CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Assets
Cash and cash equivalents	$ 51,353	$ 44,868
Cash and securities segregated for regulatory and other purposes	6,000	13,000
Receivables from:
Brokers, dealers and clearing organizations	9,173	12,824
Related parties	856	1,474
Others	908	12,563
Financial instruments owned, at fair value (includes financial instruments pledged of $0 and $1,095,431 at December 31, 2013 and 2012, respectively)	664	1,096,181
Investments	18,889	20,478
Office equipment and leasehold improvements, net	115	5,311
Goodwill		1,212
Intangible assets		5,303
Income taxes receivable	4,116	7,062
Other assets	3,890	9,030
Total Assets	95,964	1,229,306
Payables to:
Brokers, dealers and clearing organizations		638,009
Related parties	475	2,944
Others	1,868	2,251
Securities sold under agreements to repurchase	0	159,386
Securities sold, but not yet purchased, at fair value		132,730
Secured borrowings		64,908
Restructuring reserve	2,491	108
Accrued compensation	1,907	34,199
Accounts payable and accrued expenses	1,629	9,426
Income taxes payable	3,331	3,755
Subordinated debt	409	595
Total Liabilities	12,110	1,048,311
Commitments and Contingencies (Refer to Note 17)
Stockholders' Equity
Common stock; $.01 par value; authorized 10,000,000 shares, issued 6,688,387 and 6,688,387 shares; and outstanding 6,174,990 and 6,221,959 shares, at December 31, 2013 and 2012, respectively	1,337	1,337
Additional paid-in capital	455,910	453,938
Deferred compensation	101	124
Accumulated deficit	(363,109)	(263,577)
Treasury stock, at cost (513,397 shares and 466,428 shares, at December 31, 2013 and December 31, 2012, respectively)	(10,385)	(10,827)
Total Stockholders' Equity	83,854	180,995
Total Liabilities and Stockholders' Equity	$ 95,964	$ 1,229,306