Consolidated Statements of Financial Condition (USD $)	Jun. 30, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 13,805,000	$ 15,424,000
Cash equivalents - restricted	1,532,000	1,532,000
Receivable from brokers	1,128,000	1,105,000
Securities owned, at fair value	394,000	406,000
Furniture, equipment and leasehold improvements, net	633,000	712,000
Investment in and advances to affiliates	8,419,000	8,022,000
Prepaid expenses and other assets	674,000	751,000
Intangibles, net	13,000	18,000
Total	26,598,000	27,970,000
Liabilities:
Accounts payable and accrued liabilities	7,538,000	2,861,000
Stockholders' equity:
Common stock, $.01 par value; 49,000,000 shares authorized, 23,211,846 shares issued, and 22,085,126 shares outstanding at June 30, 2014 and December 31, 2013	232,000	232,000
Additional paid-in capital	19,490,000	19,490,000
Retained earnings	4,098,000	10,147,000
Less: 1,126,720 shares of treasury stock, at cost at June 30, 2014 and December 31, 2013	(4,760,000)	(4,760,000)
Total	19,060,000	25,109,000
Total	$ 26,598,000	$ 27,970,000