Business Combinations (Tables)

12 Months Ended

Dec. 31, 2012

RangeMark

Business Combinations

Schedule of value assigned to net assets acquired

Condensed Statement of Net Assets Acquired (In thousands of dollars)	November 7, 2012
Assets
Receivables	$	106
Intangible assets*		1,530
Other assets		40
Total assets acquired	$	1,676
Liabilities
Accrued expenses and other liabilities	$	538
Total liabilities assumed	$	538
Net assets acquired	$	1,138
Purchase price (present value)		2,350
Goodwill resulting from transaction	$	1,212

*

Consists primarily of intellectual property and the trade name with estimated useful lives of 5 years and 10 years, respectively.

ClearPoint

Business Combinations

Schedule of value assigned to net assets acquired

Condensed Statement of Net Asset Acquired (In thousands)	January 3, 2011
Assets
Cash and cash equivalents	$	876
Loans		45,726
Derivative assets		1,117
Intangible assets*		803
Other assets		3,994
Total assets acquired	$	52,516
Liabilities
Secured borrowings	$	44,339
Accrued expenses and other liabilities		5,597
Total liabilities assumed	$	49,936
Net assets acquired	$	2,580

*

Consists primarily of customer relationships with an estimated useful life of 8 years.

Schedule of unaudited prior period pro forma information

Unaudited Pro Forma Condensed Combined Financial Information (In thousands)	Year Ended December 31, 2010
Net revenues	$	281,482
Total expenses (excluding interest)		(314,310	)
Loss from continuing operations before income taxes and discontinued operations		(32,828	)
Income tax benefit		(12,765	)
Loss from continuing operations	$	(20,063	)