$ / shares
shares
Jun. 30, 2014
USD ($)
$ / shares
Mar. 31, 2014
USD ($)
$ / shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2014
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Aug. 04, 2015
shares
Stockholders' Equity [Abstract]                        
Shares outstanding (in shares) | shares 25,500,000     25,900,000 25,900,000     25,500,000 25,900,000 25,900,000 25,500,000  
Dividends Payable [Line Items]                        
Dividends declared (in dollars per share) | $ / shares $ 0.07       $ 0.06     $ 0.21 $ 0.18      
Dividend payment date Sep. 29, 2015 Jun. 30, 2015 Mar. 31, 2015   Sep. 30, 2014 Jun. 24, 2014 Mar. 25, 2014          
Dividend record date Sep. 15, 2015 Jun. 16, 2015 Mar. 17, 2015   Sep. 16, 2014 Jun. 10, 2014 Mar. 11, 2014          
Stock Award and Incentive Plan [Abstract]                        
Number of incentive plans | IncentivePlan 2                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of shares reserved for issuance under each plan, maximum (in shares) | shares 3,500,000             3,500,000     3,500,000  
Term of nonqualified stock options, maximum (in years) 10 years                      
RSA shares outstanding (in shares) | shares 688,550     710,750 639,750     688,550 639,750 710,750 688,550  
Average weighted grant price (in dollars per share) | $ / shares               $ 67.34 $ 65.12 $ 67.45    
Percentage stock based compensation expense recognize over three years vesting period (in hundredths) 30.00%                      
Percentage stock based compensation expense recognize over five years vesting period (in hundredths) 70.00%                      
Vesting period for recognition of 30 percent of stock based compensation expense (in years) 3 years                      
Vesting period for recognition of 70 percent of stock based compensation expense (in years) 5 years                      
Actual and projected stock based compensation expense for RSA shares and options [Abstract]                        
Actual stock based compensation expense $ 2,275,000       $ 1,785,000     $ 6,819,000 $ 5,182,000      
Projected stock based compensation expense 2014                   $ 7,199,000    
Projected stock based compensation expense 2015 14,800,000                      
Projected stock based compensation expense 2016 5,839,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Three 4,182,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Ten 33,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Six 1,160,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Seven 778,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Nine 201,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Four 2,800,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Five 2,272,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eight 472,000                      
Compensation cost related to non-vested restricted stock awards and options not yet recognized $ 25,700,000             $ 25,700,000     $ 25,700,000  
Stock options exercised (in shares) | shares 0       0     26,000 40,000      
Proceeds from exercise of stock options $ 0       $ 0     $ 1,169,000 $ 1,637,000      
Tax benefit from exercise of stock options $ 0       $ 0     $ 102,000 $ 349,000      
Stock Repurchase Program [Abstract]                        
Incremental Class A shares authorized to buyback (in shares) | shares                       500,000
Shares repurchased (in shares) | shares 172,007       94,942     321,488 319,662   9,447,513  
Average price per share of repurchased shares (in dollars per share) | $ / shares $ 61.11       $ 77.67     $ 66.96 $ 78.43   $ 44.70  
Share available under program to repurchase (in shares) | shares 687,295             687,295     687,295  
Quarterly Dividend [Member]                        
Dividends Payable [Line Items]                        
Dividends declared (in dollars per share) | $ / shares $ 0.07 $ 0.07 $ 0.07   $ 0.06 $ 0.06 $ 0.06          
Q1 [Member]                        
Actual and projected stock based compensation expense for RSA shares and options [Abstract]                        
Actual stock based compensation expense             $ 1,700,000          
Projected stock based compensation expense 2015 $ 2,277,000                      
Projected stock based compensation expense 2016 1,681,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Three 1,143,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Ten 12,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Six 350,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Seven 227,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Nine 76,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Four 770,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Five 612,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eight 146,000                      
Q2 [Member]                        
Actual and projected stock based compensation expense for RSA shares and options [Abstract]                        
Projected stock based compensation expense 2014           $ 1,697,000            
Projected stock based compensation expense 2015 2,267,000                      
Projected stock based compensation expense 2016 1,681,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Three 1,143,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Ten 12,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Six 319,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Seven 227,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Nine 76,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Four 748,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Five 612,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eight 146,000                      
Q3 [Member]                        
Actual and projected stock based compensation expense for RSA shares and options [Abstract]                        
Projected stock based compensation expense 2014         $ 1,785,000              
Projected stock based compensation expense 2015 2,275,000                      
Projected stock based compensation expense 2016 1,327,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Three 1,013,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Ten 9,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Six 264,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Seven 179,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Nine 38,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Four 669,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Five 547,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eight 104,000                      
Q4 [Member]                        
Actual and projected stock based compensation expense for RSA shares and options [Abstract]                        
Projected stock based compensation expense 2014       $ 2,017,000                
Projected stock based compensation expense 2015 7,981,000                      
Projected stock based compensation expense 2016 1,150,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Three 883,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Ten 0                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Six 227,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Seven 145,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Nine 11,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Four 613,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Five 501,000                      
Employee Service Share Based Compensation Nonvested Awards Projected Compensation Cost Year Eight $ 76,000                      
Class A [Member]                        
Stockholders' Equity [Abstract]                        
Shares outstanding (in shares) | shares 6,340,992     6,616,212 6,599,982     6,340,992 6,599,982 6,616,212 6,340,992  
Voting Rights [Abstract]                        
Number of votes per share | VoteperShare 1                      
Class B [Member]                        
Stockholders' Equity [Abstract]                        
Shares outstanding (in shares) | shares 19,196,792     19,239,260 19,279,260     19,196,792 19,279,260 19,239,260 19,196,792  
Voting Rights [Abstract]                        
Number of votes per share | VoteperShare 10                      
Restricted Stock [Member]                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage stock based compensation expense recognize over three years vesting period (in hundredths) 30.00%                      
Percentage stock based compensation expense recognize over five years vesting period (in hundredths) 70.00%                      
Vesting period for recognition of 30 percent of stock based compensation expense (in years) 3 years                      
Vesting period for recognition of 70 percent of stock based compensation expense (in years) 5 years                      
Restricted Stock [Member] | Award Made on December 23, 2014 [Member]                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
RSAs granted (in shares) | shares               73,000        
Restricted stock award shares approved grant date fair value (in dollars per share) | $ / shares               $ 87.99        
Restricted Stock [Member] | Award Made on September 15, 2014 [Member]                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
RSAs granted (in shares) | shares               83,500        
Restricted stock award shares approved grant date fair value (in dollars per share) | $ / shares               $ 73.41        
Restricted Stock [Member] | Award Made on January 9, 2014 [Member]                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
RSAs granted (in shares) | shares               2,100        
Restricted stock award shares approved grant date fair value (in dollars per share) | $ / shares               $ 81.99        
Restricted Stock [Member] | Award Made in August 2013 and September 2014 [Member]                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage stock based compensation expense recognize over three years vesting period (in hundredths)               30.00%        
Percentage stock based compensation expense recognize each year over years four through ten vesting period (in hundredths)               10.00%        
Vesting period for recognition of 30 percent of stock based compensation expense (in years)               3 years        
XML 22 R29.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Investment in Securities (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Available for sale securities:      
Available for sale Securities, Cost $ 79,139 $ 38,178 $ 38,650
Available for sale Securities, Fair Value 108,495 79,846 77,288
Investment in Securities, Fair Value 126,917 259,537 254,630
Investment in Securities [Member]      
Available for sale securities:      
Investment in Securities, Cost 95,222 207,464 206,787
Investment in Securities, Fair Value 126,917 259,537 254,630
Investment in Securities [Member] | Trading Securities [Member]      
Trading securities:      
Trading Securities, Cost 81,034 193,146 191,878
Trading Securities, Fair Value 91,648 219,227 216,861
Investment in Securities [Member] | Trading Securities [Member] | Government obligations [Member]      
Trading securities:      
Trading Securities, Cost 0 18,994 20,995
Trading Securities, Fair Value 0 18,996 20,999
Investment in Securities [Member] | Trading Securities [Member] | Common Stock [Member]      
Trading securities:      
Trading Securities, Cost 78,025 170,977 167,714
Trading Securities, Fair Value 87,745 195,029 190,939
Investment in Securities [Member] | Trading Securities [Member] | Mutual Funds [Member]      
Trading securities:      
Trading Securities, Cost 2,504 2,432 2,416
Trading Securities, Fair Value 3,180 3,498 3,373
Investment in Securities [Member] | Trading Securities [Member] | Other Investments [Member]      
Trading securities:      
Trading Securities, Cost 505 743 753
Trading Securities, Fair Value 723 1,704 1,550
Investment in Securities [Member] | Available-for-sale Securities [Member]      
Available for sale securities:      
Available for sale Securities, Cost 14,188 14,318 14,909
Available for sale Securities, Fair Value 35,269 40,310 37,769
Investment in Securities [Member] | Available-for-sale Securities [Member] | Common Stock [Member]      
Available for sale securities:      
Available for sale Securities, Cost 13,561 13,637 14,228
Available for sale Securities, Fair Value 34,095 38,942 36,380
Investment in Securities [Member] | Available-for-sale Securities [Member] | Mutual Funds [Member]      
Available for sale securities:      
Available for sale Securities, Cost 627 681 681
Available for sale Securities, Fair Value $ 1,174 $ 1,368 $ 1,389
XML 23 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2015
Stockholders' Equity [Abstract]  
Dividends
Dividends
 
 
 Payment
Record
 
 
 
 Date
Date
Amount
     
Three months ended March 31, 2015
March 31, 2015
March 17, 2015
 
$
0.07
 
Three months ended June 30, 2015
June 30, 2015
June 16, 2015
  
0.07
 
Three months ended September 30, 2015
September 29, 2015
September 15, 2015
  
0.07
 
Nine months ended September 30, 2015
    
$
0.21
 
       
Three months ended March 31, 2014
March 25, 2014
March 11, 2014
 
$
0.06
 
Three months ended June 30, 2014
June 24, 2014
June 10, 2014
  
0.06
 
Three months ended September 30, 2014
September 30, 2014
September 16, 2014
  
0.06
 
Nine months ended September 30, 2014
    
$
0.18
 

Actual and projected stock-based compensation expense for RSA shares and options
For the three months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $2.3 million and $1.8 million, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $6.8 million and $5.2 million, respectively.  Actual and projected stock-based compensation expense for RSA shares and options for the years ended December 31, 2015 through December 31, 2024 (based on awards currently issued or granted) is as follows (in thousands):

  
2014
  
2015
  
2016
  
2017
  
2018
  
2019
 
 
Q1
  
$
1,700
  
$
2,277
  
$
1,681
  
$
1,143
  
$
770
  
$
612
 
 
Q2
   
1,697
   
2,267
   
1,681
   
1,143
   
748
   
612
 
 
Q3
   
1,785
   
2,275
   
1,327
   
1,013
   
669
   
547
 
 
Q4
   
2,017
   
7,981
   
1,150
   
883
   
613
   
501
 
Full Year
  
$
7,199
  
$
14,800
  
$
5,839
  
$
4,182
  
$
2,800
  
$
2,272
 
                           
     
2020
   
2021
   
2022
   
2023
   
2024
     
 
Q1
  
$
350
  
$
227
  
$
146
  
$
76
  
$
12
     
 
Q2
   
319
   
227
   
146
   
76
   
12
     
 
Q3
   
264
   
179
   
104
   
38
   
9
     
 
Q4
   
227
   
145
   
76
   
11
   
-
     
Full Year
  
$
1,160
  
$
778
  
$
472
  
$
201
  
$
33
     
                           

XML 24 R44.htm IDEA: XBRL DOCUMENT v3.3.0.814
Goodwill and Identifiable Intangible Assets (Details) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Goodwill [Line Items]      
Goodwill $ 3.5    
Percentage interest owned in subsidiary (in hundredths) 94.00%    
Identifiable Intangible Asset $ 1.9 $ 1.9 $ 1.9
Subsidiary [Member]      
Goodwill [Line Items]      
Goodwill 3.3    
G.distributors, LLC [Member]      
Goodwill [Line Items]      
Goodwill $ 0.2    
XML 25 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Securities Sold, Not Yet Purchased (Details) - Investment in Securities [Member] - Trading Securities [Member] - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Trading Securities:      
Cost $ 6,131 $ 9,836 $ 11,770
Fair Value 5,577 10,595 14,180
Common Stock [Member]      
Trading Securities:      
Cost 6,123 9,835 11,699
Fair Value 5,482 9,960 13,514
Other Investments [Member]      
Trading Securities:      
Cost 8 1 71
Fair Value $ 95 $ 635 $ 666
XML 26 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Investment in Sponsored Registered Investment Companies (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Available for sale securities:      
Available for sale Securities, Cost $ 79,139 $ 38,178 $ 38,650
Available for sale Securities, Fair Value 108,495 79,846 77,288
Investment in Securities, Fair Value 126,917 259,537 254,630
Investment in Sponsored Registered Investment Companies [Member]      
Available for sale securities:      
Investment in Securities, Cost 105,048 23,861 23,742
Investment in Securities, Fair Value 115,046 39,537 39,520
Investment in Sponsored Registered Investment Companies [Member] | Trading Securities [Member]      
Trading securities:      
Trading Securities, Cost 40,097 1 1
Trading Securities, Fair Value 41,820 1 1
Investment in Sponsored Registered Investment Companies [Member] | Trading Securities [Member] | Mutual Funds [Member]      
Trading securities:      
Trading Securities, Cost 40,097 1 1
Trading Securities, Fair Value 41,820 1 1
Investment in Sponsored Registered Investment Companies [Member] | Available-for-sale Securities [Member]      
Available for sale securities:      
Available for sale Securities, Cost 64,951 23,860 23,741
Available for sale Securities, Fair Value 73,226 39,536 39,519
Investment in Sponsored Registered Investment Companies [Member] | Available-for-sale Securities [Member] | Mutual Funds [Member]      
Available for sale securities:      
Available for sale Securities, Cost 1,883 1,898 1,922
Available for sale Securities, Fair Value 2,877 3,213 3,377
Investment in Sponsored Registered Investment Companies [Member] | Available-for-sale Securities [Member] | Closed end Funds [Member]      
Available for sale securities:      
Available for sale Securities, Cost 63,068 21,962 21,819
Available for sale Securities, Fair Value $ 70,349 $ 36,323 $ 36,142
XML 27 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED (Parenthetical) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidated Statements of Equity [Abstract]    
Net unrealized gains on securities available for sale, income tax $ (4,341) $ (1,393)
Amounts reclassed from accumulated other comprehensive income, income tax benefit $ 15 $ (2,620)
Dividends declared (in dollars per share) $ 0.21 $ 0.18
XML 28 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Reclassifications Out of Accumulated Other Comprehensive Income ("AOCI") into Income (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Amount Reclassified from AOCI [Abstract]          
Net gain from investments - Realized gain / (loss) on sale of securities $ 0 $ 348 $ 30 $ 3,511  
Other operating expenses 45 0 80 3,639  
Other Comprehensive Income (Loss), Reclassification Adjustment for Write-down of Securities Included in Net Income, before Tax (150) 0 (150) (69)  
Income before income taxes (105) 348 (40) 7,081  
Income tax provision 39 (129) 15 (2,620)  
Net income $ (66) $ 219 $ (25) $ 4,461  
Shares under derivative contract (in shares) 170,000 2,300,000 170,000 2,300,000 3,800,000
XML 29 R40.htm IDEA: XBRL DOCUMENT v3.3.0.814
Income Taxes (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Taxes [Abstract]        
Effective income tax rate (in hundredths) 39.00% 38.80% 37.90% 36.50%
XML 30 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Investment advisory and incentive fees $ 82,182 $ 92,591 $ 257,563 $ 270,544
Distribution fees and other income 12,301 15,727 39,402 46,367
Institutional research services 2,063 2,540 6,130 6,720
Total revenues 96,546 110,858 303,095 323,631
Expenses        
Compensation 39,731 43,316 127,627 131,258
Management fee 2,682 3,756 11,360 13,628
Distribution costs 12,344 15,101 39,747 44,087
Other operating expenses 5,593 5,099 19,271 17,036
Total expenses 60,350 67,272 198,005 206,009
Operating income 36,196 43,586 105,090 117,622
Other income (expense)        
Net gain from investments (11,467) (9,086) (614) 7,468
Interest and dividend income 884 1,084 3,227 3,557
Interest expense (1,917) (1,987) (5,899) (6,000)
Total other income, net (12,500) (9,989) (3,286) 5,025
Income before income taxes 23,696 33,597 101,804 122,647
Income tax provision 9,245 13,045 38,547 44,796
Net income 14,451 20,552 63,257 77,851
Net income attributable to noncontrolling interests (518) (3,113) (589) (2,718)
Net income attributable to GAMCO Investors, Inc.'s shareholders $ 14,969 $ 23,665 $ 63,846 $ 80,569
Net income attributable to GAMCO Investors, Inc.'s shareholders        
Basic (in dollars per share) $ 0.60 $ 0.94 $ 2.55 $ 3.17
Diluted (in dollars per share) $ 0.59 $ 0.93 $ 2.52 $ 3.15
Weighted average shares outstanding:        
Basic (in shares) 24,947 25,296 25,047 25,385
Diluted (in shares) 25,241 25,517 25,337 25,595
Dividends declared: (in dollars per share) $ 0.07 $ 0.06 $ 0.21 $ 0.18
XML 31 R45.htm IDEA: XBRL DOCUMENT v3.3.0.814
Subsequent Events (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended 201 Months Ended
Nov. 04, 2015
Oct. 13, 2015
Oct. 12, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Subsequent Event [Line Items]                        
Average price per share of repurchased shares (in dollars per share)       $ 61.11     $ 77.67     $ 66.96 $ 78.43 $ 44.70
Dividends declared (in dollars per share)       $ 0.07     $ 0.06     $ 0.21 $ 0.18  
Dividends payable date       Sep. 29, 2015 Jun. 30, 2015 Mar. 31, 2015 Sep. 30, 2014 Jun. 24, 2014 Mar. 25, 2014      
Dividends record date       Sep. 15, 2015 Jun. 16, 2015 Mar. 17, 2015 Sep. 16, 2014 Jun. 10, 2014 Mar. 11, 2014      
Quarterly Dividend [Member]                        
Subsequent Event [Line Items]                        
Dividends declared (in dollars per share)       $ 0.07 $ 0.07 $ 0.07 $ 0.06 $ 0.06 $ 0.06      
Subsequent Event [Member]                        
Subsequent Event [Line Items]                        
Stock repurchased (in shares) 91,740                      
Average price per share of repurchased shares (in dollars per share) $ 57.53                      
Subsequent Event [Member] | Restricted Stock Awards [Member] | November 2013 Grant [Member]                        
Subsequent Event [Line Items]                        
Number of restricted stock awards outstanding (in shares)     130,650                  
Non-cash charge expected in fourth quarter resulting from acceleration of lapse of restrictions     $ 5.7                  
Non-cash charge per diluted share expected in fourth quarter resulting from acceleration of lapse of restrictions (in dollars per share)     $ 0.13                  
Restricted stock awards still remaining outstanding after acceleration (in shares)     557,900                  
Subsequent Event [Member] | Shareholder Designated Charitable Contribution Program [Member]                        
Subsequent Event [Line Items]                        
Shareholder-designated contribution (in shares)   21,000,000                    
Expected expense related to Shareholder-designated charitable contribution program   $ 5.3                    
Expected expense related to Shareholder-designated charitable contribution program if all shares outstanding are registered in shareholders' name at record date   $ 6.4                    
Subsequent Event [Member] | Quarterly Dividend [Member]                        
Subsequent Event [Line Items]                        
Dividends declared (in dollars per share) $ 0.07                      
Dividends declared date                   Nov. 04, 2015    
Dividends payable date                   Dec. 29, 2015    
Dividends record date                   Dec. 15, 2015    
XML 32 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Liabilities and Equity      
Zero coupon subordinated debentures, face value $ 6.9 $ 13.1 $ 13.1
GAMCO Investors, Inc. stockholders equity      
Preferred Stock, par value (in dollars per share) $ 0.001 $ 0.001 $ 0.001
Preferred Stock, shares authorized (in shares) 10,000,000 10,000,000 10,000,000
Common Stock, outstanding (in shares) 25,500,000 25,900,000 25,900,000
Class A [Member]      
GAMCO Investors, Inc. stockholders equity      
Common Stock, par value (in dollars per share) $ 0.001 $ 0.001 $ 0.001
Common Stock, shares authorized (in shares) 100,000,000 100,000,000 100,000,000
Common Stock, issued (in shares) 15,387,701 15,341,433 15,230,433
Common Stock, outstanding (in shares) 6,340,992 6,616,212 6,599,982
Treasury stock, shares (in shares) 9,046,709 8,725,221 8,630,451
Class B [Member]      
GAMCO Investors, Inc. stockholders equity      
Common Stock, par value (in dollars per share) $ 0.001 $ 0.001 $ 0.001
Common Stock, shares authorized (in shares) 100,000,000 100,000,000 100,000,000
Common Stock, issued (in shares) 24,000,000 24,000,000 24,000,000
Common Stock, outstanding (in shares) 19,196,792 19,239,260 19,279,260
XML 33 R35.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Summary of Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value I (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Available for Sale Securities, Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value [Abstract]      
Cost $ 79,139 $ 38,178 $ 38,650
Gross unrealized gains 32,282 41,733 38,640
Gross unrealized losses (2,926) (65) (2)
Total available for sale securities 108,495 79,846 77,288
Common Stock [Member]      
Available for Sale Securities, Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value [Abstract]      
Cost 13,561 13,637 14,228
Gross unrealized gains 20,534 25,305 22,152
Gross unrealized losses 0 0 0
Total available for sale securities 34,095 38,942 36,380
Closed-end Funds [Member]      
Available for Sale Securities, Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value [Abstract]      
Cost 63,068 21,962 21,819
Gross unrealized gains 10,128 14,398 14,325
Gross unrealized losses (2,847) (37) (2)
Total available for sale securities 70,349 36,323 36,142
Mutual Funds [Member]      
Available for Sale Securities, Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value [Abstract]      
Cost 2,510 2,579 2,603
Gross unrealized gains 1,620 2,030 2,163
Gross unrealized losses (79) (28) 0
Total available for sale securities $ 4,051 $ 4,581 $ 4,766
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.3.0.814
Significant Accounting Policies (Policies)
9 Months Ended
Sep. 30, 2015
Significant Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation

Unless we have indicated otherwise, or the context otherwise requires, references in this report to "GAMCO Investors, Inc.," "GAMCO," "the Company," "GBL," "we," "us" and "our" or similar terms are to GAMCO Investors, Inc., its predecessors and its subsidiaries.
 
The unaudited interim condensed consolidated financial statements of GAMCO included herein have been prepared in conformity with generally accepted accounting principles ("GAAP") in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by U.S. GAAP in the United States for complete financial statements.  In the opinion of management, the unaudited interim condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of financial position, results of operations and cash flows of GAMCO for the interim periods presented and are not necessarily indicative of a full year's results.
 
The interim condensed consolidated financial statements include the accounts of GAMCO and its subsidiaries.  Intercompany accounts and transactions are eliminated.
 
These interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 from which the accompanying condensed consolidated financial statements were derived.

Use of Estimates
Use of Estimates

The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported on the interim condensed consolidated financial statements and accompanying notes.  Actual results could differ from those estimates.

Recent Accounting Developments
Recent Accounting Developments

In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers," which supersedes the revenue recognition requirements in the Accounting Standards Codification ("Codification") Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the Codification.  The core principle of the new ASU No. 2014-09 is for companies to recognize revenue from the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services.  The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition.  The ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods and is to be retrospectively applied.  Early adoption is not permitted.  The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements.

In June 2014, the FASB issued an accounting update clarifying that entities should treat performance targets that could be met after the requisite service period of a share-based payment award as performance conditions that affect vesting.  Therefore, an entity would not record compensation expense (measured as of the grant date) for an award where transfer to the employee is contingent upon satisfaction of the performance target until it becomes probable that the performance target will be met.  The guidance is effective for the Company beginning January 1, 2016.  Early adoption is permitted.  This guidance is not expected to have a material impact on the Company's consolidated financial statements.

In February 2015, the FASB issued an accounting update amending the consolidation requirements under GAAP.  This guidance is effective for the Company beginning January 1, 2016.  Early adoption is permitted.  The Company is continuing to analyze the impact, if any, that this update may have on its consolidated financial statements.


In May 2015, the FASB issued new guidance amending the current disclosure requirements for investments in certain entities that calculate net asset value per share.  The guidance requires investments for which fair value is measured using the net asset value per share practical expedient be removed from the fair value hierarchy.  Instead, those investment amounts shall be provided as a separate item to permit reconciliation of the fair value of investments included in the fair value hierarchy to the line items presented in the statement of financial condition.  This new guidance will be effective for the Company's first quarter of 2016.  The Company is currently evaluating the potential impact on its consolidated financial statements and related disclosures.

XML 35 R36.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment in Securities, Investments Classified as Available for Sale in Unrealized Loss Position (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2015
USD ($)
InvestmentHoldinginLossPosition
Sep. 30, 2014
USD ($)
InvestmentHoldinginLossPosition
Sep. 30, 2015
USD ($)
InvestmentHoldinginLossPosition
Sep. 30, 2014
USD ($)
InvestmentHoldinginLossPosition
Dec. 31, 2014
USD ($)
InvestmentHoldinginLossPosition
Schedule of Available-for-sale Securities [Line Items]          
Unrealized changes to fair value net of taxes included in other comprehensive income $ (6,696,000) $ (2,407,000) $ (7,418,000) $ (6,832,000)  
Return of capital on available for sale securities 302,000 266,000 554,000 827,000  
Proceeds from sale of investment available for sale 0 1,500,000 1,064,000 8,018,000  
Gross realized gains on sale of investment available for sale 0 300,000 30,000 3,500,000  
Investments classified as available for sale unrealized loss position [Abstract]          
Cost 40,840,000 79,000 40,840,000 79,000 $ 1,115,000
Unrealized Losses     (2,926,000) (2,000) (65,000)
Fair Value $ 37,914,000 $ 77,000 $ 37,914,000 $ 77,000 $ 1,050,000
Number of investment holding in loss positions | InvestmentHoldinginLossPosition 4 1 4 1 4
Investment holding impairment period (in months) 8 months     4 months
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities $ 150,000 $ 0 $ 150,000 $ 69,000  
Closed-end Funds [Member]          
Investments classified as available for sale unrealized loss position [Abstract]          
Cost 40,537,000 79,000 40,537,000 79,000 $ 812,000
Unrealized Losses     (2,847,000) (2,000) (37,000)
Fair Value 37,690,000 77,000 37,690,000 77,000 775,000
Mutual Funds [Member]          
Investments classified as available for sale unrealized loss position [Abstract]          
Cost 303,000 0 303,000 0 303,000
Unrealized Losses     (79,000) 0 (28,000)
Fair Value $ 224,000 $ 0 $ 224,000 $ 0 $ 275,000
XML 36 R24.htm IDEA: XBRL DOCUMENT v3.3.0.814
Fair Value (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present information about the Company's assets and liabilities by major categories measured at fair value on a recurring basis as of September 30, 2015, December 31, 2014 and September 30, 2014 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2015 (in thousands)

  
Quoted Prices in Active
  
Significant Other
  
Significant
  
Balance as of
 
  
Markets for Identical
  
Observable
  
Unobservable
  
September 30,
 
Assets
 
Assets (Level 1)
  
Inputs (Level 2)
  
Inputs (Level 3)
  
2015
 
Cash equivalents
 
$
425,392
  
$
-
  
$
-
  
$
425,392
 
Investments in partnerships
  
-
   
14,319
   
-
   
14,319
 
Investments in securities:
                
AFS - Common stocks
  
34,095
   
-
   
-
   
34,095
 
AFS - Mutual funds
  
1,174
   
-
   
-
   
1,174
 
Trading - Common stocks
  
86,970
   
-
   
775
   
87,745
 
Trading - Mutual funds
  
3,180
   
-
   
-
   
3,180
 
Trading - Other
  
263
   
143
   
317
   
723
 
Total investments in securities
  
125,682
   
143
   
1,092
   
126,917
 
Investments in sponsored registered investment companies:
             
AFS - Closed-end Funds
  
70,349
   
-
   
-
   
70,349
 
AFS - Mutual Funds
  
2,877
   
-
   
-
   
2,877
 
Trading - Mutual funds
  
41,820
   
-
   
-
   
41,820
 
Total investments in sponsored
                
registered investment companies
  
115,046
   
-
   
-
   
115,046
 
Total investments
  
240,728
   
14,462
   
1,092
   
256,282
 
Total assets at fair value
 
$
666,120
  
$
14,462
  
$
1,092
  
$
681,674
 
Liabilities
                
Trading - Common stocks
 
$
5,482
  
$
-
  
$
-
  
$
5,482
 
Trading - Other
  
-
   
95
   
-
   
95
 
Securities sold, not yet purchased
 
$
5,482
  
$
95
  
$
-
  
$
5,577
 

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014 (in thousands)

  
Quoted Prices in Active
  
Significant Other
  
Significant
  
Balance as of
 
  
Markets for Identical
  
Observable
  
Unobservable
  
December 31,
 
Assets
 
Assets (Level 1)
  
Inputs (Level 2)
  
Inputs (Level 3)
  
2014
 
Cash equivalents
 
$
297,971
  
$
-
  
$
-
  
$
297,971
 
Investments in partnerships
  
-
   
23,803
   
-
   
23,803
 
Investments in securities:
                
AFS - Common stocks
  
38,942
   
-
   
-
   
38,942
 
AFS - Mutual funds
  
1,368
   
-
   
-
   
1,368
 
Trading - Gov't obligations
  
18,996
   
-
   
-
   
18,996
 
Trading - Common stocks
  
193,735
   
1
   
1,293
   
195,029
 
Trading - Mutual funds
  
3,498
   
-
   
-
   
3,498
 
Trading - Other
  
513
   
897
   
294
   
1,704
 
Total investments in securities
  
257,052
   
898
   
1,587
   
259,537
 
Investments in sponsored registered investment companies:
             
AFS - Closed-end Funds
  
36,323
   
-
   
-
   
36,323
 
AFS - Mutual Funds
  
3,213
   
-
   
-
   
3,213
 
Trading - Mutual funds
  
1
   
-
   
-
   
1
 
Total investments in sponsored
                
registered investment companies
  
39,537
   
-
   
-
   
39,537
 
Total investments
  
296,589
   
24,701
   
1,587
   
322,877
 
Total assets at fair value
 
$
594,560
  
$
24,701
  
$
1,587
  
$
620,848
 
Liabilities
                
Trading - Common stocks
 
$
9,960
  
$
-
  
$
-
  
$
9,960
 
Trading - Other
  
-
   
635
   
-
   
635
 
Securities sold, not yet purchased
 
$
9,960
  
$
635
  
$
-
  
$
10,595
 

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2014 (in thousands)

  
Quoted Prices in Active
  
Significant Other
  
Significant
  
Balance as of
 
  
Markets for Identical
  
Observable
  
Unobservable
  
September 30,
 
Assets
 
Assets (Level 1)
  
Inputs (Level 2)
  
Inputs (Level 3)
  
2014
 
Cash equivalents
 
$
358,210
  
$
-
  
$
-
  
$
358,210
 
Investments in partnerships
  
-
   
24,094
   
-
   
24,094
 
Investments in securities:
                
AFS - Common stocks
  
36,380
   
-
   
-
   
36,380
 
AFS - Mutual funds
  
1,389
   
-
   
-
   
1,389
 
Trading - Gov't obligations
  
20,999
   
-
   
-
   
20,999
 
Trading - Common stocks
  
190,215
   
-
   
724
   
190,939
 
Trading - Mutual funds
  
3,373
   
-
   
-
   
3,373
 
Trading - Other
  
453
   
803
   
294
   
1,550
 
Total investments in securities
  
252,809
   
803
   
1,018
   
254,630
 
Investments in sponsored registered investment companies:
             
AFS - Closed-end Funds
  
36,142
   
-
   
-
   
36,142
 
AFS - Mutual Funds
  
3,377
   
-
   
-
   
3,377
 
Trading - Mutual funds
  
1
   
-
   
-
   
1
 
Total investments in sponsored
                
registered investment companies
  
39,520
   
-
   
-
   
39,520
 
Total investments
  
292,329
   
24,897
   
1,018
   
318,244
 
Total assets at fair value
 
$
650,539
  
$
24,897
  
$
1,018
  
$
676,454
 
Liabilities
                
Trading - Common stocks
 
$
13,514
  
$
-
  
$
-
  
$
13,514
 
Trading - Other
  
-
   
666
   
-
   
666
 
Securities sold, not yet purchased
 
$
13,514
  
$
666
  
$
-
  
$
14,180
 

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present additional information about assets by major categories measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value.

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2015 (in thousands)

      
Total
           
      
Unrealized
           
      
Gains or
  
Total
         
    
Total Realized and
  
(Losses)
  
Realized
         
  
June
  
Unrealized Gains or
  
Included in
  
and
      
Transfers
   
 
 
30, 2015
  
(Losses) in Income
  
Other
  
Unrealized
  
  
  
In and/or
   
  
Beginning
    
AFS
  
Comprehensive
  
Gains or
      
(Out) of
  
Ending
 
Asset
 
Balance
  
Trading
  
Investments
  
Income
  
(Losses)
  
Purchases
  
Sales
  
Level 3
  
Balance
 
Financial
 
  
  
  
  
  
  
  
  
 
instruments owned:
  
  
  
  
  
  
  
  
 
Trading - Common 
  
  
  
  
  
  
  
 
  stocks
 
$
920
  
$
(145
)
 
$
-
  
$
-
  
$
(145
)
 
$
-
  
$
-
  
$
-
  
$
775
 
Trading - Other
  
298
   
19
   
-
   
-
   
19
   
-
   
-
   
-
   
317
 
Total
 
$
1,218
  
$
(126
)
 
$
-
  
$
-
  
$
(126
)
  
-
  
$
-
  
$
-
  
$
1,092
 

There were no transfers between any Levels during the three months ended September 30, 2015.

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2014 (in thousands)

      
Total
           
      
Unrealized
           
      
Gains or
  
Total
         
    
Total Realized and
  
(Losses)
  
Realized
         
  
June
  
Unrealized Gains or
  
Included in
  
and
      
Transfers
   
 
 
30, 2014
  
(Losses) in Income
  
Other
  
Unrealized
  
  
  
In and/or
   
  
Beginning
    
AFS
  
Comprehensive
  
Gains or
      
(Out) of
  
Ending
 
Asset
 
Balance
  
Trading
  
Investments
  
Income
  
(Losses)
  
Purchases
  
Sales
  
Level 3
  
Balance
 
Financial
 
  
  
  
  
  
  
  
  
 
instruments owned:
                 
Trading - Common                          
  stocks
 
$
716
  
$
8
  
$
-
  
$
-
  
$
8
  
$
-
  
$
-
  
$
-
  
$
724
 
Trading - Other
  
294
   
-
   
-
   
-
   
-
   
-
   
-
   
-
   
294
 
Total
 
$
1,010
  
$
8
  
$
-
  
$
-
  
$
8
  
$
-
  
$
-
  
$
-
  
$
1,018
 

There were no transfers between any Levels during the three months ended September 30, 2014.


Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2015 (in thousands)

      
Total
           
      
Unrealized
           
      
Gains or
  
Total
         
    
Total Realized and
  
(Losses)
  
Realized
         
  
December
  
Unrealized Gains or
  
Included in
  
and
      
Transfers
   
 
 
31, 2014
  
(Losses) in Income
  
Other
  
Unrealized
  
  
  
In and/or
   
  
Beginning
    
AFS
  
Comprehensive
  
Gains or
      
(Out) of
  
Ending
 
Asset
 
Balance
  
Trading
  
Investments
  
Income
  
(Losses)
  
Purchases
  
Sales
  
Level 3
  
Balance
 
Financial
     
  
  
  
  
  
  
  
 
instruments owned:
  
  
  
  
  
  
  
  
 
Trading - Common  
  
  
  
  
  
  
  
 
  stocks
 
$
1,293
  
$
(166
)
 
$
-
  
$
-
  
$
(166
)
 
$
6
  
$
(358
)
 
$
-
  
$
775
 
Trading - Other
  
294
   
102
   
-
   
-
   
102
   
5
   
(84
)
  
-
   
317
 
Total
 
$
1,587
  
$
(64
)
 
$
-
  
$
-
  
$
(64
)
  
11
  
$
(442
)
 
$
-
  
$
1,092
 

There were securities with a value of $0.4 million that were transferred out of Level 3 as a result of the deconsolidation of an offshore fund during the first quarter of 2015 which are reflected in sales above.  There were no transfers between Levels 1 or 2 during the nine months ended September 30, 2015.

Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2014 (in thousands)

      
Total
           
      
Unrealized
           
      
Gains or
  
Total
         
    
Total Realized and
  
(Losses)
  
Realized
         
  
December
  
Unrealized Gains or
  
Included in
  
and
      
Transfers
   
 
 
31, 2013
  
(Losses) in Income
  
Other
  
Unrealized
  
  
  
In and/or
   
  
Beginning
    
AFS
  
Comprehensive
  
Gains or
      
(Out) of
  
Ending
 
Asset
 
Balance
  
Trading
  
Investments
  
Income
  
(Losses)
  
Purchases
  
Sales
  
Level 3
  
Balance
 
Financial
     
  
  
  
  
  
  
  
 
instruments owned:
                 
Trading - Common                         
  stocks
 
$
700
  
$
24
  
$
-
  
$
-
  
$
24
  
$
-
  
$
-
  
$
-
  
$
724
 
Trading - Other
  
284
   
-
   
-
   
-
   
-
   
10
   
-
   
-
   
294
 
Total
 
$
984
  
$
24
  
$
-
  
$
-
  
$
24
  
$
10
  
$
-
  
$
-
  
$
1,018
 

There were no transfers between any Levels during the nine months ended September 30, 2014.

