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Fair Value Measurements for Operating Entities and Consolidated Funds Unobservable Input Roll Forward (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Preferred Stock    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value $ 8,115,000 $ 15,811,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 1,415,000 1,732,000
(Sales)/short buys (478,000) (31,000)
Realized and unrealized gains (losses), asset (235,000) (996,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] 486,000 (996,000)
Balance Asset Value 8,817,000 16,516,000
Common Stock    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 7,570,000 10,121,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 310,000 31,000
(Sales)/short buys (133,000) (52,000)
Realized and unrealized gains (losses), asset (347,000) 404,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 412,000 404,000
Balance Asset Value 7,400,000 10,504,000
Convertible Bonds    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 282,000 250,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 0 0
(Sales)/short buys (307,000) 0
Realized and unrealized gains (losses), asset 25,000 0
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 0
Balance Asset Value 0 250,000
Options    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 1,455,000 14,753,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 0 0
(Sales)/short buys (1,455,000) 0
Realized and unrealized gains (losses), asset 0 (7,782,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 (7,782,000)
Balance Asset Value 0 6,971,000
Warrants and Rights    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 2,517,000 3,719,000
Asset, Transfers In 0 451,000 [2]
Asset, Transfers Out 0 0
Purchases/(covers) 0 0
(Sales)/short buys 0 0
Realized and unrealized gains (losses), asset (815,000) (31,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] 510,000 (31,000)
Balance Asset Value 1,702,000 4,139,000
Trade Claims    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 5,950,000 562,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 0 0
(Sales)/short buys 0 (70,000)
Realized and unrealized gains (losses), asset 5,000 211,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 5,000 190,000
Balance Asset Value 5,955,000 703,000
Lehman claims, at fair value    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 301,000 265,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 0 0
(Sales)/short buys 0 0
Realized and unrealized gains (losses), asset 11,000 32,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 12,000 32,000
Balance Asset Value 312,000 297,000
Consolidated Funds | Preferred Stock    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 50,445,000 36,928,000
Asset, Transfers In 0 0
Asset, Transfers Out (38,552,000) [3] 0
Purchases/(covers) 0 0
(Sales)/short buys 0 0
Realized and unrealized gains (losses), asset 0 3,387,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 3,887,000
Balance Asset Value 11,893,000 40,315,000
Consolidated Funds | Common Stock    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 50,000 295,000
Asset, Transfers In 0 0
Asset, Transfers Out 0 0
Purchases/(covers) 0 0
(Sales)/short buys 0 0
Realized and unrealized gains (losses), asset 0 1,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 1,000
Balance Asset Value 50,000 296,000
Consolidated Funds | Warrants and Rights    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value 3,568,000 3,000
Asset, Transfers In 0 0
Asset, Transfers Out (20,000) [3] 0
Purchases/(covers) 0 0
(Sales)/short buys 0 0
Realized and unrealized gains (losses), asset 1,706,000 (1,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] 1,706,000 (1,000)
Balance Asset Value 5,254,000 2,000
Consolidated Funds | Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Asset Value   657,000
Asset, Transfers In   0
Asset, Transfers Out   0
Purchases/(covers)   0
(Sales)/short buys   0
Realized and unrealized gains (losses), asset   54,000
Change in Unrealized Gain (Loss), instruments still held, asset [1]   0
Balance Asset Value   711,000
Options, liability    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Liability Value 22,401,000 14,753,000
Liability, Transfers In 0 0
Liability, Transfers Out 0 0
Liability, Purchases 0 0
Liability, Sales 0 0
Realized and unrealized gains (losses), liability (1,006,000) (7,782,000)
Change in Unrealized Gain (Loss), instruments still held, liabilities [1] 1,006,000 (7,782,000)
Balance Liability Value 21,395,000 6,971,000
Contingent liability payable    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance Liability Value 3,440,000 5,997,000
Liability, Transfers In 0 0
Liability, Transfers Out 0 0
Liability, Purchases 0 0
Liability, Sales 0 (167,000)
Realized and unrealized gains (losses), liability 0 (556,000)
Change in Unrealized Gain (Loss), instruments still held, liabilities [1] 0 (556,000)
Balance Liability Value $ 3,440,000 $ 5,274,000
[1] Unrealized gains/losses are reported in other income (loss) in the accompanying condensed consolidated statements of operations.
[2] The Company received warrants as consideration as part of an investment banking transaction.
[3] The Company deconsolidated a fund (See note 3)