D - INVESTMENT IN AFFILIATES (Tables)

12 Months Ended

Dec. 31, 2014

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Investment In and Advances to Affiliate

Investment in and advances to, equity in income / (loss) of, and distributions received from, affiliates consist of the following:

December 31, 2014	SBSF		SBSFPC			TOTAL
Investment and advances	$	7,979,000		—			7,979,000
Income (loss) from equity investees	$	84,000		(17,000	)		67,000
Distributions	$	13,000		173,000			186,000
December 31, 2013	SBS		SBSFPC			TOTAL
Investment and advances	$	7,832,000		190,000			8,022,000
Income (loss) from equity investees	$	94,000		(159,000	)		(65,000	)
Distributions	$	1,212,000		6,000			1,218,000
December 31, 2012	SBS		SBSFPC			TOTAL
Income from equity investees	$	774,000	$	32,000		$	806,000
Distributions	$	95,000	$	2,000		$	97,000

Summarized financial data of affiliates

	2014		2013		2012
Total assets, including secured demand note of $1,200,000 in each year due from Siebert	$	28,518,000	$	22,999,000
Total liabilities, including subordinated liabilities $1,200,000 in each year and a purchase obligation of $1,857,000 in 2014 due to Siebert		12,458,000		7,083,000
Total members’ capital		16,060,000		15,916,000
Regulatory minimum net capital requirement		250,000		250,000
Total revenue		24,806,000		24,965,000	$	28,246,000
Net income		171,000		193,000		1,579,000

Summarized financial data of SBSFPC is as follows:

	2014			2013			2012
Total assets	$	26,000		$	584,000
Total liabilities		26,000			15,000
Total members’ capital		0			569,000
Total revenue		0			(222,000	)*	$	293,000
Net income (loss)		(51,000	)		(478,000	)		98,000