Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the Company's income tax expense for the years ended December 31, 2013 , 2012 and 2011 are as follows:

	Year ended December 31,
	2013		2012			2011
	(dollars in thousands)
Continued Operations
Current tax expense/(benefit)
Federal	$	—	$	—		$	—
State and local	241		(133		)	560
Foreign	188		569			897
Total	$	429	$	436		$	1,457
Deferred tax expense/(benefit)
Federal	$	—	$	8		$	2
State and local	—		2			(6		)
Foreign	28		2			(21,526		)
Total	28		12			(21,530		)
Total Tax expense/(benefit)	$	457	$	448		$	(20,073	)
Discontinued Operations
Current tax expense/(benefit)
Federal	$	—	$	—		$	—
State and local	—		—			(5		)
Foreign	—		—			(424		)
Total	$	—	$	—		$	(429	)
Deferred tax expense/(benefit)
Federal	$	—	$	—		$	—
State and local	—		—			—
Foreign	—		—			—
Total	—		—			—
Total Tax expense/(benefit)	$	—	$	—		$	(429	)
Total
Current tax expense/(benefit)
Federal	$	—	$	—		$	—
State and local	241		(133		)	555
Foreign	188		569			473
Total	$	429	$	436		$	1,028
Deferred tax expense/(benefit)
Federal	$	—	$	8		$	2
State and local	—		2			(6		)
Foreign	28		2			(21,526		)
Total	28		12			(21,530		)
Total Tax expense/(benefit)	$	457	$	448		$	(20,502	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The reconciliations of the Company's federal statutory rate to the effective income tax rate for the years ended December 31, 2013, 2012, and 2011 are as follows:

	2013		2012		2011
Pre-tax loss at U.S. statutory rate	35.0	%	35.0	%	35.0	%
Stock compensation	12.6		(28.1	)	—
Change in valuation allowance	(27.2	)	(7.6	)	(33.3	)
Deferred asset recognition	—		—		11.5
Bargain purchase price	—		—		6.3
Minority interest reversal	(25.2	)	(0.1	)	1.7
Other, net	7.3		(1.1	)	(4.5	)
Total	2.5	%	(1.9	)%	16.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of the Company's deferred tax assets and liabilities as of December 31, 2013 and 2012 are as follows:

	2013			2012
	(dollars in thousands)
Deferred tax assets, net of valuation allowance
Net operating loss	$	130,562		$	135,108
Deferred compensation	22,538			23,373
Unrealized losses on investments	—			4,450
Goodwill	9,937			10,885
Legal reserves	—			803
Foreign tax credits	1,820			1,756
Acquired lease liability	3,336			1,036
Other	4,842			3,532
Total deferred tax assets	173,035			180,943
Valuation allowance	(148,816		)	(161,181		)
Deferred tax assets, net of valuation allowance	24,219			19,762
Deferred tax liabilities
Basis difference on investments	(15,352		)	(15,351		)
Unrealized gains on investments	(6,354		)	—
Fixed assets	(761		)	(1,405		)
Intangible assets	(1,177		)	(1,230		)
Other	(602		)	(1,766		)
Total deferred tax liabilities	(24,246		)	(19,752		)
Deferred tax assets, net	$	(27	)	$	10

Summary of Operating Loss Carryforwards [Table Text Block]

The Company has the following net operating loss carryforwards at December 31, 2013:

	Federal		New York		Hong Kong
Jurisdiction:
Net operating loss (in millions)	$	323	$	390	$	14
Year of expiration	2033		2033		Indefinite