Annual report pursuant to Section 13 and 15(d)

Discontinued Operations- Summary of revenue and expenses (Detail)

v3.19.1
Discontinued Operations- Summary of revenue and expenses (Detail) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue                 $ 210,980 $ 170,339
Operating expenses                    
Commissions, compensation and fees                 182,127 155,187
Clearing fees                 2,400 2,343
Communications                 3,260 2,767
Occupancy                 3,755 4,286
Licenses and registration                 2,735 1,726
Professional fees                 4,306 4,531
Interest                 97 14
Depreciation and amortization                 1,551 2,089
Other administrative expenses                 8,165 8,808
Total operating expenses                 208,396 181,751
Gain (loss) from operations                 2,584 (11,412)
Other income (expenses)                    
Change in fair value of derivative liabilities                 0 304
Interest expense and financing fees                 0 1,827
Change in fair value of warrants                 (13,018) 8,455
Other income                 153 16
Total other (expenses) income                 (12,865) 10,602
Loss from discontinued operations before income taxes                 (10,281) (810)
Income tax expense                 3,188 1,513
Loss from discontinued operations                 (13,469) (2,323)
Total loss from discontinued operations, net of tax $ (7,116) $ 2,648 $ (6,924) $ (2,077) $ (1,212) $ (3,961) $ (184) $ 3,034 (11,136) (2,323)
National Investment [Member]                    
Other income (expenses)                    
Gain from disposal of National                 $ 2,333 $ 0