XML 37 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 38 R7.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED - USD ($)
$ in Thousands
Noncontrolling Interests [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Comprehensive Income [Member]
Treasury Stock [Member]
Total
Redeemable Noncontrolling Interests [Member]
Balance at Dec. 31, 2013 $ 2,851 $ 33 $ 282,496 $ 506,441 $ 30,239 $ (361,878) $ 460,182 $ 6,751
Redemptions of redeemable noncontrolling interests 0 0 0 0 0 0 0 (1,666)
Contributions from redeemable noncontrolling interests 0 0 0 0 0 0 0 53,607
Net income (112) 0 0 80,569 0 0 80,457 (2,606)
Net unrealized gains on securities available for sale, net of tax 0 0 0 0 (2,371) 0 (2,371) 0
Amount reclassed out of accumulated other comprehensve income, net of income tax benefit 0 0 0 0 (4,461) 0 (4,461) 0
Foreign currency translation 0 0 0 0 (15) 0 (15) 0
Dividends declared 0 0 0 (4,653) 0 0 (4,653) 0
Stock based compensation expense 0 0 5,182 0 0 0 5,182 0
Exercise of stock options including tax benefit 0 0 1,986 0 0 0 1,986 0
Purchase of treasury stock 0 0 0 0 0 (25,074) (25,074) 0
Balance at Sep. 30, 2014 2,739 33 289,664 582,357 23,392 (386,952) 511,233 56,086
Balance at Dec. 31, 2014 2,734 33 291,681 602,950 25,014 (394,617) 527,795 68,334
Redemptions of redeemable noncontrolling interests 0 0 0 0 0 0 0 (600)
Contributions from redeemable noncontrolling interests 0 0 0 0 0 0 0 1,036
Noncontrolling Interest, Increase from Consolidation of Consolidated Feeder Fund 0 0 0 0 0 0 0 996
Noncontrolling Interest, Decrease from Deconsolidation of Offshore Fund 0 0 0 0 0 0 0 (63,256)
Net income (99) 0 0 63,846 0 0 63,747 (490)
Net unrealized gains on securities available for sale, net of tax 0 0 0 0 (7,392) 0 (7,392) 0
Amount reclassed out of accumulated other comprehensve income, net of income tax benefit 0 0 0 0 (25) 0 (25) 0
Foreign currency translation 0 0 0 0 (22) 0 (22) 0
Dividends declared 0 0 0 (5,381) 0 0 (5,381) 0
Stock based compensation expense 0 0 6,819 0 0 0 6,819 0
Exercise of stock options including tax benefit 0 0 1,269 0 0 0 1,269 0
Purchase of treasury stock 0 0 0 0 0 (21,530) (21,530) 0
Balance at Sep. 30, 2015 $ 2,635 $ 33 $ 299,769 $ 661,415 $ 17,575 $ (416,147) $ 565,280 $ 6,020
XML 39 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Comprehensive Income [Abstract]        
Net income $ 14,451 $ 20,552 $ 63,257 $ 77,851
Other comprehensive income, net of tax        
Foreign currency translation (35) (45) (22) (15)
Net unrealized gains on securities available for sale, net of tax (6,696) (2,407) (7,418) (6,832)
Other comprehensive income (6,731) (2,452) (7,440) (6,847)
Comprehensive income 7,720 18,100 55,817 71,004
Less: Comprehensive income attributable to noncontrolling interests 518 3,113 589 2,718
Comprehensive income attributable to GAMCO Investors, Inc. $ 8,238 $ 21,213 $ 56,406 $ 73,722
ZIP 40 0001060349-15-000025-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001060349-15-000025-xbrl.zip M4$L#!!0````(`"3OK:@3.\!`*`$.``0`!P`9V)L+3(P,34P.3,P+GAM M;%54"0`#^C8[5OHV.U9U>`L``00E#@``!#D!``#L_6N3VTB2)@I_7[/]#S$Y M5=N2O:1$@'=U5QU+I:2:G)5*:J6J]LP[MM:&!())5($`&P%D*OO7GX@`;\E+ M$B`10`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`@JIZ5`"1+H*EX`T$'$<-^(TM;POENM< M^U?6W(TLKQFP>&[NS=,6WT)JL3A\;,X2L6?&S=,`7VEDN3YUWENA+W*6&L'Y M_9-NGLQ#_>NC_A7J@310@!XH4P^4;09BIZ#]3D&ELPCFH;;F8G*K"7DJ?O93.A\@DV^'IM\K4_`9--%B!9`VYRF;1!LT#38H+%VRH8PV-=`3?8U M#1OU4C?J&J]OV7"$]:T*ZYM>",NVOL$3H+,GH,IK(!("2TX(K(V.`I)T0I)> M.BD;DF"7ZV.7ZX6C;&L;O-Q8P[+:V?!RPY(^4!D%GL>R/8^EU$B!B:*?B5), ME07XD*L$!(4:`YV'DE5MYJ63FPS^@JW^@;&,0_@'M_0,E6PO8+^BS M7U#J*EKG-_"_*G'P/H?@_^8K^09P>RMR]BI*SEYV12,G_3F7`(!?6R$I+*(_D)WV\W2S<,)_$OP3T-??$H9+!X[&<3_V<9 M!U$L[,:L+*+8/'$J`40E2GFU=AEY+R4[KMT&XKU9IE/^JYH.X0'EMW-!Y&HB M"@B?KLC37!:+4$=U M=[5`CNHM1]5://*VW#[%46QY'V+?:2[>FV4LY;=N"`+MX*=FXI:SK09QJP[F M=3/3]!$WQ9F7$+7^Q@8J3_QC M`Z6_^&FU\C55G&#%:;^4:).6!^S78T=>+]&KT'$*6'$U$KTJFIAU7_D@3E40 M)VVQK--24C4(5H?+.FDL<+F"LIS9N0>"S(*3.5WKG,E'7W%G_ M+`H<6SX.$YP!.CTWO!F8CE0U+2(M6<2T>6)7E:1L]>+8Y.4)N`?NFZCO89;5 M14YJ;RU6:WDZ[@F!F):Q9:__]J5D[5$Q5U:N8MH\L:L*OBNZ/)7HPLUO>;KR M`D:=][Z#G)OZK5/ZY",($NZ#6KWLRFIXY6LOM;7?;6FM-"KFL2G%QJR]"$(& MJF1O5L(=4C>9J995IX=`PS52@LABBPBI;=H6L<146]B;D$(-_)N-CY+7368T M71RJ)K,Q:"RF$%%9O\L=[N^?/W=-K M/IHP%E/]ZK(_Y5L?."G=.__]=WMJ^7?TBO<96O:"4/_X#^KJQ:-['V_R',5QQ7,8535; MYYX7+JQS>.BN@8MM5K'/U6>=4KC!ZK+?5$J[$B`3L3X!]Q0P: MN7%OGHU1P*)>JVTC+-OZ>'":9U]72R?K(XHU6NDK!OK2[6V--I'*_3GU1W\U M[%SEWH+F61S57%R59SG`;90/O'3QV]0V3%/%322T;#6T;"/B9(U2MO`>--"R M?]Z30&OFNT6TJUL7ZQ'+&N5P'AE5]4G$*O7FI8Z7PYKFG;JO':BKXTK MM/PX`\2MTN)66YNV5JM;429DC6, MX4RIRHX*0H:5KOY"I@'**^$YT4W(ZA\6J+$Y60&A0SF9LATKPXX1!2O#\@SY MNO;M8$9O(LY,\=838?[%, MWG&J+8RX8;NS@O;ZMZV7J.]LO+*Y)"U_R4<:#$A#+?R'RH53E308^DA#?R4- M_>/2L#=@U30AJ."24&:H]@GV^]FQW]<$^U@)*BX$^ME%NDG#$"M!W85`IY4@ MZYY`%^QC):BX$&BY$F@D#9G\15@)JBD$VJP$%?8.`?O:9$_"%Y0']I\B_NWC MKU84AS3)=GZPYM6.E.V?V$;6\6J&=4QT`%MK&5H'6VL6K$VD->WEA/LN?:PJ MQU/?_->0VRZE?`,(U0""\G,QJ8$0S&:!?Q,%]I\-0<'RA9V9U\N,RP@#Z(.Z MWE^>;6'8N'OEA?3MX^K/_^# M<\L*[>GC1WI/O21A?_G;M3^/(R9_,!?9FAM-?*(6BT.9/O@AI/^,J6\_/GU_ MXPE1O#\.0]>_JS884\Q_(W$^!2&.@?/$P3W#WSWCVV5TO7P]9\._"_@W`_[= M.L(_L3[/@+\!^.>&,$,I\(N1RFJ%?7LP?J#]-3=^E.<_`?Z`O\[PUU?[P_B! M\=-@[8^M;^&[R^;!7U_M#_@WQ/@IS_-3I/8'=J$CCWK'`9**@D3G$`JV40U9 M2%/N\:H%_QT[$MBMJ(XLTMJZ9(Q&5Y[%DJRUJX']JO9.VG<:'[[2M/H#RU49X:7PVR?88<&D8G#:/M M:7%@13NLZ'6>-[WE@M6HY%/@&MDPZ34,4(/:`=EM&*`&M6^R[Y=@S6"7!(1H M@)"2,NG`[/(##64Q&Q9#C%__&Z% MKG7KT6O^:LB?>R_FX%+V]E'2C',FN8GT\T3^DN14[WWIL=J0V273HH+=BE;' MP)&EMU/(GHSG.=J7`%^%:5\'X?N9LV0:A'2CIN!Y./Y"*XS@73XV!,"YZ^`ZV1+EK.[0R#K8Q-#$Y6CB]'9Z M%0$+2!8,R<:!!.LO=M=*MB9U`E9^VP#`.>_(QM-<&NRYZXWH4A9SC;."4N`? M6W;M=&S%M^S5E@?L^"L<_H+^?SXK%/8/[!^U^-X^:X%H8"Q_C,&N@%U1@`P\J2ZOK/0.#IQKK$[+$3$%`%9Y!0HLVWH"M]2: MH&5H7+CEJK\CT\1@4'[E%#1J17=615Y5!:NRWKNC&@,855CR!++V:6Q-6;:1 MD*FG<*:F<6+=C$^;;Y MBWS]-]^:3%S/%=_6`;(E60OI*9X,YQ#9:P;:#&9"@S%;%'C*L5FJ91BDR63* M`-7+6@&UV`2F+&*Q?&<_O>OE/\@2HFBP5BUGUU5A0T"3('&#(0M#0!_;-5.@ MH<&8Q89+)SV;);308-!62='J$0\KPQ=[)FCKM?:F]\+5CL0X!EC*\U5#(E3.KA%P0WV^4?LUB"A[%]/_C'UJ M=DRCVIC8-]$$%<_-MBB<%)D##9;KQG+EN='[61[?!J'C^N(\M?BACLQ>_KI_ MKO62[B1]%JS6A]6*,Z6AR'53Y,HSJ"'=NDBW\IL]/EAN^+OEQ?3MX^K/_^"T MMD)[^OB1WE-/,G_UV[4_CR,F?S"3Z0,MIZ$E2__IN+0>T3/L`H@S@!BK7,I5 M#F#.;1<%,&L)I?)EK(K[1(`98*[!MDBQ9H:M#/.B\AH9(`:(BW!0/3X@11^DZ'VZ#TC1"BE:9.IQPS(@&=LKYU1`L_KO#A7CYQ:KVC5(Z=>R\"6(Z)ZY-1K][Z]JMY$O&6Q M4%QY%F.?)S=18/^9'(D-9K/`EU^_K?;B>G".:S_@[F2QSIZ&E426#F` ME3&T-B[US!#)VXMB2?*+UY()G\>F3Y=!K M_S*^BUG$G^M>^LX-G4>25&(Y7&1Z`5.Y9W8]84:R[\S`D0IY*4I&]V?_/RV? M;^@?QPW"\P%<[:-%[IC67#]7$<$K!6#T`>(#Y`".]SMXR*NP*[]#RZS+>^_J!4FARS)E57!C!$E':I1JBNCLY0@6B^-O4#1V@.".*=ZE6%HHURF?:SH$L$,4W_'D? M,,X*XSUD*PO'&L5\>D9GB6-YZ+)(FR*(PV@*'&=7B62(Y]6 M+QSQG?*J\;PJLQCC\?AI-*@2E%E#2$Q`J[#$H@0%O;.\]W(^RY/BS'5<*W1I M16]/<:C[9FM63PZ';TVO*$539+G:;:;^\LX5H;G;.`I"]M&S:\18L7SLGU[- M&&L8G5ZB_,1?4D[I/V,^S/?WU']2Z6'S^VIR>E-:]TSRJ3COS+8DT\$P-M:] M=+K]R2NYZG:^4II;Z1*_!O?+7+_N+Z&UI%::-`F@[72T91F!1BFC!]!2BE(U M.FW#5*-4N9@LE"H$!@)388'97HPV12;E8K3Y2MZ+474N7>R;-,5_]*-K%N/7O&VI&7'R?\E#.Y":P8)*U+"-IFU<-:< MR+$2):&;71*Z:B3AJ1&?JOX!D%X,TK6OUZ#5!F,K,QM(!I+3([E,-VCLNPF, M?^-XV,+8C%HL#NG/BX&)A8XMFUK^MMF\:.M0V^:!MET6]$QC^.:WFW>G-MW= M:MJ1/-TFGWCCUWA&0RL*=G"4>CR;!-[?XD9W[Z@?S$3ES>/Z=Z[_,6#L2\!<84DXI^^4MZ%/161P%/[&3W3S^]!1+DX2U/SU/;'S[+; M%LKKG@KS-ET'_]9N7W)\.`(CY(-GW;7;R0_"+;WZ1?Q`%EKG*YWL72PO?IY8 M'N/SVGESU=-5'(:R'QDL)2):2M[[#A%:;[/?Q7/KF.K[1#,>'T)[F=/W7#.K M\;P+[%A./`GJ[AW+\IGDD=0#V=3N!YM9#201&O)_J.>U__2#!Y_<<*X%/G7( M-6,Q#3='E#PLGOW?XM'ED\F#QT?V:Y",Z-EFMD?V>^#%/E_1'CGO/!JRW?&L MGD@>R#J.K=>W^U\BAPMH$$9,X[%DZL'D^>.#^>_A-H^ULSVL.1@ MR15GY5T0/NX.1OZ^_/GX&"YMFWIB'>)\EZ]NCNA)6]L#^4KO1+#(XB02V]K= MD:P?$+\?'\HOEY^N/I/K7W]_?_/M\]>;%O_SZA5Y_XUM9*A81H9-E`]*"(PZUW1E7 MJ#]=\$D;8V,\&([-)U-^9D`GSO^RA/E?IIG_P.P->_WLTU\I^,T5YP/_DNU3 M\>N%0CZ23LD_5>];31PZM>N$DM-G+!A+@K*Y1,$S.4?T4\;HB2^<(271%AY8J^MUQ/.-XF M0<@LC]Y0.P[YHY1=^[_Y(;4\D8RU:...F%.VZ`!-P, M8]R>L*E[+SIKD5]IQ/\)?#LQB=I?N$8)213P5<5G@>]+IO\3`WB=CN/=/HF.KH\7DR8=,@I.1#[#M,/2Z6_3SC=K4G>!XZ/:RQS7%V-E;L&[QJFJ9"C MBC3603IDUUCMD4*%K4:6#RY;F659X=3SU=B'^)U:8QO#BG'YL+&6EC=%0XQFD,"ZZAM$_#8-K!!#+ MN7>9<&I/*&4D7+V8:@(JAUW`8/-#B?K!YFAM;@(YI-)B#";D7S0,>*_QG']T MEG'47;?*\I7WW\7YRN/>Q6,J=(>X3YI7.M2M2VR/#'4PV#%<#P\UI@[YZ%JW MKB?].ON&QA_9>&(1IKKTG3/5FCD>]'>,CQ2=%3#\-(#H]LS>SFY7C^>VV= MSKG4CV>Q)R.'0325<>#9/*13D41U3XGK\\_[5,CRK<_BI:O-=Z[E*\*=R&7_ M\^2;]?TDSAC#_G!';6?IM>0YIF&?V>V.=Q12E>:81D'T!2URF:/C2+^SY9&Y MY3IMUR>V-76PC]'<:NT;CP6!K+D=[*F;XJ9;K\7@X M&&LY_'0KC3$8&:)%B(F=&E'[OU^C;_N[%NPZHKWM$;WMT#TL>SB M[:-H_]I?-;YN^TR+Q^@.QL8VT_,;70WIF\U,Z_6X6!5.W@UA%,@7X[7;-E-70%B-+!K8QKM\M+SYJ4J\S1][SYF2N M![?9Q7`69Q.74WLZL]7$,@>!%,^W!/9O9OSHP^?M\Q7/\WE#_X.C[;I)\7[9 M!:/;WT*9L?U8;>%=S@+BFW#U\O/5-;F,DD.DR6<&4JMJ* MF7%3>\:*V03]K+\;,AN_X8:L0P`IZ]*,`)+NEG&V\&UY>Y5]F9N6+UBQJ,4B M\SAWR,D8C3Y9OG4G4?J!/[+O<.TP`PG&9G^\E5:QIY,BQKUU4\F1<8_,'=Z5 M-NXLFS&S/^P/NEH,/)NLF,-.O]=+/W#Y(VN1#Y8;DD18UX>)VS(CO:<>Z;Y<+Q9?Q<'E4*PD;RWF/K.*R(Y%M[+7 M=:<'#F6LGGS[N/KS/UP:6J$]?93#2&YE6OZ6C%#^T%V4\MMHXE-2-TG2(Y2% M[>S'I^]O/,%6SG2]X:*I5XD*OZ-QOJSX>QR(3.8O(;>CF+!.94H<)9^L M\$_^&ID$(;F6Y4I%49RDK24+#+U7#*-8W@P&`T,L&47(27Z`5TJ1X:#7WV/& MU!*N9ZN2HN':[_2[XV+@FA?7REMQ"V9.?]SK#PK2)46ON6?K]8+77*/7&ZC; M"F2@N`*==:Y8%&[^##M['"A:K;`[\%:JQ$?&8)CO"EL`RI12Q.R,>J?M&??/ M\*0#8*.A.=@^`"9;.ZW+-(>V1H-!K[MOR3BQRS2S'(^&>U>I[2[3%KUXAN#Y MU+;H;A\JW#OUI8!I%))96?%\THJF<&& MK544ZXSN8*2"<_M94L/EI3S.&=L^J]HHNNP\*FIUZ9MJ5I?]UI@&K,B^T.MJ MC0VZ(R5KU'$FG65JZ[-&E<>ZT;AG:JWJ]J]V^DA=B>;%2(V^]`*1[TU]YXC5 M-Q?;ZY`ZBYOCJ/ASXQ&1$&WYNJUNRT&OQ[S^>37B=#(KZ?3>=TK@_5!<7E?B MKN!L)*A4O5E87)2:'?>[@RKSZ[!24*F)ZR&LW8&A9HU-M3?74$L7R?C2EN?N M3L!&B6%5>_86IZ&W#]XVA5_Y&DU%64!=TU2RHE;9_,W7-M)Y1>V:7:RHY3"^ MO!75-)0P/<](2)$[H2(WNZ4QW1RI,:/.)/O1?)U13TV`.G=WF-0<:9FY`X-C MT*4EA+[EK^RG#;I:B*IPD36:D;*7,YYBT8V0&06C4Y?B6BH M\9U1*IOY/IQ$#/RFQ]2RW/_ M)2[+"Q@C7P+F)G6E+N_N0GIG153^D`?QUMVN>Q5M+_M<]2B^?/X.(.543[O3 MR3@GE1PJC`\9*RN-4WL'-2+FF;9;CE!7:O15C2UE,>`8QJL'<`WT^7:91X7Z MW!SUH-%3KZS'RX%4CI0EZ_-3H9Y5GP_3>K7`FG.MRJRL,=-NS#5BC0:+Q*F6 MT"F+A&(&W<2SF14^BLOKG^55>N)^XY1ZZ^V_>OBIC?[S__*BOSKN/6'1HT=_ MNICPY]L3:^9ZCV_(7[ZY,T[Z7^D#^1K,+/\O+2*_:?'=<^A._DKDTXS/\PTQ M.O/HKQ?_ZR[ZZ[X6-YXAV;H0HV]S6M[Y;X@H]NM.'I-NODW%;M[S@@=1:,1E MQ")L3[[T$:*):ZT24-;F794UX6WN\!^XJ M%,=?8.*A&SJ/))A(M],B@KXM\H[:BZ\,^55/-K[S9.^-(-EK3K,-\BW_O`W) MZ^7?FX\D5Q;=!J%#PY\NN"%J4\^;6X[#J;'ZS.:6O?R<#SL>7">:OB'#[H]K M9D?AZB]'4(WSZJ>+VR"*@MFJVWL:RLI<2U8F/_^5+$;<3CZ_(>;\^ZH3L__C M7\FM9?_)6<6%M6T'7A"^(?]NVY1.)JK!YM')$M#6;/[7?S<&G1TFO(X<-5,W M4LS\Z:B>C(0_SUG/AV+T+K(.*X'4:E3_WI'_$Z,C\JAVP2R13S]0]VX:B3%Z MSE,NB:K*-$PZWA7!Y_GE!P^A-?_I(OEO9D+MY=\.@O+@Z.L-"3M#UHZ(U43^ M[SBX3NOUP/S3=KI"M)D=T$=ZS1L762'08+J7HB9^$0N_4LT`!``!0$!M=&\Q MRV]:VRY7"&0V*'.!P+:U6"H$&DSW4I3OVC>BE08&#`"#9L-`?[KGM!"?XG-2 M9[?J[G,JPDH\Q>6DQ4[B*F"1_DXF1;L+@"GG;:D(3`!-0%,N:$J"C(`3X)0+ MG-8W/=0$4B5X=8KDG7)34H-(95FAX4VY>''MDV@:Q,SR'?:R>GO9$F*+:K=/ M9&:%=Z[?%A_>D-&K45\T*A]S?7%!V!O27GR[,.'E(1@FSJ$<62Y+\;X7Z0'/ MDS.RQ1]R)>CFW$*A^%:3&YZS@2D*PKDLU.J]_M`*J@[C;:W7&:I,7L:56LI>0APO:JW,1&FZX==AS%B"@RD`B6QQT6YW! M2"L!U3IP7=5K-;\ZT*A*;^0M-K=?IJ$Q8JE[^W/>">7@5(LNZ+ M4M2[5:HU>OD5,9KR#6%FG+X.#IEQR^@6NXCWE)5H@>1` M<@J;?]=LF2,3D@/)@>1D#F>-S4'%)*=B&T>((\0Q=4K#J-53G.E6W$JVL2-] M+:*<)\IYICIQNE,]5W_'E:XG[G1+/6]Z1;EZTAVU'($`(*#9 M"-"?[JCFV?@ZJ>:+H5N.+;AG=UJ"K5Z4+K>-(0+*N M2#;[K6ZG@N7C@&0@&=4\`>*:@;@[:HU[:D_K8$N-:IX5BI]J=@K!-%KC@5X" MJG7@NIISUPQT1J_5':.:)T!7Z/%'S1P<53KF6#I^`..513UH=N9$/=9Q0Q^GY$**..),I[*CYK>T'FTJ./901U/U/%<`KH. MM>3J27=4<00"@(!F(T!_NJ..9^,KR-63[BC@"!@`!H!!5>C>C*QVS7Q.15B) ME:UNACJ>`!/J>`)-&J()=3P!)]3QU,JK4R3O4,=3G9F..IZHXXER6XTOMV7T M6J;B`V6:&%-`%8J? M:G8*P31:(T-M,2!-"%\ZMP&ZS3J>IE[%]@&ZNH/NA5Z[PBJ=H']Y\__\W\0\K=_:[=EP2D2KTI>D#MQU+?=3AXXWN*E;<>SV+,BZLBF MUL4SQ)GAMY1O(.DWZSNQ.8-YYU_IY*<+V^P8_1I>^\_Z?L1L];G3PW67_2`;ZWG?D,)-!'B>>N:_6+) M60S1CL%HQ*W=8N>]B`/K#:%DD.GQ8QJ#;L'2F!R`NQ$'X`HD8S^;),I!RC&F M(V.GW^TU1ZL99M=0K-7&HT9(=S989I5N8V`6K"1+1&5&"3\!E1W#+!B5Q8CR MD7GWC&&WX$6BK+4VDV++O-9VND5+8SEK;<;U(>M:V^]V"C9YRZ*C6IO%-/JJ M=F*KEMK\E[8,-JX;:Y&-YDA"\G6#1%02:I%;V2;AC>9!9]'F>4IP<#[DG@Q" M#:F4Z#;@#T M9/JI]7SH3_9B"'P,H&-S4`F,EKB*J?8J=8>5X$!)RUC#M42)P%?NN#)'O4I` MOZS=BU(?+,A>BNM[.%:$^'5EVO0DNN)3=_TXB+=:_Q(P_GO@BS9EDR>Y)@SI M#DLUV=0#V3?='%3D&810K22':57D630\4]:*HI\2)5==\"E?H;O#P;@0&2X- M?VJUO6FFC;Z?1;VBY+3AJDJM-WF8UI-?77VE?"L]+(:(1>FEH]IY;*C3+]?^ M/671C/H1([9G,>9.7(X)SASF=C" M!1/>K1B#YP4/KG_W9CM=.$5&LN;M=.4;_FN[U MI#NNO`8,0'?0O6%TA]H##$!WT+UA=(?:`PPJ0?`$.*6$TSHO!9`"I+#<`4QZ@0G+'>"$Y0Z0TA=2 M6.X`)BQW@)..<*K=-[L5L&XM._[D2%0[:HAC#1-0X*'#?J,C]4^=[RPY?2E;T MW\.E7J%-/$I`LF%(7E0SDV7K5%/8R3G/N$B'800CZJ+1W?8&HS5 M7J$,1=\T))=BLHP,M7<:`\9-@W$Y]HK.9C>,%=T)6FO9&`[5%JN"BF\:C$NQ M5(9CH!@HKKHR?J&QN0T[17>"UEHTAAJ;\!J>BR\ZGW*SR'NN,#PA/UE17/AX M3K(F`>QL`TUEO"F#4^(P[725"GIO061Y^VX?9:MK7)5N47KY%1/*1[KX M@(@3Q)P6]0[>9YR^!@E6-7]SN8P^?PC"&\NC-ZO0\Q4GL>O'0?/__-_$/*W?VNW5RVW)T'8EG'M M=>,M6LQE[:M@-@M\7 M;7R\]M<-)3UO_+A!7\]B3+Z:S%I.>O'\)^N/(/SV.*?L\^0=O8TN?>?]/V,W M>MP8HGAS-0,^;?9D!DE#%R3VW63@OW4ZY@5QJ.W.+(_]=-'N7OQL=`?=(9?; M-'!X0I*SF)P;.S=/->?/Y,ZXV\F1RZ8Y:KR:S2ZQA;''&&G+GOVZ MMKBU,6=K%H;.+JM.U<::KJ0E;ECZ`VV9K+'$%J9FNT;Q:G:+[O/`9T'('_E* M[UP64?'GQB,*W=T6M_"6' MJ^JP/HS-X@6_-MO+(O<.9:X/@VYG4%\OA);ZHK#]P[!7_/I0D&"FI>$^T=)2 M(@HR>!72K1Q+Y3TVS;4>_EF'0@ARS2H&FCT>T%.'<,2F/$:P_+)Y> M:@4SFS++*IBE9/HI)5C&53,SP&2HVY7\*`,;Y!3LX6D%\LU\\P M0?GV\F7Y[A[^#SM&%*01@,'%SZDFNMNK-K/M=8S%;(_JLS[GKM1F59]S?S7G MHQPV^9QK,./>"M.IN%P.D\D+<5+HY1D3%^__2O>I]-0,[Y[#\$7_6M(@@Z`+ M&O2-M(;L42JL/8!,>#G9RLL9KKV<[MK+:2_=A.F)L+TR7\5AF#25W:(Q^%.] M0J:??"[8K#BNQ4NT(/HUSQ,GF0;!59)E5;$14G3_'F?>YBJ,4VJ3CS7K,% M0/KR23`AE[8=Q*+.SEV+?.$:7#^8>+ZEF^[EL='Q;](-"L'MZ3X>AJN;WNQ MPY_GZ*`R26;=.YZ,]: M*1+^)F_5G7.(DA<<+)=?+EXF^*+D-U^._48,BA:%CL)?@+YAPY"0L%>6V+3 M<6D4%C#I&BTBK&8R"8/90L,LH23!(!1+EHD^\`6*V]$A%^Z]^,A>MS*=";PR MN*^LN3`@N<5H<5X%MYR-4I%M6]:+YSZ*QSZOGMH3A4\1@^N;_:<9<0<:5S?( M%.&ROCDT2QUDFD!NWQ@;&0?)5R:QY-_S;1D'8/OK:CU,=@JKK>8-EV=WPA<> MOFO\+,QL\OF6"_R]V-9Q@W8><_2^^$COJ4?,EP=WJ**_2]\1_WF_[G55(?6= MRVPO8'P=/N`I6CWY]G'UYW^X?+$-[>FC[%WN5E>_)0.3/YB+(S@;37SB9.%] M"='[(`P?ODMX?/K^QA-L19JLV]_4DSZ3+;_YP2&6=+5D2;?*+/E['`@U_B5T M%UO+2UO:9)^L\$\:)>;Q-5?\L@HRN62,KMEA;+#C(&MSXU,2-3J#3T:Q?#+' MP_%P6X\5(T)E:+8>-)N6;#E7:BK-E@IIMW/%IV#MUNV/S*U\^!SX=8(=4(&% MI](&@I8VV]G24D^6J(-\C0PE=1L'E43JF?WN>'OKKHY(>2V<^NS2"EX?"^:7 M.LU:#2-B%9_8I%8JHEQ&5U88"A>G[.`DAQ5G]L`8I)C'5F=%S2'=N9%1STRC MAF69/WSETT\S!Z/3Z:OB0,O_F##G))^?&V/:C5V#Z:DX4Y#7U M9Q/\[XICQZ5P&+9V;(OV95+V=M'60I4>@,%43Y/DD%(JNU]Z3&=(5@U MW9'?R;:1&DN@*+A(.A0-E^K2JU^.>*G99Q6BI/,_J=8S^_U\E+3\8^.%%ODB MTV)%QGPH\ZA>O*/)7SOU0O9WF;R_?'WY\IG54@QSV!VDF?#^WC6:=[8**49O M.!ZF\3H>FWGSR3CJ?UW?F MOO%=[Z>+*(SI!7E=Y(#VDK?$`>W'>>H!/6U\PRW^W\\I[4^B"RGR/^K%B[Q'^3@QR+4U-D9CV*U&W? MFB4)UQZ]LSRR2HKG)D"Z-1Y-'%AXGK"Y:YJ_1X>02. M-QC%JR[D,;D]4_X@#KSPZ;+8GG)R1YRJK+4\8'?2F8KU81K.XGN7R1&($"B7 M=<:9$$VMZ`E6;L6@.`'D60G^SJVT(05&Q!QFXM.3$<>AF,LL"+L+@_P@>^&S"UL8AI_44)9FMF3PLTN+Z09X`"QA-J+)#@*W? M]HRWM3HOM!RK%,@U6?["-E@F>+HXNK1Q7DD6P]A2U-U!KC`Q`E[.3Y#]D1_R*8\3=7IX`2B(<6EPANR\^L M\(X_[_I1&#BQG1RTBM&[&7Y($K27>V!,[>8TZ;%);Z<,K?H?[RX#KO MDYOWEG^W/,PBSN7<<[H',5OHG&CJAES=\SV]X,Q,-,2GD#KGZX0A8L8IC7IZ" MY'239_8VSE[$O/ODU(]U%]*=TXQ/U@9!@ZGE<+%;]LS'/[<>$QK,XY#%(M$K M$41Q$D2<)A3[O'73*&^:KT;NS.6$3)0.9^Y$^$PM7V`Z%,>D MQ)2%EI%':&<+9&=<)O(YW93-HGQBS2[KK;>EBX"\/;S-7E=$?VY'?;.H;$Y0[XW-_IFM]/K M=O?.<7,D6:>:2J;RFNI>T=J>JDR<.L3.H0+` MYT_UW"5NSU1'PV''T!#`YQHE>0,XF1^Q8KX;#V4)\[,8?+EN1SF>.YVC4U\/ MI_SIYXWQHJ:?`?//3#]OQ5TQ[N>NX:K%_;PME*I-/V>E?^+TW[G"'R4RQ7AK MGBP3)F;L!![_P(3_*)G]WCC66, M]D[G8(^ES>N9>UCVS:LSJ,2\GDT9V#H]D^4X:/9,%H[T51@=<\Z[>E.IFU?ORZWTZYPEES()PK)XN3V07=%G)2&\E M(_GAI0YRM%[#NGP)/Y>$\MS]\^/C?%@J'3F.;$\[[C48&`, M3*,*$\\;Z_WQ>#RJ`-9SCT:,S:$R]78VM)\9N[@HW.R/CX422AK\KK>V.H/? MXVK>,_C^*8/_-9:)U"+=-0E@B:SO\%ZDI8I$8R;2ME+Z?,N_O,M--UN\G(>4BGU&?BS,NU M;PJ<2M^L[S(?WHLEI[X$H\EU4?BRXV>_@6/&U_=8CXO`.,HECB3N)=GN.K M,:6?C0OM4GIH[H`6A$X)Z6<"IKN)I"-C5SV`TBDAG>74=[\_,H9Z47J;KGQS MS`VT#&0\$WS<;M\NA7"X+QVFETV)C<_O)5^>:E[RS?.\:=?$I%=;>G^'00S\WK^:)GQV:SQ8RS*IUU MMVVR])/(6C+E^+2&QZ9UF=7%"MTS<[VU9,^JF>.96C@^/KT?8QM?2#RT]1#Q4HZM*GE4(%9)^6 M.3A#&>0L-RGX=KKN[G1W/`=%J[TT\\NJ]L[0Y>T=4TN]H;=G52>\?Y=JK:,\;#D7F&9923N7?< M)L\*3./T?=.9_#E*<4[NTU7!F6KX^"IXAD2?R?=C8QONW-![:&SOZ&V4MF:= M>+;9Q>E^>44$$;0I^K0>F>2CJ#3CLN3:=E A)X7O#@^G=O3AAQXJVRJ>?- M+4>X;T7`6GYF<\M>?LYG3@^N$TW%JYT?U_R-PM5?CDCDXC/^Z>(VB*)@MNKW MGH;R]J@E09*?_TH60VXGG]\0<_[]K^36LO^\"P.^LK7MP`O"-^3?;9O2R40% MIO:SZ?"E\Z\CI^#I/AW*D^[Y\YS)O/_!1=:AW`:A0\/52/X].6TH1D3D@ELP M&XZ(MBU+=B4=[U8:>YY'?O`06O.?+I+_9B;47I[MH.8<+@)$Q8/H';47&#(D MAGK`$#!TKB*J-(A>;ZSC9ZSH>[J?R/_ECN$S>EK!U3YOAGFH2;C_2>>L0$UF\C% MU61M\>$-&;T:]46C\C%Q,9C/OVPOOI7#>7$MKI\*8F;Y#GN9ZYY36T>+IIX- M4!@4!H5!85`8%*XWA7.RM!99P.;HQ[)=]UFMKOZKT;#_([FAOCC/X@?1[O7D M9P%RF1^=@C#Y2<$N53(,(T_^R!9_R)6@FW,+Q7YH-;EQ&9,S.IT6WQ@6'+(K M!56`RM\R.YB47(U_7%G1S$H;?\H3C,V1GT'-4.,%65G_1H>#LK M^K08:"K-H`R'LL5!:]A7JQ=2!M]+81<0W@2$CQ2O?$`X$%XFP@VS90S4;KD! M<4"\5(AWE6_%`7%`O%2(&ZUQSP#$`?'Z0MQL#8=:%#O+@5^*7%.]%*XIC1.4 MO@61Y2GU0O6.*P9%#NL#\L8'1)P@OO5HO7W:&:>OA=N[>/=6[Q2%4]`!)8@. M1">U-=IM]11G5T%T(#JU%)WB_7$0'8A.'43'["K/'H/H0'3J*#HE^`\A.A"= M.HB.V6F-"_9+JA.=#;_D:WFUR@;1EG^JOSPF>5TT]8:X$9^C_72Z?\0L/ M?TU[JK&TFV^>#/2S3SY9C\LK%_B_XO(;<<6QY3\2E[&8.KS#]B.UPA;YP>"P MYSUZXJ8QMC&W5VO>D6^\`?DEF5DB@X_P9_\S]BF179B&O,WIEK='W.6-ZE9$ M%@2;TY#_[L>S%L?7H[Q&A]&9VQ;?69[WN&Y,-K.Z,L(0]_90RYX2,5+YFQW, M9M2W^?CY.^L'DWEN#OBW>>#+:0>V'8>A>$>T9A%[:OEW\N_%->LDXK)]QRGJ MWQ%Z3_VH12Q&'#IQ?=Z-F[22.)'YQ)_2\B&(/3%O$M)_QF[(GX\"WO2$RDO< M0CJ/0]X?H_*EA'Z<+$;'^'%Q)9$;DCGOV7;GED>L&1>CZ%6IF#HF$.M*GO]_ M&@:V1=O8*S@^CP:O>2F`X/N8BK)3@ MZ41#Q54M>:!52F[?Y5`[Z MR;CYL+E&OIO*X3O4]JPPN4A02@";4]OE<.-$=3FJ'?'M#]U79D<*JNQF6_37 MXR%3BT_0>CIIJ4*$>/)7"5]5/"GC'.E2`.?+KC>(V1*$>^"SX;^'"R(*P>-J M@U,ZXBP3WT_"8)9\X#00_TV>X%-WZ"QIEDL/EVPN?7Q"_"%Q8]:RJVW!6GZ_ M,1G^AA1>A](9=39G_2Z6"D$\SXE)*9EQF$T%A=S`(9QJG)&[%R1)(NQ>5_($ M1FNMP)7P8',TXF6CU>F:&U^V^/."81''E>!*FUBV+0C%!S;AU.=:D`L+[RUVV51^:<\F(G:[J1D=&%BJ=*VY'W-KGR`O>DELK^0<6\?^LQLE;#&;T`$M]KMN? M<)1E96GK($\'9LOLF=M\';:,0?\$O@Y>F2M=L^#NL#SN_M!-.)D,9=3;Y>KV M*&2#+N-B)J=GVR&-DF52Z+2-R<9LR1QN.R:M$:ZUZ)+ICOQ[(K6PM5C-AZ]Z M_1\W>[R,]G"PM:-B>\\R50[Y@=,GT;!\M%SIB-&N1K_)GM&:&S\8YC:WN%$R M/L0N+9=!P;.)J)F^FN,&SO_")'&6DLO9:I%%83SYO%QD6N)[+K+N3$KEK10* M3@_J\I9"\L\X$%_/K/!/+N=2?3,)2-$/LQ+%SUP^#V%,BB67B6^6HB]MN4@B M@R665H*F36D4K4DF+D8O6PWIC.L4@3%IP;J1FS2V+HQH3O`99Y%`^XN+F_=7W%A)K`W.D[44BQ8NV)1ZDPO.A3N7 M10MK9*6PN=7D":@\;K)Q6Y,LFYB'@;!;V%-#G(,KN>+3H]_=6]<3)%]H"ZEX M^#-\/;@5)MC"&EEL=<2$MLTS#H35C%MBD9';Y63?\H028CNR$/5Y2#D8Q!W3B,Q:CGCIS1+)(]^G\O=AILP M2W#JB1J4RGJ?)GS2L9#?>\M-K+6%@,DN3X'F\N_U';L'KL=]>M7N2CZ$?F\? M/C%V\(IHTZ^\L=:Y/U*(WRAH:BM:MWEP/%E)Z*/50_K#O;<')V5 M]4_NEAYLWBW=N_BY\ZHS[/4/T>G(X"I&NNQ2`](M46>874,WTGUXLM40Z][Y MNDFT>9FLN9N]\'%ST9G\;]#U%B/Z+F)GXV($R>>@OE/I]R_^'DT MZ&6=\4UD)9NY#0.4O.#FPS3V'6Y)1%/V,E^I2'HL2)M<__J!"T4:>=@>ELX4 MRE-I%$6ALQ5(-@KEH5+VT.E5IS\:IM*OE:+6,WBJ`K4*EKX*ZJ=B\93+@JX& M3]^L[X2#@T[<*'$CT^_\(9?)!9]%?!NZB$NP77HDVWC>POOO<^%F_L#?OQ&O M?$[>>+]HRMD#&6.Q]Y+@>6X9[U[\W.V-MQ;QU#V7/,_^:I[]%/,T.N;9\UR^ MLW#KD\CZ3@].Z5H^LV[^[8)`Y[&KW>T-]T_D0']J!Y^-!^U1I]L]3^2WZQ.XGUPY<;SUWZSJ5TGO._?Z7G3J8W[&]-)56OQ4XI&[B$ MU^:\*87NO26WN9>,4;X-O@H\CRO'T/):Y/.MY]XETXT"\I7R-=,G5Q:;\I\F M$_YX^^;!FC^S1"P;EVVO6UZW^RU(6A6-)DT>6$_7;;U]_%6FDB3K!>__^-ZG MN[6(GC"L2E%,VFN@6'J*]?7"V$?76H0BG%4[;".\=H0(XNYB>5_9+V'`V+JQ MO9)U9$Y1P^+(*PJ>$ M65H*)[AZ:WDB\GPSI33Z&-B)0DZLW>6`Q'CX:/Z+1JNQ)"/9`.5ZIE]=]J=L M("'>DG:+-Q:469)KV=FO(OMA2<%4>!YO+Y?YWGSEES>7.WP-D>) M.$3`]1@OV>*1C0HB5V+F(BP?@I#R%C:#MCL2^F61E?DM(&_#X$^18)8W M0^12=E"`+I/4%+882!J16Y2M0KUJZ4P\$:"+XIY@W0C8Y;4+FVE;U@:;C@/&LZ54$?I%W@"W-7 MU6I%.,%X-G;BT.4P_&P!*U#YZ^%_K(S5I].>*=^MY[F!L(THZ.K'IY'0KZ)4 M2!($M3W+G9T4!5VUO6Y9MBNBC;+5;(UFJ07WDG2QZ*+=0^*.'QPWW#Z2*M-UGR@=UAP M&DO77-2I.3BT[BJ\\/1S]RY(*:03>3H:,O.?+13*-#_H_LU-AC@B24 M2#8"?+]&^:/"ERB.^.CL33QL0ISJ2UQ/OFKNQ,.T.`$#N7L5#R<\76^4BKOV M-ZL6Y2JPXYJS%P46+K(%Q28&@66 M0DV=D'Z;'__U5&"''7IZE6`/87EZ"R3 M)!=FE+#&:Z$!RSBNFBM%4YBT!?H!"G#R:&HC'TPX MT&Z3GR9;N*#I:*<.%&<,5]!.U6S!@XVB4#&D\/XUV1>0\Q'"@G1L&H'/%"W2 MC!_0"/OY?G:N4>'I@9I/7W5NI^;35YV8FVWZS^??J,O"VTIN*3P3[^0TG#P3 M\70D;\FI8W4G;\GICB>2-^MQ#.$V*3CS9Z-KY5-1G=-5Z%P4I^L=F]T:$#(P?FF)(1:^=1/0>*#3-4^^>/J1'CO#7@,7:8O4,^I]+GD>6J`L/HJN&'9NM; M)KDN1:T:H]&A:DJUT*M#/?6J>6BW5C/X9R!_.?`?UQG^FG^LQH3.>YD\:LR-#OGMCLWCG2NN?19GV]O@7#RT* M>8G[J;\%;^D7RW7>68^?^-BGE[[S7]0*CUISPO#LM3OC=G=SN*G;+VS<_4YO MQ8#!8MQ]<7VW]N-^N@M8C'O<-L=:CWM3172[QA(GW;;9UWK^>P+?94S#NF_B6T7_&XO/[>_'O:FWY>VR%$0V]1[)Z\^"Z MDP^7Y`*T:(K)!60UAN77BT5G/6HYZ,V+2C>_7W@V$\X;9FZ2%E([")UG&<\V MVOT\^2I?.%DC&X/=<:?HH+"!'U3)^@_\@$XV]N@VG09^4"D;>Y2;3@,_J)6- MH=X#/ZB6C3UFQ]D#SU4MG\LGY7HY+VEC9/%2BXC7R#M1/S&DCCIR+GO0B)Q& MN[/'4$@QZ%URBAJZK(>T MGT*L8!)=.HXK/`*61X1QU7;%-:ES-^*?SZ;,MOOB>TY4`Y;]2;7Q6-Z(W6"A?OR')]ZI#W5NAS&+PL1P96/9>AA1_3H3Q<3_GQ[8LU<[_$-^OGWUB,Y#7W_.+]-Y:A$4\I( ME/#!FLW_^N_&H)-,43PEON:KS)POA`)SC`03PI'HVL3RA;1XL9`@GT;$E:L1 MF7-",@D_^7^,]^5YP0-[?LZ')`^N M$TW%JYT?UZ",PM5?CKA!C#/FIXO;((J"V:K?>QI&KFUY2[XE/_^5+(;<3CZ_ M(>;\^U\YZ>P_[\(@]IVV'7A!^(;\NVU3.IFH$(3]:-IB\@:Y7T=.P=-].I0G MW?/G.9-Y_X.+K$.Y#4*'AJN1_+L\!]\1(R(L\%RG8#8X:-W0>227=M+MM)[GF!\\A-;\IXODOYG)MI>#.Q@ZAZ>`5/&0^M7U MZXJHUQOJN0!%/9'_*TY1O^#[\&@:Q,R2.Q+ZW>:,VUQ?Y7D[]K(4-?Z$&&ED MSBQ&YM0Q*8/,"5M94\%*RS?`IA38]``;P`;:!K"!MBG(^BMW1TYF5GCG^FWQ MX0T9O1KU1:/R,9<;ZS[_LKWX5@[GK7"][+A2SA*F/#94)\B-!HX0E>`O<]\, MCH*C!7$4%&XHA7-:?1=>][[Y8]DNEZPK\:_KD(>UE2KPR^6GJ\^+P[M!R/N\ M]NU7?V&)VV;*C3(:LER7\&7L(@41\Y.870IF&$:>O)0M_I`K03?G%@IC>C6Y M<1F3,WJM\6!<\.I6"JB`Y'HCV>RV!@.UW@H@&4@N8'*#;FO4&P#)0'+5D3SJ MM/I5M"Y4AG^/[$LT]A#^'^G\I0ZQ^(2M.YKL.A@)XHA%EB^FJCY@_#QW56WA MC[KBL\)0BX&FTA#*`)E8;7S_T1OJ$"PHA5^`>`,@WF^98[7F'"`.B)<,\0ZT M."!>;XAW1UHDP^3`K\:'6&2RP^;9DI2!EH;'5M0,([NCXIEQZ.A.`#0`#4`# MT``T``V=_=,]G?W3QO"H5;>9!;,^S:34)]W3;:O'!T2<(.9F[)E[!\TC71FG MK\$.LO-JT"ET_]C3V$4"N8'][N21_Q442>TGD":.A*GM)Y`FCH2I[2>0)H M%$.>QGO(4&P$QX%1;`3[>2`9Q4:`Y.8A&<5&@.1Z(+GAQ4:JZQ(N)4B//7QM M]O"`!J`!:``:@`:@`:>PNDIOR@J]56]GIDOV2_Z.+?7UV#0A?.G%+YS9`5V#-,DT(7SJW`;H"JXCI[*.L64%DF'K+SJJ_V]#'<))";6LK- MN`NY@=Q`;C+?[V)";B`WD)O,][O4T-/_6KJV-RBV_/,V)*]7#VU.>?'WWU[' MK'UG6?,W[ZW0Y^-F7VAX(S96W_B0WWJ!_>?/__-_$/*W?VNWDVO37[@^YZWG M69N[L)?M=O+8H=:2=VW.+M[L5SKYZ<(V.T:O,^P842#_&G<[%R3VW>37WSJ= M[@5QJ.W.+(_]=&%>_"QN@CL\7-F!PJ'V.\9BJ/WC0Q67;Y4WU-YJJ"FH*NX[ M*I.JP_14%5=HIAWJ,@ATVF"7;Y^+U^[AX2ZZ4#S@K*@URQYP5NP^(V9%43@3 M@OOC]`-^/YE0.R+!A-#O]M3R[R@)K8BO<(%/;(M-Y5$S^0?]9^SR98KZ$=N9 MAVSD\^3]HHFOO(7/_A5_Z])WQ'_>K]_-Q@US>O(K# MD(LXE_E?`]]./NSBTS"[QA'MTAV/1]VG&B93IZ7,*X76''?[W7[%YI5J-1@- M>\,\YG45S.;49Q*=?"0L(LL)1@'?G_IMD;A$#YXSEZOD\CRZ'T3DD8H6[.#. MYWMGYQ!E;FAX[]IT:4U39W,8?)1)IY>R"WDR9//W*S[*7X/HOR@GS[*C[$3L M%D[O;&(/.)9'YF/U".ON`[I>B1?*+1 M-'`6F;JSO9L]^6#RW,9C)]E;H^ZHVWL*H?VMIQCFY63"5WJY9K_G%B=_Z+\_ MT=DM#?]O^XL51CX-V=2=L_6W)\Y+JI]_K)_X]CBGE]]=]H_-7I(^_K&P0L0O MC]]"B_/'EE1_^[CYBWQ[/?QD]$D+Q^S54=<8Y42__43ZS;<.TU4O"FX.-0,- M!^9HD!,)KSY\V"#=,X#,FW!7DTE1D*L8UJ06T@=K_;Z9$]8^9FNOJUM-+-P\,HR*Z^:"BJ9IN M?A9KA[1.WF@K2[$,AU6!6UU,@6=(4Q&PG6:Y]XQ17ZGE7J"**V/GT^OF1K^B M=HZ*UM83Z3<>Y*7KBC1%#V*PG!5C,!H4X+_(6Q$JHN%I0!QTNMW*D5#5CNA$ M62Y]0Y0J6,<53C9GU3N7)64$EE&YW?%]%U[/9;3O6[#YQN.MR!(AU_X\ MYFI%1(I]6VI`&N/(LQJ>47 M`T_&G0P[ZX8K[]D4S;,V^1Q-:5@>M[;$XQENR8$NQ@TV:2M43613\=S(LH:V M>[VG9FE5R:R1-!BJI*$]ZM6*5YH8!5N["A@%E>!96M.@P3PKV1``@15KJOH3 M6#.MDWYM/U7KM+O]4:W6^-+ML?2K.W8GA:_;&A#X2QS:4XN5J6Q60ZB-F;.: MT3-D+E`S'"9PY7P7%:*LLGUP7]4*F8:X6FF':FY<*T9F]5;?H$Q`:Z$M%+KZ MC4X9U-5`'V@GVQHL\*!)YA#!5GIWD]>!:@:/*[0(5&RKKIM@9]M=%[DPRM(# MY#<_7)[V_<5R?4:"D+SX&/!7V$MQW8P7._PGUU^`41R8#>F4^DP46$DJEBBD MJQB2&,QR(->^',:3422#$$]IZ=K(-H4F<2?;FE=3[I2@[<]F6\7\,]KPN'## M*5\!K8QU!88K%VTPO/):7)DON.8\KII05S5@I0W#JR/4E6M2MQ1EI(FQI-P^"E_EW<"%,K-9:?&F8Y> M4]F9C6?&K`&OM#!VGF-BY2T;';FM@=ESF.?J/4YMHZK"\!OX)';FMM897OXM5=CH'W"]0XD_E?M.->:W97\#I/&.@+%6[&@#0 M=*U7F"9BC)O)<5T8FZF:R:"A^ED/9F7S:3;4DM*#5=F"`VW#U&3=(^]<9GN! MZ)/;'^(Z;B+OXSZ\$&V\L+J]^ZB:^7G?'>MIKU0GVS>RYW]K>_+T`Q57QXM; MUCUGSW7JLMNK5V1-O>T+SU/!#B)"]M M9V3.^24$TO4G03B3X"'6;1!'A"_@,M9C^8]_8>M[X"T!IN26/V]]HR"Y?20S MZX\@)+85T;L@%-_-$M`ZQ(K(1!#G7D)+]"!N!%S(]:V`*+&8O(J*SB-I+)!N MIT4$3%KD';477QGRJY[L>^?)Y&O7=UQ;7MHKAK_1Z=2EH17:TT?1C?A-?)U, M-Z+VU'?_&?.7XLA-`F%\.AOS%S=5@C[?'<6W_>1<&L>^T[<`+PC?DWVV;TLEDT=5*HB0Q(N?L7HWS.N7/ MY-J-ATO'?XT`4P/X2NC9ODH/T4M[)NXV^IW3P@X?0 MFO]TD?PW,RUVI"\G]@`3^6#BAG_C3OB(^:(G-ZE``]`@T``<-!@';RW/\FV: MF#C50\+K#:-%G?DRD?\K&)1I.\T7E$]Z+0N4GZSP3V&S\YT9N7;X#V+P6H$3 MB"@6$9]77A_`H,$PV'3_`0@-!L(37TSUD)"3V;)P%+63SV^(.?^>S153`OO( MS`KO7+\M:/F&C%Z-^J(G^:#KB[7^#6DOOMUPWSW/XAS)5N(.03H!5X/Z]X[\ MGQ@<88'G.EIR<]/#^N(CO:<>,7;\H+G*XU[F:;++!+#R!=8B-+H`E@E@`5@J M@-4%L`"L?(`EHH(U`5.)-JJZ+<8NI3*:HU<6FQ+ZS]CE9."_EFZ8*MIX'I?` ML_9%>?)4MOA#KGS(-OM0*(;U]/MES+]G]EO=L:F_ZE&$5T@.).>T^;.W?4Q:)DPHRY7)NA9%/0S9UYZ7O$A5Y MC_)70EH,-)U9J@R)55ECJ^>2!+QU@;?1:W6-,3`.C)=H\D&#`]V:D*QRZ*Z5 M`B\ABUSKK0L3YQ_E,)4&_^&&M)?E\9BL*%>@::9HUZ/)YDLWYUBW MU^J,U:81:D+YTMD-U!7DK]*$Z*5S6DO`U=`_J@G-2VYNZ?RPG%==H&<.>5@(*IT7M0:>7&0+`E6^&`&_`6WWP5M%% MM>'NWO5U&'#Y-L'Y-AJTQL..5F(*CTCM4:>7+0+`E6^+J,7;<%A!_QL05V'$ MC8:M8:^"H&NXTW=M_L+QJX4=HG:/VFT9([V,7_A%:@\ZO8Q?`*Y\4P1X`][J M@[>*+JI-K"V1WAQ.<7$3#FOJ-5`=''WFH*M4$^`T,@!>VC617_7W'-_O);$MR"R/.(>JB@!)WY-_:F&V6\-1FI+7&I"^M+Y M#=@59OEK0O;2>:TEY$K*J.THKN2K"=U+9S8PMUYY\>WD[5$_O MJ]1WB"+[V*Z7-@]\%H34(2&]KRP*C3IKY#/B"WM<;^B6&GU>VI+92L">5+ M9S=0AV1#``[)KH6LJ24T]9HJ)>_&GZ+VH-. M+S,$@"O?#`'>@+?ZX*VBBVJ)9[JT=0,74.*@,;>5ZY$X78ZGKV>T1J;:D`##N>]UMN1TTEP/E=W;U?2X6NCW^KT!C79 MW0'DV@U4!Y##/P=XU]<_!W0#W?5%=[T,E";61C[!)UWV/D:+HGX5K3Y84K)Z MK],:FB/]U01*;.I"LNJ!W.BU>@.UA:N`<6"\S/QH]:79@'`@O-03`/U!RU1< M9;5RQ9*W!]PK-4XCGWZ@`BMBB-Y>M)^TQ[$8HQ$C5D0FEAL**L54Z6:GIYM+ MA`^(.$%\Z]$SM]BY"^8/N3(BX_1U<),/!H.647"F7T]C=R)D![*C\=8,H@/1 MR5=T:EJ,&X(#P:FAX`Q&1FLP[-5$=*I^,./(GM'F.T(:)AU_=*U;UROZ+IVF M)L*JH[B&YR(`8H`8-@7..9RRQ_@<36F8*VJ1.-B`].\*'/1# M7JPN)*L>O,=]X!OXKFW>-[0WT%U?=-=&>=?R0,/9IQ=NJ!V',F-%X,]I<7Y& MY)%&9!Z']M1B.5<.15:<)MZ0"F9BJ_>8()\4DE-'R2EX#8?80&QJD(9=[+X. M0@.AJ8'0]%M]Q=?@E7)RX75D<6IOD&SYYVU(7J\>VOB^V#/KN#Z)ID',>./LY9ZY'B.')-\"SC]=="Z(33UOP4YAWJN96>9T/7#S]SB(.+*_A*Y-Y7TGEW;D MWA\IO*!CEBXPD1LF;O@W[H2/V(_2Q..!AJ:@`3AH,`[>6I[EVS2Q<*J'A!). M<>B6RI@O*-6%9#*`\I,5_BE,]DD0DFL1G!&#UPJ<0$2QB/A\R]^YEWM-P*"Y M,/C-#P`$`"'ZZZ8KIGI`J&6R>#KN9IF+32_*ZW2U/GA:77:+Q?9_F>-@:#PW]54]!B5F0 M'$B.CLF,D!G(3`$GWR`R$!F(C$8B4R_[K);AB[.WAM?KVWQ%QN7<"B.?AFSJ MSDO?)6IQ9KNBA\M1^:8V+DG`6Q=XF]W6J-,%QH'QVM8'@08'NNN+[EHI\)I? M!9!YZ\)6M6_>Y+ISJ5[IWC*OY$D[$!T3'($-8`/8*.5.'D`#T*@A-*I^6^:9 MI=0O/]R4>%534Z\]*\>N&^KTNCP&@"O?7`#>@+?Z MX*VJJVK-G9/I#-]/<11;'IGP(3?]BE)MW$ZY2ZC1Z@Y&6@DHG!:U!YU>9@@` M5[X9`KP!;_7!6T47U8:[>]N#CB#;U#'`ZU$ M%5Z1VJ-.+WL$@"O?'@'>@+?ZX*VJJVK#W;YK`[BLG(>F[E)+\OV.NZUA5^UU M;)J0OG1^`W9KV`%P305<2=XXFGMMSKFN'JH@P]X80*7 ME/W0U'UJ25F_K=Y8KT`-G".U!QV\<8T%'+R_P%OM\5;11;6)M;?3F\,I+B]% M74>]!JJ#KZ]O5*!>B2)N`>`-`/AH/`3``?`2:TZIQ;*JP&-WY-/:IF?]CJ]"MXSABPJS+L1E5T%5A'7.1D`&GUCI*.Q!@H[[8J&'54D`# MT&BFARQE05LO8-1I4]\A'Y#=6F/_1'?0ZIIZG7S`=K'VJ$.Z86,!A_16X*WV M>*OJJMKPX@9/:MH6;?MV4J3CO5A/"E#*-T.`-^"M M/GBKZ*):XJDN;=W`!10YP'746IQ]49R-I%0=X+9UP+O&CFS`&_"NK]LJ5&:>33#U1@10S1VXOVD_8X%F,T8L2*R,1R0T&EF"K= M[/1T\XCP`1$GB&\]>N86.W?!_"%71F2\OZXU^H/.H5JII[&WD3(#F1' MXZT91`>BDZ_HU+0`-P0'@E-#P1F8G=:HI_:^A.)$I^K',H[L&6V^(Z1ATO%' MU[IUO:+OSVEJ:BPRZH$-8`/80$H]H`%HH(S[D?H]5\%L%OA\5(']9]/KN&N^ M9=/-!SANC15[SS5Q6@#)-4>R7I40@>*JH[B&QR(`8H`8-@7..9RRQ_@<36F8 M*VJ1.-B`].\*G/-#7JPN)*L>O`?=/@`.@-:3A[/,+ M-]2.0YFS(@#HM#@_(_)((S*/0WMJL9PKAR(O3A-_2`5SL=7[3)!1"LFIH^04 MO8A#;B`W-+ MS@6QJ>!M]EJ=<5T\I<"X M=@/5X,P7-#C075]TUTJ!5_T^IKRW+FQ5_^9-KCN7TJ^VT/*S,`VP`&\!& M3C6Z`0U`HX;0:/BE39,>>4W<3KE+J,$%=*R5@,)I47O0 MZ66&`'#EFR'`&_!6'[Q5=%%MN+MW?7_F+\']7R(2W/*FK,@-?+A]Z^J`,SNM M\5@O4857I/:HT\L>`>#*MT>`-^"M/GBKZJK:<+?OV@`N*^>AJ;O4DGR_XT[+ M--1>D:,)Z4OG-V"GJ34"P)5OC:C%V]!4>V9&$ZJ7SFH@;G-A'7?U,H#A`4^]#476I).;^M[K"KE9#"-5)[T.EE_0)PY=LBP!OP5A^\5711;6+E[?3F M<(J[2U'54:^!ZN#IZ_75:@*4+07`2P7XJ`.``^!E5IQ2BV^S"N6F@&]=2%8Y M?!NM?A\%HBOANS]>4.U;$%D><0^558,;OZ8>5;-OMD8=O:)M\'/5'G:J;7]- MR%XZK[6$7"FN5:/5,4;`'#!7Z.+::PVZ-2KA82^O2.UEOR*U5-^][&.[:/`\ M\%D04H>$],YE$15_KBU@/MD9G^OQFL(ZYB(A`TZM=91V(,!&?;%1PYJE@`:@ MT4P/67&0+`E6^&`&_`6WWP M5M%%M<137=JZ@0LH: M*%T3=-?<:7_JD:YETBM<^'IX4RN6!@9L`!O`1OE.2D`#T*@'-.!FWFN]'3F3 M!)=S=;=U):4TCUM]LP+U.N"ZT(5DU<,X/'.`=WT]03 M/-)E[V(4[=\;47.PG%QAF4HK`F0EPOR7FLT5ILQ"HP#X^46CU5= MC@T(!\)+S?HW1BVS5Y<2X(HV-+U2HS3RZ0? MFKC&(#N0G0IMS2`Z$)U\1:>F!;@A.!"<&@K.8#AH]?K%;B35B4[5CV4D`#T$`9]R/U>ZZ"V2SP^:@" M^\^FUW'7?,NFFP_0Z+;ZAMK]F"9>"T"YYE#6JQ0B4%QU%-?P7`1`#!##J,!) MAY-V&9^C*0USA2U2!QN0`%Z!DW[(C-6%9-6#]V`P`,`!\-JF?D-]`]WU17=] MM'(0J6`V=@%. M$R250G3J*#I%K^*0&\A-#9*QB]W:06@@-#40&J/7,D;%EO8JY`##Z\CBY-Z@ MV?+/VY"\7CVT\;W"75X2>)I2WH[G!0\B_"1'Q\@\I$S4#A84BMS`ER6X)D$X ML\0G8MT&<;0\L'[[R'>+?P0AL:V(W@6AV`3.J,5B48?XR6EV(EXEH=@KAJ*S M6XNYC%B^PP<0DH>I:T])Q(=S)2L6/Q*^<21QY'I\Q@[Y2.^I1[I\'/.8]QH% MQ*$1#6>N3S>Z>+6'?,51.$UQ`$GTJZGEWU%YN\9R7I>+X_^<&AN'0,BG#4I^ M$-/\?4W)KRM*OI64%%04]/LV#2DEG_A@IHR\Y_MUA]S0>41GMS0DW4Z+F!VC M3U[PSJ-I$#/>)7MY`MTD5HA-/6\A23]=="[D9S:W[.7G?"B[%,).Y\>UQCG' M`5/@TG-Z3_QY3DK>E9E9N:50V(H3!:I%X0$H7$4,EW)(3]9K46J:@->0)E`8 M%`:%06%0N-"LT@*C^*?WE"^#MV/_Q3-88PKGLC$`A8O&<"D;@]_\D%K2757^ M[J!I#`>%06%0&!0&A4'A0G<'V/YIL?U#V*">%*Y/V.`7R_49"8Z<[02[:\)N M1(FP/('"H#`H#`HCAH%M:-UB&.495>3KPLLNLB7+M[`T9GQ]0BLO/@:,T=T\ M5;"[ENS^BC@:%DY0&!0&A4%A1'D:XC+]S]@_=PN6XF$/+9Q,:'KGA!_QNC$05%)7+ M%?#[ZTYL33&W\C*ZNBE*42#+"AOEZP^-O5+U"4DN(U.BF`O?VP0S#5P8&C.^ M/G*>XJ(.\+HFO,;)OH8Q'&P&F\'FNK#YVA>I8J]UB#$TC=^:4AB1XDH[Z=[2 M.]?W7?^N?(%N&K]!X5I*U.6'&\A2(S@MRBN'=$I]YMYKX*L"SW'VN,;L!H5! MX:I3N)RXRNDF""516(]C]WG>JLYU3>8.]KCXT>4'%\_PI8OJ*I.+HC:JZ MLN6MY5F^K=:.3WF]:G'>3B`GGT0WY2H7R*DC\JB&?]&;9(DT%-/]"A/ MD@)PZ@B<0FI``#IUA,Z7Q3WT6*^`G:S8N;$\X`:XR8R;Q0`Z0TSR?3D'Y M545R*"'(S`KO7+\M/KPAHU>CONA'/N;Z#N?A&])>?"M'^,'U.2O=8Y6`$3I( M>8"M&O$!I[DF7%] M%H6Q3&(@P8-/G3?E,U.14U;;PZ'U%T]P%!P%1\%1'"=:"K(]V/9WHFLH?8U9?B(`OO/(Z?I3J1+"K+D)W.[-,DPC#RY M(UO\(5>";LXM%#D7J\D-RYC,7QB]HJ^$*I.71ZHT0#@@ M'!N3:^LK&=#P`#%`#!`W!,0P4R`<$`YH>(`8(`:(`6*`&"`&B-5,;CC4V-0N MX^Z#(R&N`N.+64-"YTFJ%)3*,=)\M*1>5LAI,=!4JD`9^&2+YGBD M5!6D+/=7"K.`[_KCVQ@#WH!W;>&M=CL"=`/=0#?0#73#-`&\`6\H;Z!;AX$" MW4`WT`UT`]TZD*QRZ.X:PYK@6U%,K)(;SU:[]AZQNEK$'XW6J91;-2M=XH&4@17"`X$Y^0<<7-0,;G)G0;Y M)HY#&"&,E=@C8@6#T$!H(#00FN8)#H[U"$W=![1V2T-2;?3(F;'Z+_:,YWB9IPF5BXI<#6U_#O>E.LG$R5= M\F)*`4XE\I78<2OJ\ MM9C+>/>AI-0W2:E/":7>[Z=4C[S@G4?3(&:\2[:SH4U!-XDL8E//6R#[IXO. MA?S,YI:]_)P/95?I#YT?UPK@G"0+U&76M4YR.10>@,)5Q'!ANMNF?D3#U.E+ MX#6D"10&A4%A4!@4+H3".65?%^@B.KVG?!F\[5@IGL$:4SB7C0$H7#2&2]D8 M_.:'E'_]+^J4OSMH&L-!85`8%`:%06%0N-#=`;9_6FS_$#:H)X7K$S;XQ7)] M1H(C58'![IJP&U$B+$^@,"@,"H/"B&%@&UJW&$9Y1A7YNO"RBVS)\BTLC1E? MG]#*BX\!8W0W3Q7LKB6[OR*.AH43%`:%06%0&%&>AKA,_S/V:?DKOL:L5A)N M*CE5BB`NTB@AO_9M+Q9G$ET?'&\$Q[7PTC2-TZ`P*%QU"I?C8E[6(X#.@D05 M&97+%?#[ZTYL33&W:B^ZNBE*42#+"AOEZP^-O5+U"4DN(U.BF`O?VP0S#5P8 M&C.^/G+^.9I2#9P6X#5.]H'A>3,<;`:;P>:ZL/E:%!5T7NL08V@:OS6E,"+% ME7;2O:5WKN^[_EWY`MTT?H/"M92HRP\WD*5&Q^[SO5V<[EY#W8OA'$%#>"Z.I#DQ=4 M/,^?(J:O2"KVWU?#1T18X+F.OFQY:WF6;ZNUX_I0G20$X=01.(34@`)TZ0N=+'-I3BX,'V`%V,F+G MQO*`&^`F,VX6-WL".4!.\WPZ!>57%9)GQO59%,8RB8$$#SYUWI3/3$5.61P.!85!85`8 M%`:%06%0&!0&A>M#X6(V-YO[K$7F/&F3JV`V"_SG6*+-'K`NNWK0&K0&K4%K MT!JT!JU!:]`:M-:!UCEEO#ZX3C0549(?"XZQG!U065.&CRBP_SQR9N)$NJ0@ M2W[2L$N3#,/(DSNRQ1]R)>CFW$(165M-;EC&Y(;&H.#X6RF(`HSK#>,10`P0 M5QW$;8`8(`:(`6*`&.8$0`P00Q,#Q``Q0`P0`\0`,4!NEB(@IBT\J*53W+8AROC[@69H5&C8_(']\0,0)XEN/ MUCNRGG'Z&@3?C5;'Z!2J@7JG:"!%<(7@0'"TS.2&T$!H:B@TQ>[E(#00&@@- MA`9"TSRA@7D&H8'08*6!T$!H(#00&@@-A`9"`Z&ILM"(6$U=]C4;T>+7D<6I MO4&RY9^W(7F]>FCC>S4''O^(6>1.'A(TXH0V[H/**S6QJ2;J=%S([1 M>[5G.BEF7!Q1TL2\)9&NII9_QYMR_806I$LN&:,1X^1QR$?7NG4]-W+Y$Y^H MQ>*0D\.*R`?+#=S0-8L9[9"]/()O$'K&IYRVP_]-%YT)^9G/+7G[.A["K+(;.CVL5<4ZN M1-/+".>M_JI>J'D`"E<1PX6I;IOZ$0U39R&!UY`F4!@4!H5!85"X$`KGE$1= MH!/I])[R9?"VZZ5X!FM,X5PV!J!PT1@N96/PFQ]2_O6_J%/^[J!I#`>%06%0 M&!0&A4'A0G<'V/YIL?U#V*">%*Y/V.`7R_49"8Z4]@6[:\)N1(FP/('"H#`H M#`HCAH%M:-UB&.495>3KPLLNDB7+M[`T9GQ]0BLO/@:,T=T\5;"[ENS^BC@: M%DY0&!0&A4%A1'D:XC)]1VUY2*G\55]C=BL).96<+D40&VF4H%_[MA>+&J:QFE0&!2N.H7+<3,OJQ9`9T&BBHS,Y0KX_:4GMJ:86TV8?%P5 M&1BZ$-BR?=BRDZZ15"@I7U]H[(FJ3QAR&8T2]5OX7B:843"^$7&IS]%4!_<4 M>(W3?&!XW@P'F\%FL+DN;+X6I0:=USK$%)K&;TTIC.API9UR;^F=Z_NN?U>^ M0#>-WZ!P+27J\L,-9*D1G+X*9O.03JG/W'L-?%7@.0^V[PDQQ3TANOK0Y)T4S_.GB.DKDHK]M]CP M$1$6>*ZC+UO>6I[EVVKM^+V,*M/;">3DD]BF7.4".75$SK5_3UDTX]^H38H$ M>NJ)'N5)4@!.'8%32-T'0*>.T/D2A_;4XN`!=H"=C-BYL3S@!KC)C)O%99Y` M#I#3/)].0?E517(H(!H^`H.`J.@J/@*#@*CH*C MX"@X"HY6@Z.'7#4KXO-Z[,HC&6&`PD>?.J\*9^9BCRVVIX'"=:"K(]V/9GI*L8?\U M9?B(`OO/(\?^3J1+"K*H/,"181AYV^$.N!-US0&0QN6$9DS-:YECM<;^S MF)D?I@#D>@/YA3$8Z(OCW*=[I*`$A`/"L3&YMKZ2`0T/$`/$`'%#0`PS!<(! MX3@P.8TE`QH>($ZIX;O]D;XXAH;7G:"U%@[8\`!QY4$\'/:K!V.5US\<"9X5 M&+G,&CQ;)]ZFN!D]3U*EH%2.,>RC506S0DZ+@:92!$\U#9Q":^@L-#'J@N[[H[AK#FN!;4;"MER+8IBSTJ:1F[;<@ROF:H6=I M5FA$_H#\\0$1)XAO/5KOH'W&Z6L0US=:_5&Q&JAWB@92!%<(#@3GU+W'[9U&]S35QM57C=FYP>KX3)R2Z,'2OUDM(P8)`B) MN=FY[_J4S#B)IXQ0W^&=W-!Y1&>W?"C=3DN.Y=4>=A7'T30I!I+#5U/+O^-- MN?Z*.9>,T8B3BQ/\HVO=NE["]4_48K'@)>?O!\L-R>\)_WW.RJ\"')(\;RWF M,MY]*`GUJR#4IX10[_<3JD=>N`(U0MQ#H$>L--[RI?!VWZCXAFL,85SV1B`PD5CN)2-P6]^ M2/G7_Z).^;N#IC$<%`:%06%0&!0&A0O='6#[I\7V#V&#>E*X/FRS79R0X M4J09[*X)NQ$EPO($"H/"H#`HC!@&MJ%UBV&49U21KPLONTB6+-_"TICQ]0FM MO/@8,$9W\U3![EJR^ROB:%@X06%0&!0&A1'E:8C+]!VUY2&E\E=]C=FM).14 M[,A3HN!X(SBNA:>F:9P&A4'AJE.X'#?SLB@!=!8DJLC( M7*Z`WU]Z8FN*N16TR<=5D8&A"X$MVX=ZFSG;%]R8HI+3G3U MH3B`GG\0VY2H7 MR*DC\JB&?]&;5(DT%-/]"A/D@)PZ@B<0NH^`#IUA,Z7.+2G%@T-T=G$ZR'3R82=DFEGA MG>NWQ8P>ZPFL+;):&6&3?9/Z+`ICF?=`@@>?.F_*9Z8B/R[.DX+"H#`H#`J#PJ`P*`P*@\+UH7`Q MFYO-?=8BV9ZTUV.Z"F:SP-=X"UB733W"OZ`U:`U:@]:@-6@-6H/6H+4.M,ZI MBL"#ZT13$23YL>`0R]GQE#5E^(@"^\\CIRQ.I$L*LJC,C,TPC#RY(UO\(5>" M[LF\74QN6,;DAIU.P>&W4A`%&-<;QF8/*`:*JX[B-D`,$`/$`#%`#'L"*`:* MH8H!8H`8(`:(`6*`&"`NV5=<1:M8997I(T&C`@]%90T:K3+I2(H+6/,D50I* MY1A5/5J\*"ODM!AH*E6@#'S)_GBD5A6D+*Q4"K.`[_KC6ZV]!G0#W4`WT`UT M`]U`-]`-=`/=&@Q4`W0;:K,1`6_`&\H;Z`:Z@6Z@&^C.Y/(>U\7EK2@DUDL1 M$E,6H%12JNY;$.5\N\"S-"LT;GY`_OB`B!/$MQZM=V@]X_0UB+Z/"PZY]4[1 M/XK`"K&!V.B9R0VI@=344&J*W4(#^PQ2`ZG1/$X*J8'4 MU$!J8*!!:"`T$!H(#81&L7W6ZABCF@C.1KCX=61Q:F^0;/GG;4A>KQ[:^%[- MD<<_8A:YD\=%D'9*0TH>Q#]^0*+0\MF$AHSH0V[H/**S6QJ2;J=%S([1>[5G-L<`*Z? M#)9TR25C-&)\_`[YZ%JWKN=&+G_B$[5$&PZQ(B+:)K)Q$O"9DJ_4CD,YQ[<6 M_*UW_S@EE/]7O#ZVI_'$?\Y\&T^`"MR`W\U>,*_ M%6SY2B<_7=B<8OV.T3&B0/XU[G8N?MX'@6P1_0W`%'&.=HDHWH[G!0\2+8(, MC,PYVZ@?$2%V@@J6QWDU"<*9I`FQ;H.8_YBP[/:1S*P_@I#85D3O@E"P;;;! MMHE@V_V:;>&*;;>"_I+EO&GR,'7MJ83K53";"R!/+4;BB'/B7[RE)5!38.8 M\2[9RQ/H)K%";.IY"_7\TT7G0GYF<\M>?LZ'LJM,F\Z/:]$X)Y^GZ=6N\UZA MJUY/?``*5Q'#A>ENFR^'-$R=*0=>0YI`85`8%`:%0>%"*)Q3HG^!?L[3>\J7 MP=O>P>(9K#&%<]D8@,)%8[B4C<%O?D@MZ:XJ?W?0-(:#PJ`P*`P*@\*@<*&[ M`VS_M-C^(6Q03PK7)VSPB^7ZC`1'ZD^#W35A-Z)$6)Y`85`8%`:%$%E%]F2Y5M8&C.^/J&5%Q\#QNANGBK874MV?T4<#0LG*`P*@\*@ M,*(\#7&9_F?LT_)7?(U9K23<5'*J%$%Z7J$Y)<1J9$,1>^MPEF&K@P-&9\?>3\TOO7-]W_;OR!;II_`:%:RE1EQ]N($N- MX+0HKQS2*?69>Z^!KPH\Q]GC&K,;%`:%JT[A?X4,7U%4K'_TB4^(L("SW7T99<;.XV1/(`7*:Y],I*+^J2`XE!)E9 MX9WKM\6'-V3T:M07_4-=.LP4*`;Z`:Z@6Z@ M6P>250[=76-8$WPKBHGU4L3$E$4HE11=_19$.5^%\RS-"@V<'Y`_/B#B!/&M M1^L=6\\X?0W"[T;+-(J-NO5.T4"*X`K!@>"T2L8!`:"`V$!D+3/*&!V0>SKWP%5CVYP6)3?WQCL8'00&@@-!`:"`V$IE)" M8[0Z8[,F@K,1B'X=69S:&R1;_GD;DM>KAS:^5W.:\H^81>[D<1'^G=*0D@?Q MCQ^0*+1\-J$A([J#4)Y;_2#[2>^HQXL2A.$\932G_OY!2,N-#F#)"?8*0S]6*R`?+#@FD45LZGD+9/]TT;F0G]G
  • ? M\Z'L*OVA\^-:`9R39(&ZS+K622Z'P@-0N(H8+DQWV]2/:)@Z?0F\AC2!PJ`P M*`P*@\*%4#BG[.L"742G]Y0O@[<=*\4S6&,*Y[(Q`(6+QG`I&X/?_)#RK_]% MG?)W!TUC."@,"H/"H#`H#`H7NCO`]D^+[1_"!O6D<'W"!K]8KL](<*0J,-A= M$W8C2H3E"10&A4%A4!@Q#&Q#ZQ;#*,^H(E\77G:1+5F^A:4QX^L36GGQ,6", M[N:I@MVU9/=7Q-&P<(+"H#`H#`HCRM,0E^E_QCXM?\77F-5*PDTEITH1Q$4: M)>37ONW%XDRBZX/CC>"X%EZ:IG$:%`:%JT[A.WIA1&I+C23KJW],[U M?=>_*U^@F\9O4+B6$G7YX0:RU`A.7P6S>4BGU&?NO0:^*O`<9X]KS&Y0&!2N M.H7+B:M\CJ.7))A`936"W>]]ISK;N9R\!]LW@ICB1A!=?6CR@HKG^5/$]!5) MQ?[[:OB("`L\U]&7+6\MS_)MM7;\7D:5Z>T$.P"FD!@2@4T?H?(E#>VIQ\``[P$Y&[-Q8'G`#W&3& MS>)F3R`'R&F>3Z>@_*HB.9009&:%=Z[?%A_>D-&K45_T(Q]S?8?S\`UI+[Z5 M(_S@^IR5[K%*P`@=I#S`5HWX`#@*CH*CX"@X"HZ"H^`H.`J.@J/@*#@*CNJ4 MK[8B?J_21SU/\LRX/HO"6"8QD.#!I\Z;\IFIR"F+PZ&@,"@,"H/"H#`H#`J# MPJ!P?2A)IB)*\F/!,9:S`RIKRO`1!?:?1\Y,G$B7%&3)3QIV:9)A M&'ER1[;X0ZX$W9Q;*")KJ\D-RYC*J@[@-$`/$ M`#%`#!##G`"(`6)H8H`8(`:(`6*`&"`&B,OU%)M%7ZV;`Z)45HP^$C(J\$Q4 MUI#1.I$NQ66J>9(J!:5RC*D>+424%7):##25*E`&/MFB.5:K"E(622J%6BB)BO101,67Q226%ZKX%4<[7!SQ+LT+#Y@?DCP^(.$%\Z]%Z1]8S3E^# MX+O1ZAB=0C50[Q0-I`BN$!P(CI:9W!`:"$T-A:;8O1R$!D(#H8'00&B:)S0P MSR`T$!JL-!`:"`V$!D(#H8'00&@@-%46&A&KJ(_LY0EDD]@C-O6\!?9_NNAAGAO-5? MU0LU#T#A*F*X,-5M4S^B8>HL)/`:T@0*@\*@,"@,"A="X9R2J`MT(IW>4[X, MWG:]%,]@C2F2W5\11\/""0J#PJ`P M*(PH3T-7K"XT]4?4)0RZC4:)^"]_+!#,*QC>,:LQL4!H6K3N%RXBJ?X^@E"290 M68U@]WO?JCN!G'P2VY2K7""GCLBY]N\IBV;\&[5)D4!//=&C/$D* MP*DC<`JI^P#HU!$Z7^+0GEH6!]P`-YEQL[C,$\@!NWQ8E>ZSZK[9I M9V4&2/;<&WY&Y]H$#Q`I2G\^L1KA('`4'`5'P5%P%!P%1\%1PZ(+"8W+&-R1LL(*X\B(?#?O5@K/+ZAR/!LP(CEUF#9^O$ MVQ0WH^=)JA24RC&&?;2J8%;(:3'05*I`&?ADB^:XIU05I*QX6`JS@._ZX]OH MF,`W\%U;?*O=CP#=0#?0#70#W;!-@&_@.QN^U3J9@&Z@NTQTOQA5S7.B>>@, M0E-_H8%!#W37%]U=8U@3?"L*MO52!-N4A3Z5U*S]%D0Y7S/T+,T*C<@?D#\^ M(.($\:U'ZQVTSSA]#>+Z1JL_*E8#]4[10(K@"L&!X)RZEQL4NY<[7VPJMI># M+$(6M=PB8@&#T$!H(#00FN8)#:P^6'VEZZ_JB8UA5$QJL-AHH&D:O]CT>L5F M^V"U@3!"&+%=@M!`:'**+G7&55O"4L2W7T<6I_8&R99_WH;D]>JAC>_5G/[\ M(V:1.WE<1)6G-*3D0?S#J!V';N3RAA[<:$HL0=28DF!"?NB\ZA'>E><&/HFF M5I2\$866SR8T#*E#@C@23WZD]]0C76(Q_GY(6>S)KZ,I)0ZU`U^F4UB1:(=_ M;8E_)VP:\,8FG+3$X2/P[^3C$S=D$?EG;(41#<7#9L?HDX>I:_.A\>=#.O&H M'?&N79\PR^/#MFZ#>_IJH\KKQNS\8#5<1FYI]$"IGXR6$8,$(3$W._==GY(9 M)_&4$>H[O),;.H_H[)8/I=MIR;&\VL.NXCB:)L5`&_SUGY58!#DN>MQ5S&NP\EH7X5 MA/J4$.K]?D+UR`M7H":(&>^1[9AF*<@F!8?8U/,6@OO31>="?F9SRUY^SH>P MJZ21SH]K_79.:@H*<.M:$+L<"@]`X2IBN##5;5.?KWBID[[`:T@3*`P*@\*@ M,"A<"(5SREDOT`-V>D_Y,GC;;U0\@S6F<"X;`U"X:`R7LC'XS0\I__I?U"E_ M=]`TAH/"H#`H#`J#PJ!PH;L#;/^TV/XA;%!/"M*-(/=-6$W MHD18GD!A4!@4!H41P\`VM&XQC/*,*O)UX647R9+E6U@:,[X^H947'P/&Z&Z> M*MA=2W9_11P-"R4H4'&\$Q[7PU#2-TZ`P*%QU"I?C9EX6)8#.@D05&9G+%?#[2T]L M33&W@C;YN"HR,'0AL&7[L&4G74-6U>B6KR\T]D35)PRYC$:)^BU\+Q/,*!C? MB+C4YVBJ@WL*O,9I/C`\;X:#S6`SV%P7-E_[(CWLM0XQA:;Q6U,*(SI<::?< M6WKG^K[KWY4OT$WC-RA<2XFZ_'`#66H$IZ^"V3RD4^HS]UX#7Q5XCO/&-68W M*`P*5YW"Y<15/L?12Q),H+(:P>[WOE.=[5Q.WH/M2TY,<2?%\_PI M8OJ*I&+_%3Q\1$1>B*(O6]Y:GN7;:NWXO8PJT]L)Y.23V*9Y4E2`$X=@5-(W0=`IX[0^1*']M3BX`%V@)V,V+D15U<" M-\!-1MPL+O,$93C[LA$PS*[QS_;;X\(:, M7HWZHA_YF.L[G+-O2'OQK1SA!]?G#':/U036-AFMS+#)GJO0S^A2G%;$;]7Z=.A)[EM7)]% M82SS'DCPX%/G3?G,5.3'Q7E24!@4!H5!85`8%`:%06%0N#X4+F9SL[G/6B3; MD_9Z3%?!;!;X&F\!Z[*I1_@7M`:M06O0&K0&K4%KT!JTUH'6.541>'"=:"J" M)#\6'&(Y.YZRI@P?46#_>>24Q8ET24$6E9FQ&8:1)W=DBS_D2M`]F;>+R0W+ MF-RPTRDX_%8*H@#C>L/8[`'%0''54=P&B`%B@!@@!HAA3P#%0#%4,4`,$`/$ M`#%`#!`#Q"7[BJMH%:NL,GTD:%3@H:BL0:-5)AU)<0%KGJ1*0:D`;J`;Z`:Z@6Z@&^@&NH%N MH%N#@6J`;D-M-B+@#7A#>0/=0#?0#70#W9E)9FA<;-#\@?'Q!Q@OC6H_4.K6>*?I'$5@A-A`; M/3.Y(360FAI*3;%;.0@-A`9"`Z&!T#1/:&"?06H@-9K'22$UD)H:2`T,-`@- MA`9"`Z&!T"BVSUH=8U03P=D(%[^.+$[M#9(M_[P-R>O50QO?JSGR^$?,(G?R MN`C23FE(R8/XQP](%%H^F]"0D5L:/5#J$\M_)!_I/?48<>)0''J,IOQ1UZ=D MQD?/__-_$/*W?VNW1;M$-MPBBT;%I6J7I'&4'LAG"'Q(<_4HG/UW8 M@MB&V34N2.R[R7>_=3KF!7&H[Y>_&ST1T,N]WM(F].H"J+MUN%; M\M^?).[^;SE$_\>JF[>/\MDKSV+L\KO+_B&'MQAM,L8C'#+'/3`H1P9UR[K&^4D[DU[->!6Z4(S_'M>D%6U;=5K/-: MA#F=UT%(7GR.HY M!/2@<,6(IJ?>2*^XZZ(W]+!1*D8T/<&[94L#O`5IB8H133=+(?UVI?*6@FZD M3Z\Q=";]M<\B-XK%*Y9'0LJH%=I3D1!^[]J4[1"74G;I.T+YN8SQEUC"C/.6 MJ('1W8KG[^]&]:BS686#X7860EFCSN(&,OL]+4:=;1TP1:@URZAO!/[=R*5, ME#IT6L0/(O+(Q7@>\]%;C#H[`W=]B\N/Y8D)A[$0-';#7_TUB/Z+1E^6KUU& M*Y$\S779DZ[+S:ED[KC<6:;A5[\_'%9ZDJG.2G3ZXWZ!L_Q['$34(5]"(7?$ M]9&LG\;+]8*YY>X_O)+F1,;- MI7'UYW^X-!2*Y%&.3ZZ3J]^2!4W^8"1CVVQB8R7\$-)_QM2W'Y^^O_$$6TTV M76+9>%"DB.`O.FB^U9J!9+`,'W2(ELDA)VC8R M55*QZ$6J@IIM9[^EN6;K]T:F#I*QJ=GVQ:877.VJU6KG,J];+//T8ENY"]*Y MK"MZ01H,=!"[`A2@4NU5['Y";^UU]M)35^UUHI*JDM50L/8J='][@G!5:2M; M5ZD[R(.\K'H-C8B"C7>CVS=Z.JQ_!8B54CH6[+'CT.<8CP)R%?CRQAT9FU&_ MP%S[]Y1%XOUOCW,JJ2>'\BUX,I!TIA?G3X$D^SR9L&D04O(A]IT"D+>'5,LA MR!&D,_([14KGU8:E6-Q^,Z0NJP^:FMC5Z&1=`O MQ2)HY[CH?>#ZT[WSR546Y_]J3 M(I:TL6QBHP71@'A]_>Z9V:WF5MP]0\_Z3#E;:JS1/W_*\F)@\G4Y(,MW-N8F MY\R(R!,7KU/V,G5^^+++S_Y:5;"2CN#M'W#5/E#%2P5?UQIU'%**+^]&+;Z/4+($I>^J^(TRTZ4T!A'0)CK)_" MRV+1M`<]W2:0S3XQ-1Q_ED,\55.NZDM**.5HWHI%V9E-HV-F($,RT>4L"6?V M^^\1[RIVV50\*4Y?OJ.WT;YILN2MS_[35SY/Q`OGJI?N5C'FHQV6,*5L"J<] MVL5GRAD%@?/@>M[.B!??9S^>U;_X61Z2>#*>16N[W=[$M\QU7"L\[)1X?BC_ M^$CO+&_#B[!JT:4I9%N,MIMZM+^\YM'`4A:Y&/'Z_R&O8O[S9:_NC9 MJ89NIAVY5$+7?F3Y=ZYP""VRH7B?MA>(;!?RW^)Z(B+O)SHXE4O?6;>1-+%N M876]T5'Q_'G?M5*I;Y':OH0J_^N_DJ\(%Q-7:W7*>+B,AG7C4%LEW MH@:@RW^7ZY:5@(H_+Z[GXBC@U&")LV?A0N8?6,3_DZQEOTG6 M%>3==U?=A]23[T8!L/!%4RO=T>*KZBWE#Y.U5[3%&6"_DFSYH?/* MW-?8'G%^M;Y#C7SCL^"6PEQ">AM:MZPEOZB9UK(C#PV(1 M[]>/+<_C0^-+_4Q$A8))1'W"ID'L.83>2Q(\6&%H^5&+Q$Q8`!;Y)W_)Y202 MB8Q)G\MUY6%*)97=2+!`MNBY?U+OD0_)\J7WE_\A.B8N'[,;RA>G%J>S+9+8 MDBD[-*+A3-R3+/YG[/)W-NBQ_NOI?6TN9YQM"0J* M86[T+1(P!;FB:4B/W=36%V3:O;^M)?G'Y\!B>RH:$_WRCZ+;=4>K@<]IR#N= M\0YX:_;4"N\29H6.F(F>XL*&J>@TY*/ M+'"^YO&,FQ"1-'<$H#;UFKO6:U+BQ;!_,%Z-5Q*V1RFLVSU7.UC[U=4[:B^^ M,A+DR,GONQ#PJ7R[*\-U26TNZW<73!_[?VT1M8H2/M/RXV=J)/'J9N@MJ5&J'?Y_Q')EJ[I4E+U&FM&+5\S`GH M!LF$:"=91)>56Q/V/#M_ M(:TB%.,(G@?+"2\&N4W)U>MB^0\M6U+/%T9%/)>J8$DW#HT/]#:,A5RC+%=+)ZF?QNOY;+?B9G-)MPH]\'U&UV$D\@D#&;D/5=;G*6?^/(6""-U MM9/<-D.3=\6;'_A[R6O)6_GYG@:CI['K5'V6.+ML^\3^T#Q_=K=T(L3)33Y% MUG?*TJ:^/.WOBL_%]6.^VGV>+U8D]E8VGCSW333-=Z^AQ:'-EX+P\9H+#OLU M\*6*"?AJX]^M0MO'7,RY9,NTS>'X.8#D.J4TA"^5P)EBMJ8YZ`UU(IV6F#54 M8'8[R[EDPJ?*V"F2[-LNTSR2?-I&?Z`3T35$>PJRGX#VKE9*)F-"GV8+Y,DY M@-W!=EYIR7QX-DVY6-`/CX$^=69SN]O1BL@:*O:CQ#Y!L?>>,Z*A8;*1_U0- M8_:,@5;@UT;#I#`B,VB8/FA\FNF2GL;;%R]#H9P![=,/@YI]_O]T8H0V:$]A M*69`N]'5B<@:HSW-MO1DM'=, M%==4RPSE7CUA.X%W:>@W1P5)&>>#>#T/KU\8'M&X:CR)ZC"X:BI"E*9*977@ILO:_/WWY\[ MP13!T%P8>4I9R?(FE&6;\:*7L522_ M9Y\@?R!M-8)5B\VN/?#^U1,G73%'E]?=;YR8+/[0M#@F2B<3FESX(X0CM")* M7ER\__;U9<83F?O/"+@_;$!R9Z'K\8;/=OB2.SB!']W\*K_XZK%N;1X'ZD5;C0N3HBZP>;9??(N M#I>GRG>>.S043@01UY3R*@YG2X>R:,$)_,2P#B;$FL]#NCA2Y\JE,UG48I`GT\/@+K1FIQQGW3VK M^IS&6"FB*XM-Y8'XA+:'`[A2W+Z(!\_SMO;-\=XC0JOV\QQ:-H]E;]P?[TO] MV!W:QOK$84!=>:/:,X/[NGKHI(O?34[80^-:-ZUB=.GJOG7WY386,;H4]\F; MO>$!+]^AT8748ERKOJ/)7R^32];L(!:QEJ_/#5D^OWSOVE^^]"SW,]7P$MOF M'>$YVFM9D\M8S&?Y[K^2T.5Q MBB1M67=TLY?SB,'EUMR)E*?H5G\Z9"S;WAON^OVRT&&!F&7YEV2"25$7STWJ MI+A[[83]R/NX?N=ZK5%.;\S^=8?[%@O*7HM=889UQRST^L*1=C67HN/TCV1L/!SMFQU)T7-ZN,&Z/1:'@,B2EF=0"/RVJ[ZTJ! MQZ>Z>&?CRI5S@3CN["8;'.NTG)EE+'UM=H>G3VQI;XEB8XOE^^@,%N^P;T&R M7"[7^S/-E$''/#:/`ST7,IN,>L(<[Q[ER#B;=ZX72Z\6$V6S23!/4@G%ZBS2 MW$+73@KXB1^M!RMT&'GA^HG?9[=LN>Q?.)DM[RHIQBV?NXP2%Y`8R;=`?O=6 MW-/#!R<>OA35VN[H"2BG#U+,UF'<)X=")RT=*/W+B[E0R?/_=]F*Q5ATLYGW4\=9? MW,?Q=+;9>BUK;BE*O5=U;FG*V.='?`=&998"]ZY]Z)6L[/P@+;6 M^^Y#H[WTG>5+R3OKG?J9%G2_OY^NAWLL94Z9L-(9;:_P&LXIX^D$TZP`G[)I MP-'I;'H::W4/'FI*OL\A#-P=[23?K]O.0E1>]=)LZ5C]M=,3-VGTO[Y!B^<*95T?+ M#*CUQVM_W7G2]<:/ZY^V;EG:F-/BI4_6'T$H,JQ88N/9&VT$BS<4U-YD4W@R]=*?1Z1>_DNT7L.-\ M>(Z+NNK-$@3,Z/:-;0.]*1*FGW7"I7ZT[6I0SHUG#`Q-&)59%6IJGNQ4\"U5 MTD[5K+JRM03M.9:9`_FPE,FLU\G$]40&/VN1S=M36\+WGEP4'<<,A]>WD]M75,QM/L-4\TEX1O1/^RW=^I?/O[W$@ MHHQ?0M>F2<_).9=/5OBGR,X2KJDDC&-;WO*.V1K/ M_W!I:'%)>92#?`J%:W\>1TS^8"QDNR`HU1E#-^Z=[TXX0'@CB]3`6T;#^T78 M3Y!\"1FSRI`QBX6,V1UUMG/FJHF'/*>;SBCQ[+E.EV9OW\L#NN* M)Z&YT\K5%[J M(]XI:EUFX?#E*?P5V\-#Z;/58O-^Z=5*GV>H`0K1KHLZ!\_SY7DI0ML8+5H) MNSA+^6L(U=F*-'49\[(L8[#]1+8_8PQKPW1%LGZ2M5QOENMA,"DRDIO*[_U, MU6@7K,A`;BJ_*Z#259EO366YM@ZN@P9;@0ZN^H0L]&6S!G[,^B1)EL*]QE!7 M?W-(3?BGJ6MC*>QKS))4`6-3E=.H*@(E3LE*CB:Y]#)S*3DRNWD4^(6\P(&& MD;51ZCK)LW^9_NJXC1DM#N>N.]TYINL[B_Z69W5E;\V^=N[MQJUBZ[\.'>`^ MX?HNU1?7;8%OX\XR*R*[U[&U.#SMQ5?&XEJT`U?&<1`PEPE-$TSD/6F3P/." M!PZ<-R?087$I&O6\N>4(]/UTP6T@\9G-+7OY.1]*/;A.-!6O=GY<@RL*5W\Y MY%[2\:>+VR"*@MFJWWLN'^+`RY+,R<]_)8LAMY//;X@Y__Y7``>Z!S`!CH'X-$8/-`Y@$UC=5R+-,%`8PA M[^SB=)SIY")0ON?,PT]CGB!`9;GE-V7AQ;5/HFD0,\MWV$NE\J"=:Z5<+PJ9 M6>&=Z[?%AS=D]&K4%XW*QUQ?%#1[0]J+;^5PEJ'7=>!L)[J5MQ04L8IHX,DJ M'?2*C`5P%!P%1\%12N6S$O-=6^PS%-+09G\Q&Z7+!F&D2>#9(L_Y$K0S;F%PO&Q MFMRXC,FU"Y;T4O`$$`/$`#%`K#6(C5%K/%:;]P8D`\E%(7D`)`/)54>RV>%( M5GLH`D@&DHM"\KAZ2"[&PU-:\/>8AV=Q>2\3M]T6Z=A1Y$_-"I$"AI%*-I7A M0[8X'+4ZIEZKC"+"E\YM@&X)NM&P->P!=`!=D:`SAMP,&0Z!.J"N2-2-^WR! MUIJC[H!7V$5'V36A/*ELQNH6^LZOL)V*ZCK&I[*\2F.8LLC$U%WK,!] MOHZ.O1)E4[$/KM7OZ+4>P)E<=\QU6\:H`\P!1<]_W/D:I8#]GQ`#A M0'BI&KP/#0Y\UQ??1JO?5QL^+`[A)?J@2DL[25%<,(@LCT0[)0;+=D8IIT*V#M%7D/4`60`XBGA_C8:`UZ:J/,@#@@7FKMAG&W9?34 M1K6!<6"\U+P-8]PR3;6GT(!Q8+Q4KG":!1J=H$^@3><,5`U;TCN8?*C6ZKKSA2K@GA2^J5=-K=32[ M/0F@JSOHN*8;=''#`$!7J*8;M<8]O4I>`G1U!YW1:YFF7C4O`;JZ@ZX[:'4U M*RA=9`"W4H>_2[MS`,GW]4^^'^``%?!=8WP;+6.(:@9`>'T1/AC5Y>@4\*W= M0#7`M]'J#G``%@BO+\*AP8'O.N.;:_"1VJLL*W>\NU(W8*2M/F@]=[B@;,^4 M(K\N:I8JC(L8HPH8?HKX!8C7'^+=?LL<5&!E!,1U(5GE(,ZU>->`%@?$ZPOQ M7H=#O"[5U0%Q[0:J`<2Y%A]W8*@`XO6%>'?8&M;&%F]\G8M2ZA7B,&%M#A," M&H`&H`%H`!J`!J`!:.A%GM)Y`FA4JJ;%]L:S5X=L`]>_IRR:\9\9_[NH3(.> M;JX?/B#B!/&M1\_T)>3N4?DA5T9DG+X&'J5QOV6::D\3[T6G)AY`2`XDY]1P M@SEHC8UB#Z9!="`Z-1`=LS-L]0;%GGB#Z$!TZB`Z_7&KK[CF$$0'HE-'T>D, M6L,11`>B`]')O.KT6H-NL>F#ZD1GPV'Y.A)'@3:(MOSS-B2O5P]M?*_Z#LN; ME8=0I"`Y+4[5B#S2B,SCT)Y:C#K$BL@-G4=T=DM#TNVTB-DQ^BWRCMJ+KPSY M58]8OK/[9(_8@<]<%O&6@@F)IN(@E.<%#YSV.W>KI""()""QJ>=" M?F9SRUY^SH=D2]YW.C^ND9[[";=RDXA49@:=--UGU#Y_GC.9]S_(+.W'4^\* M98-\^H$*32O&Z&VE_MG4CVBXE-!MV2M4+1[(QROY,#1`E`U$.\H:&`*&SE5$ ME0:1RC/KY4:.=5C1TV[D5H)D%B-(ZMB009"^A`%'Z+&ZE*6)3T'N`$#G!.A\ ML-R0_&YY,05X`![H'4`'>@?@T1P\T#N`3J/U3DY[S6J=-OT66H*FRJY2S\-] M8YX@2V4Q85,L7ES[))H&,;-\A[U4*AK:>5QT3=$_<"/%IDC@.LK*Q,PU"X@/ M6H;9+5C.<1T2@)S[Y/JMW@B7R0'(E0?RN#7JXOY7`+D&0!X/*GCI'8`,(&\= MD#-:@[':8F5`,I!70/=8BHQWP!KS56'-`-]!=6W0/%'M!@6_@NTQ\#Z&^ M`>_ZPGLP&-0$WR@+>K@L*#MZRE^I2PJ5/U#Y(WVB4[?8%10'$A.'23':`V'=:EN",F!Y!0G M.;V6,:J+Y.A<%_1ZZR*A>>"S(*0.">F=*.8I_EQGM!$[F,TM7_@74U0+1;'0 MTUWG*!:*>H%@H0H5@H,*0SAE`L%,5"40$I!T&Z"EBDJ>@4Y!X`;!I;.`O@ M@%_. M\ZWH(U2*R%,Z3P`-7P*C3IKZCH,I$Z9Z)RCI(%+YS9`MP3=L-/J M]L8`'4!7(.A,HS4>F``=0%<@Z+J#5M?L`G0`7;&:;F1@>07H"M9T1J^"RVL3 MSWE7J;RD%@GMR+S/D'G?&HW46CPX6P*$EXEPLS4:HG0!$%Y?A',=/E;K%`;" M@?`R$=YMF0:L%""\O@@W6F-3[7X<"`?"R]7AW=K8X4V\Y21MN4'KN5,&9?NG MJEGU5&NMH3CCI=<:]RM0'@*%?74A6>4@/N2[&W,`B`/BM86XV6V-!A4HK@F( MZT*RRD&\.V[UN]#B@'A](`!HI;%)A8X/KWE$4S_C/C?Q,V M#WP6A-0I<&^',VHGC4/'DV2`!J`!:``:@`:@`6@`&GJ1IW2>`!J5+FC0T[F@ M0:;`W9Z_0GKGLHCRK=_&GI#8P6QN^:ISS'NZG4SA`R).$-]Z]$SO0^ZQ]!]R M943&Z6MPX,7H]%N=7K$'#"BV>@4D!Y)3`\D1:XY9[,%(=9*SX4S&_4#2E MQ)K/PV`>NE9$B>U9C+D33LG(#7P23/C#MQ&Q?(?0?\9N]+A1S8)8D7P_X@,0 M3\[CT)Y:C,JG0THYIV+>)B,LMJ>\'<8'E31K,?&\>-<1G?*_J<4?L45*B^>* M[QQ.#OX?.5S^\\3U+=]V+4\\X[BBD5?[?*/73Y-D?O-=T=1-)(?Q+:06B\-' M\M;U/"9'^6L@?GAPHRF96=%R7KS#._XL)Q(?H^7S?_ALR(SS8?K,I,,U]7B? M%MO)V%D1KB7[CJ8!?VU/WT^Z"T*.4):E6]MB4\DL3G_1]UY"?>-MS8-PR>2# M0R53ZCFRE$E(93$3_JOE)HWM#B\*+2&0 M&WUL#)#S:/M7V80$@R.(,+'<4.B`F+82VEG^(XE]SBZ/RXQ#[BS73Z@6,,;? M#JF8IO25$]YD*``UYZ(2<$!;H<_[>M+_GDMB7UQ/F$1F>-J45\*E$= M6=_%I]40.74LZ<@/_`7N%S)'O]MT'LDA+:;E4$Y@CJ&`W'(\<&0LH4KYVZ'% M0?[BXO.W;WS8#U.7BY88<$AML4+(?E9C6[3G^A)>0KJHS_CW^V61)6#A8Z2O M]NBP!(:F$B2L"+`)]G+B>)XCP1,7Q&<62U)9MQ[/8 MD_--""HX$=(IIX=[3Q>S%FCX?'4MX<")O_A2,$9*IY1<(=P<6"L1IKX@^@WG M()W=\G:[G18Q.T9?/LC_Z)$7DOQ!S/@W[.7.7<2JR7;XH%A"0IMZWF(=_>FB M:"F6_<5-=Y?^46 M$%^TN;YZ9KJ'@O+YBI^Z^'LF>JR-D_*%4-6V6%/B+VR.FY5QH5H$M9CUURT# MI&!!/%J20%?5-0F#&1&V5Z'N@@/E"72J(:$KPSY/-O?EPDXNPMM5`<*D07*# MUN!OF^Z./7LEK,ME[/QJ-+,TF^F`/7%3J@KWE\5[/@;;M@PPQ5)@#B_#,0%)]0T`O&W?+/0FW-[%<:R?#H MZQ99T4OC[BH3X<:Z&IW!"^,?@6N:E%+@Y>YZA9(3?VE1JWQ M4-7+6_7;:1:ZWZX6:3Y_^T;!O_YP3-W)4;S-D*)P M2['[D7,*MZC=C^A?N$6Q%V-0@>J4579B0!8ABVG+CQ5\8_/YLEA,[3']W``B M^.+F?Q*R6D10;]=4+V<;-P,BG1_0T`(:J3:"9?>:_:]TBA8%EE!@"0664&`) M!99J07P46$*!)118JBW#/D\(ZBJAKM(A%4G`;[`I2CTJ!>A!9@A-1D.9^$HZ2%"8U^FUA4N3ILV*'*%0)W MZL^']BI@M%3Y?"B$IGY",VQU1FI#`+6.;1>ZC%:ES)5^B6=:;%&PETJOEJJ0 M8Z:(5X!W_>']PFP-S`I8J_`6-+?P5,&K.(K/H/A,:NU9K'6`0E"01,Z"!=.1C14/K M-,O3%H^CV3JO(XOO5S?FL_SS-B2O5P]M?*]FRG_$+'(GC\FLOTTIN0IF<\M_ M)"&U@SN?]\&(Y7F$;[O=>RMR[\5G1J@K<]$MQFC$2!`2S[5N74]F*Y$9M5@< M4H=8$9E8;BBP$%-B^8[87GFQPY_AKXOLKV5#&WE@XMMUZI-H>^,3"SRGQ04[ M(H]\LS:/0WMJ,=Y3D%35L@/?$2GQHG:,+T,;EJAWQU;%MD1NU<3U+=]V+4\^ M[HI$\5=K[I$/(B\MNF",GP.:[&X-B'/&[&[GR5Z+/%`^&\_9`(V8 M.I^8+3C@$V/8:0F_S6*H;&J%`I[=5R/"(>R)S/TG/\F.S%?=_;^V^"39G-JB M'^^QE9#=2C(`!-@$ZG0"V/K/_\/I9''>/`0MWD$B(>*_2\[2[[QW_^X)]>*( M=^8+AX(0K_/XE()N7`U0SD.NJI*$S=LP^)-#7E!M;CW*[SFT5M_F1Z5+YCJ+ M/I\EB91.1I^*C9B%X"'7-/PEV3E76D+".(MY4\2R;5&"5%"1\YC+E("1()/0 M1DG^2-*/1,M:B#F9L,G_?S=(Q/P2('RK^FH??H[ADN;^V6BA_DM!SQV?*) M=6^Y7@)NH0;$J=J%+GA,M/Z%9GY<:6&7 MR74U5`<3"6(!?=X\!WD\BY.>^6_SD$YY*^X]74&J>!/CL)E4D'TS"3PO>)`+ MK6`\EV].6O&(I/2FI`M*"NXD?PD.)>*_;0[)I>[V\LQ<;ZR5($!_=Q.?C MPO7P6$,1.EH:U\QGQ,LOQ6@YPX9%IP-F8/=;R^/[1DINII1KS8_!T8+BZN0R M;9#K#&X=%\L]I"LMDW.33[NN"4T%L<@\=8`H&XAV?%G`$#!TKB("B+"Z0ZBP MN@-$6-V!H8ICJ%ZK^]']?K_2ET`FQ)E9X9WK+WP-8]&)?,8502[^35M\M=`/ M:W_.;B@W"?.Q*(R3&)B,_A&EW-?Y5DE%BD$#YRLX"H[6@Z/5#54`JTW#*C@* MCH*CA0;S[_7A\N8MN;RY(B.CWUZ491&/'@-5,^^K MS%>42CM4"%J#UN!J[;D*6H/6!=&Z@/*6XU?=;ND'"-/[-S\C/N!938I] MW7\O10:5=AH&<@.YP:(,D8'(0&0*<&OW4AFWQ>1; M9S1N;^);;MA&EJ?4IM6.0$56"DAQ`X&J^%?^-Q`HXU%Q:O:L&PC4SK]8/7O2 M[0,%G:^!T$!H(#00&@@-A*8XH8%M"HT!C:&-N[DJ:@.2`\G!6@NA@=!`:-*Z MG,\X2%9B&H6ZFA&_!J*L[JINQ"4C_[&H&W&]43?B-UDWXH/%;OD3]N8AM^*. M%.+2*5PZI1-Y2N<)H*$K>71*N%/IUB@=>Q`!7?;Y?7)YNYI:1]4DR?H"^H:[L',/^>>;\J#9$3JCUT6< M&C"N.HQ'XP%@#!A7'L:=)F4-5>W%CM M/8=ZR3A07%,4#[J`,6!!2Q"J@&^@&NG4##=`-=#?*D-.O#K@6X@4]D%X/]%O&T(0N`,)K MC/#>4&UH#0@'PLM$^*#559S*4QS"<?L['8EU2H]/Y<:$'+EVTJ9^1,,M_[HQ M6OG7'^>4!!.ROFZRX&B2AK22'5_[=C"CY":R(BINC"$?`YO3)_"?IX^]O+IT MF%FZ]PQN;^2IM(RC3?)\FX:4DD^\K2DCE,/*(3=TSDEU2T/2[;1T",B=$3)N M"AM_=?VZ)C45 MW?6EIRH(A**T-2U*:[3&(U17!I`K#^3>2&U9*<`8,"Y$'X^@CP'DZ@.YWU.; MEU.EDSF;I]P.;34*=+5J$KSJC87#D(#@2G!H)CM(QN74PUQ>=!U>SC_HA9Y$X>%QO8*257P6QN M^8_$9<3BQ`NC1W%A(?4G06A3>21U9K&(AL2G4<0)2ZPP%"FF,E;'!Q(2]F#- MQ4DI_A!UB.OSURTFFQ*'*"/>QSJZQV<46A&]>US^M.C^+_R%,)B'+HVL\)', M@S":!)X;O%I3G_#1/O+>*8D>YX+SWB/'2D1BQGOE'4ZI78;(X)/BDQ$U>0 M*UH3G29]"+>"F`+_2SJP.'D<3J;%$4LF"+7N33SNBKZVIK9@PM2ZIWPN$S>< MK<+0X@P;$:W*(8@!VEX@.@SB2'ZU),/#E/J$6O9TX]7ODFW0\#)#=#/D\F?"$5"SY?UI5:N#KF\DEF/1O-3).B5HG` MZJD*Y-13Y!4-%H)GX!EXUE2>95[G3ZF)I"Z].8,EQ4L%_!!@8P:"H,Q&&-+2)GXU@$2-$`"B`ZB@^AZ$!T. MWWJY>KY2.[CS>4]Z+77`0%G!*L"@J3!(]CX$:``:>,>KF#4@T%0(7%EL2JX" MS^,*(000M`""_D1'SJCRC61ETZ(2]YI21=+T'+O&8*F^274`%H`%8-4/6-?K M,\@`%`"5B_.6NO>*7;=`4T/0M,[ZK`F>BHY5%7%&U'CX=)+*HQC:&#BN@5'Q8J3VGA*]6'ED M'P39@&S`4`&(ZP3BOMJ*WG!\IO/]O*/VPO5C2-?/$:Z4XO#4P>U7@+RIK04^ M&@^T$CBM$PVK.??L6U&UD-/+3@'@:@\XZ+@&0ZZ45?7%H*N7':MVND7Z*8!C M+-70FS7%FSE0>R\14C].3/TH&+;AJ,D?H!%`/%T,;` ML0XX+B?U8]`?ZHOC2OM4(!Q5%PY8*@!QY4%UTT_"4FKI:7*'SY#(M4LG*\G"D98%V M3>Y!EIN>ZFUMP'X%>U[`H*DP6%>$U^XN2*UQ4,VY(ZP":``:@`:@@=QJ]0:. M%MMS38T;8*!`#.@;S0,,"H3!1]>Z=3TW5PAA``"0C<(W3R1VV:<>CA9JU4V2W/#]ZM4YS4] M[[*KT%3U'&+=Q:\^#-6=OGF=9R8X[G3UWAZ3AA735U=,%J^+ M,J8\S_V.GW?47OA]#-Q+KFP8&MP%-^@> M8:V.GE8@3NU&5"WD]-+P`%SM`0<=UV#(E72'MLZ0J[2;`CC&4@V]";SI@KA]8XKK1'!<)1 M=>&`I0(0`\2E)GZ\CJQ;CVY09OGG;4A>KQ[:^%Z-$^>/F$7NY#$9][BQ3[(>6M_(LZY,YR?;;G>X]_ MYD.Q?(=,+#<4/(BI:,NZMUQ/$(#W%Q)F\3]<_YZR**F_9LEKXG8/$[7(3IZ) M;'S7`;5SVBX%A25'%J=#?[KH7!";>M[B+.3J,YM;]O)S/NQ8X&K8_7$M*:=X M!I?(?>[$K5GTEN*`QW!+0O+24(5^`XZWF^IAP\WK(Q#HF5U@&H M$X[/KP!]/,ZC?R"FGG3'-9E``!#0;`3H3_=BEE^M'0OY0F#;6M1_+UQ/NI>B M?'];[;BUTL"``6#0;!CH3_><%N)3?$[J[%;=?4Y%6(FGN)RTV$ET4 M[2X`IIRWI2(P`30!3?G4QY?A+,`)<,JGB+D(B?XN0J(U@50)7ITB>:?NZZAI;5+M](C,KO'/]MOCPAHQ>C?JB4?F8ZSN<_'M MPH2?S0*?CR:P_SRR7-;^Z%V>G-$AITOMY(QNJS\PM!)YK>-(0+*N2#8[K;[. M9_J!9""YBGFV`#%`?,+DNKU69ZPV>1%;:B5["2]@U&E3WR$?^)"+W$[H>$2D MQ$H>BH^==EN=P4@K`=4Z<%W-N6L&.J/3,DR`#J`K]&2RV1KU<#892*X\DH>= M5K>G\?4*S4YZRFII?XJCV/+()'I)FAH M9@00K@G"C=;`!,*!\/HB_,50K2V7/[XUWZI`:.HO-+U6IZ\V8:%R^7O;`^[I M58`DZ[[H6Q#Q;=&>BC6,VG'H1NZQE.`LN^&`,/(!$2>(.2UT\S3E&\+, M.'T='#+CEM$M=A'O*2O1`LF!Y!0V_Z[9,D2`\G)',X:FX.*24[%-HX0 M1XACZI2&4:NG.-.MN)7LG(*I*.?9P-(**.?YW(G3C+U4L'PMKMG5%\G-SGA"*4]4M"JRE&?E"L%5(BT""-<&X9TN2GD"X?5%^`O%MUJ@ ME">$IG9"TVOU1RCE^>R`4P8KM&R")D,7TI]U&O:F5U4<8393Q1QE/Y4=,;.H\6 M=3P[J..).IY+0->AEEP]Z8XJCD``$-!L!.A/=]3Q;'P%N7K2'04<`0/``#"H M"MV;D=6NF<^I""NQLM7-4,<38$(=3Z!)0S2ACB?@A#J>6GEUBN0=ZGBJ,]-1 MQQ-U/%%NJ_'EMHQ>RU1\H$P38PI(KC>23;-E]/6J2P4D`\FHXPD0-Q'$HNK0 M2&TE!FRI4<>S0O%3S4XAF$9K9*@M!J0)X4OG-D"W6,*@-S0KC(^'I9"L;93Q1S>J,(H>#3K%5,!J2%0&$:X-P8P"$ M`^'U1;A:)S_0#7276V]S."BVPHGV27:HMXEZ2ZBW5%*]S4&_V*+PJ!H(R:F) MY/0@.9`<2(Y>,2>4VX0H0A13EML[D<9$\-K7\ M._ZJZQ.?1B1>%<@@GCS*V9)?!Q,26=_%)[%KC*:4_U](*9GQ04P9H7R_Z9"= M2HA]8OE[ONZ)YE[\,'@U_/_8N];?MG%E__T`YW_@";I`"LBIWH]B6R!-FWMS ML-WT-MD%+A8'"T5F8MW:DE>2D_5_?TG*[Z807Y[/LX(LMC2@7^:Q)FI",_*T[]Q5+5Z#O.)DE$ M>PK\<4C7UX3<@TML].*GZ(UZ82RXHV]9^X*'B-DWC$NJ$EF%Z< MC%CXTJ"A/>[.IY.0EOGP;U0Z^'AFD?GG/P-Z9#.')D` MC*7;W$1JMUU1(44<]42$(#*C3$-&QHKZ.,/) MB+R\CR8I'<&IR(EH`Q328#_]Y&=$&Q<-3"+W7_:78Y)[LZ+:%4CZ.Q6=#8B' M]!.*2`+ES4$"C>,TS.9FGVN.H;I'GHMZ1.7C./&3*0I'8S],Z#N)ZTX)[++< M>Q.CB)\BUA^%<)A2_-(A9T!I&`[C%Z+<]Q7DV&QN?DU5ZTC.KS>^[299HK3R M*2_4UYRQU7^2$D?VILJZ:, M[E*$MMI1NZ3%@=+7!*:V5)L`.+4"3FVJ-@&0:@6D8+@#,,%P!W"2$4XPW`&D M8+@#,,D*)ACN`$XPW$EUF*J&..YY6+RT'>PIP%X.R!WD#G('N8/<0>X@=Y`[ MR!WD#G)O?-E8]_&?JT4-//X5.AHO9M.UE&3[\XW5G5:9]6BJBF4X0J-"DL04 M`!J81ZGLR(YB>W*5.`9'WW8D-S)E<;46%A8$ M&$L,XV;F*S)/NV&R(KM`.VT;C@-EMP'&K9^I.!Z@&%#<=F<,%>G!-,`T]LQ3 MY#4-">_%UWV>R9LP..4!4ZA:#_BN!]][QBZQ^#X7 MO#KACV_))WM@--TW&EUO03IB&!1D$1E,>@#?@&^)_/>Y7F]M39CT2(I%,)H2 MDQ[!NW$P*`"^FYST]`#=@.[.>F]`-Z`;T"T[N@7MRID29JN^CVD!Y8/5DX4N M44Q^R83X6!=VV\P& MIG]@B]VT14U1+0AC@.&TV7"Z>(,3K`:LIH/#C>`;HS#S`U,$4Y3BAFI]`]C* M!OF[C.X;K\AK_O$A0>\6C5:^%[.C_7^3-`L?ISG=EQFZP^,,CQYP@@Q50;JJ M60K*!CC!Z(7^\QA/$C2(AU1>*0HC-(S3%(WC-,S".$K1RR`,!GG3*,Y0'^,1 M[J,L1@\8Q;2?7C;PHQYYQ3A._(30B\+1V`\3TJH_P;0E:44$'CUE`Q0_HHQ0 M3K[R,_K]%`W\/ND*1_35_OK+D1_1WP)_DN*\\=A/4])O&B23+(RF]!E*/B;P MF/CL$?*",$TGA*QTC(/P,0Q8+V'4)V))ILMO`\)<2*R&/99>K"AX\>F&ECW! MY-V+A\(HS?PHH)*G3(71,TZS$8ZR%/F[))W+;93?]V59PN%"(7Z04)&,)L,L'`\Q(9L(-PIQWM'FKS,VR<\K#*';",\[1"]^ MNM0//>*0O<1H1,`V(#S%!QL.$HR+-4WQ,U%HWI31>;`U*Q6T:+U+C*O,W!.Y M4W5CAB6FGJ6P=NN`O/"-X5QXB%C3D&C[8HW',CG8(B)J1=J');T5;/F!I1H2' M55]$@;P4_SJB9]9$GN!M3&%6V)1(TP8,*4RW[6C3C'8ZVQPE_J;9"+8:"N6# M(\S"J]%9QS9P%7G<81#U$0#M&S)4QYXUFJ0I=3!!Q M#%GU1T0A>NB4Y`Y;H;@GP)K9RC37;0[[`1$@LX0$!W090W&+(IRA)Y]\>$SB MT:KOWE#5G,HHGA-'>WF*B`#II`-=7M^M$O980@IKJ)B++PJCX]*CS!UP06M2 MI6W?V![]K!#:J=5EQ$R&4T4:@>_!\_J":'4A-_O\\[M)VGOR_?'[FV5W-]%G M_)!=1OVO?O(#LP73E[\F83:]6W!#?KPBRSI"S'WB4\N[)$+(TL]A2KW*),'W M!.2?AG'PX^,__X'0S__J]59>@.Z(N2KH5^*RIX2G;Y,D(`P3)O^X9^*C#R/V M]']ZO;R#'6323D@7_XNS10>+MU(O2NWL.W[\J(6@TBD9DG M)<@VV?"(7O1&:'!"#<`JAB1.#24,Z5L2$X0>RP+:F/G4>0$:H%,..M=^F*#? M::0*P`/@`;\#T`&_`^"1'#S@=P`ZK]KO<%IK-ALH1B,_>0JC'OWC/7(O7(MV MRIJ%49_H[#WJS;[-,ZOD^S@K.U9;X?[3CC]R"-_H7$K/UZ.$5;,X9QOV\23U MHWYZY'@O][(?#4=JQ;A.8<-8FK>#2*(T).'/S@FU:HD?Q<XAEQU80'(`.1* M0/9LL=?Q`<@`Y!J8TS3%]N0J<@Q(!B170;*A6()/U[0I;_1:-=<]89_&`J$% MPCZW[&S^RO%ZKMBMD%B^WOOX)R26EX+00@Y![,7Y%M2)JO/D9@M``^@NL0*1 MXD0[P!O@+68V!^@&='<6W;;@*"C@&_#=)+X=<-\`[^["V[;KK8LB#M]U%"V3 M[O26O]"05($4D8*"U@)21+8IKGU2BLBF#CH9]8ZXE;)$"H(K M&`X83N6#558;TJN"X8#AR&4X]"!7"VH#@N&`XF3Z7YJ!\?PV'HTS2=Y"L6 M*SR0*O4FNIRW3^\F#VG8#WV:H/DR3>.`?7L9]?\=AU'V.VD^28ABMQ.HTK2I M:!*%^7>_J:I^AOHX"$?^,/UPUK/./KJ.SB"Y)ZML61JDX=W4=$,[PKMG=I3W M`GKW#.&\*VB96P`MTPSWOM-0>4(OKG_RTS!%?WQE.>\.Y0VF';%^EMWLUOB? MBY:?IE^Q3QO2#JX3_-<$1\'T\N\P7;99:9$NJ,JI.20^X^RCH>LNF6#LD=\. M[ANZ14&]+LKS.Z/S7_`S'B+M+3=! M4WBM"GKQ\;]#G/C$'4[9*]=E?1.-)UG*?M!R.NK2E>[IANX)TA4OE=1E%-+K MRK9<4;JZ(Y,+6GO!CS*4GQB_?2`SGV>6[SKG>:X:7;QJK%/-2*]7-9IIVGK= M'H^SIQ(Z)&BN;IKM$M`6!H7:MF7K;NT(JFCT#0^1-=NV;KJ>J-G,J@)^B^)] MPC=:X'&-FCVNZHDR%[F&PI-G*;6;BZ-JKW-">;(-U3VA-%5'=SOOVDZVH+I= MF^76OGJNH*V&9P&UCS=:)4OYQ7\@3HG6)OJ.ARS.]>7O,8Y2O"D_UO`RZL^: MS5KMD-N\\-/12!:EVM!T:YWNW>\11N]FH:HC].J.K3M-TDM<8@GYFH:AVTJ)KA;!"S[/)4"HZ&N.GPYZB&*HZ" M(C(P--,L10EZ][@`Q1*%W-,LC+2.)DS1O7TE&KFV;AKJ/PIWO$4UV$7"Y MCF[;GE1D%\&#Z[F.S5?:MX^/Z2`F`_`U*R6\;_2NQLZ?RT'P?CK&;*R=OY"] MK]#0ZJF.:W-E^NKZFB>K;/ZX@]4KPFHA#DU3WVOEE1C\YB=91%H/PC%'1JU] M.EU]7<%XJ&%*K-&]C!;7J&ORM5.RIJ7U7F-T%4?LKE9>9KD&W=(7W\=KKRTD M`C(TJ)NS"2EAO==^2\/:V)R;RLDO-S-FZFW#8+1/P^4'(TW5#8>OED5QO=>D MRW-MV'S=M6AOMM^DJWHSQR+"M-HE!/XN7=7SLR^R#MQ[62X^<#N5&8RCIUZ& MDQ&BY<17(VP]]2=T-Z''&<.(K>G[^&%^_HCS7ALEXI[00$E8A)W$;9_3UV6S MURUDO+`[0N>U%E M#?BH45:Q2A8GNO+'(4T2]@OV4TR&^F'XQ`)6:<'H^,IK+J/^K#?6V4I?`K>Z M]K"\GY9JPN##-H=Q@S=C9:.DO/5=-59Z9`3@+:;#<=2*:#@YFMHIC/"/IQ]Q MB[S%5'2CB;,)E=]NZH0\.&XZUF5&`@=4?IO.71`&MQ,'K9I=<%@XM73DX+X= M7?,D3,CLXN1C1,MG"UZ#%Z`G,:QO>OA361=B3X*TOC&RGZYU\8`?TRE8@NF]JZ

