Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following is a summary of revenue and expenses of OMHHF for the years ended December 31, 2017, 2016 and 2015:

(Expressed in thousands)
	For the Years Ended December 31,
	2017		2016			2015
REVENUE
Interest	$	8	$	943		$	1,999
Principal transactions, net	—		(9,022		)	5,323
Gain on sale of assets	—		16,475			—
Other (1)	2,165		16,917			23,262
Total revenue	2,173		25,313			30,584
EXPENSES
Compensation and related expenses	18		4,311			12,406
Communications and technology	27		221			361
Occupancy and equipment costs	—		415			302
Interest	12		408			994
Other	45		2,619			7,382
Total expenses	102		7,974			21,445
Income before income taxes	$	2,071	$	17,339		$	9,139
Income attributable to noncontrolling interest before income taxes	$	338	$	2,830		$	1,491

(1) Other revenue for the year ended December 31, 2017 was primarily due to an earn-out from the sale of OMHHF's pipeline business in 2016.

The following is a summary of cash flows of OMHHF for the years ended December 31, 2017, 2016 and 2015:

(Expressed in thousands)
	For the Years Ended December 31,
	2017			2016			2015
Cash provided by (used in) operating activities	$	5,721		$	(14,097	)	$	3,322
Cash provided by investing activities	—			45,448			—
Cash used in financing activities (1) (2)	(20,035		)	(35,421		)	(249		)
Net (decrease) increase in cash and cash equivalents	$	(14,314	)	$	(4,070	)	$	3,073

(1) Includes cash dividends paid to OMHHF's parent (E.A. Viner International Co.) and noncontrolling interest of $12.6 million and $2.4 million, respectively, for the year ended December 31, 2017 ($29.4 million and $5.7 million, respectively, for the year ended December 31, 2016.)

(2) Includes $5.0 million paid to OMHHF's parent due to redemption of the parent's outstanding preferred stock for the year ended December 31, 2017.