Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes

Schedule Of Components Of Income Tax Expense Benefit

	Years Ended December 31,
	2012		2011		2010
Federal
Current	$	18,142	$	17,820	$	17,729
Deferred		(21,167)		6,867		(2,409)
		(3,025)		24,687		15,320
State, Local and Foreign
Current		15,441		10,559		12,288
Deferred		(5,633)		1,968		(1,756)
		9,808		12,527		10,532
Total Provision	$	6,783	$	37,214	$	25,852

Schedule Of Deferred Tax Assets And Liabilities

	At December 31,
	2012		2011
Deferred Tax Assets
Unearned and deferred compensation	$	17,272	$	12,598
Other		10,832		3,465
		28,104		16,063
Deferred Tax Liabilities
Receivables from affiliates		(13,251)		(14,378)
Investments		(31,598)		(45,812)
Other		(583)		-
		(45,432)		(60,190)
Net Deferred Tax Liability	$	(17,328)	$	(44,127)

Schedule Of Effective Income Tax Rate Reconciliation

	Years Ended December 31,
	2012			2011			2010
Pre-tax (loss) income from taxable subsidiaries	$	(412)		$	78,561		$	49,253
Federal provision at statutory tax rate (35%)		(144)	35.0%		27,496	35.0%		17,238	35.0%
State and local taxes, net of federal benefit		616	(149.5%)		7,409	9.4%		4,303	8.7%
Amortization of intangible assets		465	(112.9%)		486	0.6%		854	1.7%
Other		1,069	(261.2%)		272	0.4%		264	0.6%
Tax provision — taxable subsidiaries		2,006	(488.6%)		35,663	45.4%		22,659	46.0%
Other state, local and foreign taxes		4,777			1,551			3,193
Total provision	$	6,783		$	37,214		$	25,852