    T+?6([C#Y,V"7_$B4INVA#TC7C M;$6R+?UC;`IAO'ZS),(8_7['%/8UFCZ1,+J.#H.+D38-D@DGZ(Z=&/EB0[6_ M#,6I0;/!?*C@!D"KL8*]*8O1PMCW")'>4R4-QM=N/AS*?R^-;^4F- MZNE,(+V#\,E9+YA?=:R)GTE6F$J9>5$(6YVXB!=^=FAH4T!0[%`Z%0!`2CSI8XFQ#X4I-X!N$[IH%GI&(VDS+.HP$Y-:<>/RS(Q MZ9AJ$KL;;98I&#=BAAF[M)*I"U`JL,PFA4#?9C?)97I/Z\9\B_`P8WW!FJ2* M@JZ\E*H&I:+.BI)]:N'%X=><\JRS>2J(@XX-FIG8-DB/2E*9#GLTF@,@S#79 MQ)](\5^X^$PQNV:=LX8Y6HD!A1028%R2VO!#*ITY,W:IM2Q:O&(E3Q`MBQYQ M@9K2P?%-#PXA\8Q:3\9`J;"8BAI;,W*2W9U":X;%!_%+GS=\&SQW9E=/(RR7 MQ,K5S!')+/[TXY_^J;Z2)V4/@Z&%K,6(X4?N0[Y7M`MPH9X0X"P'LAS"D.#U M!%L[P,J@^B+>8_0Q>D2G?SI!]%N^GGN:2-`Z8K@:`54"T;G!JXYWHAITO/JD;_WDNXS_ MQ,G=FE+J_!YGT1WF#]]&!6Z6(,_4IQC7:^).QZ!>1](K:=\$?J%S8&\60N=F M5M?V18\?$5NRW=HRQGO+F&PV498?#IO\3CI. M?HFPV_VU-RQ'#+YD)[JZ/QPFR#@<'J$N7BDA-4UJRS M)9#7#16T/L0GPF=L1RQ-7>IZ>5E07ELVK M!R]D7^1%E/(+%K^#O)Z,<9-T5`HP3]4/]:HP33\C?._`NA$CGV_DH#UY4_^N M;[2?JA:P\,Q(&74OV]$Y?F#_#C(V-N>_+5GUS/(X2K8>LIKLY%1:&@<:.J8[ M7Q;[:%.EU9XR>*R&'&;H>>+!>#B3(_95FBZ$/^8I$?.7\+$U/9S7FGEH\#P+ M$H##F'8$$N30S M&L?MK(]RZ/1!=BD=F$+78NJ$/O=OO7/N0D&[%@X,V MA-,6@@O(XWX07JH'5-/COE*0>W0H%VAHQM4Q:LW,Y2XU%0O" MB9K5T8MK-3&]J.;2R`IEPA3)4YME->4,A,>UP">0']98!/'.1F]U]#Y[7ZQ) MEOP#@^V,T^D']M(M_8&XYZ9&X>P.T-1P"J_D6R,D5-??'3 M\+]#&GAPO$+D^?&XC2D?KK;W'B'R>O[\JZYVDY,:)C-Z<`RE#70P\NP)'+%Z M[*X@Z(2@]#C%\DQ%6K_S-/Y,*?DIVN*W9!LE9NO98$R81EVC3/AVT",J->F8 M>'S]G)ST6+.+,H'("J"OY>^A9Q!=D&_C7AV19NE@1UBS\K&CWV8^+YOF9G8P=3(A+(_8<@9%\A]H6%B=#*-R8Q\HD##A/M>A$7\.Y-V("J,I&!1ZQ M.FO\7M\9(9V@EQ:H>PQ!`5?N#52"QJTR[4I&B846AQM9`YIXEC<9,?W(/?0/ MRG:0+M$T/ZCI>)E-9:W))L997J[#.;_-BRQ:#F9A;63ZT%?+0+%!9<4+00P, M&G%&JV=Q0=*8[96)NY>'-AIREOFJ5@=^K45#H9D18D3,,VU0"1E5XD)^ZNV% M0-F+*%^_WY!ON9ZITJ)#@@J*PO%RH-P3'65V#%DH%CM( M."<2$S),KG]^/@DO6Q,^[#,&Z.JTCCKXA54B]49,:%]Z=LB0!'&OF;AY1,C6 MW5+6*2?$KOS.,?>6ADL["U7;-?/IDVAG6>[7HJ&#R.6V[_\E><*G/[6QO59D M&-`K1."B>*D13Z&[SIYAO*Y6HQUSLR%WHX*5B;F2$.-X/7#$P;M1PTHC=JFT M)$S76)N?M!>;*,^K#)TJ+I>5Z]-S6`Z*DWW-7H@H,6+$/J'L@O_*>%5N;PDJ MZI8VJH@ZJN\OX4M?1$@2L5Z?J+&*8`Y;:'G^@FB1Q?XC(;/O.$0 MK_,-4N+L)Y[ MG'$U*P4D8*%![":4"/VY"87("/Z&W/L)1Z)16![_6W@$WD`YGH_-X M?.G=@V&+&_D'A2X#!Z&MR;P>X@O>55$6PZH![1^B::;TDK,%%J2<`YPBK&*6(BZ"`3TF$3DX%8E9/PBN+9,Q1F M&_-U!:4=C<&Q,.ZHK<0I3NR'G+^$BV:AGS*,@P661[_?-S,>4S+/'LY*=3@D&7MJ>R@-?3$LEL[@)\V4 MML8#ZLS$2STY)W7F#UIG077S8X;.7E)P7E)O@:3;8R MV+EA;Q6HIW!"+'AVS7=6#3Z;YBG\&EL5Z)TLD/6:AFZGSWP;"9GC(9R/('5L M7:P"VEVY-J.(LF(:WMF'P.,M+=Y$U,YR[EMNCX!RQD%V.)0;!N_S4>ZU/>7> MI?$TA'L]&>%>/Q/.'C''0[C7`1'NCV$MEZBK-`W/_BA.+/)D4+6)L]*(VBH9 M*KI*4:WUF:_&@#L>OOXQJ.R6-E.ES3IY<#\39(-&97;:69KCG9@R8Z1-AD5- M%$^9#\\33N.2$:H)IK[3_QQE.`W.QYNCPS@?H(?'K!/[^UN243_.SK-ZBV\' MN7O)X]H?#AZ[`KVG$'[_F-B`$ND$E&!_GV?8O3ZYQ/$6N8$_5^GKW\\;3]_ MBY>8WR+Y^I27^2.*TI@7.Y.I^2-Z$>_Q0/)/_9P:OLMD;!:8GJ4@'B#^M;D,-X;`[38L2 MJ\\_H()(H,<%N;IIB8#A_@[G.3*/9(B+X-"T9\Z-WPUJ=$0!>] MZ=I53@IA&RA9\4%X]9M2:RB\D$5+\C)B1L#%2D.M'KE@$RE)Y`0L""4\4C2B M'/X&P=&PN`+X(89&\HNA=>7$Z(>\_EFFV<=V"HTM"T(,[G7ND6+NUY`T.0/.?B"*&9LS"=BLEVK&F* M2=PKW&XUB6*/(8;5A90J41$]0ME(I&M6!3<,MJ-))%3$".5$@>'8^"UA!\;H MDS+= MHKI;MH]ID:89$;W;;:H3O.NKO2_3%IJ/3NI!ON&4LZ$,+(#RQ(;DVKJ MF&M:M`NCN#D(A=_EM&27VJ^H-$H.XG^=FVYVN"%.C=HGII&"+ELM;,Y'X6_1 M3MP9#1[41&P]<.5:HPI^\5E?M9(VW<(+]G]B++L,4GOSK=DGQ9C M=C'TI^O]&:@^M`\#CL2"KQ*XK_561177/1E=?,$QQEL^G$R[FZ62NN"\CL0C M"EZ?_;!H%#=;H6O=J%3NL#?ZV2.XP_7X/<*<1P7>9!&K\H'1XP#9L)QGB]#Y6 M),@&/-90F#5IVZ^09-966T[FXL!F9J6:/00+4B-6Z._.M]8DR)OG,T^HZIM4 MQ0#]I*E41$F(0"9&JWK]$B5I_H'DN:RO%Q3H,J%3`(8"+94>L#_4;@#ZOM#B M$R[0'5N$R+"&$GY\T7;^K2"*5AN"7?*=A2AOE17`>Z!I;EP?^'9!!L?(*\O( M_'Q9!MK',ZU>_7O+@)5O;^2$P0U[&@30)6VHD2DXRO?9(S\^K;K,>/GW?9(-+CTW*-EP15'2F2Q2W;!LT9E1TT4M M7=X.GK?N`(_#N03)#WIXIL4X.M3=1OF@ M/-WTI,)_T%0PI(`5]#60#PGJDB!*6D($=;"P::#3&]0M`B6QU`'J_$DPT9&\ MX63XUL=#@\)2?(<7`?'\=-W'L(',1URLB3(4THB(&"`5@:2$Q(@Q1_Y2`( M.(=E;A`"B:=]OWY23G"=H+I\F1E"I=0VO5L:[>^3W.HCO, M:OD99SQT4W4;!F*BKD,I!LE7A2%O89;>IC%K=:H6U0.TRY(E_7\:I?`A!^M2 MVL/RUI`D)IM-E.6'LB&-3DS@)".U85,K>*W0(.6VUFH8].8N2!O_::,]#YWI MR$CN1K\`2&+)KLL4#_&C`BU9C_CB7TY.3__EY.SUGT_0OYS\_"^G)W_ZYU-^ M#/^?3T[_^<\G?_F7TXI[)Y2/^0XOB^0>;QY#XERWY95=IDWTINX-/45FGN.P M<5&7*L8Z7AP8!TIZ(,P9!/V:XZO5N[Q(MM2K]+.?XH?5"_*?,N+=B.&]J:9)/$++CL[KXIY[GI>[06^4N6F_I0 M7;4`K&I'8D-6!M(/>*B7RFV`FZMO(F:3ZAM^@PWEU&^7[\(Y-=4+PHE_9'7] M&*25MMN#KWU@7O(3*3YG-"+*'M_@%*^2)3O83AB%C)97^CNEO!>GIK#HWW/I MC=N[)YW.12W6["5&I>`)HJ*HDD4MX4""H/&(T_H?0Q"8.!F%*KTGT=8C,'?A MY"N<',7$7F(^%P'N'\8ZAV-S#.Y>``#5U#D<1H+-20'7:2(ZGJKBAK9&P0E(I5H^I]I23,.:M:L?! M7,DT7=C4G7-"4/@:M&IO'B\V49XG-,[BJ?^K5?F"@MN*752HHA*M"A\.3V/4 M^P#'S+ZU(S-1*W-:?&-@`']CQXZ!*_VA=5(\1KIXQ M@&]HV?Z\3H`.Q!ASVH#%`@(FT8E&G3X6,:I/8$[D@^0.>,/22L?P`>Q&>(U^ M_V3OF[*G=5>#=+P2T'7QIA#0\E383B:,_""Z0][(QFPL^T^W)&8M@8AF3K2MHJZHU0N:BD45;LE MJNT0Y"`P\YEFHV%%8)JZ2W9;36WVCZM%\.[@390GRY&^H"-KZ0@JV8F\`+42[)_KKH,YF_9A.6MV3R:7]>`.9O0EZ,XWI$8Y` MJ7%1/0V>[5H`Z?ENTJI&A)Q4;@R+VFPHU4>44G7%X"AY5*PCJI6&M.@6XY2MSXK8"JTB M2?=DGZ-]FN%HPY7SV9,=R1/V[7Z_-KT5FUS^7/55 M@IL*8)157\Y5F0-%W4Q#1T\@M9%Q&T"Y*.YB$1`NSQ*BH5?KOA$6"L7XMN`+ M7S&_$[(=-[%`*96&1U7@QLZM4L1GKPKR2A.?S1QG`?&$0*.UZ[/<]-8.#:)V MLU(9)/"#J88_$I^R(_CXF1W2Y@^3'8!1]B&JOZ91_2=2_!1JWBD)4E%,9=+LO:.Q8H$=,1Z[->;,Q MA1#+0Z]Q-9P-)F&GP\E@#&O0E+(AK$1T.(15VO`-2."$G<:2$Q2["3M6L#R3 MA(&O*1S"-79^\*9-VD$`#BIIIS`!%\X8FW."71!!B1](:=-P$)":*D"H#D\S MO1L:1)=)8*'7Y8MQ.LO3^'_36HPBJ9ERHWZC4G52WX;8N0@RD//W8$!KXB*L ML&/A/G1ZC5R+8>7FY-5$O9QI5;R1ZTQT<>K,^RG"8LF83G8RE@!VSN5JHE_3 M&&=OZ:CO/F*7';`L`K-UF0HOF+22J;Z?H8P#^8TL0(_F;8S*V&RN@X_J#ZM^ MJM7D>R:)XD:4+\;A>`MM2&\''#*R7;N,-1*OF6EA:PJD@H1Y5M:<,7K:7#$L MAV4P"T;]XE$2:/D!).`"T"LVX7Q!MKL,KW&:4X.7Z9)L,Y_'? M]F57]IYD;TE:G?)QZ+:HZ&8?X_@RY6JOJ!^B9=*[=P\[JAOG;_"*9/@F>NCQ M9-Y*5"TV5R4"Y33 MKXGY8)DM3%LVC[->U5#4U*U]LDEKH4K,ZHOG#A9F]@!D]D87]A[SU*?NCN;\ M&D?I%$$BN'FK'YX[I#$F+X4ZUE%I'KU@%7AY@OIU0(=*\(T2=368GVPE#>N: ML.5ZI96F,JBNS0FJ_#&MT+.3G!N@SUZR_3F.TDU";@F8]RW"\Y9GM;1YJ,`--7;_]PU^>RMM75.O@F$*`* M29>X@NCGR7>^-Q_=EM%?=RC>'V?GB+DY%!V,(\+]\+(3M5:C]Q=L,\C+N?=N M@.&<>(!:;R6MJ^IF,2U,'>*4BV]#18M6(L6!`([@P.2?;W!$4 MZ1RW>$!4P6[!B.Q@%]#J>*4>WPG-J57U@57W1;O"N8<381))M@\D*")!AMX\ M'JK,T3KMBZN501T_85JN_">M4WDWVF`'M@?5=4`.JMK%*0%6!#Q,AZ^;U%=! MF^+!>Q6K9[5:=@XCB]S-0O03?B\9WTY3NSSJ!+F)N<-V'\0@?@'9`5AK/ M"%[S@'@-$^U[J-14C&9C`%]T?F:S-0R/C\Z.@P?@V@#N%O=0LZE(34<7G_C= MG^S1,PNMP7-\+/0U\J`#'1R_IRUY3I:)9"^9N8!HE"`1@/(I0O5^>GZE*2/J M*S34O72[9)D8/[^ZN`QFBY8%%D0DUK>6@II"82'A5&:\`\]3%Z6TYX:^L^\= M?28=`P#Z`)WX89%[>=7L^RC)?HLV>_Q+1O*\K,XG0CN3%7UZ?A(YDG`#:T..BKK[$^04PGXDI/$%=; M,8CO1RXUHTHU.NCFUUT'XV+@"4!\8J_KL,!LU'X-NM*A*)&S],_[)(W291)MFK/^FOOKG[D["GO'Q%W`T*4!TB4U MF/&9E+Q?UQ[_;42JKVHFXN"/3`Q`SRQ9V)0Y$6,5"]Z;WS/`\&1Q2?4=S@J* ME.HBCM:FU57C'I*#XIGG>ZQ@0\8U:Y?$)M(U/\TM38!2DQI@K/FD(>NB1 M6F5/6HZTZI^>+@@E8:`/%+H%;Z96(.,R&YNN:#R3H/'I0D\2Q?B`WF2QQX/R4PA,1J(PX*FEO M&YZV5)B1=6!S*C1/$+<(+(+@V"B":!@>E+$<-86B8J`:L?E`6C?+=O=<,C\5-=PL^LB\_WMWW`) M2L)!Q@R=L%74FST_XALS/4O,[[_;\MJPO0_\))BH59^9TT:6T"-C@=%U#&;R M->%MK$V"=I`HV\Z<.\YI5%P61E5IU"[.#V?C`N@K%YFY!_2-2TE,Z@N8@`<% M:XU^2%)\28.>_K2#O:!I3],2],F_QLSD/4[?\F@V=A4MV)_\GN/\<-%Q:W:A MXD=>]2KE\8@1*ABJ?D0W:UK^4(9U2ON\/%8V+GLT=@SMCF2\?+=?RW-"+;"] M>M^28HUBLHW8+>J8'7*?TPZ/UJ&T1F@%J6?81NDC8J<-,.TLKB[K$+B/&`+: MU$\(H6;I*AH=QNZB9W4R+DW3GPU,PK#(O%_C;.-RH7=N0,`=V\DY(M`#H>1H`N]7JYQO%^@Z]6'Z/L=\Q'^0>3HKD+"XGZ4D(3"9>+WO3Z MH=VMN4GI56^&&A;7^^TVRAX/UQ`=(I4,_WV?9&4&Z!8W2:"XS!%E?"'KMM$> MCK.V@1`9U<:]N^#TPLU-<*9V_.,5YEI":O6T)ZOUM\KP M`P6YA5"B0E=$#T)'`%#)PLN1JH\*#(L29>2=<97K$;UE"C"1U4 MM1""&F55OXR8/L05!C,0"XERVB%=")QSFXP!J0+<'`U8=;PR[ZS+O.>>#0@^ M(=-L\B6DLGA[I+35HE*86-K2UCS+3$WCY#':)%&Q8K$HGPW.^6PP_;/R(A3& M48YV4=:ZF[KQ+&SBI3/A@E7C('>4NGJIA(8NLG!@97!0< M/D.5/UF9>&Z#H67D+>L'0?)1MF@(U*HO;R MCPN2%_RX@U_3#$>;Y!\X_H4==-#[C=U$B_/S-&[.2)!=S>3?4GVGDT]++G?R M^*L76"@S01VE%P#Y-KUH+)3[GJ+.L`Z&]!^]BWCVP?V+:\Y"[ ME-;G7;1<_Q>.LJM[G+'_YN^IJ[I99V1_M[[!Z6\X9[FJSSA+2-Q?B.W-0+UN MVX,!EV6SX-4!7Q7NJX;2I;E^#"[HOY?L/>\PRID)=!N5R\H/1A`NK;`T4FD& M86H'/5(#B%!+_%\L=;W/4%$:0P5.T7UICAVV3.V5U\3=95%:H)B&7'.O3/?' M*3(%BGOKCL%M-%U[3E^39;^O]/2S).EIL6[ MO^^3XO&5P!/QP45YN%FI"C%=/$G4:&,__7'FL<<89!&G)N]E;\R5--D86[O3 MP1HF]6IO$PC0+#7*)!`3T4,WD/,3IH.P+`/I'<.`&<+&\E7Z[U&ZC[+'O^B[ M'579?D$RCTZ894]`Y[(QH`7KL=]O=ACQB?(VS^V2)K]=1A@?YI4^$;X/$ M,:]<_CDC[,*.;AFV2H#EFMYM\#U.>Q#W;*7ZTMZL.!#;4YV@>R._U90Y$Y]6 M%^=YO5/W-J+6EQCE:XS+R?"3>@=OJ:K;-2ZI,I88P%Q9L4:K)%]&FRK#OD*X MW:E&O%)HRSP=93"NWBA'^S2FI&Z7G=?5^:8@F0SO7;_JR6#MCKV^3YA^!23. M\%R_&3P*C6IJ[:A2C[A^Q`V@MC1J3)3]?HX:(]URS`QB=E!IZ-E'`&'WJ3@) MP%"O,^WWGF35="&S>[7ZX\_5W//52CG'V'-%H#JK-@/2Z>!<06H`':)!5DKF M/N%L+#[M^:B&QDOE>H3^ZD22U2L8N".DY?[X,WO(#+"_=.L?9LY1P`*?>,)= MUPN"J*]]'F!=0V`J2-`#6AOO'*4!S6_`I'SFI`'"CH&406>8DKMU?\.=7R/> M\DNED:"&@:Q*X6>76K6<;BC8&`7(+3%=8)FEKHU*D-^OO([N,57/=WFQ%YTY M:O),4V_CRSXI?(\NF3U_@\O#VP3I>0+-/[6K-[W/\9U]8G:>?0,(;)^& M?3LSY\VU']XE1(\39M37KMWDOL9SS,?,//L$`,0^!:<0=+A'G9'W<*]EPUNX MQVT$Y7RII?##O4,EIW/!M4V`<(^J>H[W@!GJS;?W".';M?--^KY<>_,N(;J< M0..]5NTF=S:^XSUJYMDG`"#V*3B%D..]3TGJ/;W7MN$KWBMMA.1\68V"C_=: ME9S,!3.]-`'<,_#]AGL=@OIR[7T^>/;LS)PWSWYXEQ`]3ICA7KMVD_L: MS^$>,_/L$P`0^Q2<0LCAWO44&T:OI]@O>AW>=M'KH]@M>CW'9M%KP+VB.>Q6 MT>\W[+N>9,/8@!6>??RUU]UBUV'N*+T.>T/I]2S[2:\GVDYZ_01WDT[L&Z8* M`"=R#D&'@,F#]P#P8,);^,=,!.6!DX?P0[^FCM/YX,HD0-B7/#P'?;#<].;6 MNUSP[=.3!W\>O7Z3`%U-H*'>H7)3.QG?85[R\.P+G,%Z_,X@Y.#NQG]V[\9_ M;N\FM,S>S1'D]6ZFS^K=@.7TBN>,'C0W?3GTFTFS>3<>A^LW(6;R;D+.X]W, MD,6[F22'=_/D,G@3^H*I@KL)G$'0P1TUYGVQ7L>(MP"O-!*4WV55"C_(:]5R M.@_<&`4(]-9)%C\'>K`L]>;>^YSP[=^9/7\>_O`V03J>0$.^=O6F=SF^PSYF MY]DW@,#V:3@'P`#P&M-FC_]C'V4%SH27\BA*5%]36,+E@N&A/NB@1VY">L>O M1&+QEFPC&C1LRUL[\N0N358)#05R+H#^7DJP$*(54A.#\G,,BZOE%H`(S?WR=97JC"=WF!ZDU$!1S`.E0'[?BD M%F1@E0A((_<5*Q]FX*YH36+R_;OH'9:MH2O3`@X,$!J\^(/``O:Q MC2[Q6;:M[A:LBW5"QNIR"W:MSR+UTR-O M#T4^1X_L)YX+X__W&^Y>8/'G/W7OK+C:,6UY/^J?TF8]BIC&IDL8.44-P40D=+XLV>:@`??@VMRG*28 MJIJ@TQY35GIV%W4FO/#PV;7,XEID,TQ/TK4`CJ_?\^.DE1E@>8DZ!2PJX9+S M&>H#3P)+34B3/A()>1JX/*@[S#RPHDV)42/T$D3#PDV&2*8''B`PR6"Y;DMH ML'1PB8'`\L&C&U^6$;9N?<>C;WE98MBZY0&[KANV MSE[5<\D+5&\A*N"`RZ$ZZ&Y+:D$&2HF`M-,J]RX$V6'?!3(5N[G;QZK.EZMWG-G7#XK M/7@/=1-:M-DWZ6K1]UXFM_K-LJ,2I,I.>YT`:E"N]:L"#RP).WA6K9S1E&^, MY'LO,[R)"CSWJM$I.6BS\PD.Y"-V0;D9M]H2!?&>X3NU#AU5-!'PM+<\<23U=3^2R(?.H7!'D5LWE&L?[#;Y: M`=<]OTS+RK--IN2&ZS5U$QIVF>J=K)K@J^NFKKETSG?:BBS.MV1? M3O!J0](=R=C.)NHY6KU%%%!>;09ZDCF!WYL@GJP.S2SQQ&]]-)X)9I7Q]7*501:T0@>[;Q[KQ'#.7%EIOSQ?Y"NKPMR;\[X3'R9;0/?$G1AD%-Q: M2O-+%J7LZ)05M07U4JGZ`X/ M%LVANU(,14R.KZKA45..&/5YWI"=S,;D>,FYHRECO)`13=JCO4ZT8:N9#=_` MA.G@32TY09)UIT8H?(IHD_4RH'!S7!YM8@)T:;.I02?8G75=80][Y>F0.ZJ> M'_@X](@O:&BVIJ4R'!?K_.53Q*9LG2\H-H/=OWKZ\\_3;V#5&?6R@U5N-)A- M%;(JAKV'55/K:795*"OQO(MUC@T=6I9[V=%APB&?.SID]OULZ5"_[5$XM@"W MLNJJ.[]+\[N9E5K^+K:>A)MG/&HZ+"FE'JZJ>X6YIU=5Z?EJ/.N#2=0\AE#C74600/R-7/)@`B%S"V MZ8=4U9J*"D1][<$`ZQH" M4T%B2=#:>.?HJ3!KXT3*9TX:(.P82.D6,(-5`S*@!JV4=W**4ZI.Y.0Q.N^, M9P[/P^:I)+P/DZ?0J4^9K6;]]15EV?ODOAR@=%Y#E!4%4-=.F#JI5M>5J"9VY#2-A"8)S`XTR0 MG'#0W,E;.-=P9BK"Y8T!*N*3A$VV&8!ZSTR3PBA>KXPLNO!\9&558^$#8"!NL'C)E7[#"QT*G99?IO#:YZ3L"SE:JEO%EQ<'V> MZ@0]$/!;39F?]&EU<;/&=5)CC`=MSTEV7>C,8P7?7"*3`;?K8#T9K/VNU_<) MTT&`#$\\UV\&UW#J%%G)_4)8H=7QNPG)L.AX_03@01(W.-LJ-V'*"]2GSPL* MN)PV/5`'?OJ\S(+TL&FQP.(+WM$7H9;*`]:!LJMH,/ M.ZF>/@AL'\+8-I<=5&_9Z(X'U0MU@AY4+[5@U_AGA\:7>X:3QJ.$,DTZ%AVR M,^TMT3'5RL,_>UAY:*O39.6AN4Y?*R=,:S#IRD/+2HU:.&%E8\3*PS\_F96' MUL`W63TQ!G<6BR=,U1LMGK"K:PA,];_RT+8VWCEJM/+0CI3/G(1=>3@;*3VN M/+2IQF0K#VTKY9V<1BL/[<@93$@=-D_'K#R;RM[&6?-_!-*Y>T`-R_U5UNGG)P?+B/&OL:X MS-"?\-]WM3K!S1DIU5C>_]:_98,?]Y>C;13SKK`^'3"O]C;+;^2H!(MU5*!U MQ)=G<5_`WO`8+HUSY*S-%4WNY!AQ,],XHU8W,KF\5[@.:;K+X-SJ.),KLKK\ MK3%3'KB7H\90MQPSA9BM]F48STX$&-!/S8NXI40\5PXR43)!56?R)FQ9>.,2 MM.D2-@YX]@K`^'QJ7F'J.\=-:\KJ=_.-^!Q?]DSX&%@V)D+QO%6%@AY*=NLX MB:MMFW0IG8+U\.Z?GTGNC,'C)WFH M0[B+?9;1,8/O:4*!&1]#N8Z94)QJJU)!#^F&]9S$M_;-N@_M,KR-DK2UJHFJ M6Y96RH$>6^7T/-)SY:\/YR_ABD?_W[+HI0\8O%&@;BF\T9^@@G,X)'^CP,K0 M4YL9G,E73#$BG-A9!#0R[-4LV-&AH)YS.`WK4>(?GQT`&":?C@,`'#6>+XM] MM#E/X\:V1_QE76LE0R[0V:-^SARPA M4U(6T3HPJ_S4Q>4FRGG2IV3SS(D3=>L2P\;HTDA8O*:#0I@$&[?O$*Y=*>M M5&91/D+ELV!B#F6K$<.OW-N3*BC>;#&5JP+;,;I MU^8$N)@-K?(/28HO"[P=7.KKST*]-]6'!9<-K?#U`;_WPEL5I1MH/5EEX:ANECRAZP/RT*#;/5M9AYAW!'ME))J%#;^LQO+%FO[*O]PC/U(KJ.=O!HKM(>A'OE=0DWBFM7S[]S/5@[^%6^QB?'U"G2 M$*LH3Q^..MZS7"8DREHON3.]?0SC?@)?]`!WHP-,^O*@W!"\]VS5/RR.!Q8^ M=>HU(;O]A4WC-1_4(` M/AR*?HT?V$Z_?.S[NO4QIK7A_GE_1L7%VLX[2:JG. M+^SFG?PR+8^B_4_,Y@MQ?'Z/L^@.\X=OHP)_SI(!/8*J4^T-PJB3B\,)X0W` M0931W[YYK>J&(K*J&C=E<576J;-MA;1MKDDS_?TKWB? ML14117FK)]]W1T?'K)XL=Y96,?<+JFZ?)L7+:KUF&1NA%WQ/WD-$1V+X!.UH M^8)LZVM[2@E>\J3W&XO4,9OE9*JRJPY$>[ M7%6E,J0_066M4*M:Z.K@[*_JJ];*NK%5)F7M3E!=/U15L"R"6!41K^.S@P[7 M0!,OM4SJ%<*WD^?_;"H7603J9>!>1FGLZMV M8K+9L)OOFN7R,U^[$\3'"]9[2K:H!E&_X+PGY.975K^/48ROTK=XR1?`GKUF MNZX_\G_WG*]AZ7J#JJZTRY93M6[H%(J9.>GF4`/IQ3OI43K-*C%T=GK M$[XY?N8QNRD@B'6K]39;J@6;[9,F^OVB#F;KLID=![RQ[<5\`H(5$R(+?2U+ MS[U7&!QALOV\8!"#W(ZFNJGNGSU<&FVKT^32:'.=OBZ]-*T!=+Z-Y+N[J&P%3_ET;;UL8[1UN71I?* MT'MVW$>+E%>YVD!P(MN[X"^-GIV38RZ-GHV4@&''!4ECII::2G.R M2=AT9WQ-NSE<#E]7[^M-FJPDK^N;QW?LW(K'ML0-?BC>4*N_][R`+_55*\&K M=_!VT)6!#E$\U4_F";V86]Q$M_M-E-4;?_<9K@_*7=;VV+\:<1JIU!99P?/P#G_3//1B#Q>F@/.H6FK=YDNR1:#CI`L5)J.BHQ4^G2-!A68?/1C7J?1 M/M#4A.LH)^%VCG1@8X-W4\=GB3=+7V>@W=B_&="\8YV=>"$+ZUU4#,[8LE$!'ONU*'.LT%W=`XDOG&GAA#8TT+[L$^=PCR$$'*I4$%VZ&01E)X#DO9]Q" M4"?3<'&H,Q6H*?+ M9)-4*\S9Y3NT/I]P41;[0/+\O"BRY';/[\&Y(9]H>9(6M%&IQ;O+E#*$OE]> MK5WOD75:HU7+3674Y5;R2:H('5Y/6FOIA>7356)1_<'.GJ`!^[*\EKI>7%%$ M#\U%O"]N<8I7[#PW=LAGC%>8%HW5)7L3ONU1 M>#V0@=&TU9W?W]$A5V.LGBZGYA"SA[H&46,149-UX1"BWD>5T]80;ADY;Y_G]%#L1+/[;OCR)MW%8K5@K8PZ+G0NV MWJ\HTYIS79]LSI=IF_+ M4^UZ7LI4M:48L/`N)$^08>S!V<> M95F@@HQIMRZO];(U)TVM>`<@R(C`W)0;]&@D?BC8@E]M61&G*[Q@?Z)[]G?7 M3[<9%**?'K:\BBS"]C'@22.GY$A/NU=P^?/)`S/C8:7PQ:L&;R&Z80=4V;C? M$;`"=+N'#/WGC(X`DUVT.=^R2;4;\@9?T0$!'?[=D$-%/I$"]R-J)QW5%QJI MPX%>HRQ"NW272L@H.5YG>[YF5\NBB`O7&V$3QN&_[Q,V/V7]:$3Y; MQ9_C-.$7_LR_>M\-G`0(*UT_,$I=[1XL9Y&.&6ZAYMUBIS?8^S6R+/73M5`IP99UIF*&@15L9Y7II( M\L'ST`1R7R@/#+CFMWO\[_L4G_U\=BJ\/\&D:+W/4UG49:N.0C'XODV]+>G> M&YWHX@U)8W:E%N5@]#N%!*4FR5@X1^[9;AM^XQ8=[Q*V:+A/8IKRL;1][A%&?1 MYB5:TC\3BL2Y@TXC[!([C/7V_2BDFOT]6LT>J0&S==/`R%A2L*V8)4Q++TD+ M(58*L6*!7.@`B2/9_DD`(#GNA]1HAPR73&R-!10-?O[TX[_\^4__5'W3*JIY M>DB2;44$0!)@J/$Q>DBV^VT9XERMWM*^Z#RMKI=B$<\EOV_XUY1V3M=KO%E] MP7<)NQ&]W3U7*(5057TK-U4.+',Q#!WJ`-1%1E)GU?Q*ZVVII1ZWE),A!0\[ MRJNKJT%^=6?UGJGCX1#7B=I*9XY$0*!+8"'4=1LN6FNWXEZS&9D%$BE!5,(7 MIVBD]7$,H89D>N;2`#3AD#Z*J^MJ,NEXLJ72Q#A\80E9%>=>FLFP?' ME<.):CT\D=?W/4FE3.IWYKZ,%02Z!!A!7<_CI+:Y@].];G-R"^:*6(A:>&,5 MNUX6A%+/C-+&QV%0RBU"=C8/%R*#5,4;LB05/+$F4'`:Q`./D^D@\X6K, M'BN-RE;?2U/6P2\H-4/'J2;&9,36RR[H#_1G?OY.][!@\:)T%.\S?@X$+5M> MP#QS>&F&"&+9<%W**<5J2AGH]@DYD/#-R,IHL)VV[_(6P^LI84D2&,&`R2VP MT:J'"UR,3(V&U-GW!2E)2``#*XA&S4\^51MVV2]/,K75`3%M0[*M%() MRDHM#&/U&C4>WUONFL(C+YAJ!0O#-EW(;TITQ,A$>G*PZ^^=QM%P? MHO]J'G[NW9"JIB1FG[ZW)450NMEQ(M7D`1DP&PT5RFTQP;8)1IGH/(7CQ8!L M^]X($,">'5)\P3'>[AC3/V?)$I_GA^U.5ZO>AJ?^`&^D^.%\$4MQMT,AK(QY M.(-DC'W%\1'VZKBOY6?4U:%'UJA@&X>H$XYX"-(Z>[B_%W'N,>!8R!%W&`S. MI+#2U#JE8D0-)D8^U`$IHPQ#8KX\1&4,T+\_G,L/7YD,Z(Z#S!$6`0>;(ZU# MPOUL--S#VD0^!_QEP]$)X0][O&=QF>9%QJ.2CU'!=B<_?N9SO((P3E>T%;+) MBSI25Z;81RBFL:7BI%*4AUCE3#KZML;EKF\>:B6-&#L***^N$(RKQ>:K_6;S MR+=Q)W,/=8W@0.R:;4@IF52;/FK-'M$&%O[HC(S%61W6',J(OSY"YE M.>P+^F/"3P>_8`>#LZ/">3!![K)H*S[]Q5%-?3+,:#4N!QJ,-`I^HHQ;/:3G M(+BH79RCECPZ*$`'#:BM@D;X7`>/0"[(=A>ECRB*R8[)T,=7RX*PE3:GKT\0 M`^/<)[^XXI;`8:AW/,-(C20`\ MD9V(,R-1`"=%>#7>L&5TS&OB-.?=Q'F642ABUFV\>3P4^5P>NW7^+DD> M?YJW5^/_0F6+\Q4-\JC9@Y;'/BZF1R] M(/7!?`P_?$$!WP7S$D7[8DVRY!_4V;/M3+WM2WP/!/TN+!-:WS''S^SCM_OD M3%%$WS@N;S=FVZ`B?AD4__OE"?^%G^%,*T56?T6G+WM;,/3UVV0XBA^;DP=V M]-WQ`\Z627D!#.&I1%J36D$I^.J6+PR.6$ODO9?YOWFUSE[JC;-M(]E]_]/0 M&O!/SZ\'I378%WE!-;(_2WLG_()0=DDI*[_95/>',JM4T0HG]84U].OM=IMD MR8`10JPYAXLE\[LM09<]84TZ7?WD7^#(>AJX&'R&BH?4Q]0Q?^4HVX91RS([ ML[5=KK*.N/D3=-B94E8!G7BS][]GFS$>C[=7J.)XS.4&.X MI/E:AE3_>HXA69"*+]B0ZF;=91>E4.S3R2]B/(U2UK= MX<_LL`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`ZJ://454"7K3CZ@*CDGP0)[%Y!,6(#O="2> M_?2'Q3N_;CWO;L#)<./3RV%O^0XCX5EJFE+UQ:2R4BXW^HEU0@?Z:C/2:_P44HMW M[2,IENVI`WZ.1.G+:@WLX+'7<]\XJFED8MPBO5O\Q`+-_7TJ?7Z0`W.GJ%K_ M",RP>T3;>*AVTH=QW)8[.F3WAHZ&!Z`;A'/PWM)/WK)'@0P.PLW=3)9Z\9DY M>3(Y#G]![109!OB(,J#Q?8##\^E&U]X&Q\_$M<+=<3'7;=$#;%W@%B[`UVL: M_IX]\W8/80F^!:B41VDK6]SDX.R!`O4YV1)[ MTR#9XW'Q4GL`&.X>!M\!;*O\235!\]3!:76L.P0Z`9:^FAFR"O'N<79+-*M3 MSD`H8[_Q'N0YW\UC?6R^<>M*4JMY;6LJ!5A*= MT/&*VHR,-2JIQ546)VF4/:*X>E@N>?I[+5.N>D(Q7FXB-JE^^\@#CUL293&_ M$3G):!1#LKRZDR].\A(*Y3"H/0$_=%??$%BW`]M`:P+=+?BH MG(S?\+;XD+BZ3YEV*`DOBHKH@78GO#!Z4>777I:[;[+2>+)*ELT.G.A0A^JJ MCF6[%I76F7L@/U0AGA':]6>@9FHOZ*'N(7$=I#_V4JO)6$[[_NJF[ZQ6VFRE M,R#NB=(M/+-Z!!:/D=9NN0_PZIAE2/Y2\CK%=\R,+$/BI7*3T?NLIG<.Q^]G M5H]`XC&R>I@GFI75KT>P^D8UP^VEAI-1^_4/B\L#-W<9N4]R&G0_LW,$HHZ1 MG:_ATA#OHR7^+=KL,5G]+YR1"\(N:[S>WQ*>@Z35>XNI[^=W'_:(/D*R^M96 MD@YNR,(.]/#?WK3,>=AJHD/W)$=X4QYME.$=NP^3!0$L1;RBRM`]T\8&Z.P7 MII-V__R*SKRE%<6-6A33XF_QLDR2O3X-XIKU,>@C3K#H.@H+);4;L+8['?1! M1L,C;`*!GHYDF02J1$I0ET*H+84.8M\+>B5C2__P=1L76AJ#G!_'M!L60LY1_%@//E[Z,DXY8_XBBG^EG__)])L?XU);?LQFJVJ.PR MW>V+G.T639?))N'1!?UKG['596_8K.\YC2"+7Z(D_4#R_!,I+OD5WVS7Z;LH M8]KS$N^(W&*\IL:CW:H*0Y?0O5\U7LV&1VS3MB8[," M;99H: M'+JD*=_X2-PET(ADV@J'X"CY6"C)RK'0"6I91-^H2=2VB4JCJ&OU!#5V$3=\ M@KCI$_0+=[P?N..E%4!U#9C7JNOP[+4FH\;WX[9=$1 M\`TI:*#V!4<;'M2Q@_]^3;/Z3Z:!QEE9Z84P]4/4]51S(:_0^?MK^L<]S@M^ MP.JS*YH,[=^/*P+,"-QD$3L]ZIK5(BD2G/]"[G&6LMI?W6Z2.U['O'FYMTF^ MI(,>^GX]'^>LIVH]!ST.WGFT5>A1M6M%9`[43:]R/F='LGJUY7#HRP:TY6.> M*XS9,7LK%AJ6$T#5KH%R\(J^K3%?"9+OE^MZY2>U6UFK!LDHQW38&A48+:-R MB$L],7]`?Z;%J(Z$W6T1-Z_P(SJ/XX05C3:;QQ-JL?4RV^B1;4_8YV4$29F9 M8GY.>QFIEA-637T/2MF"EK_OD^H\05Z,D"(E1;<0=0[\63/ZSVG3<\OYCXB? MTB*NQRVIC/<^)^V)#NIKRSD[OS#?WVZ3G$W!,\7T#1-JI]U6=TV+H^@.I\M' M^FWS?9G6+>A7K9$Q\YC?W9$00$YW^Y31*NM.PK%.R-+2<8(.PUITT/-,&.F`<%[&N`W9G$Q#S@8Z5\0+<\X:YKQJL84< MY)YI(1V'4NK@ M4&"J`#WD`*V5S-,`&EE\Z8X_\OVVW!_66.`G?-CO_9[D+4-@LD@H35L=?QS^)2M'>_0M5&'#OI: MT$&-QB!#\-"9*0G.0Z6F6]@.5P^[>10V9R"+X&'KY)^@S1S(V%[UF8]&P#H. M/GH9+YC627BBCZN:P9C`5@V(?[(SZB_N'U4/O1,:H;85%EA%!:&XFY%H'#B8 M\10[C4,?,J9&,Y$$.*0>5P$?]#@=S8]`3E,*@2C:6'AZID#%N_:6X58* MN=;"!U_.GOD"")%P^`(8CW[IG1EUM3I89GND/^![O#F](?R_KWOL&R=^9KBXO]#11:E^8K=`X>S MA%0'I&RXV.G,.>>1$">NP.LZ&SL]M8L98WU2EH$$JN/,PO'KE$W(#`_>:R6% M.)Q+%IRRMJD(\7T!6Q)V3H5LP$-#JZEGVB]O27I=D.7OXAR-MEQWQ:>HG/OB MC:%63RLVI88T:R\DGE46JV8N^;J^N>]_ MT#<_L6@IX?*)H4AO>81,IR]<0:Z3DUL8A:C6.K>R`"I+!#+2@4&+>A':2+B` M+"(3J_:P2$QN:!1L#HN\T*L:./G3`XYZF=9(X``.4S^1(EGBSWQX<$.^X!CC M;6=^Y_T^C?NG+M@)-1=PFPDYW:IL8@*ZG[:R*K]YV5C)XFWTR-<2I5RF'MN5 M@T!<;GA@8T7>D6=<4WNV=?:+O*VP0\:V;/\>9Q/YP[7.YM8F@2O0G>`VYMR! MRF\,;R-4"$>6'%DQD:<-2^G]XGYPZ19:F-N!C#/LK+KC\\P.G_SFIIBZWIE/ M__:-5$G$X@NI\#M./R31;;+A:]=;X9/Q1E-K\6ZVP4+P=+=:T1T";0\.7&:F(ZV$S(>Q8=_HM>9ONLQTKS0[)PBFFGYN- M'B-V1#2[G8%G@_,U;?A7!UHIB,D^:VH2V+=;>[1%W5R0<%!MKZHV5+6LPL?>%S.!9&X;T MNZU\7TONI)/\"W(M_1Q`5^<-)T$Z2);1RB+.[`LX$VZ(A=9D!&%7'Y,N:FGQC?$1KT M-`%.;\!,=E0;NVMSR[6$D."1-RT)M+NG3[-H[G;.NJG>,_Q>".:J MZ.GJ.G/_PZZ5KBWQB8GKKO,Z0:4YQ)S5^]I9'?R%M?T_O*P;,5V3UV`609/-7)TZZEB7,*/JT^ MIQ*>0"JA'L[G4^4/HF'N(NA4@F_'*KN/R7?BP)-!Z55.@:0)/-;+SWV"TR0% MO)H5WD7XM!(`Q^\E3*\Z/!HW`7Q-8HAC>L^5G,%9=$[F"F<4?_ST-KVR\6CH M/>]UC^>W.8VO>#,>"_T5 M?:TU!7/^_GB0CK\\2H@6YQNC:JT.UT3U*C;I^B.@=45`ZX5F60<4ROH>3^MV MGI-H3SB)YK(>YRFOL(&:KX)?$>,ZO33;"I;95Z;X6G$"LI(DR-Q0"%1Q6TC5@\8BLN6 M!6C%(3.S&F/>)_+-[!LG4TW4/8\:GL"HH7,4Z'`>/K1Y;U.7(,ME6]!4DZ/6 M:)(FGXUJ,+%G\C-I;&@8TB=)IGD[QQ8&&9[/`733R5:/2`>>'C6PZ.%>(&O[ MD(@/^G#.2>%L.KGH$I@,OTW8=!"&!C)(\?F./8E*5.IP81+!E@075LM;37%O=0=&>'-TP*MWF`&/.,K,S$. M8*>#N]([H4E>/`W0:.=1QZ'&+410Z[9;!$6*:",+!?1VQF&'=>_,;O]\X8/+ M>1K@D73>KN`9=LAPX'EM!1[5"CJ]G7'@>?U].)[7?K#S>I(S;:TRI,YZ].?/ M>LR9CK8ZX5FQ3EE4-[W/Z=0GD$ZU/=>U<^WODUN%83GJ!W$0QJ>2F:4!'.LT ME[OT?:BI6VK74;'V`%)!NO<^J'1O&)2Q/_QS`LYX.Z@3.#<\]OA-MQ2QHV*^ M)..BW>D\\V#,B983\&"BPQ_<#G5P.ZQARD,89CY<`?;0A.0G069H>_ M(L-N\9P#1`?XB$WOL`CWMTE]CD48 M;DN>1ZEKEF"$L]IY>AB/V-P-"V/`B/EBTSY'7G@[JJI(]07$11RH)E(('<4J M;,@X(Q6I;TDL8QD>J$4TQGJ@L5.ZYY<*LM43:QH/SAW6*%N3F'W]+NY%I6MP MRS5Y``=(/*%2;@L+&AF4CUI7!(5Q@Z8+"B2]^!@8N/7',JUPV2V5!5LPG-5@ M>/64P"#I"\>``;!7^T1?EJ0%?7%:\NXR98<0Y,5;O,QPE./W]*WIO]DI!9LD MYMW#U>IJML3X33`*@4!GF%@<"5,`L9/Q+2;$4 MWT4%CF5!(U!U/#+M[)EIGI@F"8?#89KW(/LR/=3FHEN7PY\X?H]QC#/C8'NT M5F70/4(KN)NRKL,T0?C8:MEYK7%66D%YDAH&Y0,WMFSI1RMN(-SH?#S\E:[- M"7LF'L[:@-K3C:QO&)SU&,6/KL\$;%5%];7"DJ(7?8JVE:)2:[!!1T@,M0KW M0Z"HC_!_5$7@,L?`E9J`J*I!P3-1O1#5:K00`E$!1P]?J%Z\96M&Q?43ST5; M2E7?U5C*P0L9VH".WNW,RMR(C9:^EZCC;+;V,BI0E&&TC=*8P2#9/**L48WV M.^HN(K3$61'1>)WABRV5Q/=LN2%9+O=91A7.'(#;(HR,;OXNZ0T5U*2VLC<- MK$$"7$M[`("F`>JA-))T@:%,U?I'IR1X]`=/P,/?/V'6K9$M_D#RG/YKLV=1HC6N24K49=`U\(0>);(WK8T9K55M;CA1]"T8LQ=1E9)P3J/#=71 M'%.SPUE"XA.4XCHY1*V@(GI@ZW&3VE)GCT!4%%ERNR\X^:NU\9)$TMR9H3$( M)6[(Z<6E%EJ:X-/:\H0$@4G)C#`*10V67*%8+V70"R;UDH_6*J1+>K/O!\BR M5,@$2'9,:EA:@UQH/L8V%*+/2D27KOO[P:DL$S`!3@'']-?+-8[W&WRU.E^R MY=#G:?PY(W_#2]IG\RV@;Z(-Y[@XC';*`=!-]/`%+W%R MS\SG/W(WN[C*^J!HMHRQ[9+FJ,F[/ M3]A)*L*#7%@F^(3'`]P2C\/KDU@VC_5(X'`:2D>Z.I&D/NLDVN2D2A#C\@R9 M7CU0O,=\6R]51E),`_XHDU<+O:">C!4C.TRKP]0L'Y<;6MUDA38DODKO2W+ M<],/C.-7?`J6(6^SYXZ5;VQ*\MV^F'UCLC4AR7BR=-VDJ8;:#]I9G,@/@(P- M;`U">``:W?/BJ"S?REY7:6TJ@EHR3Q^EDL#;)TS=0F<;2W!+[&RM0H#UK`8K M[W2>/A0E@:5/*`*&AN?+9;;'<16%TG"5U^-#$MTF&][?]K!L7+X^75Q?WN6$ M3YUVZ/#/U*#TR$XC^<5%'5J5)]@I0QX6W=QNDKNHC%9HB+;/V`EW?&09/3+0 MG+!I?[:@C$_M$YZP;:U%8\?;[2E<'OD6$7:D-)6(^%%UE2Z>Y$V+K,HKM>R= M\)/\EO2K[3>\-O=LA4M"^R1FGPU7RW.ND_2>)$L*]W5TCYN$\"W&+-9BX&96 M:.%DL^%/;UDLE\:86N\%HNS0O2H.K=^/O=-M1GZGKO"DLZ2A*<#/X,,KS-^& M192;PR<_88<2)NQ>C0U?P'MXNY/N(+SYFI+%>Y)%$2Q`I^:CLNGKH7PU>.>> MLE69N8_O-J8W&<'`WI&J.M'FZ%0S&[[]",PQVJ:6G#P(.Q:["SO@=(]I<.F@CZG17D[DAZ`AQA&WYA4Z6JA:7[;V^U4G.11,TWN)EM,_+"4)T MN\^3%.?\TN?;)"TC'!X2EML,*(WC?=:L!>7+1F>_T7`$](@;)/K72)EK.5PL M96MY0N0#W95H;Q0*\ZB>D?QA/%W?UCJ:QB[PDPF:QUT#8'W%[IB:. MO\361[)7I*R'E-1]B1FPRZ9KY"`2@K9]$_R,O,70BM3\J>*6(X MB5DXWIC'<6^/J`L$!_:X:`X,V5XC.H&]R6(ZB6TX?-.XKCDV\,CC.G!0CXOM MP$`-&-_]\C;)R\VR),L_;);"`SK4A:IO("OD0#^Q2NCX2VE%QB>%$(^G4G99 M5B>@:>\W8;]FF&]79LO(R'87I7-'/)I&)J9-TJ6$N'P-?94V+[@!B3S4ZNT1 M0R.)7WZ,6T]/T(%M@:J['Y%*BLX(C2X,:4:.M+P1-NNNK!$J$`>CRCL M38-73P-&I3T`I,J'B!<-0(-.\D/CTW@P"`50Z.&?U)#/<9_2*`!,>QE\B?-\ MZM@T'M-!8=-KEKZV:IN@U\AIPQF_:7F)E>E"&M=DO$J/35C3R[X$&]A89UX, M6MB4G\;I%J7-J?#K.<1Q3HG#G,!SX#[P:AWL0`#65\`S<:I;8Q8$MM*P M)_#4M@^L6@<_$%B%WB]^LX[2&[S=D2S*'ME!65?I^7V4;-A6A_%53R55&+5DL-4A35TGQ3 M3T[E4=XH"&"7WSBT$9#V%^S\LU+6V0,XIAI0Q/],^;&FCN9J];]P1BX(VPM_ MO;\E67K#Z9C:"#@0W-P-&;'N3,D+;:EK4`FSP\P\J M@I9\9.VE^]PQ? M1=M."U_`J/*"+59DLY`T8,UOR. ME(Q:.DF^=$*S^/2P;J):AEH=!;1LZV;0V;6TSYP@,X$'L6K'+J<40C6)M'K] M80\D.#&P,1)U-/RX4&'GJ4!'$DZX8PUL7[QFWM91HM(/]K!A5BV:)='BG%:B89Z/:)11!/;&1E-`JI M-WZKQM)3@I+$)\-@R6T@IU5O-G;[2PFFE)\$&'G:=T>%>>@D1_+U?%:Q@= M&Y-TSM3*&CO#8[7*/2W!+:"PA;!TTF\$FG1S@(8JY7."5G6:BUN>%F18UL`+ MJ^0+-BX;VAB0YIDS%HL\IB0-]"(0"].00:%S1;R0IUPV\LR24:@(B25>0]F/ MAP,WM=?F:N/9,GG*0(>4PU_Q&O'PK46"@#TT8Y7S[02(B=,7D''Q[;V M_0;)8VKCCU\T7'ZF$@16PJ028!#]/DJRW]CM`5>KMX0O[)&NUC8I6GTO=5$' M-Z!2#!V\&MB2,5@KR@//%2U57=W`+H\J"[:62P=WLJX1`HA=2W49II*J^:/7 M[!%@(.&9B9&QT**AU7L-KIX.B"0A#P2*W,(5G7:X);@FEL9BZ>Q[PI*DSX?` M$F!__047^RR]6EV4=]%8;+8:(5E]"2M)!])8V('NZ^U-RSAEJXE'`GP;9)*N M-N1;N4PBXUKXV:W5I4.ZO54SAP9CT$6W99IQ6MN69HPS*0AS;4>@D\1:I)X M!19K;K&)D0GPB,38JA/PSKY;X$E""UC@`881'Z,TNN.7#[_'?90*GU7OU7OF MP(..)NAN7Z1/.([J,L MX3%VYXKE:O_;(3PX_?F?ZH/?H[N[C+,7[3+\BBT)W&5DE11Y?<4TN^XYX2?" M?\Q^1+^PS[=)V*W2[/KHDE^XC.FC)5_W$^7HXMT5VNVS?!]1>U22%8VV[.;I M&+W;[C;DD;_9.35=OF-.T(:4LFO^EE%*WYE&L.Q%655_>?.A6KQX3XHZ8LGW MMWE!321TA+&-_D8R=H0]+U'K* M6ZO+;4\![;96P%JPGU$-/OE^QJ&<:$.C3+M7YH!ON9:;&<^9WJ9KQ$HA6JP\ M&:[:%?2T0&6P\]H%57![K\7ZK6;M[W%V2^2C1S-KX]'5VWY=>F+F&=L^ZVFA MRV`/M@NZ($].7:WR-];]"6__4I2HSSX5E7`YW'2H#SH(D9N0'E(JD5C< MT-=A?700]Y:J&HL8?=W>T:##PLW9GS(]\"T/R6I!>E9E6*!L'R2HIV( MR9?MG1\Y*-N<$RG1`M[D,*?M2E7;-38[/;=]DDL8KFALF\O.O+5L=,JW:_JS)]7TLO-B+9L>,#;^G"4DNR$7[8L+Q#V1MF#=(RD*N@!6JA:\ MA])9DB)8+1A8CZ5O3V+SY7N(ELHTR-9H]085F)Y-:V(<2%A/QPJPK]0I$HKC M`T*-K`]TA(UCGZC4#=@W:NV,`\^9##S!=)M`Z)%UHX[H@3Q6G0X=A=WH\$%] M:'KK@^UO+UB]HXV@`S;-S4"['6O+,H1;*EI\VG/(4,?5K(HJ/=CA&`<4Q6Q)4K4\ M:-E2AU9)&J5+MK(HIZ_&5V*$M\-\!.J("QZZO#374?/6UNID@`=QUO8F8:!. MG?U!`-42J"V"WAZ06PI^'\"5]"B^D>LVC+&S!3>LL;<+@]^S#GX[7AA7XM\' M6B7#(M]H!1PVU>;:-ZDJXR9S@>J;F`@X<$^O'CH^,K8H(YNA`J-X*,-;TEG< M=WPQD06BR)@V[W)3+UMSTM2*=_""Q#KFIMQ@2V.;)J#IE@PMI/&%.TD(`PT\ MMY#%S`9X'HZZDA^MIOX/Z% M;#;O2?8MRDP"=D%I1:#>*0W,LY;N*0+SH3D;4O6E6X'X;W4@7I^??IA-$O:\Q,45V.^.*D6+95'4_"-RFEC`S<:CS9@%P%/05X).O2<;0FJN#K0 M[Q?=W@)Q@1T'7$L#[Z^L(*I*SKPR!AY=%@'V.'C!!]0]`_!90HTQ!Y"=?9\@ MLPB-QX$,,$%8]VEUE\:M/PK7=IH4K=Y87=2!("K%T+&%@2T9-[2BB_/Z8*F8 M'42RW)!\GV'>Y>?)-ME$F2K:>/';Y;N7,_?\1F@@=JW6Y8M*JB:+7K-'L(%T M]29&QL*,=O(2%#T&LO85$D62OAT"1FZ]NDX[7)=N8FDLF&AG3MW.$\2-I+N& MP`U@1_UK&JU6R29A78:BD]85J]Y17LP!YS*ET!VSQHX,X$HQ?D)T&FUQ/>K> MMTK7,V_5H\,EKNP].'MLV)>?MT.2"3J/&OUN@)2B#=KL[`&!#1[K;] M.*R>%@(DDA[6!25N/:M*,UROJK,R!BMG/:P\'9!(NE,7D(#>\WY/^VF^)N(R M'=A,!A==&96=+J[5:(?N:DT-RF^?-9%?M(JQXY@[?>^N=4;$">V" MJU.;RL,^#V?0"1+GP67+S<%$1K1WEV]:T<,-LD8V?*,6Z*IR0TM.>#T=`';8 M[<^^!M(/UJ37@D."S?5R;P,3<,&!L3DGR)VI?21^PI"37I\-"3D/&?4K@U2Z ML$POA]XK`Y"'ZFCTE347&=&EGH8R-GGRJW:"_"J8!+FXC8EADXAS4IWB_624 M0)'2SG=?A37\=D.#)K5M!P>89/9`+7P66VC"&A0L;WT56MYZ M'`PTF6H[&/@:5+?/]/N0I/C-X_ERR:[62=*[C[A8D_C\-B^R:%FHAMKV6D0# M/Z(HD8%VG(=Z&NM96:BNH)1 M%.&.1(8B[C77*(R&K2LT#T<\#=;L*^&!*,.!7><\6,J1@S3Z^,P1"3)"X0A@ MIWI#BFCS6X+/\QP7_;2T^&'U%?H/'5C;507688G5RN@E*KW@/R*V(B'B/\]+ M!4E[$.U7[`*W6[#&HU`<[+HSO,)9AN.+*,L2'-4-6_2PK>]HXI875Z0[&6=4V5"]+VVY?M$MV1/?1$/1^_)YKZ\ M3O1;4JR5AOYO_K0W8#;[?*[.N)WIC^G!)FE%UORT]+RI)ME#W2 MJJ>8?LN$_;N:UY55()C9W3$N8!`,CV2D+!*V4#>,@ZWK,H=/`DZEC+`.[HTZ M:93VR+!W>G[+9WUE"A#7$,SP<`X^:-,G4Q("*G5B:1;RBDFG2H`30YTV.4&] MR]U8?S?8"1',;/D<]-!F3J:DQQ13$9W;[L[3N+]T/[>=E;!6J)N@L%#H(P]K M;-[_M(5U5:P3LY86`)Q-^%E;>T#K$KCC(&68RS56KDWKVE9S=O;YZ===:^27 MA,,>OSVC^-=G3BF!$C:G`/O_C]3[LJ+)YO$+CC'>,J.?:,N1M*"M2,7OFBKT M^#E&M/JN=J(._L/&$'2>;H1MF4NP5K7X+=KL>4(N[90ZI("*=52@B';"VX-N ME#7*T7[',EMHB;,B8EFWJ,`LZ83OV+M;D,>#^FN:F?@'UB>[V^T,L7C*_(MI<^I MS>:7]HOD^]L\B1-*$\RV.60\_]8L5J4_U9:JI!\_+R+'FPTSEV1EK7)T&Y7Q M.*O#15D'?C@1(;^C^_(;LBT1]/$C6F8XRC&ZQ4)G05(4#_&*)2;H('Z1S'[)5YCYA3`E!B6A-=3@!AP MJNX:IPG)/A'J?][N\;_OTS[NY06J]Q85<.#84!UTMRNU(&.-1("&S\O-/JXO M!6`='G/P;+3*V%']R7>V\_/JV.3T(RM==ANJ;77L";=WF"1:)W=KUBTO-U&R M16R2C)UD5RYKJ/0D>;['&8ODEZP;HK_>1NGOV7Y7+!]9=[-):$=7);A?<,7; MJ-AGY0K_)*7_C3:4Y3&KW*I@DN>JQF M]'BT$?,IZ[_M!XIF[B`53"`FV.WZB6'9VAO(M("3"J1[DJNVHQ/M:BKLE,"G MCQ![=IQM+ND<;!O=+3G+X\3"Y*<@2T60'/Z=!2";Z('G'^.'EFP<9[&]?H@^O.':K0FVKUO M+=EDZ2TDG1*"QG;@U]W8FI9G^.PT+2[JV"+:LM4UVN"B/)"'=\KY?EO_\GM* MA]3E,;IYD6S+E2U<8TWK2LDLNQ7KTY"ZE?3RK M/BJB!T1N-\E==3XO#RRJ&()^R?V&_GZ/ZRJSA2Q<8[V8CXEO#B^J?BWEHM-2.GZJ,2]X:8YVP M5&V95)9K!54<"J,%A M,BD]A29-S;(FU9_A-Y`L*:)H(<<$2$N37=J#24G3'CVM)NUTQMOIU9$TE"QC MH6BH*58=E=Q7G4X"*[0I*(ZQX6N\XV3+&T:L3 M]8L.GP)F;%<(&F'&[:I&I6JKRQG'G052FQF%F-=55_44L"&Y/]$-&\T=B>TO M]('^B_Y8_T3_[S;*,?WE_P=02P,$%`````@`)S!E1RK$(L6X90``1E\'`!0` M'`!G8FPM,C`Q-3`Y,S!?<')E+GAM;%54"0`#^C8[5OHV.U9U>`L``00E#@`` M!#D!``#MO5EW([GQ)_I^S[G?H6[/Z^VNKBXO__:Q9X[6LCPJ42.IV^-Y\4F1 M()GN9$+.127ZTP^0&W/!$D`B"8#*EVX5,Q!`!'Z!)1`(_/E_O.VB#Z\H24,< M_^6[3S_\^-T'%"_Q*HPW?_DN3[\/TF48?O<__OO_^__\^?_[_OLO*$9)D*'5 MA^?]AZO++VWOQPX>S*/I0E$H_ M)"A%R2M:_?#]][1R4LMO?Z+_>0Y2]($T.D[_]):&?_ENFV4O?_KX\=NW;S]\ M^_P#3C8??_KQQT\?__?7V\?E%NV"[\,XS4AMZ+L/A/Y/:?'C+5X&62%QJ_C; MAP^E_A(T_D#__\O##;?TSQ\IQ<<89;?!,XI( ME47Q;/^"_O)=&NY>(E3_MDW0FLTG2I*&#=7.SU0[G_Y`M?/?#IP_CFG>AD+Q M"6=!9*:=!;]A6P?5C&_TG2G5BII\9U++9(A`1]!RJYKQC;Y'28A75_%J^H;W MJS+5^,?'_#E%_\Y1G%V]DO^DER@+ MPBB5MW?S''U/)[,??_[\8]$8+B>M=GW!>/4MC**S>'6S(NS"=1@\1^@F)J/Y M)B1_G:4I&M-T2/6?ZK>F4UJK_ M*DABNF8B-O>X#1*DWQ8N)ZUVW9!UWPX]!6]H!+I83#1;\XK2;$<-ZB:^)^,2 M67FFV_`E7:S7Z18GZ#J/5RD!\:]!4@,8D45C=D4@G84HI65NPC&2F&V`12W8 M5L(X'5P'8?)K$.4C#&7(8F1OW,2/:)DGA8@M'5U$09J2`16MSM*S5U(351%'5])L1"$_5)(.:^AJDQ'[(PIUNBL^2A$S)J.A*VFO?@I=1 M(_.X"@U*V>B0*K30-OE_J>'%^BR*+LEJ])5LT$G9OZ)H95IFW>H-:N`!+2O; M+!T1Z2+/2-W+9;[+([JT761;E%S@W4N"MBA.25O*F?4,+T,RQN+R7Z8U8[I9 MDXRRY-<7TC0R^:P>T":D^$6KPV?:NB`.QRUB#+?`Y%AZ^(LLB>]P]@^4W>?) M;7R?MR6$MAG8\3W2V-;/AJ5EI[W>TV](N;&2WH]T2'B,[ MZVIM,8S5/&XMK=W^`0>#UF]`J2QV>O8<;N)B'HPS,O_AO#BFN,=1N*2[FNK_ M.L8-XVO$IV7`F:79$C(%[L(2Y03*%[B0$L6:.A-RF]++-IU[S=@L8V1^&3&S M:,XIAF83`_/(>&_9.#>9K1G,QMPU=M8:,U\9G:F,S5%3S$ZF9R7M.2`F`R#9 M*%S0O5(4KN@&\C$C_RT0M%A?!.GV.L+?J).0_+)%&6D`X,2(,3]HUC2Q7+_$ M0;X*R==)96K5,HT\Y1S15#-Y;XGK.XJ,1Q!K*DF:X!I*6;ATC]=S\+J/+ON1 MQ9UL;!GZWH[7O0J5'U_Z8PL\E8Q'$,N,))=XF5.&9+U7K._V-_$:)[O"<:RS M*Q"R:[?PA<8&DOT4_7)+?NC4A=XR1,1O]$:;JBE#465=:827G7HB&D*($XE0 MY(=_BNHX>TZS)%@VNZB(-O`OWZD4(9^IA+`B']5EJE17Q.:D:/G#!K]^7*'P M(Y'S=_0/*O#OOO_Q4Q7Y^-_(3__L^*IZLC&_54+TOHUL[3I(GXMPHCS]?A,$ M+[3)O_^(HBRM?RDZJ]7VZN=_-L92G*`NUL6.^>PM3'NR2.DJN01TUF1L-^42 M[X(P[@G')ZBD8A'8$P?O=C@NFG3V%>V>4=(7ATM0B\,@Z(K3'GC.DJYH0;*L M^9$_.Z/.,#BWHOCX4DR:WR^W8=0,6.L$[X3*QP!9VBW]TX%2ARE"&)(BSNV#'7+5Q2#J"]$GL(EK< M`1@D%P/93+84YFQVMF=5-1Q<$&&3(+HANZBW_XGV3"!P:#I(&-!X`06Q9.I8 M&/`S/,5.!H:+/*'ZO`[391#]`P7)5;RZ)(-X?UDE(:L75UPRQU$!E$\%&'R6 M%39^!X7=^@*$:"1_0 M"T[HB3/=)>1L3(A)NPL/#JD7"`')J;$,X;"M\/)[/_!2H/R"3)4;G+`7IDR* M#CIZ%%Z`0B25.A9ZW"H(_,$/"-SGSU&XO(YPT#\TX7[O='_GNQ>=SY=(O>L[ MO*J._Z,?'5^Z*PN_41&W1^^FT!07-%4)>\8`%.C.&\("7F!%06:-.43(O$+3 M?[F.IOJ@]+#]NB:_]!<=$JK>H>N`RG&PP*1300B78P6+G_V"19D/0PX,!AT3 M&ATZK\#!EU`?'AV>M3_,>>]H+<,384;:O"I0&@7])07S6Z6:WC?'^U@DB4HG]_C4O>R\[[(&9Y.QB>'4%M+T#+M' MXWCO0R33,?4>OQH-IIR2+IR$`Q0,.@H7\?$W_D(I9!'SU,Q2((1SH]<#1T.' MKG_^.-`DZ:_?I@E'58[D4Q30_"%HOW MN9)G^-F:(,5=TZ]!')1)7:X12C_U%S8"DGI]PR2Q-M)PU8]!TG0'ESZS8F7# M9&(CB(,=3TYC2\+GG`I`VT;&Q2(M2VE'_94,B+A>TDB(G>QR)0GEG2]CIS]# MOZ+D&9N*5],?$RJABCOU:5HD^:'R]7`CH:K4R:5R$BDPF>00X?*Q';XQ?L:[ M>EM&.?7GUC>WB9R7X6M(5B6KOB=,J4QO;I24<1(^.O+*P03DJA_DD0T25UO0 MJVPEB*6KJJXF.?S:"CWPT9^Y'1FR%R\TZS[!QM7;"]T>\!:F4KI*EP(Z:S(2 M'>.$8/X!%8GFJI;U!!035=+QB*R!7]XM&"A:UPBX?*D9\/A9-`;F:K:SSNYU M-_-;I8K>-[<[5R2(0I_VV-B.)-8W]DJX"IM/N+WH7B2/*'D-ES0?:;SZ)28R M?J.Y4N(-77?U3_I',ZHC`$8P]DRSKGX2$12`430U;ZH="^;)F@ZWWP MWDG`T-_%1B-4*3A-],TSK"%%W[3:%%Y`@RN2.BC:K/1G:;YQ'1$3=SC&7;$J MQ'-VUF#Z2KD`>FNR/R4!]3,5B>_+K/<]8?D$E70L`FO&`.\:#!"M:Q52WM0^ M6#QMW_@=<[([<#^6DO.6LO`"S7FOO(`?:%(670-=D#J\/Y-J\L0RO7Z@]P,?JH)K(`90A<9FVBB&)E[M05=YT-6=+^"""JH!*@'KT]^0JVX3P'LP M`&-__5Z'?>4U473YO$-.!*U6.#A.S]$:)ZB5-/]K&..D"`5M5D==+F6RY:\H MV^+6RTS]G8Z%FCM!CT>JV663L=<%8.,[:A.G&"2/;LM$!]7X=(YBM`[9@<%< MJHZ-,*CI&N7MYE;(U5!WRI MJ5Z1?B()@QD\#2%5A$(1PCQ"CQ%DC$GXX,3XU'\'C'/R(R.KXX>X9,X(>!ZD MX5(B78>&(UI%8^^"IJQ',$RNWC5-#MP+0"'!S!,PR?GWX:&2>6&']'X69+\'#VBI)@@^YR MFFY_L1ZD4>),0KK%*_VK%W=>4:S)3*NLHHIL3W[:2,#C]-,U8=564-M6K-W? MR94C:#4CR'+7:986PYA?^I2`#-319%#FUW_2BX"1DQ-X<:!>C_748F.?,RH? MEZEO@39K2[2,R/_ZRW65(EG[R2-9$9?!IR$T&'`PWB/2F[&BK]S*-R-\`-/Z MZWQU/ISR,GZ_H9RUM&;I.KY(M?1\S*)F\[K=`S]^4:R!1E.4"NCUSG35M*]MFB\$GLO,DX,:7RDCND. MAA-)U;JF:5P:?ST#/(W\$B;=QPYUBW\O'R>'^K130`:DS-&A/M^S8I@=*L MFT>W;5/!DS?3W6KUAE4R[@9QVXSB;GBS>T+[)^9^R8(ZG M/895F(VSU<"]?ORM_BU-V]@6V#I\7H"/\7XB$R[ZE&.OV1M*_IQVW1==ND59 MN`RB^>C+Z:,OTSZ)Z5ULTWO7O!WVIE?UZ.%RDB::/&=T:YB]#N,@7H9!1"E# M6J-3,05-\^YQ6K1./II*BPR'4$$1:^-FT[S.HTQ]<5DO-O4_VA?A(@J(G:V+ MZ)VSM[`?!"&EZPLVI+.W6FXUY1+OR)C27R1S">JU,8/`_WL88BP?BC%@2.,LXOH\"_4Q>!DV'QOJ&SQ8"9WC.*IK'JP4\/%WU&F$ MNNV_XME?(0P(^DN#%H'=E_YX[\*P/[9?]W/A!9B+(-W2O1;Y'\V.\QI$=+MP MEET$2;(G>Z-?@RCO+TJ5RM2S!:R,-8/F]!;6D[9KW%W>Q6`(X^FOH7\-DM]0 MX4`_[+E[*!*1-,_-L$@PW"B(ISC9/'H"U5F87K\.\R M'G$P?.J6KT=8]?(.`FNL%F2HT^!OXZD89E;;5@:WF_@^2+(8)>DV?!GF&Y30 M-9G/N'0.(@,JE0P!`C[ZR2T=B05\0$M$)E<"[R+]WWF"?R/"72("]*1X3#1" M`74`+Y)-$(?_*=,*]M`SBD?S`*<6#P=19T(;,D1JUJ%_0FI]JEPN<4[L[R#X M'1I,AR*:>LICTS@((X@TTJF+S'. MU.K'7A<:S5]HP^\[]$]BBU6UB_S<4@9_-0HM.5RCRDMZ!4-]G>A#4*E.[V]X M7@0O(5T*H"!%B^_OL^%7NY<([U']6GI+ M&Y6CFRB%WOQ@GDWH%:Y3]RH6]@J)HS2C#U#5:KWW;#>!K#N.\?B7;N MT0FA7N&:9E^B&(0'J19M0`96B7@%QA%;T(:A6J;].][/E,LE5YW^U M0H?3&5`AK["II0E]5$*K&_&*TQ3/[^;/A?.R'^O8^[F.<&Q^]@H)'>^_K` M<,1+1R[D$'A$<8@3,G,+S4(VE_\P@%7IA%0://4/T$PO-!IM>HR1W_+ MX\'E+2[!L)<;`E\[FRVAD3YO6'O^'@D9T8@$8?'B]R5Z'EQMY'P^S`N]SWY! M12S=J'FBQWA$!GHG<,)WN/.=Q_XZS*=PB#,=WAH>;R?6#T]H]X*3(-F7(7QR36L;RI3-*VV.)VL7RX,P/2J9UC&1!=Y M*.C;XQL4+X<#,H"R=5V62^D5F.$RCSAQ$M51PTO#?6_;W324VF#^_VF8-Q@<*`I%+U`_&$P3TL;OY> MR[PX/*[$O-C+^3Q\N,H/+$CD40'"D)7'5S-790*H(+H/PM5-7(5WM$3LGW>` M"]1G'8`"CF-'6685-$&8^QM;\X"R((S1JGY8^&RYS'=Y5#IHUN$R[,^T\`+- MA3IY`Z'S M*4%!FB=[[D*+3U![S!@$CB-)*I,*6%C,-(),N@FWGUSP+0WEEFX[I=M-Y[$A ME4D%&RQF(P(^W+A6-HGGAJEYX/4TDPUB]]H)77/[&L8X*93$?`6"][F.71Q\ M/D$@2G0P-?R&U?N[?S>CG4F!7+\U&S2PYD1T3.& MFU6/JA[NVF1JX\?B",F!=],]@[.B]$9">3@5U9#3N'W@Q&@BSBFAF0H!DFT" MSGJ:.\-NY6L>:E\Q47.+P0GD!8>\KX&YBI6\\<)EW5'H4R>5T_MZD\6YEZ_F M!UKF!UJ&@LT/M,P/M,P/M$S<__,#+?,#+?,#+?,#+<=<*`QV0_T5`F^[Y-0# M+2>4?I!Y!?4Z6*+B=!RO_P]*\`7.7W#G]..E]_<&`W^PZO/]P'R2(I9J9586SW*'G8E"7XA MA\XPY?(5,Z5F>;7%"GZ06`HY'S`3:D-@K@$EDU0?6 MD+'^'M`)0+4N!0"',842PYL]W@Y@ZE)KWO^1#ET>7MEHB2<9L@"40U!Y-UC! MI=0$$7>8\O`^QD"LFS3-Y<#I4O%`4U/Y!ABF=*/`4G/T]U[$0*1%GJ59$--= ME`PM#%(>9#JDON&&+^MN34WA.$SD4FG?KJFY M&7XQZT2#=$_J]@1_?^.XI_:=!=/Z:)*^Q#0:=J:[=<0YU/X'.6FGF.``T8K3??D#&A5A%0$D8>WOD5$_QQ0316(B3C8O?W`#$D\1 M,#R>_IX/`3(_L8<@U7+P'%W^0$Q7":K#%+P:_?,G)^(I.LYO)NX$%*PC!'^P M)!=,$35,AOZ>+I67+IF88'UJGE5O?W(?!0)1%+N_R\G:HVMF.K\G)/,*H9"F M?M^73>,^+B#"*0*$PU+_03?]$8)Y?T+ZM"5G4:M4JEGE`DNYCQ0]!2BO@X&5 M&'X0SJT3'(`;$WR8P^;EKW_KQ"ZKS6G='#F>/DIJ-M;AM>'T:AHF_8*2$-/S MO"2SO1[K9VR\1$NZVT#7I`?IW+![H0H9/"&N5HJ3@9-;RE'$ZDD-@228LX97 MO)N=V3;>V,9$#+"1]S&(T&)=;GIJ\V0.NB98"4_MH*PO0HT:1Q"F%AML MV*+L\())LV8';=!TBM:`5"KJ*OKTY0=!38F]_M&%(PDV1"_KG+T&840WCM1[3,DS)2>O6O/"U>6^6\F62:;=6!YM@Z"NZ)]`8!OKFJ#5\,.FJ(RI+F MY@K7X;+0%9U9``?=%WE"N_N^\(5P+&(*ULU!@4G6CEK&A/J#6(?9ZC7.LQQ\ MF>JBE)X(>[5>HV6VB/NA2$383_T84J5"=6`IL)"CV-62&8)**&/#)UZ.K$_( M9(3"35S:V'+_E`1Q&BR+WHY7Q;^BLN_'K%;&5P)8NXRIQ%','T6G8]@^)VW^Z%6%>AK0?T[SQ,PXQL$Y+7<(G*U0]90>%-7'!A MO7!ZK.J:&PA35^]>D/),DP'R92TR[X9O+Y\MB5TFU%;I MM&:5<11T&G("\$9C&T-+94C.[?6(@Y'NOWSISG6S8#6+$2[ MZ3PY68:[7<5LBW`K$GC8?>\\EPLT591.,A=9GJ=WFLW%N5?IWG5J%[TC/E.G MNZ:.D+'$U/*TAQZ1E1OXZ(',UKF;(?S.*N.X-`*>/96_I=(A M!66T.?<)IGA;G>]_(9UT$R_(II?T>[PY6V8$B474%UL%^@P.`:K*#"P^W(/) MC$#743TU##\T#_()R]35D%ZYS46!76.J45^D&,H9QU2S?Y3?R**D%[6E8J4ZD-6,;:(#`I MSKHCR!0MI&,,L&4:PX];Z_M+1)J]#$LP[:A[_#]!%=A$]CT)HG\3;?9C M?M1*U2%`T%(GBW<]O1T'\>"V^9NGM-@5G?>C0_H+="%1O33G$)TL4WQ-^7I9=78QHU4^8\J;])@\`51-X.NA/ID(:NFIV,-LI(V^9N-M1;M(%21 M`0$0=*91L@=N4,F3![JZ_HX+>E#[_'V%D']+X$L0QE1[O\0)"B+&XZ(GM'O!29#L:8L7,?]HF!4+H,6@ M'02@R.!DT3Y:F\?!O$XS;=P*9T+^.@B3(E9VL;[$<7'XQ`,WA+0>KH6D)PM8 M!0T=:3@6-D@_D;`3*:?Y]O4E(0I[J*:9>N(9^O?T&=3G`1H,3A;\H[5Y')/0 M::;&C7&W_-^-:Y,3]L7Y?'@1I/?Y=$$LUL21(#IHA+_7JZD=I503B*R(KMZH MT'F8;LMXCTOTW!^3P?15CP#H3Q:LJKHZ#GH!K9KH/K@W<2-'"%4P$8$R33/] M/5BK\X/6J1;;@A*X9[S(%.5RA[@):#F'=/*4!/02&G<;J5""JP=&"6M#@7KO M8ATE=`T:7&D5Y2&OS&*,!],QT0I`N8GO@R2+R9YS&[ZD[5RF])7Z7X,DI.OY MYF43KA6:8MC`L[PA-NM&<2M2RF;<'4!I45S,]:-6$4; M??L;VXHRK%U0NS,7CB[#]-!*>J8E0!>(MLF5)*0]$82I:&0*C$GJG^;JCOO3 MK^&Y8-3L/+XM^FMJ1^+#AQH[3_!O1&<;1#8>*'RE@LM7DJ)"W,4DNY!O@-90 MA=$E);L^C6@UMSRG0T'/EDMZ>3(]R"F%);\(%Y2L(KY#4JH&HX!DU:81=S;Q M)J??ZB9D[M!L,O2W8HM*T:604^3#Q2&8C^_@U%.84<2"FV#Q`8_)/&DTB**G M+;D;35"([T-C%O(=O@!5&,4JN[YI`KJ\\>OK.GI-..L5ZO;W"H%`R%NR-PHC MT051O<)R7SRSL$,JN@_VQ6K\"9=K]$L41&2+*=6.I!Q7,=QR+HZQHIYG6C1, M*^"QEE$_VYJY]?K[`C5SS9[DK7LC**W$AFRQQ"5%.RU>R9,`+%0SYB$KJ/D$ M'597NY<([Q%Z0$42I9:6I."5%^6B5U3T).`+UHUY_(JJMK&&`KH0O@;QBA8. MHSU]8QKMJ,FQT[_*H:G#C`M6-68G`=\1^C,/:+7&6'263;R^4!F;^45D*XK3 M&XNENIAL#<$:>TU=GCP%]X)\`SNQCX'9`'^O>9L,?>P'VT_`>H+\5-Y:R83Z M=2VH=LQ0F.$LB&S/T'`5TE"I,,[);]5''/<-RPPSY>2+;&:>&H]1'9HPE[$- MTG^3G&\@=G+R\O.H*O4;:'D@JE:M5P:+`0_]E!QIR\"M$:E@`0S$HY&0@;U4 ML,&^?KZN?'\)G#Y!HV2=3%:EI&MC,P0'>(QV0`.QH!5%.EJ5VKU/&$F4LT1H M503,4N'.XM77(*/R[1=K.)['<3DD2M;CXBO.C6C-".9U6V+CCAO3._R`2'-C M.HL7#XGO%!69*:_-_-@I M`BW`J`Y-&,78!ND[*T]AIPC?BQC9*0JK\_>&.$?:ZS`.XN6(G2*`@7@T$C)P M8I7]-8PQ75@5>8^KAX`$RVD1.6/=S"9W;>B%=#-6U@-H3):7'I^#&4NOD+9B-:,(%RW)=X_?D?$K61? MK!]1'.*$D9=)3-3L_-A$GH(3)+,)[/$J\C=0_^`MA,SK(.*!I_>TYG05'9@< M[W@5^AN[T?':`1+S@^E9_EC'DO";6UBJ)]8?O[)T*%D^TYMZWRP+_@]*\`7. M7W#\F#^3]H5%L:_`5-&!R2F95Z%&TGBW=AJD;TMWK0CU4ZA2M4],J%74>E2,TH89* MM8H\OUS"%O:,S!E)LB?30_$P$@B3G#)",`[*>(I"L>PFX#>H0=_1\E(@F30C MR2;/U%=(2!1,5GPICL)5H8,>G!1+<6\4>Y5-( M:N_L#L=+TIS#?9)XU?C_;TB#N1CF#M\JV90[&\7S@>JZ`14-:H MVN$$OATS5#M>D!>%#:FN'#1,,:#"CQY,#J?LPPB=V^;N#J:U"JB\YWD:QBBE M$:S/-)8:.J`">0@'52D/O_!L0E'&!U=I]?YFZ06'NVGN(16CW."U&-HJ'-6[ M\AANXG`=+H,XJU[L(W+=DY%R2;/76,O_.V@*QX\@)ZQS\PH([1V\B)3_1#KR M/!KZ"M0*U>XC8"%K1@_H2*PI>]?>^145GE1@!?JFSGI`Y:@6?WCP^"9N):JR M=\32O+],;UV3X96>MF;[0].X[XFI%FS6WO""%D^>6L]25\W\&B2_H8PF0Q@T M.%Y=H"0+PO@I"59A_>;<99@N(YSF">(-)E-7,U2YX6I<>*8>"K_^R^?3Z;O_ M$`2TJ8,'T8TVT>-!\SH(DS+@P]:`T+3@H%K>R`@AK8`B)K4V^K&:Q1O"0+0" M<5T83$`]AM5D[8X!HAJHU4LX>VRZG?'L/DBR&"7I-GQ)%^MUNL4)NL[C%1W' M?@V2D`YQ]1;[BBS^-)=&'$^C9D,`*Z"1#%G3M"9#"JK&PT> M`YTH\7!A73(6%-B,!KF+$AAK0J+8JI>.(Z(*52GL'P^7KVB>/MCF)99(G;H-AJD).@3=)!1ZMLG01`K:R]M`B0=O(&';W" M*AIR8=#1@P$>J9[NH*/4AB*Q@F+=W@XZC_ESBOZ=$VY7KU1:>SN=7D.X&1W$ M9$T*!QZ9Q0P6W29Q]S0R.HZ(+MBZM'CQ_L189CG'/U\ M'#'/@S1,%^M>V_;E?WD6K%:H$A]:R/'H9RW95:*?H168G)$M`.\7FD/]*LW" M79`-W@IA?ZR4V?_H.&"$LJ@`H\_(YR="O[5$37!,_ER6F40@PX]N\2:AO&IQ MQQ$V4A\J&%2O2O^.L>6-`_N*QA-UFH@XI-JH4F@$T3U.0ZJTYOX9UW4_#??:X6^:NV=6-:UVQUB7\9;I M)\9Q9`\@TP;M<=H9Y_I1K-G: M@T2&3HE?@S"B(E'Y`HC[4:%$?6X,*>$90M6U,`:5H-KTWR^R?9S&%Z]ZB1?G MZ2]Q@H(H_`\1B4P(+9VS!X#J,"B%]10%N\6L0/%)P)67L4433"46T2WH/= ME1'>SJ=$FE*7:BF4#+?$WU>S>N+S!/XEQL\I2E[+FV`O>?9`D\0OB9H*A4OS M?9GEWA^-3'%WWH"FU:=F%C)3;3$4J.97PC+M9<*T;)8EWW M2OOY,N#J0)W%8!&@PL*%G8N!G&4&]#=%RC*]9ED+M58;"\[WA]C,KRC;8C'$ M1_.16;Z^8]OIS`I\TUV*P)+*E\9.6/4NA180BT*Q/*]6)&Z?JU8#JB9 M)Q.BQ=T[2CD!5 MOW'41[A_L8?.ZM,30H/DE7,\8JRRU4JY8"'>W#@P.33Y;9GE`$TW>)_A?:%EL MODF#SX-B2[Y[(7OS0@E7;_1/<52@8:X#`([DZ@U(36I/#\@C6V#VOK0#.3[8 MOUZB+`BC.?6'L=0?DK&*F46"_I,[#DE+#,8808F1TWR*EC]L\.O'L-`A[>7/ MU=]4YL^M_BU_;77OV5O8SX?%_CCHIO*CO99?XET0QMRV=S\/6E]_-G].WC;C MKXB>^W/;R"<=M)=%ZH#KM*=EK"0=S_-9,NV>)[.8&8Z7M*+`CHEA*8!Y*J-L MN@JKB_NK))6Q%DN&K=Y:1*XH]`F[PFP_E>W5)] M?]&E.[`K]T"]3%.H\-VLW_16&UH+.W!5MK,>C]@>MV[.TEQ5PGV^@':P$672 M.B.FQ"D@I):):GV-]LOC4U+L M)BYO#\VLI,B%+F;N[_*,OLN#X\+_S@01]WOKU:3>=Q_`(A-+&2`,AC9F#G;J MHYR>MQ11@\P^YGZO-Z_#[S[TL4PLY3YF,+062&_&^HLDE:UC%R8\Q$25,GE$ M/@`%)*`R6GA<]:/)#0\+%Q%.T>HJ7O%'!A%)/0$P27SH=H!PZM,`DZ=^>+7M M#1QL@X!5%]A`O0Z/-#C,W\T.667#-O+`@UF!_GQG>Z';9)DX#R*:JO)QBU#V M)<'Y2QAOF@MTS=V@B^"E2.M\&\;HAOS4WSF;8M?/0*+-SJFW4#B1(1!2P4LH M#L1$5CYZJ:12NNX)B=LR7N!4*E^;AB=;26-MJ)7W"88)UAU8N6Q;9SI]=O[Z M"P8"R8`A`X5W@#`(!K_/6`!C.4M_G)&P?Y#"Y\Y4Y8&KO[;%SWS)>PH67$": M^=2!>4?0N!U.,IKMDS$3*9:2*Z);RMY3C/"^%29T%6FA:W/R&L7I67LU>?_L M&E]2,`3!J#L!H$V*K6F2`SDX72H/Z6KS)H2],^<6[-!?QAP@)Q0&4UL>Z:'0 M`$NI!@D16\^/-UBB`UP2`%>$!W`!2*8&%#9#P\<9-G+ECG7A<90-&K#'-H+7 M,2;V0TY,G(H.T/%QFS_=VK-W;\3!4;[[$X=:B9[[$ M,5_B<.P21PLQPS.B2ASI00R\Z'#5!2AJWH/.KQ5ZS\,(+P5MF+TOHJX>8?"5 MA!XBIN50+#/=B=65PIU+U9O1FP!XU5M+&7Z$`>LL:X9B%;`RBD$PVREVXM#E MJ^B8".ZTPO/`8*WI4]9-BC./>M^!NTK>$L_CTTQ&$8Y82IF/*E1KS+O9O,T! MAJZ,EW.`H2,!AIU?7^@;JD22![0)4_K@Y.KPF3[N$<3A_+;%''5XI).B.>IP M@JA#D(G+(Q(UV+"B%978.#!M22(9];6B&.6H5)'GB_0Y#'(.@W0L\&\.@YS# M(.QI'FNKF>QKS8QOS8QOS8QOS M8QOS8QOS8QOS8QL.VM;\V,;\V$9C7_-C&[:=8_-C&_-C&T>?+N?'-N;'-J2W M8.?'-N;'-N;'-ERZ)CL_MN&(@WR^"^O*@=%\%]:1N[`/:$D/<,)UN"PJ21=Y MMEB?+9?Y+H\(!E?%236]7Y6@+8K3\!7=Q(0G.L/+\";.'+D.K:V)7M"=X/B!P@7H3"BA@-R"%`<5;G`YP?+;Z5UYV3R'`XN*FVM0L MUH<>.J?Q[>@I>&,%M4Q:43LP9J**[/D,X*##1]1US^<@;603IC-1XS3FD)_+ MD3Q&&SHRZV^@F(.+IJPXN<1Q\6-;3E(TRE?TBF[!=O&"$D(3;Z[>7@AOXY9G MJ!'CK')T(T[;8LWVT1&M>73#]7UFCCB[1P^#?R'"%U?4K&!&&'-MH^1K/TT#Y/Z-&`=(YM3& MTCMO4'::CCEN@%1F+?4Y.TOCEN@[_24F;;I$2?A*Q'Y%%S@N&GL3EY][@XY2 MF3I3(ZR,9^#2T<2HXRQ8?;836>C[)@Y2-2>K-&E'_2,9V'I8A!>HU`\IX!D* ME74P!H*0R@QMO1TX4&UD3&DRB"",Z?_I_HPFDSF+HH/@Z5]1M)H/3@T?G!J^ M$)BV^JL=L7&+RUWV^7XXK-+,0>?[OZ+5)HPWER@--Z7[F)7!>/J*^I<()ZC( M6C<-6\3(8R0FJM3#(W)(-&;N(AD95SSKV8KJMJ#565HU[R8FAI]SV/J#I.YO):0"2@!1:5,)H73@)'+!`<( MDY>_MQ(E$P$&CZ8R#=:I*?CL_,U)<80%"[,CI#DLIFL8NRM]S_G-4@UC]20C MJ_J"3^:4@,PUE)Q0(*3U=525$IJ>_R&":H)7=NYD"=GA:)=#9FW$`70/!LO7 M'3/XK*N#5PY+?ZV^END^V$NAPJ3IX:1'XPE(1)+I(*3'SU]O:CN^K7;3,#$B M)ZS=^`)"Q]$"EE$%,B*F_B;0.DC%>'Q1`B!IB0&2!"6\@114:CUL";C[>WU, MNA3%"FLYN5[K79R(Y;R/$^_C@+N'8^[D^$WR=]H^J.'@P'L(T]\8^SD(Z>#@ MDT7J@+#M/F?N[""D`V%9I/8.HG"""(2OWL@@'F^:MC&G5!!M?1PDIK4V+(%Z M#*O)VAU=1#44%[3%G/W=^I7'K$($B4@J9;))G,<+0#(UF+`9^NL%YHB1=:"M/Z,1=;XF;YN]]MZ:I1X"TG&S2(=K`*8=(Z("\S MAJMXCU`MSJY3!!9I5Q5Q8(@4=:0\O(XE.F^L9-0$B*FK:O`^RV)/HD;6+PE. MT]LP>`XC,@ES@0N)!/X%,07QM^XCK\70X=>]:63PUVIFUFN_QU(>J% M2Q\M2'-,F/64C?1WT\M:@*8T+)N&9#<2/Z"H$#?=AB_G^_(>5)."C:6W[FJ6 M%=A[_(H%7KNI*G9@-CR:=L=LLH[77/"FRT-;YFB$^72ME+*YC2"@=$U2SNNU M`%JQM-:]W+4I+.+!FWB?>N)"2"MIQ:06UR"0#L-*HO87#H(:Z`@AYNROKPUB M]UC-9$":/;Q%)V3LKV+MS+?P8=SF="MLY6F=*3=*E/LZ(84@*U:WO)^'@1-V MQ5A"/U``E]Y-RY<,=O<*3FZ]I6A]5@PR=-SGNLK'D? MS"0*F+[1AN9E!Q(.?`W2#"5DN*/91\^2A`:M%)JCZ8>_!2_IG&+@&+G9I=W` MG($5 M)Z!AQ^@//M2A^*T/#BR1&(K&@M;S%BP'-D4P?:NXY\_D2&P-@T#+TUJ;97<6 M;[/R=R6N.$9CX-#652>LDJYZN\QMN/7U)D*>[T"]('1"=,&'L%BOT[*%O>`) MWNH'7J#.9`XHX,#$^8X#R!2ZU$04F;RZ8X22.?'8(T3(,A5GJ;2S##KA%\3:FP>9FSY9J4F)!* MD?I6'JB(`_M(4_V-M=3$VXJ.;%4110EJS:D%UA_4L7B.PDVAV"?\@,CV,KX( MTFVI.['UJ_%@6SJ4QVE9@`E%3F@2FLT[H162;)7(5Z7VMD'.4GGG(&)YJ@9E M3,U'L:\QK=5?U\#2Q_!_1%OU[-:(ATR5?^="%BS4\G8J^\]MV MU!"D,L^=72P1ZTMY_--VQ5("IS.SE*O3N/P6*:P8;#IVX2:I:D?+)U38K5)@ MO8`I<7C#U%=3A0IJT#>MQE,1UC[YJ`UAWJRS>J1!3.:U=LQ:6FKBHI]!,T!S MA\9/=/+%-("V#O,IMA@FG-JM1IKW;)MD+H*?\SYNOLDIEP-YN]TPS8F`(/5[ M0ZW:;/OD'G#6@.#_XJN9/P]:>0@WVXSZ-9=1$.X`3G`-'MSQ`,3C!&W"A#:G MM@_--I[,T@NR`#7E$%=FJ[5=<=PQ/IV1&=7Y\>QN;+-/T%6NLULXGM-<99MA MQ7WN1+^:C,&J>8\ESJCT'@OW8$N^YE`)4*/>\-O7NP6A?LQMQA MA59HZ+J&`_=/'_/=+DCVB_4%3K-BT/XE3E`0A?]!Y?O7O=_*M[")&IN1_F:^ MH>KD(]B/RRU:Y1%99IV]DOZAP*4H#B)T:";K5JMRN?I6(;R<-9U\#?Z%$YHM M,:6+3W;/#2^[*I9J[C4!2[FL#>8=6>5R<(U8OTU[@7<['#]F>/D;\U(M]WLE M(^.[Q260:C]AN8#]Q0ZP"CJ[,E@[<^_Q(L(I6EV1>2V/5RF[ZP4D=>\S23P# M@%S,,1A@YX7>_("`3<$3_,UA[[M!171U@_0E4 M6>_UK7Z%"OV]ZJ^^<(5UA?3Z/[AB8%?XGND7HH^!+T5A]\'SPRB6-35=\"O3 MWE-S-JQ'J*E^('K*FNP]G\V5ZFR'DXRVFXH'UCJSE%2#O5+6QLMCH`GKJJ\[ MPD[8U.(A<&@31X1,X"R(;!\#"^1<+O-=3H]E5@QMGJ,U3M!3\`:W##5^<_FX";.?7[Z3&]?+.PDTWM&=:?(;3LP9=*&OC.OUA@O MR@C?EF*U_KXOJ1?.HGNR/B:B1:'.TPEJ::GH(@K2-%R':'66]C5P$W<'CWN< MAL6#/W-`RQS0,@>TS`$M>`ECF@ MY=CZ661;E)#%$.G5+8K3D+[:1A]V.VRO_XJC51AO#D\]ML"1A"F]C4;^&6_N M41+BU1W*%NOAB=?4U=1)T2:KQNF1A.D]/I+*1[J.IVNEM1P9S'5J][2Y^`=Q,PH;"7?M1EA+6S9UQ$%Q>OG0/L\$ MQR#PBTJC$EA%_8/T"-5,=DK-JGF*G!9.@/<"QUD8YSA/V4=H8R+9-3D#(M>5 M.1_CBH"X44KQZ"K,1JO+X>AU701)PF64E0N/>U)LL2Q>!M)2S]/_Z8M_MMDD MQ:JX#!@R9ETZ%#";TA_+TAQM4*Z$?Q-)RZ?U#L*H21@(14%V%IS]X^T!E<6CY MM`WB)[1[P4F0[`]"ECN#5E0VWS)99^3FN+:/Q$UP]0_YTRC4Q(&WB4955O3' MTUP,S_>BCMPI\[TH1^Y%-=LCVW>9#@UI5H>\VTL0TOKM(2&IM2G]L"DMGR2- M5ZW,ZE]10-NY6L0/%&$TVH@0W&&RKJ[^>1ZD(?,&DW&^?36.YSM2YRE:_K#! MKQ_#PHBIQC]7?U-=?V[INORUM8IGW&]B?QRLSXW<5AK1M'W"R2 M[(MNXL<7LFG#I/,?T":D*='1ZO"9!MH%<8$0QEV"L6P&7Q*BB75GLC^!9.1 M*::+)2:*0+25GB6T?N%*1?`1`)-48S@EW5$7)F05GF0A69-3)1QDYRQ30-3- MHD5"[1?4U(0?M:"15.1OD,Q]W5K^4EA$TMS[8I'XA2:`F",@Q.:N'[[AQ(18 M'I@F`8TE8$*'3]`Y`N\2^`4;J8@C0,/BK1^A8=M7-F=`<:0C)G%:FLB08M2; MJ9I!QY!S,/K8(K+(SQN^<#I`V'='>7#ZISW*HC98RI+X`FW*M#V&+8J.SN5%F*O M$_3O',7+O7B;(BLQW*/P2]C7`*MMX&T)IX1@,S(HX90&TL9`Q+,XH(AH0S8H M8G\\`W0J;VX1*T`^K??JX\XG@WI.8!H!C"8K M;N(B6*:G)[5"E0*@A;P>&H:]CS7597Z$N&W?*X6VR6*0I)WQHE"5[-[:&%Z: MXT&/E[T,)D5S&=?R>/D?H?1U/A$YO;TXJ"#=DHZB_Z/'=J]!U'%Q'-K:CXA2 M+5?'1L'+VY?K*^(7JXI695%?!2\*G^/-SHC]MEZ38:/($/I8_ZHU6CMNIV`_?(C3$W@\KF%BM&L9BOD7ZYSF. MK!N^!LEO**.;*GY*@^9.DIRTN88D(CU&$N+F&@S`_D?S`61DE/"Q&!D&Z%1) MQCT5'?7#P_BUR]+I26IUZZ$3OB"M*SMCD`IC(P6JC(W'.%72D"F8RBJU.'\P M<5I%O+8>`6CN=RR>HW!3*`0`U-%\JGX8P<=YJ)K2D1I61]2J?P9Z)+"J3?NZ MQ7G0]'^2'ZF1D4"$3ND:WOPCX4]I+M;(/F\@ ML0R-,KSYB"BSF+%XATR>[ZHUJ@[>VY$3LG)6]0B=[WVPE&HP$+'5OR"6X2R( MF'APU;NGX`W2\-2)N=L(QI.87`K-3L9QKAG@Q'(WJW(Z@FNNDYX"VL)13CS3 M-9J="`'G3X@Q7[#B;J%FT1750R)`])<\SUT51[#;LU6I^+ZG"WV>!UR M)',UU79]A^T4MBK:QYHST8EK`7@TWK5!'D?]1NUPLB9;2V-F:OFO&(UBJG=- M,?7=EB91KE'3,=7"$2]U>^>+,+=Y'AM4I%JYOQ<46F(KC6E*8Y5;8Y`N)J>. M93-\8L&W?Q?BKZ%QU]!X:U_P!!54`TH"UB-..%R81H[>J;04Z@#??RL6[NVJ%XM:,5;$W\6C= M=(T45GUK=ZM0K>?&.118![@CTM3 MK460X?4IM`U3G)XXW&?@J_,F;UQ/?*-^9%/]?0IXVI0J$Z3B.$;R%3/--OR& M@PU0B)[X-=3/\A>C1:TQU6UFWY"VGRF#-V3]$N/G%"6O5-PBS2;YC,D:A5X9 M)LH&O&IL@C,[B\8XSO8U?[XOY+B(@I3U&*24;IAUL$]G7\91/=462)R@<*)J MC.*.58UA[UK[[A`SG:&4KNN"8-'9GV2FZFP,UX]P46&L92UW!JM%TV1K.K$> M57P=9\JN%#RFX_-&@#L]#1=\4PW0W-R7W98Q%G\&6W0R:3*-K-@P?`$SA06R M$F3V&_'>%^^#';/1515O/VZ]T? M7E7V.ZN5)O?O8;8=R)%V!>EY\*A.F&C]F,`1TMK=-`^6%(4'D-Y_2=`6Q6GX2E@M\0Y1JF.N,B#M.,;"0]R.>>0Y M4A][/Q1!I?;WGEDMZ2)NW7CJ#1E"FJJK.30G;VH0W1S7##@M,AP$Y.?,68>Z M3C@I#JHP/]^UJCAY^SI"SW@[2[4$TK](>$+635/23&C9'?;FK;IB/UOTN![Q MUIHK83227/Y<6G*,-D%6T9Z&03\E09P2#:1WB/N(VC2UF#?O;BVSE1OI'V^- MO2M39?-_?->S]S%.O__YTWS^[9!EL_O$6Z/NGH#_E^X)^%7,GL.]P](P4LM8 MY"8HXF@*(-T*+NL9EL5&&"'S!)0TEP8WANMP6;1RL3YXEJX)7F[1*XH^/>'B M_Y][0[A>X:H'50N?HL&,4N#D)J#:NA.(2Y\HF'F2H-CCA$";:OH)@$/MHJK! M.XRCKJJ.:X>A;OOSQT&O$6S\5GYC?NKT*'K+4+Q"3<=T^G1#*XK"'Y9X5];< M22MY'R193#9CV_`E7:S7Z18GJ$BF>Q:O?@V2L!2?IIM,LZLX*^[STC(WER@+ MPBC];HJ$MRJ-`CU[,8HA*]&M)D-KF]7'Y1:M\@@MUKQ.95T[5BQ5*0I68478(K++F!JR7U/-H+)$[Z@ MZ6ZC<,670DY8M5Y$Z$#::6D?8`59>1FC>970&5'$W*T71"[(4,O$PO!#I8_V M!T_ZFBN+3M^VF=G(S\8V\=;LR39M+D%MT@P"3[I7*IN6"3.8NO6B06>5Q.QT M`46E&2:%)]TNETZGWYE<#8?D65-I_^:[\K)%I-'Z\CJ$J;_7T%57\`,M2^^6 M`VL8JMKW"^,\<<_W%SVW8/%ES]AFC&%1=88>"VM*ZS>*V?P],S&13M%Z$:A4 MU"U$[>]P1A;HNR#9GZ,8$2%"\B=S`M4N+\*2N+RU@4T+#7B\CKJ#GTHKZ`BH M4?N)#9#[45@>!>231[%%"$OQ:W_3R6ZX`O@4H'9BP#H:C-SGG,AR?>HY3X>M0+N=H=.0PIGHE(#WM6NVWOZ]U/*"(1OM3G^>^B"8.EE0\(F_["V._K5ZP"<:"%W1"+ET$6Z"58-H5$U5B\8BLC2^"CL!`F;J#Q9!A\;8;AY%;9WJ_Q`&DIV5D ME5[X9([V-E`N2'_S67G^.HK&N(T!PQU?I^)*RN#/(?-WM>#1GDNUESDJ->IO M(&TO;MAKZEM.7ED@M=!9<>M`WM=.<%TS;Z6/^7,:KD+2;$3OF>!E\>M9O/H; M#N/L5T).HSM%D7^ZO%A!?^J\W-IJ,G#1?^)\I+H`V\Q#(P9/G*M7[LP]D8X< M@WDX%&-41,_"(9O>.ZP!Q!Z')W8%;J58K-MU"+Y#*W[.:B!UI3TI]91"G&7G M:!/&-(/=8GU?W.X#"",H)1"*6NJH&L5DNJH58"KL9S!F`FNL]4J MI)(&$4N,RYS>V&#B2[U@[2]0*.@#RK05H0PTE9K<'(@`)&8[K1V/F3'"JW_GQ54AX^(-J$>I3Q MK%FIC=3YS#GJLJK[(DC(DFY5BW$3_QKVMPD0TDJ-8E(?P*0@K#)FQ+QMY%UG M0N,)9T%$FE3F<^J!@?VQTDC_HP\=+A1(N8O[W#12`FQ/`S0G@ MY@1P#F!'!S`K@Y`9RC;I$Y`=R<`&Y.`#=G''J/&8>,;G-L'R#, MJ65.8CZ>4\O8#G\8'`F=V.UK=LO:(=OT"'@?QILR+J`\+3R+5[>D6!@5B.!X MX:=@+=2G+FM[>6[*9K'5Q_Y8*:#_T=ZB+DBW1*_T?S3:\36(Z"')65;KG_6^ MJ5*9>AD'*V-M<.?T%M:3MCMH=WD74R:,I[\;K*]!\AO*J(D_TJ>Y6/?H1225 M&MDD#F($((L,$FP6_D['9Z]!&%%QKG%"'XD_2%5&51_^?9$G5./]X5.W?#W" MJI=W$%ACM2!#G09_MUS3[R$`G@\/O;CV(0SDX>H:#NE7E#QC^V'1#VB)PN(M MR)0^[7J>X-^(<)>(H#VA2\J+"`7T>O(BV01QY3P>9I\$@ZDQH M0X9(S3IL!#T;FB_+:PGI0?`[E-WA>,F>'6'4]5PHHW809&H22N.N MG;@UQ`R]9T:H6P^U%PP6\HAZQIC0#9S_HT8'TA!\)\\/QKKIL,1_!;FMH->$ M0\\,+N;Y>JV[+66\>LSP\K M[)T?B7KN=JMW*BD=V M/$F.5E=O+RA.$1&X6-&V=##<4<+H#WM*&;U78%.57Q];@)JL^5@-+7APO'E" MR>X2/6?%,==+2!?*B)C,XCD*-\QI7:U0O=@!%O(*BEJ:T,P!>+H*ZCOO M$U3@E6%,KF%](YJB:?K.;$?6R";\`G=HBKBD%E>#(4D%5Z\L:AI=ZIN1L?98 M\^<;NO,]T)+.&-(S'+-,ZQOCAIAZ93:3:%+?:DPUQ_.C#)G*%/VKBGY5SR"L M*/V([86THOD`AGD`H^G_G_9H!MXHSQ\N')T5T$B@O*%D@;IM\3<`N3RK?R2: M0]1YRTTT)*1J8@(Y5!9CVEY1G`]\N/V?F\BS^F>+E\/%BL;5.EP@#[OPA'VNG,69`L'A!29`U04P\94KI*F0(ZEU$"%0^, M%0%#S\\\#N"G0=1D%4A$S&DP1BDN?8$9K7&"FLA&E%Z]$;T0L<,X2/;%LA+D M6SI"39W5V$0UN8S[XZD8;#F3-LG?6/Y&W&H<.4#.H'(?JC+1 M%&'&8&&F=QOF M(U5V5'/9&DYYX&&"*$8_'.D="PW/B&VES^]8>/F.1;,?U'^+PO!>[?".J/"P M2$C9W[.Q*.V]+KI>HV46OAYVXP]D\&5MVGN"JQ>L]*!2T/(20MRM>(026&L, M9FW%BZ,*M=@XG&5>-6$W^@&1M?*R>-.7M/?JK0I(4EY>I_-1I^"K((F)1%22QRW!@^UYN-\>SB0L(ZL-E4MF M;_KM->D\2,,E605>AE&>H<'KMQQY):4XXG-+.:8-%1VH2&Y?7M\=+;`^4'*W M"%GRG2[^7AG_.PHW6VI^I#W!!MWE-'_Y8ET(GR[R+,V"F$Y'A2)Z&-$J6ZE= ML:S[&!NC#$4,*E:EOQQP!*-,A4#&8\@X[`.V(,(I8HC#4M_GYH@3675MPM,N MR*4,K(RK[U,(:AZLV966CFI+1LE2T2+,!/#27WPP8'24Y8>;>IQN@F7H^;U- ML01427'F%407>+?#<2EIU^]0#UQH=1_LBP.R)`GB35%NF-O8%,.#_WHT0Q]@ M;EQQRM@WT0+#9W?V-T25G@8#`&Q+)"LMWA3Q2_L`Z'$J,35R\ZL;$4[-O>EI M?_T%6W?!UEM^X`PFHC*>N&SU0X&=N$MJ8*,D7KP;VRH-JO$W&D=Z4L#=CLJ\ MZV)MRW>B#/X^!G'0?&&V3XV*-L@"-\1$5:?RB*Q--K1!A^R3G;"CEEPW2.K%RH\&SI"HAHT'"*7X0*1"PP4 M#C-_([&%4<189*H5JK/M`PO95\57%-`M3.$='C:5N3[5*MM7#*RL M??W- M+GB<]7$Z0EAWIP=@=9[LQ*HU%X"F6BAG?Y]X[@I^V[^TR/12#:B8GJH6E1N/ M6'!>Z!*0L!ZHL.]4;#='((Q`",L;#*ZZL5""X;:BSZC_$H;W:03;PO#>H!+2 M,#K?B9>D%%``?!@*`(>)WWFR-B$.Q^/^`S20,S`.S\'K,B<0@]D5]6N0Y4F8 M[2^#3'PZPR)D3GU=0I=1`A80C!41QU-9)M57".EUQ"+[Q:JZ2QALQ`B"%&0B M2ES0'X0I*$`3<>(:_(VSXTO97)/5`*&@K!2'S+)^0E&N!@-H9%9B+3DI\VR1 M-)XT+",.(#C(3$CN,&+J@*4(1<;:3.A(."WJ>XB2]Q M%`4)PUL`+"`"1Z^`=P`1"3P.)#W.-A)H\H#"6/J1T2[$_?A:"*EP:5V3.@X+ MJ)`CE]4$3WD4_X)DWS(%X261B^=]5B]2@%+N8RSC2% MAX]B8/X5FGYV8T-U'Y0>YZ)UU4JN/W()2.J!B4GB,AX`0L&'%2:OVI=H/R"7 M-OT!K=#NA8I"ACXRQ::'L7"Q[HV&C-6,3O'6*D>MN,NX&:D,I5616CTUWH[_ M&!43=,T]3=8&L88^ MC%/"96"IBZRY.^.PKD&FX22V?6KQ)0CCE/JK4+J(K][HZUQYF&ZIL,Q%-)B^ M4C2`WF5DJ8H+QA6`<8TJHQ>R]2>TK\%;N,MW)>;+-M*W((L'B>G^D:[ST>J7 M>$6OX:)H_8`V(8U$H*KH@<@$JTKAXUBY##V#2@*C_DU M"",:+GJ-DXX\];X4A%@CO*K>&,G+9/G;%D>DY6EI8[8S5`Q;Q`DFEQ/6 M-V<%A!8?+2^RE]&FR?)V04B;Q\Q%I/8>>I)W%5:2LVNG?/;E4^^ M^OM@7R2_8Z4]$='T3T:Z-/;NS=?OG%U$09HNUD7W,:ZF2NF:,8!+9V\(:#6% M>4N4^WTX=EF_$2K0/)9+TAV=AKQZHY+-K"7[D6+M`P?)73V[ZRV!:I=/CL3F4YS%@J,K_UE[^6EX2' MT!O6>I#S=1#T'+,(AJ_NP45B*:>@W.IK%O=HS,50!Q.,;6REC% M9N),#TW&/A[[:@+^$M+^.)C([CI&K1N>#U.#2O>2*TC)_E.T*D18:^ M$4$19ZQBV(%82VRQP=RV3PYAW/UUL=1"5;+3._[T%/\^"%>7P?XKCK/M6;SZ M!PKZ\[=ZP9ZU00JZC3QM%2C@3Z6.TQG1J9B+-7TE.@'"4*$D9]07EO0#B.I* MT$`BJ!(;.1J8FY%?,8V;>Z#OXZ2<`U\12:4F-HGI./!?Z5VJ>G+I-5)(TXO[ M[M%8PZY0L1@F4Q>@+([M".\>I]/9#S#-'@!&:"OE;*LGV0'5[ M-63GLP<>$F$!B010":W@\+.QOF%[+@O']K<@69$)[R:F%XYH2I@HB$4Q1:`" M[=@B20'3TT^GFOY>6DS4FX#Z1';A"],[!LK(P+&P@O;TU&?L[[;Q<;E%JSQ" MU?.PQ:.89*O\@N*TZM?#RYCG^^'#F51CK)@BXWQK>S+'UYK.RT:PWVMB?JN# MR;O?[&%&6_,'"$)E-PR5]S98;""BDJ;J` M0W.RT(3HY#BPY+3$WS--]I2+CS()=;NLTY(B0F"2%OCK33&_JL3B)5?/I$Q5 M7UQEZU;K[Y!>"$*=R+SE;/];>SE[^&:__L:-ZG MWT.@("0?8H%#[C@8($*JH('#SQF79:NI?POB/$CV/T.PP*<=`H%%ZS@*I.*I M0(#%S)EST*:=-_%9OLG3C%!\)HN\!K=R-,!+]K$!*>DT4I1%A^,&PMK?0SCV M0@[+UD<<]=7[FT'A>6LRW)IPEL]3;TT.U?H;CB35!4\5MYQ(5',,H5YH`$,7 M8ELO@IW0WQE. M#LJT:G?1YFN<)Q)`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`:S85"\9;NEB73:T_,9,;WG$&ON)Q:>LT52'7(=)FE4U,9.J M\0DJ<5D$UB:Z8_8V!BBG.^4=H75TSF2U2C\1S42!/$2R>"4"GH"B'@!9%.\% M>G+U6,$>LUFNI;5YVH:)$'M\@CH9$H/@O2!/JAPKP&.URK7,-33H*]L*9UL^ M13W=LBC>"_3DZK$SX;*:-4W6&BL^HZ-M;+"-]3K/ZS2UU)TG<*:4]A1RSIKU M96"+V_8)X':0L.LRFUXR9_);FM/CP#EMW*_&1>*71T$MYU:G>SO!T+;`)%&8%"?FRF7I^D^[D' M5,+QV&A;^`=/[CED0$-.DS"A.%=)&QVU:>@`1">(JPB](BUOK'XM*AY8G5I. MST2.TR$3V]AD0CAS9&A4PHL\H3BC@DYIGHQJIK#/3C6S@6IVB4\6VI'"-1^? M44GOT%MVV')-::SLFJ:PUWY-L\GJ=XQ/5ML7Q+6LWL87$4_?\-2KWU854RU] MBRIF&]7H"I^,LY'`M;3&==98RZ"?7=GE' M6@@XO;/H:7I/T=/L)M+L"N\,LN4@LG^!RKAXC^';U.;8JF(J66E9IIRI#ZJ6ZPW+9S-AD68+X#-=4=*.&5%C\N._5% M,!SVZT&BIRE2!8U+]V2H189S=AWQPH_.G/F$LR`:!-YA,F5F!_486.XIU3-B MQ0>LQQ-S.Y:F=0QOPK;I!WK:-L%"=3=IFJ/599XT&23+54;[T?NK-Y0LPW1@ M6_H,VJ]%*3+PQ!I&ZT9K?M&H5#\DTC9^R=)YB=`JO2;=`X$KF+Y^9E-.[PD8 M5277P1Z@#OWHOI$YS(^X9'D*WLY1C-8AF22"B$X15"&U$JHDO)5J=)8J.OQ5 MEBAJ_#W!_]2:G6Q)HM8F_7`]OGT=NT^W.")"I.4+"MR)%=;SW,YA5M),H!+F M-O9<_-="']!+GBRW!#AD`-XDP8Z3A`)&W%Z7"8CM+ED'#;O+:4ZJ*H=R>I9G M6YQ06WG"Y^A`S%R]CN4E5!B8EUV3DZ,"F]46PR*Y;6BL4K]N&UE\S,#]*4%! MFB?[0@&5G$LR:"4#,`,HZ]R.(DH/@`B75!5F0LXVK2('O$ M0E@1H@#%6/`2%O,-:W`=C`*>L!I__;UL+3P@FL,OC# M1']F9G?U1GCLB&6?_LA?;^'IIF\F4_$?^\HBG[\/QC.Q5I7MR'Q[]'W#OCD4 MH#MC96>"@+&A`>O/'P=ZO24_E-^8GSHZ1V\9BE<']'6TOJ$51>$/2[PK:_Z" M\>I;&-'(E9L5]8ZL0WH2?4.XQYN0_'66IBA++U$6A%'ZG:T1M=W,?M/"=!EA MLMQ"'$^)5MD*'HIE[UQ[52.E2M/QA@U\_KE!(!?L= M_8/*\[N6/.2G?]ZB31!=$2@2ZQN^7\3Y6K5]\/5(;2ZK9+_HP_A4._`[G^R! M)W].PU48)"%*V6^;<`EJR#`(["7Y9RD<`Z3H)>-OL2E&?T9Q9_))?R&C49:$ MSSDA3V^C);,;Q43UB,VNHVU%9WLW*PA&!TW*+B.4K M%W.;W07I@$,Q\C4E_<7EUS`F^]IL3Q;FB$B<+;[%9-NV#5^J!Y*##3K?WQ>: M[76W1LE*M4HEW02-OO``7"DQ]_<(YH9LL-=A'&;H-GQ%@ZWAU=LRRE=AO.$, M-[K%JWY0+^XF$D>J`0!']1H\?C1;OK:1S=3@U0V#D;]K9CW_$(:Z4]@P!576 MO6+2J\30Q'U4;R/=0Z-_YX3;U2OYCW6W8K\]O%@K"5G+"\(FL^K::36)Z104 MD+`%,^,.-"<4J8_UT+F8BB-:0^62=$R_HI2.+Z$3'L=6F[A.1RX-6S;KOBIY MGV"88+V9F,>V]DLRV'GLI)$8[E"%7.Q+U5@[N`0,3T>1@_O4H!%2K,/F8C./ ME[_^ALS_V!#`]6A<19&4\U"5*PTT< MT`1'Y,#O!8\#1!B^CPQFF)_H3@1&0]>T"#7(H8;^*]9)[MEH"N06BUX'0G<-'QS\O8=5"'))5KR\*;S_K3V%'[[9;S]S]N5\[D]XAU^+,8]\^/R%&"'[ M]$9"53622V5W(&0H%4-%8HQF!W;4NKAL_!V2V+:$91#EJ*H>^`>%_540:,SF M#$8*8_:!@[])X'H"WG*"CF5D[`/B6P="D'NW"!F)_?JB@@NP+[PS"[AB"L.. M&][@E$LLM)';=D0@A/44:_DY/XC;D#.3&40`/.6<(!Z>OIBZL?X:A!&=V*YQ M4JR05-U.(ZLQG`5A6(W3EG`D[2H,V9,UR)W,?[HBEDD*;N(T2_+"%[+(MBAY MV@9QE43R#L<70;JE)SX;1!^?H)ZKF[C,QK*BVKD.TV40T5=*3)G9)(T::Y2& M&W6:)CQESQW!X`TW7]_Q-7(=:'.,J-*X*+[3Y4*R6,M6.4&Y"5.:_8(L!EMLTR(FLGAIK#RHF\QPC+7,N.49:-D[,5W3?6C# M]@W(4`T>_^7?40A9H>[(]$\/>YK+-?5F\1(MHV#XY(-*D:I;846%@ MAC&O4/:S?R@["!7LJ146T3*57)?!_BLQRNU9O&(X[#1*]J^&0DHZ#3U]'<`1 MJ%1'??+K:^1!+6Q+5IK5_SX(@6B$%^R!$5+0"RPJ:T`=BI`J:B1J!"$XA<2V MV95O;B<:`Z.DI&!@Y);T`HSJ.A@W,'+KJ.&H<5+OQ/4*Q4P%P``#0\!`!``'`!G8FPM,C`Q-3`Y,S`N>'-D550)``/Z-CM6 M^C8[5G5X"P`!!"4.```$.0$``.T]VW+;.++OI^K\`]J'`9=SX=G9^<'1G4,;G%G,6G(]\])J[)V-'?__;?__7+7XZ//U.' M"N)1RWC<&-?#SX.'.;,!U#7N'R;PDQH7)^]/SD[.C"N^W@BV6'K&^8M[ZX^GI@CQ2VV8G)E^=8F-G'RZ0 M&9NNJ./=<+$:TCGQ;>_3T9\^L=F<4>O(`.X=]^.SN\7R[=NWDV\7)UPL`,G9 M^>G_WMU.9;L1[.+1KF@R@`/9>9LUC3'/B?LH\48ELLKQV?GQQ7E4"63Y1X*4 MYT=A1\1$X!@@IF;BMPIT8=[ARG MZEF4Y9,&!4C7VY`N,#+#0#,CCL,]XD%_D)_"C^LU<^8\_`+?4+8?(WT\T+DA MI?T1J?ATY++5VD91RF]+0>>?CL!NCB,;^==:T!,@+X(0W*8ENL'BTS5V""<@ M[#9N-T)!A)G!DC$&0,+75'@,C"^VI=.NN#*)W90KJ&+ZMLY,673>E"FHPARF M,4\V>6S*DXVN;K_L()X9,&#@CR\/HUPW*XD9FH%&+;;M1RK+"_G8'3/SN#\2K"H/XDCF4$Z`P%WR^G:21I_+Y+K8GS M-_D[W8_#VB%(6#_'7='([&@YF M\,=T!O_=78]G4V-R8XS&5Y.[:^/+>/!E.(+B7K---'O%5R"")<"P)]I.S:4H M2G7^IJW.0>/W#]>_`MSHZW5O`7NS@'LB`&A)/0:\=F`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`=P530@R@_'&")LV#P M:^"ZU`M]>5W@"CU]R.HIPBR'6A6W$2,W`NR]^A*S?]SE**,84`K,XG%>1IUX M)E@&4*ZF\[.LFA1L4E,)?+UB5*_F/[KT3Q\XO'Y"<84^+?VU0@5Y4_$M"B/` MT8N];FZD08XD-U>23HQ79$4J4N`_MTBT&#]$O_J46'7.988#2&GF)80H4W)1 MIJ5"NQ^:9&V,'P)">J7FIF]4/:8_EJDN3MI4*JLTY=.K9R^YG_SNN1NR>CUY MUXQ/I3GM-=_4FV.=A(AJ705E9<:238-4*KU6,J577E%61568\G>9DA"L4BT% M.9A>$?62,:I:"DM+H^2<%$RETFJF871HDEU?L/G:&:5&# MV/G'DJ@ZI+&WCFKK4'Y!%QMS[W?JW?O"7!*@HH:1U*J_)UMY4]]6%.M`.G\T M@%(#2#6VM/96T]:GK'$/D:#6`UTP%V-6*R[&XQ7$:>%O&B'=DWV];>V+(NJ- MF'P59,M`;W0-C.Z!FC9Q79DF0SK]-Y@/3]%?($5#B+:G(.=`SX":#V10/ M_JIAB1VWM"?S?%_?/#,,&<"1P>>&PI,AF3(27$7K\#\<#297HZ._`EZ/;S_V MMEO;=K?I*\QE?";,P?]ON>M2%PS+MH=4L"?@#.K^2NTZ`V]+C'NRQ9_KVV*< M7PL2'I)V^2N@7IJE;1L*`P9RT-M;`WN[(SCJC*F'RP@#(8BS"+;VWG`Q_4;6 M=<;CVCCV8U/G#:8"`:E&2*NA$FO,N3`DN;T!-9D7^*L5$1L\(.MZGP7TS"^. MH,1F_Z&!MTE]"_HNN*"M7QK5F3UTU\J>C+#)'"-@!OT7LO.C(8DW8NH#5Y?S M/71\Z`.5U8=1;["MIB3N51CK4&O@#IY`@)@K0J=%OT5[)5(Z$S]L-MN M"=!,X6Z)7A>UMDLD-%-VCUFF.9"\O*"SMX^E3'%5ZK744Y+O0WB^GJ4NR@P_)J[3Q(FVV6G,(V9W, M]>WJ]>@+0M:)V]&#J]]O>;!`FKS/.[?B*;4]-_IR'*,Z>7:MZ.;A4G+*K@HO M)2==!W\_C&$4[2N3I%[%I3(I:+_IC=V)\`=W7W#16 M3J+B]J^=U42?S65MN\U4DK]VME6',%,^+7#>A(BX5O#S.$;0C@R7F8V)B.K@ MCS8$I*\N_Q",$PY=$'F)5@$-B6JV$(E:QXCG^/S-\?G[W>GP&M/@M6D_*51O M+9IK(JHD?W6A"_6%B3HRD%7PK^.H'DKB`B6Q`Q5O3P5>75^3``F-S8)3^/GX M_*R9`C*O9=1L-:J`#;]KQVG^>QAUVE=KCH.*._>`[(L>S2AI3T;YDROM@PJ) MJXVGSGJ&\/T$(-7TCNGSVB8.\;C8W,#?];V%BN4Z1E(BL_!='$EC2>XY"*87 MC_:_2D""5R?D"S,?5QR<%A&;D4=7&!\"#Q`0>\SSD8//@OOK")0!R)'AP!P( MISV?CCR!ET(1@!;`QJ>C.;'E4S<2>`TVP*V9;"GP"%Y4]$AL]`^?CBSZR+QB M)B$R]R`XB^ZL&`*:I7QH&1N[\D&&X69[I#.*40P%GR^A2DDLUE\BU.@ MN@:5#D424^HP+L;C^T.Z8@PHA M9.8P`786T3J(HN)FM0Y%%JV7Q-Q!2%0-_]4`ERHW^(9"W5UJP=]9H5F^"!^T MJ1:/PD]\:2AN:]EF)F;TV;NTN?E'GD0:50^$$#S']=&+ON_3?*HE$3FS*R($ MP],(@>I&SE>FN(5R*%TZ1<4H-L,!"PA6KP!"YM+?#X2=PFYYRQQZN8FOV[BC MWI);#?IU%0+-.G/D=B9R<7MS1U>/5,1L%A0G.J/%5X0YFK@D%[?:D3F^#XGS MZ&C)OD!Q^:`'8L,9XC/:*X;038&YFTL*K3$?2C>>(H-2[]-^@*#HAHMO1%@Q M6Y6`FOF,/'H'WB5=,`>7[2?S>XFNG,'<"BJC#)2\H.)%.EX5IT-J*J0/?51! M$9-EL"_,7[4J!U;PJ@RQ\W24SVB3.MHQ?`5A=]JMJ-]TS/2E9*/J@9] M/:Z+^'N@GB\5?H!+/8]8;-MO4/12Y9)V;?+\, MNK8Z04_$2PVJ'+X4KIK*X.HP)?!YZ]JY<&]M,SUG*RK7;=J65L%PW-"H MR^L=BEXK^*IMWF6U#D46`].$)JSKYS4^X!A-U',W9=0`U67YHRK6D90'N@.U MVKXE(_E,`)L>[VK5T$4&5(TA M7M\%VI:F%2I>7I6:LSC?&4(=E^NAJP?:QBAG:P#Y4\%8),UJ:>,RJGI/Y5PX M/5#6KJ#;R)E/;C029-P^7CP4+V?<4&!;8$)7L8BN$!Z,L>1S'`VB.7'$9*[F MPJM$UP"1-B*K\,Q7-G=QT=W*72C(+]6MX\P$05>GW/[FXY@@:8ZOKMENUE(V M!36M>"##;?&\&!_#XHX<(/M9WB:<+,R!L)FQ\=HFT+SF M@8BDV+;K.H[V&`Y$1(G=9_4NM*[8>]@4B69[B*P(G^+7VB]OF,R_\OU#Q3LWJ'DA%H_I1)6OGM,>AF&RTBV%('V!4^ M7=QBT[GG9_Y$A8,0DT>;+8+W/)J%Q?51'(B0MK3?48*$8]%OS%M^R&H\';54N;0F@=(_:%1*I'OGM M=>-;M#)<2`ZM[8%*&YWQ?(;@(_.0!I6U>\$7@JR44U<=XM3&^"M&MC$,U6C+ M>(_99P'.*&W[A0"ZV7YWVAOA^U:!X4]@@`47;[)!C\-\'1KB8RRV(*.@%C70S@J`)K1>$-IG?0'!*[-\I$2DGJ0$]O?X2\HKN$M=-C[7I M"CTHN,]U6.5UQ]36\AG[."1,YH%[4K/(3B\^7B0'J?;8]!M(,=[X>.^=D<\S"ILTB?'RZ%4]48MOF[G0GHQA[Q: M!RI@)AW@>=HZB5+SA,3Y?4G@=Q=80VF2-IC>90,DQW MY)FM_%7`;6"I6QYG_)(BG]2J$M9N6`Y%5MFK&M^5LCSH(S"4,. M[0FW@KL4K'X<7H.1F=XV28UG<"7XM)!ZJ5@+K%JOM+Z\I<(8Y*DI[?*%LL\;;))RH@LI6%N+`B,S(O MD65N1(YN:079822?^+"=@[T(HJ5[F&-E#R74@4TD<%__[$$T7">H=;/IDG2Y MRH86EUK&$A4`LCZ[!O?DWRWV+]+V8YAFIBW&6.O MC1R*I*77B].JX<)\04!<`J>9`RR=1/_4[9R\/CK]YN0S*E8AV>&8IARJR"G3 MCX-XH:=4^-O(<_*$,UI!*?93-Z'8D?.K[UB"6MXR=R6IXP8T2Z37Y^X&)H]9 MYE*^8B=,FHFFM/M?=.M-ZJ/3KR\JOD(F@ZB%K,HM<'&/2-E)-;AFQM`ZNR;_ M2>O^_"RE[XP;?JGVM#8G-S00:1PWW!?%IE0$JIL9=9%%"=0J:F9IOMXQZG(X>06ZL9!]]D^C)_WF4T,\!]*EJM[_FG30;XQ M]N]6ME/VO$?92NS?KVSITUXM-\3_WQ1OB/]0Y%N:`W_;;4J]/CK]9IC=VXF]YQ`@:N#U++'& M!N0I77MR+GC^KF('<@&D;C-(A>)_$`=FNYL/%8SE@6G+U<@9^`O?]?`.H(%C M;952RF.=2KIQ7&_M])J82^QKN(8JESVEI' M,MNATE%"\0+L'1%_4'GB-O8>A<<52H#;+;.^P!&$_$=Q2B^!SD#I-C@/N2G/ M1>$5$O*4XLB9<[$*5KLRPT0]:,W\?:4CRCD0TJ3.H;&;ZI-UX;7MED.`?B)X M_$MY7V$;AL@X);@G8\P]?*N.>H,%1C#@9VT5%8. M1^:RK*[_UJ[RTE/EMO?,E+,4/$5;5P`1M"Z\5^2KTH1WVF5V1JE9;TE8$!C06W1(1WU5>>/?YCEBUR0-7WB1?S2).ES/3 MQDL*P12RG'@-?%=4!R.V)@P.K'_[X8LS7`RY$VXUC./M^%$&B7:REG>5.HLP M-90GZ]=J_V`4%)P5E3?+Q8Y>WH$*#8[RK\&O!D]XPM>_-#:>ODVY;<%@]3OU M[J,;NBX#467>9BE[`K(5&LV&AU)NBEZ.+00]D/BH+">*]V?YW$\E0.^YRZ)U MHWJYU3IX#D1)_!<6CQ:[6$/[AAW36O@;HZRY;_G(*[+GFDJX(_/7_4$L! M`AX#%`````@`)S!E1Y.^MJ!,[P$`H`0X`!``&````````0```*2!`````&=B M;"TR,#$U,#DS,"YX;6Q55`4``_HV.U9U>`L``00E#@``!#D!``!02P$"'@,4 M````"``G,&5'_1F,`=$7``"_6`$`%``8```````!````I(&6[P$`9V)L+3(P M,34P.3,P7V-A;"YX;6Q55`4``_HV.U9U>`L``00E#@``!#D!``!02P$"'@,4 M````"``G,&5'*R_Q&`L``00E#@``!#D!``!02P$"'@,4 M````"``G,&5'UWCNJ@G7``!$*@T`%``8```````!````I('+4`(`9V)L+3(P M,34P.3,P7VQA8BYX;6Q55`4``_HV.U9U>`L``00E#@``!#D!``!02P$"'@,4 M````"``G,&5'*L0BQ;AE``!&7P<`%``8```````!````I($B*`,`9V)L+3(P M,34P.3,P7W!R92YX;6Q55`4``_HV.U9U>`L``00E#@``!#D!``!02P$"'@,4 M````"``G,&5'31^8^!X7```-#P$`$``8```````!````I($HC@,`9V)L+3(P M,34P.3,P+GAS9%54!0`#^C8[5G5X"P`!!"4.```$.0$``%!+!08`````!@`& +`!0"``"0I0,````` ` end XML 41 R17.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Debt
    9 Months Ended
    Sep. 30, 2015
    Debt [Abstract]  
    Debt
    G. Debt

