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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Commissions and fees $ 2,188,000 $ 1,918,000 $ 4,266,000 $ 4,295,000
Investment banking 11,000 11,000 23,000 19,000
Trading profits 125,000 102,000 390,000 271,000
Interest and dividends 138,000 73,000 281,000 143,000
Total 2,462,000 2,104,000 4,960,000 4,728,000
Expenses:        
Employee compensation and benefits 1,200,000 1,289,000 2,487,000 2,711,000
Clearing fees, including floor brokerage 236,000 284,000 474,000 685,000
Professional fees 915,000 1,029,000 1,585,000 1,788,000
Advertising and promotion 67,000 57,000 133,000 121,000
Communications 132,000 163,000 262,000 322,000
Occupancy 197,000 203,000 379,000 406,000
Other general and administrative 443,000 473,000 869,000 879,000
Total 3,190,000 3,498,000 6,189,000 6,912,000
Loss from continuing operations (728,000) (1,394,000) (1,229,000) (2,184,000)
Discontinued operations - Share of loss from former affiliate   987,000   243,000
Net loss $ (728,000) $ (407,000) $ (1,229,000) $ (1,941,000)
Net loss per share of common stock - Continuing Operations $ (.03) $ (.06) $ (.06) $ (.10)
Net loss per share of common stock - Discontinued Operations 0 0.04 0 0.01
Net loss per share of common stock - Basic and Diluted $ (.03) $ (.02) $ (.06) $ (.09)
Weighted average shares outstanding        
Basic and Diluted 22,085,126 22,085,126 22,085,126 22,085,126