Consolidated Statements of Financial Condition (Parent Company, USD $)	Dec. 31, 2011	Dec. 31, 2010
Parent Company
ASSETS
Cash and cash equivalents	$ 21,167,000	$ 22,646,000
Cash equivalents - restricted	1,532,000	1,532,000
Receivable from brokers	1,033,000	1,563,000
Securities owned, at fair value	250,000	1,116,000
Furniture, equipment and leasehold improvements, net	757,000	1,246,000
Investment in and advances to affiliates	8,619,000	9,816,000
Income tax refund receivable		795,000
Prepaid expenses and other assets	827,000	741,000
Intangibles, net	638,000	648,000
Total	34,823,000	40,103,000
LIABILITIES AND STOCKHOLDERS EQUITY
Accounts payable and accrued liabilities	3,599,000	3,477,000
Stockholders equity:
Common stock, $.01 par value; 49,000,000 shares authorized, 23,211,846 shares issued, 22,105,499 and 22,122,678 shares outstanding at December 31, 2011 and 2010, respectively	232,000	232,000
Additional paid-in capital	19,490,000	19,484,000
Retained earnings	16,230,000	21,609,000
Less: 1,106,347 and 1,089,168 shares of treasury stock, at cost, at December 31, 2011 and 2010, respectively	(4,728,000)	(4,699,000)
Total Stockholders Equity	31,224,000	36,626,000
Total Liabilities and Stockholders Equity	$ 34,823,000	$ 40,103,000