    Debt consists of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
      
    Carrying
      
    Fair Value
      
    Carrying
      
    Fair Value
      
    Carrying
      
    Fair Value
     
     
     
    Value
      
    Level 2
      
    Value
      
    Level 2
      
    Value
      
    Level 2
     
    (In thousands)
                
    5.875% Senior notes
     
    $
    100,000
      
    $
    106,625
      
    $
    100,000
      
    $
    110,123
      
    $
    100,000
      
    $
    108,200
     
    0% Subordinated debentures
      
    6,750
       
    6,800
       
    12,163
       
    13,000
       
    11,941
       
    12,775
     
    Total
     
    $
    106,750
      
    $
    113,425
      
    $
    112,163
      
    $
    123,123
      
    $
    111,941
      
    $
    120,975
     

    5.875% Senior notes

    On May 31, 2011, the Company issued 10-year, $100 million senior notes.  The notes mature on June 1, 2021 and bear interest at 5.875% per annum, payable semi-annually on June 1 and December 1 of each year and commenced on December 1, 2011.  Upon the occurrence of a change of control triggering event, as defined in the indenture, the Company would be required to offer to repurchase the notes at 101% of their principal amount.

    Zero coupon Subordinated debentures due December 31, 2015

    On December 31, 2010, the Company issued $86.4 million in par value of five year zero coupon subordinated debentures due December 31, 2015 ("Debentures") to its shareholders of record on December 15, 2010 through the declaration of a special dividend of $3.20 per share.  The Debentures have a par value of $100 and are callable at the option of the Company, in whole or in part, at any time or from time to time, at a redemption price equal to 100% of the principal amount of the Debentures to be redeemed.  During the three month period ended September 30, 2015 and September 30, 2014 the Company repurchased 16 Debentures and 1,032 Debentures, respectively, having a face value of $1,600 and $0.1 million, respectively.  The redemptions were accounted for as extinguishments of debt and resulted in losses of less than $1,000 and $10,000, respectively, which were included in net gain from investments on the condensed consolidated statements of income.  During the nine month periods ended September 30, 2015 and September 30, 2014, the Company repurchased 62,242 Debentures and 7,165 Debentures, respectively, having a face value of $6.2 million and $0.7 million, respectively.  The redemptions were accounted for as extinguishments of debt and resulted in losses of $310,000 and $84,000, respectively.  The debt is being accreted to its face value using the effective rate on the date of issuance of 7.45%.  At September 30, 2015, December 31, 2014 and September 30, 2014, the debt was recorded at its accreted value of $6.8 million, $12.2 million and $11.9 million, respectively.

    The fair value of the Company's debt, which is a Level 2 valuation, is estimated based on either quoted market prices for the same or similar issues or on the current rates offered to the Company for debt of the same remaining maturities or using market standard models.  Inputs in these standard models include credit rating, maturity and interest rate.

    On May 4, 2015, the Securities and Exchange Commission ("SEC") declared effective the "shelf" registration statement filed by the Company.  The "shelf" provides the Company with the flexibility of issuing any combination of senior and subordinated debt securities, convertible securities and common and preferred securities up to a total amount of $500 million and replaced the existing shelf registration which expired in May 2015.  As of September 30, 2015, $500 million is available on the shelf.

    XML 42 R1.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Document and Entity Information - shares
    9 Months Ended
    Sep. 30, 2015
    Oct. 31, 2015
    Entity Information [Line Items]    
    Entity Registrant Name GAMCO INVESTORS, INC. ET AL  
    Entity Central Index Key 0001060349  
    Current Fiscal Year End Date --12-31  
    Entity Well-known Seasoned Issuer No  
    Entity Voluntary Filers No  
    Entity Current Reporting Status Yes  
    Entity Filer Category Accelerated Filer  
    Document Fiscal Year Focus 2015  
    Document Fiscal Period Focus Q3  
    Document Type 10-Q  
    Amendment Flag false  
    Document Period End Date Sep. 30, 2015  
    Class A [Member]    
    Entity Information [Line Items]    
    Entity Common Stock, Shares Outstanding   6,247,452
    Class B [Member]    
    Entity Information [Line Items]    
    Entity Common Stock, Shares Outstanding   19,196,792
    XML 43 R18.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Stockholders' Equity
    9 Months Ended
    Sep. 30, 2015
    Stockholders' Equity [Abstract]  
    Stockholders' Equity
    H. Stockholders' Equity
     
    Shares outstanding were 25.5 million, 25.9 million and 25.9 million on September 30, 2015, December 31, 2014 and September 30, 2014, respectively.

    Dividends
     
     
     Payment
    Record
     
     
     
     Date
    Date
    Amount
         
    Three months ended March 31, 2015
    March 31, 2015
    March 17, 2015
     
    $
    0.07
     
    Three months ended June 30, 2015
    June 30, 2015
    June 16, 2015
      
    0.07
     
    Three months ended September 30, 2015
    September 29, 2015
    September 15, 2015
      
    0.07
     
    Nine months ended September 30, 2015
        
    $
    0.21
     
           
    Three months ended March 31, 2014
    March 25, 2014
    March 11, 2014
     
    $
    0.06
     
    Three months ended June 30, 2014
    June 24, 2014
    June 10, 2014
      
    0.06
     
    Three months ended September 30, 2014
    September 30, 2014
    September 16, 2014
      
    0.06
     
    Nine months ended September 30, 2014
        
    $
    0.18
     

    Voting Rights

    The holders of Class A Common stock ("Class A Stock") and Class B Common stock ("Class B Stock") have identical rights except that (i) holders of Class A Stock are entitled to one vote per share, while holders of Class B Stock are entitled to ten votes per share on all matters to be voted on by shareholders in general, and (ii) holders of Class A Stock are not eligible to vote on matters relating exclusively to Class B Stock and vice versa.

    Stock Award and Incentive Plan
     
    The Company maintains two Plans approved by the shareholders, which are designed to provide incentives which will attract and retain individuals key to the success of GBL through direct or indirect ownership of our common stock.  Benefits under the Plans may be granted in any one or a combination of stock options, stock appreciation rights, restricted stock, restricted stock units, stock awards, dividend equivalents and other stock or cash based awards.  A maximum of 3.5 million shares of Class A Stock have been reserved for issuance under the Plans by a committee of the Board of Directors responsible for administering the Plans ("Compensation Committee").  Under the Plans, the committee may grant RSAs and either incentive or nonqualified stock options with a term not to exceed ten years from the grant date and at an exercise price that the committee may determine.

    On December 23, 2014, September 15, 2014 and January 9, 2014, the Company approved the granting of 73,000 RSA shares, 83,500 RSA shares and 2,100 RSA shares, respectively, at a grant date fair value of $87.99 per share, $73.41 per share and $81.99 per share, respectively.  As of September 30, 2015, December 31, 2014 and September 30, 2014, there were 688,550 RSA shares, 710,750 RSA shares and 639,750 RSA shares outstanding, respectively, that were previously issued at an average weighted grant price of $67.34, $67.45 and $65.12, respectively.  All grants of the RSA shares were recommended by the Company's Chairman, who did not receive a RSA, and approved by the Compensation Committee.  This expense, net of estimated forfeitures, is recognized over the vesting period for these awards which is either (1) 30% over three years from the date of grant and 70% over five years from the date of grant or (2) 30% over three years from the date of grant and 10% each year over years four through ten from the date of grant.  During the vesting period, dividends to RSA holders are held for them until the RSA vesting dates and are forfeited if the grantee is no longer employed by the Company on the vesting dates.  Dividends declared on these RSAs, less estimated forfeitures, are charged to retained earnings on the declaration date.

    For the three months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $2.3 million and $1.8 million, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, we recognized stock-based compensation expense of $6.8 million and $5.2 million, respectively.  Actual and projected stock-based compensation expense for RSA shares and options for the years ended December 31, 2015 through December 31, 2024 (based on awards currently issued or granted) is as follows (in thousands):

      
    2014
      
    2015
      
    2016
      
    2017
      
    2018
      
    2019
     
     
    Q1
      
    $
    1,700
      
    $
    2,277
      
    $
    1,681
      
    $
    1,143
      
    $
    770
      
    $
    612
     
     
    Q2
       
    1,697
       
    2,267
       
    1,681
       
    1,143
       
    748
       
    612
     
     
    Q3
       
    1,785
       
    2,275
       
    1,327
       
    1,013
       
    669
       
    547
     
     
    Q4
       
    2,017
       
    7,981
       
    1,150
       
    883
       
    613
       
    501
     
    Full Year
      
    $
    7,199
      
    $
    14,800
      
    $
    5,839
      
    $
    4,182
      
    $
    2,800
      
    $
    2,272
     
                               
         
    2020
       
    2021
       
    2022
       
    2023
       
    2024
         
     
    Q1
      
    $
    350
      
    $
    227
      
    $
    146
      
    $
    76
      
    $
    12
         
     
    Q2
       
    319
       
    227
       
    146
       
    76
       
    12
         
     
    Q3
       
    264
       
    179
       
    104
       
    38
       
    9
         
     
    Q4
       
    227
       
    145
       
    76
       
    11
       
    -
         
    Full Year
      
    $
    1,160
      
    $
    778
      
    $
    472
      
    $
    201
      
    $
    33
         
                               

    The total compensation cost related to non-vested options not yet recognized is approximately $25.7 million as of September 30, 2015.  There were no options exercised for the three months ended September 30, 2015 or September 30, 2014.  For the nine months ended September 30, 2015 and September 30, 2014, proceeds from the exercise of 26,000 stock options and 40,000 stock options, respectively, were $1.2 million and $1.6 million, respectively, resulting in a tax benefit to GAMCO of $0.1 million and $0.3 million, respectively.

    Stock Repurchase Program
     
    In March 1999, GAMCO's Board of Directors established the Stock Repurchase Program to grant management the authority to repurchase shares of our Class A Common Stock.  On August 4, 2015, our Board of Directors authorized an incremental 500,000 shares to be added to the current buyback authorization.  For the three months ended September 30, 2015 and September 30, 2014, the Company repurchased 172,007 shares and 94,942 shares, respectively, at an average price per share of $61.11 and $77.67, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, the Company repurchased 321,488 shares and 319,662 shares, respectively, at an average price per share of $66.96 and $78.43, respectively.  From the inception of the program through September 30, 2015, 9,447,513 shares have been repurchased at an average price of $44.70 per share.  At September 30, 2015, the total shares available under the program to be repurchased in the future were 687,295.

    XML 44 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
    CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED (Parenthetical) - USD ($)
    $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2015
    Sep. 30, 2014
    Sep. 30, 2015
    Sep. 30, 2014
    Comprehensive Income [Abstract]        
    Net unrealized gains on securities available for sale, income tax $ (3,932) $ (1,414) $ (4,356) $ (4,013)
    XML 45 R12.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Investment in Securities
    9 Months Ended
    Sep. 30, 2015
    Investment in Securities [Abstract]  
    Investment in Securities
    B.  Investment in Securities

    Investments in securities at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
     
     
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
     
     
     
    (In thousands)
     
    Trading securities:
     
      
      
      
      
      
     
    Government obligations
     
    $
    -
      
    $
    -
      
    $
    18,994
      
    $
    18,996
      
    $
    20,995
      
    $
    20,999
     
    Common stocks
      
    78,025
       
    87,745
       
    170,977
       
    195,029
       
    167,714
       
    190,939
     
    Mutual funds
      
    2,504
       
    3,180
       
    2,432
       
    3,498
       
    2,416
       
    3,373
     
    Other investments
      
    505
       
    723
       
    743
       
    1,704
       
    753
       
    1,550
     
    Total trading securities
      
    81,034
       
    91,648
       
    193,146
       
    219,227
       
    191,878
       
    216,861
     
     
                            
    Available for sale securities:
                            
    Common stocks
      
    13,561
       
    34,095
       
    13,637
       
    38,942
       
    14,228
       
    36,380
     
    Mutual funds
      
    627
       
    1,174
       
    681
       
    1,368
       
    681
       
    1,389
     
    Total available for sale securities
      
    14,188
       
    35,269
       
    14,318
       
    40,310
       
    14,909
       
    37,769
     
     
                            
    Total investments in securities
     
    $
    95,222
      
    $
    126,917
      
    $
    207,464
      
    $
    259,537
      
    $
    206,787
      
    $
    254,630
     

    Securities sold, not yet purchased at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
     
     
    Proceeds
      
    Fair Value
      
    Proceeds
      
    Fair Value
      
    Proceeds
      
    Fair Value
     
    Trading securities:
     
    (In thousands)
     
    Common stocks
     
    $
    6,123
      
    $
    5,482
      
    $
    9,835
      
    $
    9,960
      
    $
    11,699
      
    $
    13,514
     
    Other investments
      
    8
       
    95
       
    1
       
    635
       
    71
       
    666
     
    Total securities sold, not yet purchased
     
    $
    6,131
      
    $
    5,577
      
    $
    9,836
      
    $
    10,595
      
    $
    11,770
      
    $
    14,180
     

    Investments in sponsored registered investment companies at September 30, 2015, December 31,2014 and September 30, 2014 consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
     
     
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
     
     
     
    (In thousands)
     
    Trading securities:
     
      
      
      
      
      
     
    Mutual funds
     
    $
    40,097
      
    $
    41,820
      
    $
    1
      
    $
    1
      
    $
    1
      
    $
    1
     
    Total trading securities
      
    40,097
       
    41,820
       
    1
       
    1
       
    1
       
    1
     
     
                            
    Available for sale securities:
                            
    Closed-end funds
      
    63,068
       
    70,349
       
    21,962
       
    36,323
       
    21,819
       
    36,142
     
    Mutual funds
      
    1,883
       
    2,877
       
    1,898
       
    3,213
       
    1,922
       
    3,377
     
    Total available for sale securities
      
    64,951
       
    73,226
       
    23,860
       
    39,536
       
    23,741
       
    39,519
     
     
                            
    Total investments in sponsored
                            
       registered investment companies
     
    $
    105,048
      
    $
    115,046
      
    $
    23,861
      
    $
    39,537
      
    $
    23,742
      
    $
    39,520
     

    Management determines the appropriate classification of debt and equity securities at the time of purchase and reevaluates such designation as of the date of each consolidated statement of financial condition.  Investments in United States Treasury Bills and Notes with maturities of greater than three months at the time of purchase are classified as investments in securities, and those with maturities of three months or less at the time of purchase are classified as cash equivalents.  The portion of investments in securities held for resale in anticipation of short-term market movements are classified as trading securities.  Trading securities are stated at fair value, with any unrealized gains or losses reported in current period earnings.  Available for sale ("AFS") investments are stated at fair value, with any unrealized gains or losses, net of taxes, reported as a component of equity except for losses deemed to be other than temporary ("OTT") which are recorded as realized losses in the condensed consolidated statements of income.

    The following table identifies all reclassifications out of accumulated other comprehensive income ("AOCI") into income for the three and nine months ended September 30, 2015 and 2014 (in thousands):
     
    Amount
     
    Affected Line Items
    Reason for
    Reclassified
     
    in the Statements
    Reclassification
    from AOCI
     
    Of Income
    from AOCI
    Three months ended September 30,
     
     
      
    2015
      
    2014
        
     
    $
    -
      
    $
    348
     
     Net gain/(loss) from investments
     Realized gain on sale of AFS securities
      
    45
       
    -
     
     Other operating expenses/net gain from investments
     Realized gain on donation of AFS securities
      
    (150
    )
      
    -
     
     Net gain/(loss) from investments
     OTT impairment of AFS securities
      
    (105
    )
      
    348
     
     Income before income taxes
     
      
    39
       
    (129
    )
     Income tax provision
     
     
    $
    (66
    )
     
    $
    219
     
     Net income
     
                   
    Amount
     
    Affected Line Items
    Reason for
    Reclassified
     
    in the Statements
    Reclassification
    from AOCI
     
    Of Income
    from AOCI
    Nine months ended September 30,
        
      
    2015
       
    2014
        
     
    $
    30
      
    $
    3,511
     
     Net gain/(loss) from investments
     Realized gain on sale of AFS securities
      
    80
       
    3,639
     
     Other operating expenses/net gain from investments
     Realized gain on donation of AFS securities
      
    (150
    )
      
    (69
    )
     Net gain/(loss) from investments
     OTT impairment of AFS securities
      
    (40
    )
      
    7,081
     
     Income before income taxes
     
      
    15
       
    (2,620
    )
     Income tax provision
     
     
    $
    (25
    )
     
    $
    4,461
     
     Net income
     
                   
            
     
          

    The Company recognizes all derivatives as either assets or liabilities measured at fair value and includes them in either investments in securities or securities sold, not yet purchased on the condensed consolidated statements of financial condition.  From time to time, the Company and/or the partnerships and offshore funds that the Company consolidates will enter into hedging transactions to manage their exposure to foreign currencies and equity prices related to their proprietary investments.  At September 30, 2015, December 31, 2014 and September 30, 2014, we held derivative contracts on 170,000 equity shares, 3.8 million equity shares and 2.3 million equity shares, respectively, that are included in investments in securities or securities sold, not yet purchased on the condensed consolidated statements of financial condition.   We had two, one and one foreign exchange contracts outstanding at September 30, 2015, December 31, 2014 and September 30, 2014, respectively, that are included in receivable from brokers or payable to brokers on the condensed consolidated statements of financial condition.  Aside from one foreign exchange contract, these transactions are not designated as hedges for accounting purposes, and therefore changes in fair values of these derivatives are included in net gain/(loss) from investments on the condensed consolidated statements of income.  The one foreign exchange contract that is designated as a hedge was for a short of British Pounds to hedge the long investment that we have in our London Stock Exchange listed Gabelli Value Plus+ Trust Ltd. closed-end fund which is denominated in British Pounds.  As the underlying investment that is being hedged is an available for sale security, the portion of the change in value of the closed-end fund that is currency related is recorded in net gain/(loss) from investments on the condensed consolidated statements of income and not in accumulated comprehensive income.
     
    The following tables identify the fair values and gains and losses of all derivatives held by the Company (in thousands):

     
      
     
    Asset Derivatives Fair Value
     
     
     
    Liability Derivatives Fair Value
     
    Balance Sheet Location
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
    Balance Sheet Location
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
    Derivatives designated as hedging instruments under
      
      
     
     
     
      
      
     
        FASB ASC 815-20                  
    Foreign exchange contracts
    Receivable from brokers
     
    $
    -
      
    $
    -
      
    $
    -
     
    Payable to brokers
     
    $
    36,354
      
    $
    -
      
    $
    -
     
    Sub total
     
     
    $
    -
      
    $
    -
      
    $
    -
     
     
     
    $
    36,354
      
    $
    -
      
    $
    -
     
    Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20
             
     
                
     Investments in             Securities sold,             
    Equity contracts
    securities
     
    $
    143
      
    $
    896
      
    $
    800
     
     not yet purchased
     
    $
    95
      
    $
    635
      
    $
    666
     
    Foreign exchange contracts
    Receivable from brokers
      
    -
       
    -
       
    -
     
    Payable to brokers
      
    5,172
       
    5,470
       
    6,343
     
    Sub total
     
     
    $
    143
      
    $
    896
      
    $
    800
     
     
     
    $
    5,267
      
    $
    6,105
      
    $
    7,009
     
    Total derivatives
     
     
    $
    143
      
    $
    896
      
    $
    800
     
     
     
    $
    41,621
      
    $
    6,105
      
    $
    7,009
     


    Type of Derivative
    Income Statement Location
    Three Months ended September 30,
     
    Nine Months ended September 30,
     
     
      
    2015
     
    2014
     
    2015
     
    2014
     
    Foreign exchange contracts
    Net gain/(loss) from investments
     
    $
    1,985
      
    $
    482
      
    $
    1,885
      
    $
    541
     
    Equity contracts
    Net gain/(loss) from investments
      
    27
       
    758
       
    199
       
    591
     
    Total
     
     
    $
    2,012
      
    $
    1,240
      
    $
    2,084
      
    $
    1,132
     


    The Company is a party to enforceable master netting arrangements for swaps entered into as part of the investment strategy of the Company's proprietary portfolio.  They are typically not used as hedging instruments.  These swaps, while settled on a net basis with the counterparties, major U.S. financial institutions, are shown gross in assets and liabilities on the condensed consolidated statements of financial condition.  The swaps have a firm contract end date and are closed out and settled when each contract expires. 


            
    Gross Amounts Not Offset in the
     
            
    Statements of Financial Condition
     
      
    Gross
      
    Gross Amounts
      
    Net Amounts of
           
      
    Amounts of
      
    Offset in the
      
    Assets Presented
           
      
    Recognized
      
    Statements of
      
    in the Statements of
      
    Financial
      
    Cash Collateral
       
      
    Assets
      
    Financial Condition
      
    Financial Condition
      
    Instruments
      
    Received
      
    Net Amount
     
    Swaps:
     
    (in thousands)
     
    September 30, 2015
     
    $
    143
      
    $
    -
      
    $
    143
      
    $
    (89
    )
     
    $
    -
      
    $
    54
     
    December 31, 2014
      
    896
       
    -
       
    896
       
    (634
    )
      
    -
       
    262
     
    September 30, 2014
     
    $
    800
      
    $
    -
      
    $
    800
      
    $
    (657
    )
     
    $
    -
      
    $
    143
     
                             
                  
    Gross Amounts Not Offset in the
     
                  
    Statements of Financial Condition
     
      
    Gross
      
    Gross Amounts
      
    Net Amounts of
                 
      
    Amounts of
      
    Offset in the
      
    Liabilities Presented
                 
      
    Recognized
      
    Statements of
      
    in the Statements of
      
    Financial
      
    Cash Collateral
         
      
    Liabilities
      
    Financial Condition
      
    Financial Condition
      
    Instruments
      
    Pledged
      
    Net Amount
     
    Swaps:
     
    (in thousands)
     
    September 30, 2015
     
    $
    89
      
    $
    -
      
    $
    89
      
    $
    (89
    )
     
    $
    -
      
    $
    -
     
    December 31, 2014
      
    634
       
    -
       
    634
       
    (634
    )
      
    -
       
    -
     
    September 30, 2014
     
    $
    657
      
    $
    -
      
    $
    657
      
    $
    (657
    )
     
    $
    -
      
    $
    -
     

    The following is a summary of the cost, gross unrealized gains, gross unrealized losses and fair value of available for sale investments as of September 30, 2015, December 31, 2014 and September 30, 2014:

     
     
    September 30, 2015
     
        
    Gross
      
    Gross
       
        
    Unrealized
      
    Unrealized
       
     
     
    Cost
      
    Gains
      
    Losses
      
    Fair Value
     
     
     
    (In thousands)
     
    Common stocks
     
    $
    13,561
      
    $
    20,534
      
    $
    -
      
    $
    34,095
     
    Closed-end Funds
      
    63,068
       
    10,128
       
    (2,847
    )
      
    70,349
     
    Mutual funds
      
    2,510
       
    1,620
       
    (79
    )
      
    4,051
     
    Total available for sale securities
     
    $
    79,139
      
    $
    32,282
      
    $
    (2,926
    )
     
    $
    108,495
     

     
     
    December 31, 2014
     
        
    Gross
      
    Gross
       
        
    Unrealized
      
    Unrealized
       
     
     
    Cost
      
    Gains
      
    Losses
      
    Fair Value
     
     
     
    (In thousands)
     
    Common stocks
     
    $
    13,637
      
    $
    25,305
      
    $
    -
      
    $
    38,942
     
    Closed-end Funds
      
    21,962
       
    14,398
       
    (37
    )
      
    36,323
     
    Mutual funds
      
    2,579
       
    2,030
       
    (28
    )
      
    4,581
     
    Total available for sale securities
     
    $
    38,178
      
    $
    41,733
      
    $
    (65
    )
     
    $
    79,846
     

     
     
    September 30, 2014
     
        
    Gross
      
    Gross
       
        
    Unrealized
      
    Unrealized
       
     
     
    Cost
      
    Gains
      
    Losses
      
    Fair Value
     
     
     
    (In thousands)
     
    Common stocks
     
    $
    14,228
      
    $
    22,152
      
    $
    -
      
    $
    36,380
     
    Closed-end Funds
      
    21,819
       
    14,325
       
    (2
    )
      
    36,142
     
    Mutual funds
      
    2,603
       
    2,163
       
    -
       
    4,766
     
    Total available for sale securities
     
    $
    38,650
      
    $
    38,640
      
    $
    (2
    )
     
    $
    77,288
     

    Changes in net unrealized losses, net of taxes, for the three months ended September 30, 2015 and September 30, 2014 of ($6.7) million in losses and ($2.4) million in losses, respectively, have been included in other comprehensive income, a component of equity, at September 30, 2015 and September 30, 2014.  Return of capital on available for sale securities was $0.3 million and $0.3 million for the three months ended September 30, 2015 and September 30, 2014, respectively.  During the three months ended September 30, 2015, there were no proceeds from the sales of investments available for sale and no gross gains on the sale of investments available for sale.  Proceeds from sales of investments available for sale were approximately $1.5 million for the three months ended September 30, 2014.  For the three months ended September 30, 2014, gross gains on the sale of investments available for sale amounted to $0.3 million and were reclassified from other comprehensive income into net gain from investments in the condensed consolidated statements of income.  There were no losses on the sale of investments available for sale for the three months ended September 30, 2015 or September 30, 2014.  Changes in net unrealized losses, net of taxes, for the nine months ended September 30, 2015 and September 30, 2014 of $(7.4) million in losses and $(6.8) million in losses, respectively, have been included in other comprehensive income, a component of equity, at September 30, 2015 and September 30, 2014.  Return of capital on available for sale securities was $0.6 million and $0.8 million for the nine months ended September 30, 2015 and September 30, 2014, respectively.  Proceeds from sales of investments available for sale were approximately $1.1 million and $8.0 million for the nine months ended September 30, 2015 and September 30, 2014, respectively.  For the nine months ended September 30, 2015 and September 30, 2014, gross gains on the sale of investments available for sale amounted to $30,000 and $3.5 million, respectively, and were reclassified from other comprehensive income into net gain from investments in the condensed consolidated statements of income.  There were no losses on the sale of investments available for sale for the nine months ended September 30, 2015 or September 30, 2014.  The basis on which the cost of a security sold is determined using specific identification.
     

    Investments classified as available for sale that are in an unrealized loss position for which other-than-temporary impairment has not been recognized consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
        
    Unrealized
          
    Unrealized
          
    Unrealized
       
     
     
    Cost
      
    Losses
      
    Fair Value
      
    Cost
      
    Losses
      
    Fair Value
      
    Cost
      
    Losses
      
    Fair Value
     
    (in thousands)
                      
    Cosed-end funds
     
    $
    40,537
      
    $
    (2,847
    )
     
    $
    37,690
      
    $
    812
      
    $
    (37
    )
     
    $
    775
      
    $
    79
      
    $
    (2
    )
     
    $
    77
     
    Mutual Funds
      
    303
       
    (79
    )
      
    224
       
    303
       
    (28
    )
      
    275
       
    -
       
    -
       
    -
     
    Total available for sale securities
     
    $
    40,840
      
    $
    (2,926
    )
     
    $
    37,914
      
    $
    1,115
      
    $
    (65
    )
     
    $
    1,050
      
    $
    79
      
    $
    (2
    )
     
    $
    77
     

    At September 30, 2015, there were four holdings in loss positions which were not deemed to be other-than-temporarily impaired due to the length of time that they had been in a loss position and because they passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.  In these specific instances, the investments at September 30, 2015 were mutual funds and closed-end funds with diversified holdings across multiple companies and across multiple industries.  One holding was impaired for two months, one holding was impaired for three months, one holding was impaired for seven months and one holding was impaired for eight months at September 30, 2015.  The value of these holdings at September 30, 2015 was $37.9 million.

    At December 31, 2014, there were four holdings in loss positions which were not deemed to be other-than-temporarily impaired due to the length of time that they had been in a loss position and because they passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.  In these specific instances, the investments at December 31, 2014 were mutual funds and closed-end funds with diversified holdings across multiple companies and across multiple industries.  One holding was impaired for one month, one for three months and two for four months at December 31, 2014. The value of these holdings at December 31, 2014 was $1.1 million.

    At September 30, 2014, there was one holding in a loss position which was not deemed to be other-than-temporarily impaired due to the length of time that it had been in a loss position and because it passed scrutiny in our evaluation of issuer-specific and industry-specific considerations.  In this specific instance, the investment at September 30, 2014 was a closed-end fund with diversified holdings across multiple companies and across multiple industries.  The one holding was impaired for one month at September 30, 2014.  The value of this holding at September 30, 2014 was $0.1 million.

    For the three months ended September 30, 2015 there were $150,000 of losses on available for sale securities deemed to be other than temporary and a loss has been recorded in net gain from investments.  There were no losses recognized on AFS securities for the three months ended September 30, 2014.  For the nine months ended September 30, 2015 and September 30, 2014, there were $150,000 and $69,000, respectively, of losses on available for sale securities deemed to be other than temporary and a loss has been recorded in net gain from investments.
     
    XML 46 R11.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Significant Accounting Policies
    9 Months Ended
    Sep. 30, 2015
    Significant Accounting Policies [Abstract]  
    Significant Accounting Policies
    A.  Significant Accounting Policies

    Basis of Presentation

    Unless we have indicated otherwise, or the context otherwise requires, references in this report to "GAMCO Investors, Inc.," "GAMCO," "the Company," "GBL," "we," "us" and "our" or similar terms are to GAMCO Investors, Inc., its predecessors and its subsidiaries.
     
    The unaudited interim condensed consolidated financial statements of GAMCO included herein have been prepared in conformity with generally accepted accounting principles ("GAAP") in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by U.S. GAAP in the United States for complete financial statements.  In the opinion of management, the unaudited interim condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary for a fair presentation of financial position, results of operations and cash flows of GAMCO for the interim periods presented and are not necessarily indicative of a full year's results.
     
    The interim condensed consolidated financial statements include the accounts of GAMCO and its subsidiaries.  Intercompany accounts and transactions are eliminated.
     
    These interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 from which the accompanying condensed consolidated financial statements were derived.

    Use of Estimates

    The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported on the interim condensed consolidated financial statements and accompanying notes.  Actual results could differ from those estimates.

    Recent Accounting Developments

    In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, "Revenue from Contracts with Customers," which supersedes the revenue recognition requirements in the Accounting Standards Codification ("Codification") Topic 605, Revenue Recognition, and most industry-specific guidance throughout the industry topics of the Codification.  The core principle of the new ASU No. 2014-09 is for companies to recognize revenue from the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services.  The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition.  The ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods and is to be retrospectively applied.  Early adoption is not permitted.  The Company is currently evaluating this guidance and the impact it will have on its consolidated financial statements.

    In June 2014, the FASB issued an accounting update clarifying that entities should treat performance targets that could be met after the requisite service period of a share-based payment award as performance conditions that affect vesting.  Therefore, an entity would not record compensation expense (measured as of the grant date) for an award where transfer to the employee is contingent upon satisfaction of the performance target until it becomes probable that the performance target will be met.  The guidance is effective for the Company beginning January 1, 2016.  Early adoption is permitted.  This guidance is not expected to have a material impact on the Company's consolidated financial statements.

    In February 2015, the FASB issued an accounting update amending the consolidation requirements under GAAP.  This guidance is effective for the Company beginning January 1, 2016.  Early adoption is permitted.  The Company is continuing to analyze the impact, if any, that this update may have on its consolidated financial statements.


