Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations- Summary of revenue and expenses (Details)

v3.19.2
Discontinued Operations- Summary of revenue and expenses (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2018
Discontinued Operations    
Revenue $ 57,019 $ 106,541
Operating expenses    
Commissions, compensation and fees 49,345 92,906
Clearing fees 578 1,321
Communications 813 1,573
Occupancy 1,141 2,096
Licenses and registration 530 1,167
Professional fees 578 1,971
Underwriting costs 42 187
Interest 2 4
Depreciation and amortization 857 1,716
Other administrative expenses 2,332 4,113
Total operating expenses 56,218 107,054
Loss from operations 801 (513)
Other income (expenses)    
Interest income   6
Interest expense and financing fees 446 766
Change in fair value of derivative liabilities (6,945) (8,033)
Other income 215 215
Total other expenses (6,284) (7,046)
Loss from discontinued operations before income taxes (5,483) (7,559)
Income tax expense 1,438 1,438
Loss from discontinued operations (6,921) (8,997)
Total loss from discontinued operations $ (6,921) $ (8,997)