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Fair Value Measurements for Operating Entities and Consolidated Funds Unobservable Input Roll Forward (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Preferred Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value $ 7,157,000 $ 8,817,000 $ 5,168,000 $ 8,115,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 0 0 0
Purchases/(covers) 1,243,000 0 3,243,000 1,415,000
(Sales)/short buys (1,000,000) (217,000) (1,000,000) (695,000)
Realized and unrealized gains (losses), asset 1,000 (1,178,000) (10,000) (1,413,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] 1,000 (1,817,000) (10,000) (1,331,000)
Balance Asset Value 7,401,000 7,422,000 7,401,000 7,422,000
Common Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 4,951,000 7,400,000 9,850,000 7,570,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 0 0 0
Purchases/(covers) 12,896,000 221,000 14,158,000 531,000
(Sales)/short buys (6,519,000) (1,200,000) (12,472,000) (1,333,000)
Realized and unrealized gains (losses), asset (322,000) (572,000) (530,000) (919,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] (325,000) (547,000) (332,000) (959,000)
Balance Asset Value 11,006,000 5,849,000 11,006,000 5,849,000
Corporate Bonds        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 261,000   0  
Asset, Transfers In 0   0  
Asset, Transfers Out 0   0  
Purchases/(covers) 514,000   775,000  
(Sales)/short buys 0   0  
Realized and unrealized gains (losses), asset 0   0  
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0   0  
Balance Asset Value 775,000   775,000  
Convertible Bonds        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 5,000,000   3,000,000 282,000
Asset, Transfers In   0 0
Asset, Transfers Out (2,025,000) [2]   (2,025,000) [2] 0
Purchases/(covers) 9,971,000   14,971,000 0
(Sales)/short buys (6,692,000)   (9,692,000) (307,000)
Realized and unrealized gains (losses), asset 64,000   64,000 25,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 64,000   64,000 0
Balance Asset Value 6,318,000 0 6,318,000 0
Options        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value       1,455,000
Asset, Transfers In       0
Asset, Transfers Out       0
Purchases/(covers)       0
(Sales)/short buys       1,455,000
Realized and unrealized gains (losses), asset       0
Change in Unrealized Gain (Loss), instruments still held, asset [1]       0
Balance Asset Value   0   0
Warrants and Rights        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 454,000 1,702,000 1,666,000 2,517,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 (374,000) [2] 0 (374,000) [2]
Purchases/(covers) 0 0 0 0
(Sales)/short buys 0 (143,000) (116,000) (143,000)
Realized and unrealized gains (losses), asset 141,000 71,000 (955,000) (744,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1] 141,000 (1,176,000) 32,000 (666,000)
Balance Asset Value 595,000 1,256,000 595,000 1,256,000
Trade Claims        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 5,487,000 5,955,000 5,543,000 5,950,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 0 0 0
Purchases/(covers) 5,095,000 0 5,095,000 0
(Sales)/short buys (96,000) (334,000) (152,000) (334,000)
Realized and unrealized gains (losses), asset 2,000 78,000 2,000 83,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 14,000 0 20,000
Balance Asset Value 10,488,000 5,699,000 10,488,000 5,699,000
Lehman claims, at fair value        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value   312,000   301,000
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   (17,000)   (6,000)
Change in Unrealized Gain (Loss), instruments still held, asset [1]   (18,000)   (6,000)
Balance Asset Value   295,000   295,000
Consolidated Funds | Preferred Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 24,322,000 11,893,000 24,314,000 50,445,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 0 0 (38,552,000) [3]
Purchases/(covers) 0 3,066,000 0 3,066,000
(Sales)/short buys 0 0 0 0
Realized and unrealized gains (losses), asset 0 9,355,000 8,000 9,355,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 9,356,000 8,000 9,356,000
Balance Asset Value 24,322,000 24,314,000 24,322,000 24,314,000
Consolidated Funds | Common Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 1,017,000 50,000 94,000 50,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 0 0 0
Purchases/(covers) 0 0 407,000 0
(Sales)/short buys 0 0 0 0
Realized and unrealized gains (losses), asset 0 44,000 516,000 44,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 0 43,000 516,000 43,000
Balance Asset Value 1,017,000 94,000 1,017,000 94,000
Consolidated Funds | Warrants and Rights        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Asset Value 4,708,000 5,254,000 5,279,000 3,568,000
Asset, Transfers In 0 0 0 0
Asset, Transfers Out 0 0 0 (20,000) [3]
Purchases/(covers) 0 (1,340,000) 0 (1,340,000)
(Sales)/short buys 0 0 (1,088,000) 0
Realized and unrealized gains (losses), asset 1,566,000 824,000 2,083,000 2,530,000
Change in Unrealized Gain (Loss), instruments still held, asset [1] 1,566,000 (516,000) 995,000 1,190,000
Balance Asset Value 6,274,000 4,738,000 6,274,000 4,738,000
Options, liability        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Liability Value 1,733,000 21,395,000 2,096,000 22,401,000
Liability, Transfers In 0 0 0 0
Liability, Transfers Out 0 (28,973,000) [4] 0 (28,973,000) [4]
Liability, Purchases 0 0 0 0
Liability, Sales 0 (259,000) (4,000) (259,000)
Realized and unrealized gains (losses), liability 1,046,000 8,138,000 687,000 7,132,000
Change in Unrealized Gain (Loss), instruments still held, liabilities [1] 1,046,000 8,138,000 687,000 7,132,000
Balance Liability Value 2,779,000 301,000 2,779,000 301,000
Contingent liability payable        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance Liability Value 29,536,000 3,440,000 3,070,000 3,440,000
Liability, Transfers In 0 0 0 0
Liability, Transfers Out 0 0 0 0
Liability, Purchases 0 0 27,700,000 0
Liability, Sales 0 (570,000) (1,234,000) (570,000)
Realized and unrealized gains (losses), liability 0 0 0 0
Change in Unrealized Gain (Loss), instruments still held, liabilities [1] 0 0 0 0
Balance Liability Value $ 29,536,000 $ 2,870,000 $ 29,536,000 $ 2,870,000
[1] Unrealized gains/losses are reported in other income (loss) in the accompanying condensed consolidated statements of operations.
[2] The investments were converted to common stock.
[3] The Company deconsolidated an investment fund.
[4] On June 26, 2018, the Company received shareholder approval which allows the Company to settle its convertible note (see Note 18) entirely in class A common shares. Upon receiving shareholder approval, the Company reclassified the embedded conversion option, associated with the convertible debt, to equity. (see Note 19).