Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 44,048	$ 15,867
Cash and cash equivalents segregated for regulatory purposes	27,014	25,011
Receivables:
Customers	49,751	9,658
Brokers, dealers and clearing organizations	325,408	161,009
Securities purchased under agreements to resell	231,051	308,165
Financial instruments and other inventory positions owned	482,187	507,794
Financial instruments and other inventory positions owned and pledged as collateral	608,171	1,108,567
Total financial instruments and other inventory positions owned	1,090,358	1,616,361
Fixed assets (net of accumulated depreciation and amortization of $50,761 and $47,327, respectively)	18,784	18,171
Goodwill	219,423	211,878
Intangible assets (net of accumulated amortization of $46,460 and $41,141, respectively)	26,939	30,658
Investments	158,885	126,840
Other assets	107,401	100,299
Total assets	2,299,062	2,623,917
Liabilities and Shareholders’ Equity
Short-term financing	415,747	377,767
Variable rate senior notes	125,000	125,000
Payables:
Customers	49,349	13,328
Brokers, dealers and clearing organizations	95,348	25,564
Securities sold under agreements to repurchase	43,888	102,646
Financial instruments and other inventory positions sold, but not yet purchased	389,375	738,124
Accrued compensation	175,220	228,877
Other liabilities and accrued expenses	172,540	43,151
Total liabilities	1,466,467	1,654,457
Shareholders’ equity:
Common stock, $0.01 par value: Shares authorized: 100,000,000 at September 30, 2015 and December 31, 2014; Shares issued: 19,510,858 at September 30, 2015 and 19,523,371 at December 31, 2014; Shares outstanding: 13,947,210 at September 30, 2015 and 15,265,420 at December 31, 2014	195	195
Additional paid-in capital	751,280	735,415
Retained earnings	265,867	227,065
Less common stock held in treasury, at cost: 5,563,648 at September 30, 2015 and 4,257,951 shares at December 31, 2014	(222,008)	(143,140)
Accumulated other comprehensive income	51	377
Total common shareholders’ equity	795,385	819,912
Noncontrolling interests	37,210	149,548
Total shareholders’ equity	832,595	969,460
Total liabilities and shareholders’ equity	$ 2,299,062	$ 2,623,917