Short-Term Borrowings and Other Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule of Debt

As of December 31, 2013 and 2012, short term borrowings and other debt of the Company were as follows:

	As of December 31,
	2013		2012
	(dollars in thousands)
Notes payable	$	41	$	206
Capital lease obligations	2,523		3,926
	$	2,564	$	4,132

Schedule of Letters of Credit

As of December 31, 2013, the Company has the following five irrevocable letters of credit related to leased office space, for which there is cash collateral pledged, which the Company pays a fee on the stated amount of the letter of credit.

Location	Amount		Maturity
	(dollars in thousands)
San Francisco	$	82	May 2014
New York	$	1,191	September 2014
New York	$	6,746	December 2014
New York	$	1,000	February 2014
New York	$	1,861	March 2014

Schedule of Maturities of Long-term Debt and Future Minimum Lease Payments for Capital Leases

Annual scheduled maturities of debt and minimum lease payments for capital lease obligation and short term borrowings and other debt outstanding as of December 31, 2013, are as follows:

	Capital Lease Obligation			Notes payable
	(dollars in thousands)
2014	$	1,402		$	46
2015	1,051			—
2016	194			—
2017	—			—
2018	—			—
Thereafter	—			—
Subtotal	2,647			46
Less: Amount representing interest (a)	(124		)	(5		)
Total	$	2,523		$	41

(a) Amount necessary to reduce net minimum lease payments to present value calculated at the Company's implicit rate at lease inception.