Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 145,999	$ 163,235
Securities borrowed	394,812	453,296
Securities purchased under agreements to resell		14,981
Receivables from broker dealers and clearing organizations	513,292	476,536
Trading assets, at fair value:
Financial instruments owned	1,155,074	1,038,039
Financial instruments owned and pledged	284,894	259,175
Property, equipment and capitalized software (net of accumulated depreciation of $105,011 and $98,595 as of September 30, 2016 and December 31, 2015, respectively)	30,697	37,501
Goodwill	715,379	715,379
Intangibles (net of accumulated amortization)	1,044	1,203
Deferred tax asset	193,721	193,740
Other assets ($46,124 and $5,984, at fair value, as of September 30, 2016 and December 31, 2015, respectively)	78,509	38,845
Total assets	3,513,421	3,391,930
Liabilities
Short term borrowings	17,600	45,000
Securities loaned	481,947	524,603
Payables to broker dealers and clearing organizations	305,256	486,604
Trading liabilities, at fair value:
Financial instruments sold, not yet purchased	1,318,559	979,090
Tax receivable agreement obligations	226,048	218,399
Accounts payable and accrued expenses and other liabilities	94,857	86,775
Senior secured credit facility	526,077	493,589
Total liabilities	2,970,344	2,834,060
Stockholders' Equity
Treasury stock, at cost, 177,631 and 169,649 shares at September 30, 2016 and December 31, 2015, respectively	(3,819)	(3,819)
Additional paid-in capital	142,645	130,902
Retained Earnings	1,160	3,525
Accumulated other comprehensive income	600	99
Total stockholders' equity	140,587	130,708
Noncontrolling interest	402,490	427,162
Total equity	543,077	557,870
Total liabilities and equity	3,513,421	3,391,930
Class D
Stockholders' Equity
Common stock value	$ 1	$ 1