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Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2014
Basis of Presentation  
Schedule of certain items reclassified as discontinued operations

 

 

 

 

March 31,

 

(In thousands of dollars)

 

2013

 

Items reclassified as discontinued operations

 

 

 

Revenue

 

 

 

Net interest income

 

$

632

 

Total revenues:

 

632

 

Expenses

 

 

 

Compensation expense

 

1,520

 

Professional fees

 

388

 

Occupancy expense

 

591

 

Goodwill and intangible asset impairment

 

(1)

Communications and data processing

 

165

 

Other

 

157

 

Total expenses:

 

2,821

 

 

 

 

 

Net items reclassified to discontinued operations

 

$

2,189

 

 

(1)  Impairment of intangible assets of $0.6 million for the three months ended March 31, 2013, recognized in connection with the Company’s exits from ClearPoint is recorded as restructuring expense and included within discontinued operations (Note 15 and Note 16).