Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 149,355	$ 163,235
Securities borrowed	550,210	453,296
Securities purchased under agreements to resell	5,031	14,981
Receivables from broker dealers and clearing organizations	1,349,364	476,536
Trading assets, at fair value:
Financial instruments owned	1,246,350	1,038,039
Financial instruments owned and pledged	429,172	259,175
Property, equipment and capitalized software (net of accumulated depreciation of $108,550 and $98,595 as of June 30, 2016 and December 31, 2015, respectively)	32,166	37,501
Goodwill	715,379	715,379
Intangibles (net of accumulated amortization)	1,097	1,203
Deferred tax asset	188,492	193,740
Other assets ($6,430 and $5,984, at fair value, as of June 30, 2016 and December 31, 2015, respectively)	38,659	38,845
Total assets	4,705,275	3,391,930
Liabilities
Short term borrowings	68,000	45,000
Securities loaned	955,662	524,603
Payables to broker dealers and clearing organizations	408,063	486,604
Trading liabilities, at fair value:
Financial instruments sold, not yet purchased	1,924,024	979,090
Tax receivable agreement obligations	218,399	218,399
Accounts payable and accrued expenses and other liabilities	92,637	86,775
Senior secured credit facility	491,917	493,589
Total liabilities	4,158,702	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	137,957	130,902
Retained Earnings	3,512	3,525
Accumulated other comprehensive income	454	99
Total stockholders' equity	138,105	130,708
Noncontrolling interest	408,468	427,162
Total equity	546,573	557,870
Total liabilities and equity	4,705,275	3,391,930
Class D
Stockholders' Equity
Common stock value	$ 1	$ 1