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RULE S-X 3-10 STATEMENT OF OPERATIONS (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Management & Incentive fees $ 19,815,000 $ 21,614,000    
Interest income from investments 933,000 2,607,000    
Total net revenues 39,738,000 26,977,000    
Employee compensation and benefits 9,514,000 8,564,000    
Share-based compensation 2,381,000 1,680,000    
Professional Fees 2,072,000 1,926,000    
General and administrative expenses 2,517,000 2,297,000    
Depreciation and amortization 1,296,000 2,409,000    
Impairment of intangible assets 531,000 281,000 $ 1,800,000  
Interest expense 1,957,000 494,000    
Operating Expenses 29,076,000 19,663,000    
Net gain (loss) on investments 271,000 1,193,000    
Net gain (loss) on liabilities (364,000) (713,000)    
Net gain (loss) on investments in subsidiaries 0 0 0 $ 0
Other Nonoperating Income (Expense) (4,877,000) 1,455,000    
Income (loss) before income taxes 5,785,000 8,769,000    
Income Tax Expense (Benefit) (1,278,000) (3,087,000) $ 25,239,000 22,158,000
Net income (loss) 4,507,000 5,682,000  
Net Income (Loss) Attributable to Parent 4,505,000 5,428,000    
Consolidated Entities        
Interest income 18,990,000 2,756,000    
Interest expense 8,420,000 744,000    
Operating Expenses 388,000 1,268,000    
Net gain (loss) on investments 2,600,000 2,797,000    
Net gain (loss) on liabilities (7,384,000) (2,260,000)    
Net Gain (Loss) on other investments and derivatives 0 438,000    
Net gain (loss) on investments in subsidiaries 0 0    
Net Income (Loss) Attributable to Noncontrolling Interest (2,000) (254,000)  
Parent Company [Member]        
Management & Incentive fees 0 0 $ 0 0
Interest income from investments 0 0 0 0
Interest income   0 0 0
Total net revenues 0 0 0 0
Employee compensation and benefits 0 0 0 0
Share-based compensation 130,000 0 0 0
Professional Fees 308,000 0 50,000 0
General and administrative expenses 132,000 0 0 0
Depreciation and amortization 0 0 0 0
Impairment of intangible assets 0 0 0  
Interest expense 0 0 0 0
Operating Expenses 570,000 0 50,000 0
Net gain (loss) on investments 0 0 0 0
Net gain (loss) on liabilities 0 0 0 0
Net gain (loss) on investments in subsidiaries (5,075,000) 0 0 0
Other Nonoperating Income (Expense) 5,075,000 0 0 0
Income (loss) before income taxes 4,505,000 0 (50,000) 0
Income Tax Expense (Benefit) 0 0 0 0
Net income (loss) 4,505,000 0 (50,000) 0
Net Income (Loss) Attributable to Parent 4,505,000 0 (50,000) 0
Parent Company [Member] | Consolidated Entities        
Interest income 0      
Interest expense 0 0 0 0
Operating Expenses 0 0 0 0
Net gain (loss) on investments 0 0 0 0
Net gain (loss) on liabilities 0 0 0 0
Net Gain (Loss) on other investments and derivatives   0 0 0
Net gain (loss) on investments in subsidiaries 5,075,000 0 0 0
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Subsidiary Issuer [Member]        
Management & Incentive fees 0 0 0 0
Interest income from investments 744,000 0 0 1,000
Interest income   0 0 0
Total net revenues 744,000 0 0 1,000
Employee compensation and benefits 0 0 0 0
Share-based compensation 130,000 142,000 299,000 274,000
Professional Fees 885,000 1,078,000 6,411,000 3,964,000
General and administrative expenses 644,000 958,000 3,392,000 3,523,000
Depreciation and amortization 839,000 1,821,000 5,543,000 8,512,000
Impairment of intangible assets 0 281,000 1,501,000  
Interest expense 1,957,000 494,000 3,808,000 3,915,000
Operating Expenses 4,455,000 4,774,000 20,954,000 20,188,000
Net gain (loss) on investments 0 0 0 0
Net gain (loss) on liabilities 0 0 0 0
Net gain (loss) on investments in subsidiaries (5,859,000) (13,289,000) (46,577,000) (50,726,000)
Other Nonoperating Income (Expense) 5,859,000 13,289,000 46,577,000 50,726,000
Income (loss) before income taxes 2,148,000 8,515,000 25,623,000 30,539,000
Income Tax Expense (Benefit) (1,278,000) (3,087,000) 25,239,000 22,158,000
Net income (loss) 870,000 5,428,000 384,000 8,381,000
Net Income (Loss) Attributable to Parent 870,000 5,428,000 384,000 8,381,000
Subsidiary Issuer [Member] | Consolidated Entities        
Interest income 0      
Interest expense 0 0 0 0
Operating Expenses 0 0 0 0
Net gain (loss) on investments 0 0 0 0
Net gain (loss) on liabilities 0 0 0 0
Net Gain (Loss) on other investments and derivatives   0 0 0
Net gain (loss) on investments in subsidiaries 5,859,000 13,289,000 46,577,000 50,726,000
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Guarantor Subsidiaries [Member]        
Management & Incentive fees 21,521,000 21,833,000 96,765,000 84,201,000
Interest income from investments 3,217,000 2,736,000 6,564,000 10,341,000
Total net revenues 24,738,000 25,392,000 104,152,000 96,929,000
Employee compensation and benefits 9,514,000 8,564,000 32,027,000 28,805,000