    In May 2015, the FASB issued new guidance amending the current disclosure requirements for investments in certain entities that calculate net asset value per share.  The guidance requires investments for which fair value is measured using the net asset value per share practical expedient be removed from the fair value hierarchy.  Instead, those investment amounts shall be provided as a separate item to permit reconciliation of the fair value of investments included in the fair value hierarchy to the line items presented in the statement of financial condition.  This new guidance will be effective for the Company's first quarter of 2016.  The Company is currently evaluating the potential impact on its consolidated financial statements and related disclosures.

    XML 47 R23.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Investment in Securities (Tables)
    9 Months Ended
    Sep. 30, 2015
    Investment in Securities [Abstract]  
    Investments in securities
    Investments in securities at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
     
     
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
     
     
     
    (In thousands)
     
    Trading securities:
     
      
      
      
      
      
     
    Government obligations
     
    $
    -
      
    $
    -
      
    $
    18,994
      
    $
    18,996
      
    $
    20,995
      
    $
    20,999
     
    Common stocks
      
    78,025
       
    87,745
       
    170,977
       
    195,029
       
    167,714
       
    190,939
     
    Mutual funds
      
    2,504
       
    3,180
       
    2,432
       
    3,498
       
    2,416
       
    3,373
     
    Other investments
      
    505
       
    723
       
    743
       
    1,704
       
    753
       
    1,550
     
    Total trading securities
      
    81,034
       
    91,648
       
    193,146
       
    219,227
       
    191,878
       
    216,861
     
     
                            
    Available for sale securities:
                            
    Common stocks
      
    13,561
       
    34,095
       
    13,637
       
    38,942
       
    14,228
       
    36,380
     
    Mutual funds
      
    627
       
    1,174
       
    681
       
    1,368
       
    681
       
    1,389
     
    Total available for sale securities
      
    14,188
       
    35,269
       
    14,318
       
    40,310
       
    14,909
       
    37,769
     
     
                            
    Total investments in securities
     
    $
    95,222
      
    $
    126,917
      
    $
    207,464
      
    $
    259,537
      
    $
    206,787
      
    $
    254,630
     

    Securities sold, not yet purchased
    Securities sold, not yet purchased at September 30, 2015, December 31, 2014 and September 30, 2014 consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
     
     
    Proceeds
      
    Fair Value
      
    Proceeds
      
    Fair Value
      
    Proceeds
      
    Fair Value
     
    Trading securities:
     
    (In thousands)
     
    Common stocks
     
    $
    6,123
      
    $
    5,482
      
    $
    9,835
      
    $
    9,960
      
    $
    11,699
      
    $
    13,514
     
    Other investments
      
    8
       
    95
       
    1
       
    635
       
    71
       
    666
     
    Total securities sold, not yet purchased
     
    $
    6,131
      
    $
    5,577
      
    $
    9,836
      
    $
    10,595
      
    $
    11,770
      
    $
    14,180
     

    Investments in sponsored registered investment companies
    Investments in sponsored registered investment companies at September 30, 2015, December 31,2014 and September 30, 2014 consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
     
     
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
      
    Cost
      
    Fair Value
     
     
     
    (In thousands)
     
    Trading securities:
     
      
      
      
      
      
     
    Mutual funds
     
    $
    40,097
      
    $
    41,820
      
    $
    1
      
    $
    1
      
    $
    1
      
    $
    1
     
    Total trading securities
      
    40,097
       
    41,820
       
    1
       
    1
       
    1
       
    1
     
     
                            
    Available for sale securities:
                            
    Closed-end funds
      
    63,068
       
    70,349
       
    21,962
       
    36,323
       
    21,819
       
    36,142
     
    Mutual funds
      
    1,883
       
    2,877
       
    1,898
       
    3,213
       
    1,922
       
    3,377
     
    Total available for sale securities
      
    64,951
       
    73,226
       
    23,860
       
    39,536
       
    23,741
       
    39,519
     
     
                            
    Total investments in sponsored
                            
       registered investment companies
     
    $
    105,048
      
    $
    115,046
      
    $
    23,861
      
    $
    39,537
      
    $
    23,742
      
    $
    39,520
     

    Reclassifications out of accumulated other comprehensive income
    The following table identifies all reclassifications out of accumulated other comprehensive income ("AOCI") into income for the three and nine months ended September 30, 2015 and 2014 (in thousands):
     
    Amount
     
    Affected Line Items
    Reason for
    Reclassified
     
    in the Statements
    Reclassification
    from AOCI
     
    Of Income
    from AOCI
    Three months ended September 30,
     
     
      
    2015
      
    2014
        
     
    $
    -
      
    $
    348
     
     Net gain/(loss) from investments
     Realized gain on sale of AFS securities
      
    45
       
    -
     
     Other operating expenses/net gain from investments
     Realized gain on donation of AFS securities
      
    (150
    )
      
    -
     
     Net gain/(loss) from investments
     OTT impairment of AFS securities
      
    (105
    )
      
    348
     
     Income before income taxes
     
      
    39
       
    (129
    )
     Income tax provision
     
     
    $
    (66
    )
     
    $
    219
     
     Net income
     
                   
    Amount
     
    Affected Line Items
    Reason for
    Reclassified
     
    in the Statements
    Reclassification
    from AOCI
     
    Of Income
    from AOCI
    Nine months ended September 30,
        
      
    2015
       
    2014
        
     
    $
    30
      
    $
    3,511
     
     Net gain/(loss) from investments
     Realized gain on sale of AFS securities
      
    80
       
    3,639
     
     Other operating expenses/net gain from investments
     Realized gain on donation of AFS securities
      
    (150
    )
      
    (69
    )
     Net gain/(loss) from investments
     OTT impairment of AFS securities
      
    (40
    )
      
    7,081
     
     Income before income taxes
     
      
    15
       
    (2,620
    )
     Income tax provision
     
     
    $
    (25
    )
     
    $
    4,461
     
     Net income
     
                   
            
     
          

    Schedule of derivative instruments in statement of financial position, fair value

     
      
     
    Asset Derivatives Fair Value
     
     
     
    Liability Derivatives Fair Value
     
    Balance Sheet Location
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
    Balance Sheet Location
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
    Derivatives designated as hedging instruments under
      
      
     
     
     
      
      
     
        FASB ASC 815-20                  
    Foreign exchange contracts
    Receivable from brokers
     
    $
    -
      
    $
    -
      
    $
    -
     
    Payable to brokers
     
    $
    36,354
      
    $
    -
      
    $
    -
     
    Sub total
     
     
    $
    -
      
    $
    -
      
    $
    -
     
     
     
    $
    36,354
      
    $
    -
      
    $
    -
     
    Derivatives Not Designated As Hedging Instruments Under Fasb Asc 815-20
             
     
                
     Investments in             Securities sold,             
    Equity contracts
    securities
     
    $
    143
      
    $
    896
      
    $
    800
     
     not yet purchased
     
    $
    95
      
    $
    635
      
    $
    666
     
    Foreign exchange contracts
    Receivable from brokers
      
    -
       
    -
       
    -
     
    Payable to brokers
      
    5,172
       
    5,470
       
    6,343
     
    Sub total
     
     
    $
    143
      
    $
    896
      
    $
    800
     
     
     
    $
    5,267
      
    $
    6,105
      
    $
    7,009
     
    Total derivatives
     
     
    $
    143
      
    $
    896
      
    $
    800
     
     
     
    $
    41,621
      
    $
    6,105
      
    $
    7,009
     
    Schedule of derivative instruments, gain (loss)

    Type of Derivative
    Income Statement Location
    Three Months ended September 30,
     
    Nine Months ended September 30,
     
     
      
    2015
     
    2014
     
    2015
     
    2014
     
    Foreign exchange contracts
    Net gain/(loss) from investments
     
    $
    1,985
      
    $
    482
      
    $
    1,885
      
    $
    541
     
    Equity contracts
    Net gain/(loss) from investments
      
    27
       
    758
       
    199
       
    591
     
    Total
     
     
    $
    2,012
      
    $
    1,240
      
    $
    2,084
      
    $
    1,132
     
    Master netting arrangements for swaps
    The Company is a party to enforceable master netting arrangements for swaps entered into as part of the investment strategy of the Company's proprietary portfolio.  They are typically not used as hedging instruments.  These swaps, while settled on a net basis with the counterparties, major U.S. financial institutions, are shown gross in assets and liabilities on the condensed consolidated statements of financial condition.  The swaps have a firm contract end date and are closed out and settled when each contract expires. 


            
    Gross Amounts Not Offset in the
     
            
    Statements of Financial Condition
     
      
    Gross
      
    Gross Amounts
      
    Net Amounts of
           
      
    Amounts of
      
    Offset in the
      
    Assets Presented
           
      
    Recognized
      
    Statements of
      
    in the Statements of
      
    Financial
      
    Cash Collateral
       
      
    Assets
      
    Financial Condition
      
    Financial Condition
      
    Instruments
      
    Received
      
    Net Amount
     
    Swaps:
     
    (in thousands)
     
    September 30, 2015
     
    $
    143
      
    $
    -
      
    $
    143
      
    $
    (89
    )
     
    $
    -
      
    $
    54
     
    December 31, 2014
      
    896
       
    -
       
    896
       
    (634
    )
      
    -
       
    262
     
    September 30, 2014
     
    $
    800
      
    $
    -
      
    $
    800
      
    $
    (657
    )
     
    $
    -
      
    $
    143
     
                             
                  
    Gross Amounts Not Offset in the
     
                  
    Statements of Financial Condition
     
      
    Gross
      
    Gross Amounts
      
    Net Amounts of
                 
      
    Amounts of
      
    Offset in the
      
    Liabilities Presented
                 
      
    Recognized
      
    Statements of
      
    in the Statements of
      
    Financial
      
    Cash Collateral
         
      
    Liabilities
      
    Financial Condition
      
    Financial Condition
      
    Instruments
      
    Pledged
      
    Net Amount
     
    Swaps:
     
    (in thousands)
     
    September 30, 2015
     
    $
    89
      
    $
    -
      
    $
    89
      
    $
    (89
    )
     
    $
    -
      
    $
    -
     
    December 31, 2014
      
    634
       
    -
       
    634
       
    (634
    )
      
    -
       
    -
     
    September 30, 2014
     
    $
    657
      
    $
    -
      
    $
    657
      
    $
    (657
    )
     
    $
    -
      
    $
    -
     

    Summary of Available-for-sale Securities
    The following is a summary of the cost, gross unrealized gains, gross unrealized losses and fair value of available for sale investments as of September 30, 2015, December 31, 2014 and September 30, 2014:

     
     
    September 30, 2015
     
        
    Gross
      
    Gross
       
        
    Unrealized
      
    Unrealized
       
     
     
    Cost
      
    Gains
      
    Losses
      
    Fair Value
     
     
     
    (In thousands)
     
    Common stocks
     
    $
    13,561
      
    $
    20,534
      
    $
    -
      
    $
    34,095
     
    Closed-end Funds
      
    63,068
       
    10,128
       
    (2,847
    )
      
    70,349
     
    Mutual funds
      
    2,510
       
    1,620
       
    (79
    )
      
    4,051
     
    Total available for sale securities
     
    $
    79,139
      
    $
    32,282
      
    $
    (2,926
    )
     
    $
    108,495
     

     
     
    December 31, 2014
     
        
    Gross
      
    Gross
       
        
    Unrealized
      
    Unrealized
       
     
     
    Cost
      
    Gains
      
    Losses
      
    Fair Value
     
     
     
    (In thousands)
     
    Common stocks
     
    $
    13,637
      
    $
    25,305
      
    $
    -
      
    $
    38,942
     
    Closed-end Funds
      
    21,962
       
    14,398
       
    (37
    )
      
    36,323
     
    Mutual funds
      
    2,579
       
    2,030
       
    (28
    )
      
    4,581
     
    Total available for sale securities
     
    $
    38,178
      
    $
    41,733
      
    $
    (65
    )
     
    $
    79,846
     

     
     
    September 30, 2014
     
        
    Gross
      
    Gross
       
        
    Unrealized
      
    Unrealized
       
     
     
    Cost
      
    Gains
      
    Losses
      
    Fair Value
     
     
     
    (In thousands)
     
    Common stocks
     
    $
    14,228
      
    $
    22,152
      
    $
    -
      
    $
    36,380
     
    Closed-end Funds
      
    21,819
       
    14,325
       
    (2
    )
      
    36,142
     
    Mutual funds
      
    2,603
       
    2,163
       
    -
       
    4,766
     
    Total available for sale securities
     
    $
    38,650
      
    $
    38,640
      
    $
    (2
    )
     
    $
    77,288
     

    Investments classified as available for sale unrealized loss position
    Investments classified as available for sale that are in an unrealized loss position for which other-than-temporary impairment has not been recognized consisted of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
        
    Unrealized
          
    Unrealized
          
    Unrealized
       
     
     
    Cost
      
    Losses
      
    Fair Value
      
    Cost
      
    Losses
      
    Fair Value
      
    Cost
      
    Losses
      
    Fair Value
     
    (in thousands)
                      
    Cosed-end funds
     
    $
    40,537
      
    $
    (2,847
    )
     
    $
    37,690
      
    $
    812
      
    $
    (37
    )
     
    $
    775
      
    $
    79
      
    $
    (2
    )
     
    $
    77
     
    Mutual Funds
      
    303
       
    (79
    )
      
    224
       
    303
       
    (28
    )
      
    275
       
    -
       
    -
       
    -
     
    Total available for sale securities
     
    $
    40,840
      
    $
    (2,926
    )
     
    $
    37,914
      
    $
    1,115
      
    $
    (65
    )
     
    $
    1,050
      
    $
    79
      
    $
    (2
    )
     
    $
    77
     

    XML 48 R19.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Goodwill and Identifiable Intangible Assets
    9 Months Ended
    Sep. 30, 2015
    Goodwill and Identifiable Intangible Assets [Abstract]  
    Goodwill and Identifiable Intangible Assets
    I. Goodwill and Identifiable Intangible Assets

    At September 30, 2015, $3.5 million of goodwill is reflected within other assets on the condensed consolidated statements of financial condition with $3.3 million related to a 94%-owned subsidiary, Gabelli Securities, Inc. and $0.2 million related to G.distributors, LLC.  The Company assesses the recoverability of goodwill at least annually, or more often should events warrant, using a qualitative assessment of whether it is more likely than not that an impairment has occurred to determine if a quantitative analysis is required.  There were no indicators of impairment for the three months ended September 30, 2015 or September 30, 2014, and as such there was no impairment analysis performed or charge recorded.

    As a result of becoming the advisor to the Gabelli Enterprise Mergers and Acquisitions Fund and the associated consideration paid, the Company maintains an identifiable intangible asset of $1.9 million within other assets on the condensed consolidated statements of financial condition at September 30, 2015, December 31, 2014 and September 30, 2014.  The investment advisory agreement is subject to annual renewal by the fund's Board of Directors, which the Company expects to be renewed, and the Company does not expect to incur additional expense as a result, which is consistent with other investment advisory agreements entered into by the Company.  The advisory contract is next up for renewal in February 2016.  The Company assesses the recoverability of this intangible asset at least annually, or more often should events warrant.  There were no indicators of impairment for the three months ended September 30, 2015 or September 30, 2014, and as such there was no impairment analysis performed or charge recorded.


    XML 49 R15.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Income Taxes
    9 Months Ended
    Sep. 30, 2015
    Income Taxes [Abstract]  
    Income Taxes
    E. Income Taxes
     
    The effective tax rate ("ETR) for the three months ended September 30, 2015 and September 30, 2014 was 39.0% and 38.8%, respectively.  The effective tax rate for the nine months ended September 30, 2015 was 37.9% compared to 36.5% for the prior year nine month period.  During the nine month period ended September 30, 2014 we benefitted from the donation of appreciated securities used to fund our shareholder designated charitable contribution program.

    XML 50 R13.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Fair Value
    9 Months Ended
    Sep. 30, 2015
    Fair Value [Abstract]  
    Fair Value
    C. Fair Value

    The following tables present information about the Company's assets and liabilities by major categories measured at fair value on a recurring basis as of September 30, 2015, December 31, 2014 and September 30, 2014 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

    Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2015 (in thousands)

      
    Quoted Prices in Active
      
    Significant Other
      
    Significant
      
    Balance as of
     
      
    Markets for Identical
      
    Observable
      
    Unobservable
      
    September 30,
     
    Assets
     
    Assets (Level 1)
      
    Inputs (Level 2)
      
    Inputs (Level 3)
      
    2015
     
    Cash equivalents
     
    $
    425,392
      
    $
    -
      
    $
    -
      
    $
    425,392
     
    Investments in partnerships
      
    -
       
    14,319
       
    -
       
    14,319
     
    Investments in securities:
                    
    AFS - Common stocks
      
    34,095
       
    -
       
    -
       
    34,095
     
    AFS - Mutual funds
      
    1,174
       
    -
       
    -
       
    1,174
     
    Trading - Common stocks
      
    86,970
       
    -
       
    775
       
    87,745
     
    Trading - Mutual funds
      
    3,180
       
    -
       
    -
       
    3,180
     
    Trading - Other
      
    263
       
    143
       
    317
       
    723
     
    Total investments in securities
      
    125,682
       
    143
       
    1,092
       
    126,917
     
    Investments in sponsored registered investment companies:
                 
    AFS - Closed-end Funds
      
    70,349
       
    -
       
    -
       
    70,349
     
    AFS - Mutual Funds
      
    2,877
       
    -
       
    -
       
    2,877
     
    Trading - Mutual funds
      
    41,820
       
    -
       
    -
       
    41,820
     
    Total investments in sponsored
                    
    registered investment companies
      
    115,046
       
    -
       
    -
       
    115,046
     
    Total investments
      
    240,728
       
    14,462
       
    1,092
       
    256,282
     
    Total assets at fair value
     
    $
    666,120
      
    $
    14,462
      
    $
    1,092
      
    $
    681,674
     
    Liabilities
                    
    Trading - Common stocks
     
    $
    5,482
      
    $
    -
      
    $
    -
      
    $
    5,482
     
    Trading - Other
      
    -
       
    95
       
    -
       
    95
     
    Securities sold, not yet purchased
     
    $
    5,482
      
    $
    95
      
    $
    -
      
    $
    5,577
     

    Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014 (in thousands)

      
    Quoted Prices in Active
      
    Significant Other
      
    Significant
      
    Balance as of
     
      
    Markets for Identical
      
    Observable
      
    Unobservable
      
    December 31,
     
    Assets
     
    Assets (Level 1)
      
    Inputs (Level 2)
      
    Inputs (Level 3)
      
    2014
     
    Cash equivalents
     
    $
    297,971
      
    $
    -
      
    $
    -
      
    $
    297,971
     
    Investments in partnerships
      
    -
       
    23,803
       
    -
       
    23,803
     
    Investments in securities:
                    
    AFS - Common stocks
      
    38,942
       
    -
       
    -
       
    38,942
     
    AFS - Mutual funds
      
    1,368
       
    -
       
    -
       
    1,368
     
    Trading - Gov't obligations
      
    18,996
       
    -
       
    -
       
    18,996
     
    Trading - Common stocks
      
    193,735
       
    1
       
    1,293
       
    195,029
     
    Trading - Mutual funds
      
    3,498
       
    -
       
    -
       
    3,498
     
    Trading - Other
      
    513
       
    897
       
    294
       
    1,704
     
    Total investments in securities
      
    257,052
       
    898
       
    1,587
       
    259,537
     
    Investments in sponsored registered investment companies:
                 
    AFS - Closed-end Funds
      
    36,323
       
    -
       
    -
       
    36,323
     
    AFS - Mutual Funds
      
    3,213
       
    -
       
    -
       
    3,213
     
    Trading - Mutual funds
      
    1
       
    -
       
    -
       
    1
     
    Total investments in sponsored
                    
    registered investment companies
      
    39,537
       
    -
       
    -
       
    39,537
     
    Total investments
      
    296,589
       
    24,701
       
    1,587
       
    322,877
     
    Total assets at fair value
     
    $
    594,560
      
    $
    24,701
      
    $
    1,587
      
    $
    620,848
     
    Liabilities
                    
    Trading - Common stocks
     
    $
    9,960
      
    $
    -
      
    $
    -
      
    $
    9,960
     
    Trading - Other
      
    -
       
    635
       
    -
       
    635
     
    Securities sold, not yet purchased
     
    $
    9,960
      
    $
    635
      
    $
    -
      
    $
    10,595
     

    Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2014 (in thousands)

      
    Quoted Prices in Active
      
    Significant Other
      
    Significant
      
    Balance as of
     
      
    Markets for Identical
      
    Observable
      
    Unobservable
      
    September 30,
     
    Assets
     
    Assets (Level 1)
      
    Inputs (Level 2)
      
    Inputs (Level 3)
      
    2014
     
    Cash equivalents
     
    $
    358,210
      
    $
    -
      
    $
    -
      
    $
    358,210
     
    Investments in partnerships
      
    -
       
    24,094
       
    -
       
    24,094
     
    Investments in securities:
                    
    AFS - Common stocks
      
    36,380
       
    -
       
    -
       
    36,380
     
    AFS - Mutual funds
      
    1,389
       
    -
       
    -
       
    1,389
     
    Trading - Gov't obligations
      
    20,999
       
    -
       
    -
       
    20,999
     
    Trading - Common stocks
      
    190,215
       
    -
       
    724
       
    190,939
     
    Trading - Mutual funds
      
    3,373
       
    -
       
    -
       
    3,373
     
    Trading - Other
      
    453
       
    803
       
    294
       
    1,550
     
    Total investments in securities
      
    252,809
       
    803
       
    1,018
       
    254,630
     
    Investments in sponsored registered investment companies:
                 
    AFS - Closed-end Funds
      
    36,142
       
    -
       
    -
       
    36,142
     
    AFS - Mutual Funds
      
    3,377
       
    -
       
    -
       
    3,377
     
    Trading - Mutual funds
      
    1
       
    -
       
    -
       
    1
     
    Total investments in sponsored
                    
    registered investment companies
      
    39,520
       
    -
       
    -
       
    39,520
     
    Total investments
      
    292,329
       
    24,897
       
    1,018
       
    318,244
     
    Total assets at fair value
     
    $
    650,539
      
    $
    24,897
      
    $
    1,018
      
    $
    676,454
     
    Liabilities
                    
    Trading - Common stocks
     
    $
    13,514
      
    $
    -
      
    $
    -
      
    $
    13,514
     
    Trading - Other
      
    -
       
    666
       
    -
       
    666
     
    Securities sold, not yet purchased
     
    $
    13,514
      
    $
    666
      
    $
    -
      
    $
    14,180
     

    The following tables present additional information about assets by major categories measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value.

    Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2015 (in thousands)

          
    Total
               
          
    Unrealized
               
          
    Gains or
      
    Total
             
        
    Total Realized and
      
    (Losses)
      
    Realized
             
      
    June
      
    Unrealized Gains or
      
    Included in
      
    and
          
    Transfers
       
     
     
    30, 2015
      
    (Losses) in Income
      
    Other
      
    Unrealized
      
      
      
    In and/or
       
      
    Beginning
        
    AFS
      
    Comprehensive
      
    Gains or
          
    (Out) of
      
    Ending
     
    Asset
     
    Balance
      
    Trading
      
    Investments
      
    Income
      
    (Losses)
      
    Purchases
      
    Sales
      
    Level 3
      
    Balance
     
    Financial
     
      
      
      
      
      
      
      
      
     
    instruments owned:
      
      
      
      
      
      
      
      
     
    Trading - Common 
      
      
      
      
      
      
      
     
      stocks
     
    $
    920
      
    $
    (145
    )
     
    $
    -
      
    $
    -
      
    $
    (145
    )
     
    $
    -
      
    $
    -
      
    $
    -
      
    $
    775
     
    Trading - Other
      
    298
       
    19
       
    -
       
    -
       
    19
       
    -
       
    -
       
    -
       
    317
     
    Total
     
    $
    1,218
      
    $
    (126
    )
     
    $
    -
      
    $
    -
      
    $
    (126
    )
      
    -
      
    $
    -
      
    $
    -
      
    $
    1,092
     

    There were no transfers between any Levels during the three months ended September 30, 2015.

    Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Three Months Ended September 30, 2014 (in thousands)

          
    Total
               
          
    Unrealized
               
          
    Gains or
      
    Total
             
        
    Total Realized and
      
    (Losses)
      
    Realized
             
      
    June
      
    Unrealized Gains or
      
    Included in
      
    and
          
    Transfers
       
     
     
    30, 2014
      
    (Losses) in Income
      
    Other
      
    Unrealized
      
      
      
    In and/or
       
      
    Beginning
        
    AFS
      
    Comprehensive
      
    Gains or
          
    (Out) of
      
    Ending
     
    Asset
     
    Balance
      
    Trading
      
    Investments
      
    Income
      
    (Losses)
      
    Purchases
      
    Sales
      
    Level 3
      
    Balance
     
    Financial
     
      
      
      
      
      
      
      
      
     
    instruments owned:
                     
    Trading - Common                          
      stocks
     
    $
    716
      
    $
    8
      
    $
    -
      
    $
    -
      
    $
    8
      
    $
    -
      
    $
    -
      
    $
    -
      
    $
    724
     
    Trading - Other
      
    294
       
    -
       
    -
       
    -
       
    -
       
    -
       
    -
       
    -
       
    294
     
    Total
     
    $
    1,010
      
    $
    8
      
    $
    -
      
    $
    -
      
    $
    8
      
    $
    -
      
    $
    -
      
    $
    -
      
    $
    1,018
     

    There were no transfers between any Levels during the three months ended September 30, 2014.


    Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2015 (in thousands)

          
    Total
               
          
    Unrealized
               
          
    Gains or
      
    Total
             
        
    Total Realized and
      
    (Losses)
      
    Realized
             
      
    December
      
    Unrealized Gains or
      
    Included in
      
    and
          
    Transfers
       
     
     
    31, 2014
      
    (Losses) in Income
      
    Other
      
    Unrealized
      
      
      
    In and/or
       
      
    Beginning
        
    AFS
      
    Comprehensive
      
    Gains or
          
    (Out) of
      
    Ending
     
    Asset
     
    Balance
      
    Trading
      
    Investments
      
    Income
      
    (Losses)
      
    Purchases
      
    Sales
      
    Level 3
      
    Balance
     
    Financial
         
      
      
      
      
      
      
      
     
    instruments owned:
      
      
      
      
      
      
      
      
     
    Trading - Common  
      
      
      
      
      
      
      
     
      stocks
     
    $
    1,293
      
    $
    (166
    )
     
    $
    -
      
    $
    -
      
    $
    (166
    )
     
    $
    6
      
    $
    (358
    )
     
    $
    -
      
    $
    775
     
    Trading - Other
      
    294
       
    102
       
    -
       
    -
       
    102
       
    5
       
    (84
    )
      
    -
       
    317
     
    Total
     
    $
    1,587
      
    $
    (64
    )
     
    $
    -
      
    $
    -
      
    $
    (64
    )
      
    11
      
    $
    (442
    )
     
    $
    -
      
    $
    1,092
     

    There were securities with a value of $0.4 million that were transferred out of Level 3 as a result of the deconsolidation of an offshore fund during the first quarter of 2015 which are reflected in sales above.  There were no transfers between Levels 1 or 2 during the nine months ended September 30, 2015.

    Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Nine Months Ended September 30, 2014 (in thousands)

          
    Total
               
          
    Unrealized
               
          
    Gains or
      
    Total
             
        
    Total Realized and
      
    (Losses)
      
    Realized
             
      
    December
      
    Unrealized Gains or
      
    Included in
      
    and
          
    Transfers
       
     
     
    31, 2013
      
    (Losses) in Income
      
    Other
      
    Unrealized
      
      
      
    In and/or
       
      
    Beginning
        
    AFS
      
    Comprehensive
      
    Gains or
          
    (Out) of
      
    Ending
     
    Asset
     
    Balance
      
    Trading
      
    Investments
      
    Income
      
    (Losses)
      
    Purchases
      
    Sales
      
    Level 3
      
    Balance
     
    Financial
         
      
      
      
      
      
      
      
     
    instruments owned:
                     
    Trading - Common                         
      stocks
     
    $
    700
      
    $
    24
      
    $
    -
      
    $
    -
      
    $
    24
      
    $
    -
      
    $
    -
      
    $
    -
      
    $
    724
     
    Trading - Other
      
    284
       
    -
       
    -
       
    -
       
    -
       
    10
       
    -
       
    -
       
    294
     
    Total
     
    $
    984
      
    $
    24
      
    $
    -
      
    $
    -
      
    $
    24
      
    $
    10
      
    $
    -
      
    $
    -
      
    $
    1,018
     

    There were no transfers between any Levels during the nine months ended September 30, 2014.

    XML 51 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Investments in Partnerships, Offshore Funds and Variable Interest Entities
    9 Months Ended
    Sep. 30, 2015
    Investments in Partnerships, Offshore Funds and Variable Interests [Abstract]  
    Investments in Partnerships, Offshore Funds and Variable Interests
    D. Investments in Partnerships, Offshore Funds and Variable Interest Entities ("VIEs")
     
    The Company is general partner or co-general partner of various affiliated entities in which the Company has investments totaling $87.2 million, $94.2 million and $93.2 million at September 30, 2015, December 31, 2014 and September 30, 2014, respectively, and whose underlying assets consist primarily of marketable securities (the "affiliated entities"). We also have investments in unaffiliated entities of $13.8 million, $13.4 million and $14.2 million at September 30, 2015, December 31, 2014 and September 30, 2014, respectively (the "unaffiliated entities").  On a quarterly basis, we evaluate each entity for the appropriate accounting treatment and disclosure.  Certain of the affiliated entities, and none of the unaffiliated entities, are consolidated.

    For those entities where consolidation is not deemed to be appropriate, we report them in our condensed consolidated statement of financial condition under the caption "Investments in partnerships".  This caption includes those investments, in both affiliated and unaffiliated entities, which the Company accounts for under the equity method of accounting, as well as certain investments that the feeder funds hold that are carried at fair value, as described in Note C.  The Company reflects the equity in earnings of these equity method investees and the change in fair value of the consolidated feeder funds ("CFFs") under the caption Net gain/(loss) from investments on the condensed consolidated statements of income.

    The following table highlights the number of entities, including voting interest entities ("VOEs"), that we consolidate as well as under which accounting guidance they are consolidated, including CFFs, which retain their specialized investment company accounting in consolidation, partnerships and offshore funds.

    Entities consolidated
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    CFFs
     
    Partnerships
     
    Offshore Funds
     
    Total
     
     
    VIEs
    VOEs
     
    VIEs
    VOEs
     
    VIEs
    VOEs
     
    VIEs
    VOEs
    Entities consolidated at December 31, 2013
     
    1
    2
     
    -
    1
     
    -
    1
     
    1
    4
    Additional consolidated entities
     
    -
    -
     
    -
    -
     
    -
    -
     
    -
    -
    Deconsolidated entities
     
    -
    -
     
    -
    -
     
    -
    -
     
    -
    -
    Entities consolidated at September 30, 2014
     
    1
    2
     
    -
    1
     
    -
    1
     
    1
    4
    Additional consolidated entities
     
    -
    -
     
    -
    -
     
    -
    -
     
    -
    -
    Deconsolidated entities
     
    -
    -
     
    -
    -
     
    -
    -
     
    -
    -
    Entities consolidated at December 31, 2014
     
    1
    2
     
    -
    1
     
    -
    1
     
    1
    4
    Additional consolidated entities
     
    -
    1
     
    -
    1
     
    1
    -
     
    1
    2
    Deconsolidated entities
     
    -
    (1)
     
    -
    -
     
    -
    (1)
     
    -
    (2)
    Entities consolidated at September 30, 2015
     
    1
    2
     
    -
    2
     
    1
    -
     
    2
    4

    At and for the nine months ended September 30, 2015, the one CFF VIE is consolidated, as the Company has been determined to be the primary beneficiary because it has an equity interest and absorbs the majority of the expected losses and/or expected gains.  At and for the nine months ended September 30, 2015, the one CFF VOE and one Partnership VOE are consolidated because the unaffiliated partners or shareholders lack substantive kick-out rights, and the Company, as either the general partner or investment manager, is deemed to have control.  During the three months ended June 30, 2015, it was determined that an additional Partnership VOE should be consolidated when the Partnership was created on April 1, 2015 without unaffiliated capital and an Offshore Fund VIE should be consolidated as the last unaffiliated investor withdrew during the second quarter.  Additionally, during the three months ended March 31, 2015, an Offshore Fund VOE was deconsolidated as the Company's ownership percentage fell below 50%, a CFF VOE was deconsolidated when it was closed and a different CFF VOE was consolidated as the last unaffiliated investor withdrew on March 31, 2015.

    At and for the nine months ended September 30, 2014 and at December 31, 2014, one CFF VIE is consolidated, as the Company has been determined to be the primary beneficiary because it has an equity interest and absorbs the majority of the expected losses and/or expected gains.  At and for the nine months ended September 30, 2014 and at December 31, 2014, two CFF VOEs, one Partnership VOE and one Offshore Fund VOE are consolidated because the unaffiliated partners or shareholders lack substantive rights, and the Company, as either the general partner or investment manager, is deemed to have control.

    The following table breaks down the investments in partnerships line by accounting method, either fair value or equity method, and investment type (in thousands):

      
    September 30, 2015
     
     
    Investment Type
     
     
    Affiliated
     
    Unaffiliated
     
     
      
    Consolidated
              
    Accounting method
     
     Feeder Funds
     
    Partnerships
     
    Offshore Funds
     
    Partnerships
     
    Offshore Funds
     
    Total
     
     
     
     
     
     
     
     
     
     
     
     
     
    Fair Value
     
    $               14,317
     
    $               -
     
    $               -
     
    $               -
     
    $               -
     
    $               14,317
    Equity Method
     
    -
     
    38,318
     
    34,552
     
    6,286
     
    7,552
     
    86,708
     
     
               
    Total
     
    $               14,317
     
    $               38,318
     
    $               34,552
     
    $               6,286
     
    $               7,552
     
    $              101,025

      
    December 31, 2014
     
     
    Investment Type
     
     
    Affiliated
     
    Unaffiliated
     
     
      
    Consolidated
              
    Accounting method
     
     Feeder Funds
     
    Partnerships
     
    Offshore Funds
     
    Partnerships
     
    Offshore Funds
     
    Total
     
     
     
     
     
     
     
     
     
     
     
     
     
    Fair Value
     
    $               23,803
     
    $               -
     
    $               -
     
    $               -
     
    $               -
     
    $               23,803
    Equity Method
     
    -
     
    34,385
     
    36,033
     
    6,552
     
    6,864
     
    83,834
     
     
               
    Total
     
    $               23,803
     
    $               34,385
     
    $               36,033
     
    $               6,552
     
    $               6,864
     
    $               107,637

      
    September 30, 2014
     
     
    Investment Type
     
     
    Affiliated
     
    Unaffiliated
     
     
      
    Consolidated
              
    Accounting method
     
     Feeder Funds
     
    Partnerships
     
    Offshore Funds
     
    Partnerships
     
    Offshore Funds
     
    Total
     
     
     
     
     
     
     
     
     
     
     
     
     
    Fair Value
     
    $               24,094
     
    $               -
     
    $               -
     
    $               -
     
    $               -
     
    $               24,094
    Equity Method
     
    -
     
    34,967
     
    34,185
     
    6,611
     
    7,577
     
    83,340
     
     
               
    Total
     
    $               24,094
     
    $               34,967
     
    $               34,185
     
    $               6,611
     
    $               7,577
     
    $               107,434

    The following table includes the net impact by line item on the condensed consolidated statements of financial condition for each category of entity consolidated (in thousands):

     
     
    September 30, 2015
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Assets
     
     
     
     
     
     
     
     
     
     
    Cash and cash equivalents
     
    $    425,549
     
    $    2
     
    $    52
     
    $    13
     
    $    425,616
    Investments in securities
     
    118,401
     
    -
     
    7,807
     
    709
     
    126,917
    Investments in sponsored investment companies
     
    115,046
     
    -
     
    -
     
    -
     
    115,046
    Investments in partnerships
     
    105,097
     
    4,817
     
    (8,504)
     
    (385)
     
    101,025
    Receivable from brokers
     
    50,960
     
    -
     
    1,933
     
    25
     
    52,918
    Investment advisory fees receivable
     
    28,615
     
    5
     
    9
     
    -
     
    28,629
    Other assets
     
    22,363
     
    16
     
    137
     
    2
     
    22,518
    Total assets
     
    $    866,031
     
    $    4,840
     
    $    1,434
     
    $    364
     
    $    872,669
    Liabilities and equity
     
             
    Securities sold, not yet purchased
     
    $    5,231
     
    $    -
     
    $    140
     
    $    206
     
    $    5,577
    Accrued expenses and other liabilities
     
    188,770
     
    38
     
    155
     
    81
     
    189,044
    Total debt
     
    106,750
     
    -
     
    -
     
    -
     
    106,750
    Redeemable noncontrolling interests
     
    -
     
    4,802
     
    1,139
     
    77
     
    6,018
    Total equity
     
    565,280
     
    -
     
    -
     
    -
     
    565,280
    Total liabilities and equity
     
    $    866,031
     
    $    4,840
     
    $    1,434
     
    $    364
     
    $    872,669

     
     
    December 31, 2014
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Assets
     
     
     
     
     
     
     
     
     
     
    Cash and cash equivalents
     
    $    298,149
     
    $    (11)
     
    $    86
     
    $    -
     
    $    298,224
    Investments in securities
     
    200,443
     
    -
     
    7,801
     
    51,293
     
    259,537
    Investments in sponsored investment companies
     
    39,537
     
    -
     
    -
     
    -
     
    39,537
    Investments in partnerships
     
    111,380
     
    4,438
     
    (8,181)
     
    -
     
    107,637
    Receivable from brokers
     
    24,301
     
    -
     
    623
     
    51,155
     
    76,079
    Investment advisory fees receivable
     
    42,102
     
    (6)
     
    (2)
     
    (222)
     
    41,872
    Other assets
     
    43,393
     
    -
     
    -
     
    151
     
    43,544
    Total assets
     
    $    759,305
     
    $    4,421
     
    $    327
     
    $    102,377
     
    $    866,430
    Liabilities and equity
     
             
    Securities sold, not yet purchased
     
    $    9,991
     
    $    -
     
    $    -
     
    $    604
     
    $    10,595
    Accrued expenses and other liabilities
     
    109,356
     
    22
     
    24
     
    38,141
     
    147,543
    Total debt
     
    112,163
     
    -
     
    -
     
    -
     
    112,163
    Redeemable noncontrolling interests
     
    -
     
    4,399
     
    303
     
    63,632
     
    68,334
    Total equity
     
    527,795
     
    -
     
    -
     
    -
     
    527,795
    Total liabilities and equity
     
    $    759,305
     
    $    4,421
     
    $    327
     
    $    102,377
     
    $    866,430

     
     
    September 30, 2014
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Assets
     
     
     
     
     
     
     
     
     
     
    Cash and cash equivalents
     
    $    358,316
     
    $    7
     
    $    98
     
    $    -
     
    $    358,421
    Investments in securities
     
    203,280
     
    -
     
    8,836
     
    42,514
     
    254,630
    Investments in sponsored investment companies
     
    39,520
     
    -
     
    -
     
    -
     
    39,520
    Investments in partnerships
     
    110,679
     
    4,684
     
    (7,929)
     
    -
     
    107,434
    Receivable from brokers
     
    31,388
     
    -
     
    306
     
    48,191
     
    79,885
    Investment advisory fees receivable
     
    31,221
     
    17
     
    (1)
     
    (82)
     
    31,155
    Other assets
     
    28,528
     
    24
     
    (1,000)
     
    163
     
    27,715
    Total assets
     
    $    802,932
     
    $    4,732
     
    $    310
     
    $    90,786
     
    $    898,760
    Liabilities and equity
     
             
    Securities sold, not yet purchased
     
    $    13,549
     
    $    -
     
    $    -
     
    $    631
     
    $    14,180
    Accrued expenses and other liabilities
     
    166,209
     
    71
     
    31
     
    39,009
     
    205,320
    Total debt
     
    111,941
     
    -
     
    -
     
    -
     
    111,941
    Redeemable noncontrolling interests
     
    -
     
    4,661
     
    279
     
    51,146
     
    56,086
    Total equity
     
    511,233
     
    -
     
    -
     
    -
     
    511,233
    Total liabilities and equity
     
    $    802,932
     
    $    4,732
     
    $    310
     
    $    90,786
     
    $  898,760

    The following table includes the net impact by line item on the condensed consolidated statements of income for each category of entity consolidated (in thousands):

     
     
    Three Months Ended September 30, 2015
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Total revenues
     
    $     96,558
     
    $     (10)
     
    $     (2)
     
    $     -
     
    $     96,546
    Total expenses
     
    60,304
     
    23
     
    20
     
    3
     
    60,350
    Operating income
     
    36,254
     
    (33)
     
    (22)
     
    (3)
     
    36,196
    Total other income/(expense), net
     
    (12,093)
     
    (268)
     
    (120)
     
    (19)
     
    (12,500)
    Income before income taxes
     
    24,161
     
    (301)
     
    (142)
     
    (22)
     
    23,696
    Income tax provision
     
    9,245
     
    -
     
    -
     
    -
     
    9,245
    Net income
     
    14,916
     
    (301)
     
    (142)
     
    (22)
     
    14,451
    Net loss attributable to noncontrolling interests
     
    (53)
     
    (301)
     
    (142)
     
    (22)
     
    (518)
    Net income attributable to GAMCO
     
    $     14,969
     
    $     -
     
    $     -
     
    $     -
     
    $     14,969

     
     
    Three Months Ended September 30, 2014
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Total revenues
     
    $     111,073
     
    $     (7)
     
    $     -
     
    $     (208)
     
    $     110,858
    Total expenses
     
    66,980
     
    20
     
    12
     
    260
     
    67,272
    Operating income
     
    44,093
     
    (27)
     
    (12)
     
    (468)
     
    43,586
    Total other income, net
     
    (7,462)
     
    (186)
     
    (18)
     
    (2,323)
     
    (9,989)
    Income before income taxes
     
    36,631
     
    (213)
     
    (30)
     
    (2,791)
     
    33,597
    Income tax provision
     
    13,045
     
    -
     
    -
     
    -
     
    13,045
    Net income
     
    23,586
     
    (213)
     
    (30)
     
    (2,791)
     
    20,552
    Net income attributable to noncontrolling interests
     
    (79)
     
    (213)
     
    (30)
     
    (2,791)
     
    (3,113)
    Net income attributable to GAMCO
     
    $     23,665
     
    $     -
     
    $     -
     
    $     -
     
    $     23,665


     
     
    Nine Months Ended September 30, 2015
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Total revenues
     
    $     303,139
     
    $     (26)
     
    $     (4)
     
    $     (14)
     
    $     303,095
    Total expenses
     
    197,828
     
    95
     
    50
     
    32
     
    198,005
    Operating income
     
    105,311
     
    (121)
     
    (54)
     
    (46)
     
    105,090
    Total other income/(expense), net
     
    (3,016)
     
    (177)
     
    (102)
     
    9
     
    (3,286)
    Income before income taxes
     
    102,295
     
    (298)
     
    (156)
     
    (37)
     
    101,804
    Income tax provision
     
    38,547
     
    -
     
    -
     
    -
     
    38,547
    Net income
     
    63,748
     
    (298)
     
    (156)
     
    (37)
     
    63,257
    Net loss attributable to noncontrolling interests
     
    (98)
     
    (298)
     
    (156)
     
    (37)
     
    (589)
    Net income attributable to GAMCO
     
    $     63,846
     
    $     -
     
    $     -
     
    $     -
     
    $     63,846

     
     
    Nine Months Ended September 30, 2014
     
     
    Prior to
     
     
     
     
     
    Offshore
     
     
      
    Consolidation
     
    CFFs
     
    Partnerships
     
    Funds
     
    As Reported
    Total revenues
     
    $     324,287
     
    $     (21)
     
    $     (2)
     
    $     (633)
     
    $     323,631
    Total expenses
     
    205,207
     
    34
     
    38
     
    730
     
    206,009
    Operating income
     
    119,080
     
    (55)
     
    (40)
     
    (1,363)
     
    117,622
    Total other income, net
     
    6,172
     
    20
     
    19
     
    (1,186)
     
    5,025
    Income before income taxes
     
    125,252
     
    (35)
     
    (21)
     
    (2,549)
     
    122,647
    Income tax provision
     
    44,796
     
    -
     
    -
     
    -
     
    44,796
    Net income
     
    80,456
     
    (35)
     
    (21)
     
    (2,549)
     
    77,851
    Net income/(loss) attributable to noncontrolling interests
     
    (113)
     
    (35)
     
    (21)
     
    (2,549)
     
    (2,718)
    Net income attributable to GAMCO
     
    $     80,569
     
    $     -
     
    $     -
     
    $     -
     
    $     80,569


    Variable Interest Entities

    We sponsor a number of investment vehicles where we are the general partner or investment manager.  Certain of these vehicles are VIEs, but we are not the primary beneficiary, in all but two cases, because we do not absorb a majority of the entities' expected losses and/or expected returns, and they are, therefore, not consolidated.  We consolidate the two VIEs where we are the primary beneficiary.  The Company has not provided any financial or other support to those VIEs where we are not the primary beneficiary.  The total net assets of these non-consolidated VIEs at September 30, 2015, December 31, 2014 and September 30, 2014 were $65.8 million, $71.6 million and $59.8 million, respectively.  On September 30, 2015, the maximum exposure to loss as a result of our involvement with the non-consolidated VIEs is limited to the investment in one VIE of $9.6 million and the deferred carried interest that we have in another of $38,000 which was included in investments in partnerships on the condensed consolidated statements of financial condition.  On December 31, 2014 and September 30, 2014, our maximum exposure to loss as a result of our involvement with the non-consolidated VIEs is limited to the investment in two VIEs of $10.6 million and $8.6 million, respectively, and the deferred carried interest that we have in another of $43,000 and $44,000, respectively, which was included in investments in partnerships on the condensed consolidated statements of financial condition.   Additionally, as the general partner or investment manager to these VIEs the Company earns fees in relation to these roles, which given a decline in AUMs of the VIEs would result in lower fee revenues earned by the Company which would be reflected on the condensed consolidated statement of income, condensed consolidated statement of financial condition and condensed consolidated statement of cash flows.

    The assets of these VIEs may only be used to satisfy obligations of the VIEs.  The following table presents the balances related to the VIEs that are consolidated and are included on the condensed consolidated statements of financial condition as well as GAMCO's net interest in the VIEs.  There are two VIEs consolidated at  September 30, 2015 and one VIE consolidated at December 31, 2014 and September 30, 2014:

     
     
    September 30, 2015
     
    December 31, 2014
     
    September 30, 2014
    (In thousands)
     
     
     
     
     
     
    Cash and cash equivalents
     
    $       13
     
    $              -
     
    $              1
    Investments in securities
     
    709
     
    -
     
    -
    Investments in partnerships
     
    5,116
     
     13,434
     
     13,618
    Receivable from brokers
     
    25
     
    -
     
    -
    Other assets
     
    3
     
    -
     
    -
    Payable to brokers
     
    (62)
     
    -
     
    -
    Securities sold, not yet purchased
     
    (206)
     
    -
     
    -
    Accrued expenses and other liabilities
     
    (27)
     
    (12)
     
    (15)
    Redeemable noncontrolling interests
     
    (615)
     
    (794)
     
    (962)
    GAMCO's net interests in consolidated VIE
     
    $     4,956
     
    $     12,628
     
    $     12,642

    XML 52 R16.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Earnings Per Share
    9 Months Ended
    Sep. 30, 2015
    Earnings Per Share [Abstract]  
    Earnings Per Share
    F. Earnings Per Share

    The computations of basic and diluted net income per share are as follows:

     
     
    Three Months Ended September 30,
      
    Nine Months Ended September 30,
     
    (in thousands, except per share amounts)
     
    2015
      
    2014
      
    2015
      
    2014
     
    Basic:
     
      
         
    Net income attributable to GAMCO Investors, Inc.'s shareholders
     
    $
    14,969
      
    $
    23,665
      
    $
    63,846
      
    $
    80,569
     
    Weighted average shares outstanding
      
    24,947
       
    25,296
       
    25,047
       
    25,385
     
    Basic net income attributable to GAMCO Investors, Inc.'s
                    
    shareholders per share
     
    $
    0.60
      
    $
    0.94
      
    $
    2.55
      
    $
    3.17
     
     
                    
    Diluted:
                    
    Net income attributable to GAMCO Investors, Inc.'s shareholders
     
    $
    14,969
      
    $
    23,665
      
    $
    63,846
      
    $
    80,569
     
     
                    
    Weighted average share outstanding
      
    24,947
       
    25,296
       
    25,047
       
    25,385
     
    Dilutive stock options and restricted stock awards
      
    294
       
    221
       
    290
       
    210
     
    Total
      
    25,241
       
    25,517
       
    25,337
       
    25,595
     
    Diluted net income attributable to GAMCO Investors, Inc.'s
                    
    shareholders per share
     
    $
    0.59
      
    $
    0.93
      
    $
    2.52
      
    $
    3.15
     

    XML 53 R34.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Investment in Securities, Master Netting Arrangements for Swaps (Details) - USD ($)
    $ in Thousands
    Sep. 30, 2015
    Dec. 31, 2014
    Sep. 30, 2014
    Offsetting Derivative Assets [Abstract]      
    Gross amounts of recognized assets $ 143 $ 896 $ 800
    Swaps [Member]      
    Offsetting Derivative Assets [Abstract]      
    Gross amounts of recognized assets 143 896 800
    Gross amounts offset in the Statements of Financial Position 0 0 0
    Net Amounts of Assets Presented in the Statements of Financial Position 143 896 800
    Gross Amounts Not Offset in the Statements of Financial Position, Assets [Abstract]      
    Financial Instruments (89) (634) (657)
    Cash collateral received 0 0 0
    Net amount 54 262 143
    Offsetting Derivative Liabilities [Abstract]      
    Gross amounts of recognized liabilities 89 634 657
    Gross amounts offset in the Statements of Financial Position 0 0 0
    Net Amounts of Assets Presented in the Statements of Financial Position 89 634 657
    Gross Amounts Not Offset in the Statements of Financial Position, Liabilities [Abstract]      
    Financial Instruments (89) (634) (657)
    Cash collateral received 0 0 0
    Net amount $ 0 $ 0 $ 0
    XML 54 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Subsequent Events
    9 Months Ended
    Sep. 30, 2015
    Subsequent Events [Abstract]  
    Subsequent Events
    K. Subsequent Events
     
    From October 1, 2015 to November 4, 2015, the Company repurchased 91,740 shares at $57.53 per share.

    On October 12, 2015, the Board of Directors accelerated the lapse of restrictions on the November 2013 grant of restricted stock awards ("RSAs") effective on October 19, 2015. There were 130,650 RSAs outstanding relating to this grant. As a result of the acceleration, GAMCO will incur a fourth quarter non-cash charge of $5.7 million or $0.13 per diluted share (after management fee and tax benefit).  557,900 RSAs will still remain outstanding after the acceleration of the November 2013 grant.

    On October 13, 2015 GAMCO announced that it had again adopted a Shareholder Designated Charitable Contribution program for all registered Class A and Class B shareholders. Based on the approximately 21 million shares currently registered in shareholders' names, the total contribution GAMCO is expected to make will be $5.3 million. If all shares outstanding are registered in their shareholders' name at the record date, the total contribution would increase to $6.4 million.
     
    On November 2, 2015, GAMCO announced that its Board of Directors had approved the spin-off of Associated Capital Group, Inc. (“AC”), which will include GAMCO’s alternative investment management business, its institutional research services business and financial assets.  The distribution is expected to occur at 11:59 p.m. on November 30, 2015 with GAMCO shareholders receiving one share of Associated Capital Group class A common stock for each share of GAMCO class A common stock held on November 12, 2015, the record date, and one share of Associated Capital Group class B common stock for each share of GAMCO class B common stock held on the record date.

    On November 4, 2015, the Board of Directors declared its regular quarterly dividend of $0.07 per share to all of its shareholders, payable on December 29, 2015 to shareholders of record on December 15, 2015.
     
    GAMCO has received a commitment from a related party whereby it will provide to GAMCO a single purpose $100 million line of credit to be drawn upon only to prepay any or all of the outstanding 5.875% Senior Notes (due June 1, 2021).  This line of credit will be available for drawdown during a 90 day period to commence on a date to be determined.

    XML 55 R26.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Earnings Per Share (Tables)
    9 Months Ended
    Sep. 30, 2015
    Earnings Per Share [Abstract]  
    Computations of basic and diluted net income per share
    The computations of basic and diluted net income per share are as follows:

     
     
    Three Months Ended September 30,
      
    Nine Months Ended September 30,
     
    (in thousands, except per share amounts)
     
    2015
      
    2014
      
    2015
      
    2014
     
    Basic:
     
      
         
    Net income attributable to GAMCO Investors, Inc.'s shareholders
     
    $
    14,969
      
    $
    23,665
      
    $
    63,846
      
    $
    80,569
     
    Weighted average shares outstanding
      
    24,947
       
    25,296
       
    25,047
       
    25,385
     
    Basic net income attributable to GAMCO Investors, Inc.'s
                    
    shareholders per share
     
    $
    0.60
      
    $
    0.94
      
    $
    2.55
      
    $
    3.17
     
     
                    
    Diluted:
                    
    Net income attributable to GAMCO Investors, Inc.'s shareholders
     
    $
    14,969
      
    $
    23,665
      
    $
    63,846
      
    $
    80,569
     
     
                    
    Weighted average share outstanding
      
    24,947
       
    25,296
       
    25,047
       
    25,385
     
    Dilutive stock options and restricted stock awards
      
    294
       
    221
       
    290
       
    210
     
    Total
      
    25,241
       
    25,517
       
    25,337
       
    25,595
     
    Diluted net income attributable to GAMCO Investors, Inc.'s
                    
    shareholders per share
     
    $
    0.59
      
    $
    0.93
      
    $
    2.52
      
    $
    3.15
     

    XML 56 R41.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Earnings Per Share (Details) - USD ($)
    $ / shares in Units, shares in Thousands, $ in Thousands
    3 Months Ended 9 Months Ended
    Sep. 30, 2015
    Sep. 30, 2014
    Sep. 30, 2015
    Sep. 30, 2014
    Basic:        
    Net income attributable to GAMCO Investors, Inc.'s shareholders $ 14,969 $ 23,665 $ 63,846 $ 80,569
    Weighted average shares outstanding (in shares) 24,947 25,296 25,047 25,385
    Basic net income attributable to GAMCO Investors, Inc.'s shareholders per share (in dollars per share) $ 0.60 $ 0.94 $ 2.55 $ 3.17
    Diluted:        
    Net income attributable to GAMCO Investors, Inc.'s shareholders $ 14,969 $ 23,665 $ 63,846 $ 80,569
    Weighted average shares outstanding (in shares) 24,947 25,296 25,047 25,385
    Dilutive stock options and restricted stock awards (in shares) 294 221 290 210
    Total (in shares) 25,241 25,517 25,337 25,595
    Diluted net income attributable to GAMCO Investors, Inc.'s shareholders per share (in dollars per share) $ 0.59 $ 0.93 $ 2.52 $ 3.15
    XML 57 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
    CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED - USD ($)
    $ in Thousands
    Sep. 30, 2015
    Dec. 31, 2014
    Sep. 30, 2014
    ASSETS      
    Cash and cash equivalents $ 425,616 $ 298,224 $ 358,421
    Investment in Securities, Fair Value 126,917 259,537 254,630
    Investments in sponsored registered investment companies 115,046 39,537 39,520
    Investments in partnerships 101,025 107,637 107,434
    Receivable from brokers 52,918 76,079 79,885
    Investment advisory fees receivable 28,629 41,872 31,155
    Income tax receivable 2,409 2,477 2,433
    Other assets 20,109 41,067 25,282
    Total assets 872,669 866,430 898,760
    Liabilities and Equity      
    Payable to brokers 49,074 43,409 46,790
    Income taxes payable and deferred tax liabilities 10,529 27,939 27,412
    Capital lease obligation 5,191 5,253 5,272
    Compensation payable 88,747 39,983 93,535
    Securities sold, not yet purchased 5,577 10,595 14,180
    Mandatorily redeemable noncontrolling interests 1,257 1,302 1,304
    Accrued expenses and other liabilities 34,246 29,657 31,007
    Sub-total 194,621 158,138 219,500
    5.875% Senior notes (due June 1, 2021) 100,000 100,000 100,000
    Zero coupon subordinated debentures, Face value: $6.9 million at June 30, 2015, $13.1 million at December 31, 2014 and $13.2 million at June 30, 2014 (due December 31, 2015) 6,750 12,163 11,941
    Total liabilities 301,371 270,301 331,441
    Redeemable noncontrolling interests $ 6,018 $ 68,334 $ 56,086
    Commitments and contingencies (Note J)
    GAMCO Investors, Inc. stockholders' equity      
    Preferred Stock
    Additional paid-in capital $ 299,769 $ 291,681 $ 289,664
    Retained earnings 661,415 602,950 582,357
    Accumulated other comprehensive income 17,575 25,014 23,392
    Total GAMCO Investors, Inc. stockholders' equity 562,645 525,061 508,494
    Noncontrolling interests 2,635 2,734 2,739
    Total equity 565,280 527,795 511,233
    Total liabilities and equity 872,669 866,430 898,760
    Class A [Member]      
    GAMCO Investors, Inc. stockholders' equity      
    Common Stock 14 14 14
    Treasury stock, at cost (8,118,237, 8,081,561 and 7,167,981 shares, respectively) (416,147) (394,617) (386,952)
    Class B [Member]      
    GAMCO Investors, Inc. stockholders' equity      
    Common Stock $ 19 $ 19 $ 19
    XML 58 R10.htm IDEA: XBRL DOCUMENT v3.3.0.814
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($)
    $ in Thousands
    9 Months Ended
    Apr. 01, 2015
    Jan. 01, 2015
    Sep. 30, 2015
    Sep. 30, 2014
    Non-cash activity:        
    Accrued restricted stock award dividends     $ 129 $ 86
    Decrease in net assets from deconsolidation   $ (63,280)    
    Decrease in redeemable noncontrolling interests from deconsolidation   $ (63,267)    
    Increase in net assets from deconsolidation $ 986      
    Increase in redeemable noncontrolling interests from deconsolidation $ 996      
    XML 59 R27.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Debt (Tables)
    9 Months Ended
    Sep. 30, 2015
    Debt [Abstract]  
    Schedule of Debt
    Debt consists of the following:

     
     
    September 30, 2015
      
    December 31, 2014
      
    September 30, 2014
     
      
    Carrying
      
    Fair Value
      
    Carrying
      
    Fair Value
      
    Carrying
      
    Fair Value
     
     
     
    Value
      
    Level 2
      
    Value
      
    Level 2
      
    Value
      
    Level 2
     
    (In thousands)
                
    5.875% Senior notes
     
    $
    100,000
      
    $
    106,625
      
    $
    100,000
      
    $
    110,123
      
    $
    100,000
      
    $
    108,200
     
    0% Subordinated debentures
      
    6,750
       
    6,800
       
    12,163
       
    13,000
       
    11,941
       
    12,775
     
    Total
     
    $
    106,750
      
    $
    113,425
      
    $
    112,163
      
    $
    123,123
      
    $
    111,941
      
    $
    120,975
     

    XML 60 FilingSummary.xml IDEA: XBRL DOCUMENT 3.3.0.814 html 341 317 1 false 62 0 false 9 false false R1.htm 000100 - Document - Document and Entity Information Sheet http://gabelli.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 010000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfIncomeUnaudited CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED Statements 2 false false R3.htm 020000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfComprehensiveIncomeUnaudited CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED Statements 3 false false R4.htm 020100 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED (Parenthetical) Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfComprehensiveIncomeUnauditedParenthetical CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME UNAUDITED (Parenthetical) Statements 4 false false R5.htm 030000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfFinancialConditionUnaudited CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED Statements 5 false false R6.htm 030100 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED (Parenthetical) Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfFinancialConditionUnauditedParenthetical CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED (Parenthetical) Statements 6 false false R7.htm 040000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfEquityUnaudited CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED Statements 7 false false R8.htm 040100 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED (Parenthetical) Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfEquityUnauditedParenthetical CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED (Parenthetical) Statements 8 false false R9.htm 050000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED Statements 9 false false R10.htm 060000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) Sheet http://gabelli.com/role/CondensedConsolidatedStatementsOfCashFlowsParenthetical CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) Statements 10 false false R11.htm 070100 - Disclosure - Significant Accounting Policies Sheet http://gabelli.com/role/SignificantAccountingPolicies Significant Accounting Policies Notes 11 false false R12.htm 070200 - Disclosure - Investment in Securities Sheet http://gabelli.com/role/InvestmentInSecurities Investment in Securities Notes 12 false false R13.htm 070300 - Disclosure - Fair Value Sheet http://gabelli.com/role/FairValue Fair Value Notes 13 false false R14.htm 070400 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities Sheet http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntities Investments in Partnerships, Offshore Funds and Variable Interest Entities Notes 14 false false R15.htm 070500 - Disclosure - Income Taxes Sheet http://gabelli.com/role/IncomeTaxes Income Taxes Notes 15 false false R16.htm 070600 - Disclosure - Earnings Per Share Sheet http://gabelli.com/role/EarningsPerShare Earnings Per Share Notes 16 false false R17.htm 070700 - Disclosure - Debt Sheet http://gabelli.com/role/Debt Debt Notes 17 false false R18.htm 070800 - Disclosure - Stockholders' Equity Sheet http://gabelli.com/role/StockholdersEquity Stockholders' Equity Notes 18 false false R19.htm 070900 - Disclosure - Goodwill and Identifiable Intangible Assets Sheet http://gabelli.com/role/GoodwillAndIdentifiableIntangibleAssets Goodwill and Identifiable Intangible Assets Notes 19 false false R20.htm 071000 - Disclosure - Commitments and Contingencies Sheet http://gabelli.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 20 false false R21.htm 071100 - Disclosure - Subsequent Events Sheet http://gabelli.com/role/SubsequentEvents Subsequent Events Notes 21 false false R22.htm 080100 - Disclosure - Significant Accounting Policies (Policies) Sheet http://gabelli.com/role/SignificantAccountingPoliciesPolicies Significant Accounting Policies (Policies) Policies http://gabelli.com/role/SignificantAccountingPolicies 22 false false R23.htm 090200 - Disclosure - Investment in Securities (Tables) Sheet http://gabelli.com/role/InvestmentInSecuritiesTables Investment in Securities (Tables) Tables http://gabelli.com/role/InvestmentInSecurities 23 false false R24.htm 090300 - Disclosure - Fair Value (Tables) Sheet http://gabelli.com/role/FairValueTables Fair Value (Tables) Tables http://gabelli.com/role/FairValue 24 false false R25.htm 090400 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities (Tables) Sheet http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntitiesTables Investments in Partnerships, Offshore Funds and Variable Interest Entities (Tables) Tables http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntities 25 false false R26.htm 090600 - Disclosure - Earnings Per Share (Tables) Sheet http://gabelli.com/role/EarningsPerShareTables Earnings Per Share (Tables) Tables http://gabelli.com/role/EarningsPerShare 26 false false R27.htm 090700 - Disclosure - Debt (Tables) Sheet http://gabelli.com/role/DebtTables Debt (Tables) Tables http://gabelli.com/role/Debt 27 false false R28.htm 090800 - Disclosure - Stockholders' Equity (Tables) Sheet http://gabelli.com/role/StockholdersEquityTables Stockholders' Equity (Tables) Tables http://gabelli.com/role/StockholdersEquity 28 false false R29.htm 100200 - Disclosure - Investment in Securities, Investment in Securities (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesInvestmentInSecuritiesDetails Investment in Securities, Investment in Securities (Details) Details 29 false false R30.htm 100202 - Disclosure - Investment in Securities, Securities Sold, Not Yet Purchased (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesSecuritiesSoldNotYetPurchasedDetails Investment in Securities, Securities Sold, Not Yet Purchased (Details) Details 30 false false R31.htm 100204 - Disclosure - Investment in Securities, Investment in Sponsored Registered Investment Companies (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesInvestmentInSponsoredRegisteredInvestmentCompaniesDetails Investment in Securities, Investment in Sponsored Registered Investment Companies (Details) Details 31 false false R32.htm 100206 - Disclosure - Investment in Securities, Reclassifications Out of Accumulated Other Comprehensive Income ("AOCI") into Income (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesReclassificationsOutOfAccumulatedOtherComprehensiveIncomeAociIntoIncomeDetails Investment in Securities, Reclassifications Out of Accumulated Other Comprehensive Income ("AOCI") into Income (Details) Details 32 false false R33.htm 100208 - Disclosure - Investment in Securities, Fair Values and Gains and Losses of All Derivatives Held (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesFairValuesAndGainsAndLossesOfAllDerivativesHeldDetails Investment in Securities, Fair Values and Gains and Losses of All Derivatives Held (Details) Details 33 false false R34.htm 100210 - Disclosure - Investment in Securities, Master Netting Arrangements for Swaps (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesMasterNettingArrangementsForSwapsDetails Investment in Securities, Master Netting Arrangements for Swaps (Details) Details 34 false false R35.htm 100212 - Disclosure - Investment in Securities, Summary of Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value I (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesSummaryOfCostGrossUnrealizedGainsGrossUnrealizedLossesAndFairValueIDetails Investment in Securities, Summary of Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value I (Details) Details 35 false false R36.htm 100214 - Disclosure - Investment in Securities, Investments Classified as Available for Sale in Unrealized Loss Position (Details) Sheet http://gabelli.com/role/InvestmentInSecuritiesInvestmentsClassifiedAsAvailableForSaleInUnrealizedLossPositionDetails Investment in Securities, Investments Classified as Available for Sale in Unrealized Loss Position (Details) Details 36 false false R37.htm 100300 - Disclosure - Fair Value (Details) Sheet http://gabelli.com/role/FairValueDetails Fair Value (Details) Details http://gabelli.com/role/FairValueTables 37 false false R38.htm 100400 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part I (Details) Sheet http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntitiesPartIDetails Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part I (Details) Details http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntitiesTables 38 false false R39.htm 100402 - Disclosure - Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part II (Details) Sheet http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntitiesPartIiDetails Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part II (Details) Details http://gabelli.com/role/InvestmentsInPartnershipsOffshoreFundsAndVariableInterestEntitiesTables 39 false false R40.htm 100500 - Disclosure - Income Taxes (Details) Sheet http://gabelli.com/role/IncomeTaxesDetails Income Taxes (Details) Details http://gabelli.com/role/IncomeTaxes 40 false false R41.htm 100600 - Disclosure - Earnings Per Share (Details) Sheet http://gabelli.com/role/EarningsPerShareDetails Earnings Per Share (Details) Details http://gabelli.com/role/EarningsPerShareTables 41 false false R42.htm 100700 - Disclosure - Debt (Details) Sheet http://gabelli.com/role/DebtDetails Debt (Details) Details http://gabelli.com/role/DebtTables 42 false false R43.htm 100800 - Disclosure - Stockholders' Equity (Details) Sheet http://gabelli.com/role/StockholdersEquityDetails Stockholders' Equity (Details) Details http://gabelli.com/role/StockholdersEquityTables 43 false false R44.htm 100900 - Disclosure - Goodwill and Identifiable Intangible Assets (Details) Sheet http://gabelli.com/role/GoodwillAndIdentifiableIntangibleAssetsDetails Goodwill and Identifiable Intangible Assets (Details) Details http://gabelli.com/role/GoodwillAndIdentifiableIntangibleAssets 44 false false R45.htm 101100 - Disclosure - Subsequent Events (Details) Sheet http://gabelli.com/role/SubsequentEventsDetails Subsequent Events (Details) Details http://gabelli.com/role/SubsequentEvents 45 false false All Reports Book All Reports In ''CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED'', column(s) 4 are contained in other reports, so were removed by flow through suppression. In ''CONDENSED CONSOLIDATED STATEMENTS OF EQUITY UNAUDITED (Parenthetical)'', column(s) 1, 3 are contained in other reports, so were removed by flow through suppression. In ''CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED'', column(s) 1, 2 are contained in other reports, so were removed by flow through suppression. gbl-20150930.xml gbl-20150930_cal.xml gbl-20150930_def.xml gbl-20150930_lab.xml gbl-20150930_pre.xml gbl-20150930.xsd true true XML 61 R38.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Investments in Partnerships, Offshore Funds and Variable Interest Entities, Part I (Details)
    3 Months Ended 9 Months Ended
    Dec. 31, 2014
    USD ($)
    Entity
    Sep. 30, 2015
    USD ($)
    Entity
    Sep. 30, 2014
    USD ($)
    Entity
    Variable Interest Entity [Line Items]      
    Investments in affiliated entities | $ $ 94,200,000 $ 87,200,000 $ 93,200,000
    Investments in unaffiliated entities | $ 13,400,000 13,800,000 14,200,000
    Investments in Partnerships by Accounting Method [Abstract]      
    Fair value | $ 23,803,000 14,317,000 24,094,000
    Equity Method Investments | $ 83,834,000 86,708,000 83,340,000
    Total | $ 107,637,000 101,025,000 107,434,000
    Maximum exposure to loss related to VIEs | $ 10,600,000 9,600,000 8,600,000
    Deferred carried interest in VIE | $ 43,000 38,000 44,000
    Total VIE assets | $ $ 71,600,000 $ 65,800,000 $ 59,800,000
    VIE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 1 1 1
    Additional consolidated entities 0 1 0
    Deconsolidated entities 0 0 0
    Entities consolidated at end of period 1 2 1
    Investments in Partnerships by Accounting Method [Abstract]      
    Total | $ $ 13,434,000 $ 5,116,000 $ 13,618,000
    VOE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 4 4 4
    Additional consolidated entities 0 2 0
    Deconsolidated entities 0 (2) 0
    Entities consolidated at end of period 4 4 4
    Prior to Consolidations [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Total | $ $ 111,380,000 $ 105,097,000 $ 110,679,000
    CFFs [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Total | $ 4,438,000 4,817,000 4,684,000
    CFFs [Member] | Affiliated [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Fair value | $ 23,803,000 14,317,000 24,094,000
    Equity Method Investments | $ 0 0 0
    Total | $ $ 23,803,000 $ 14,317,000 $ 24,094,000
    CFFs [Member] | VIE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 1 1 1
    Additional consolidated entities 0 0 0
    Deconsolidated entities 0 0 0
    Entities consolidated at end of period 1 1 1
    CFFs [Member] | VOE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 2 2 2
    Additional consolidated entities 0 1 0
    Deconsolidated entities 0 (1) 0
    Entities consolidated at end of period 2 2 2
    Partnerships [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Total | $ $ (8,181,000) $ (8,504,000) $ (7,929,000)
    Partnerships [Member] | Affiliated [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Fair value | $ 0 0 0
    Equity Method Investments | $ 34,385,000 38,318,000 34,967,000
    Total | $ 34,385,000 38,318,000 34,967,000
    Partnerships [Member] | Unaffiliated [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Fair value | $ 0 0 0
    Equity Method Investments | $ 6,552,000 6,286,000 6,611,000
    Total | $ $ 6,552,000 $ 6,286,000 $ 6,611,000
    Partnerships [Member] | VIE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 0 0 0
    Additional consolidated entities 0 0 0
    Deconsolidated entities 0 0 0
    Entities consolidated at end of period 0 0 0
    Partnerships [Member] | VOE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 1 1 1
    Additional consolidated entities 0 1 0
    Deconsolidated entities 0 0 0
    Entities consolidated at end of period 1 2 1
    Offshore Funds [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Total | $ $ 0 $ (385,000) $ 0
    Offshore Funds [Member] | Affiliated [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Fair value | $ 0 0 0
    Equity Method Investments | $ 36,033,000 34,552,000 34,185,000
    Total | $ 36,033,000 34,552,000 34,185,000
    Offshore Funds [Member] | Unaffiliated [Member]      
    Investments in Partnerships by Accounting Method [Abstract]      
    Fair value | $ 0 0 0
    Equity Method Investments | $ 6,864,000 7,552,000 7,577,000
    Total | $ $ 6,864,000 $ 7,552,000 $ 7,577,000
    Offshore Funds [Member] | VIE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 0 0 0
    Additional consolidated entities 0 1 0
    Deconsolidated entities 0 0 0
    Entities consolidated at end of period 0 1 0
    Offshore Funds [Member] | VOE [Member]      
    Entities Consolidated [Roll Forward]      
    Entities consolidated at beginning of period 1 1 1
    Additional consolidated entities 0 0 0
    Deconsolidated entities 0 (1) 0
    Entities consolidated at end of period 1 0 1
    XML 62 R20.htm IDEA: XBRL DOCUMENT v3.3.0.814
    Commitments and Contingencies
    9 Months Ended
    Sep. 30, 2015
    Commitments and Contingencies [Abstract]  
    Commitments and Contingencies
    J. Commitments and Contingencies

    From time to time, the Company may be named in legal actions and proceedings.  These actions may seek substantial or indeterminate compensatory as well as punitive damages or injunctive relief.  The Company is also subject to governmental or regulatory examinations or investigations.  The examinations or investigations could result in adverse judgments, settlements, fines, injunctions, restitutions or other relief.  For any such matters, the condensed consolidated financial statements include the necessary provisions for losses that the Company believes are probable and estimable.  Furthermore, the Company evaluates whether there exist losses which may be reasonably possible and will, if material, make the necessary disclosures.  However, management believes such amounts, both those that are probable and those that are reasonably possible, are not material to the Company's financial condition, operations or cash flows at September 30, 2015.

    The Company indemnifies the clearing brokers of G.research, Inc., our broker-dealer subsidiary, for losses they may sustain from the customer accounts that trade on margin introduced by it.  At September 30, 2015, the total amount of customer balances subject to indemnification (i.e. unsecured margin debits) was immaterial.  The Company also has entered into arrangements with various other third parties many of which provide for indemnification of the third parties against losses, costs, claims and liabilities arising from the performance of obligations under the agreements.  The Company has had no claims or payments pursuant to these or prior agreements and believes the likelihood of a claim being made is remote.  The Company's estimate of the value of such agreements is de minimis, and therefore an accrual has not been made on the condensed consolidated financial statements.

