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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 798,712,000 $ 427,631,000
Cash and cash equivalents segregated under federal and other regulations 216,442,000 0
Financial instruments owned, at fair value, including securities pledged to counterparties that had the right to deliver or repledge of $961,479 at September 30, 2013 and $52,261 at December 31, 2012:    
Equities 2,156,466,000 378,933,000
Listed options 288,227,000 92,305,000
Debt securities 79,284,000 183,637,000
Total financial instruments owned, at fair value 2,523,977,000 654,875,000
Collateralized agreements:    
Securities borrowed 1,370,921,000 52,261,000
Receivable from brokers, dealers and clearing organizations 1,330,113,000 142,969,000
Fixed assets and leasehold improvements, less accumulated depreciation and amortization 161,865,000 83,341,000
Investments 125,889,000 248,438,000
Goodwill 18,398,000 4,645,000
Intangible assets, less accumulated amortization 192,045,000 46,123,000
Deferred tax asset 169,619,000 4,180,000
Assets within discontinued operations 6,098,299,000 0
Other assets 287,015,000 23,073,000
Total assets 13,293,295,000 1,687,536,000
Financial instruments sold, not yet purchased, at fair value:    
Equities 1,848,728,000 423,740,000
Listed options 229,722,000 69,757,000
Debt securities 79,057,000 19,056,000
Other financial instruments 5,431,000 0
Total financial instruments sold, not yet purchased, at fair value 2,162,938,000 512,553,000
Collateralized financings:    
Securities loaned 543,451,000 0
Financial instruments sold under agreements to repurchase 595,029,000 0
Total collateralized financings 1,138,480,000 0
Payable to brokers, dealers and clearing organizations 666,178,000 24,185,000
Payable to customers 486,136,000 0
Accrued compensation expense 130,158,000 27,728,000
Accrued expenses and other liabilities 220,648,000 118,068,000
Capital lease obligations 12,453,000 24,191,000
Liabilities within discontinued operations 6,006,024,000 0
Short-term debt 235,000,000 0
Long-term debt 722,259,000 15,000,000
Total liabilities 11,780,274,000 721,725,000
Redeemable preferred member's equity 0 311,139,000
Members' equity 0 654,672,000
Equity    
Additional paid-in capital 1,299,907,000 0
Retained earnings 226,837,000 0
Treasury stock, at cost; 928 shares at September 30, 2013 (9,811,000) 0
Accumulated other comprehensive loss (5,147,000) 0
Total equity 1,513,021,000 654,672,000
Total liabilities, redeemable preferred member's equity and equity 13,293,295,000 1,687,536,000
Common Class A [Member]
   
Equity    
Shares authorized: 1,000,000 at September 30, 2013; Shares issued: 123,515 at September 30, 2013; Shares outstanding: 122,587 at September 30, 2013 $ 1,235,000 $ 0