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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Commissions and fees $ 1,037,000 $ 1,231,000 $ 2,219,000 $ 2,441,000
Margin interest, marketing and distribution fees 1,545,000 957,000 2,626,000 1,825,000
Investment banking 6,000 11,000 12,000 23,000
Trading profits 98,000 125,000 206,000 390,000
Interest and dividends 3,000 138,000 5,000 281,000
Total 2,689,000 2,462,000 5,068,000 4,960,000
Expenses:        
Employee compensation and benefits 1,000,000 1,200,000 2,038,000 2,487,000
Clearing fees, including floor brokerage 304,000 236,000 568,000 474,000
Professional fees 468,000 915,000 893,000 1,585,000
Advertising and promotion 25,000 67,000 45,000 133,000
Communications 55,000 132,000 135,000 262,000
Occupancy 79,000 197,000 221,000 379,000
Other general and administrative 393,000 443,000 744,000 869,000
Total 2,324,000 3,190,000 4,644,000 6,189,000
Net income (loss) $ 365,000 $ (728,000) $ 424,000 $ (1,229,000)
Net loss per share of common stock Continuing operations $ 0.02 $ (.03) $ 0.02 $ (0.06)
Net loss per share of common stock - Basic and diluted $ 0.02 $ (.03) $ 0.02 $ (0.06)
Weighted average shares outstanding - Basic 22,085,126 22,085,126 22,085,126 22,085,126
Weighted average shares outstanding - Diluted 22,085,126 22,085,126 22,085,126 22,085,126