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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ 12,005 $ (1,977)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 421 264
Provision for credit losses 255 33
Share based payments 416 0
Effect of foreign currency on operations 5 (44)
Non-cash interest 73 0
Deferred income taxes 5,499 (1,410)
Income allocated to mandatorily redeemable noncontrolling interests and redeemable noncontrolling interests 1,116 1,281
Change in operating assets and liabilities:    
Accounts receivable and advances against customer contracts (439) (2,621)
Lease finance receivable 0 107
Due from related party (1,310) (288)
Securities owned 4,273 (1,110)
Goods held for sale or auction 52 9,058
Prepaid expenses and other assets (1,414) (459)
Accounts payable and accrued expenses 9,218 (2,531)
Securities sold, not yet purchased 7,311 5,567
Auction and liquidation proceeds payable (665) 0
Net cash provided by operating activities 36,816 5,870
Cash flows from investing activities:    
Acquisition of MK Capital, net of cash acquired of $49 (2,451) 0
Purchases of property and equipment (171) (42)
Proceeds from sale of property and equipment 4 0
Decrease in note receivable - related party 0 1,200
Cash acquired in acquisition of B. Riley & Co., Inc. 0 2,491
Decrease in restricted cash 7,155 243
Net cash provided by investing activities 4,537 3,892
Cash flows from financing activities:    
Repayment of asset based credit facility (18,506) (5,710)
Proceeds from revolving line of credit 71 $ 1,019
Proceeds from note payable - related party 4,500  
Repayment of note payable - related party $ (4,500)  
Repayment of notes payable and long-term debt   $ (30,925)
Proceeds from issuance of common stock   $ 51,240
Dividends paid $ (978)  
Distribution to mandatorily redeemable noncontrolling interests (1,421) $ (1,249)
Net cash (used in) provided by financing activities (20,834) 14,375
Increase in cash and cash equivalents 20,519 24,137
Effect of foreign currency on cash 9 39
Net increase in cash and cash equivalents 20,528 24,176
Cash and cash equivalents, beginning of period 21,600 18,867
Cash and cash equivalents, end of period 42,128 43,043
Supplemental disclosures:    
Interest paid 413 1,107
Taxes paid $ 695 $ 2