Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations- Summary of revenue and expenses (Details)

v3.19.3
Discontinued Operations- Summary of revenue and expenses (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2018
Discontinued Operations    
Revenue $ 58,520 $ 165,061
Operating expenses    
Commissions, compensation and fees 48,556 141,462
Clearing fees 451 1,772
Communications 856 2,429
Occupancy 738 2,834
Licenses and registration 861 2,028
Professional fees 1,076 3,047
Interest 26 30
Underwriting costs 43 230
Depreciation and amortization 871 2,587
Other administrative expenses 1,726 5,839
Total operating expenses 55,204 162,258
Loss from operations 3,316 2,803
Other income (expenses)    
Interest income   6
Interest expense and financing fees 429 1,195
Change in fair value of derivative liabilities (12) (8,045)
Other income   69
Other expenses (146)  
Total other income (expenses) 271 (6,775)
Income (loss) from discontinued operations before income taxes 3,587 (3,972)
Income tax expense 944 2,382
Income (loss) from discontinued operations 2,643 (6,354)
Total income (loss) from discontinued operations $ 2,643 $ (6,354)