XML 103 R88.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information - Reported Revenue and Profit Before Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue                      
Total revenue $ (264,973) $ (226,220) $ (215,884) $ (213,261) $ (218,945) $ (211,804) $ (212,074) $ (214,956) $ (920,338) $ (857,779) $ (897,801)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations $ 16,570 $ 11,828 $ (1,637) $ (7,025) $ (7,496) $ (1,810) $ (5,246) $ (7,340) 19,736 (21,892) (2,428)
Private Client Division                      
Revenue                      
Total revenue [1]                 (592,753) (504,192) (521,526)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations [1]                 $ 128,840 $ 66,072 $ 59,016
Asset management fees                 90.00% 77.50% 77.50%
Asset Management                      
Revenue                      
Total revenue [1]                 $ (89,896) $ (92,852) $ (97,121)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations [1]                 $ 26,685 $ 31,412 $ 33,133
Asset management fees                 10.00% 22.50% 22.50%
Capital markets                      
Revenue                      
Total revenue                 $ (231,632) $ (254,933) $ (279,589)
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations                 (39,978) (17,713) 5,167
Corporate/Other                      
Revenue                      
Total revenue                 (6,057) (5,802) 435
Income (loss) before income taxes                      
Income (loss) before income taxes from continuing operations                 $ (95,811) $ (101,663) $ (99,744)
[1] Clients investing in the OAM advisory program are charged fees based on the value of assets under management. Advisory fees were allocated 22.5% to the Asset Management and 77.5% to the Private Client segments.