Sales of Businesses (Tables)

6 Months Ended

Jun. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Summary of Balance Sheet and Results of Operations of Discontinued Operations

The revenues and results of operations of discontinued operations are summarized as follows (in thousands):

	For the three months ended June 30, 2014			For the six months ended June 30, 2014
Additional Loss on Sale	$	(1	)	$	(1,313	)
Expenses:
Compensation	$	126		$	171
Other expenses	(19		)	645
Total Expenses	107			816
Loss from discontinued operations	(108		)	(2,129		)
Income tax benefit	41			809
Loss from discontinued operations, net of tax	$	(67	)	$	(1,320	)

The KCG Hotspot assets and liabilities held for sale as of December 31, 2014 are summarized as follows (in thousands):

	December 31,
	2014
Assets:
Fixed assets, less accumulated depreciation	$	391
Intangible assets, net accumulated amortization	34,696
Other assets	5,397
Total assets of business held for sale	$	40,484
Liabilities:
Accrued compensation expense	$	2,298
Accrued expenses and other liabilities	58
Total liabilities of business held for sale	$	2,356