Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following is a summary of revenue and expenses of OMHHF for the three and six months ended June 30, 2017 and 2016:

(Expressed in thousands)
	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2017		2016			2017		2016
REVENUE
Interest	$	2	$	472		$	5	$	809
Principal transactions, net	—		(1,541		)	—		(6,628		)
Gain on sale of assets	—		14,916			—		14,916
Other (1)	109		4,070			1,104		12,558
Total revenue	111		17,917			1,109		21,655
EXPENSES
Compensation and related expenses	6		734			17		3,652
Communications and technology	4		60			12		161
Occupancy and equipment costs	—		287			—		362
Interest	—		159			—		380
Other	12		1,311			15		2,391
Total expenses	22		2,551			44		6,946
Income before income taxes	$	89	$	15,366		$	1,065	$	14,709
Income attributable to noncontrolling interest before income taxes	$	15	$	2,508		$	174	$	2,401

(1) Other revenue for the three and six months ended June 30, 2017 was primarily due to an earn-out from the sale of the Company's pipeline business in 2016.

The following is a summary of cash flows of OMHHF for the six months ended June 30, 2017 and 2016:

(Expressed in thousands)
	For the Six Months Ended June 30,
	2017			2016
Cash provided by operating activities	$	4,231		$	5,624
Cash provided by investing activities	—			43,252
Cash used in financing activities (1)(2)	(10,035		)	(124		)
Net (decrease) increase in cash and cash equivalents	$	(5,804	)	$	48,752