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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Statement of Cash Flows [Abstract]    
Net Income (Loss) Attributable to Parent $ 27,518 $ 20,631
Non-cash items included in net income:    
Depreciation and amortization of furniture, equipment and leasehold improvements 5,575 4,999
Deferred income taxes 422 1,616
Amortization of notes receivable 9,679 9,480
Amortization of debt issuance costs 187 194
Write off of Deferred Debt Issuance Cost 184 0
Provision for credit losses 55 90
Share-based compensation 11,858 11,088
Amortization 19,141 0
Decrease (increase) in operating assets:    
Deposits with clearing organizations 6,052 11,734
Receivable from brokers, dealers and clearing organizations 8,759 (17,916)
Receivable from customers (34,205) 50,385
Income tax receivable (1,319) (556)
Securities purchased under agreements to resell 290 (844)
Securities owned 184,390 31,346
Notes receivable (9,541) (12,238)
Other assets (11,980) 24,465
Increase (decrease) in operating liabilities:    
Drafts payable 1,446 (13,170)
Payable to brokers, dealers and clearing organizations 75,388 7,960
Payable to customers (23,560) (34,157)
Securities sold under agreements to repurchase (230,498) 19,532
Securities sold but not yet purchased 36,434 49,260
Accrued compensation (23,273) (27,899)
Accounts payable and other liabilities (18,001) 5,747
Cash provided by operating activities 22,897 118,279
Cash flows from investing activities    
Purchase of furniture, equipment and leasehold improvements (8,672) (6,654)
Purchase of tangible assets 0 (400)
Proceeds from Insurance Settlement, Investing Activities 1,720 284
Cash used in investing activities (6,952) (6,770)
Cash flows from financing activities    
Cash dividends paid on Class A non-voting and Class B voting common stock (4,408) (4,373)
Proceeds from Issuance of Common Stock 83 70
Repurchase of Class A non-voting common stock for cancellation (8,400) 0
Payments for employee taxes withheld related to vested share-based awards (1,014) (2,529)
Repayments of Secured Debt 50,000 0
Payment for Debt Extinguishment or Debt Prepayment Cost (1,688) 0
Decrease in bank call loans, net (15,000) (115,300)
Cash used in financing activities (80,427) (122,132)
Net decrease in cash and cash equivalents (64,482) (10,623)
Cash and cash equivalents, beginning of period 90,675 48,154
Cash and cash equivalents, end of period 26,193 37,531
Schedule of non-cash financing activities    
Employee share plan issuance 1,484 724
Supplemental disclosure of cash flow information    
Interest Paid, Excluding Capitalized Interest, Operating Activities 37,710 36,500
Cash paid during the period for income taxes, net $ 13,506 $ 7,757