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Goodwill and Intangibles (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Disclosure
The following table presents the changes in the Company's goodwill balance, by reporting unit for the years ended December 31, 2016, 2015, and 2014:
 
Alternative Investment
 
Broker-
Dealer
 
Total
 
(dollars in thousands)
Beginning balance - December 31, 2014
 
 
 
 
 
Goodwill
$
30,228

 
$
24,363

 
$
54,591

Accumulated impairment charges
(10,200
)
 
(9,485
)
 
(19,685
)
Net
20,028

 
14,878

 
34,906

 
 
 
 
 
 
Activity: 2015
 
 
 
 
 
Recognized goodwill

 
23,455

 
23,455

Goodwill impairment charges

 

 

 
 
 
 
 
 
Ending balance: December 31, 2015
 
 
 
 
 
Goodwill
30,228

 
47,818

 
78,046

Accumulated impairment charges
(10,200
)
 
(9,485
)
 
(19,685
)
Net
20,028

 
38,333

 
58,361

 
 
 
 
 
 
Activity: 2016
 
 
 
 
 
Recognized goodwill

 
3,519

 
3,519

Goodwill allocated to disposal group
(1,202
)
 

 
(1,202
)
Goodwill impairment charges

 

 

 
 
 
 
 
 
Ending balance: December 31, 2016
 
 
 
 
 
Goodwill
29,026

 
51,337

 
80,363

Accumulated impairment charges
(10,200
)
 
(9,485
)
 
(19,685
)
Net
$
18,826

 
$
41,852

 
$
60,678

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated future amortization expense for the Company's intangible assets as of December 31, 2016 is as follows:
 
(dollars in thousands)
2017
$
4,681

2018
3,688

2019
2,929

2020
2,733

2021
2,674

Thereafter
9,064

 
$
25,769

Intangible Assets Disclosure
 
 
 
December 31, 2016
 
December 31, 2015
 
Amortization
Period
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
(in years)
 
(in thousands)
 
(in thousands)
Investment contracts
5

 
$

 
$

 
$

 
$
3,900

 
$
(3,900
)
 
$

Trade names
1 - 7.5

 
9,962

 
(9,689
)
 
273

 
9,712

 
(8,897
)
 
815

Customer relationships
3 - 14

 
33,874

 
(12,948
)
 
20,926

 
29,484

 
(10,338
)
 
19,146

Customer contracts
1.2

 
800

 
(800
)
 

 
800

 
(800
)
 

Non compete agreements and covenants with limiting conditions acquired
3 - 5

 
2,268

 
(818
)
 
1,450

 
1,831

 
(172
)
 
1,659

Intellectual property
3 - 10

 
8,283

 
(5,163
)
 
3,120

 
8,237

 
(4,194
)
 
4,043

 
 

 
$
55,187

 
$
(29,418
)
 
$
25,769

 
$
53,964

 
$
(28,301
)
 
$
25,663