XML 60 R46.htm IDEA: XBRL DOCUMENT v3.4.0.3
Compensation (Details Textual)
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 08, 2016
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2013
Mar. 17, 2015
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Allocated Share-based Compensation Expense   $ 343,000 $ 332,000 [1]    
Share-based Compensation, Total   $ 343,000 261,000    
Employee Retention Notification Period   60 days      
Restructuring and Related Cost, Number of Positions Eliminated 22        
Severance Costs   $ 642,000 $ 0    
Share Based Compensation Estimated Forfeiture Percentage Due To Reduction In Work Force   17.20%      
Share Based Compensation Estimated Forfeiture Percentage Due To Change In Management Estimation 4.40%        
Retention Bonus [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Deferred Compensation Arrangement with Individual, Distributions Paid   $ 900,000      
Minimum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share Based Compensation Estimated Forfeiture Percentage   8.00%      
Maximum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share Based Compensation Estimated Forfeiture Percentage   29.60%      
Retention Payment Plan [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Retention Payment Plan Description   The Retention Payment Plan applies to approximately 60 employees of ZAIS Group who have an annual base salary of less than $300,000.      
Payments to Employees   $ 4,500,000      
Severance Costs   707,000      
Increase In Estimated Forfeiture Of Share Based Compensation Due To Reduction In Compensation And Benefits Amount   $ (983,000)      
Class B-O Units [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares         1,600,000
Share Based Compensation Estimated Forfeiture Percentage   29.60%      
Stock or Unit Option Plan Expense   $ 5,000,000      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term   11 months 16 days      
Share-based Compensation, Total   $ 269,000      
Restricted Stock Units (RSUs) [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Allocated Share-based Compensation Expense   $ 74,000      
Share Based Compensation Estimated Forfeiture Percentage   0.00%      
Restricted Stock or Unit Expense   $ 24,000      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms   29 days      
ZAIS Group, LLC [Member] | Income Unit Plan [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage       85.00%  
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period       30 days  
Bonus Agreement [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Bonus Award Percentage   30.00%      
[1] Subsequent to the filing of the 10-Q for the three months ended March 31, 2015, the Company elected to early adopt ASU 2015-02 with an effective date of January 1, 2015. As a result of this adoption, all of the ZAIS Managed Entities which were consolidated in the 10-Q for the three months ended March 31, 2015 were deconsolidated. The March 31, 2015 figures above reflect the consolidated results of the Company for the three months ended March 31, 2015, subsequent to the adoption of ASU 2015-02.