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Fair Value (Tables)
 12 Months Ended
Dec. 31, 2015
Fair Value [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present information about the Company’s assets and liabilities by major categories measured at fair value on a recurring basis as of December 31, 2015 and 2014 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2015 (in thousands)

   Quoted Prices in Active   Significant Other   Significant   Balance as of 
   Markets for Identical    Observable   Observable   December 31, 
Assets
 
Assets (Level 1)
  
Inputs (Level 2)
  
Inputs (Level 3)
  
2015
 
Cash equivalents
 
$
13,538
  
$
-
  
$
-
  
$
13,538
 
Investments in securities:
                
AFS - Common stocks
  
32,607
   
-
   
-
   
32,607
 
Trading - Common stocks
  
368
   
-
   
-
   
368
 
Total investments in securities
  
32,975
   
-
   
-
   
32,975
 
Total assets at fair value
 
$
46,513
  
$
-
  
$
-
  
$
46,513
 
Liabilities
                
Securities sold, not yet purchased:                
Trading - Common stocks
 
$
129
  
$
-
  
$
-
  
$
129
 
Total securities sold, not yet purchased
 
$
129
  
$
-
  
$
-
  
$
129
 

During the year ended December 31, 2015, there were no transfers between any Level 1 and Level 2 holdings, or between Level 1 and Level 3 holdings.
 
Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014 (in thousands)

 Quoted Prices in Active  Significant Other  Significant  Balance as of 
  Markets for Identical   Observable  Observable   December 31, 
Assets
 
Assets (Level 1)
  
Inputs (Level 2)
  
Inputs (Level 3)
  
2014
 
Cash equivalents
 
$
12,467
  
$
-
  
$
-
  
$
12,467
 
Investments in securities:
                
AFS - Common stocks
  
38,942
   
-
   
-
   
38,942
 
Trading - Common stocks
  
-
   
-
   
-
   
-
 
Total investments in securities
  
38,942
   
-
   
-
   
38,942
 
Total assets at fair value
 
$
51,409
  
$
-
  
$
-
  
$
51,409
 
Liabilities
                
Securities sold, not yet purchased:
                
Trading - Common stocks
 
$
-
  
$
-
  
$
-
  
$
-
 
Total securities sold, not yet purchased
 
$
-
  
$
-
  
$
-
  
$
-
 

During the year ended December 31, 2014, there were no transfers between any Level 1 and Level 2 holdings, or between Level 1 and Level 3 holdings.

Other than certain securities which were part of the Spin-off, the Company did not hold any Level 2 or 3 securities at either December 31, 2015 or December 31, 2014.