Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues:
Commissions and fees	$ 2,637,000	$ 2,904,000	$ 5,617,000	$ 5,889,000
Investment banking	710,000	751,000	1,145,000	1,481,000
Trading profits	343,000	607,000	632,000	1,142,000
Interest and dividends	15,000	16,000	29,000	32,000
Total	3,705,000	4,278,000	7,423,000	8,544,000
Expenses:
Employee compensation and benefits	1,982,000	2,249,000	3,933,000	4,508,000
Clearing fees, including floor brokerage	453,000	675,000	975,000	1,259,000
Professional fees	1,572,000	1,109,000	2,335,000	1,953,000
Loss related to arbitration settlement	4,300,000		4,300,000
Advertising and promotion	52,000	76,000	122,000	175,000
Communications	252,000	328,000	522,000	675,000
Occupancy	209,000	259,000	452,000	516,000
Other general and administrative	630,000	558,000	1,227,000	1,109,000
Total	9,450,000	5,254,000	13,866,000	10,195,000
(Loss) income from equity investees	(332,000)	(377,000)	394,000	(1,071,000)
Net (loss)	$ (6,077,000)	$ (1,353,000)	$ (6,049,000)	$ (2,722,000)
Net (loss) per share of common stock - Basic and Diluted	$ (0.28)	$ (0.06)	$ (0.27)	$ (0.12)
Weighted average shares outstanding - Basic and Diluted	22,085,126	22,085,830	22,085,126	22,089,555