    C?VH!GN8T[$D8_GS@HAB9S8]2Q=L*O4([;@E\1.:1MYFVEV0 MVG$CY`HU[O;YNY^$LRU]2EN:H2\T`=R4!Y;F?<^[_C)++?=I>C7TTY2=+J!3 MJ=O'_)U,=CL?FA8[/*QZG*53*#I1"2?58Q&.NW%;4B8V^6WH$#9Y8_W@"O,T M+5993Y[.4,'%5:4Q\X2EE*E;FMD*/Y7KLVX_Q==VRX763G1650-I9(IDFH9T M]LPU/B2I+KEOI^FJP=+5R.O*^&T)69KN\88M3U8Y[@;RGST)\MF-S"TEG6_Q MV^]S78/W@DR$.Q-P@D1S3>XS:@Y3S=J&IN6/:Z&I>_8-31F/6,[X0FPL,LP? MS4#T<5==@,(E,3>K"-11=9.]8R-Q^DI-33\CXAMG3#/(4!5$65709QS,OM+8 M5R;;,-EJ:5*!I31`T$?Q(\H&F)`[',8O8?3T?C/O?X'2`+D^`SP;)U5NKA6-;#6+YB6'*$T#C=*)P>8#N3YB[=M3X:2Q@W7Z080E0/1 MEK,&#`&&3G5$K0:1H(+J^Y!58Q%U&4;THA7-%H:DUV-(XM10PI"NXC23U'1J MJHD'L*D`F^4J',`#X`&?`[`!GP/@D1@\X',`-J_6YZRM+^>T#&8"T!SRLK/J M.),I1"!\S"F(]ON$JT%7>$AKX6##G-<%< MKV9+;P1/`&(`,8`80"PUB#57\3RQY]X`R8#DNI!L`Y(!R6U'LJX2)(N]%`%( M!B37A62O?4BN)\+3V.;OL0C/53P:Q1&A)0Y^U!G8$11/+0N1&L@H9)O"\,%Z M=%Q%U>4:900)OG%M`^CFH',=Q3$!=`"Z.D&G.60:XCB`.D!=G:CS+#+`RC7Y M!=1U'G4V&6$%7V261/*-JQM0M_1U9(0U6NCK7OE1CJ^3;.(/T2--/5?C.E_& MP%Z#MBDX!J=8JESC`023NXXY0]%<%3`'F*O5SYF&#I@#S-7JYTS/!OG#,=H'^9$IL1KZ][^;3;`"0J7R9&YKOL/B:K>"-GQ="&2A/+* M$2I!L,]2I4C8VXBR`-_=Q[>CBQWJ`-^`[T;Q;0*^`=_=Q;>F.((W/`#A@/!& M/;@%'ASPW5U\:XIEB=T^K`_A#<:@&CMV4B"Y8)SY0Y1MI1AL.A@E*)S+WU5( M0:@$D6E74U2C!;.].NL`M0`Y`/'B$/9N\`Q%,\7N:@/& M`>.-GMO0/$77Q=Y"`XP#QIOUXYKB.C!7`8QW%^.Z9BNNK74$XYW+=+*+7 MPI>,\B'B`W3(>"T0H`'0`&@`-``:``V`!D!#+O$TKA.`!F2GJ.68P.6S'P[] MAR$F+TY0ZI,/HLH1-G[-J[6WS>0Q*KB("-``:``TI!!/XSH!:,@JGL9U`M"0 M53R-ZP2@T:K*9=$\(UK&T"WR%5C*JIDU9,` M=%T''?%TM@$5!@!TM7HZ5_%,N5)>`NBZ#CK-5'1=KIR7`+JN@\ZP%4.RA-)U M;N"VZO)W8S4'X/!]]P_?VW"!"O#=87QKBN9`-@-`>'<1;KM=N3H%^):.4`GP MK2F=@`>'=13AX<,!WE_%-/+@KMI1EZZYWMZH"1M'L@_ZARP5-1Z8$Q74A M9ZG`?1'-;<'$3Y"^`.+=A[AA*;K=@I$1("Z+R%H'<>+%#0V\.$"\NQ`W50+Q MKF17!XA+1Z@$$"=>W%-AH@(0[R[$#4=Q.C,7?_5Y+AK)5PB7"3MSF1"@`=`` M:``T`!H`#8`&0$,N\32N$X!&JW):;"X\S2Z<-@BC9YQF(_)S2C[7==+`E"WT M0PA"_7CR,,0GQA*X1U3><%5$2?8EB"AYEJ+K8F\3[T2G)!%`L!RPG*K;#;JM M>%J]%]/`=,!T.F`ZNNHHIEWOC3T^^ M/W[_U4]^8-;-W2*Z=T_(_C2,@Q\?__D/A'[^5Z_W:QP%1.Q)/!P2)M%-E.$$ MIYF"/N,@P7Z*T6,2C]!WW,>C<1;&48KB!'V;),&`_A@_+AY)>[V\UP4!8123 MUT[G#>8]7I,.5_NC[R=T?<>/'\X"7=4L55.U+&:?/$,]0Y,HS'_]357U,]3' M03CRA^F'LYYQ]E%=X;C8"X7P?D\?F"13=$=S"*,_ON+1`T[^(T@F?]YE?H9I M^/;+7Q/2W54\&L<1C>9>_AVF?\Z)8;3DE+1#BK01'K%;<'NZ31L6[9+"=0(7 M]!42M\T\JQPRYR1&V&$KOQQ2$^E-`SN!6&4KIMH1E6;`%VC M;$M.(-HO6TD]1/N'.Z&+L'(N`!9AG$:M>A=AWW`2D)?[3QB%LT=0_$(%0L\V M3A[2L!_Z9+I_3OX<3*)^@OO9('U[3#BWI(LD'83C9?^?IK-YV#;.MH(>]BJ' M.F'PPC/W\WC@9?LP$RX`<(21(M1NZ4.W#>O@I($_644B1[IC>'63I>F&=IPL MLR!9.".#P3D#X09/Z6,K2^)59-3^92@B^#+'QF87L%71&2PFA" MO[X=X\1G^-]DA/1,.Y[W^VE*.[V)%CTN.UQVM^SMQ(B>;I$VJP(XC9KVB:O< MMD7/I+!J0&"S)S@*;-&C4($166F.741@!>EIG\#*&:2FZYJEBA)8OMA'Y[_$ M:?IV3[!BASCRQ^A#.[ASRK@;P[:M3>:6O0NFM1QT;<,UMY!;(ZU."5HUT[.] MQF@MAW!7M?C22O[+9K.P_5/H4AS\>;.X:',_'6,V.UY]2]F9\:D,)B%91)"_ MB7VS3"+,L@6R2M]W'Z^]K1#+,JIVPY"ZK5I'F&JY>^[;Q\=T$"<87=,B3N+` M/'\/>TW=VN4!7TUB^%Y=7U=7W5&P7A'5UY%93-6AG?OB@3/GQP?`JIQS7^*=-!X> MG&X8A,M"V1E*-`2BF41(;E M'ACV6BR$,I'#GJ6Y'11".9_:TQT9I%!^2OS_[+U[<]LXL@?Z_U;M=\!Z9W:< M*MKA2Y243%+E./$>GSN)I$2` M`-5;M1-))O'H_G6CT6ATUT&;6LSF,].0@'X'V)UUZ)M:;=.S_O$@DH>/]LRP M7YA)X@FXC_W,BX35;>RSEY:F>!*6WU/QTH:E]UUGUA87>>MDMG['])G1V;(= M;PG@ZO0OGEGZ<:Z[_+QA9QT)=D;<=5Y]9R_$\I.`8,),Y_H]SF?6BW"?5MLI M''R!9U:W>1(*UX(\C_O/NA*X1K@OQ/6=BYV9,FS7A$DQE[B+,[-C2X"Z!N28 M7T36F12.7H&XY!"5<&9V^_59V4_HPO.B:^Q23J*AKX2[WC/Z MQ^Q?FO@'LR_\]1!.WWE[]?E>2J=X'PU*Q2''.K9Z[2I M-XC>0O2]-0F=6+_?,+V*4Z3S1_R(@VC"R+.:@ZE$FB8^B>#_/4U2?_B35\A/DBD>K'_T MUPE1&)@\>W'[*WGT2W3.NCG3^QHZ^48H$TYGU];H<5?L>FF"GOQTA"[)``G( MXT0[04\CWQNA9#HA7_&`S)&.,9Z]'&,O>@C955'R^8^I'^-YDGKZW-IA748# M?^A[F78]/2E^):.\BR:^AQR]HZ%\B-\6O6B(M(+&44)5TH`,,WX^2R9$:DD+ MZ&%*-"01!M)U'$T?1M$T9:/(GR2JBK2=T,MX].=BQ^>++%_HCOS-HTIK$A.U MYT\"G+\14B&^_;5(2<(`@H28O#">N*%/Z1/E9/G/@E",RK0)0N8P&>*8-OD0 M10-V39!@Y-'WLG>]G/:4ANZ8DH_2W$U)6\,`>]F4B%`G_F!V,DE?R]B4_8F. MY!GA[X0N*6OS'B/"%3\-LBMV^+LWCJ($OQS**D'HU),9"PEAV`%J M@EPT]!\Q$4X\0>Z$_.S20;`.R=?`)_V1;VX0,"U40-ABEI2?1.-&.7X2.G#R M(WEUX"<>67"F]$?WGG)S#>Y6!TKY0WB"AT-,3W.S2;IA."4"%>-)%#,T$C3[ M=,;W^,$/Z:5'Y`Z)QJ:W.=G*L&C4($`DO.YJ=`T,IH/Y`N>/YZW0.?@YI6-, M%@&*2=I[\)P3HCC.3VY,_S"(V,5(^FH8I;2UL9^FRX_>,:!F'"7/>=.8AF>0 MM_&C&TRSBR[IB/QE#GXZ&(9Z\A)!BY\2BA,&C%Q""]I9R@[69^8$H?)PKF^2 M_)8HX;ZLNO*_IR$N*DNB!7,=Z!)Y6>B;::;\O,`E;3YG9")"Q.2`BBFQ!:8! MH52,749Z`I-QICS<^`'G,N>QAPA7Q\0(RB"2Z3^"U<0G[<_D908%*M4N:=J- M\=F]2R,H)NXSI2ARGZC@N,E25X0/V3W[66\N`RV:72!;@0$1?Z*4J`+,)O&, MGMC@*'2H/)#FJ>CC,,F4`I7_D(CVZ9@EK,&L]YDB>R!:*$640*]F\C$;X!/M M9Z&D"*+IXW@\":)GC!D"663$`YW3=$*ZH;TE0X(TVN>L^9?D1)0K`07C/:;V M4T)UR'UF/]*9;WB+(3>C_JI0S/'^0MC3@L@LY/N_7:("R!I@,'%VMHOC!E$L MBME,:#,MF^DY)F(N&KM4.]"J+9D$1F%Q2#\I+7Y7^#YF9*3F8TD1=,FQEO;L(=Z(+6N@&S__!!35+5@&SEL.9 MO#.;_IA8=R*4KQP`F=FR:[!!+8C%(K6$B6Q1*ZSWR\"@?%ZI@.3AF.8L6*CS M3%N[@6U=#UXUE;A+5SE3I- M\DEL[)%H.JH=R=B8LACX=*K,3AA'CQ0"N6E8Z&+D$],N]D;/Q>%>A\3.<@?: MS&1;C'-N)I+^,GTYR2/Y7&JC)7CBQI0J9,$:4_QFB&>K!@%?X+M%Y5T8!OEE MF>[4`,ILR$T#SI<,L@G.^J.:'B?D_<5[S9V=/'AJ%V.^O!N!MZHG_P*N$BW5TLR/' MN*N&PIH]1Y:!5PI2-!C!ZQQY69?DOMBOR_5HF5:M\Z[JW=Y7A.J]IV%TS5JI ML/UDJT3T_F*?,)2JR9S;6K,3YQA$:]ZWSMX*X_ M(+KN&?-2VUQ#J0C:5]-+R:*X:PR`,FHVJC@NT3P#1FRGWC6Z=G7.(UY5KW?. M'-0YAW`K950;Q]L9EF[4*_4U:;9:HXM-IUX+C<.FBT<$RQ0SQWY<;F`K4;B&+/B6+O)$J__P+NU<=0%(7B M]! M:AU=M6A?IVNN!/'Q'EVEK+HZV9;U!0ZO&C@-FEVB4WEX^4$D2_&\<8R+J^R' MCI(,L;\!@8M.>(RS8HTMH^N8&[#(>YQ51,:V.BL'T8*&64WO6([1/WR8I<)] M]L!L/8$^'?O@"6X-`M@#/`>&=G3EX1B?X.+#!?Q@CM6;ZL\ZG&/50JWVT+SU M%J8P^GKO\/6D9-1130S=)WN97%/DD:#-KF&!J!^\/(.?+<>L8='@(K'\HH!M M>S7@NZ&5LL:>Z&E2'?K1_`"Y._(6>]-X5L/HGF7407?N]Q=TV7#B1KM=[7/1)740 MT@ZOHCCS$RXZ^\"Z(CT=7,#'7H$$MY$>&1^JN3Z``SPX4"VG@0Z"P$>MF>+AV.'.Z5GFBY)TV.+V*/'=Z=E>EZ574+%U[ MU;B4>WH530C3[IC[3^\+2^878S?P_X,'Z,'UPX1F14KF\HK<1]-I<>B":;(E,O'W6X;V$7>R4QC+/3%0JF4!03G&-RZIE$C#RI'0W!C11-7 M(21DB`1"(38P74(>E`R*DT0K'10@)R'U]P@)E404:@H/E9`GEV4BTR7APN7^ M4>H24KYI723P%JZ$U&](X^_ MM&$=D-*@;>(^&4\V'7JT2ACWOZ03?#:(GL+E8U7:SKQL!85#UB[7TU8V%CH4 M+D>N3K_>`]?MHP4>[7'(!NP1S)Z*GA1C]<(D,$D(DZH5_VB(2>1)[#^$LZI` MWG-6#R]8F[9SVYAF[5S.FKFCK62%\B["P=VBS?H=A:N1W5P&*3>]*B'-ZAPY MO2I:(`;0JU+(C2T/O>IVH?`#H2B'BD1@YK77;(Q)0G>>W$6G7H\P/_.@>?\P M;U;4<#S>F$QP.RP_7OQ+%Z]S7/B7)'"--]';L23S/^/@;R75$2O;&/YY1LX> MJPC(=LS'FP^7AX;O-$;[2S[!/+`SDSG([>A6!'GN4ARQ/ZFA`!V)G.\R+1-2 M1//70/`](TK\[)2OMF"<.KSXUFK.IGU'H@)Q*AZAV99=1VC2R\/?=.2&Z`X3 MM,N'[/37=H230.PR+!"OLR;/B/D.J/D*ISYKJ76'>E@WOZB^:SU M0MOSEDG#R=*@#P"6?O)^77C*X6-J!17+'AKI+Q4:4+"2#!,*K@T?`#)6.AT7 M1L8+\F*ZG@#9GUY*DV%:NPJ<$A7NK,E4D;5X^`C*Y!?OF+TU]F!-(RBSDI'' M5A.<;QS!HI0QWI3@/%L%DY382[,$Y(O,8X?F.C?71P.O[8SOR"OF%>^N5O=J MMNUS,"7C+C5\+M?%];K?T7!@([T[\2*G?V= MVK(%Q7H1^PE]XB/Y@?SS%<=^--"JA-HMNIOU1CNC7=V$A<#IK)NLEZR3.H*> M^E:YG>H!8SP2RE<,!R)KEPV4KPGS%7=UG;6*&BB_!^8K.1O(X^6<#0I1_DOE M/%[[3JZN0%?'6:W8P6F@1\B*RFG8]'))](`5>["B8CY#SI;0$;.B$`70;8932]B1_M=LSY5(N*\M><=>( MG?)OY$=V.C,OK_@I3&GIQDW'A[5`_U]YMWFOK%-Z.^OYU\TP&PX[)%S[ MTG/5\\*6T[?3"'W/'/.H0$PE6U$0,T<].XS]AB?3V!O1&J[$:M@=\K2&BJRQ MJRA>-'4SW!5J=*CWU7&<5:SM,PRY:5+-CG+T%^+'BR3%&).2DR\$=QPX3]/H M6"]LHAU=-C"IBC5I.VNLGLJ3(K.XB8EA3$\E/_J/_@"'@T0K-;.;X?R%^F9E M=U:.XK;WUL2$JF&O8W;6"UG9"9$E[<+[8^K'N-JQ<-[`731[?7/XR8$\P::V=S[I^ M1$ZA&A+WF$*,ASB.\2!3#1H-2D6T\`J-.QR@W]Q@BJFC!+&W7TPF?YN]3%Z] MB;,7V7OD-?96F7V\59S*]9KES;<6\UD@/YWEM'W@V MRW+>H>^)_R;T@WUSO&RG;HY:A(D$7TW1$=,)_\&#[ M(++'%T^7H8"Q&AFE9__;!(W5/L0-?@TQ%1H\1\I?TH6,WE1@NWA6D2M>;.G" MY97.W[C2Q9&'\2"AJ84XK'4=RUDY&MK58=/SJQCHM1HM57IZ^8/9S/!W''M^ MMF%+F$$?3=;[;0OM,WS<9,]]FC6P#H,5`IX-Q]K,KK7]B9]0MA$./KLI??CY9LAM!]K35\X# M]QR&E*2HJC8=N[6DJ!8\D<6DMY04>U>B/90(-%H@NXFU9FI#GT7W'RC.W6ZO M8ZQR;M;TH>.H`B!3[ZQZMFH:1S7N&;;-B1X5SPLLL_/"AMDRCE*UX;W7X56'^-?:)?TPB1_4L2!?X@ MRWS+9SJLL[MHJ:M2LS*M3J\*P@X5DC)SJ2PDJ_YM[C*R4]#W@-?+_1977;53 MS/?05785,3\<24;]2#*K2/CEU16OD5\2_)2$3:<1G50&0/OJ),/N&V)7O1(< MV6?!Z-@O7`XFNZU[UFXVHO-].(QMIW- M@MH2'@&W74?O+JN>O?IN9H+EXE3Z*SXTA298RJG0[_4Z`B:X5<1JG.Y!,LB= M"A75)V>Z[*U?+,2T!I*D9#S9*6/6>H M53?].X;1:8GV/MR":A=*:G3YF"(@TI!":N:&CA"*-F,L;%P']_;\VJL[&^6- MA?I\F4;?$F$MB%W?ZM-<=L_HMPP[]3F1+=UIKUYO_&9KBW1Z_0XVTJ*CM\/N MW+C@-6)W+E*9X>EYU>+17))5Q.UC=3B5\E28!+)TT$%P-1BCB3Z3FPY M$K58M$=50XEDJ:9:AHJQ;(^:,Q+)5UV59FS;>>%84(B+,BQ<`BNWJL6T++Z61OSM_+7[L(!_.7#MR;6J;E6*N[TQ+=-CB]2FD7 M#+W760V:EGEZU4P%FORQORI/BAU*IM+W7($&K:K=9O*W#(]U46[OON5VK,NU'6F-R3 MGOMO;.=#F%68I[O47WSWW@^RY(2?6<0#'B`W15>N'\_RL),UTD7?:`I!5GWI M@YOX+P9_ZXWP8!K@FR%]D;V7=4)VEX4N\AYNPGE[K+D[>A1T1R;](2A3J^/] MWX+T[TK?K6BP\@ZIU04=_Y@;^0_@&_7N:I/[P.>OF M;D332P9!]$1)F6;EKB9D&TY]SWXXC.)Q9I6X]]$T12EYG#I6W?#YI^1O[GCR M]J^&H[]U%_P+"OR[?T9C]]_$QO'<%#]$,?UM7.#ID/+T<<'3>,[3>\H$Y+(\ MF+=XDC*<(TO7$*6YACYB;_:3P7ZR6=\OGLQ^]L,!]1/3.EYTMHM.1SZ.W=@; M/=-NZ-_HS]ET4^R-0O\/"O]IZF>5,,ET"O.GAML`IS@>^R%&R=0;%9I^0]GW MFO"OP,K\XWV,7N>?5QZIB=OLZ2?L/XS2-^@^"@;+``CP<`:RP^5N(X_0J4^H M.(JF"6D]>;4'/;+CV/LH'N"89A]&'@Z"B3N@OJ+Y]V3B>OGW>HCWY`_2$7U5 M_W$AB6D\_S2@'"9T?'=R'Z5I-)[W^XCCE.`LR,F<_7G>H$W:([CV?G^((V)6 MG7E1$,5OT%\]#^/A<-;57*(8,=+!P;T:AW5*GB<4)KT2M5YQ`+MZ%8EX#U/? M8M;Q_TPC>O9&=D0>:9*`],)+_4>\BKYE.H314^Q.WIUD_U:FQ0OIJXD]@(EZ M,'%+?F&'B6318X>'@`9``T4#X."(,%G[FRY#]3S`H MRW9:+RB7>FT*E)_=^'<\*QMZ/2!_H(.7"IR`"+&(N+DG[[`[\P"#(X;!KV$$ M0``@$/.UZ(M1#PDUF2TS1]%9]OT-,B??J[EB&F`?&KOQ@Q^>45J^0;WS7H?V MQ![T0[K6OT%GLU\+[KOM+*Z1;`WN$)@3<#ZHOV8%&.G@$#O/EI*;10_KZ2_X M$0?(>.$'K54>US)/DETF`*M>8%V'D^D"6"8`"X#%`U@6``N`50^PZ*E@2\#4 MH(W*;XOQDE(5S=%+-QDA_,?4)V2@%[Z:-DPY;3QW2^!!^Z(Z>J;\JL>3G@%R0')V6_^9R`S(#/*RDP?1`9$!D1&>I%I MEWW6RN.+@[>&B_L++.1R4KANT?0ND9/WJ'XE),5`RYFEW)"HRAJKGDL2X"T+ MO`U;LXP^8!PPWJ#)!QH`-1Y%)O71)Z_Y%=DWQQQU."<$89 M`O@.&\8>?N\M`Y$QP!&P`=@`;/#%1AE')D`#H-$.:(BQT1IS+QO=M49:?QX& M?W6+SM`L77E"\W_7ZU1N9-9+-N>896MZGV\8H224;YS=@#I!_BI)B-XX MIZ4$7`O]HY+0O'%&`]Y47U5;[IPL9_A^GJ93-T!#FJL57))RN)WJ/U/0C*XM ME8""TZ+UH)/+#`'`-6^&`-X`;^W!FZ*+ZI&[>^]BEQ6W`I?O<3C?>H[6[^I2 MB2EX1%J/.KEL$0!<\[8(7[QUNPKZWP!Q"B.NU]6ZMH*@.W*G[\+\!<>O%'8( MWSVJI1D]N8Q?\(NT'G1R&;\`N.9-$<`;X*T]>%-T43W&W!+ES>$2A9O@LJ9< M`Y7!T61`>`-YY,`@`/`VWO=WC*Z@&_`=VOQW37;HK];[KG?G4OB M+DK=`/F;,DJ`$[^E_E3#[&A.CV^*2TE(WSB_`7;"+'])R-XXKZ6$7$,1M3KG M3+Z2T+UQ9@/F%HNKH_4Y[P&%NO.]O#J4+7;JJOJ MD:_&OP6K0>=7&8(`*YY,P3P!GAK#]X4750; MO-,EK1M80(J#HZE6+D?@=#.>/MO0>B;?>Y[B"HL#QJ4;J`P85Z"4*L!;%I)Q MN/L"Z`9T2T(RY=#=*ONDY>[[?2]WY>&OX,R7PZ^J6$`88`.P`=AHWET)T`!H MM`,:X'!>:[WMN)T$SF=U]W8-7;XV.IIN.RW9W0'(I1NH#"`'_QS`N[W^.4`W MH+N]Z&Z7@7*,N9'W\$DWO8^1(JF?HMD'&PI6MW6M:_;D5Q.08E,6DJD'2<956Y9,FK`[8;/:=A3S]ABA4Z MQ&`MVO?:X[A)@M,$N2D:NGY,J33%7#<[MFPN$3(@-(BF]P$^<(M=NV#^4"LC M*DY?!C>YXSB:(3C2SY;8G0BR`[(C\=8,1`=$IU[1:6DR;A`<$)P6"H[3,S2G M:[=$=%2_F+%CS^B1'2&.LXY_\=U[/Q!=2^=8@V,AIAZP`=@`;$!0/4`#H`$I MW7?D\KF,QN,H)*.*O-^//:>[Y%LVV7R`'#=[P"^`=^MC?L& M[0WH;B^Z6Z.\6WFAX>#;"[?8F\8L8H7B;Z`1?J;H&:=H,HV]D9O4G#D4HN(D M\88H&(G-WV,"\:0@.6V4',%K.(@-B$T+PK#%[NM`:$!H6B`T':W#N0Q>(S<7 M7J@;W?W%].SJ@YOXY-T$14/T$7MX?(]C9!D:,G7#1J=^B-)1-$U( MX\FK-7/=10Y&OAF+_M737_`C#I#QP@VJ:%P4`*MI M8%V'D^D"6"8`"X#%`U@6``N`50^PZ*%@2\!TC/5H=YNCEVXR0OB/J4_(($/= M)K'A)755=ZN3I^*B2R2N]VGVNUJ_:\BO>@0%9H'D@.3(&,P(,@,R(^#F&X@, MB`R(C$0BTR[[K)7'%P=O#:\7U7QIQ.7$C=,0Q\G(GS2^2Y3BSK:BE\LA\TUK M7)(`;UG@;5I:3[<`XX#QUN8'`0T.Z&XONENEP%M>"J#RUB69Y[YY4^O.1;W4 MO4V6Y"D[$!D#'`$;@`W`1B,U>0`:`(T60D/U:ID'IE*_N+IML%33L98]:\8Y M9O6TOBU7"02I;V6K.7?94"=7\1@`7//F`N`-\-8>O*FZJK;<.5G.\/T\3:=N M@(9DR,=>HE0:MU/M$FIHEM.32D#!:=%ZT,EEA@#@FC=#`&^`M_;@3=%%]'@&\ M`=[:@S=55]4C=_LN#."F8AZ.=9?:D.^W;VE=BV\Y-DE(WSB_`78+V`'@CA5P M#7GCS#[?6S.2T+UQ9@/F%DMK1]/-OGJH`Q_PS`1N*/KA6/>I#47]:G9?KH,: M<(ZT'G3@C3M:P('W%_#6>KPINJ@>8^[M\N9PB>*ED-=1KH'*X.OK&`KD*^'$ M+0#X$0"\U^\"P`'@#>:Q:-;1.C^]^4Q*Z-\YL MP-QB<>UK'4M!U&TRA[V\2*I=O4AJH[Y[UL=JVN!)%"91C`"GAK/=Y4756//+G!4DY;T7;O ML6XAFXG)LS23<]BI)(1OG-L`.DG-$`!<\V8(X`WPUAZ\*;JH-GBK2UHWL(`D M!U".6HJ[+YRCD;BJ`ZBV#O!NL2,;X`WP;J_;'-`-Z&XT4+HEZ&ZYTW[?*UUY MT"NX\.7PIBH6!@;8`&P`-IIW4@(T`!KM@`:XF==:;SON)('+6=UM74,AS?SO M(H+K`C`.?F>`=_OA#7YG0#>@&^P3"3UKJ[`.2Q@7!:2*9@\EG43(@-`@FMX' M^,`M=NV"^4.MC*@X?1F\Y)V^K74<7:AFLB7V)H+L@.Q(O#4#T0'1J5=T6IJ` M&P0'!*>%@N.8NM:S^=9+$"H`'0@#3N._+W7$;C<122447>[\>>QUWR+9ML/L"^UN?L/9?$ M:0%(;CF2Y[Y M05RL+"13#]Z.U0&``\!;&_@-ZAO0W5YTMT=[M_)*P\'W%VZQ-XU9S`H%X$`C M_$S1,T[19!I[(S>I.7,HQ,5)X@]1,!:;O\\$(DI!3T=1B%STC>[_8GI^]<%-?/)N@J(ANL63 M%(_O<8PL74.F;MCHU`]1.HJF"6D]>;5FLKOHP>@W`_2[$_T$>3@(9JR?0UY4+*1L`0'D>4)ATJM96>ADRM10O'7S/],H)=#^&OL> M9B5/+KS4?]R1?4'&LW7`1&V8N"6_^$,RXC`MCY#!R\5.`$18A%Q M>62;38#!\<+@US`"(``0Z`E]P1>C'A):6>^K'/NJQF)D[KM:_<<<*VD<(FH[ MHZ`DY&;1PWKZ"W[$`3)>^$'EBXU2KT3+40+K.IQ,%\`R`5@`+![`L@!8`*QZ M@$5/!5L"IF.\UKC;'+UTDQ'"?TQ]0@:HWK3OOJA.GHH+,)'X/IG5Z6FF(380 M&&[=@.2H+SEP4PUD1EV9@7QR\-;Q>U/2E(9<3-TY# M'"]'=*@6N>CVFNK@&:``T6@B- M(R_:='%U"P6;!`Q#!N>8Y6A63\%""(`ZE5$')62.%G`M](]*0O/&&0UX4WU5 M;;ESLISA^WF:3MT`#M#)988`X)HW0P!O M@+?VX$W11?7(W;V+^IE_CQY_2E%T3YIR4S\*P>W;5@>\/0)X`[RU!V^JKJI'[O9=&,!-Q3P5L$\`9X:P_>%%U4CS'S=GESN$3M4LCJ*-=` M9?#TV1V^F@#2E@+`&P5X3P>``\";S#C%%]^F"NFF`-^RD$PY?!M:IP,)HI7P MW>].J'87I6Z`_$UIU<"-WU*/JMDQM9XNUVD;^+E:#SO>MK\D9&^&L]WE1=58\\M<%2 M1EO1=N^Q;B&;BA=J004_!:M!YU<9@@`KGDS!/`&>&L/WA1=5!N\U26M M&UA`D@,H1BW%W1?.T4A+?7;0[H!G0W&BC=$G2WW&F_ M[Y6N/.@57/AR>%,5"P,#;``V`!O-.RD!&@"-=D`#W,QKK;<==Y+`Y:SNMJZA MD.:^UC$5R-QL$S!_!NKV<.T`WH;B^Z6V6?'&-&Y#T\TDWO8CCM MWX\BYV`SL<)FW]0LDV^^,DBL"2!O%N2VUNOSC1@%C`/&FTT>RSL=&R`<$-YH MU+_1TTR[+2G`.6UH[$9/:=C33YABA0XQ6(OVO?8X;I+@-$%NBH:N'U,J33'7 MS8XMFT>$#`@-HNE]@`_<8M0G.JI?R]BQ9_3(CA#'6<>_ M^.Z]'XBNGW.LH;$040_8`&P`-B"D'J`!T(`T[COR]UQ&XW$4DE%%WN_'GL== M\BV;;#Y`P](Z!M_]F"1>"X!RRZ$L5RI$0+'J*&[AO0@`,8`8C`JXZ;#7+N,F M'>&X5MA"Z.`1!(`K<-,/(F-E(9EZ\'8H;T!W>]'='NW=RDL- M!]]@N,7>-&91*Q2``XWP,T7/.$63:>R-W*3FW*$0&2>)0T3!:&P!3A,(*@71 M::/HB%[%06Y`;EH0C"UV:P="`T+3`J$Q;,WHB4WM)>0"P^O4)>0NT"S_>!^C MU_.'BE.>??[Y]30Y>W#=R9M;;X0'TP#?#*]3%,W]:,P M0=&0S#7Q/>2&`S3P@VF*";G)?LX/O6B,T03'*!FY,3X[RQIX.;9/;AR2+I.O M.+ZE3]*^/3+"CUEKRZ-`'@$(^?(-#]^=>*9N='1#-]*(?>I;^LG[=0BK=@&C M@$<16^CL5&_$KO#3IKC=)5D'/?H4_=G;BZF(_3\A?05!])2\685D"=0RE",/ M!\%,RMZ=Z"?L>S)QO?Q[/23)!537?UQPMO:#Y68=,NN8S/5X^("EF3Q/F$SZ M=RJKY-V.39F2?10O;MV-8HS19_+"*$&?P@$1K5L\2?'XGDB5I6LRN#\;3KX* MD*H&J2]^V%9$\8P`:C;JA_5QZHR8UESE3C,SQ8U(%F:,&IZ2")?+X%6!3&3929&T#V*@&&]`V`)MCTS8U67]J MA4@P_]<+5\IA7MT:-E1[R(T$CA">X&]RWPP+SY0VZ9M5FHICT>1UZYS\EF=MF1(PR'!][ M7B[)3[HE"WPV;*WO\$V;+$E,.B"YW4@V+E($P\B3X$[=(Q86[%"\6U+RH.7(SU8@03TXQ@`:``V`AI3D:9PG``VE_=.V MS/[I#0F*BU9=,0IF<9N)JT\:,D9`QHB2\]?/G;;DBP"Y`;D1*#=]2(<'<@-R M4]5C>=X1ZZ\$N0&Y:8'<6.>&V*,L50J3*^CGYY21J'$/!SA:9"5/XSP!:,A* MGL9Y`M"0E3R-\P2@H93G7E8G_6Z+;)9>M=Y$$^H5$FU0?,J.0\;*G``-@`9` M`Z`!T`!H@(<,DHTTO0N2W/DNV75@2#8"2&X'DB'9"""Y'4B&9".`Y'8@^N"5Z4V]G)DOT2_V.+?[Y MV"0A?./$;YS:`3F#.,DD(WSBW`70"LXC)[*-L64)D%LOJ/Q+S M.(V\WU$TR>K8T_+U,4[2V/>H#9W]T7URXT&]X1*0=O`(T@X*OOL.:34!WT+Q M;1J`;\!W>_'=%YOS!_`-^!:*;Z,M^&XPIY[$)P%W4>H&7'GM( M_;S#]_8QN$E`;EHI-WT+Y`;D!N2FWJCDSH0Q!YO[__\Y\0^ODO9V?Y^R@:HH_^HT]V<(,$?76?F=/]'^PM M1%]#[+U_GIUEK[[L?_[V[.5Y7\@C["9?ON'ANQ//U(V.;NA&&K%/?4L_>;\. M+Z6WJ*OHXK`+SEZG3;U!?DH`X2UCX]_3)/6'S_E!QHP.J\QK:#R;,_5D!RN9 M,GAWHI\@#P?!3!#FWY.)Z^7?ZQG]3(:Z1(CFO*K#8Y*Y)$Q=]-$7>_J)W;ZG M@PI6`CX]3-`?[^+%LC+;,>-R/9:DPO*XB/".R>M M>'K%R-D&1JB M^TZ1]JT8.F5.&M;)T4W5Z'*+5G1@R%=3=DI'A\CV,^*FNK3U46 M`W5!`[,/-#`ZHFD@0UC!`2E+I!CH,1CKM?C_15KPVX)I%#3KO_AALZN'74)S M"LJY=,!0&@W6$IM?Z9!@+;YFK?S!6KS->L$)`O<*UI+5DR[L"*>5O:KCK94E M7[8\U^S``5K'V=:.W,.*^P6SJ9J=HYFJP9.KZOA`)3?2I+/`=+E*L\AJ;$FO MVHLG/D+5G7`O(9NI:1_+3`V>/`4K6`:/I5PJN$GG9)FS+;5,[A?>R7H%>9]S M'>$&*M!@Z6S+$4T#&;RPD(Y?_I5"^;LM9914RWS(4Y1\RM42ENF5<-,!)CA3<7=@0@ MVN=&-O9F&"IU3@<8`@SM5D1*@Z@F'X#`/=C^/=5[T9R?"Z,"&"_=.'XF\!!\ M=@'L;H;=5ZX?H]_<8+HCKP@PO"4,!_D^*G:#?!\9PT&^CXK=RLDWSP@32`Q@'156-+3Z]#E(ZB:>*&@^15K7M.:1TMDGHV@,)`8:`P4!@H#!1N-X5K MOJC?4^Y":.>\U^W\B&YQZ$S*GZ'K&MD8"CZR:P15 M`.6V0]G1')-OZ#Q`&:`,6AF@#%`N#65#UPS3`B@#E)6',FAE@');H-S33!6A M+"(MV`8OD,1G;_J/Z'9*CWS]T$WQ``WP/7EH&M?L#(+Z)C+D@.*&0]:BHW4[ M?/6"N`(G@'#I!BH%PGN<5SY`.""\280;IF8X?+?<`'&`>*,0M[AOQ0'B`/%& M(6YH?5ML^2J`.$!C/5V"=>4Q`%*=U'J!ER]4%`/LD4Y<_F' MB(AV;_$K"0FB`Z(C\!S?TFS.T54@.B`ZK10=\?XX$!T0G3:(CFEQCQX#T0'1 M::/H-.`_!-$!T6F#Z)BZUA?LE^0G.MRJZVPH=+.VN,Y'0MU'-_4?\5)A'3]$ MMZF;8OJ-/G;EAV[H^6Z`OD:)G_I1J*%%8LF*=7CR'@L=7H?S[FZ&\\[ROFA/ MK",9BO;L8@U4R6EYTDRQTY5HXF4NN1OZ$:5$ND@2G!94:(($)=MM1X:M(],; M(#XKXO.+[][[@9\^MU"$-ATZ'Y`-9.V(\Q^S8U^C*_J*1`5V?W`#8M9A=#O" M1&O^$GDNM>T:D4L1N5MVBN4:TC5VNT7)JG62M7%[H9G3,S MNUY'']T%*FG*"+2E4`/0&FC=&*V!JVWD*M`::"V(U@)RN_;/+4NR%!K;_)M7 M44R,K1#A[][(#1\P"T>/72\5E]=5,8I]PQ[V'UEH_#".QN@^CG['<>-I<,7> M+#H@,U$++A8=DNZ([_3/9#AYDN(R'H@,B`R(#(@,B`R(C!B14H^,R,V MC<"$!>4BCW*Q',WJ2!%!)9V&`;D!N8%%&40&1`9$1G!>Z,W&K9AXZXK&[>WT MGABV(O-"2T$@D9D"2F2[XG7^57^V*VX\$J=F#\IVQ7?^8O7L7GFN!-VO`:$! MH0&A`:$!H0&A$22.NW.2>/.$5+[F)NU+8R(%9(YU* M,O?##L-$7K<`:``T9"*/3`%W/-T:C6,/1$!6\C3.$X"&K.1IG"<`#3'DJ2GL MI]HA@TDF8M'":NB1^K,-\(_)("U^``C0`&@`-@`:/9>T6 M>]/83WVRYTRB8*`!1`&BH+T`&@`-@`9?\HC:/$IY]_G3'U-:K(]/KB,U29+, M+9$C=V'7?N1?;\B#9%?H#-N"HP[O4=@#'`6'D8Z\<4-:28A;4@0!BE MZ!FG:#*-O9&;X`&87"#DI2?7YUOG4"X9!Q2W%,6.!3`&&*L/8T?!C4.C:="Y MW:]H;1IT*2DF:1IT3D<#]2?VDF*@1W@&=`.Z90,-H!O0?52& MG'QYP*40+]`#Y?5`1S.Z)N@"0'B+$6YW^1ZM`<(!X4TBW-$LSJ$\XA`.91Z; MR8.7Z\6]N,,5W9!8?@LC[_?V?_X30SW\Y.\O;1=$0_>;&/KM?=AVF M.,9)BCZ%:9;Q_!]W[`_T?<0:^.?96=;&RP'FS>2MY(W,.V<9&\B7;WCX[L0S M=:.C&[J11NQ3W])/WJ^#36GC>15D'.SSG,N9N"RCX]_3)/6'SS/'^@@C-TEP MFE`"IR.<8/3;]:<$C=UG%(7!,[K':)K@`;W3EQ"N)D/R^SUIR:6,R]]B[YPO M<(1HN\,H"*(G6I^280=-"+%9T17ZPKT;$`R02<0X8.4L2?MY0^2#FR(W9JDS MV'$3>\(-!^Q'/_2"Z8#\$(7L%?+0`(=TC$N/)SG@V""'.>;8XPQU9.+H"0X^5<[)T!%-AS5E>[>1QL-42N>]SLO0CMFO;'BGU]30BJ8)L7625QQEID&:\+`5 M-DA$RV9Y%),$5K9FDBJSDL]2U*"I4G4ING23$=MR>_0#_F/J/[H!]2&(LN2V M>(X/PU\S3,@E?ZN",_&S!$-$.VG6H?_8YB MN<0W*EN0K#XSAAN*FV%"`<7=7:=;0,3=1.2I38&$8,:NZ+^)&Z*H*IIZ#F4\C4NYT?O=!XOH&&*A8LAZ6WA"8T=8>G*CP2,H(1J*`J M5,@(O/"\>(H'"'^?T.M*2781B&V%`]^]]P.A)]2M/9]IW!XX-;M@F!Y.10/, M^SJHV-E&Q:,W3[_A`<9CMC4EF*2%MGMI/6QV84? M;:W?X1ET59,]>@RL,$S-,;<%%P$OA/+"WE:O>V,*H1()2[9E&=J9Q&>>06B1 MCP@5$A)IZ.\N4?:GOT1)\JI2^J"U^8UH8[2I#7F.<#R,XC%->"-#DJ%==,\2 MQ0C-#F/H^J;T,+57KF@ZB<":I`'+=HK1F]<]>)ZPS%<+S&U7>\=`JUF`NQ>- M,9H+&_HE\EA&JNWT(7,@$"8$ZE;.NK9F<&LK@C16":Y(GKM1C#'Z3-H:)0B' M-%G64DJ*[5024RCE@-W;L;#QBQ^VE8L\ZZH?3RIL":=;=^<&:TQHR^YYCI5O.ZX'`=\DY1O(FYI\4UK>:C)N9GMCTQ%]QG!` MI;ZK*"9X"A'^[HW<\(%EYTUCU]MUCGH$I/F"4_3@^N'KTX`YG=B]/W]Q4YL' M@<363&US153)ZIT:6K_'=VV3I"(P`+G=0+9[VXX/`,8`8R5@;&@]T,<`9/6! MW+'YUDOC`F.>WN0=6PV!KM;R6XU/?TS]])G3WJLU5!*Z(=M&-2E*BA7\0I)4 M8:LV4`EJ?YE=&;Q64E3,`WBW#][=SHZH.\"W=+`!?%?8P_7%%FX$?`.^1>*[ MTQ=;"IL?OCGM]^P2.QDICY;NHM0-N&Y7)".-R""K$L6?.;F].!1_5LDSQJ/X M,]_YFYIN\#W.J*7X,R>X@N"`X.Q]?&+:.@@."`X(3N45IRBTF,'S:1J= M.GGYMZT6LSC?):F52>+NY;>*(M9:V?WM#E4[!(5^D3WSZCXW*Q? MQ#K6T"RXI-`WR@HZI*1W-.M>0]D`:$:=;`@:^E]VTX0T>$&63/[SB&C7+25^.G#M3ERU1P2Q2X]1KF\&'3'Z)E2#+I;8=!&M]>18-"=^:#+P,,TN_4.^LJ/DQ3]#[%(4R*W MU0R9K:BQ+.-?"W_JI_$DB)XQOL7QH^_A#<(=!+-$93?#;]B+'D+_/T2VV<&_X?=F-D@;!ZSOZXS0-:PGWGA2U-RIMFB(8H7YE_" MR.M2M;-9"]].[Q/\QY2:LI\>Z7]+&))?HL?9QEXWK)G!6KN5F4WI9LC^FEP\ MNGY`_>-749QU^`*JA+OFBJF8#Y2.D[U5WD+\UX(PC"[SIU=^+^,Y,BS=J67U MV$&3A6#Y!)U#WZ-TNO"\:!JFE.]?H\#W:#VG?VQ+E[EX=_%J_J8,.3#%I"Q< MQ*I=G*_+D;6#Q*O'4R5R=]8\-=;4&^2G9$+>IKD1A/D)51M?"9X(RM8F8A0Z M]N(X_SU-4G_XG`WUUS#`28*>,!JYCYALH0>$^%0YL3H\3WZ"-131_?9\/[GX M"]&*Q.Z*:3<)T_].DQ-6&>@DFA*-0`:3^&36+AD4CL<)(C)+ M.UG?!V%4@B8Q)HJ#3)/\SEJB/R9$X?@#WXT)K,X;(/SF6$T!G=\1,*4I&0DZ,`$!P],] MQB&E_X1P:3!+)D]/3*E7Y\E/1^@!AV1;'@3/R/4\ZG<8T`^YW$]BTJH_(1!% MIP0L%U]/7F7XPNC7T,_64#*DA-`EGD]C,5Z?]979+93OK$?ZLL]V"A[;&E#P M$%4_)A0^^Q_VV#=BOM!OND&G^0T_3(.LC=NS__>T:#B!7Q MFQ$`D=G,.EGN?1A%*7D.)[G<#*CWZ]?SVW-$I[9Y8M2("W"*UW)BK1J]SIJ* M)GY(>R>S(/!PLU60#?I`[A-Q#["7LJFZ`PJM60[IIY'OC9A(DCY=0A9"@(`\ M[DWCF#(T=--I3%1*R.21^H7I!%TTI#ZY24%;TO<774^BQ*>_4D633(,,?]&$ M("=C(26OYR8C-`RBIP4X6>,9*[(Y3IA=F>0]4;"1-^EP*0/S01'ARA4A39+- M9C*MGW$ MCSB()FMS1\@!6&(H?7:?F7K)[*)Y:%]Q'K?4QF!X>G)U_DD>_1.>LFS.]KZ&3;X0RX11G_+[,LY)D,+\D`XS& MF.QA3F;:+ID2PX7@$"=LC/'LY3CSES%)FTG$7';H]?+:4]IF.L'IC=RDW>V$R:F MRLSZI*\M%J7RH&):C"7(5L)Y(M!LS:.B_F(HJP2A4T]F+"2$ MB1Y]B@5BE9(EC`@GGB!W0GYVZ2!8A^1KX)/^R#=JHWO+"%O,DJFM((D6&I4, MW&7K[\!/O"!*IO1']YYRZ>[RHP0Q7%^ MK&#SB7.2\W2,?,OR8DH5P(*QGM,R\30#7!TSXH:L9EO>(LA M-Z/^JE#,\?Y"V`N>O()\YU%@F2GO;!?'#:)8%+.9T&9:-M-S3,1<1$VFF#E_ M,@F!Y0409?,:9`)("[,_87-,"5*/V;6]5:JBV+V MLMYEJ)^R69`%+72#Y__@@IHEJP.1_)#YXQBJ$;FYD>Q)]IS9EDQ]V#6%F'M7*5.DWP2&WLDFHYJ1S(VIBP& M/@LZI!V.HT<*@=PT+'0Q\HEI%WNCY^)P:7`)=@?:S&1;C'-N)I+^,GTY,]"8 MRB?K4;8=)J\0A%'\9HAGJP8!7^`O;94+PR"_+--]X4W9-.!\R0AHG23:7]'5 M.7MO#O5E%^M\-7PA_DO0R=>$C7J`:-@ABR_X8Q9?0'I9U0+ES"I"2+*')A!; M4N:EA)B983$.V`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`<%RM(,F.&9?KL205EL07V5(ZHLGVWI5>8E\6BJW>^`>V,EVWOGO<[+6H>S7V?WKF., MT9AT.DIFU^<_TX#P?-/9$6G?BJ%35C&%=7)T4Z7W(;E-56C)V(.*H=9)<`XE M@"0K=JN?Z]UJVPN1O&Q6M3=6PW8OU8>QG9X+C:HNR.;J>$(U^N<[%I) MRN%)5F)-.A79L2RV3^^6%I<;/=80;J$"#I;,M1S0-9/#"'G"V)<5`C\%85_YN2YFS M+8G-^A)G6WRU1ID#)4Y668U#:?1L2^Q!_"%G6RJ%!/,XV^)MUAL]^<^VJMKZ MK]E5\`+%\H_-WZU?9$3X+6*)\+]1$$A:/HTF\I_EC:#)OO+\-K-4:%GNK].3 M_&>69N+D%4N`D/WV8?VC'^:/9D6IZ1K#2C@P@:#I@FBIX*SJQ*G_:MT0LAPS MK!9H7GLKC5!$%J9'FB]D7A^"E:P-ULSBPX8F4ARR)I)"C0F:#B((:.F9E+:1 M5:*B#[&2@O?/V6-Y%WZ85SW.ZJF=^KNFP$K=$/+[L]QH;`JDY;Q#5NF`8H40 M)I@F6>4K\MS*3$A?K%H2$<7$52C#1#;\BZR&$YG$=4@O0]+:$U\#=UU=]?8F M*BE6SJ!)=&AR1`*XIXB1(LG*P#UFE:59L8\"\(K5F0YG);6R M&B>4-%3.65UITO`]+00\J["RE(U0FWVE-,/>K`Q+IF%8,I8T]EEM*?;4RU]8 M(J1%(Q2=Y-M@E@T%T8(V9"F<5R.):-;`?`!Q5JTZ*U*6O;J^5"B9WW=_/!W3 MP5N+7#1Y!K$7VF)1=)V6?8E9A1M*^229LO(MJ^0C,&%$8B68YI46LRJ7Y,M' MQJ^(J9AD0JL>4@W$:I8-QG[H)[36UJQ82]8@K2A9*(-VF3=]\FKM!']='H^6 MUU"E#D$R+17>\FR6D]CW"@73ED3HL-Q-*:OUNDLSZ]KZ%JW\X(0CM5?_;F0@FJ5+`QY MK`NBKQ[]:)H$SXMIY#7@&&:)%HC=!SH@JL[(SQDU,P13&CK=\`>HM7U$E#+BTRBPC/)U8 M=_;\8N2T>NOV]\@X3LWJ71GD>4R+P;)RZLN=SEZFJVZ^0E--N+ZU(IEG.1I? MDFNQZ#'3E\(BMV:I,(YP,*?H>%:),H=/WM!@4:\[QCG'Z')>*)B)9U4?41"% M#X06L[*8JUC+"SXN-;TTC_E@!YC6)YW7_4[8F`A(`FK%;``0'9\WHO4Q!UE" MQEGB;)PGSIYUG[6=H98.0=)EX6I6O"TM(M/>)B64#S"RT7;.S=VCG15ZIR\0G?9OO+`= MM_5'165EG9@9,P7-,:-#)LP9!587J\Y5#(=1$$1/"4L\FH[(ZD-&EKQZLP>NF\W#YYB;\O`=D$9E[9%#LX>^ M)^M(K^@YBU0'B:)33DF1HF[WF0V`"/PG>8S*[-._H?O[71)^-`X\]L6K"8/ ML%F+AM;5=0`R`%EU()N:V94K#2``&8"\ET9V>F!:`)!;`&3#M@#(`&35@=SM M@H4,,%8>QHYAJ@?CAKQ:PC.G;T"$2"=IYM62"R-2%XA2<^[R8##?[O3EVK<# MYMJ..5,S'<`<8$ZPGI/,K0.8:S_F9//``.;:CKFNS3N=1!8$ZOG+%,N7QI@KOV8 MTPVPYP!S0D_/';X7122A>N.L!L3EB.O8"JZK/$L_2.+^VCDV22,[(-/$TM@4 M*"N@:/V#AL[TX9(Y(+S-".]J?),([_7X^JT` MWX#O9F,Q`-^`[_;BNZ.WQ0+?Y*@[(`W4VJ)3#0?_;,S\=#4-`O1_V(V%\I-? M':[#]174KU.Q?ETS-Z(UHR\V;QH(#@A."P3'L+4>YWQ;(#D@.2V4G([6LV#) M`<$!P:DX?ULS>GPOR(#@@."T4'!,,-5`<$!P]KN&TI85!_)/E1J'C%=LX5(W M0`.@`=``:``T`!H`#;G(TSA/`!JRDJ=QG@`TE$H"5$O0D"`WTGZ7YE]9A7CDK@,H%(#,'YHJ!:B92^]CIYSR%<31Y@ MLQ8MS@E%`,8`8Q'9S23+L0PP!ACO=?W1`1@#C%6'<1=0#"A6'L4JELTZ!A3+ MXF0XSF`J29R`\GNR):L4SXD/C3,?,#AWY1A0@0,0)_0BJV1>%T!MP.$I<@8EB)7X4_P6K88@]DFT.$;L"D) MU1MG-2!N;B%UY7)T`>):CS@==!P@3FA<9@\`!X`3"#A84@%O$.RP,K8CNP8E MQ#\!U_N6QJ;`35&XTBK/D3C@&_#=[`%\!_`-^&XMOCD?]P.\`=Z-JF]('`;P M;B^\SP#=C:-;.2K)&H[3?.H8CW^M,'L0&Q::'8V"K4S@2Q`;&12VQ,7:SK M#\0&Q*8%8F.)S<`.4M,**LD::R>.D)!M2-D;FW"9%Z`!T`!H`#0`&@`-@(9< MY&F<)P`-6/U3XO;X`D^+4_CU-4G_X MG(W[;H11&J5N@+QH/,%AXJ9^%)(O28IB'+@I'I"_$\J&9X\XH=^B"7TB(3^E MZ!G3I[SH(20C&R`_0>YD$D??_3%Y,7A&/YB=\RXB8PQHHVZ"HB&ZQ9,4C^]Q MC"Q=0Z9N=,X7Q$-D/#%&3_0_833O"W_'L>AWCHIY2/?[_X?'E#1_6#?FXLMZF?6^O;/%\#2W'(S5ZG M3;U!/L&I[VU!\RVCY3<\F<;>R"7T_QI'#[$[;D"P5A2"V,ZO0_39)21`1K_? MUS*N_Y2@#Y$;#RCW/_I$:M,H)F!/J%+RDQ&5*]9.02$-'.HFF,+@,W2=`%NHS&1,JR7@IRN/AT$Z*+ MZ0.9"[(SJ=/8^VM&/NN8ZATW)&#W8C8HHLDZ^DRRLB&0<=V3<0X&F2JC@_:F M<4PG<#]]IGI]WA93?NOT0SEULTE!T!;(S"=N^%P@T0`979,,M)L/E+[>M[6^ M;\[LYGUSFUKR\QR+4PP@9E:I0W0'R8YED=D(7\8 MK9FIAOJ:;7>UCF'E@Q^141$`X7!IANL&3(=IV^==?3'TM1B_2-?VG,Z7XIQL MCZX?4),!$:L#Q\M38*`NCHBH>_K`<)I.\Q74Z74UL]_91X'GGW]^/4W.'EQW M\H;)["@*R$B23W],B<1_B5+\T4^\($I(EW=$&7T(R#/O__PGA'[^R]E9\8V? M4/:.AJY#+YA2SS[Z&L6,.Q=I&OOW4V8=T8E]B4*/`#*.R&)$'KNFP:]$3YV= M92UO'M"\Z5G+Q8;OHN5F\U81_8T,_1L>OCOQ**SUOJ6?$)+[V6^_ZKIY@@;8 M(T9-D+P[.;-.WG<,P[0LHF.VD6>?T2A.NTX9VCD=LZ<#[5[@CD#*V$4[L]OM M=U2B77'!1__XS'3>/T52]%^W*=F+4,L@:YDN5U%(OB87W_WD7]GXV`"RP>W@ M@%I2?W%S>?WBX:\NLWT$,\,JP8P+SYN.IVS3>4/6LIC^.<8CLBLEBSP9133& MY9BDFU9?*3X-!CY]@:S]7UU_<$;6\DMW0K<[,LK,8K1TL-?A;*BE6&/V#:=G MJ,2;NQB[Q+YY;D:'E1&;?(3EM=B9Y1B];D\E-GS#J4NV*@/TR8W)GN4AD5$R M\D'F8RS%#$E5I5#U%7/M/N.2KQI7$[*L&0O.>GHCFTKM71( M9'Z56M=K,K_,#MU%*\2G9I?X,JS99XGOVX[158D-3>X5RVBM=N\5O^$!QF/V MU(9')%U*\F&O;[2D#=;M*+6RJ,2A]4V5-+_48HN$,E1NVU*+#/4L2ZEE7Z"( M[""=[>A&SU2)=BK!^Q`%U%4+TLU:LNSXIWY+UC8I./H/:6"'23:C)1: MV^LZ8+>LOE+KBSPF6*D]XT'QC?VNHY13C(A+&I*V1OZD(=5V'=*KI90==\\3 MS%A0'%0INBM$[]BG5Z\B=!F%K#)%=N.VD7.3=92GP[N+E@97;O%0[F["S7"8 MC*(8HZMI.&C(/[*&`_FPV*A:!O[+JRMY"'U)"`WTY:?$6TA?293WQF5S;^6M MW(7&1LV6C8MG>\V69A?+C11O\V+9,,F/T3YI4JMLM%-:K%4:L5V][I9$D`AM=YHD:;ZGD!!W=V16N+6B\Y1)1F(Z]RV&Q M&.^4%@3P0Y81[2.^?SFJP@/T[WOQW##ZJU?<5IJM:GZYD]G#\_3V:P9I:$;:30?[_MU M2;TJYC=;I``34UTR3V&8%;58D_J0#>/_.4\S?-P@.,LO21Y)'`G6;9$N@;'OD>7ZP1%64JK.2GI;8I9%KK" MHZ2)A`4NN$^DGP2=GGR[O4A.7B$\'&;YP6A#\Z'U9TDGBZDF#4O7G(Z.Z(LH MFJ9)ZH;,WF(I,.D'ECC.3[+>SQ%YS)VE6LR3B\VG1(8^2[F'GOP@H&G(IC%Y M?!A-XW2$_I@2.SZX=*4L[979Y3/ M<@TO%(2G-9/3C$MN&$;3T&-0).+GIVCD#I#[0"GC#J());R+;BGI,]N`K&X) MZ8"A]Y+\[&<&RR4U)ZGY0NF5)VJC"4M=1ND'/Z$VYF">#)$R+/O\(6/LS/(X M1Q^88IC!?SFEJKE(VSG3&+-DAL%SL0\_7&KR)Q2ZC&II(=]K8;09(7R::97F MU,LR)8[=WW$&EGM,L3G/#WJ.KH=L4GF2QR)\8KPR#M*E'Z\9#55U=#@T@2S1 M#\3ZQQO']Q1-@T&6Y)$FER2#^\$YM^?CD0!>4BU*!.L+01<,A?>PB22+/S]`_.\7_>QQ-)VRC>HY.,U+T3%-_>W$Y_V*\ M?:6AIY'OC>9JD>S.<#:L_"FC^Y9HUH!@AT@7U=S^?--85'?WT\0/<4(H0\?O MAV3JZ7068$``B5GN4T*T1]\C!,V?9@(W))9B2$8?(")X.$U6D@\339LL8+(2#P=(8EY?F)=FCY*DRK@]5QO5A_;A6 M!J'.6K+>OGLI2@MXD7U,X#*=F%(D/$S)M]P:(,J;3,,?X'`PR\ZL=PL)4`GV MJ+HE?Z'O%B&EH8G[S%8?0LR/!%Z9S/<7AN@2`)G9Q*A=?)R./DO$W3QII=*C M&8")F3Z37&8(4!S[F4IB";_=>:+T">'E,]%Q9.6[?Z9V!%-T5(L2SB[2;[N( MZ*,'PC*R!YA$"4WP34RS?%4/:$)>PB>RU`VRI-UD]1W$[E.(IA-JB(4!R[4\ M(7L(]QG1W<3,Q)B9:,75N'/>ZW9^1+#*4;_/26]L.V*:;Q: MUH%$Z:V,(;@R<+A/P M?#Z8@'Y,XTEK2DZ[:?<^]P;>Y5O73C^)D._&),5L3T`#=KLNI, MF'`2WL>7*264)7"I MDT51L*[EE-$P5FY_*\N;W\@6GCTT/\'Z%*;T6*%Q/N4CRY]CX_)Q\N&9.0[\ MH>\Q]\S-,!LQX^3:EY[+W5UR5FY6*LO3K2?+HM3;0:?,MM5OB7R5#&1I4OM5 M#VKI=MO!G*8%Y?#P7+NGF^W@A2Q&0GT!CI9N`6MJW_?5PAJSVY+E14;S+9,@ MX>9;M]^2[9*4/&W&).\[+5G=Y#$#:PPG=RS':@E_*@:+-NJLV#=PM`U\:MIB M/_S"E^VL!(HJRPOY9*;^RV'`)[%[K&/FDT0V0GVNHHYAV.+.X6*7OGO&,HR< MW?H/(3-)PQ3]&D;W-"AF9E=/IF36I[_@1QP@Z]6"U-\PC2BC;/G@)OX6'F0= M_4(,6S]@)O"5Z\>_N<&T4!5T`^SG3WYXGG_\+Q_'-'#GF0V)D7K^MVRT[`]6 M-IQB$Y]9BBX6&G05LV-@[WGY_<(3R7Q^E86JS(25X0.#]]'QX7^F$8W4^!JS MR#"?:*8L0OBS&_^."1]H8,/U@`R/L"J@`5!XP1Q#'>882C*'+U$[JT3E29&5 M3"AUJ0[V"[K9I#Y,=1!JBD6HXSBU,60C9??D%!]T2\Z0&@5$,-*5AVE=:Z`< M]B`L=26(RA6SE@!1WL-^ED.MJFDFRVES'*HJ1-L<-0J&&ON6@Z5%,66.;FEW M[&D-T><1>R'C&5KXC@IT?OGFXF^+%RB'USVQGDN%)W=Y&1GE%E^OP\6[,](O M_KCX$SO9S)Q?=&:%B^NS^.XJIARRY&=)+^!?A(/-L+=J895-G`[[P/.KH MRF!:LOZ&;J\3ID7[97FSF\C;6"2``=QI:1I]T^S60\W/TW1*%,Z*MU8TC5=< MM8>"/)M4P;_+GR>6U;5DP'>I2@#B.?*B`(``C=,G<^C+P!,!U!>@ZIGO MOM3\>_2(XY!1,[H/_`K4/=S&EJZ]`U:[*L=HF&]*N\ MU,)CZOW5^TZ*F%O5!84[,?N&8PM;,D3L)VI>Q!O93W1TLR:`KS>-%%\?FC"L MC)4DL@U)R99%O_%EH3&/7Z=3$V_6ZR#%I:4!#=;K=NVU)QH-*+`)C8ZER92^ M+7+-%1[)\FSRWM?G@UB,8?'G^0ADU7TU.6.X\JPN%\!.V0-.OEC"JG-+L%%= MA6?<>6`;/;.FY:K-6E`569",!VK)0DT\*'6TV"HM)=W*4J-6$Q-1M)-5ZD0/ M&79-;DO^,74[EP]UXN?,U00*M5.=;_3MSE5$G>`LNU.3`#04.\=3%PEFA>GP MUD6'DY#G_&L[0JIO_D*O)=3GBVMT,5(MF-LR:HK2XW_[E.>ZTSH3H-9[8CPI M+]CD[:TFBY-`S8J\25-?D+-\)H]J][PZALCM%U(56EB M=1@6I6)>IC//FO@[>3;Y)2)H7Z64M-WN.TYT42RY"S:SMKHU7X4].H0DW'6*N>UXURG5*XC&A1[\U'_7S# MEFCOK0T6Z.[R%=#9[V9.L^&QZSG4ONCR'39..5;Q#=]8RPH)X_QZAKY:((,7 M\NN/\A."]R8B_;IZ?S4[/"^N5(]MDF*=:((K3K>[?OVNRI5F[Q\)X8\$L>`[ M(LW*L4HR:ZLEE[&[NXXF12SA!\3,UK2ZR\FI.YLP ML/8+A!2BA!H(2S'MU93K36"\3IZH?Y7"M(U:Y*2Z%$BSVY./)YU=YPDB=)<@ MB1"P%AB][HY+=8=C?/V&3A&,-["M(QPQ:S%X)/3]'='U^'(\DC`D>$_&J1T6 MK.N[SNAJ-\#J#[/?<]U1*=1>52ZH=OE'A#QPTGT22(ET^JT6J>*Z*@GU!P`O MY=.0[;J6M\2%VY$;$_K$>#*-O9&;$`*>$LHF[.=7+\F56;1LTY&]>N&1L5.Z M5PI*,8ICUFGP;=]QS.*@-W8D9.A;PI-6A]ZW^[8T(]\:L;0ZM^UNQ["JC3U_!B7T(6TVZ*7Q,\6/+K:HNA?= M;%!TMZF;LEA"UN3-D+U1<#ED2\PZ5;0ZUU[7[)BFL76NPN?(S*D:Y^A8NMV1 M:XZ=FN?8UVED8[_B'&^S.;((50WEF,Y6>?09IZ-H<'8Q&/C4LT/LJZ^N/S@C MA+AT)WY*OIN'Q)5],F-0[*Z;[-PN%,K'TP^%GG(M/QPDS1:ZJ+L>4)W]4"! M%YTV58ALDF+K2R_*@RTQ-%NQBA2G6YT>G%T(@-Q+FXNKU_4;OU*EE:R MDVV05F3_.1U/`_+(@$79T#_'>(3#Q'_$UP1O8RP/#3F09V>N=18-K_QR5@T4 M>RQG`NG$3\U46\*D5#,/.'8?,)K06_EH@N/,P8:BX9(' MN."`&Q#)<.-D\>QVGW#>]ZPC.H2O.&:^L&IN>:LX9?/DO6.<&YO^?V)L>X@C/?\[[1BYKL.@E9G M;MOGW4W:3=C,;Z?W"4LID:)/CZ57VDIH,`S=SFA"/_UKT2/KD!Z$LT5BY?=U MB\,J!3O=\\XA^F+MTEKM`(:]4OLYVLOD5'W;>9&?:G48_.=UZ+G2FIRGCF$W M/Z]#SP1?\JOG]#NKUV8VSNO7A$GMIR0E3:3X17(-\O>;X?RO._7M^[\%Z=N! M_XB2]#G`[TZ&Y/FSH3OV@^.+&+$J=CICL M%)!/]UC^F/)K0+8+6>!`$@7^@&XFT-`/W=#SB6F>Y,!CV:/(0\,H'A,S&CWY MZ0C]>GY[COY^0_/E7F9'1$I[$8)[)'&KN_8X3G\'##`2)`G8XG6,R!#._^:.)V__ M:CCZV\6G"X]%T9'A3X.4@G@:#-#`)^.*L^PRQ'Q/"O,XWX/7^>>%U"V+SESB M?G-C?Y;Z*=L'HT]A2BA.=U.+.9-O;ARS>5TPHFEY]BXZ[T+U:HV@)MW8Z$;- ME+^0/Y\]7AQ!WG_6?=;Y13@H=$TS]*Q??M:V3M[X\,P4&F^1T)U[+%5337['['`:;M+VJ-,(V(FFURY=IG][L_GHX1 M_CZ):&HYNLX$44)7#>8*H]]_N_[TPE19/X[9U+(V:?*N3[-FL\&L5V#;:-"A M4:X4M[MIL*-O26:\\ZB1S+C?I@GO/#CJT-"Z6B=,4T)ZVV(^_Q?[#Z-TOF?\ M,J6B2/8![.F;:4H,GY#&4F<-[1_PG!V*6;WEJY25>ATC5JF5KC9-(H"-C2?;+S]F/TT(9OW M17C'PWWP9O'\?V6/7\^?_LH>WCFS]U][GW]^7:HM@:-\`:WOB?\F](-W)VD\ MQ2?HM="QS"68V:SOO]J5*7;QZ/H!V\U<13&Z=BM?"\GX6W=!> M\DZVW!TN>Z,M&^&G<%"XE+CSMF]GILX/'WT;"&[S)GBW+RFU.=-45;)LO9S< MN,2_N(.\Z]QD5I0"Z)SY<(^/SHTHU4JTWD.I]@Q34G)S5A0[5_>>K1\=979Z M-ZF'US`ZDA)&N";DNN+42^+"AN.66/T:^A*EZ!FGZ&L>CU-GEK_E;0;MD'3W M?SB==U93HC/N&2L"<5%R5#//[I3C>TI=2UC7;5AC[ET,0PZV-5$4PW#Z?7D%3C![!)";U861E=Q;+ZG* M85`T("/]GM61EV>"N2."V@Y/:N^;7UL9NZT!"7$,T]J#9[-,461?3*PJ\G__ MT65%:MF=4-=+UQV8TAZR]WZEKWVXG0:TLBL6T'HQT:(Z\OU'.I;AJ: M3*E4>FI,9>=9/.$+@]=^D\EL]J4;LBB[(HM.J<_DE8:^86\I)!)=#&@L/=,& MM%#RQRB$`UQJQ^[P33<'NB)3Y]G]!X]41#'S!I`J,[]WN1 M5)NN[=(1K0YG,9JK*,['"-;"F1U6+=#&M; MWLZ*YWZ'CD5):E4K+:]WCII[21>/?7C^ MXJ;T0AU+U$*Z*N6I/.LMJ%-F&$W/VJYGUDZGJ]:TV;G$X=.V;%[3+MQ1WG?N MA2::)T!A,!)1033ZI:2":,VWC@C%F)?K2E6N[EATYQV9$/H01-[O&T[+DK(5 MJUA[M#G6FOJ)A]8G&2K2FQZVS.D=+^CM+^CMS>GMIN@63U*&"&3I&J*4H&CU M9C\9&A4LEL+BQ8,V2Z]#VQ_D"8.&41!$3W[X\&:/W#=9RE0/!\'$'="C17HP MQ;XG$]?+O]=#QR=_D([HJ_J/"S:E\?S3`#TR*K\[N8_2-!K/^WW$<4JVC$'. MA.S/;]%LR&?9]S?(G'Q_B^Y=[_>'F%A5@S,O"J+X#?JKYV$\'(J#1B&1T6JJ MH70@>+K+0UGJGCQ/F$SZ=TZJ#N4^B@?V`59 M.L9@L,P9#]/,#UG'+T5O.X_"Z"EV)^].LG\K$VHMSUZ@YA`N`HC$@ZBHJYE6 M!@P!A@Y51$J#Z'5A'1>PH@_9_XYF15^:;AE!,L4($C\V5!`D&K`FJ>B4Y1O` M1CQLKEP_SG(!`W@`/*!S`#:@SV:]9&8S9K;UD'N_\XARK;BD0L5Y(X+-J'/2HL%LOL_=ATQ-3R?L'HKMTP]//=PBR-Y)!F:N1_%)M'K)4@ M4HUBN=/5])*&%09:)S=9BS_4NUVK-/N8.E?FT^\W,7U;U_1^5P;?6B-H!;D! MN=E/;@RM9^H@-R`W(#=5IF^`R(#(@,B`R(#(@,B`R(#(@,B`R-0I,@VZ'64. M4XA2-T#IBV"%IIV0O,X&:M<]4@RTE)K@AD*E_(4B8SH50`Y`O'VN/8"X+"13 M#N(*&'N`;EE(!N@&=`.Z`=V-LPK0#>A6!=TUN:'D"73C>=6K$?^T)`[[P]S` M6\91>R!H(^1IG"<`#5G)TSA/`!JRDJ=QG@`T9"5/XSP!:,A*GL9Y`M`00QXQ MFS.)PP$N'ET_8+FS:06\Q"4?>"4P:,3M(8GWY3#?BCQ"Q8D\C?,$H"$K>1KG M"4!#5O(TSA.`AJSD:9PG``U9R=,X3P`:8LC3NH.W:ADF+H,HP8,S'`XX9)EH MW#.AK(.D]G-RQ])TI\?UL%P2PC?.;0!=#KJNKEEV'T`'H!,(.M/0^HX)H`/0 M"02=Y6B6:0'H`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`.B`]&!Z$*(;NBU4[T^.XD]_83I-H(2(%BYS^PQ$R?K M^.]L=;\84PN!-$G,D)OAD"RD=,$GRSK7'8",@0N,65MOU&]8%07MX6O,0+FO M`ED[I!([5/ENJP//@&?`,^!9G>O\SLPB0B/>*E@"MTL[]:OY3OTRWZD+]09* MFR,7=L@R6K#JV:G`?@X;&(#!L<+@"]FRYKO8:`@XD``'0'0@.A!=#J(+,'HY M;?*:W8/+NEF3=*D##`C$@+R.>H"!2%60A65\C7%"?]V1=@:0(`0)0'0@.A!= M#J*#P[==KIYOV(L>0M*37$L=8*"IPRJ`P;'"(-O[($`#H(%T/#^S!@@<*P0N MW62$+J,@(`HA!B!(`03YB0XQH]PWDLJ&167N-:Z*Y-AC[(X&2^T-J@-@`;`` M6.T#UO7B#C(`"@!5B_,6^X^<7;>`IB-!TR+JLR5X$GU6)9)QC$B9]Y[F>'BS MG64->T%D]H=MDH93Y@Z/IHD;#I)7ZOF^1`EXDN+Q/8Z1I6N(9MH1 MB'I.*UB;,W5)EH;+L"VIQ%CJ(!>`<0D8&YTF9G<&*`84*X]BT,:`XQ88%:>] MOKPPKGVV._9!(!L@&V"H`(C;!.*.K1Z*E79\KO?]?,3>S/5C,-?/#JXTXO"4 MP>TG0-ZXL9ZUV.OSK0@E"=4;9[64B-NT%>4+.;GL%`!>H1\B]__@Q%/=B=?3^99?`U_T ML<$80C\`Q8!BT,:`8QEPW$SHA]/A6TA<+EY"[`<(!U@J`.(C`K&2,:K'GJ%1 M!@^<:+_GEG'(Z*`$:`@\O09L`#8`&X`-6%(`&@`-@`9`H[F3\F-V/30(T;+C MD'$[#]`0>-0%V`!L`#;JR9M6N=B[I&G1_EZLB8R^1"E2O%9<4PFZ.1FL>^0` M%#D22`#0@1!I\NGO5C(T>0M*37,8-8*"I M4VF`P;'"(-OR(D`#H(%T/`].`0@<*P0NW62$+J,@(`HA!B#`T0TMA;JRD;I5GP_7+5><<>]WLT@&IOH"\`"X`%P&H?L*[#)(VGS`L`@`)`'0ZH MKP$>/'!V,@.8C@1,BT#TEN!)Z1(].QA7J-KSY$Z2-]M9UK#C3F;/W29I.&6. M^VB:N.$@V9&6O:VNF"I>%VY,V5*?JB,0]3)&6]1)<]9BPXG&>1>$E4J*(69( M=11#(6U`,:`8E#'`6`(8-U/Q6V88US[;8R_X#;(!=@J`&$`L-XB5]GJN=_Q\ MQ-[,[V-`77)NPY"@%IQC[6"MC)Y60!S?C2A?R,FEX0%PK0</U2< MW>SSSZ\?[H,WG]TDQ?$7G*9^^'`1QV[XD.4NNXIB=MWLCC9_1R;Q(8B\W]__ M^4\(_?R7L[-OV`O<)/&'9,[TUGR"HFE*:[*YGC<=3VG&HP&*TA&.D1>-)S$> MX3#Q'S'R0_(=HW^P=A%M&+&6_WEVEC5.1_6B]9MI>C.\6#1]0UN^+#9\S=I= M'BWI.J3T_X:'[TX\>HM(-W0CC=BGOJ6?O%^'IFKW]@K8$^8GNQMATDX01$^$ M:8@!`/D#PC5",-*<&P0H/I`_IR<7-Y?7)Z_(]S3*?QQ&,7.+/4B=>6CYHMV+BXR\R;8B3H6>,Q)Z.`AF5U;?G>@G M['LR<;W\>SUCR\5?UW]<(&;)@SN_3=FMK&UDO7`LX++Q2T4K;K66ENS#(?:H MI/]"Y?2:".:.;!0MF?ZT,FU;9=<.2&SF MM%;`AF^,=>MA([9[3@&4ZD;QMNUX"$*#.9]Q`HA5![%E]XX(QE9/CLOLBYG1 MA*L/KA^^/@VB)'F%V-[8#Q]QDM;O$I26"M\P^>-_R,:7D@)%(4K<`--#R8NK M6]*&-XUWU8P0LF;+&-(A2[7-VC63S7<+)@G1&^XXOWC8M`:(O=BUF MQ@)W4#3!L4LCCA#^/L%A@I/7X6R%;'1I;(XN+Y;&012R<[,FEL<].+Z,:6$(N9%8U$GDMCS'!0EYVMSAB[%V6I[[M*!U+1?:GB[Z54M\";? M?CV+]$/W>!C%\TLSJ?M]5\7C5A-%2M-!BJT+[+$J*$&^A194W63)C!J`=Q7+ MV%0-X`I;QO+MOZ_GM@*:Q-&CG^RL.=YJ\#+-L.MMZ8 MJ(K3EV`_=NHX0E6U?6Q.#)!%D,62\S<-L6;3X;+(;U]@2^T&H(!6'Y#.0?*:T]A1K'4`B*)!%D,4-%>,TVQ'K M/X!44&U+!06Q^)!_!P+<`1I2D0=2,T$PJ[!@5GFD">*<`1H0CKPK:6B;9KG? MXK$S6N=UZI+]:F$^^/U1L9O;YY]>-YT/`W< M%`]8L/AE-)[$>(3#Q'_$F4OUCG9[1R;](8B\W]__^4\(_?R7L[/;E'PCE$\P MS;LRIH'E60CU+,@L1NCB'"3?4H(T:$:P\C0M,0 MT;@N&J0^(62.!F??R-?89]GGLJ[^\9EE/?GGV<63&P_09W=`CVS1Q?1AFJ3( MU`T+N6$Q/0J]9+YXZRP;.24%:^\#'?EE8>"?LG%_RX?]B8SZ_\A0;\B8Z;_) M%1GQ73;@.QS^E@WW*QLMH4!(#2C@V[H1AJQ3WU+_Q<;\T="YHOO M?I)]HQ.X#K/AT]%?A(/YV.G0LX%GS]X]3[(W%U1AD\B>.4'3T,_Z_E77G1,T MP)X_=H/DW-'WR/_CMP8(]89*O:& MOD0LA(_\S*:6H*]Q].\LS>#2V8=K^%M=XFWM]X(#Z8!OAF6&L!%0.2(?;H9 MSFD^R,A).TX^/,\FF5R'5WY"=!\="V,_H\'LK^MX;Q9Y?V:=O#=T6]?UC/M\ MR",0`12'Z>C((9`1H0H&NDY[('!+J!4>NQ;(B%!)#=@MPD#CO-Y!;+MKMH?8 M5WY,?CAN>6,T.$)QNR)[`*ZI6MY^K3$4KH!HT8V0:MLU%@<]:Q8[C>QT,K&_CT66H['1V+YWX!+0S;V M5W=IM('[M_@1AUSYS'HX<)WM=CEJ6C9`@<1N8*4MQ0.IEUJCR]%_(!H!#6A; MZ1!06=V:)L<#!-$(:,+>D@X"U0VN5F&@"=^&=!C8P[EA=UJ!`?][(^N`_UTJ M]E==!:P.1^-:'ZYF%]=[_-=^P5ROQ'; M3R[N5[?\+(/G_D\@]QOF\LZ3(Z<%Z^L=9Y?6W<$.+8MC,,R=(`OVKAE/1@GB M2VW!\@R#%MN@ M[T-):SI"@=1N1-C*<$%R<3-LGK:U8!`T863)AH$]DJGP MO&L@&@*-6%NR8:"ZO=7KM0D##6RSI8-`Y8VVP)7@MZ6D:&@8Q7E>-<;/:(@L MG?[1FY6!3'9D92NR=BF1UU44?ULT?#.T]*]9JS?#K5G#=II6[[]:_Y>1JI;^ M^%&&8\(Y7I06F6.N!7P4C?U&Z5HA/R/+RCBD%\&?,4W-^(A+9F*LG%.1IA2D M=ZJIHDN6YEL++7?F0>Q6R8.X>;`\4WY7298R>V$= MS=`IT<:C:3B(\2`=):_*`74QE/*S8VORR^E=A_\U[UT,?JV,+YSF()A=S3.E M!,'U-E&]WZ/4Q:)AD$A^@1;7E#L<]/-:<7BD1UB/47-A#,\ M16JCP'!XJ889>82QOY%3;+G8OT\>)YZWW82ROX$#;,FX7_GXNC6RWT00DUS, MKQ["9/&\[2:2^0US>5=6ZI[%,RB?/YTOIW%,'9=-;,QG?:\UMNTY&VSYA:W; MX[0K+U!(*!":X7A^XF,;IF7LVO0:?4Z"UQ3-16]PMO/"GDN?(_\FI\]IK6L* M"J(W.UNA0(S(@EC*O>$AHQ0(A2]3=E8>#=%CE.*$'@*BA/9R=DE+\*(/:SF7 MO74S_(V^0PB1X6>GL9FZ*1Z3$;"F9V=LC$IDI&,R1OKSAW5$ZKTXSC9F!%H[ MDM*SNQ`]NXN2LZLV.3^DAY8T7FL2N,N'[7D3U_DC7^D3U2S&_HOQF^1/?H@RJ=30_V):>H[JK4<%X\,ALA&V`VO,+HV.#NR-AF0\L&=AUFP\H'-1L3^R,=$1M0-6/" M*O+$/'GO=,_MSBP23H;9``AJ!\%+P7P!@LZY80((6@>"E4"RG9K`LF4$P26Q MB6GT#(5`F$2!/W"S^*'9NDD8.D17?NB&GN\&]*%!%I[TX1E](LL+X?[2B_^X MHX=M'XAM]OO2\CWOI_CTHI>;X;R/>1?YLZ([]X/D-^NG.'Q/+XPM^0M^BL1O^I"'VBX820KOA6\2>3HA% M^089^B1]>_*WA_3MNA8+SZ!J77A1$,5OT%]9>([^%M'9G+F!_Q"^00$>SOJ\ M&V'2+K%UGVBH6.K>!S3`T@NF`](XX3\*<8K\\<3UF*P&-'>U3XB*"(OHG[TY M?[TBFY(%?XFI,ISSUYOSEX:C8=<;(6)DXX?B(]FL/!P$$WI#6"H_#=2?]DUYSO MHWB`X[/LZWP`R)Q\1PSPJ=]SJT7_:83]W!Y,>SV:\S MXB4XY0S@EEFJ3>Q&P,D%#`6&`D.!H:V>Z-$PM*2W1]:)BO$VB9U]5G&F\9^ MZF-P>:F\_RI(AV'T-%LW!+*3IS9OG)QG0,AZ"-G5>GH7B%D3,77.^XV:22F; M>Z.H+TU'ZQO;D`G.C9=FPX1&G\1X0+[D?V")>-V0NRD!#@]QID1'T^UM%K5\ M^Q:)R"\Q,;>N-,1D#/'[U6T'MKN#;0NEY:6YQ/DH#8!472,E)+[`S?G`"]A0XFZF9ELV ML*%I-EA.ZY@@L1MHT]K0-37':9E[B#W-.7/<+[Y[[P?L+BU+`X)9C1KP'=5_ M;BU_UF&8$$Q([H@%X7G#%=HLW\Z3(E`WR$!#892B9YRBR33V1K06&6RAVW&F MN"D9CF8JLCM6E\9J'>>J1U]#$<>"NA0V=\^(12\$BQTI;$/;$3YM]'I:MPMW)&HBI[7MW!`H6068';4" M^R4F98_SUN-XKD@8O;ZFV]L.%<#=D<<&#/!]"FZ-=FQ8#-W1NAW8_QUEY#D0 M$@@I%R$E=CSLUI3@8Z!Y%P88CUG>A3`*/3*8.`H"/WQ`/BT[AQ.X(]&6S0=D M#:@O=9.N1A2X`L0T-,.""BLU$7.K2UT^2DKL7W`T'6X>E/(NB`B&:XE_H8[[ M3XW;U1VGHYD]-3P0K2"X&CM"(#60^IA)+;$G9+?&!D](;LT$$.K?Z+W*Q@W_ M)N]5\KW[W0Y&"+A7"6R0XEXEL$&">Y7BF2"Q4ZB.>Y6O4Y:9Z#\NR-P:BY##>8_Z1AUI MC>`H?'?2/ZEM,^3TSBU3\HO`'J;GF]E`/F(/C^]QC"Q#0Z9N'%M8F5#!:-<\ M&W&Q'`#UK[$?Q2B-@,?U\YCC36(@*!"T15KH9CA,1E$,"=HYQ-H)O_ZO6#8% MN9-0'B!4E[1P,YF`F_I1J+)7H`6LN+H2&38)''AIYPJK0`JN!W5Q*9Y;#$Z^Y?'3I`?DF[RQ-=@L"N\`RL6 M1]-US;8Y5[2L-QQ#9G*J<1]-`4)VM9X.&=;KNKIG:&9?+1F7S<=15)F=OM;9 M6BL5/!PO+8<)C2N)\8!\R?]`.AU/W!"R3[=F+V/MD@SY=BX24U.M+2`0$@@I M%R$E=DKL5)3@?'AA0DR$!>.!^T%8WC[#T"Q%TD`I0$Y;LWE7K#@>8I[V-*/' M^R#I>,BIEFM,8O^#H7]A_9%D/AG$T1O=Q]#LQ'L#3T(Z=B&EK M%F\',>SK@)!5$_Z:G-WLQT/*CJ&I5C-,8H=#U]'T;LGD0N!P2)$[>/23*'Y& M0TS&$,^-"7`\M&,W8IN:P;O\PO'L[4X=V";714H32%D;*4W%B"FQU\$VM%YW MF\($IT/Z]H:5U78%7`MNB:=![GP%947#TBS>X55'D1^B5=X*(#60NEJ!=#7< MF7+G-RFOLCM0][M4+0L1UDQ+_!ZU)(EOW-+?<&&JV^EKEL[9(5O3?JK5C+`U MVU3C:D2KV6"9G`.=@0DE"HCHIF;QKE%X\Q62W^7V"PV2V]8Q8]$*A=C7L0ML12FWH? M<(X;/2)*JE%W6`%*6C2OK!H!!