Share-based compensation 2,121,000 1,538,000 5,251,000 2,418,000
Professional Fees 879,000 848,000 3,474,000 3,295,000
General and administrative expenses 1,741,000 1,339,000 6,530,000 7,163,000
Depreciation and amortization 457,000 588,000 2,234,000 2,909,000
Impairment of intangible assets 531,000 0 327,000  
Interest expense 744,000 0 0 321,000
Operating Expenses 15,987,000 13,123,000 50,090,000 46,361,000
Net gain (loss) on investments 1,677,000 939,000 (6,071,000) 3,664,000
Net gain (loss) on liabilities (364,000) (713,000) $ (2,210,000) (2,932,000)
Net gain (loss) on investments in subsidiaries (871,000) 0 0
Other Nonoperating Income (Expense) 2,184,000 1,022,000 $ (7,485,000) 158,000
Income (loss) before income taxes 10,935,000 13,291,000 46,577,000 50,726,000
Income Tax Expense (Benefit) 0 0 0 0
Net income (loss) 10,935,000 13,291,000 46,577,000 50,726,000
Net Income (Loss) Attributable to Parent 10,935,000 13,291,000 46,577,000 50,726,000
Guarantor Subsidiaries [Member] | Consolidated Entities        
Interest income 0 823,000 823,000 2,387,000
Interest expense 0 231,000 232,000 425,000
Operating Expenses 0 15,000 15,000 1,025,000
Net gain (loss) on investments 0 796,000 796,000 (803,000)
Net gain (loss) on liabilities 0 0 0 0
Net Gain (Loss) on other investments and derivatives   0 0 0
Net gain (loss) on investments in subsidiaries 871,000 0 0 0
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Non-Guarantor Subsidiaries [Member]        
Management & Incentive fees 0 0 0 0
Interest income from investments 0 0 0 0
Interest income   1,933,000 24,283,000 514,865,000
Total net revenues 18,990,000 1,933,000 24,283,000 514,865,000
Employee compensation and benefits 0 0 0 0
Share-based compensation 0 0 0 0
Professional Fees 0 0 0 0
General and administrative expenses 0 0 0 0
Depreciation and amortization 0 0 0 0
Impairment of intangible assets 0 0 0  
Interest expense 0 0 0 0
Operating Expenses 10,689,000 1,985,000 25,287,000 289,896,000
Net gain (loss) on investments 0 0 0 0
Net gain (loss) on liabilities 0 0 0 0
Net gain (loss) on investments in subsidiaries 0 0 0 0
Other Nonoperating Income (Expense) (7,887,000) 613,000 2,207,000 (244,066,000)
Income (loss) before income taxes 414,000 561,000 1,203,000 (19,097,000)
Income Tax Expense (Benefit) 0 0 0 0
Net income (loss) 414,000 561,000 1,203,000 (19,097,000)
Net Income (Loss) Attributable to Parent 0 0 0 0
Non-Guarantor Subsidiaries [Member] | Consolidated Entities        
Interest income 18,990,000      
Interest expense 8,595,000 513,000 9,839,000 171,513,000
Operating Expenses 2,094,000 1,472,000 15,448,000 118,383,000
Net gain (loss) on investments 2,600,000 2,001,000 (26,910,000) (227,974,000)
Net gain (loss) on liabilities (10,487,000) (1,826,000) 26,147,000 (18,123,000)
Net Gain (Loss) on other investments and derivatives   438,000 2,970,000 2,031,000
Net gain (loss) on investments in subsidiaries 0 0 0 0
Net Income (Loss) Attributable to Noncontrolling Interest (414,000) (561,000) (1,203,000) 19,097,000
Consolidation, Eliminations [Member]        
Management & Incentive fees (1,706,000) (219,000) (4,686,000) (79,333,000)
Interest income from investments (3,028,000) (129,000) (1,231,000) (9,552,000)
Total net revenues (4,734,000) (348,000) (5,917,000) (88,885,000)
Employee compensation and benefits 0 0 0 0
Share-based compensation 0 0 0 0
Professional Fees 0 0 0 0
General and administrative expenses 0 0 0 0
Depreciation and amortization 0 0 0 0
Impairment of intangible assets 0 0 0  
Interest expense (744,000) 0 0 0
Operating Expenses (2,625,000) (219,000) (4,856,000) (79,341,000)
Net gain (loss) on investments (1,406,000) 254,000 1,890,000 (1,190,000)
Net gain (loss) on liabilities 0 0 0 0
Net gain (loss) on investments in subsidiaries 11,805,000 13,289,000 46,577,000 50,726,000
Other Nonoperating Income (Expense) (10,108,000) (13,469,000) (46,088,000) (42,789,000)
Income (loss) before income taxes (12,217,000) (13,598,000) (47,149,000) (52,333,000)
Income Tax Expense (Benefit) 0 0 0 0
Net income (loss) (12,217,000) (13,598,000) (47,149,000) (52,333,000)
Net Income (Loss) Attributable to Parent (11,805,000) (13,291,000) (46,577,000) (50,726,000)
Consolidation, Eliminations [Member] | Consolidated Entities        
Interest income 0 0 0 0
Interest expense (175,000) 0 (167,000) (7,000)
Operating Expenses (1,706,000) (219,000) (4,689,000) (79,334,000)
Net gain (loss) on investments 0 0 0 0
Net gain (loss) on liabilities 3,103,000 (434,000) (1,401,000) 9,127,000
Net Gain (Loss) on other investments and derivatives   0 0 0
Net gain (loss) on investments in subsidiaries (11,805,000) (13,289,000) (46,577,000) (50,726,000)
Net Income (Loss) Attributable to Noncontrolling Interest $ 412,000 $ 307,000 $ 572,000 $ 1,607,000