Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 148,514	$ 163,235
Securities borrowed	654,065	453,296
Securities purchased under agreements to resell		14,981
Receivables from broker dealers and clearing organizations	629,911	476,536
Trading assets, at fair value:
Financial instruments owned	1,276,022	1,038,039
Financial instruments owned and pledged	247,652	259,175
Property, equipment and capitalized software (net of accumulated depreciation of $103,418 and $98,595 as of March 31, 2016 and December 31, 2015, respectively)	33,017	37,501
Goodwill	715,379	715,379
Intangibles (net of accumulated amortization)	1,150	1,203
Deferred tax asset	191,238	193,740
Other assets ($6,250 and $5,984, at fair value, as of March 31, 2016 and December 31, 2015, respectively)	38,421	38,845
Total assets	3,935,369	3,391,930
Liabilities
Short term borrowings	32,000	45,000
Securities loaned	690,672	524,603
Payables to broker dealers and clearing organizations	435,958	486,604
Trading liabilities, at fair value:
Financial instruments sold, not yet purchased	1,411,609	979,090
Tax receivable agreement obligations	218,399	218,399
Accounts payable and accrued expenses and other liabilities	89,364	86,775
Senior secured credit facility	492,782	493,589
Total liabilities	3,370,784	2,834,060
Stockholders' Equity
Treasury stock, at cost, 169,649 and 169,649 shares at March 31, 2016 and December 31, 2015, respectively	(3,819)	(3,819)
Additional paid-in capital	134,385	130,902
Retained Earnings	4,495	3,525
Accumulated other comprehensive income	800	99
Total stockholders' equity	135,862	130,708
Noncontrolling interest	428,723	427,162
Total equity	564,585	557,870
Total liabilities and equity	3,935,369	3,391,930
Class D
Stockholders' Equity
Common stock value	$ 1	$ 1