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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Investment gains, net $ 1,267 $ 1,233 $ 2,996
Fees and other 666 849 1,066
Total revenue: 1,933 2,082 4,062
Expenses      
Compensation and benefits 9,098 13,053 12,017
Professional fees 11,184 9,643 4,503
Settlement of arbitration and other claims (Refer to Note 17) 3,146    
Communications and data processing 1,181 1,935 2,105
Occupancy, depreciation and amortization 1,349 1,577 1,346
Other 3,584 2,880 3,262
Total expenses 29,542 29,088 23,233
Loss from continuing operations before income taxes and discontinued operations (27,609) (27,006) (19,171)
Income tax (benefit)/expense (1,082) 22,940 (7,422)
Loss from continuing operations (26,527) (49,946) (11,749)
Loss from discontinued operations, net of taxes (Refer to Note 22) (73,005) (27,744) (70,375)
Net loss $ (99,532) $ (77,690) $ (82,124)
Basic loss per share:      
Continuing operations (in dollars per share) $ (4.33) $ (8.40) $ (1.90)
Discontinued operations (in dollars per share) $ (11.93) $ (4.66) $ (11.40)
Net loss per share (in dollars per share) $ (16.26) $ (13.06) $ (13.30)
Diluted loss per share:      
Continuing operations (in dollars per share) $ (4.33) $ (8.40) $ (1.90)
Discontinued operations (in dollars per share) $ (11.93) $ (4.66) $ (11.40)
Net loss per share (in dollars per share) $ (16.26) $ (13.06) $ (13.30)
Weighted average shares of common stock:      
Basic (in shares) 6,120 5,949 6,172
Diluted (in shares) 6,120 5,949 6,172