Counterparty Risk (Tables)

12 Months Ended

Dec. 31, 2016

% Of Total Deposits With Dealers Held As Collateral

The following table details the percentage of collateral amounts held by dealers who hold greater than 15% of the Company's Due from Brokers, included as of December 31, 2016:



Dealer		% of Total Due from Brokers
Morgan Stanley		18%

% Of Total Receivable For Securities Sold

The following table details the percentage of amounts held by dealers who hold greater than 15% of the Company's Receivable for securities sold as of December 31, 2016:



Dealer		% of Total Receivable for Securities Sold
Bank of America Securities		25%
Barclays Capital Inc.		21%

Schedule of Cash and Cash Equivalents [Table Text Block]

In addition, the Company held cash and cash equivalents of $123.3 million and $183.9 million as of December 31, 2016 and 2015, respectively. The below table details the concentration of cash and cash equivalents held by each counterparty:



	As of
Counterparty	December 31, 2016	December 31, 2015
BlackRock Liquidity Funds FedFund Portfolio	41%	—%
Bank of New York Mellon Corporation	27%	13%
Goldman Sachs Financial Square Funds - Government Fund	16%	—%
Morgan Stanley Institutional Liquidity Fund - Government Portfolio	16%	—%
BlackRock Liquidity Funds TempFund Portfolio	—%	54%
JPMorgan Prime Money Market Fund	—%	27%
JPMorgan U.S. Treasury Plus Money Market Fund	—%	6%