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Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Net trading $ 31,026 $ 28,056 $ 38,528
Asset management 9,682 14,496 19,239
New issue and advisory 5,370 5,219 6,418
Principal transactions and other income 78 7,979 (6,668)
Total revenues 46,156 55,750 57,517
Operating expenses      
Compensation and benefits 28,028 29,764 47,167
Business development, occupancy, equipment 3,388 3,896 5,817
Subscriptions, clearing, and execution 7,164 8,516 10,822
Professional fees and other operating 8,504 9,062 13,410
Depreciation and amortization 733 1,103 1,405
Impairment of goodwill/intangible asset   3,121  
Total operating expenses 47,817 55,462 78,621
Operating income / (loss) (1,661) 288 (21,104)
Non-operating income / (expense)      
Interest expense, net (3,922) (4,401) (4,193)
Other income / (expense)     (15)
Income / (loss) from equity method affiliates   27 1,828
Income/ (loss) before income tax expense / (benefit) (5,583) (4,086) (23,484)
Income tax expense / (benefit) 85 (414) (3,565)
Net income / (loss) (5,668) (3,672) (19,919)
Less: Net income / (loss) attributable to the non-controlling interest (1,589) (1,087) (6,601)
Net income / (loss) attributable to IFMI $ (4,079) $ (2,585) $ (13,318)
Income / (loss) per share data (see Note 24):      
Basic Income / (loss) per common share $ (0.28) $ (0.17) $ (1.08)
Weighted average shares outstanding-basic 14,790,828 14,998,620 12,340,468
Diluted Income / (loss) per common share $ (0.28) $ (0.17) $ (1.08)
Weighted average shares outstanding-diluted 20,114,918 20,322,750 17,664,558
Dividends declared per common share $ 0.08 $ 0.08 $ 0.08
Comprehensive income / (loss):      
Net income / (loss) $ (5,668) $ (3,672) $ (19,919)
Other comprehensive income / (loss) item:      
Foreign currency translation adjustments, net of tax of $0 (219) (168) (30)
Other comprehensive income / (loss), net of tax of $0 (219) (168) (30)
Comprehensive income / (loss) (5,887) (3,840) (19,949)
Less: comprehensive income / (loss) attributable to the non-controlling interest (1,647) (1,129) (6,617)
Comprehensive income / (loss) attributable to IFMI $ (4,240) $ (2,711) $ (13,332)