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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Advisory revenues $ 48,455 $ 81,447
Investment revenues (losses) (4,886) (1,856)
Total revenues 43,569 79,591
Expenses    
Employee compensation and benefits 28,843 42,183
Occupancy and equipment rental 4,314 4,320
Depreciation and amortization 813 1,727
Information services 2,029 2,065
Professional fees 1,178 1,114
Travel related expenses 3,016 3,244
Interest expense 265 281
Other operating expenses 2,747 2,984
Total expenses 43,205 57,918
Income before taxes 364 21,673
Provision for taxes 126 8,055
Consolidated net income 238 13,618
Less: Net income allocated to noncontrolling interests 0 0
Net income allocated to common stockholders $ 238 $ 13,618
Average shares outstanding:    
Basic (shares) 30,061,596 30,171,840
Diluted (shares) 30,167,907 30,260,963
Earnings per share:    
Basic (usd per share) $ 0.01 $ 0.45
Diluted (usd per share) $ 0.01 $ 0.45
Dividends declared and paid per share (usd per share) $ 0.45 $ 0.45