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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Increase (Decrease) in Deposit Assets $ 28,716 $ 3,717
Cash flows from operating activities    
Net income (loss) 6,709 (4,751)
Non-cash items included in net income (loss):    
Depreciation and amortization of furniture, equipment and leasehold improvements 1,542 1,432
Deferred income taxes 3,043 807
Amortization of notes receivable 3,205 2,782
Amortization of debt issuance costs 65 121
Provision for (reversal of) credit losses 40 (33)
Share-based compensation 1,484 739
Decrease (increase) in operating assets:    
Receivable from brokers, dealers and clearing organizations 15,985 (17,651)
Receivable from customers (33,755) 17,335
Income tax receivable (193) (2,511)
Securities purchased under agreements to resell 658 20,110
Securities owned (73,030) (292,599)
Notes receivable (5,071) (6,491)
Other assets 21,391 (5,860)
Increase (decrease) in operating liabilities:    
Drafts payable (21,419) (6,445)
Payable to brokers, dealers and clearing organizations 43,643 (46,185)
Payable to customers 59,178 54,402
Securities sold under agreements to repurchase (10,461) 78,006
Securities sold but not yet purchased 53,400 214,422
Accrued compensation (69,340) (49,200)
Accounts payable and other liabilities 4,099 3,301
Cash used in operating activities (27,543) (41,986)
Cash flows from investing activities    
Purchase of furniture, equipment and leasehold improvements (2,696) (1,550)
Payments to Acquire Intangible Assets (400) 0
Cash used in investing activities (3,096) (1,550)
Cash flows from financing activities    
Cash dividends paid on Class A non-voting and Class B voting common stock (1,456) (1,480)
Cash dividends paid to non-controlling interest 0 (816)
Repurchase of Class A non-voting common stock for cancellation 0 (4,357)
Payments for employee taxes withheld related to vested share-based awards (2,444) (2,203)
Increase in bank call loans, net 29,100 49,900
Cash provided by financing activities 25,200 41,044
Net decrease in cash and cash equivalents (5,439) (2,492)
Cash and cash equivalents, beginning of period 48,154 64,913
Cash and cash equivalents, end of period 42,715 62,421
Schedule of non-cash financing activities    
Employee share plan issuance 37 3,857
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 12,578 2,023
Cash paid during the period for income taxes, net $ 100 $ 503