Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 181,415	$ 163,235
Securities borrowed	220,005	453,296
Securities purchased under agreements to resell		14,981
Receivables from broker dealers and clearing organizations	448,728	476,536
Trading assets, at fair value:
Financial instruments owned	1,683,999	1,038,039
Financial instruments owned and pledged	143,883	259,175
Property, equipment and capitalized software (net of accumulated depreciation of $113,184 and $98,595 as of December 31, 2016 and 2015, respectively)	29,660	37,501
Goodwill	715,379	715,379
Intangibles (net of accumulated amortization)	992	1,203
Deferred tax asset	193,859	193,740
Other assets ($36,480 and $5,984, at fair value, as of December 31, 2016 and 2015, respectively)	74,470	38,845
Total assets	3,692,390	3,391,930
Liabilities
Short term borrowings	25,000	45,000
Securities loaned	222,203	524,603
Payables to broker dealers and clearing organizations	695,978	486,604
Trading liabilities, at fair value:
Financial instruments sold, not yet purchased	1,349,155	979,090
Tax receivable agreement obligations	231,404	218,399
Accounts payable and accrued expenses and other liabilities	69,281	86,775
Long-term borrowings	564,957	493,589
Total liabilities	3,157,978	2,834,060
Stockholders' Equity
Treasury stock, at cost, 453,066 and 169,649 shares at December 31, 2016 and 2015, respectively	(8,358)	(3,819)
Additional paid-in capital	155,536	130,902
Retained Earnings	(1,254)	3,525
Accumulated other comprehensive income	(252)	99
Total stockholders' equity	145,673	130,708
Noncontrolling interest	388,739	427,162
Total equity	534,412	557,870
Total liabilities and equity	3,692,390	3,391,930
Class D
Stockholders' Equity
Common stock value	$ 1	$ 1