`J$!QAV5^MLS8H'#H\\/F"`[U-P;+1CTV(8 MIF8X:F6*DYBC@*D="S-L=3R?$GL87!ZFF7! M!80R#@81$7$M<3'4<1&J<=.Z8W:U[M83/'EV*JT@N!J;0B`UD/J822VQ,V2W MQ@9G2&[-!!#OW^CURL8M_R:O5_*]`MX.1@BX7@ELD.!Z)3!!DNN5XADAL5^H MCNN5KU.6J7(QA?SC?8Q>SQ\J_,Z>1QX.@HD[&/CAP[L3_81]3R:NEW^OAPYS M'N@_+LC<&IN0PZ&/^F8=:8W@*'QWTC^I;3OD],XM4_+[P!ZFAYQO9Y?#)BD> MW^,86;J&3-TX-M^O4,EHUSP;\;(<@/6OL1_%*(V`Q_7SF..-8B`H$+1%6NAF M.$Q&40P9VSE$W`E/`Z!85@6Y$U(>(%27M(HSF8";^E&HLEN@!:RXNA(9/`D< M>&GG"BM("IS8SHDK,L*VL:`))^4!++A(T#<\B>)T:YH;!3T;%6FRWW5\R+&K MPFX$G%S`4&`H,!08VNJ)'@U#90LIK#A1""I,WUZZR8C%$7KT`PTF?'0#\AC< MJVS)M:M-X5&=GF89D-*)'"ROH\:K= M2%G4U4Z0'Y)N\D398*TKO/TJYO'3+?&E0+D5./JF@*$[&D]B[.- M?#S$M$VMLS5L53YJRN;@**K,CJTY;2N8Q-URF-#XDQ@/R)?\#Z33\<0-(5UU M:_8R5E_KF)R-B>/9&:JU!01"`B'E(J3$3HF=BA*<#R],B(FPH#UP/XA+QJIK M3I=STL0CVNAI3D^M?9[$Q#SM:GVS_PK(J83M<#S^!T/O:G8S&2@5\C]\PQ[V M'UEZA&$ MC\.AV]=ZO4;R/"KI<$#NX-%/HO@9#3$90SPW)L#QT([="+$?3-[)`H]G;V=P M#K<\'DJ>&N!PJ(N4/5,M6DKL2^&1T3)OJ8K)N$RAP?H'.6?Y/7*_E>`6\'(P1Z4[FZ]3E@)S09?\XWV, M7L\?*C8S^_SSZX?[X,UE1"VB!`\N:2TP8M>Z*1[G64MEQISUNS6<2)ZYD6^?,/#=R>>J1L=W="- M-&*?^I9^\GX=S*K=4"V@HS$+[VZ$2;M!$#W1PSV&%>2'7C`=D,93\L<0I\@? M3UPO1??/Q`@.R=\)(5$4LC][,PBA%VO1'RR!\?:*)6 M\C><,7;I[5.?-AY-$V)G)Z_>K"*T!(BSB7@X"";N8$"F]NY$/V'?$S*5_'L] MA)YK)_W'!1_WV"Q9YKDADW;C=1AJGCM2:?'J\R2M$1B%[T[Z)[6Y"9S.N6E+ M?E'>P_3P/U<<,<;H,VE@E!#M/*"Z&T^(T-_C&%FZAJBFY.98V"PK+3D0V"DK M[9HG,;'-ONB)'H#^K[%/%K,TJH?'^@;!;QV/.QT1X6?'1%`3""J>H+)HH9OA M,!E%<2T%#HZ(QV89TX%/QHR2-GX-$EO*QA9STKAI99?2KEUX`_PHY"M8JFQW M:H3")@-`3BA<7=42Y0P(*+'`2HF`KS67+P8DJ(J$*S)"@$#MEH%PA^)T:T*P%OJU]HN7B?$C#J?UY"(!-UCSL6+K3YJ+9\Z.UNG44E2EY%ZT MCEL;I3Q24I+[U*BGR(=(8@MWKM1&['K*D@&M2]"ZEOA?@90NY4Z2DM)48V^] M&2;$V:6",9.G6^-KS!SC#D"X;["D\#BZ9NFUE"TKN>,3XXL5[X`K>^&WEGMC MA=?M@+=YI4T%E=_CE?FN%;^9F@F,WS1*YT*!,\,ZT MPSMC.9K9X6RN'(_SY=2R8+]?%RU-\)W4ATO52"FMYZU^P"%27#>=7@O)+>L^G0"<]WD:D+M( M[G[[J"VM9X1J[XZ^%=_@&WD[NVU\CX=1C/-+JZG['6)8VN(E,6W-J"='*WA) MZ&Y4-U3;C\J[M3=L\),):6D..$I*60[$5D"3.'KTD]KN#H%O1'[? M2%\S[6VI#M3'86M] MHY:,D.#Z`-<'N#ZD)2:X/NK4F7:'7ZG`5K@^J*401$F"W#2-_?MIEGDSC;C6 M#02_B`I^D=,.Q(NTRB2!_;I0HP7(+=*L`0])47,;6V//P$-2\)"\L'S^?O'Y M\@;\)G77X)#6M;+SGCWUO3BUU+/EOBNKQ!%IW3,MR3%1C1FR>B2`&<",1IDA MK7_I\(7CD$(_*M9(,?OGNE2EN'@=)5GGAGR%,RO-T^-1)*5[WE4IF729(BG; M+FT?6'UUL["T9/^P4UC:-4]:`$^A\@1U%DDY&A8;YX:0(BE`4"`H5X+*HH7J M+))R-#PF"TUS15+*&OD<15;X8<#&E5U*N[;V(BGJ;W=J/!;:I%[EA$)-15(` M`:HBH.XB*8`$59%06Y$4@$`)2TQ*"(@HDB*G7ZOY*BG'M#N1:9Z53G0,0].[ MM20%+LGN.B*TQ6_XZZ+W:;>6L#&@M:BC8Z!TJ7(T>CVYX811NZ1#24IJ&X:N M];96MA+C[U+!GJFS4`KL`IIT#Y:4'L?1^KU:ZDE(Y(UM8M]=DM[UU.X`6I>Z M_V<"K87AVFD;L)OPW)15VEW-[&X#-SAH^)1*`1=-X^:^;=-$YDIMGB3>JIZ: MX&"I,4LST+(N6MHU9<\'#PE1F9;6Z?%+`=HF_T>Q6$IM)5+`$:*`(^2TJ]D. M;P4..\;BUMKTH!/A'>)%/". M-&[J6X[F6+542(%=*-7B!F\=?D3$M.HIT`:T9.9%MU]/NCAPD!"M:6F=?A<< M)(T420'OB`+>$#^ M:-R0-W>==,JW+9)ZEPGN#W!_R$A+<'_4&Y.N=3J-A),JY/[8DC"<9ZD4\(XH MX!TY[6X]>51Q:R/Q+E*`60+D%FFX`+4%FS;@*"G"6S.VZQ/PE(@IE])Z_TF% MK/?RNEAV7KP`S@!G`C,/7#5F]3(BK'=F8M5%;:-4^HI])^%D/Y#R!H*P@J MBQ:">BI03T6)`P.%S%JHI]*NL[I#H`#U5(X<`5!/!9"0#03JJ;0CDN``"$`] M%:BGTD8W6%UG/I9N:8;55^(8K@T'GJJJU M]7XC)W4*W1B!BBKM#7.YIE0-;0NFZ4&:9BN0ED)F9'L7V] MS+2T%7/^2>PCH3I3[V^SAL$%LJZHRNO3F4/D%917.2:OR*FEZ0;4^Q!IA71Y MEW8#`:@U%S;YB M!3YE)J;146QG+S,Q+<5*(DOM)3&TGFZ#EP0JJX!C9,,I;T_KV-MJ#ZFXG9%X MY]BV&A1`:B!U^T@ML3]DI\(&=PA45FF=^\.QM*[-.:CUB/:8X/T`[X>.0RJJ0+D4 M&2VBUCBX/"B74J9<2B.Q=2W9/1S++@G*I1P-BZ&Z!Q"T%02510M!N10HEZ+$ M68!"9BV42VG7&=PA4(!R*4>.`"B7`DC(!@+E4MH1)'``!*!<"I1+::,;K*X# M'<+`!H+8K67:MMQ6DDON)AZHZF MZ]O2L(*7!@JFM-1/8QA]3>]QUC;'LUL][734VHO*3$M;!UK6=D=7LQQPD]2G M-;N:8VXK:@=>D'4E4Z!0RC&Y0QS-Z+:M\*/$FT:S;7M&B6EMM*UJA\2T)K:+ ML;UJAXH$E]@ATM%T$^K'0I&4XW:,F!W-['`V7XYH`VJ!8Z2^_&80RE,?+;6. MO37#DWSDE-DQ8IJ:TTQ*<84<(U`EY8B](K:M=?N<4V#!]K&]]22`U$#J]I%: M8G?(3H4-_A"HDM(Z_T=/U^R.&IDZ5=AF@OL#W!]2TA+<'W7&[7:U7@"OA(5H]\#=[!:K"9%&F=`+5%VB]`;<$6#KA+E@C>-;;67P)_ M"=1,@9HII:_<]W2MXW".-ZQIBP:5(8`9P`Q@1GN8(;&SZ?"%8V/-E/SYGU\_ MW`=O+B-JP21XL,AVBP>W*?GOF!@VR3(FE$PW1ERFK_T`^L3=]0I7BR^@?=\PFHHT@ULH_S\ZR MANBP\I9NAED[-\.\E:41T";FPT#4KT2^?,/#=R>>J1L=W="--&*?^I9^\GX= M*TMS;I7Q@L'Q[VF2^L/GK-N[$29-!T'T1'UHF74Y(N@)*((2E)(_AW/ZXQGE M-&J4!E-:`P<]1FG1^S9_!IV>_';S*3EYI9%&W!0]84K5G.#(3<@O04#_)>)" MFG\:^=X(N9Y'Q(>U^#`E3X8>IF-X1FZ\]/Z@.`2:4U>;-1#CU/5#^HX?HV2" M/9_,^C\$)7[X2(9'H4C:&4_<\+G8&7G%*R9IUM"DD*85N>&`S#]+C(Z&-&WG M^:K`%#ZVJ8"0U3GO=25/J+G8,=V,7UJ MO9-WR,[[:"=OG`MG?!,`=\X-V=493X"K5#6AWKD?D08_6AYWSQWG:"=_+`!W M&HAND(;)1(.W3H4?=M"S98/2DO.+G?*MRCR]O,*I65^%4\,^-T53Y0"!J*O\ MST9K_:BQ8)WKPE7!`6"HNQ(0:(@-&J*_P2J4$A5Y`4946WD@P$4;M`7+D]:$ M&=6N[4/KMTFE!4`Q7^]OUY\.TX:E":.8'Y@>LX$'N%;^*^4C%BD8*CD?ZI(+ M6#'4]"V+DPO%_,X@&/4K1J5\TD)7C!8M&6WT5%>]DK`VQ`:Y*?J(/U M,B\&`Y_&X;O!LIV9WRZ`[:O<,=UBC0;Q[GJ1\ROGE^=H6[:#C`TXKT5.KZ0V MXV=;MH.,3;ARVPB3)CRB@K6)BNID3]MR=E]Q[O`U)]];YM;\B.NW,[=1K?6. MS1K"4!K?I1VF*6J(-U&<`ML$@+?'M(9H#\6I?WA8A^($J$'_"L!?6YVU-41/ M*$X!-?`GL1=8G/Y340&"GWA+-,(MGJ2S<`2=A2-L\[B#RU@=ES'G<(3&Y\=PA,;GUT@X@D+>X6;#$5KB$6Z[O[?M MWEP(=3V.4%?.Y\SUPJ2MWM.V^T8AU%50.(+4\UNR+?-AC697MXS.Y/MBW-R" M%!3R=LH3I-`2=Z?4N3)D.R21UF7:0)""Z%)>K?6TRIQ[HG'X\R9SY02[X M2>SD/0;\2>P;;CQ(06H*@/>X0LH$SC$*X$=6Z[A(6C\RI$R08.60WH^LU%UX M\",#3-3V(T/*!`Y6ID+.84B9P45[G:2UD;*UK M%.)?CR7^=9M#`SR8?`(/CL5="8D0VI`(X=1XI8+3$[(>''W6`^DNF+?5M=J& M!`5 M-)NLJJUD#,7KU"43*HPR_W@?H]?SAXK-S#[__/KA/GASZXWP8!K@F^&7*359 M;X:Y67M9L&KO:!]W9)P?@LC[_?V?_X30SW\Y.[L.'W&2CHEIG"`_1%_=.`UQ MG(S\28+NG]&%YQ&2IG[X@#[C=!0-T#]80XBVA%A3_SP[RUJC8RDT=QT6&_OP MO&@J:VEY0-0"IU3\AH?O3CQJ<.N&;J01^]2W])/WZSA8FF&K_!:,B7]/D]0? M/F?=WHTP:3H(HB=*5L9[=!]C]_>$0/LI1"GYN[_,EDF1+8$?8LH;=\&;,:.H MAK!/7H[1T/5C].@&4XRB&.$_IG[Z/'_�>%YE'Z/,'HU*?=1M.$_#%Y]685 M;R4@F4W#PT$PN^'P[D0_8=^3B>OEW^NA=&Y?ZOJ/"T;NL89FXZM<-^1Y0L;PW8EAG)3LLV>=.QOM[T*OMWJ_6I"5=MR'^2ZV\+TE MAV"[<*?*-*O@OK3';HMD\*/+`9*Q6%/1'5'638@%/XTAE5BH,LVY6'3JDPI; M/[>$<_\`J;@8#OW`IY:MHI"H./<#4&+5AQ*S<][?Z+24A%)%E/P:NH"36I2F M89QWS';-78P5R6_W4&\W6Q@LI5E4=&Z(,Y:%D5DEV)0).%%I/L`?N>=S"'\4 MW"/MLPJN1D(8ZP(AC/EEME57HJ*VD@S!#B^-9A5,I^+*NJ#/%<9DBNB*#+FF MZ'/9S>?U=`",>.[&*H]I.#0Z(57%M2G6RV:YI`C_;-^K65231?5A/%'N!<2^`/RTR+^@/S(S9]CDY^=1H*"KGC^-OBG[*KE M9_XQ5$KLT\2<9#5#BOJ3"O`-GVP%I:T>T4J]UI%;*M]:D=RVUNG4E)]%(G++ MBFY',WM.ZZ@M*[B[@&V!U.XY6E??IKD5].FJ&=IQG`[^9KF`U\E'6GRHV/ MJKMW0![9CZK[C4`RJT)VU+%NH_8 MFR57-5AR57[5O>6\9`>QXH?!'I*KMO*``LX=MH@%)%>%I)F[40+)50$G:EY# MX3MW2*[:^(V[`T0;DJM*,Q](WBGW?(`_2N^1^)^>0W+5^D[2U4]QM:`/)%<% MG$#.1,B9N`,(D#,1%`4H"E`4H"A`41Q$'TBN*LD-'%4.B"5V;4IULMFN:0(_ MVS5-Z4(I@9\@G\!/D,^63E-U^80S'$BNJG!42\.7.$Q+Z^F6.)`(NS#=)B:I MEGP0DD/*S1^0'[GY`_(C-W^.37YV&@D*NN+YV^"07+6!DZS&K^E"*@.YB.<#R3OEG@_P!]P:D%R5HSOCF-..B3UXY&MR`Q_9 MC\I[82";8\9'U=T[((_L1]7]1B".,S:J[9`":60_&GI7R6K3"JQ&G:>O0.3O'I[95_MRAYD6KQY=XLGZ2S]JLX__>HF MQK=D&[@3>*K,LPKPJ^1?W20:TCA)&LJ_6DHA2HR76A6RQ//T^"1@U56ZRU]W M`E;QF-C'<;H?3.K-P-I5"2;U9V!M(5!*+A#FN>FT:^YB+$F.6XAZ^R'[95NX MV^,`X:X_!ZM<=&X=<&!",*&Z)K1Y-2K5D8*;)?XG[9P2L:J^WZHQ0G*3$$J# M&E&96*4WHQM.G*844.K/L`@J0TTD\$BQ"*JB10`!50%(`%71#$`4<.`)3<A\>[`)CN:8QA`;E'D[FJ=;MNTB6PNWN4$K9:MM\N_JVBPQW$Z"9KMI'W(SB?O:$=WA!0?@LC[_?V?_X30SW\Y._N([\G;TYA0-,:3:>R-W`0/ MT&D0)0GR0\+0('#CY-69_B.ZG5+.^R%-S8,&BQ?_\9FE^?SGV5G6+!W9HMUO MBV9_(8U>AQ^S)@F?0LJ:;WCX[L0S=:.C=W4CC=BGOJ7_ZY4)&Y_EC-TAHZMKW!H%!1J_=HY*3,`8? MPEB4,DJ3QIYCQJX?,XI3QN!#F9Y=)V6&KH?1(XUFKHM/#CH?--@YH;],6<&!#,AK5&A5$F;M,;:_U%7\3(SN"XEW3-,V,TIM M'9,TE*AI^7A)"<-1APRUV5@OR=`UG(Y*A*C)NEJ#!]VJ)!@?_4=_@,-!0ALB M>Q0RVA@';,IDL9LKX=E:6-G,REO_.&O\6];V791KL&P-X2=F;G*5 M'-W"^'+CS-Y3]BJ1TQ, MPGPW09.%V4FFOFIY[F%]DX'FO7REG5PD"]OM9KABO=5-G#4FY-P(KS2P9<)= MAV0%GE+_HX8^NV3ZU(XA;_O1H*KE3=M;-);KK8?#^:Z?*/&]'1"V3&`PTM5AKV4((NELS>OY-VR+-#,@%TX7DXP#.#D[S`_G9&9I(0FY@V M^>F1_G=.P&^8#-_W*'UOT\C[??&7+]%C5FN*$,F:];&.[FQ('^BPB[,K3.[# M\^*1V<38O/+%)9M3T4YEG;'Y%*=S,\P&\8*7Q"(P_\6:_$A8Q5B7#YZ.G;V5 M#3Q[:L[@Q>39W&?/+(C%:%6$0_'W=4K!6-&8G4ZWGRM-T72J$X"S>UD+K"?H M)AT1;*0C-T0W3-,E!*=D1W7I)B-T29HB:OXKVW215M&G[Q/,0.:'9`,V=GVV M(2/XO/(3CZP!_X?=6$Z4SC9+BYFSB=^1><^F329-YYQ-^2O=2I%F\OE>A_/9 MW@RSN=*IKL=PIH_D0?/2^F^>O-?/#>M`+'.AI@1(/Q9\MP+7+_S)G:)_70Y* MSC$]1Q;^3@>#BULK-HY1%-#8@0%._(?,4"+;,V*'9#5("3]B_WXZL\2CA]@= M(W^(W"!`269+1-,T2=V0EBE%5%7'S`O$W+\$S,FBB^0G%+IC8LI3\]XCEA&B M)66VH+HP//1Q,;S+Q?`NB\/[.AO>.GCG5/B4$6&^R2ITL>AAT4&Q_5GSU\.+ M(,B6TIO%S"]B_&T^[^NPT&SRA3`-/35%7#W/%?/8F+J`4NH336,HS%R/6\ZGF9B'#$3RB/K*6F8X,-_Q&1Q M(=^Q-OL7I>YW1/;W>.BGZ'2F!EZ]/'OYEG=R1?JX6'3!UMK+8@?7K-WLOW?N M]P]9VS-\[O(K;X.^1>B5!2@4SUEJ&EBKB+IR>K.#J&=&!VA:@J;=*C2U^D#3 M$L+?K2#\ALF;IC1D(TM(27:0_Q^.([)&32=D=5KRARY\[T5*S<,]HB%],WMQ MQ9.YZ;Q@Y^QI[(U5C+ZIT%OCL]LI+]12[BLZ.=LP+4,`Z_),J1KZC-V$_)$Y M3Y[\=(1^#2-B><2/S*BZ#B=D2X"HK1]ZK+(P,]?(]VD;Y#7O6`ZR+:@G]PX)&\D9W>QRW:I1*+&E*+4&[#^+(". MDPVS,,C_)6,L#C$;X?(`Y\-CHV-CHR.CXR*CR@=U'>9#VGDJ.Q_(AV?6VB75 M$\Q,FTTFFTLVE=U6-]$^<^Z)F:$DK)>#MU5,Q./DDP(BNAI2!"):+^O/9@YS MR9C>+?))?*LJH8I%)];I>WC8';;3&V5L-UP=AJ MS_);S;L+?)+$]@4^J:E*RV]A0)6VR&8JNWXJ8S/E]+ZE#?BI3_.,_#UZQ''( MF'YS'_@/[BS,;H$,]-%/O""B(SQ;8?>"8_\SC:AWG<7^B+#)Q_ M_"\?QV[LC9[92!@WYW_+2,_^,`NT+S91X-E5S`[]O>?E]PM/)'.ZE<*'T>OW MG?EIP=YTJ)'OM_Y#Z`\)[^CC3%9O7JB&&3?-5\7@R@UPX(9=CG9#A@"AG%[*KCP?9/&Z8/[W^0A; MS/9ZJ"$>`PTPE"4.V@W2`CMAU5%(5,C`6N M"'!?RRJEH+[EDDZA/F]B6UE=582S!6NJ:D&I7/&1'Y#\XKOW?C`[(2G>"*CA M$*K0=B$^7SJ?J&%U#'OU[*GTV`^G*/^8M?T9H>@*URP3:_15'RY):GJEQ3.P M&7'B2P=&8AO_+QEBM/Y"?H?/PUQG#: M"DJ!$C5VCVU'&,?X*2F,'S4\B&U'68OTF*)GX\>$L)J/-91$&>BQ8S+!Q8:@ MPJ[K\`-O)8TC6+K`JW0$UQ>/RJ?9,L-)T=ACB5#V>9I.B9YIVS%=-BWY\"8Z M2V>OVRVAV^JAEGR0:Q(J8@_FK&/@LW"_DJQ:1#;+''`E!:Y:M^-3'%>-G+;P MPE;;7)2*8TL.-X*L8!/M0S"-,BY2Q2'7)G76.L>!XMAJQ"\EJQD&V!*OM^H\ MTY%U503SOOUN)Z'AF4?N7FR#1UNYX[JC\'1*J5K$AITTLJ5:5Q-$Z:W[BU(: MLNZG!*L1V^B9+^Y!`JQD@Y5JJY/1+DB)K!8FZZ9)DEIBK8*/B$JLLN()-)*$ M1[7*F$F2%&13$3JBJO7):@H!=([9#E+TP*O=\)%!C8#Q<4QJ0-&SR7;#1X9M M#*B!8]F#*'J,W`KHR(0#H2?%8OWM%8[KN)_`2<<*P^C:U4[6.).ZZ=BO%MM- M,K!7NO")-IYG@E#O(]1JG@W)P-XF8RI;;.3*P-HF;\.UV!$N`VN;OL'18D>U M,NQM4"DK>OHI`VNEN^XG1%,++P73*Y-L6`*!%F(R\26UTY.*U&H*F&K!2+)Q MO5EUJ(XN6^<M?Q7U4TO$1*X&*E^EU]'-?H-R M(2H"4?@V0;!U:9A]2T;UQM6BX&P.]"V0#/6/OKK=&HRZ0F0L#9Y=XF62;OSS M6@XL'KX.BR-)T@VT7KS`:++^_5*TZ'=,I=VW'5F'B M-3/B]3*?6):N,57P(-?FBL=^Q M)":&V.L^IM,WZB0&IRU69;M&(='4#2%KUN%>49'Z4;#_L]<_`KM!M0,&P^PX MO3KM!I''02(UEG![SNSI?4Z+1LUQ8"+9(%IGZ5:K%F[5O*"&WA>RJ:D)S7PU M@NU8>NLT@FJGN(9=22/L*C&\YDCE<=N1BKB2P2V/Y=U="+CD&4L='&Z855S3 MR/?ZY:I[RT!N7M?TVAXDJ@9WN;!*J"O)(L#HJ"),8B2#*[D=JZ>K0FZ>-\B/ M)#1/#@[+<1&R[1=4P"XY@O!"X&Z;0^34X*[0)&MMOP^AE`$LDT6FFN-=*@XK M:I&I)MLU[[9VY1/FE2)8OFVLU=URR>*`!!2R4%.L#\8HH%0::O(KH=-BRQ&X MI[*W61KNU1;EHT!V6I8]S*34Z3 MMG@#=7-:[%6&%;-%IT%2FD)\J]JUV&T('%3]*'Y?#GZ)0DJ!.`H"RH[KD-YV M35(-?<1>3`:%T3".QO0;O1(;^`,W]:,014-T,QPFHXA0D/9!.)JZ?DBTZB^Y=[RSO*NKDA/*QW=#/-N:"]KF&7H1AK-V7:;NBDCXJ<_IG[Z3*_J M1B&E*:-V/L9\B%7H>^#(:Z?WQ6#@T[\02?OJ^H,SLHI=NA,_)=_E(_QBL'2L MU^%LI"K3_QL>8#QF:FE#DW)*0#[J]>,H)Q*.97:<^>HO&V>*)U02LJ!P&J,R M_N]BMF(]2TOG?(#*4UHA];*^=Y6)?W%S>8TNTC3V[ZX3`AV]MK,K(Q5ID9XN@L"7T(RPKTN5RESN('8G=? M8;*VQ[6IC+QK.HO+Y3D4N\UZE5AU5)X'/Z[48K*+Y@LWTUTFQM2BY(5S1H2R MEXA+>]KUHME2JWTO$?GW-OA%,Z!FPU\B%H@G=4L(=XAS4C1\ZW=22L6(.KUF MXEE3A_>LW]_E.SN`83A%V=*/3G^)DN058U4P985CIPFK5,VYTWNGX" M38B`8_7L`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`UFCZ,5O]BVN@TZY_.YLF-!PFB`?9$)03/R$^2*?U3C!YB ME\!^\(K\A%QZ"2@(HJ<$G?HA:3F:)F1DR:LW%*BO"5(+H,T_WL?H=?ZY^$AF M6M]'\0#'[T[(9L##03!Q!U1CS+\G$]?+O]@(A[@84&-%$G_.AT4)AQ&3[$[>7>2_5O/I%^, M(Z>[\>-NBLP!_G*L=8RMGI$<`),,\_-!_55G_Z.#0^P42S!FV--/V'\8I72, MP6"9?1ZF"W;6,56=`"8`4UU@Z@"8`$QU@F!0"Y M!4`V;`N`#$!6'P8IGHP;LBKQ8$ZSG)'/K`.;:CSG9/#"`N;9CKFOSC,@0',`>;$ MZCG+E,N7!IAK/^9T`^PYP)S0TW.'[T412:C>.*L!<3GB.K:"ZVI-?@WE[N#) MXQ/;Z`&!3!-+8VMD)+MO2DI"LFH#E<`+;&IPR1P0WF:$=[4^YP@"0#@@O.%X MA0[?4'M`.""\283W>GS]5H!OP'>SL1B`;\!W>_'=T=MB@6]RU!V0!FIU\/:& M=+TB@W\V9GZZF@8!^C_LQD+Y:>_#3T[N[K5C:V0D&]0`&1`:1-/[`+?[GFC% MZ4MP--'5C+[8O&D@."`X+1`2`Y+10\:2EM6',@_56H<,EZQA4O=``V`!D`#H`'0 M`&@`-.0B3^,\`6C(2I[&>0+04"H)4"U!0X+<2/M=EBL[.!FBKT024B9_W`'1 MA5(,5,Z\5:9N*G`C`C`O"\E:@GD%HFP!\[*0K"68%WMD`I@'S#>/>05N"P'F M92%92S"O0!Z6UF->.2J!RP0B,03GBX)J)5+ZVNOD/8=P-7F`S5JT."<4`1@# MC$5D-Y,LQS+`&&"\U_5'!V`,,%8=QEU`,:!8>12K6#;K&%`LBY/A.(.I)'$" MRN_)EJQ2/"<^-,Y\P.#<;`X20%S;$2>9+P,` MUW;`2>9V`,!)!CAYW`X0EB)C6(I)TT'&`.*%QF3T`'`!.(.!@206\0;##RMB.[!J4$/\$7.];&IL" M-T7A2JL\1^*`;\!WLP?P'<`WX+NU^.9\W`_P!G@WJKXA<1C`N[WP/@-T-XYN MY:@D:SA.\ZEC//ZUSD7&QRP13]%:YYRBJZ'+]XP?Q`;$IH5B8ZM0.Q/$!L1&+K$Q=;&N/Q`;$)L6B(TE M-@,[2$TKJ"1KK)TX0D*V(65O;,)E7H`&0`.@`=``:``T`!IRD:=QG@`T9"5/ MXSP!:`C/*?,Z=>\#7/#]Y!_O8_1Z_E#1?3/[_//KA_O@S:TWPH-I@&^&%UXZ M=8.+X#!Q4S\*/WVG'_$=[?:.3.Y#0)YZ M_^<_(?3S7\[.;M(1CM%%DN`T0=>A%TSI?IM^BL88W;G?T3?L8?^1OIVV)XE^&2T*'4]$V[91+%*-).B?KJQFF( MXV3D3VK&46<3CHI=EA,GJRL*4")6LBF MY:2T&FV3"NTTHD*%R43]\-FH)$K#A^PU!,V>JU6VB0Y[6&7B=*20S5#]RTBO M8PK3N#Q!LU%XJH/&5&E996O.SAUOQQ9FG_.S+C>[`JI:EPJQMXS5U.T2^*O/ MWMHV#V=&%IBU)T$N/"^>X@'"F:L,N>$`18Q(`;%*_(#9+[L),6MFYG"["`=L M(+\LFN"Y?>HL`+%S'!4GOM'PJ7'"I2T>J\=MGB56JQIG7'V9ZADJL/APUU*7 MWSPYR'!]BU3!I5;WO`^?X2[]8W<[ML6/;^5M[1H1N[>1;3B.J?>5D-:#/1BF MJ2C7:S]G,@B..HY:RU.-!R)6C[0FIP8KXXHT>GW=YJ>!N6*Y?F^ST>MUNSHW M:E1R2.ZKT45[(L\,?C8X#\.EMLV'Q4_L>0.ED7/T,X/?FLF98,WX^,_,KIP+ M2REOC=ZQ3'ZJE(]94-^NU2)V\#ZF\'7HQ=@ETS[]B+-/KY`?HB\XS5U7PS@: M+R^GQ4GG[^=O7X?DU>S-*_+B\C+\$N:V;J11_FG'%/N]A=57I=NJ:7O79.^=)-19=;2EW9SU9[/LHS<;IS=VLX: MG%:1>27LW&V,.W!JE0":]U4%FR6F9Y68WMZ0Y#+!FF&Y:7),TYZE(S<\2_%X M$L5N_(R"*$D0&9/[Z/H!LQN&9)N2N.1#@KUI_&*-9*WOYV_?>!\G?ZR8[]2W_)-OB*:.WH=L_\ZC;T1Q74T1/_!<41&-9V0 MB2=3>L'=#]V4F!D#?$]6^FF\/.7\U9OA_T=>O&3OW19>^SA_Z\"IGCEFP0%: MOMN&)UD-S&?%@[L]YDCT[7BC)8>O(N6MH\'\LGH&`7/ MP):.^(ZZ(N&-CM/O51KU1S\IC)JI_TWC7GJ4ZN`Z1V[W"@$;6WOB/_2*4#$S M,['2V#>LP;/3Z=3]CN+Y$2[;$@WP$,9G=O7Y35GP60C\G'6#/E] M9G,?JL]Z6RR1DF-0@"K5T&ST>US(DC=!*((^D_F[:13[P3.AR@#C,:-*&(5T M['$4!#3O' M]'[8E-D,@R@S$=:;?O39W^BC-\./V8/U&7GZPN[9U@W_<5>4Y8YN5AOX-TS, MF9`.VG,G?NH&E:SO[.V;X67V+D>S^ZS36;"D0K<23+2B<=$K>%95FVBWRD1- MQU%THIWY1$M!URH(Y3X3)9K4?<#4Z8N&&!%GP;%/K+&/1*\2,YJ\BK[BV(\&&X[PY^>U-UL/:N?=Y;T5 M.\OZRKK9)4SE#OP/.^&]V7RTVRE2__K+U=R?77Z&A_!@]^EXF>-4KLQ8<\+* M^[R]8:8LAS/*(!"+X,>V"D)#RFAE99%.&1F-**.7U.:KA4IPH78M)*\H;*)U MM4@JM;BQSYK0C&QL)/[NB$BEU)3TJW13XG#L..=C]+0;JX(MRA+JHA&+4BB2 M-]!<,*XYDEYZU`O'N3@DFW+I9)ZV1P/^&NF1W8QN$:C6I>=`8WO5)CQF\NY5 MA3O'6DK'G7M^;O0U])R^%6[>MI4-31V)[&8"'(GP)OJ1K)=-'30UH&=:P)3- MF36XLN)HS,@="E^P"H*ME?C#5W'"H,"2*XK**M!Q3KSB_45^:VO>W7)OTFU% M#]`?NV=X".WW\@/L073ISZK/#!'D+K,RUD#=5F&UEH-]12`K&^T/V=GS(;D, M._IVJ&157+)?C`6()]N)R<-6H%`C3C"*[=M%`DRJLAI&^,LN!#ZM9;(+SA MVPYY@DGU(NQ0YXJ;H`W[PPY"2-QK6N,4K=G.1SCNY&6Z@ MM"6C;ETYBM@QI_UH7<_A6FWD;M9J:)C@I??3M9%;AEP48JA=QZY$7I378+F) M!OM.&UDZ%;[/AM]?Y)FE0>^OQKM2E.A670W!8-&9'R*IA&S!VI3RF;Y#67&1= MKDM#0C?%_+';2G36$+53VX+?=DT@0O9AG6^"MMHK]*E MH?;%-R@5<-TB!XZDB6)$$+R>2'=Y@2Z=QZP1?SR$JXDX^6S#%GHQ_(26B_\U M=(=#/_`9C?.VE@M\SY^_#HM/S]FT5MENJ[#8H<5>::G71?'N'7T('#T3I9VC MMV4=?1G:V^9>H[^+:(WCWZX_(0)DO%P&GOWM-Q]?L+_L!0FG4X3$C0Z9>@PT<\Q'%,8..Y<>R3?_W_8R>S373-3]_L_U6J;0S%(KBT9H$ZR%G16"W_\M2-\._$>4I,\! M?GM+(TM&)QN^$`;=AT4@U^>D)@E9R\HI-[3697_T3+ MS>IO[GCR]J]$_[UM9B3_GB:I/WS.!G,WP@3'XXD;/B,_00^84)?HW$E&9Q3% MI*FS%[\.T2.AJ66I@_]+KG M)B+S"@C^-?1#WUY\92S]H6\5?TG1+9ZDS'!#EJXA*@<:O18W^\E@/]GLU1=/ MVAHBH)A@+_4?>1E&"B<(8X#AXID-RYVM*XA,$36*B.F)">#IQ\NEW MG#*()=B;QC-LT:F>K"'&R:MS]+\8$P<+D\C MO#07"@@BS&&4DG4/C\FLTPC=+]&=,2G&DRA.*8W&%(O1E$H[$8,PP8,ETI`Y MDG\8:PA-AW[HAIY/%`)]VF?=,>EAU/;<"?OE9$5U3PJJ^Z3(TKL1&6O^EA]Z MP71`YI1-L2`M&FWD/DI'1:935J]G[Z*#E[IHAKF$`7(Q/$141 MS%HF$_9B_YY90>A+1,3B!@0.4V*(R8O83>FF]!DAOED=3;96#'. M5DG&IY$;/E`*%P:32\P2[Y=F='I"-_LGK]8P_`M.T0.AR^M3(K;)*S2,H_$2 MC<@SL\:W0HS-@>`@&F-%1)+R9Q@%0?3$U!A;'$;$W`FHR9-Q*IPR?4MFME!` M&=;I*X\14X!S$Q@7;)8;:K-H&8J>EEA3Q&3&C@SJ!97Z,"5/AAZF8WA^H?&* M0Z!LU68-Q)CAF[Q#@$&7!2+KA(J#`C=).TNRE`U_60=I2S+/@!?E%AM#TS[L MS:CKD6E/W`$=.;7HV?=DXGKY]WH`\.0/TA%]5?]Q81>G\?S3(._GD6@$WW.# M'!U$3:71>-Z`U3GO=7]\2Y9'[_>'F)!K<)9CR_.&Y']26=U%E\<<*JML>)T. M*I/!/+=[HJEPJ$F^SSR[YY8M.;<]3%4-C\D[Y[W.T4[>.!?.^"8`[IP;LJLS MG@#O'^W.<[23/Q:`.^>Z\'E*PV2BP5NGPE\7MB6U;E"&PS;A M?K-\JS)/TAK9Z(;O3LR377.^C^(!CL^RK_,!('/R';%]W<)LM<]-T50Y0""H MJX*KM7[46+#.=>&JX``P%$\$04-PU!#]#5:AE*A8/AD&7("VF'GJZ:ES$V94 MN[8/K=\FE18`Q7R]-`)&#&$4\P/38S;P`-?*?Z5\Q"(%0R7G0UUR`2N&FKYE M<7*AF-\9!*-^Q:B43UKHBM&B):.-GFH:%?S@AV?TRQO4(Z8O[80]YM-@-_+C MV>S7S2$V-"YP-5[7`M=%'7$WSE'1ZM4A!26UV,$PVVNF-D[$6E&PVMQN?GU(PV6RUMH..FXW/QN=G M'YDCOZJ5>3'(+N=D%W46=F9^NP"VKW+'=(LU&L2[ZT7.KYQ?GJ-MV0XR-N"\ M%CF]DMJ,GVW9#C(VXL5E#&$KCN[3#-$4-\2:*4V";`/#VF-80[:$X]0\/ZU"<`#7H7P'X M:ZNSMH;H"<4IH`;^)/8"B]-_*BI`\!-OB49XF2<,7,:M(\KI$S@'*,`?F2UCHND]2-#R@0)5@[I_0(;Y76>UD+&UKI&(?[U M6.)?MSDTP(/))_#@6-R5D`BA#8D03HU7*C@](>O!T6<]D.Z">5M=JVU(<%"3 M6I,';!([:!L/%&B<`J?F-K2!$[=*/H,.^'/WEQJ;2,T@FMX'6`67[V&[[_(D MD-@KK$16A"J4;JGCN`H)5'0&R>,TK*39)*6T*,4&'FJ!FDU:)_9ACU_J/"[F(G\>YJD_O!Y%NZ0(C<?],OH9XZ'M^]MESIPE&?LI>=D.$_YCZZ3/R M:94YG&2C=N^3*+[/^AJ[_XYB^D0T9-_Q]PGVJ-4?1$F":1.#UV22\Y\?7#], MSA?"C`ZGQ,TGU@+]_M6-TQ#'R'DODD^0-C`-W>'0#WSVA\GL343& MD8S(>Z,H&-#O`1$$E$SOD]0ENYM'C'[WO=_/HFF:(9/PGG9>(#MC`_;)+]F, M'@A]8S?(>Z`=^.$CH>68;*`(_4+W`<<:9>8`XW'&HI'[R`:>QE%0)-;':>R' M#ZS9=!3C%4K]]Y208$$DPL0G-UEB_LBEU$;N(MAFE6+)*)H&E$[+='L:$1C1 M;HO/T]:]&+,'HA!=$$0%*(L%[Q!UDHXHE9:H[+D3/R6],A2%Z&8X)/T1'ET1 M/<,@O:'[&;`#-UEI,*,D(2GM;A`3P1PL2)30"K*><(GE!' M_Y&T/L?TFB89%V9L]8B`T5XH)='`'PZ)?!(\%=_>EX2$E\N3/E^C,5NA5.V, M?FON,FB@:;>3)WV*OGW>BB=.UUT_<>%Q;N'8]>PSNV-SA*,ZXN_,3=[),IU0YXG9`S?G1C& M2]:YL]$I5>BU5AE@3^]7(+F2&_HPA_X6OK$<_\`J;B8&Z**0J+B MW`]`B54?2LS.>7_C29XDE"JBY-?"A@5P,=LU=S%6)+_=0[W=;&&P ME&;19<%)(SR'\47"/M,\JN!H>:*R+#C3F-[Q7 M78F*VDHR1`"^-)I5,)V**^N"/E<8DRFRPX&:KF3);CZOIP/@9!U]"H=*JJ)# M7H6Q,;).0B`LG2*J"@50%*`H0%&`H@!%T1Q][J+4#1KWV(E5'-5V:G!`K(IK M4ZJ3S79-$_C9KFF6]5$J/]$CXB?(9WNF"?+9KFFJ+I]PAK-F9W!%@[Y_HT'? MBNZK)9.$9B9:N%+Y0^%^R,$?"S\:MF8977$@X7GDVUHFU71[6QA_A'LA@3\@ M/RWB#\B/W/PY-OG9:20HZ(KG;X-_RJY:?N8?0Z7$/DW,258SI*@_TP[?\,E6 M4-KJ$:W4:QVYI?*M%HW7U M;9I;09^NFJ$=Q^G`;3Z'Q_'.IXQO0Z7Y`'_DGL\A_`&WQIJ5:5=8)K@S*J=R ME=E64_C@D:_)#7QD/RKOA=G`1UEWJMSXJ+I[!^21_:BZWPC$D?VHND/JF*61 M#-30=+-DSLK*6?`ANRID5ZV\T2M>K'N1)+H)3VQ+-GEMV(-B17E68^D+Q3[OD`?Y3> M(_$_/8?DJO6=I*N?XFI!'TBN"CB!G(F0,W$'$"!G(B@*4!2@*$!1@*(XB#Z0 M7%62&SBJ'!!+[-J4ZF2S7=,$?K9KFM*%4@(_03Z!GR"?+9VFZO()9SB07%7A MJ):&+W&8EM;3+7$@$79ANDU,4BWY("2'E)L_(#]R\P?D1V[^')O\[#02%'3% M\[?!(;EJ`R=9C5_3A>2J`K-]6KUM-YC5)+=4OK4BN1U-M_CN%`'=Q>2J:F=7 M4`O,CZJ[=T`>V8^J^XU`'&=L5-LA M!=+(?C3TKN98)>M2JIAF-6]]--MR&.;D>^'O%?9*5IE48C7L/'L')GGU]LJ^ MVI4]R+1X\^X63])9^E6=?_K538QOR39P)_!4F6<5X%?)O[I)-*1QDC24?[64 M0I08+[4J9(GGZ?%)P*JK=)>_[@2LXC&QC^-T/YC4FX&UJQ),ZL_`VD*@E%P@ MS'/3:=?C<.N#`A&!"=4UH\VI4JB,% M-TO\3]HY)6)5?;]58X3D)B&4!C6B,K%*;T8WG#A-*:#4GV$15(::2."18A%4 M18L``JH"D`"JHAF`*.#`$YJ.5<)SX&;O[*A^8"RQFU.ND\YVS1,8VK)Y`D-; M-D]@:,OF"0QMV3S+GJ?(.E$XSQ&0E+7EKI8F'2E-7XZT-;U?T_6/0^/=@4N< MTQ8"@X!!P"!@$#"(7Q!2:QFTTU)0T"W/WQ+GD)JUY?O2.LX]&[_ERUF;U112 MV0I26[;6=[;=>P9ZUTUOHZXT+$#OW?1V-,DXJX>8"3[47D?$O"1_:B\?5F#<%VT52"!+C5A;RWIY:VTI&T+LD[4KC8#']?/X8"\Q$!0(>A1:*,_$`5JH`H_U\WYS M^0?+FO0<1;:F?JH$"VT2*BG-V$5R6K)%%;B[`5:\9,7552WYA8`#LF3]`D[L MRXG:DFU)Q(+-2[&4++A(T#<\B>+M6J)'P]"2WAY9)RK&VR1V]E4MQTLW&2$W'""/?L!_ M3/U'-Z!A!0)W0[+BHP[-ULQ$=T?IV&9'Z]A])?:\ZE*YE@KP0-^-].T`@?D2 MV+"4(G`3/J_#];!C..UR>=5NI2S*/2?(#TDWWC3V4Q^#RTOE_5=!.@RCI]EZ M+5'X)=G)4YLW3LY:,NP`(6G"BYY>RYT"("8AILYYOU$S*65S;Q3UI>EH?6,; M,L&Y\=)LF-#HDQ@/R)?\#Z33\<0-N9L2X/`09TIT--W>9E'+MV^1F)R<30D@ M)!"RU824V"6Q6U."[^&%$3$1%K0'W@=A@J`30>C#/J\FA\-]D&4Z MK1U9\DIR9_K?'RF_M/O%LMPF*9*JP0!QV[(E/D5150^KZK&]5P`G)SC=R-<+ M3)59"!LCVQFD$EDC%N(S24EVV[9(F%?EPII6Y1_4@0"^P8QPQ+=1''0UZ54O M)E$83;V".X6!Q"AV]=J\5QC,SF><>D@JS#GX#HIQ!)1#3\K!2F:W60*(PF@`D)R#UVJA7&$B],G$4YAK80NET34N@ M&IHW'YL;4EF)A&I@0_@%M3L:]+TU'.0&>L1Z1N#=F:X-6//%VA6\DP1@[RTD MAD&M,`]"UVP?>)`C[DPKGB/%G3&$\#A)($#9F.E`J504!,AV]:@1,=H0'HHZ M52G!#')J,X^H)(`9I)C!#8PS@L(TT*%G0^B@(#",'FJ/%MPY[N$]8M% M_2,ZI!I&HMR=E>LTK5:$AIM_+IFXY3KV+-OLA?P^(H4PU(ST:1Q%*`RA1H(3 MG&[7OB$@>$@DNI?CY;N6.<&S,BT`5K#C(`% MVP$*?8C_1IEY#D`"D&H!J3#Q<'RE!(Z!]5V8$;)H^RX499'2BZG*/,^*KU;& M9.=(#342I@0?T#6`7^LF6X\L<`W`Q`B[H+#""LJ!W?\AZRK%%O[;88A)-15@AF4J*L$,RA05RG?"`J30CSJ*J^:MC/E_1"V M+Z>5=;4[:._]]G@K)7F^3&:SK/CZ]L*^:/^NETFZ_9L/#CL;V-_?PVR,1RA@ MOT=_IX[^&IU'Q=N+^();,!1$EZZC>"%P2MC^YOI"?B0I64Q)9;D868Z-QY96 M)O7&,&N<@U`L9TSU3U565E93@HWYVUA@)3$`"H`:M`I]G,_KF[*"!NT"1D-FXT1,[EVS:VB7JT.(`'B"&$/ M*M7$HCS!^!5`+#B3%0`6"K!>==;ZI=NQE=AQQI:C\W)Y[-K*"GJ:;>-K<-@U MCL#VQ=%L&WF>8$5+OND8*L.I1SV:!D"&*+*APSJOTCV,G%BO>UPUCF-_R?1C MY'=JI0+#\=1S6+*\DHK,Z!_;#^A)%\ND@.[3QL0R[K$[0[W(16$T]0H!`4@` M4BT@%28ECBZ40#X\<2&6TI+Q@'Z0UK&O(YAF'P^4/D:Z:88I3#B$`;+#GLV%@'!HK&1VF]5E=6?-";V& M:N=,`/%@1C3B.0B+EE\83VPW"2!,Y@6E`U!R@]+1#$R%60 M?&QEM1,)9<&&,`UJ]ROH>VNXR!6=7C6*_A!&L14`-4!]FD"Z'G2FVOU-^B_9 M/NA^]]*RD.'-&,)[<&D2/[BG?Z!@*O1CY-J""5E.\931AO"0Y^A1&F&T&5Q' M<*(S&*&'@(CM(%>T7JE\0RC,`W4H&WFN8>I@[=$G-H8[U,]0*DR''5VP@0[;>3`[Y_H.65P[N^0]97BFV M!-P,0T@HKP0S*%!>"490I+Q2OB$4YH5XE%=>-6VGROLA;%].*^MJ=]#>^^WQ M5DKR?)G,9EGQ]>V%?='^72^3=/LW'QQV-K"_OX?9&)]0P*:/_FX=_34ZCXJW M%_$%MW`HB"Y=1_%ZX)2P37U35M"Q74#&G?0V`)IU55"[(>49 M-]4[IN),!Y`T65GH3`L88(KW[V4F3X(%GOJYT@1)P1+=EGA/K]`T$PQ!4IYA M@NO:^DR69=5TMKG1D-DX$9.7E>-#CUT=HA$@N<"@8%`P*!C4Z(&.QJ"JI12> M.%!(*FS>O$OJFS:/,&4O6#+A;9+3PZ"NTI"RJT/I47Z$7`PMG00G90*^0O&- M(P!8*,!Z567KEY?'EN'N=&$-&2_N3LJ]KG9M904]S;91-GCK&H=?^WW\;!:_-X M@'1M2.SAY%@);/;K"ZK.VM.Z#54.V<"B`[#Q];%>Y$ M0D6P(3R#VET-^J8#18$0_%OP4!<#W'&G1$KZC:(;2 M=R4)48B!$^FC?2'#J3&$_.#25GYPA_]0-W/;0;%H+4%.8971AO!0"&88W@PN MUJ-TRF@CQ#8*(SV*A;A(7:AJARB.4!@85AC3'BVXB=S/H"PF*55%_0;$,"`8 MD-KI"]);B&L4+7_9-4A@/,@,64796'>DL9:K*KU)ZLX6JQ!#:[2[>$AWS46^ M!_4,6O?&`7P!7Z'X!JY>F4?ZA:+80[BSJXV&D2AW9^4Z3:L5H>'FGTM2U)O8 MLVR3&/:TKB$,-2.?&@XZZYSB56ZOT1MQSF7@5+KR.GCI+]&IU'Q]B*^X!:H!OZE MXRE>JIT2MOV\73@J0JQ?Z`_CPO6(( M)7WT7C%KG-3)6L]=UZ,FNI%_[;A>(9F4A M]L;2)=SA.!4..0!J3H7W[[GDV<(,Z/&`57(&?.(LH`LS0=>9\)Y>(4P![IZ! M=,+SC"EP75N?R;*LFLZ65`;R6B_+V*C(+2E6?+IA``TV?+;2\WN=^[N>`?)] M+K(>/6-1'G4#O1@I)>&>8#XR$S+!EDZN<`.;CS`68-T#:RX9J!*1[D4G*8DT M6[$[:Y.DD%TZ.#/;AE]BG9DQ1@#2N<&>-T]@(]?F(IS5,^*3P\7*)^#ZEIQR MJ5Q2"VOI!$=?K+GDB`+6?;`V;UK+)VU.6+)]<=W'C.!F/BY)E33K5B(L*1/8 M&3/8&3=`CB_871D/^3)Q78CW>6'I`'?";U[J!J6RY`A=,'$,W$5F1;=%JD_P).2RFL"2.AS"?+J'`DK!H MU,:ZQ:/JAO;8`YYDQ)R3LD2)XZ(`B))>G@/U%:QE5=YF-;?:(>!&U.=&8N1X M7:T.]`QFE"5&!.<'0I0.4`/4)K,AQ]9KH$+>_,JZ?D&"B$'4!_90C+GT)`3J M`Z@/H#Z4!1.H#YYKIN>+$ZLS@OI@GD)>UK65-$V535?KSIM-*52Y#G@1'7B1 MB0_Y(D:Y)!"O2W5:`&Z9;@TP)/LK-^[,/0.&9(\A>>+Y_/?U+^\^`F_"6P5" M66KE:)T]XUX"+HJJPJ.RDRRB+#UC2(^)TXRA*B,!Q@!C#&H,9?FE\Q\,M*WPPX^&17TJ_E+I*B?[C#<5OHT/*JYE3@))(",T#7&Y>61HRP_X M>>$]";FDC0'6LK:.`>E>A(*L;%#Q-T]\>:CW0%8]ZK_:V2N5?"D<*@Z<8!@X=BE&;#DA:7'J7L^,"1T MR721'XEK`6H2_[$OEL)-(@6($`V(D$F(O$#T`@X1X_[C,@H`;IEP`]H2_6KD M.GS:YR@$N,*4R"1&<=2I20.%%(A"V2J.1:_A(P+3 MY2/0!EBV[D48\VD7!P0)735=Y,B/CH;A(J52@!W1@!V9A)T[CSJ&-@I'D1+<$H!;IN,":$MV;8`H MV9_>"'>O)\"4R)%+,9X_.:'KO;H4R]%R>\=%02!XJXA3;':2#(&RT;`AC3W` M&&`,,,;YSPU56:;S'QSGJ*7T.`0$551TFHSAP5(05'GS:U8.WYN+:+L!MKL0UGPH;GQ!'=56484>S MW@0J@^EK%M>KC*6G&?FG,$?"UDP[[O*&@0)Y3E3E:K(A1%Z!O,J86)&)BVP, M>A\RO9!0M+0;P+T/MPWB01(Y/\.@5I@:H2NWTZW4!-0(**N,@"1QD"-ZJV%$ ML:@3:R;PJ3*8V-TC&< M43AR-$V#`J`&J,V#6F$^Y.B"#70(**L81W\$+@H]P4FM(XHQ@?T`]D--,('] MX+EF.C[(RA[W%/*RKD%5!9B11TN1\&L+`;D4,Y($SI@"()<""5YOQ1*L3W]%)/3A5)D8A\)8<`LL"!_-U9,`J`%J\Z!6F`XYNF`#'P(J*<;Q'Y&-/%^/ M3ITZA)E`?P#]H2260'_PS-L-4>1#<4Q?5^%JPN127H%>"G`DC[=\L>AD-0@F M97HG@+9,_P70ENSA`%WR`/`0=^HO`5\"FBF@F=*[Y#ZRD1\(SC?D%**!,@08 M`XP!QC#'&`J33><_.,[13.EWB"!$UC_'?OH'*VLH-.E#E/ZUJIML?K?&Z9]) ME;6^U8<-CV3]5#19DSU-U1UT3`>O_W^(52]9G^'*2JQBU4IFE'/J/=[2L2RH M:VG=DILLS>G9OMW0`5K?J$])_VENB/65%*1*?"NM-*G9\*Y6SLOV!9$K'-J6#6R3_*JNLN=NZLFZ1NS]LF>3'-$_;F M/"N2@GXM9\98%\?5JR7K%,F<_^:FK,DS9^X`^O'9F[;LKJ`!1D*Q:NI[6Q9E M\7H?@_5YDN:I%HN/K!])NGD+K^596FR?JK;0*Z37]UW@7T86G?IY5A;(^B[$ ME\'VS_:+W_GQ_@'T/F2FRVY)_F``'XMG+X8-?9'\F2U6"V;TLEY5;:RTEMNF M_[,?7.4-&VNY:B=YF=^2=I9_RYJ;]@>>'WY66WFVR-C?+?YD_PYA=T+1VH/] M\G?QHT&QHV=D3JJ*?CM-JBJC_V[I:OIITMXH-\DM:6^&8FUN]DMNA-@CYQN] MN6ZL;W0$-!C,5[/VZWL7P-[?WKQM7V%Z.>U9Z3AFK+G4[,&DIDL3_6?]17J6 M^ZG&#L]8C_)'6/?R(\F5G3_QL-YA>V-FI/XGGL M]>/?'])\S[VZGJT/H\LN&WW=_QFP07Z[]C1[JQA)Z,IJS0EI1U.1O&UV?_^% MJLS9NK[&XBM%AJ)($4]S)OE$OW']^R_;-6BSL)6K?+:=+O2`O*1+"#O!K@EL M>TZ*Q_3NP95LX&Z_/F5'S_/U\M\3U?5CF24Y1IH-HI];](K"9B/3^9`_`!T@S(R3KNJOU77?F M;<5NE6^$^BKTWY9^^VO=/D!WRT16'!I;M?$,MFO4P^ML]@Y^^EQKQ[%]OCSZ M8N^E^8<73*^U%=9AT$[K4)KV81B=)WWHVH>H;T(,8#6WH:?1@^R_U7%P8TD4 M#NW1+VOZ_O06AYDPSIGP9/6&B3#.B2!1YO302RQP\&X6<0<04G!D04'QYNQM0D M757/;OZ++!$U#"SJ;Y`**\0GZ`$-S8?NO?DK-&L=F4I.I^A(\PYE*C M/VYW['YHV$4>'U$I0'2':("[I*-&[Z%^)BG);ML=^7E5+JQI5?Y!5VCP"\YN MB"YR]W4D&()["NZI4%FQ-MMRG7<&C]VS-1H!0I47/(`0O+U/R=VVT!L1J_=EM_7"\OEFZY*\.])8RU65WB0UF<&C]_SF*S8? MI:1QPPA.H(9+H49.X'6:5BLR:^N7BTT]\Z86.,^2:99+W:$V=G]F<']@XH3@ MF'+H!@GN/0\4.YL\CMX]_4QFA"S:V%QD_UFS-\P5KN'IS25TWR>*N'\&`!W& M'@`M`^BXFQX;O3?^7,5_FRSUN%4)..0OO%N>ZZRFJI]TM*V:AV(^PBAB_=$Q MF`([*'"ZDHO`%E)MX77I)9_3;7#[^F]77Z?Y#_O_XE*>A!947AL:KC3O_KU^MOLA/O??4^ M7/CUP1<_[!X@[$UZ\L]D_O8B987?=NS:%]:JR-;O_6[;S@5KE)0MDKQ^>_': MO?@[=FV/6F$]S%/.-OSHL./BXZ-S]!R=W\=VCA^>-[HOI,C*ROJU;.@=^^.* M6/]8%61_#.L#VL_IQ^S3E]G!WORWOM:GO\KUBGIA)_6*>MV)O:_H7LV77M%R ML[W/"-U=USDF]+O'Z^Y?[?K+O['O;C(#KHO9CYLOTK=_OO_:BX;AA'1"[$9Q MPMF&'UZ_>>,[L9[#ZW.C.F'LGC>\+ZMIVP_TP1VR>>]E$PK'_OY]L?FM%YZP MSV+E1]B-.)VPUYR*O<#!AT^X7U'SH;#V7)!'AYWI[4^'` MCPN\REX/EC!PPR&OLM^B@6W'YW25OQ?)?$[ONI8C:!M+WUG_^TO;\>?_7G^< MS^O_K^[J>A.$H>A?\0\LH_2#FNQ%S7S=LO!NG-',Q(P%]B#_?D!'A(1:K/?> MXJM*ZST]]]S36P)?6;Z?K2LO7UP^]Z?)YO+[M/S9+\['8M/.TDQBIMA\F&O%0"Z8AM(\*@#EM`"$ M8^!PEEY-;%@&ADEAQ1@0@/VR<(6/L,I'63$JS\N!T+(E)0+A;,B%\2A**ZBJ MB^M1K$I'R#@F."-P=(`.Q8K:??+F5QXT9QHY7\ET+DA]51&'$CP:^B$99$]W MPL'L'=4&`RE]?6M%K-7#]02P'+)W3X!BDP:9PE.J(&*NH.KO>UX?DOQFL]ZI M*%J^UK.E66^N<98CJL:$BMGRGK=[BZ2)NAV\'?OU_]5DRW)UVA;%\7#<-6&_ M'RLBA"9%=M M;R%BD4KFJ-T=;(OIB/!),PW5?4%26A%$:1E78!NW,.;8N?(R@NJ"!#.OKACA M=C\XBF7-8W_%,J?BTUO66[H*%"4US';!1=AD'D/5&RPY;M:17H[A[G.@.3QV MF2FEQ\7S\GS^S.O;3/X`4$L#!!0````(`"AUL'6TYI*9"4H_7^^(`BR`)=[%` MHXJ2.+_>0%VL`W>A6!![7J9'+&0B,_$AD4A67\<,/3N[/RGT>-FM4+)Z!I% M(`H0"$?W!$4)9?`_H]O;BY/1.`Q'*54\(C"&Y!G.3HZ/6>6TEN\?V7^F((8C M*G04?WR-T:>C99*L/YZ>OKR\G+R\/\%DG;)OIU>`1*Q9[R%Y7`("+V$"4!C3NE,^R78-/QW%:+4.8?'; MDL#YIZ/%-#QF+7WVX?T9L\/OA9Q.;>2ZB9YAG*Q@E,0WT3T@"85CO$3K>#*? MQTM,X/4FFL7C:/8+(`A,0W@3)9`B*;FB*$L0C!G-#;)7Q[4`5E:X!HC\`L)- MAV9IL^C8'C?1(PPV)-61]7)`MI/Y!8Z3+P3'\;>(0!"B7^'L"Z#`;/QV2_^" MS&BE5#9/XHGFV0R'P?!9K4)F9^=)$M(+O!J3>`2 M1C%ZIH"B/.$8!XA""V=_N;:6:[&L+':!HQGE#6?T?V(JAZ\)I+Q+H9A&#E5-I2CD"'%0JSMD(1NZ@@9.I\ M.N)^HT,Q4[SQ[=0+^<=)0M!TD[#@X0E_Q?1#E-#V8&%V$4S(=#2AY]E!C[YN MJPKFQJ1N-D""HC;ZOS7`M6/6O,1IS$9KQNV8XFI5T,\)7HD:%'>W0D6)CZ,: MLU&"1Q;<,9E!\NGH'9M3O4`VJ_ET=)S.L`9#VCW!$1U3\V:9%)*V0*=+4&)%33"@QU:V';;0N>ZN154PUZW#.O?5YU5? M/:RK?B*`)>'2R6DV&VV@1%P@MQ"O@.[DVY@Z]Y*,;:>_3(D-$CE@_4*I9>X^RIG,IL8R\EARV M@T[JDG+F3I(2N;&Y)0;3Z`$^PV@#XZO7(-S,*E/62H#4U-&()M=:D\;5V'N) MXM+57\,T>9^FJ3.;-_31*YPKHBH\G),Q:Q9LJ'?-1VA5Q7JWJ@K>(#QL%\^E MO,"K%8KC=+V#"=R`C*)4;C-AJ3<$$CU-[=`AY.V?YQ_324-R!R*P2!/>3/+S M!B9D17(S\8N\(31HZ&@'!3YCS9GX/DTF&^"QW=A8LQB'/[./)E__4A>E/GE8 M)PR8FM^;X=+N^V"ZW((I)M3@#S!=^.9/T^2%48!%9UJ\RVBLK^P+3/1@HU>#91T9Y3;N`LC3Q'FS#9J_'6I*D?G'WI+ M&-?"GP9^N-]RM1O?/&UEF0;JAFM0:TX0/`H,57&.3A#(X?%;MK-M86'J;<@\ M)U,BM#[4VVPF7I?[W*)1_,6JI5NX-/L,(4NMP-ZT(2]4VF'!* M^0E$E3I*T'`8^.A)A?O;A%NTY!O7JF0*0/]\VM3VEOX]S-Y2Z=;=H;H?1RAJ M[\F<0HO^E25I[C%)<6*^C;,G[CE*G',_B$V,^^S9?;6OMF]P+("A=QDNI=/2 MFLE;:,Y/[6B1U%,\"A(OC7!-0R6TB"XVA,`HV#X1$,4@2`$0S=*_\KXQ^]>KM+,W`Q MH2E"&#T:GYK:1DT!"#19^1?85%8*'V``J>33L'T,2U*FN9Q6+^-3<^NH(6A> M`6G>G'_RISEWTJ5KNY\)_@Y)?$GGRO0?!M`0`C8;GI`%B-"OV9IQH[D[\2@/ MOUCQ\`DN+LP@@),E:_\V"XZ#`&^HH]LI1.._9LPB*U.$,/PR/L%!1PU!S^SI+9K::VI2]@8$[O%40ZJB^"CSE; MEX?,N!LWA1=!MD('1;DR?!"6\ZF%==41AA%"7121.Y!&J^H6+P[V M*(O[H+A81[$Z#B]&@1'"Y"M.8'RY@7_;1,TIEKA`P;HQM5>S],^WT[D%VP;%U1`6#/S"4F<3"'%EP]F_;-#5:AWB+2S.&IKY)#OBXHBH M(;%?N.JDNA!3IES]FX%>@#6BRMQ"BOW)-$0+;KI:4:ILH(VUQ( MWGM"Z`Y$,U84A=L'.(-PE:8YN5LKVED$<]+=.6`#4K^:NH/:PO8WX^E?`CJ/ MP.,GG*V)F"U<65(7IV1,J?V"4S?EA8@R9NOA`5]1MH(_R9?F*$H2_U;RJ6Q4 M*)3>^WH)I\WX2O1YE]IH?/:QO60:*-JM0>I?M%/)?XF3@^*LH(\-)I1;,P_H MY2Y][?0XEJ6911;@LDQODN+DH7SR/BVA'1P)=LNTZ#..F'ID:J79E"88]#QS MGFQ-I>*EGB0ERA/.G!(#QF=2IZ!6IQZ-<=T!EXG+"_Z='999X4C8LJ+/NV,Q MC<^^MJE"$8T&;7/PS\EK/($H.5MN2;U;?C"C]A4JWHJ@E\19"QLAJ@T>'IW]7E3P2">$.VP@%&7*!\ M):A=P-=V5RJCT0LWN/:$.P MP!]>PNS?UAX:.&-2?[FTSJM>__-97F#`I[PEF[QC-/F^_41=S$V7G MPYCW#!+TG.W5X]SQW<"G&V:[BX8Z,7.UG^P!)AL2,?^:3D,GD?@49#L5:$JY MRPGJ4PYZ1;:+]L9=3-6\=+N#0'GV45\07G<>.%UU#[9I//"$QP'U/`1JH]6" M#N9ZR.W&Y?= MW>1V7`X"T4Y,Z!K=MD)YF':RC6N=AE2=(MVNDOB7?A)HE!^!.713$&%7)M1QZ)K"5<,58Z%\ M#+0K@U.Q\/&X!`3F>4E)C"(KS@E&^,4/`J1F1G&-1F7M_BUZ%CUH,B\?GA;O M1-`KW/"6HL('@3<3@_3D^T1U%U@[\\G'\?VU&G%J`OD8?;#(TS;,?D9>+@*] M31`P,2?K5*>K5T@"%.\6SWBI`%EYWJ2?7_X@X&=HEAY'6D'U+J^KYJ;Q[TO0 M_S\D^`)OUA3X]<-XM(-L2#N[9$Q88,N`\"!`9FLHUV@SD".'W0?_(KPGK#.K MT"K<2M,?\(S"Q"`]C;&BNGE7,0T\O-)8H`Q+L].NG//:\D+EBB6_T"&`2LL` MCL$DJI-W4\;@;\&XS6W;I4S[R&UK2^+?>12!1KG0;G+;ALSDN6UM9@.>!"E> MQ:0N_@$&F$(CO4!]=Y+M"6NJUC!P'ZS+TR4N60_Y.DBMU]Y$3P2P_9S"56$# MBMUUI&J*`2^,[@,DV,90]5NH'8J57X.J%J?(5?BT(M`67'!ED1*H"CHA7(5T M/P)H]8RV9^@*A2I6PYVL+8@N=&X(4UXPO'O^HW[#,/?EM,Y\A'#5YO,CP-?. MJ'N&L[:0A7_^X)%_+L0LE;AZ7;,3%9]A!.>M<_R:I?-V4)8^/`B;&:A7H"I% M\>^&XG;?2F_(V"FHYXIE1$*_RR3R<&&P[>*S_`58P,J3L5.T,UG,>7U,D__9;[31F^8KL!K([ MF"S9?K/RJ?7V?$F?IO9DKI+F\.!J8ZR^)TLZ`CF]=8.;_V3;Y,ILV1.69#\U M2I;O'4A*'AZX]`W3*Z2D8A1`\F@1,]W?_AFDEQ*NV+PNM4L#=/)"Q3LP@D*' M!S4M<_2*,I$$_EU.)UQHDCY&KTVB6F3TY/GYO:\N:KX5MK=E1>[#]QZY0:[@ M[-+9>)?^XK[R!78ZF<'O9=JPEEG]/W+<[Y]5J'>(M MA`\P?6[-9):E)A6Z;NJ4,:Y/8F>>VU/%[#;-O2F=W=6R[_[[3O[N;\3]O(I M?HGV,CCKU>9JA%;5]F-W;YUKO%AE2*0]]-:@\/!BG;0!MG0=U M8X;M)SVK)O4S>A7)CYOY^*2:1+&=:^6X!&'.PA4_=5_3Y7<@\+2SGWL4:\OA M=)HZ'-K98.<2[5Q^'=#>X'?P:)?9;Y]H;\CA3\J\#,H&C\G2R]%VXJ`X"'&\ M(:VK'E3EBMXA+C?@GISRZ)A:4;W"Y;X;>6$?5+Z)QO,Y"A'M'G02,8W1#`'" M>DTUB]Y"^TOK"8"[3;(!X?4FFFG@S9(Z-Z$QM>_8ZF8.`T095^3R M"*JA!S,"5%] M\)=+^/8S7G<=;E_5F]TZI-P! M@@UW3]1W`HG8-\S:^U*9FVPS_S2P>D@QIBON%M:G\QQ"MA;01Y-!#?[L&*MY MENHEQI/Y/%Y2+Y-Z?ZK6+X`@-DX4-WY=14DZ3#":&^3'?C/NYC+N3C+ONO`X MN0"$;.F\-06+5O<5T$B[;HMFZ&ZK[J-R-3G]4]P96ZS\\_"5Q[O8,:/L4:\X M?XN>:11"VA.CQ80LZ#C_:_T"B1PNG7CD=K7DX1.<7)A!`"]+UOY=VWT'R'?J MNZ>2@T*R(KF5^$5\PH*&$H*FYE/ZMQ%!/)/+WKNHS.S2IR[U#\0IZ)4Y!"&] M3P#IJKX`/19L>T\S"V,^V=J6Y)T-23F?6EA7'4%+2LA[WV60'E/.1,FN#$BO MW@VR![S%C[R:DE4/OVN1^=2\ELH*6EN?FW^7Q;;ON/\*$W9O,]_OZY7>720E M+^T3),Q4$WEP%1.7&];<`*!R_2N-1=/M44L<4BGS0:>!`-WBN9W4Q9TMO61O MBN2WH=#*TEXIONI8NWSE)6%%^>'@K-TJV%SQ&M15%15O`BLJ\"\BYJ:LMAQZB&3O7660#QBO6Q;,^3Y6KZ-5^O-(QU[Q%G'%]&X#MQXC&L'8F!F]B/_"! M]VL4@2A`(+R)XH1LTL#UD1K@*T[^`9/[#0F6[%VQ<5)FJ!M`MV=0/$]CP>!M MP+>S:8R1:E.C?\G-\N;O3+%ZYRKC['MV1)^V>)(]L,@ZZ!/6>\VFOPJ*[8,] M5/`V,-^[:8W[1!\2^7_ZI[8^-EVF@3NW3(L'9QTQ?1NX[<6$QKAV)84B.;+' MG0Y7@$14-'9U?OJJ[M!;%OZ>6H.&;,^0@`7\NEE-(9G,+U&X80\*,A'9W?9Q M`B)F]49'LZ3.X6!,/9B7$DC:$O$SB%&@9R,YK=Q"(MKA7(LM$'`W^]0]XN[Y[GNP987'A(!HD=)QWVESPK#Z>EM' MAF\2U\XMV17L+@2RO4@X_\#^,Z7,Z2__`5!+`P04````"``G,&5'*R_Q&&UL550)``/Z-CM6^C8[5G5X M"P`!!"4.```$.0$``.U]6W?D-I+F^YZS_Z&VYG7K;G>/^[1WCBXE6STJI4:2 M/>M]Z4-E(C/99A(RR525_.L7X"63EP`0``$2F>*+K4H&`A&(#T#@$H&__\>W M3?3JB21I2.,?7W]X^_[U*Q+/Z2*,5S^^WJ9O@G0>AJ__X__\S__Q]__UYLU/ M)"9)D)'%JX?G5Y_/?SJY7881(TU?W=S.V)_DU:>W?WG[_NW[5V?T\3D)5^OL MU8@I2\8D+'Z=^^I>&/K]=9]OBW=^^^ M?OWZ]NNGMS19O?OX_OV'=__WR]7=?$TVP9LP3C-6&WG]BM'_+7NW*KX(%$4?AV3C?O^+=W=]N'E/RQ)7'V^8G])STG61!&*:LRYY,]/Y(? M7Z?AYC$BU6_KA"Q_?+UZB-YP0+S_X=-[WES_)N3TSD2NGRA=?`VCZ"1>7"X8 MNW`9!@\1N8Q9BZQ"]M=)FI(^XNI68*3%74;GOZ]IM&"]\_,?VS![[M&^8EY& MLIV3A\Q]0E_%-D&1L]$[7X6,Z6R[3-4W(Q39>I`S$OP9)!6#"!M[L,X-T%I*4 ME[D,^VAB5X`16V'L1NC7!A=!F/P:1-L>':7+HJ,O\$B**IND-34,^C]LPC@MQ++80=YV" MY'FV/*-I]E/":MO7_5/`9OO6;UP>PE&ULYL5"+L2R6)+?0E2UG^N2<8=RY,D M85,RR4W)K?8U>.PU,O>KT**6NS;D#9JW-OM_T<*S)?.CSTD2/C$GEY7]F40+ MVSJ;5F^Q!6[)O.R;A3.?SK89JWL^WVZV$5^DS+(U2<[HYC$A:Q*G3)9B9CVA M\Y"-L;3XE^V6L2V6DU&6_?K(1&.3S^*6K$*.7[+8?^;2!7'8SXFQ+('-L73_ M%W.)KVGV&\ENMLE\S99BUGL*KC)75M[]ZM22W5HLK7CN^6QK9\%3L3)>[QC+ M4B]L9;5C+(F(T3A^M;$:UFKNYTL;R]_A8+'W6VA4B)U9?PY7<3X/QAF;_^@V MW^J[H5$XYZN:\O\FG1O'UTSFUDZ4ASD^U9R7@.B-D`R!8*9WRM%(4+OH"\R]A_^27,$CFE9#EGW4Y=S=$PCA[MP@W[TJ:=T&$Z!2".RG5 M51-^5>;[7-R=B6FFR!$V-I$X)*U#7ES M5F\V9/-`$IO"-OE:D'3-A$KFVP?R9M<0%N4%N=>E9B`)XWP:NV+_;%1,OF6$ M#2J[T8B+:S@RY!56549TWJ@GXI?;:`)JF&N7DOG;%7UZMR`AT_+#=_P//HY\ M]^;]A_+^VK^QG_[9J9>I1"[9"+A;'45N23O<2IM^ M'-"F9]N$^\$78\_8_HUOB-!2F.RN$S3[;ZY&MU70=OHQD):KRVNHZ=NMQ9R+6W_W>"V M_Y5&VS@+DN>+,"()[%$(:!JV[M`<@(WE>NG:ML.MM.GWPT_#Q1!S2QYIPC>_ M^7IY"YM63MJY__@OW2GI`55&5C"*F\MCE.-[RAA?RJK8_WHYGWAB0A7:@-#-"!)F[0 M'9"1Q?J9FKG!L3+TD)M^&MQBE-*UNUJ+QVH@8 MO?0[7HM;9=3!]Y:J:^N0Q]O^5G=N]]]<&J]VA*[MO0JDUW14]UPJ$^5;1=F' MO\TCFI+%CZ^SA-_UY#_0."/?LL]1?NWAQ]MMS&:0/>>MLTS>K('CD M1OW^'8FRM/HEO]A0LV[Y\S]W=S#RP-S9,G>W3[Z%;:='25>VG83.)0HDQ]0U M5'3L3?&*=4!1,>,XD#"Q>(AG;N6Z6.>-&Q+5X8^0H#KV`0B@!.AVK7?W[TQ[+-VT6]3-M1JX=Q.2^+Y[0]S)OO@.0"GGQI M>">5>84$E7$!@I%<*4EWI`A-ZO;LLLH-";#PHY?N!3M5F?%49<;30S$CK(F6 M&4];9JSUQK^_:ZG-_++?75P"_9!) M)O1WDIR3@%^?X<'Q$0F2,%[-DE40AW\667Q:V#$L73:F=FDOD=2O#=2`TN;? M\R)C)YR&_?#/6I1Y*0^K_YPL29*0!?NYAOH61`Q*EDVC5=)+:)CKKH:%%F^+ M]QM[K*>"QS`+HBL2I&3V$(4K<$A14%4K*Q&5ESC`Z:2VN9"/Q;N.YO;]O'F, MZ#,AMR1/\%8#8'E7CP'TFL;SXA_M8PFCPM6YA69A+T'2JP74V-%E;_$>I3FD M=@N]RYAY3?GQ&I0_[B3KY/4H867.H&Q8$P9>PJMW2Z@A9E)%STN>H+/R)8@7 MG#2,GF_)@I`-GQTYMFF8J2']FITZ#&W>'FT MQR;(?)YL=6P,=(8L6@9S[?\ MT)ZU1)_W(USKLY\6E&N!&O%:#&Q>RK2RMR_>OA?OT'MJKC[[7]#^EI5+EN9& MNB>;1YH$R7.QTW\6),DS?PMAP[,@7L;S:+O(<-G61(^;#/N!=]3W.K$ M705EL[NHP$OD.6])-8!=B-"XR3KJQ1E%RN;:#1I5XE69B0G?HH3_\13?#EIL:'\ MD3V6Q[WY>9.4]WYRM:!S<`E%=1D/HO`2,FI=$)?J(!Z5,7V('A):4O2Y$7+B MO0T56N!6Q$T&E?7&W:@]610!"4%T$X2+R[B\LE43MWU*>!&7OR=\3;+9\C[XUKUK8E)Z?^E$K[27\.G7!JAK*'K\*V"-NQ][ MGY`@W2;/0D="3%`=!@$$7B)`J0GB,`9@4=EQW#U&Y:ZBP52G8' M/XZ[.\@?6>-G-^Q_7+"G(,I/<[+JW`_T]77*["(C4&6\!(")OIBH"137"B8C M;RH&R>\DWW3H/A&YNZ,L)MG=189(O+0Y0AO,W6*(214(-^Y&X\E3$$96AJK%R9(4LBILMRXFWVW9$[8C,3C>R]8RQ01OJE>$'8O'KO-`R,>7L+' M1GM@MAB,:JE@-_(N9?$R<[I7@BU?NWL+8IK]#@)$XR4L,/J@=@,@+I59Q]UD MK,6$[^7K3!H2FF[D?9W&2[-B]-&*IJ]SJ6\70(&U;C+UG5LH()4"&/[9S<(V1`EFU.R:1 M&[,SUBQ>6>K?IZ3'OB4]%EC:,.MQD]N4]GA*>WQ`=IW2'D]IC_W.ESNE/9[2 M'A]0VF-)ZMQF:M_1G;R.$WR0>72GI*P:2QQ_DK):/<^Y".8D/V2FR_]'$GI& MMX\T;F4:8!)OD\Y1KT')*F^93DDOP6"N.R)3F0YO+YRK*;S6ZY'K.,-KQSVD MFN(I!XZG'/?PJAF2PYS169)KLL@'ZAN2Y*\)MTRO5P@,=1(7\A(21AKK!D2) MV7J1:;@I;/'*],DV6],D_'._4@(A(B(&H=$E/@!(*#34A4*7G1>9@6LA/LBA M0J-$-Y;NP`8)?5VU(NZ4P\.XQW^=%^B%8P."LHN%`QD5\+IIV5XX'HQ\O;XM MX66:;M7V;E*);%U1'8:=09T,;%SQZ9E?UY%]9]LLS8*8+W%41@9(199ND!Z& MN<7:&=B\PDA:^OJ3'D> M/5C7'D>>QW''_W8JU7,RYRM]PN-/^9-JFT#5=G*_5AY"3>+K:/&8+_*7#P.KI9H M[_,PQ6;+N@MT05B_22ZV)VIY85*T M`I1643_18ZX]`BI:S+VXZB3+.BI.676R^->V2'TDR!UKFVT]\805MEZ"TU&K M(5->6*G8BSM:MV3.=^;"93C/1V0^2",R[9:)UVY($M*%`-@N6._39%ED[27` M';8>*JF6QD,>*" M$Y*M%W?<9$,\&]E)N(H+I,^?[Y,@3H-Y;K9XD?\KRGM,KVF_?R4()Z!/)5Y" M=Y`6[><@]!'#CUN`Y^%3N"#Q(JU=6>09G5OH5I&5K2DF\Q)A2*W4&!$S\N-Z MX!Y_Z3T5/.Z27VA\"/*3U,TC0WJ.W%ORQS9,PXSYOLE3.">%+\#\";HJF@3* MKSY4=;N7>UQ7YR5Z!VYES*M!K@5J7.$<]^B[N,5_ON6Y:`MQ2P#W;0?D,;5>#17$QHW1[KZ;T@MT<`+XU*:LB4$-!Z$`TC-2'':@7:& M&'.S"Q@>MKD[=^G'-;@T2L#(XKA@`2V;>Q,S`!^)@M?.,:32^PXC7T67]V;A M?0;EO720K_B^@H>Q!KF#*0DU`+YW(ZM]MZY*%91)`29>=&/!]@9H4Q2M_!5J MWVVMHR+*[@J&7B12:Q]Y@<:7$PG>F/;=W"BE4'86N1?YU!K[22!2)!30'IWOUE>K@[(SR,:+.X/%Y7_0E-"G*OM= MXY.OQI,H@+):LWS/VW#@U5\>"D0V^>-PH*;ST<@Z?H_S5(0MYOJY[ZF36U M0[UKSS\ZJJ%:-[03AUJNYIP\9*[`WPFE=E313Y0NOH91Q&!PR3I_QGI<"84@ M7H7LK^8#BM9'G,TF+"#*7_&E>1\GL<,>?K=]2,D?6[Y3_,2K'6/P&F40RP^] MG`]E3FOI/:`YE:X]Z#BMC`\]3BOH#D`#F;:.6?C7<[X[%*6CY6S9@?TTB()X M3N[6A&0_)73[R,Q_43WYM$]?%137B:X$&5YLL=N]1=.7W7@I-X+D=Y+G!JG% M5,&O4&!(J^0:4M*1%FK6C$ZUVJ*^D.LK0IZB0UJU%V=K]TG`@TZ5B%+2[;;> MA'1'@"5L*]@&DJ1>/T[VQ$&?,)SP!:IM?D2!(P"8=KO81AI&`!=Y6V!?AE\A M;2%'35BVC(SP")"";@?;")%5[,4))#3K(OPCA%]T%,!!Z#Z$'^3)<:-DO-OP MI'Q_%O?8\=,75$H]AS5+'0'*S%IHP-FL*847!Z5B:='P0R/NR$$V&JX\26G2 M63``@YB41K2<.YH!"J.]\V5<8_`9-S=(1S856E1(.4Z4#(V0WNE`P-76W7Q- M%EN>F1-RS<#H.'R)*GH*4V+0.#J;P-!O#]M004G02)@Q9#1?2N9O5_2)&86O M%ODP]*G\FZ/Q4VT`*GZM;0``47OPQ\Y"WX>X/`U<4(5BC0@>-=_FXMQZC%X/ MBX)A6J+/':N.'XLGL!)5*E&W8)-)TU@.8NQ$NI_(69INE>-_2JT"W+\&_:'+/:DEG2WZ% MX21>%)<+:OL6WIKU%/%V\K'F6WVSX'"_$751&4@VH((G_ MUD.HICNL@AR[=[8'2TX"G]_5_J+1XIIFOY'L9IO,U_RYA"D4]DA#86OX[5J] M5$<0>692M+L>0Q0]@MN//=K*7=011I2>SKWB1H98`FPTK15>&J@\[JAZR?O3F1F3CUT?^5%E"%K=D%:;\M9?%_C-_I"Z( MP^G%D*.])CF]&#*]&.)JMT*)J.G%D.G%D.G%D.G%D.G%$$^0@FZ'Z<60<'HQ M1.$/C>`'32^&3"^&3"^&3"^&3"^&#+*LFUX,F5X,F5X,F5X,F<)L7F*8S?1B MB/>W7J8X&Y%5?;JJ,L793'$VP\?9H,Y]U3$X!FR@O50M-J-?+U#$[IBWB59< MCU8U7AP,3C$_4\S/2+B:8GZFF!_O83;%_$PQ/U/,S\N)^9E>+YE>+QD]\F,* M%^LNXJ9PL2E<#(6,*5P,CXLI7.QHP\6FUTNFUTNF,,)XX##"Z?62Z?62*>+3 MWXC/Z?62Z?62OK&ZMV3.Y0Z7(0,*OZ\SVV:SYJ61,5@ MM@X?3Y^+$6IW,?&*%B/=Z3/$[#9,?X?ND@Y?,:8S6ZYXT)NM?;K"P#;HVZ?< MBUM?L0UY9=9N3^8*`<<%&%));]F3CGI8,`)Z!7U&T'9HE%L55M13]D)Z-O&< ML:[$8\KYL1VX38TA[<`5(AWOX`*%&JJEJ@I=%?LF'B"VQX2'SO:]%XB`#BQL M0$)Z6-$'%-X<5%S0A(2K^/.W^3J(5SM)P>T4%&V5`DI.._IJ1M+]J9ZF,"2Z M_#DD%'R]&"B*^QQ2(,A(RE:!23PW.T(O'6O#[+SH]@+7![SZHJ3[W@CN'D!]:P,"0ELTD)QWMK!#3_ZF6H@@\[+T;.5\O M!HK:@=KN[*VS4=M9]$IH.VM>D-8#?7=B\6O:U8_YM7VAVNHB'>UE149W]65F MI$:*PVX:4$]S]2_C[UDWR:7:R?M3DI\0!`]AQ-8Q0N!@"G6@(R]T..