Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Cash and cash equivalents	$ 49,630	$ 70,927
Restricted cash	1,287	61,881
Investment banking fees receivable	9,066	6,647
Marketable securities owned (includes $73,101 and $18,874 at fair value at December 31, 2019 and 2018, respectively)	73,101	18,874
Other investments (includes $14,206 and $9,913 measured at fair value at December 31, 2019 and 2018, respectively)	35,309	16,124
Loans held for investment, net of allowance for loan losses	1,210	29,608
Loans collateralizing asset-backed securities issued, net of allowance for loan losses		1,161,463
Interest receivable	502	3,004
Fixed assets, net	4,267	2,351
Operating lease right-of-use asset	19,632
Other assets	36,253	20,363
Total assets	230,257	1,391,242
Liabilities:
Marketable securities sold, but not yet purchased, at fair value	3,855	4,626
Accrued compensation	30,253	41,609
Asset-backed securities issued (net of debt issuance costs of $8,979 at December 31, 2018)		1,112,342
Interest payable	520	11,210
Note payable	6,812	829
CLO warehouse credit facilities		22,500
Bond payable (net of debt issuance costs of $3,416 and $2,428 at December 31, 2019 and 2018, respectively)	82,584	83,497
Operating lease liability	25,394
Other liabilities	19,478	17,423
Total liabilities	168,896	1,294,036
Commitments and Contingencies (Footnote 19)
JMP Group LLC Shareholders' Equity
Common shares, $0.001 par value, 100,000,000 shares authorized; 22,797,092 and 22,780,052 shares issued at December 31, 2019 and 2018, respectively; 19,509,349 and 21,319,720 shares outstanding at December 31, 2019 and 2018, respectively	23	23
Additional paid-in capital	133,894	134,129
Treasury shares at cost, 3,287,743 and 1,460,332 shares at December 31, 2019 and 2018, respectively	(14,872)	(7,932)
Accumulated other comprehensive loss	(4,769)
Accumulated deficit	(52,588)	(42,513)
Total JMP Group LLC shareholders' equity	61,688	83,707
Nonredeemable Non-controlling Interest	(327)	13,499
Total equity	61,361	97,206
Total liabilities and equity	$ 230,257	$ 1,391,242