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Receivables and Payables (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Receivables from brokers, dealers and clearing organizations          
Broker-dealers $ 441,069,000   $ 441,069,000   $ 297,916,000
Clearing organizations 18,203,000   18,203,000   12,391,000
Securities borrowed 722,735,000   722,735,000   798,228,000
Allowance for doubtful accounts (1,244,000)   (1,244,000)   (1,416,000)
Total 1,180,763,000   1,180,763,000   1,107,119,000
Payables to brokers, dealers and clearing organizations          
Broker-dealers 792,102,000   792,102,000   513,529,000
Clearing organizations 35,971,000   35,971,000   728,000
Securities loaned 739,886,000   739,886,000   823,202,000
Total 1,567,959,000   1,567,959,000   1,337,459,000
Receivables from customers          
Customers 1,144,432,000   1,144,432,000   548,287,000
Allowance for doubtful accounts (1,110,000)   (1,110,000)   (1,462,000)
Total 1,143,322,000   1,143,322,000   546,825,000
Payables to customers          
Customers 647,953,000   647,953,000   226,892,000
Total 647,953,000   647,953,000   226,892,000
Securities Borrowed and Loaned          
Fair value of securities borrowed 700,200,000   700,200,000    
Interest earned 5,855,000 7,634,000 8,781,000 13,537,000  
Interest incurred (4,251,000) (6,147,000) (6,304,000) (10,652,000)  
Interest earned incurred, net 1,604,000 1,487,000 2,477,000 2,885,000  
Deposits paid for securities borrowed          
Gross Amounts of Recognized Assets 722,735,000   722,735,000   798,228,000
Net Amounts Presented in the Condensed Consolidated Statement of Financial Condition 722,735,000   722,735,000   798,228,000
Gross Amounts Not Offset in the Condensed Consolidated Statement of Financial Condition - Financial Instruments 697,824,000   697,824,000   789,317,000
Net Amount 24,911,000   24,911,000   8,911,000
Deposits received for securities loaned          
Gross Amounts of Recognized Liabilities (739,886,000)   (739,886,000)   (823,202,000)
Net Amounts Presented in the Condensed Consolidated Statement of Financial Condition (739,886,000)   (739,886,000)   (823,202,000)
Gross Amounts Not Offset in the Condensed Consolidated Statement of Financial Condition - Financial Instruments (739,828,000)   (739,828,000)   (822,382,000)
Net Amount $ (58,000)   $ (58,000)   $ (820,000)