#14-X0 M/O(:O)AV]Q<;:GK5LZY`*Y+ZFGFWKCDG:;B*T,Y@XJ&NG04@'I MP9I6JQNXE*I^$_$PCB"[J@`;-G*BT@@BHE&W:0:`($6V#YA'RKI8'.$B<;SP M#+K"@8ML%9D0=./OMBC0`.)%N<<",X6M[=7.2D][=S881K8[`5XE\@V&LZ_%`OD M+?1`GT--*('?^'ZF$A<"["A]31%CD>V]\C=I!@%O MO,\RJ1"/[")L=&/C%IRR1T%6I>H1DHWD9"!Z-45KIS)[+?F.D*$7/;\2[R9X M5EH8/N:9!G/"IDD_#9[?@&(O]7T-7CL\4`VG(Q%5=^5X%J/ M?L%=IEE\P?'RF"R7:2%AZ[Z`Z$E8?($JOPFBP&BY+[5-2PU:H)G^$EMEG@T% M4947SC@D:'7'1/R\L&8I":#`4@>/*G5;V(466)\7RP#%73CU%3-<,=S]Q/&O MF9E!S+`US#&&K]"+Q096W),-7RX7'>ADQ;/P9&@>V`IIO'B'&QS^A2@&:#JH;-`<*,K$>MI`38-[SP>VP=4.6%7S"G"! M3;:@%\"3:25PV]PPE\&H!_/#QY^MEK4,W!YB]7S&&T3\[CG.6M`K9FC3+E?= M[\:7.R@(FK:'.;HT:O3BT6Y@GM_C_#98##=G0;HN.H1R"-7@(1PI M43P."HTVVLGFN(>JW8N'PO5<5/'`W6L]HV9KM*21L3U0>%MMS:$6-C*!>KZ' M/H6S^@Q,56RK5="U`EW?>X\HB_M#>'X:6'Q!^T+:[><6Q;C]H`]>!7.+]X*: MG^$`[4-;_BBTLP&/BG%E;:MOCK2KL;_G8XFO`"XO;Z?';GO:`VC__9T/ILXC"57&[BJWOLVT2(S9R M#'C`8R"6QT&!T$8[61O;L+57,#4]FAEZR6%K%T>+I?;"XZ7LWIBTXA#+#\2N MS0>K1S-*1:!$/7J%L%$* MT)H4I12<4JO.L&G=.J-#MJWD,8H1K"M_A$+'O,AG)S`&]B;*EX\T<,A7YT,5 MV57[,'I"2*#O48GLL,'V3/+8K%KA;B\<.<#G;KO9!,GS;'E&TRS?0_HE3D@0 MA7^2XNG*UF_%,Y8G\6+GOUZ._7[EW7Q-%MN(.=(G3TP0/LGQ&2^(R%[-CO-6 M@=*D;(5;O;*V_'1Q9<8F%.PF#U!3%=WMLJ:1QA0S:-$AF[T^>FF)F\>CNQ33 M"V]%K"%;HB<9UX&KBNXU8"EE#VB5.AXTRYK#$3);57KA,$FDW3]V#72G4[*D M";D/ON'QI\=/C4PLOR/"K%$3ND(S5A@OXK9,],C?0K*(H8IR[&.#)MB%ZP MTJBT'CQU&`1#QA9FQ<.6M8&X>R*C66IW`H@L->J9C3[& MJ&F#Z,)R=Y2#KLZ+%35"6O!00+L<'F?C'PWI(@8',N4!$K):),B\.F9R#K/. MP8U_0(-.J5PB37J6Y0)KWIQXG='-AL9W&9W_#AY\";^7#05\'^V"E>ZP0M7J M:>)@?VX&,.XYNH#G*6>Y:_8Y7EQLXT4*6U!"4AD1)#DH.ZJ5-#^'9$25>L86!!A[EZRR]C[M612D:;@,^5LK;2_Z,FYN M(-W0-)=I.L=V=8YM*7MAMB8)FQ0>$[+F7@Y/H M)&'*L^BQ?\:K&Y*$='%-LMFRNZ_LNIHJ/Z*S:@YM2W"@!N^U\^-.1A!8]A%D2S&+TG;5"R;%ZMDH<&4?-FZ84ZK6J]6`O=)'1.R"*]8.W-!60^ MQ1=^=Y%Y%3*M6RCLR:5L>F,NAX9..\W5"ZG&(GA^-)V?-][6+S&A#_'$197' M>E#10P-ECX9Q=/0'U>OYB3%_5B",MW2;PDN6/C;/=M5FLNM/UONJ#Z(.HJS MBMK]QD%%!]N-7#>ZG5[E0$H7*5;WNV#EDO1R\\BZ-_^A6'NVH(^F+QL307]H M0-1M@EYX0E3F10+5?,OC?AW$]V3S2),@>=X+6ES=K^VWBCL)M+MFCVM],\T& MUT-#KIOF[+]59D.DG@E:M8.GY"Z25J2'#K/>#O6QQ848--Y(;G,CBF3<'*KF M2IRL5@E9!1DI.J@'SL28'\=(\_$_X4$_`!Y,8MO>1OR6\2G01JF MO\3T(27)$_?:+^/';<8^TW@>1F%0M@88*^"(>_4T@VWNH\W`=C0Y"Z(YSUW" M_KRE4<367%^#I'T&/T155NTCJFJD41G' M-<\KG"WW1\?\IO$5>2+1AWN:__]3JT^9%=Y%,^@5/C[<]VH^QTC6E]JPQO[XNHQC$PPU/5B3WHO8#HMJ M5;%]E_$\VK)5Q67\.4AB1M*Y3CQLI?:[J+32J>-:,=?A=&>I3CTC:.!'!.W+ M?DVSKOCN>ZVT6G?]5E#MU',MF>SP^JY`*R^B?)P.5:+(?4XUY*R-D6.(B5PN MQS1"N#+JX0T96#5[!C'9&4/V>3=JT06M_BVE*8%8C@1?23 MQ?YTLTWFZZ![M=YE%?9GDEH5Q]<9!C#%X8S_-0UZAF!YUQ7Y=4>'W;#!WGX7 M+-E/W4_3!(?3]4KIO8@HLZC6?1+$Z9(DZ35IQU`ZKL5^)VS6,O5%,X,<3I=L M*N%';)N=%H-"@1QPMGKO9(QP(N\OEZA"DKR]2](*:_IP.&%-._U/G_,6R/,- M`X%,2KIV[^C2C1JLY`*@%-\L]E&\"W&2B.!%M(D==>O*@<$IKJNQ.OI#U8P7 M8:4&L;417MF^8$=IRV5OX(;DF7I-_VHZX4X'WV^@@+%1.XXTHFR4KF,AY`R\ M1<%6+CR]6"W@"0Y>4=*5#26A.^AEL&1PI?C6L>^J=.7B*)3(X\4(7*3_*H0$ MX28F:"1S:Q(<,<"4[3$4LB!!_+HY72A]$B^NPN"!*<.#R8`F8`37-$X:+=)9 M?L,SN1W>\.3=E[>M>>&:9N&<%+DF[^DM61"RJ1W`7L9Y/%ZKG?0*E0V`+>1' M[[9D>VK86))NWD\RWK>Q$GDQA>AJ7VS6PAG0K?`R[,\M7L>&XU)?-BW"' MKM@F.#8![PM%K'G]2Y#\3C)^;%;+(0MO M:F!(=WE\9:3'!FN-AG$*4;D8[WB[I'&*65"WY)5F&8DX:&TU7<> M31O$8G19X`2-P[JZ+C6IH'I5._0QZM'G)W.)BU&G3\E8,4RJ9GK;@5P4_TB20QGRAF#U&XRB,/37Q^73XBKQ[/Y]C0 M;*M)A_7,\4)6$3I6SW([\NAY&*;%1>A]ZA,<&$72C#+2+U)6B`HWI&:$_6440*53[\[683<2#]*GCY1_`-K17 MN0@D0E?=Z/NATZ:F9/YV19^8Z7D?YSWN4_DW[VN?:GVM^+4VH`,I4N&/G8'; MOV2H%@!'%>K;AN(N^VF[5HMY7WJ@`\RU*/K<0IV;C)I&LM! MKDW7YNKD6QS-8%`J2KS%I'DCU39SE>2QX6>A#NO`I'Q]V4!^MA:;D;QP8;]L M.]+F;0+C9)]VS[P:+Y)U?0G^19-[5DLZ6YZ3AXQ-.SRX,GNN!=UT)WW-4KLX M*F2IXW,3S!K,F?^`%L>+Y%D(:<&Y3+L<'J?C.RNZB,*!4.G>(*M%@LRKY./. M8=;Q0?P#&N1DN42:U"US@34+CIRE;!;[(R?0I1-^K[)3=+^/Y(3I#RM4K9XF M#O;^&,"XY^@".NZU(QG0?,+O5=?O?C\D\ZG4,S8?P-C%NJL9,@-W0`E)U0=! MDD.R(T))\YX(\O8B#>8O=_=)[C(_,PWV%U5`'*!HR[92T!X2,G34-H:(HI*> M&2EM3=1L"9]D(5LZ<7UJI_+PM(VBWDWB"NI#0HR>ZCTF>$4U7F2)O&&\2,*6 MY&(/3T92-A),CWVY/Z_1Y]^?/ M(4E8$Z^?K\@3B>1O,B(*=1]HE!8ZOIU'H^9RMO&(E<8++W$G8>T9XK0KMOR) M.9VRDN>N)66]>$(1@RW!\]389A&\]":I6?26M*1&+W8B!P.>^,%"KZ"G>(70 M!?:P[PS:1)\W>Y,[`8M'UG.-/H`^+(*RC2R(J!J M_!JI:A)^1"/E(QHI'X\)*;#:UI'RL844_\:43VBD?$(CY=,Q(056VSI2/K60 MXHG;??I<4^HB(7]L23Q_EB\)526ZZT%QB:->#"(;:HB5H%@4+S:`H2ZVDQ/M M@PM*2/SN3@DO%GI*W`@\;;G^`N]:5)G(M>Y4XI>39!-`J*7;6!!2+-@L80B[ M1NN)(O^69?6Y?C?:RGTI1!'9%D"GB$?>E6AD$2WYY>JKG*M6;<)%?J>6[E#T M]W>MQKMB_RR^`!\:S4J^921>D$4E?*-A5]SV4?AV3C?O\@9MY(2Z"9(L)DFZ M#A_3V7*9KFE"\A-Z-EW_&B1A\>@XO[R<9I_C+)_<>9G+<\=&W5?K[L+7+33YY/YG&Z97-RUR=9T M@7D"1Y\+-"[HL- M5P;E&")Y2-U%)0__,6FC<301:5AESUM^X,!W7MXG.PO8RHW';A827<:_ANTT M(1C2LCWDI/YC0D-53=/+.?=\41E.N4:S(&+7EP?G!Y8]2)%WU!K:KVL?*Z7V;)$?..^.UQ#)DITZNG[HJIT"#DGL@/^`T%;;<+B0\>_[ MXJD=C_!NOB:+;41F2]$!+Y0)5;-4V8CH4H-F,=6`C9G:FMA!5])XD'/(+*$V MEN4\0%&:,K1-T'%4]P2C7L;4Q01%*%E'#))_TV'=\_7BEEM3L#,V%JYH$OZ9 MO_NA2%JH*@#"`B[@0_;0CL$[<$`H"^<=K%AWD0"S/%9D2-*2CHX->:)2,W`@ MTY?JP<-54M,;YOLD]W3O%HOLK";,JCP(8L+14X\J.S35T%1L5ZB*(@N"F+6+ MFT!GRZ4@]4GG0ZE3_<-!6$NHB;YUZJR<]+7:EA7>0X#2F^@[6,AKFK$% MV"9(GD])S)IF'K(_08_.N+STSJFT_$C>H-&0)[Q\BF^A.C1U9!#?0I76[<5@ M"7>1%7C#&%TD*9E[=E1 MF%FFJ0W[SD##CKMS<4LB?J.!;XH]WR=!G`9SKA1S[^I?@/T*_8)E2^H4/+2] M">-&,=R1T*G/B[Q/=;'`U9V8`(#/^#L'!@:G""7K<,!7T4:$5RM^`\MWUJ4C MVAY:H]LROG3]W=?\WJRM3YJA[+#3(2>J[K0*B$9R.R2]F2(U$AE\[T.(V+@X M_>VD'8!MI2(K=1.3>6DOI%9JBXD9=;OC@64)"J5Q`LO\C)F0QFYRYCP?!`3IB614NVN M$PJH_,<83D'M,#D!4R_BQ<+_3.: MYD/)YV^/;`G5,9OH-*6]J4V M,45UJ0VB\-^^:L4T30PR].)ANVL:TZ9P)0Q;ME;2E0TCH?/?[E@E-:TO8=LS M*8Y-3XN#\H*U&',:F:!;'B%=",UWH,B2+1@+NOO@&TD_?V,.`Q,^C(/D.5>4 M*FX0R80!'J?LAJP*A]A_\-ZE0#4TKUOGT3+1C MR0DBV7Y<.LFR)'S89ER)>XJ:UHS+5TZ3?GG_T=*W472=+/WJ^F8$<@`^&;!D MH#DX0%@T=O\$/I9./8L]57B?$OY8G7*V/OIO2ZDZNAEX6KSZ9MFQ8\WZQGB\ MR)\D7].(29862>,$=M8M5C89OIC_V#!L`DW4X&OQ(VG/3?#,-4KOZ6E"?R?) M.0DB)BR3_2PB`4\R-$M605Q&0G8\2+/2E9NI6]I_D/5K$%V'5;>R1IJ?\1Z8 M8BOF>!X&T67,^L(VOPIPQ_K(-/5/4DVY^0AXR-E\!AF071%&%1G#U&X`N\Q<+6@-%VP?,STB0W)&+9WWDEP%D% MI7E<5.`_DITWJ^Z+!P[DJ7K(N+O.-JY^71,7MP1K7"U>$,RY^M\!W#3@"-<" M.H MN=-X")C35-GRSN(>)R,GU@G2=>[`IVLNV%,0\8V!DZP:TJ$=':TRU0U-7!G_ M86.BO.Y=3EP5%8#&/>+X$B2_DWQ(O..OFT,[.#*2LH5@$O_1@%!-T_@PQ\K6 MXQX_G#P%8<1%NZ#)75"7L!C4]O\^VR8)Z3RS:5R^VMK3+^\_A/HVBN[6GWYU M%?A,#R*FAZS4]]Q&>LCJX[@7QV_)G+#YC1^+\9NJV8O'+OS'B(?_ MP++1.-J!14955H`<][RA?.LZW2MQ33*^TH/G,QSU_F!*3NT_G/04UC^4DC.O M(&)ZF`"GW>8G7\66U6Z]O[LA7,-RR_2ZQ:I8)G0Q_\%@V`2Z44_H6BIXC+N3 M#KXB#3ZW?#BO1MMX+;KU2O3'D3>!I]?/-'9G?7S][-/[Z?6SPTIV-[U^-KU^ M)H3#]/K9]/J9%CBFU\^FU\^FU\^FU\^FU\]J?6IZ_6QZ_6QZ_6QZ_6R/+`L- M-;U^YNBUJ;93X.-;4]/K9QXL%Z?7SZ;7SYH"3`_\O/@'?FI#TH#IP'<)M:J4 MWI4(=BOZ'"1Q&*_2&Y+\X^!"LY$#`%06#("QX*4#34 M-P*.G+\7N;_%`G]>+LD\"Y^(`98D995P`LL>(J+4C=`;5&`5/?<9P?4)$X&Q MW[)Z;\ECE:_D(I@3*$8)1[P'@I38:\OCU<2;6LJS9\IQO&UY7K[+^)Q&49`` MCC"R@,S&K0('9F>9NGULW>+;,[VXR-Z`<\-&D)`NI",\3"IU'"M2KZV+5;&7 M\UAQ]"+%=5-$/KX4Z0.DYN^2@::ODQV*V86J&9F\SJUG7FOXE'TWV=\D83P/ M'X.HJ.Z>GI(9%1G]68\_`6%C49!(L:PJI[9MN'Y M('P*%R1>I.=DSF8=LBC?2+RGEVFZ#>(YDX=KTAX<-(M5@P6ZF+\X,50=.YB@ MN??-?RVZPY,[FWDEI8/2O<4C)-G?XP%(_#4I0B5LSP8Y]5M5,=G M;0'2P@B*MFP%!:V_UM=1$FEJ!4L_4EHWY6_M."!6!-(2X.)`4,)?:.@K;+1D M$##V(PWU3ZS]4KXQ0=)9_/D;?P5M&Z9K+C?H&:+IRQ9#T/L+$%UED?!`L'62 M(?I+\"W<;#<%`(N:^,N6>7H2OC3A+BA9_!(O^.4`$BUOR2KD1Z)9[<+D+O50 M?U99E:*H#RM_P6.QB9"XZE=CW\34<%+R(G-E+3=.0ZIJT8/"G!5>58QX/U[^ MHLYF(R%AU[-*/U)9UR^"2"[02"[.^(P*B0H&%V5\2:Y4V8'# M,BMA*PNR:BA1C)+4Y128B3L0H1@+E[<:FR+!@97R(D$QAT_@$=J M/,"XRE`@W_*;X:K./R34Z2LS03QZPYKJ%8"+FJP]_9UM@VBDWAQD]!_D3ES MV'.;=J0J'V:^H,EM&N2"\Y<39OF5O500/^^$=W4,;9?W2...2_!1MP:`1ZXX'U^2B[[5K MFKI?/^,<6@]L*^,BW8GU>?K^*W7M:-:J<.5EYE5,_UJA1\_4/P/U-??;)O?N]TSNIPV3'N8XR#Y6 MVRJQFFW)NJ1WX3?7/:Q6A:L>EE&ZK]7K<-75BCJFGF9JD$/L:(4:3G*S69?U M@FZ=[O*WZW#5SXHZIGYF:I!#[&>%&DZ2V=F7-7QR/I_5ZW#6S_(ZIGYF:I"# M[&>Y&GV3"PYT12M ML$8=#[9OC>/%V(_0M;".KE4S6N_)*)W1SG!?7:?>C:RQ$WA_3/T;2F1PM!U< MFD+AZ+JXA>0-8">_"),T*^N%4S`(":K,"P#!2-LS0TXK%-$T=40.(%N>TP&0 MR4U..[967,B`(Z'89;`#*%X&=-2-,P)V0*%<##KWZS"18D=,4+8.1/`RD*-L MFA&``\GD(I*6'VUF:^EL)::HIBN(XF5`1]TX8TQ8D%`]`T)=)M4X29(@7N7[ MHZ?/>Y*;X)G_E)]E=':CI0DX3!A*DW7H,1RM>9G(&QKGN5?.@LK"DU9K&Y^:*V&GYB$&5G\2M+L9,EF MHSR4C*_S.P.Y3IEJK,:5.0JXF+2/?00AI7#AJ-9A6]:=U\N='06@Y/1=,(GH MCPU(J'9Q"B*1!"ZREQ@+G_^'XSR,5X6KS6;/OWY?/GPLG=X&K;.O!ZM7YW%T MAA'LXZ!##:.%BVPF=D7_\/[]\+U25:F3;BFN=.J7IA;RO6.*U>B9!67DO9WR M#=7=TQ/I+%MS?S*(2P5WUUK_F_!+J\Q=>"))L"*Y\W`>9$3T,J9/(O4=!JR* M]+('"7?6]6@(L:IDS]0O!S/`7&^A4]>AZQUNJ*CJG<:#'G8ZR$Y?:>(BY8P[ M\?.Q*;V,"Y](-'#=)&'G:,,KF9QW<"V9IL[OR+Z'-#!H:>DBBTZYM&&U2=^. MV)V(SY[J>\Z-M=)E_/,V7B1DD:W;2W_'M92&=U;+473586Q@O_,YD]M)HAR\ MC#SJNBLB=)QB@5W]M*47NZ/H"I9;U=%932\!G62GP8GU.9BON4AB3=KM;W).X/=Y,*M#J`7@4OJ$OT:/FQ.HF>R$Z2S;1WE$O9N+2SY:?6[K)( MH59/L?RH-VS?@5&/ ME[)O#A;?M]>;>PLC;7R9$]^.J0? MQLZ'.[+@C^L_6'T62>KL_,6!&ZW+$^-&XWD>1>]ST;X#N]%X*2O46WV@2"K; M=PY0K\L3@WH\S^-'O6'[#HQZO)05ZDUO<%AR,W?)892-DXI:1Y[KTQ+?3@K! MWGR'S>]IUSESU+H.G"M[DE8=YH09C(,EMMK(%,C+V97%B^&WUNVJDU"_NA$ M+B&(-"E-V98"FB-%&*9%AD"70`XOQK%<Z"!(H[W81 MM*_4+X2`7IO@:QLEGJP:.O:D*@TZ'D[%HF$NKWQU+8-U7+JQ3"9T;A$V4_NE M$JNY2EB=5_,E6)!9?$[F^9C_\1.C^@Z:T45]B>HJ"!IP/Z,J MF;E(NU>K](X\9GE-'[['6%1*WC6I@-QKFV)4Q!M5P,UQ-_U'$&^#Y/D'C$G% MM%U[0K1>&U.I'-Z2$"L7B>QV55[&)]O5-LT8Q2?FC>^0I#8JOF3;Q)B2'AM< M6W&L^3&,OL4Z28KEA09J3.HS4>-E*[W!V$=K03"$MY>K"(J^4HU>`^_IZ?D)@A9 M;W_^0N-LS;HT#[D2]!%\P5:GP13T&4#"&D4X-7NPAM+7A$A=Y^!,DFC1* M"L9@:2^&Q; MA%)H(\*\7"3]+=(J:$=3-D0_<( MI32"87B,^WU&PZSJ"I[6@-J\)?>7P[DD=Y>QJ8#+FX6>K5;1[3(T M".E&/4.26Y_B%91!9/^>LIB9%\Y_72SP%$%,4*T#`8(1'P]6&H\B=&H<^XDX MYLL\@-.AVK5SMC*B9<%G8\U,*W^45<^XWEQ*JFTO@%N=PN_=S9N1MRTE?9&J M]:C;LLNIM1'CU46?0JY4U$.#P@M_::YY#<&QEBJ"208FTF]4!55G-U:>GND!]I0924)5:":G\,Q). M(869A$RZ_>CO[UJJ7[%_%E^`#XU&(=\RQGI_0MQHEA6W3Q2^G=/-N[PY?J)T M\36,HI-X< M6@;X/MI$4\DB4$$@^6B]0MRT5"ATO2-TRO.NL"_GQ=S_)8QIDB?K8?V3I-GL M:TR2=!T^[G.#GS[?!$F^$]ZPFD')LHVT2OIH>W/5E?#08NV%NW\9ETJ1J_") M+-KCY^=O\VB["..5H/.;%B\;5+^XCX#JV0A*5.GS]V(/8!_?4PDFSZ@"4G7R MH[2H!CT-E:(`IXC2V$(V]>L(0YZ`IF3^=D6?WBU(R&W_'?^#F_R[FLG93_^\ M(JL@^LP\L>P9V/01?"U;I?/5DZ@XV))4I0XW#J` M/E4QUXU/X^WRB,Q`I=+7S=/BD([C*`SCST MCZ,BJW5UF&S$:VIT_OLM>=PF\S6/KC_?)KLLD/FMRNY]-6R!^M-"B@)CY=%0 MF8T:Z-OP_@05[)[I43#V8I?I/B%!NDV>B\L\\S^V8;)+]WQ&TTQPCUFW6-E\ M^&(>@\90=RQT\.S]\)%,9KP],CFNIF]*?F4U M'@-ZH+9%CYW.Q'$1H^,N%?\UC<^"='W&2J\(S\',$&WO!%;T(TWD0 M`?%A?@GE_+D+/:&.L2>ZM)OS?FM9>!>Q70/I5LWM7O9V3>&&[?5HX:;>;V9' MST8!M!(]PP;MC@8*#^5DF9'D9#XG$?/V.0+F MDZQ*8)*U-W4]E,QZW[$@V8OH?+8M.'SOM:!!V?U_\"!J\D5GJ,-`OV>".ADF M]?+3O?8L*3'$#)O`2R2M&JH`.5'".*4\=`03;T2 M'F+`I)'O\(,G\<=3PD,K@Y-^OD/=P4F5[O##R&$(377`&`0)"7QS:Y2W5C&[ M.6I-T%LW(*O*IH.'(=@#P#/X;JF"2@"#9S_>,I59'4`%K)L$&/OT:R).7EQ4 M`Z2#'TQ4T8FM/7[,@\J8L+W5:=E@M@*C>Y4!H[?9NX]=CFYX,&%;#\O+L[89 MV-ZK`(R:A,(8#"$-;/.Q7_A3=N&NM=7/](F8`I;V*KG;,:234DW2V&Q2HJEY M2B8U)9.:DDEIV\S+9%)3MB)WV8K&[6#5&[?`1`9]*E5N?O)Z&I-H@9G%FL6] MR&,!/Y/<,AHX`8STVCTP@X%6H0KQZ_:J,ZC;R:O92\-2G6%_)%M!4Q?.6-*) M2VXN9SD0M0_@X=5:3S;2VWD8-B/-C.+WV"VU"(20V@+0N!(O.O_^)7G!>^R" M;<_6-Z\G5YD>F-FU5=Z+%R3-'W_?:Q,OI$._RRJP%]Z-JACYT7=PA]%]6W8> M26UL2#JIWXL1[$![0G?W_)#[`N20#=H9I'[=(-W!FZW]6\+3T_"KGN*76:0T M90L*:,;:VG$3+H= M3)0FK_R=_^>!3:+LE_\/4$L#!!0````(`".ZJ"=<``$0J#0`4`!P` M9V)L+3(P,34P.3,P7VQA8BYX;6Q55`D``_HV.U;Z-CM6=7@+``$$)0X```0Y M`0``[;UK<]PXEC;X?2/V/V!K=Z+M"+FJ)'=/3_>^DQNR;-=H7MOR6*J:G=>Q M,4$ED4IV91+9)%.6^M0X.#F[_X_]YV&[0 M/<[RA*3_^L/ICS__@'"Z)'&2WOWK#_O\590OD^2'_V?QO_]O_^/_>/7J%YSB M+"IPC&X?T;NWOYQ_624;6C1'G[]O3;\>0N7WR\@&?\$KQ/[[ZY=+J?1??F(E?DIQ\2&ZQ1MJDHL7 MCSO\KS_DR7:WP?5OZPROQ'HV6=:H85_G+^SKG/XS^SK_YT'S3R[5NV-0O"%% MM(&I)]HB\`1?N67&O=*?<9:0^%T:^Z]XWQ14 MY:^+*)L`*D-C[B_@O]:"JF[83Q_HOSIV\4.!TQC'M66F6^$[N6GN;+GF1C=9 M=K1N6"]",N'K<(4Y7OYX1^Y_BG%"%9_^D?WC%?O'JY]/JX[B_Z0__??YEM:. M_J]XOXGN:G7\3?[U!^&S(BG8"_2>_=2M+9/OU)=VJ62?+7'/PJ`&_[VYW5A] MJ4Y#EU63*=UNJ%D66^#TU:_7/Z`DEI5=-#\A]MO_^.E0Y^%[GF?=IHFR95TA M^D_-2U0E?EH2VE_NBE>=]UEE9"MK!:+Y>-6WX/K^BCK%4$&01/:G:4!WL<\R M9C?)E]'FOW"44>?UEK*JAPY=L>H=Y<4<4"E3"@50C7X95I5BB^HI*A\C]AS1 M`HB5F!?$VJ8DYI^]"VV91(URM<:)`/^6+/>,:4U7+4"[LDSUSI(R#C@7:H0" MN4JY#.%RF47]")7/`H&VNMV(X6?N@EI8O$:T0M=$<'Y'!\Y%@O.;Z';3!Y7P M6?5VO6<.L.UH@H*K2*D,IL.RB_HG])7_^/_-"TMQ.Q#-Y^O"L%.LAI]`=DK8 M/;XEVRA)1:CK/6J#KGGDBKE*$2CDNCJ5B&L7+0'WB+Z6OX6`MWX+$/67$Z"M M*M4!6T=R4JQ=IBN2;7F^C@[L\&6!M[D0>:J"'1R*"SJC4J06%J,*"VK$2@5K M_+8*H*^L".)E@L"SLEV)30N(L"Z2Z2)?KG52'OPGWFS^9TJ^I=(UKBO\W=-&506"@'_FA8F=BTA8H-8JDL*E>9)N<%) M>1$5^(YDCT)*"$MTF-`KX4R`CCY8W(M4J^$^E*A1SI^@^E$(V!8W%3'ZMB(D M=PIW`2S0,REN/^]O-\GR_89$A1"U@N<=S':>.R.VI0T6KT/%:K3VR]=8+7]' M_$$(2!4U#S'XHB*4MHIV,3K0,2E"O^"[)"^R*"T^15MA=EE2I(/3?A%GJ'85 MPJ)5J%L-6(%(C=G#(\2>A0!;28,1LP\L`F^W=!>_(DW3!LXT1,FBS64:XX?_ MB<7A@:1,-U3NEW&/D;L:@8-CH7)-5"R0:<+A\AGB#Q%]&@*49>U&##^S,/+M M%N^%O")=T\*9;+H!Z:` MWI*&#SH%#3EX0<1+GJ"R+&H5#H(K)C@@8UI*R"*%;(]26BL3KPLYK$YY3W_I MIU@TI8KNVI!!*8#5(3V=T.M#Q.IU*T1$4HKEK1PUQ03@CT3CDPJ+>T^@'[T(`9W/MR`\!7:Z."@[RH/86@ MEWQZ%>Q;(F+@#W1.!/T/^"[:E'W.^4/2![SD:?6F@Z<.X.[I@H*T6*T,R*+2 M"_YCU8&CK^SWF>?]98U"M%^RB]!>P1J70OF)'?$-52OQO>U'/7=;/@+PL$P1 MM%-MZ=3YT:;HP76RG\+PE9WO3]3?3>P16:F^$SQ(`B$M2>]Q7C"PO:[^S?#V MNH6W\M?_ON3_8740^#_QP^JU^@]'`D]8#PCTJ12+("@OOSC\%H0'E#0+,?B8 M74AVRS%0*A3,ATSA@E+9XP$Z'1>62FKC!:':9:8JB0Y*@UAQ*FTB$5)UBT_[ M)85H];`.=01>K_%RG_$EV!>;*,^5CE51=H!D85DH6`N4>\&XW(X1X&7B;?0? MRB!>*#"GK6IR$3,T+2.CB4!,R!FI^F`(I/'_RM(Z$D'W#D+U4Q#)ON^0*U"3 M*;"^1=W\!H0R[WF$@B:D`NR75E%^R[_4/G]U%T4[1JP__80W15[_PNCUIQ:] MJI__^_Q;E/&M:((.2?BL^@R]9R.9(JP%!#%4BD4\D)=?\)_XCL4@N@QQHQ"# M;]D%<*<8@ZM"?EYTLG&P#)W]9VUT'IY!H+/6!H[.GF(M.COE*W3R]$$PZ!PT M2A^=HF\I0&==;(#.KOS\OE,8BTB>]OVG8ZPAJ8L7'ZJ-)E02'3\:1+0@:R"1 M+]6%`[V"0G\:1G]_'R4;M@=X1;(\VN!#3/(1;V\'F\-,B]>HUA9WA;G&`"CN MS6PIB6"B8M&4>D6+O6+EV@'VU[+HW&0Q!0(9UU@].FDD._PRLA(@X2[37],, M1YOD'SC^0/+\,\D3MF4T_X\]_;&(BN0>OTWRY8;D^PQ_VK.7N5HUI4Z-J0IE M2$MR=T/>W(-KU:9Q+$"U'.>20(PORM\1657C7YXO6),-7\]%>T8JG:-=+12J M4P.CC)$[A`2GJ2-UM6GF@F'>;#[GO5R2?@+ MULY34=#5^4E5@SHOG16E\U$++ZZ3NS19)4NV"^)0%M6%Z1"W*CYW-*1O;F+; M,#WB2F4ZQ--HGILX^1>\Q,D]B!#!AT33LDB+(9A/082`C((=$:$#4^X>(3_9#E)FDM0X2E MI43IE0;G2T>_+6V*X1G1.NZ([-E1:*BA/;,5Q?=)SO;_KC!F9\K74J&128P" M):>D3:6C5D=0S3"!#?^0._7GJH6V'/%V^L.B+H4.Q4X0+4C_KRGZ%!'73R5X M@=PPC3"]<_\KCUA'9,"$-4.Y1?43NB&!!CCB9A3P M0OK5Q63H%!=10*!O=MQW:&D2RI@$,'[Z$+\Q_L&`=6]QS#&)<;]@&7]HNX#Y M\9]AEK)Z][##:=X'HNSQ`?6]Q^Z`[R@$QKI(MP;F0Y%%\RM+%O\#9P31=MW1 M/V-\2V&_I^\X.\+%K4;,OO0`UYV2/4@+M,R*YCV./R31;;(I%ZR5X=5Y&JM& MJA9"+>2;"`'P06_&Q_#5W*R.0(:*%E59A$LHY2A*8T2*-0TB-@?Y^9EE@17B MTI)#%NKE^]PTM3@93"&'O!8F83!Z>@#IA^\)D?+1KS=(SCP6WF_W&W;OUA5S M/Q=DN\OPFCJEY!Y?IDNRE8Z/[>0.?8FIG#M/S2SYZ%&L+&L(:Z%KT2J..D51 M63:<8;DE>HACPP[8;*:B1V@;NU/"%[*GL;,*AEW6WUQ=7*+SHLB2VWU1WXOR M.>*.]7O#K;P;\@SS&_(%\P^:\(GP@Y=[@VYB/+UYXS< M)S&.WSS^FF/Z$E<[G$5LQ>CYLDCN>?)H0#]XU0U;(54[DQNN,M:)'D*!I$ST MP%=.[3^`S2UNV!NBZ*!W;N?B`=3$/YCZK@O.2M?30=<^,&["9;$\5&Q*8K)< MV$$EPT"CE"U`K'.Y+YCBE^PQTXUJY>CV$;U@^ND(^B5J3*"#C6>6CX+E<=)\ MUH0>X+O(-G5Y-.$A((+;2.:A4K"#)6_UF\H5=[>]]3QRUGCDE'KD,E?)?F=_ M+9D[WK7=\;YVQZ1QQU%CYZ]/QQ\K=]AY1JP_]RS?M;<+PUI)Q-;_4XS:B M;\)RR#C-^07:7_#?]TF>%/@:9_?)$I>'PK.O5$YD1>W(LY M2(_NH8*VWOT>9[=$L])AFBH;.WQ?55B4N5RN@L]2U3KJ!7P!>7"?3))Y<\]H M57AV#Y:E7M[;6QZ!X_`S-O=8V;E]QG`,W\OMHT-NO[ID[%7I7]KV3E!C$54F MZVMH6D:?O8]7R#]M]S-K?F"U2C8)6Y;PCM_;(IYI5!:JHSM)(5?7*E0+OV)4 M94;IR>2"B\.S4.8.U0U);#Y[CY/"\ATF*31ZPPADS.HI\QP7'Z,TNL/\[C6,AV<+*HK47E)8Q!7_`J6@F42Y?B7R96+" M7;ML_U5"`9FRP\[X'MZ9*:!J3&+^\7OH%Y3N8%^J;5[@Y^^C).,1R^$<.ME\ M@&GY-B74Y2'XH;(`'TX86M321ZMC418+@"M&3=XGCFFK"%BD$AU02F]G"HS! MA2.FUIP!=EHC[`2QDJ@<(1W*AG/8H#<,R@(9]_KZWKW`W)M=8RL= MEUEK`PU..CK/8'O!OFJ[ECY[$BU]YM[29[-W/H+>T71H83JD\!?FP2]MUE@: M%=EU%AV7L(\*M&*!W3TK&0+R5#0Z86`4CDD=0YLB#5`U^3!#YD[G8Z'";^1 ME$Y"W$JSTK^^?^0]R:X[]X]<$'8[PI[L<_$])(TOD^4'X#7W;U&"T`QU;9)[ M74!G9\"K970Q$I"UUEQ0CI;LPM]DE>"8.FH4U:;0BF2(7_BV;S1W;T@*9_#F M@0FBRY%@(2BY#PTDSBL%$B$KUP%E!S]Q]7-3T@KLK4X%$7E MSZ&ZD+$X!HE'%1""BD9[)F!B46&]0R(B7/(&NE:3[I: M%M?[[3;*'ME%+$K_$JJK&"+#R`D(F\Z4W8VP&6][M@(D9.LDUU\RZCP._N67 M*$G?L,N]L>!H9"A]6C(;Z_-&=<,:3.,(["HSSDW8V%CP$NU$]ATM$ZS+L$6G MD4,9`1!3=V.HVLP96=7SJ%P5BWH@7950GX.KZNF;P55U:C!I@L.N3M`>:VAC MZ+$V0:#">E(=?"P2_!BB$M3^!K?F99JU/&4&$/YUJCTW8 M53E>5^,`K\()=KQC_`8W3-P^L^JH'\Z=]?7/[]RZ-0K,U0DKY]GQ"6S"+'4\ M>@\J(0>L/Y7C$=R[=DT!^UK1>P3H><^W)"O82UR0W'QQN%!*GS7J2OD;Q+;M MP.]AL;([T.1T6K=(F)H;W@E?[9`4`8`$V]YL;@]OU;V<3"*IG^J1=+<)!B]Y$>1)NCAP0NK*S M![Q"=];3"N35M-T>9[WK;8+-;-/N40/9>M8[FT>U463NJS[,H6#&1H?=7':; MM(+?>\73[%]:$_3F*_KEHEI"BD2]47-H#/[D0GOCXS@K45?--G=7QR"2ECPF M*Y2TS@X=$#U4`2Q+4@NB7 MD)>(^<&V]8`(%MQASLD.ZLIRAI^P>;RI4V#?W34*IG,&E[Z<=7V"68)#8'LT[J$/N7%.0@""T9ZBTC727W1J,@L+YN@8>^;A"3"J MDZQNY/U^N>#>;8*1(6T'*I7WYCDD%J=) M[ZB-C_,:*IV=.7;J#_(=27.24?>0X;LDI\-??@UL,X1D5PE&:<#=IPYO1A[# M``*F_D*BRLQ=*.LQ!P&F.K-$4P5P'IPJB/",?D'[SPW_.3O+-Q$%WQ)?KS$N M/C`S;'_T0])/G^J*59]07LR1X#+%D!V9QH:*ITK11?44\<>H?HZ^LA(S'UFG M;5=BUP9=*LDDVHQ1:PV*%V_)ED:Y!LSH%E1PHR[H@1VE:M_\Z%BQ94A+6,J1 MLDR`+.FUL88GP];0,Z64T7&EK7E&MN1)?K4Z7R[)GBUNO/M,-LGRL?Q_V5IK M.Z&&169"SHPR,0,^`6=E5DTW8T4+7I:E&#_3CT)#DFC^E<:6T"`N#=2EG)DHT0O9,BE-J%BFTIR43U$&_84D>;Q MO#32M2:Q^O1=GD@$VL10ZIR1"/GZ/(W9?U@&X3[:L*2._K8D:[F&+,9RSO0Q MM`1+*#NC:HK9Z%JP<@@?"LY--EM\$,>FZQ/24$67HE9V`R/M>7$19=DC[7)% M6^>M9)1D'00LE8%"RU!%FYFPLR>N9Z;0 MWE1HM!H"[7"6D/A=JEPA9&4:!)BG"F2RR_LP_9T.DLK:/W6H2H9`_K#JOD7* MV)35!JFRN:^+*"M`X*K;*66A2`W76WR7I"F5^'Y`*]D@Y0^TUPIU"[8V+*F>L(4%RV,* MFS1@TK);W\@F'!=KT5-=97UB3(,EE\<8A@1T.[SB_VA)G:!2#M6"Z$4M.O,2 MTZG1;15WP<-[UC0T.ZCG:G5=D.7OPME_>8&Z4"@JO5;U&6L#5KERE;(IL7 M[U+Z>H]RO%N*MIE@+`K!$4-CX.RQLZOEE8VZ15T"U4506>8$=76%Q$5;//59 M.J*=!?PUU#)@MI7U^3A/MMND7!',.E]^!-D=3I?)X.X[@Y(UHU4E70DLUPW* M5ZT9)3TUTHM6@7*8U"Z"7GPB!4;_/GQ+IA>@23"W7XI-,=(GT.LTZR MA6[CA/4D$PK[XYW`'/@"N%'F1U)4IG#`VHY4L&150%CH+[JT+3133R"]Z*CU$;8GY7T).7I*>'" M),GC%G6[CP'8V58(34"!;AW'!B*+\MCU!6F#"$-D#R0[`3U#"GZ`7;"\Y+QI` MSD+5JF+LRYI`2H&V@(0)0YWA$.)\7ZQ)QDYGT9%B6%)&C'9):'(<='LER,", M%4EZTCVBE.Q`45,H8,X(&EW%&W'K:+AS$%+RIZ\[!`Z]3>Z3&*EBLJ%_Y6R= M84G``)FH@S-0B!S%,1-+]+9"J2:CZ@.7<" MK:KCYRB[RJX+=NPH'R[5595W'SJ)8>\AEX!CI\R&IQA-8\Z0F4HMO9AM%V7H MG@]V`R>G%A]B;IHTH)29,F$),=6V0J#E1[R]Q9F. M%I5@NZW'1^M#7^LE-6(-`QK*W&11 MS#;NO*H^%\I9D?SH(:&/30PQ,7_4P5>CG2O\FZA`Q\%U"X!@O*T2WL4)M.O! M/1"JEBF?!P5F86,-T"S[O"(TM\L.X3S4%$)O7::'KO9%7D0I:S!S:LV].&%$[CF#SIXW:JCD\HJ?L$YSNYQ_)YD[_?%/L-L M:,;M+R!'[2\\3IH>3-FT/)F.&AY$]Z@I=]8XD&+X/-*!RUOE(.6-Z$,6G89 M7N,T3^[Q9;HD6_P)%U>KF^B!_K79Q_RHS8P?;UX467*[+]A6L1ORB7Y4DA;T M`],ZW=5;QX9<\*']0"18[>XLA*P/_#D<7NJG<0+@%A<=I>Q<#ZIU=B_B!>9D M$FP-_!>DH9[S@W^'\#@+.?7OHVX3$_:TS]A2;77MW0EBA_/0F)Q:.$&-#509 M06TK#$M=.\UV\6?^.^#TF!W`S*D$V>N8QT'F,8U/7S=EK.$6-\AC`!3U?,4O MYQ\OKE!YJ1C)?@S64UBR?E0/;DA&WSWK5+VD8X]GVWOU^ZK/$;LJ[2D! MSK[+L$![(NZ-N=NGPS:[=9QVH[;?[ M3530(.?=:H67Q57Z!1=1DN+X792Q.QIR&O&<]IV9E5#MX@R%7#E@9`8T6K"Q MJ&2+N:)%E3:APPR$>6$^Z,BB-*=1)DOT?TN*=;F\9DTV,?7F,U/,#C+$I4%[ M;#22[W#4PN)LQ'V+\^0N93NLSO-_P_$='VS00<:>G38D#.G8JJIEL5;G"7W'$HY.@BA\QQ58N@@EZ-?^5*Y]^?7;]#Y]07Z%]KP M9S\',BBP00\9W;Q=ZAH(MWEK;&M&TMX6ARI]H"[ELL#;_EA!4ZHAIZ24,R&% M>F%)J#*A)IY<MOB$OK+GB!>8G3SJ%B56G[]/$J%`EQ@*G8&0X0O>45"N MHQS'[Z,E/M^R>ZF5Q%!*"$DBD0`EC-"&/_*HS)D32:YEP?ZN]L73"#,[%$0Q MOJ6B^VSNT9L-*J1$TS:;BG1"83D!%;9F):/V;%=UH1;E/)S6*E8+3:Q1YZ\J M!,L^*93S5#7M1VR^]I`/ZJ-051H#Z8)NV`R.LLOIE!!V,54)T"Z%Z_37A;35 MFW<9!ZG%]7*-X_V&=Q`?2'KWJL#9%O6BL1Q]Y2(!4$#6GM+.8=``JL[@IEZN MHM45B+.7W5>A*25T]W`W4$CT>CBJ3FW)W/'WKH]@#^?'NN$1^09?6^7PA6?> M*W7Z0P?8A(?&QDA@G%8Q09!W+<`@1C(MX@:9.2=)NA[\8U2PB>?'MU&ACA9$ M!85!0[<@:.S05NTOA!!8,8\D!L(E0;;5SRBFO\]/"TVS2F,'60.H0HBVC#R2 M&&H.A"#UHJ#>8.3PZ6I3.X$'6!_$/W>,*Z(Z:8!>3CQG^'TA.&)B"EF'QRF M'-3S#'$0@V=E8TK99#]_8#)I$-1,@9BYY8&_(P(]F:`VRAL*>NL)^Z;\D4*AL4?YZG!&=%#A&79VJ24V[N;X.LSY.;'E&2J]P1IOZ)GJHUJ6^IQ^> MGR%UM6.K"?-W#[2N23ZX]62$9$-J"TEG5AO;@J6UK5DUK^VT+=ANT5NH+"T-1%^)?A^459LRH:E*PZ(N5)^T4$0/\Z^B,6MR`?,,VD7,-HF@B&%* M&S.R:I?A91+Q;:!;MAWT'^6_T_A\N;J=I/<\0K?D"^XV&?I192OKU:K7,!=!QT-DT?I<.;U"*M>EEN,KX>:^F/U M+MC?:-D(((IE3/7$<_L`%Z@1P);O^X<1ZKK>8G1]YN(`X(2'0PV\P/^TO4L) M<>$3=!`_00<%K!%+%8CIH(^XEN^=)M*YD;EX,N]<2:?2[Z,DXU?`_9*1//^0 M1+?))BD>U;VJ1DCUN]P4?"8X`F=`8CVUWF&RS4B5V%=7WF8H"'2'A$#;S`OQL) M-\+=:)@K*`-AKB+(2'@NFF@CX:EY$E`D/-SE+WXLCFXA]O5W%?I/[9AMZ!>( M+%AZL5SLDK/)RO(1^LPNF$K+Q0JH6&/$I]'+S66TU/LDC=)E0GNMSR1/0LCA M2AI8'ITJM_EW2RHB3IC#Q$1*?:5!C`X3$\L,DA?'V>AF.01MJX?A[UI;W9/\ M]_.'1.[[Y$4'?E!4%`SC0^5^1O12.V;(EXBW2=`^`(45F'U+F4%3"\FA;A(9 M3X928L[(M`=`GR9C<+7J<;SL$S^1HHQPSN^BA+[&(122TLQ=Y8".+BK!:#N^ M$AY'\\Z5,O,%CF9XD!7QDJ%X"`"4"CT)#$ID'F>\=K%G5",;1+54:0-4Z6DE&IXI:82MX^!D&%&Y\!V:?$KY'B!QA9U. ML\#"5*=?YV=6BZE#"ZM:.7A`"SL+/ME5A1[\[+%EY?S, MU%MX/YOZAL+*J6(2NQI-0DGIY(8@,CG.J"0`9HZ+2V:DYC%$)B.#CY'QQ63. M:K8H`3`0$/?U;-4`N4N3?^`8;:JBR?S[6RQA,\(_N'?.8T@^:1<[2R\*V5$: M]X4EJIN'WP=Z'3NPL?`-N!OB@_P1>?41>?-)4G>SY+V!\MKZ[B;B,Z%!<[6+ M#LODF%L^VC:W-5D^V;I7L5J,HK<+`4S:J90?.6Z>M==//W%0.F1DQZ#2_9XP M4TMG4TYCU`8A\'BFFX8H_6A0:V;\8/-L6FR>A1O,]!(#4`L)K-6.ROG/MZ#` MN"(S9_Y]+BRP,W4LBPOLD3LZ;>AAD8&QA?&YPWD7&UA59J;DOM=%!Y:VS%/\ MQ[OX(!C*@B3[I^=L&+F6-X^?V/'E6+DX6%1H$#IT"X'YH[9:/TN!!1;,/,5` ML$7[$W3[B,K'@2W_%3:FD)JR3R_C6;N\F#5#C0%0X,-A:D3*`$$9Z<997@9\ M6V""K>$_8N/KP8K=SKY:[JGM&!*UNW*#7J^9=/OO$BQARD"?+T!YW$?:LC`* M39(XZMBQ8;PYTQ0<8402NJ69T%LEH/=)S+])`BB9`923][R(T=#&TUW`:`'E M42NW/>ZD`%VR'<8>B@#R&>:U\4X[TZT3QYFYF)%YSALFIJ)>P#&%Z"!?4P&S MJ`#F^%Z="3_9#(TU!]?1.J^W<0V'>?7RMICF01KX9*;TT%Z;5K,B\>"H7C-+ M`;#P%^H?/M`H["HU(Z&F_("#TO)@%)18\,-`M3$S`JIT\!P+\]D_O=C0(B\1 M25O,"X5U.A`(26?03C+.243%E%/:"8!QGZ(M?DNVM)92D@V+#'C5+@)&I8-2 M/^P9Z#,A8<2HN!W]<6`-8/!X#D-2W? M//X;CN^2].X+IB$IN[YEG>S>/)9W3S2#_@^L=O3AFT>1,G::R$UTNQG>?C:U M8<4!.KX,>SB.QT]5?1_NX[76MD<%>:R,^."A_`0QD^C%!QXG?.7E@_&`D_%/ MDO(IS=NS$SF2?L6 M1WO!KB(S#\9D$!<*V8T-`6/J@H3-:>$^&GECZOI_OD(E=PG,4[CS]$C"VK?TACXAKS!GZ,D?AL]?J3\7Y^G\7_A*.NSRUJP MIIJ%H"OOC$W!KSFT-:VDI9VR15T^1[M2`L549&96VN.%N+9DCZ_&.CKDM;0\ M*63AUFQ8FX7#Z^D!L`RO_"CI[PNOLN42$P!VU@40M9NJJBK,8ZO*]'J47AD@ M)G:T@@9K"@,F[!K*M1Q_]2R09*BR$06TD7YS,4$ZQ45<$.@+!O6,H%>K+WA) M,L.0RT)2PA"E)#!O%+:\15WFMFV(IM/6HE_&"P74C=E@1D%(P\94TU2A1$5> MK>UI@0L>>UG8!41M._KZ3E&K";_\PC:(`$RTC(H(V-=PM*,1S&`G@NC:BG=RB9WVXPNS;;FOS`E737=J#\FV8 MAK`A6]@F(HAJME^WBPGA&<)FZY[K'V2=)8'\,#LM#ML_P,U(R#3['.#VC=A$ M,1]ZLQ##@>Z'8.8?M*VK"%6$#:&.2SX(YQS4>H.A"(N.WK*K5#,\8O2KD52, M?J62'@81$EN3C'[5MFW'$2IM+4[&5;%`1Q(ZU&A&$@;-J1](2)3H!A)*V]-" MU^OX5V,7$+>G@L[D!#$A5$M]3PBV&`O#0SB(L?`%V6Y)>EV0Y>_L1K(T7G=D=`)PI]>KRG#;Z,< MQ[2&.YSF?'$]KZ?,MQJ(]/VL4@2*0`HC7L;->GM&M-*I69POE]D>L_Q_7F3) MDAU@EK.G*/H6L?F`6E$@9#.!AXAXALTGX:!"6LA'K;79J/DNRM(DOUQP*AL]<4T91U9J-0.23\30RK>Z>47_*>_SDLGLY8E(QJ@ M2R"E6)LY!OJ#H@YVQH4UK`(Y>)"F*V7F@67Z(5EZ&185N M.^HB$LOX0QMM>/&>C6;H.SB5AD8AY;2&2BNNC8HB2VYI&%QM-OGE_./%%;I, M[W%.^9^?T'\N?_Q#7J)I338Q;L/KB8+.T.^:HRXD?UL%W&99'K/LCJ^LS@39 MG/%9G$[VYBB(T&]3?2['.H=CD+OQXH5;NJW\L'89FL;02-R<'H#S??GB<1`T M],=V&`S))QMF"@U3@]YR@5,D_QRR?=WTGFB,&&CJSB979Y^<,\G&*=-OD+#Q MZYW[EL:BY[0\L-O!+S\-@!DZ7EN$S>IZ5RN\+*Y6[QZ6:PH-_(7M:$S9(J/S M-&;_>??W?7(?;=AY>WUW/$*T=M%6HJ[\LS`&ZLKM[2H):JMN44JPN1Q^DB>N!L MY^.@]3Z-,QP7ZWSN`9`]>@;LMFU7$;=-=`R9;6YY/EYO=QORB#%?BWBU8U7Z MB+>WN+_C3ENN9JV\G"M)99I!.:DQHJ2@4G91K@XM?\_1U_+1W",I;:L2RP;H MD4+L/EGB>F:UNQ6%5I>EXW!\SG;Y MY#>DB#;MYQ8\':@(E3HFGF)<#U5TBA" M]F*[VX,O:3%4^S]*WI2DKTJ]DJUM.4]OD2H^3TF!'G'!C\$K;83A./VQ2Q3I M^P2R9*0`;5(XTO#S7F&[^)OHX0U.\2JA]8XVK-;O*;+>/>!LF>3X:M4:?@UR M>+[TV[AT._U3N'*;&H$?\..KAL[^V]KF@DJ@VU($,6^'<%683464'KIRRT?@ M@T?1P-;WCD7>")]K8\K:U]J_1XB\!A\^@M=NY+2$;[PQ&1EF3KN M$9=Q]7$BK:!#2(4!I:>1RBW*1ZAY%LBQRNI&)!;?O$3Z9D;]1URL M25RNWMJ*5OFH2W60+R@%@OV!7GCTRTSH\2^6K!E0/D6MQR$P0-Z<`PXHO[V( M!0.!(0\D.F?W_^6%F.+Y6D@=I65(5V2WIVG\:]I MC+-O65+0/]]C/.@8G!75O'%0Y,JNT:9!.>A:"R53W90OVN5Y$G[N#LP==@0: M`#VG,%IGQW4XUFPV!]-<@_OF\3S/<7&QB7+1C1[:R2'R;QZ!*'&/P!:%WM7+6\WOG*L78DF) M_TR*]>`]\NZ+=-^:O]1UM!D,E7RI[SMC,/503ABH0L;.U_P"!$]5-/*]D"87 M_)^!N%5H>(O78`[3H_;!\PY>=X+"<_3]@)Z08!8+J;/.F]S MPUY:/9)UURL>NKKHA1VKCJ^)Q\&IYS?#DP`3_&;)D()W)M M*N7%E\+7;Z+XM6MVT?P9B+_T@7<_$:<07]Z"SL::I\"S]S;S^U:'/N*#Y")W M+[H!8]`/8!?&@]8FM%BT7S'?\6C77F?07VKE,6A+;QVKQNQ8+D6DRK6CKTP_ MX@:>0-`ZY`=PX"J$)7SPVIB!#F![]9_?T;8'5DW-A2LF;4040>90Q$/0V#?B M.PB4V+,-ZH1J%E_Z+B.(!9A6<-#$8*KFTL=4?6E=C"2V-C\5WR;YJR>T844PFWLXPA7)XLE$;B_BD:0L)CP120OY(M<_/ M&_?ASR]1DGX@>7Z9+C?[&,>7Z56QQAG;WI/A-4[SYJ!`5LI?LF9`S.K;U M""?M8U?S0'-#HUYBH@32B+HM^!$=Z%<:"E=;AYF2')$,O6"%I0DB*N M$'4THE)E()YY-J+[266-YXRW?)==E3PEQ<9\E_E[PS>/K3=_G^&_[W&Z?%2O MU]=)#%?NRR7@UO#+;'A:S:\Q9[BN7ZEET5XFTCP.;:V_%@WB5?\FS25=_R\3 MENP$4-L*@83-/_\MP1G]_NO'#_B>-J.2AP9"0RHJA>#8J##CB9!ZBX:GJ(_XH+X4YE1&\4F,3C$>;!D->?#7 M5!/\>+=)JSW;V*Y;D6H@UYP`Q::TE*.Z5^@FBV*J(!`G.@W]IAJE"<$]X9"L ML3_9^*OWQD?C>4)IAO;+1[N._$Q)[MQ&-7ON72`O$QRD;6S#<* MVT(_X=B(Z68<>_I]HPF^NU99<@)2IW-$K5+H*RN'>,%0L#!,JZM-";&15B[7DLCY6;5^^I3%LO8Y+J4\6SM*PM,7E5AXRK+,V MK*"E6_AETN(&*\!D:K1+P=3V@_(!S42',?,E$@J^#R0\L+QGPS>WQ>9L&2W2 M(AV6MF;V@J6N#!L:PBH:3T_3GK".G$);\U/2DH]9E M[X>@?J%X+EEM-6=\742;Y7Y3IKS(9O.>9.SZ+;5C\V(*],1"F:D@3BT45RZ\ MDPN5]?1_>J'"_.)B36U3)TNC#;X"`;W6[MHS<6*_5`._!Q$/;1] MG(4HM@I_'J+J[8Z\&S`XV0=",ZB3]W*ZCTM=PG/A(T_X<;8FVD\MWC]=3=P. M9WM[D[U!G@`$0@EP)VQW"I"+$7@7&]1)0&\B2AAV<1K&Q2\9V>_H2[Q/4OI; M$FVNBZC@^8R+J+P=[8/N@`I'=8,EPF/5@2T>'EIBMN#8P41[-J_2 M@[@B5&M"C2K4Z$*ULA"/DW!%LW!-LSNB9*N=QVD6KX-VJ>7\7LW)/VN='*QV MT'C1@PN$J4]X<>,H!PEHT4?\&)X+!>8*>"!IXV!A#,$'E$_+_6K7],%JAQVN MPZ\;A*E/>.YWU*)$0(M^\JM/P>N:+7"#QZ67(;QR#1WD.\SO=G&=W*7)*EE&=`@KVL;QHO(I+T,[\TS1 M]B*:JQM)0MFAD)!^,MU!4>G4F$JGQE0Z]4BETVFH=.I$I;;TXC_VI*"=Z^H^NN+7:>37V33\.G/BUYFLJRH/J+J2=5=G(=.IW_X:.@D:2D^G M,S,ZG2GH!`PRJQT]YGO_Y<8X+LD39\) M#(6RXV9P4&=R-;4Z`Q_H`5=N:MZ>>3O7)JAS)8[,!YP]#1]P]C0&0C=9E.8K M.A[_A*5[*/U8@1\6=:V$XZ';]0KT0'Q!%2?RU@/+B^87ZI/9)/=/[,##JWWQ M$I%5/0?^9%ROD!E^/+`,AM[\<-N@)W<\?*?YG7+^E@Z/[B,V.92W%ZA^8+;I M:[QY/!2X("G?P'I#:_?F\=]P3(<9=V]QGMRE^LU`W@SU7;,'0U#>&;QJ7ART MKUH:^6@_QENA=8Y:%DYZJ^IK*R?H]K%5#M66$#,5V)8B?\02>7:O$)8X=W"; M0O_NZ."?/B/?J.'GA_ZLJU5(AFGP>K'/,G;$'L]4T/B6]MWUZ>6'FSWZW>((T;I# MM!)U=0P6QHP[P;^4'B'%=U&!U6M#[,TKG8&MND4E@9:5""J83'DL#;JC0C^] MV+";#V;V!6/01-Q;N4=_"RT=XEM;GQC4<&>9CS`,B>?3`Z!K&=02:E_E<=*Z ME>C[`K>LEGQ+8IVP$2^,-RG;[;)D96'H+-8..C(S,&1`5X5\ M0\^Z3)-$S4-9R&S4[$/ZZ5M'2#>QF(!?*OVS\:EF^%5ZF=[CO.`Q;5FS_O6& M)D6K+Z0NZD@FE7)(+AG845%)*[Y@,Y*_\`"MO)KJ/84O:A4.A$]&[4[LVZ?+ M)I54FTQZ[6%QR81$)NSQ0QOO?!E+E&H5AMU-E`'RQ)@@ELS04B(`+N1ELUS1 MGJ](TKM]DJ]9U:Y6;_%M?YV7TU9)A2M,\V`SM3H`\VNVULTAE]I]\K_"0#=WC\P439 M6C-@J_V-K3EC[^R'11DW--=7$S:6[:/P[1-&H63Q.SP*YUR>_@LA\;=DL^G' M&;V?ZW"B^=F5-I4BT,"ZJU-)@7;11?W7S$#N?W*B_EP]5%8E.N#K2,T.L?,T MODP+VB3)[:8Z)^MPXZ3LB+YQPCVXF@H#@=K,G"WT]8')&/,F++%0V'")#T++ M(W962;5IJU91';@3!MTL@24@I7USBZEKID=$<)L:3(YQL#FW<:9A`7[:1W@? MU*U;AP.Z='@.L,N"^`G1/N<,7%W;#Y*COZ7/>WW7![#CMP<:?01??>4F].O* M'`@6SMG3\L824$3X?<4D^"`ZP5FB9W8D*WDGN=MSE*Q-]`9V=Z>5-1_,L3'L MW*EU[^*T"-J"N71S'+)L>S3]I9I6:JR[LT`NS1QN\3E_2/H]FKI0]=5DA1S9 M*U8+25.E!14?%8*+ZAEJ/:0$HX]G)I>F*8G-A^_215R^S0N5QH`((+QW7E=, M2@*@&^9EBOT2P?@N>:6HF`Q!7!FO;58E(727P\LDU*0(XAKXRW1)MICEM]FB MG'=_WR?%XT=+>973:ML7:JT:!DQV5* M2H*X/*%N>)>E,J-W.7+IVF5PH`06TJ@;>,!W;4N(^"H4&O)-H?N80IR/24JR MI'BL&<\G)%WSNI-8'A\"C;<\?4@TMJ[6"TS9+D+S//44=0>.FYQJ\Y3B*&?B MN<55$(AVCK/&5L(Q[G)[]^/R/IZF(2:I=T"N1SPEH,PPHUUJ>H.Y(`-5U?G9S,U#G>_1S`7C4?%<1J(+-6U\])Z=8%*<4,YJ4"6B%$/<*[AQV;0WF#4[Q*I+D;<:E^ MWJ9?"BIGT]7K)5\C-&&4JQ%(UE2A@Q"TR\A]PDX;#X$<\I84)6CDGUV2G.D* M"!,S(IWSDT"_W]6DJ#R-";>75:7\]5,HBI3ZO,0='=5&-&A)+"ZB?(UV]$]$1WGAY#R'#20"]_"K2N!< M%A0BN*TC!,Q^P4N*W708.Q0>MGK`\,&"(Z)Y<.W[.FD?!(%O0 M@&)\B[^W%.6'XA*L]_7-B?@,1SE^B\O_7J;GRR79IX62`,8B!SX8B+C30VO$ MS]X24[,:#IFI61Q2>2B*Z8B49(]HA7$>$L',`4+&-^"`?EKI'AL-K4V$2\@X MW=@@!"3+N)T702_JPB_9UJ>Z//KRG4!3'L][P>;,\?VPCMD>QYV0[M&T`U%+ MJOH1F:0/VHIM^4G76%JW9K)"6RMLH_W*KGS"SZZ(\0IG&;NV@T9TFR2Z33;\ MXJ\`::U!E([=^J8VX+A8B9;J*MO3PMIOIZ2V"XAH>1?53ENB2N)[`K--CP6. MYK#ZKS<9^1UGT1T^=+*")9@60M)>2RP$SFR1F4E&0`K#=J26*EJT`B>^6.>6 MEPRN'U+"0\E:7>/I^"J25U-5;G$R9'KL;E0F84`I[V3:3<#16JK(7[W%T8;^ MEX=6%QL<97RQ6787IJ+O+#(9HV'3`)1'0CI8Z( MKUBR900X/VUJ;U3LV%>SJ'Y'N%SK4/*4\.OHPQ_[B,!A$B=*&L\P/FQ)&P6& M`VL!$;-:?)G>M2HIWQLW0EA*5K4P.&U5YOP2V,"R'96U"EM]=-SNHUN$_FMH MC#;"DI+;IBVL8[E*CYKO^AJ$R/SRN%![THOE]'SOR_FC>M?21"P7&AU)<(&N MQ8NZ_$M4DYMQ.^)%PZ6U!"UFC)8WI#&9NRH,>2RR&Q*%69C6JZR>OPHA.7F% M0O#,%9B9))NC,&Q)79FB!7]2T30XEJHPH::HIL6T_!3(:\@IM3@9'#VF<%0F M89`H3^&4"&U$@KAA9PJL&F=GX,`:5G;FW7:W(8\8?\$;[CHMLC1Z46F?HA(% MI[+$*UO MLBBF7N<:+_>9&9NE$E(2"R3`N3NP,4E(*+-J1UBQED5[BS3;AUF60GE3+#32 MRI&AY*JRZ704'0BKF2FQ-0T0RH'3E2));\!G]JH'655NA:MI4F!+@S1(41)4X/& MTW%5HD+-6*7=>6G+PH5H0T/\+4FOUQ'EPWE19,GMOF`UOB'\MS?T+6+Z$OS$ MY"RC8,.2@_:`%+:)[J@0P@,X50'<-4#41NLSW(TLWB:;?9'<8Y07;/\MV94' M0;&U`.SD>^#"` MFL[HW&*\2M*DP!\H!`<7&;Y[6&[V+(KJ7V[?N+)QXHWCLA5W=E-V!F&=TBC; M:A4'HW/YD))X(3!OW?86=IJYG&%.+&?U`>S.@.;"IPV+>T^= M2=K1-S+C=$,C1\T>*)$9-=V&$HOF./=J%=_X3VIU5&X":V3Z)_](+]%R: M2@`([G(37O9]&AHU889&R8$K?&=G5;(Z=SL,WAC@04`ELQ83DTLN*^*;SM(D M$`1WPGIS[N@[[<&O+EIMR#PY++5XNDC4^'E(*(;0&PB/`1L^ZGEXH`/`#LI@ MAXP#O2;4D)W[E01R#KB@403@UAWZ=2@EPFL0QWW5$\TWU-0%'93/<1 M;V]Q-H"KJ4`#8KV`,[1U)F`!;VA-30,C)9V%`*&<3&T,`#*VB?HTTLEVR65F M*0#*79--_(D4_X6+SQ3=:Y9]?1-1R"SEUX_9BPYH:"(*1DB],3_4-+9K1E)# M=8O6O#\38;=<%.@1%Z@1"^BFLQ%8$C+:KHUEW-9K$;/,N0+;\+?4[4RO!H@O=5+=B?B/\=,'-%R#!EK:35+!C; MTF#,UH'5"8$)F#>P,PJ%RM/.89B2/N<$107ZWM`KS2SXA>^\689VZ'O^D`Q7 M]<@*"`=K90'0P1E3Z6\PUM)N/OAJA-I,8@]HJ$8?!1.F#9I,.KSJ?V35<(J5 ME0^?#IH"`'5^F9ZO5LDFH6.Z_'I_FR=Q$F5L#WV>DR7_]3R-_YTD:?$;+;ZG MP&RH>;@=0$H)6/4#0D&I!Z,C3(6\3`!YJ:*91P`TV=_%L8NR(J71[3K9S;X6 MUQ/HA2X)'F@RAP9C2>P.(=\B0`Y;1<(68S38&D[-X=-JU'MQ.X"R4<=!;?,M6.WR,LM\Q7\%?7G1\F'Z@#R]P5D1)O<6P7-)KD M7S.B<1&H&4@O#5@QW^,D^*H:NVYHT^T\#'7@X>PP]LP,F0_VA$*%*P:T*'7) MX&\5,/$]3#/XJ>1=557;\1D<&E@T=GU93>P50SF=C MTVHV=E<+!.-_C.`B=B>F;2EU#BH%$J[K;4Z'51\=NHE-()CVNEOI4K4;WNV& MV'=ZQ*Z^9_,`WD#Z'?M,">1T*N3$Y$:60V"TU8(LJ^55GA=+`2Q]*D@1;0R'K,[+ MF*2+DFY8+2@3FY+!D,]^?G+L,B'SJ<,)EO!`+,@Q=/[N*VODZV1:A4*?.@<# MFGZHZ(RT.0>&'TAZ5^!LRWH7R8IR59'JHXB+./)'I!0R8E+H5S%%*K9@3UZQ M1WQFXR2;*%B3F7[Q+`5'I-O#EVH)!>[G;6H/W;B$)XNM"P)@OU?I$?<>" M#>Y;@A+D![&77=.:"O0/O[T:_V5Y%0/:&N?C0'1+,CJ0J&ZO$)^TIRY4IH^4AI14D`MVKE^9&?GJ-B0V7[R'?&'Y#O(5&KW!`RR<5IL8APP: M/O.'?,%#]3B,T_L@<"*)DEV`,FM4++W^2GZ[%>3E50YW4VDS$';W3PVNERIS M"\'<"ZZY.LKH9BC)Q4^Z>YT<&Q7.6PWU6K0H\TO'V9@RGV/4FH%X%^KYKMF) M^FNRB7&6E\E=R=R'K=C0+VG$X/"M-.0CDK,S;4@/O:HV=7C'7I8)AD5F.!%3 MS+@-I?13:I!PT\#JA#"%W3%I:QD*IJ\=IORFGQ.N<>N%8]!=,E^M#(0&@8&"F%X*BK,`-^A)J564/FZA0% M.9(P`828GH;-)>6F0E["3*W%R;#H8W1J8!(&B-V`1S)5'6)GX@VK^L`''*PA MC[`M1]:6(VKOT9[/G*#*H$N`)\D>\N@.'\&H>4PH-WZ4;!.Y33(J]M4G*(VY MXDTZ\'V:4!LYNK7%VMS+E6ZJ&779JT2-L+$48ZO;C?)'5_])EI';BXD<%$J M(4",R\UX=6M:LZ;4T"BJQN!A\<4`#Q(FF;66G&)R>1GY=!8G@Z(71ZPW"8/# M@?/FP_-*`'$)U!)Y^E`UZ`Z@L1I,%R*9U5,4$74/8#-V`J706S`D^HVYU9UV M:X@4,R(%,[&A:C\91_03;(+24OB'L3GZ8_0WDK$-(/G52K*-6[@3R5JN^E(6 ME:\.)\>U..R.K0;PV/+0QC]Y,]@HACXW;):JRBS6!+ MNR'36K"=UE+*G-(@FVX-[4Q,9\.MN3::;*@6]38T5B]T==0@26%`]@. M?#A1]%"M`5OE11IJBHHX\W"H%)9T4OUJADG$I$<`A3-EH&Q*8O[I^^08ENXR M0:8M*-A+AF`F114T`!N2J93[IH7%$$TKWC]&+V^*_34\+:`RG MU^X93[`;/TRLN+1ZWHY>PL@&0"-,DB^#@MBG;/#9 MW'C1'F@&=A@W/,XLG/8XH,WJMI.4T"H]7J8T(J!^XRU>9FS6Y3W]F%]PC+<[ MT;2XI53MRDVE7'EG9L?8O?^E)&"*[]AQ'TKW;F5924@+38O6#RPME-$_\9;3 M,J5$(6E!Z[]A"XF22MO M/T<9_:>F@S*0E'122DE@LBML@2:,K,W:4%ZG;7'XO>F/$*%",1^NU%G3PZ.(%K) MID]'$>&9<,(<^"ITSPSA3[BXB/+UYXS<)S&.WSS^FN/X,GV?I%&Z9+?\+8OD M7C5[,5Y!]B@\)EP4BR%R[@YLUN2VE<5A(D+ M+)6IXP)C97Z\F*'YJ>("N^J,<&0V!L1Q`:DUA!X7V,)4[Z9&@,7(2QGJ-?!2 M5C6^4Y1Q/^&XJ*(DMN]^7J)(J$7\X_7EQ5T3O)*#6I M[(]_R%&^CC)+TN\.$ MW)4:@L+]F/>!2K"SW(6:K0!Q5@*B_!&]8#^_1.<]7)13G\?6\I)CULU;?LX# MT\T'[G:S9`8*K%/?OF?)%"8GF"736X=)P8EV%!W!P-0$4*-R9J-GR12ZQJ7& MPIXE$\3L=B[!0(%UULNW2U"8G,`EZ*W#C+Z[+N'JB'-5(UR"81./'2%;N`1M M34)S"8*9_O$)LN.8M!N! MF+%+>4;F[*QJ.#NM?&?)+:OBEU/Z+/EA,=QQ9LEG)9Q=EGP6Q@63)6^G=&Y( M=TFT9#'Y:'E1MMU,'C+19F(1>*PPRKAQNLY89RO%^].+#<_H]3.]8>YZ'(\X M61[0%@2*5*&)*FDZT;P>/_/"$A=S\V+>^:AOY\LEV;,P]XX& MQ"G]YQ+S,W0^DTVR?"S_7W:>T5CQ)I2T%7=V('8&K3-&^DYT5`74KF.$RL47 MS';`HH,D>LON$B,[+CBW3QB)*@+3TGV'8*>IZP_&U&(&D`/F;\89AT8XCQ&_ MM?'=%3Q!I1#Z6OTWF'.[AQT=#/7)H"UWH*6LG#L-Q9KA`TV-)0W7%++5E62D6..L M&FN>H!3/O8Y0V[;$LAD&!!*+]`BCTNL3/,`KDG6F1L/G],GC1Q9'.0,(('^F M4@^W>EEG931XSGC'?MC<5R]OKHK,?%(6'(1DJ2EG",V::I)53!Y4FY77]=J0 M0;3:`G#P;&1L%)EZ*Q!;KAB]P&&321,HFS>0(;PH^=:XUE(>8'QK91%ZG#O&N&Z\:Z]ST9P?FZ0FIR&7Q\S& M74VS$W\D]@@0'(8C9RM5_1'TB'H$YC@^XNTMSHQ\1+>HTAW41;TPOU3NG^0= M._9\;HG+SH3.T=>RU-QI:9/VUE)PV"XF;"NE],1J:P^,0S1,:#C_9I\G*<[S M"[*]35+S#MA0AY)U6AU>Z*BQZI^G9A6P)[")WD5=Z*EURJ9XU'H%"WB8N`N- M.KT?,:I/P`[F.MK@JU6YO;N\R5.V%AA`E;&[4:GR[G7DQGT<\>%>'3=7I%&_ M8.O:^=HDOC2>^YO@[TX!P:J5*S+#C*U'DFNUI1+C/+E+V4IEV=A<5N+06P]+ MN'N,OD[@P%ZB7L-NH=3B+QK.W>.9'MRSLE M?Z6:,O2>MALML43_0AOG[.=P1N?2%B?&333@6K]PCT)B7;,1XVJURG'!DO*' MQCW/Z4^R=5OF`M67,1%P9)'>!/A:$6.3*J(9*ED$M7P0Q+=)AO5J4J64HH. M0BCE@9D".Y-T%7*[MC25:9)0M54\:+ZJ8*,AK:9-]<05*-"Q5VIS.LQZ[5(4 M-H$`*^UI%PA52X.D_8RN7-VSR,NY\E*F&7+TKC.B9)Y2 M=E'_.C.-M.U(+#]YCRDRD0XWU'K#(8..!#KPPX,>_'`XF04KI+=W7.`P<6Z$ M;PM<*_$,$XB(M,*%'#+MU@U_VCX<-%`O9]SZL@#`NOF#Z-2E]U0H2O1]&>"= M%0*=\$,_J0TC8/?OL#@@NUQX'@BNU8?1:[ZS!-KB<^FENOQ@`7:#F,+("#2< M/BTXZ%R=%1[<=WU)%(/M]U+H'X&%LS86.O=7'#,D)#NZQD%BSEU!>Q,[/90I[RVNER M5<`K]`5'F^0?."X+_(2JLSE)BO)JP4_>J)W9A_GG%)D:O3V'ZLUFQR][?K.@ MW0;<0-E[->?S&*?UKMKNT8R=>.8$]>V@@Z'2T3!3B*IME@X>S)V@6VX048O/ M7@4U:KU9V\5]?Q""2.XAX=*ZU$?A(=><42O,D:M0<]CI]:C0["I".C4/VR=QKH5 M:U-\T+]/L_;P/N?#^D821;52'J6S\3X_RXQYHR)D;S0*ZX8>:RS.S)V:C053 MQV=?ZR!]H]$XX3_IB^&8?$LG2<2:68/*QNJLS9U;4==O*K\+5U6O.1:#&CCG M6:C?YF9>,3O='`O3L]G'Y6V)A_O4GU#JQ9";D/D7N.D[OT8I]E.%T^WF11FK,CM.E[IC'_:]-[ZQ&!MKL1@\["Q8C'/F)\M:;J M&IQK.+9'<#2\J.31LE*`BH-,N&X:@`R&WAD&>N9.>;P]4U_L^D9!NF#Y0`0J MG0&5OY@O81%$AL)G2L(U!U'FZH\U!P&:=/"090!)*P3BA6[647J#MSN21=GC MY787)1ESE*SN.+\\+'1I7H2"+.^\B,@GP6EM>R@(K1#^RKT>X-X+K$I:7P9D MJ1JW%U0;:M2A@SY4*F1G*#4J3U"C]!75^HJOKSKH#<#5`>*^[_A@02=P@^X& M!DX1JL[SNLCR.`.1F^L^:;NJ^@F$NREU>3BG<*A=R_Y6Z8K!$?\E`.[U&J// MG^%7%'"@.OVCC^.V+&R+PL[,=_5:-&8SSWY^=*VIFA37-F<`4]QY00>KU0:W M9L&_>)RG+-H=RDF*PHS6A,H]#,A4=@S&7'+Q"NR'FX0"V5MKTLS#`9&V.81C M'J&48%BCT#XW=08CKE^;D?*_D4U,Z_D+'2^S:.,J;ZC@FC>-J]:DF>"!X8I#Z`0*F65+(P9A) MNLCY7<(DO_>UIP#UFX'Y9BM;#T90904Q,]5SYB=:H^_*&"JMH=+<2;BK%([# M1U@NN@W;200PW@%[)ZT%L48*QO6A%=LLUK4,Y>[**D@S=1YL];CD# M^BAI+40E1[8W[]B\QD0!W]1N`^`@(8^U@SN-R',EYW(99Y.-%T/?37EL_D1V M]M.1^Y/93Z&ZR2)6=>$-2/("G?5$W0(@2X/:*N%7^0BTZQ?L#(06U4_H58G" M0"XQ4C3:8#&,[#.+UK6TRPZ7J`PUS0OKUK(8.;2EA=KP%A2"@/A`+3C,91:T M4!<+5AUGZV%(@)]&CZIV[CQPAWE8& M/G_K"H;@0] MSG:5C)=-&W;.*8G/T2-+P>8WY$U&?L?96QH54PZ?I_'%!DRYR'=/ZX&:BK9:UQ40@R3MUQJYE5?8V%$0-JV3UHK M15U>CZC#])@&=/NC;`/#^;3!,V^,4NY5)8BB-$:U*.K(?H^0EW944V)^YNZ. MQ_KO2?8%[RBOUE&.KU9?<(SQEKV(^%KL8;?GHN70_8W3XNXRQMCU<&"V6TTT M?F2TY@4KM=V54"EV0Y>]F M/;%`0-WI=@3\^(R6B>FZTJ'1$>Z@KV3QN<7T(L-1OL\>4!\EJ$1KT!):T MEQ%56[(&K!Q8F@2`OOLG@3EW[*E[G;(PNG[:2+3K-9R@&$)?<+5ZF]PG,4[C M7-\/J`OW^@!982#ZB=5[]/U*@R;<4RA8-$_0+DKB,-BE:6T!L_1M(B:56$Y$ M*)4%[\`"]^EJ4VZ8:OMRZKROLCA)V0DH3?F3`!TZ).0TCAP"WD.RY=B-)(#H:V/+H],VMF[#55%LS!.#4'>[D".;"MS%0$I#8 MLHW%A#90(F*WL>UI\0S>UUC8!81RNQ>B'[^2"?F8K6DAK>FD_&(ZC.[K8Y(2 M6J?'ZW64X379Q#B3]UBJPH-.2EP8C,D`^G9(?F6;*,DE8"R^[`'R_HA$#!+ M=3Z@V=%L`LZ60!N>Y<^!`+37-`*(#C^H&*1E.1%,VQKF`RK5A;,,QWR,_SG* MKK+K@@T6?V-[9C_CC/OY/H"MA&I@&PJY`M[(#/Q"=!NS2I:8*UHT9NI`*^T/&*7<7,)Q$78KEG$A9X^6&6#88]HG74(W*DEKYJR8^F4$/8B50E0 M`G*=H(&25+TYL0Y2?1*%Q))N@TDI,?C"*OB73D&*]9:N0'#-J9:?[XLU'2?_ M`\=*B,L*"]$^+`P*_+YZSS&2Q)PY)X0*AGT,CWQR%#7E>&Q4_AI40"3%@I1( MJA93<:HO)Z>7V()WV'D*=&2FW#`G"FS*`>UHHC0 M@4/MJ!8H]>RLS7=8R\1:1V089R>("R.:74T&['%I26LP!R>[9$L2?? M:K%=6RK7]Z-/!!A&GM(<&?-Z1;+$.,[9U;PF\YB&Q1MOJ2ONS`FU`=AAGY$M M-5,,5"PNV!1F)2#R"Z$?>+& M<)`03]MBEWCT-IL`4-Q%#",+;,[3R-/T8% M6^GV>+4R7Q?MID748]AH@>2QN5UOO8MU%8S);JFYYP'88M/@EU4[(E'F),;! M0N$YS!5*_8EMG>:CB<=.T+XBGM@RZ#`Y+RA;DN8D1P%QGMEBUM%.3I>9.^55 MPJ]B'O:SO0>'KK-YX$[S2A5P!]?5JF%ANS"_LR6$:Q0$GY_H/MP`TU69'DP[ MDJ`M:.=[V2&F&M_;TVW>D*?'V9)R]Z1M2O>+';KZK*YB,#GV<:#=O#7/CK,U M)4?^F[3F\%A]M]9\#1T5]72;M^7KXVS+U^/;\O6,W?L7O,3)/3^=D`4FY?F$ MN=T!MTXZJL\U4H($<`6[])[E+JV M)W"HSYP^8Q/E>;)*EKP^K.+GR^5^N]^PU;FRVV0N]AD[TEMY*Z"*LW!76AW;`27Y"2.A>%S)E>_8%[GSU%6/-YD49I'2Q[@O7EL M/Q&<`&`OV$1!YH+.GL_4%.R(RM*JVF=9*5M4OR+^@:#().73G)@S+RL`> MQ/D)7_"N.37Q&J<)R=[BV_X%'^I"#;C%A9P!+E(+"W*%!370I8*+PS,6:99/ M$7M\@OB5?7/#7MF@Q.;S]^$O*M^E@%SCC#3(BRQ9%JKM4LHR#0F$99PY(-`* M2P&Y`34#9'*+PZ.@]L*H&Y%8?/,^[@7%N["7ZO.%#MCU3THSHT!R*D#)^;<.%NF(>2Q:YAW#%C1@P?&[*$N3]$Y\&[6Z4.,FQ86)BY$`D7!4,BS^*UE=P2=T^:EX-954'XP4H&?8]-3;,*.<+VP"L9Z7RK"(JA'].+T;/Q:SW4= M1Z-IW(NLU4)P$N>W>9%%R^&P3?RXYS0.CX'P5RNT=2(&>RXD)DQ`V1$)#)N# M%A)@5/15Q5"M2XH@V]7BH<'!'4]?N6U;MQP1^EH_F#TE-:[=-3[*M.'G]%G7 MRS6.]QM\M7H?)1D_-_8\SW'!UHY_2*+;9,-WD7[D]P_C^"K]PG:6LA7E;Z(\ MR6_8RO,;_%"\V0SO"_6BN_K4P+H=F0=:&\A$F8^*J1@/;V]1RO.Q54L#JE6@ MJ$#,5G5..DE1A!JEB&N=U[GX80&9`'Q=KP9JINT2/=0_`'=:IS_K8^9979=\ M2+O9L]T39HYSE):!B[34`N8,K>SZ<7MCJF#FX.PU+]BRXGU1;>(B*W3+1+AG MBTLAOF>DVC#2W$\2BOL:AT6AHQH-#)E+LE(H=CXCZA2`FY$?_,$K+'4LAG(# M5Z*5`W,>&DM^W(6943,'8:)K41=G[D!Y'2KZRJ5F'BG9`TC(?XNVE3%>HT+, M<2.[0;/Z0Y+BRP)O^YGH4;(6[&[)3L#PQMK4+.\;=F5Z5Y\-VYDDXJ)'0/DA MLBQI+VQP>^HW:FSIW[,?@`MHIKX^1X]F8P6MQ(#N"@DPDDMM@,]IF=LT8[5: MRR*0B5Z;]A>2TJB!9%24"HL)J+$U#>C`4N(6]@`0=]KM/@YSZ57A*D!$3`AQ MJ6`Z#A_(E.3>_4`SC`P]V]%RF>9%MB]O'=?W"!J!88<@%8"CIL2$S^Y`;=*0 MFRHE76;2DL$P3X<`,?$,VDA*.XFLA'5*2Y.`SD=WH#'GCKA>9_"!I'>O*".V M''RH)15RKP".37V?``;.,'J$7PB)OR6;C3K7)RPU\/V]4F#%APYJ>&IOTQE,6. MCXD;M2AI]=OL-MY:,RNVJG6C7:7\!*W8NH=[IC\4QP3+$DD```Q->;``8$@6 M68"]0WB4]Q)0`]9M8K;W\S8'NE]VZ7[=IGNC''UNZ-Y:YA1R5'\\'L!@O!"^ M"PAC)/);E"4,DO7FG7=I48=M;8\YJ],;9LY-C-MBU_. M/UY<_2'GIUHV&]RHE[H@:4XV2