Note 16 - ASC 606 Revenue from Contracts with Customers

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

16.

ASC

606

Revenue from contracts with customers

The following tables represent the Company's total revenues from contracts with customers, disaggregated by major business activity, for

the years ended

December 31, 2019

and

2018

, respectively

.

(in thousands)	Year Ended December 31, 2019
	Broker -Dealer			Asset Management				Total Asset Management		Corporate Costs		Eliminations			Total
				Asset Management Fee Income		Investment Income
Total revenues from contracts with customers
Equity and debt origination	$	42,236		$	-	$	-	$	-	$	-	$	-		$	42,236
Strategic advisory and private placements		23,480			-		-		-		-		-			23,480
Total investment banking revenues		65,716			-		-		-		-		-			65,716
Commissions		12,062			-		-		-		-		-			12,062
Research payments		5,671			-		-		-		-		-			5,671
Net trading losses		(105	)		-		-		-		-		-			(105	)
Total brokerage revenues		17,628			-		-		-		-		-			17,628
Base management fees		-			7,573		-		7,573		-		(1,083	)		6,490
Incentive management fees		-			676		261		937		-		-			937
Total asset management fees		-			8,249		261		8,510		-		(1,083	)		7,427
Total revenues from contracts with customers	$	83,344		$	8,249	$	261	$	8,510	$	-	$	(1,083	)	$	90,771

(in thousands)	Year Ended December 31, 2018
	Broker -Dealer			Asset Management				Total Asset Management		Corporate Costs		Eliminations			Total
				Asset Management Fee Income		Investment Income
Total revenues from contracts with customers
Equity and debt origination	$	54,660		$	-	$	-	$	-	$	-	$	-		$	54,660
Strategic advisory and private placements		33,447			-		-		-		-		-			33,447
Total investment banking revenues		88,107			-		-		-		-		-			88,107
Commissions		15,578			-		-		-		-		-			15,578
Research payments		5,741			-		-		-		-		-			5,741
Net trading losses		(609	)		-		-		-		-		-			(609	)
Total brokerage revenues		20,710			-		-		-		-		-			20,710
Base management fees		-			17,534		-		17,534		-		(4,785	)		12,749
Incentive management fees		-			1,327		5,318		6,645		-		(246	)		6,399
Total asset management fees		-			18,861		5,318		24,179		-		(5,031	)		19,148
Total revenues from contracts with customers	$	108,817		$	18,861	$	5,318	$	24,179	$	-	$	(5,031	)	$	127,965