XML 27 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Commissions and fees $ 2,985,000 $ 5,158,000
Investment banking 730,000 509,000
Trading profits 535,000 863,000
Interest and dividends 16,000 23,000
Total 4,266,000 6,553,000
Expenses:    
Employee compensation and benefits 2,259,000 2,489,000
Clearing fees, including floor brokerage 584,000 967,000
Professional fees 844,000 790,000
Advertising and promotion 99,000 138,000
Communications 347,000 488,000
Occupancy 257,000 251,000
Other general and administrative 551,000 651,000
Total 4,941,000 5,774,000
Loss from equity investees (694,000) (154,000)
Net (loss) income $ (1,369,000) $ 625,000
Net (loss) income per share of common stock - Basic and Diluted $ (0.06) $ 0.03
Weighted average shares outstanding - Basic and diluted 22,093,322 22,103,495