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Consolidated Statements of Financial Condition (USD $)
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 5,573,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 6,749,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash equivalents - restricted 1,532,000us-gaap_RestrictedCashAndCashEquivalents 1,532,000us-gaap_RestrictedCashAndCashEquivalents
Receivable from brokers 686,000us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations 788,000us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations
Receivable from business sold to affiliate net of unamortized discount of $1,087,000 and 1,143,000 1,913,000us-gaap_DueFromAffiliateCurrent 1,857,000us-gaap_DueFromAffiliateCurrent
Securities owned, at fair value 518,000us-gaap_FinancialInstrumentsOwnedAtFairValue 488,000us-gaap_FinancialInstrumentsOwnedAtFairValue
Furniture, equipment and leasehold improvements, net 558,000us-gaap_PropertyPlantAndEquipmentNet 609,000us-gaap_PropertyPlantAndEquipmentNet
Investment in and advances to affiliate 7,233,000us-gaap_EquityMethodInvestments 7,979,000us-gaap_EquityMethodInvestments
Prepaid expenses and other assets 723,000us-gaap_PrepaidExpenseAndOtherAssets 718,000us-gaap_PrepaidExpenseAndOtherAssets
Intangibles, net 6,000us-gaap_IntangibleAssetsNetExcludingGoodwill 8,000us-gaap_IntangibleAssetsNetExcludingGoodwill
Total 18,742,000us-gaap_Assets 20,728,000us-gaap_Assets
Liabilities:    
Accounts payable and accrued liabilities 1,724,000us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent 2,176,000us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Contingencies (Note 9)      
Stockholders' equity:    
Common stock, $.01 par value; 49,000,000 shares authorized, 23,211,846 shares issued, and 22,085,126 shares outstanding at March 31, 2015 and December 31, 2014 232,000us-gaap_CommonStockValue 232,000us-gaap_CommonStockValue
Additional paid-in capital 19,490,000us-gaap_AdditionalPaidInCapitalCommonStock 19,490,000us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 2,056,000us-gaap_RetainedEarningsAccumulatedDeficit 3,590,000us-gaap_RetainedEarningsAccumulatedDeficit
Less: 1,126,720 shares of treasury stock, at cost at March 31, 2015 and December 31, 2014 (4,760,000)us-gaap_TreasuryStockValue (4,760,000)us-gaap_TreasuryStockValue
Total 17,018,000us-gaap_StockholdersEquity 18,552,000us-gaap_StockholdersEquity
Total $ 18,742,000us-gaap_LiabilitiesAndStockholdersEquity $ 20,728,000us-gaap_LiabilitiesAndStockholdersEquity