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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2013
Goodwill and Intangible Assets  
Schedule of goodwill

(In thousands of dollars)

 

 

 

Goodwill — RangeMark acquisition

 

 

 

Balance at December 31, 2012

 

$

1,212

 

Increases/(decreases)

 

 

Balance at March 31, 2013

 

$

1,212

 

Schedule of intangible assets

(In thousands of dollars)

 

March 31,
2013

 

December 31,
2012

 

Intangible assets (amortizable):

 

 

 

 

 

MBS & Rates segment — Customer relationships

 

 

 

 

 

Gross carrying amount

 

$

641

 

$

641

 

Accumulated amortization

 

(476

)

(463

)

Net carrying amount

 

165

 

178

 

RangeMark — Intellectual Property

 

 

 

 

 

Gross carrying amount

 

1,050

 

1,050

 

Accumulated amortization

 

(87

)

(35

)

Net carrying amount

 

963

 

1,015

 

RangeMark — Trade Name

 

 

 

 

 

Gross carrying amount

 

480

 

480

 

Accumulated amortization

 

(20

)

(8

)

Net carrying amount

 

460

 

472

 

Credit Products segment - Customer relationships

 

 

 

 

 

Gross carrying amount

 

795

 

795

 

Accumulated amortization

 

(795

)

(768

)

Net carrying amount

 

 

27

 

Investment Banking segment — Trade name

 

 

 

 

 

Gross carrying amount

 

4,066

 

4,066

 

Accumulated amortization

 

(1,103

)

(1,057

)

Net carrying amount

 

2,963

 

3,009

 

ClearPoint segment — Customer relationships

 

 

 

 

 

Gross carrying amount

 

803

 

803

 

Accumulated amortization

 

(216

)

(201

)

Impairment of intangible asset — February 22, 2013

 

(587

)

 

Net carrying amount

 

 

602

 

Total Intangible assets

 

$

4,551

 

$

5,303

 

Schedule of future amortization expense

(In thousands of dollars)

 

 

 

2013 (remaining)

 

$

371

 

2014

 

495

 

2015

 

495

 

2016

 

459

 

2017

 

406

 

Thereafter

 

2,325

 

Total

 

$

4,551