Consolidated Statements of Operations and Comprehensive Income / (Loss) (Unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues
Net trading	$ 19,951	$ 16,240	$ 37,642	$ 43,514
Asset management	4,608	5,255	9,545	11,225
New issue and advisory	189	1,131	1,266	1,240
Principal transactions and other income	289	831	(4,656)	(208)
Total revenues	25,037	23,457	43,797	55,771
Operating expenses
Compensation and benefits	17,053	21,433	33,327	43,421
Business development, occupancy, equipment	1,276	1,835	2,450	3,274
Subscriptions, clearing, and execution	2,899	2,727	5,972	5,542
Professional fees and other operating	2,636	5,137	5,687	9,152
Depreciation and amortization	343	503	734	973
Total operating expenses	24,207	31,635	48,170	62,362
Operating income / (loss)	830	(8,178)	(4,373)	(6,591)
Non-operating income / (expense)
Interest expense, net	(1,104)	(1,447)	(2,319)	(2,929)
Gain on repurchase of debt			3
Other income / (expense)	(4,357)		(4,357)
Income / (loss) from equity method affiliates	1,526	4,435	2,042	4,530
Income/ (loss) before income tax expense / (benefit)	(3,105)	(5,190)	(9,004)	(4,990)
Income tax expense / (benefit)	63	(133)	54	(346)
Net income / (loss)	(3,168)	(5,057)	(9,058)	(4,644)
Less: Net income / (loss) attributable to the non-controlling interest	(1,090)	(1,686)	(3,121)	(1,648)
Net income / (loss) attributable to IFMI	(2,078)	(3,371)	(5,937)	(2,996)
Income / (loss) per common share-basic:
Income / (loss) per common share	$ (0.19)	$ (0.31)	$ (0.56)	$ (0.28)
Weighted average shares outstanding-basic	10,756,257	10,901,448	10,600,004	10,860,702
Income / (loss) per common share-diluted:
Income / (loss) per common share	$ (0.19)	$ (0.31)	$ (0.56)	$ (0.28)
Weighted average shares outstanding-diluted	16,008,259	16,185,004	15,852,006	16,144,258
Dividends declared per common share	$ 0.02	$ 0.05	$ 0.04	$ 0.10
Comprehensive income / (loss):
Net income / (loss)	(3,168)	(5,057)	(9,058)	(4,644)
Other comprehensive income / (loss) item:
Foreign currency translation adjustments, net of tax of $0	(229)	(8)	(40)	354
Other comprehensive income / (loss), net of tax of $0	(229)	(8)	(40)	354
Comprehensive income	(3,397)	(5,065)	(9,098)	(4,290)
Less: comprehensive income (loss) attributable to the non-controlling interest	(1,183)	(1,688)	(3,151)	(1,528)
Comprehensive income / (loss) attributable to IFMI	$ (2,214)	$ (3,377)	$ (5,947)	$ (2,762)