Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value Measurements

Fair value measurements for assets and liabilities measured on a recurring basis

Fair value measurements for those items measured on a recurring basis are as follows (dollars in thousands):

June 30, 2015	Total		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Tax free money market mutual funds	$	33	$	33	$	—	$	—
Money market mutual funds	5,770		5,770		—		—
Securities owned, at fair value:
Corporate stocks-trading securities	7,087		7,087		—		—
Mutual funds	3,525		3,525		—		—
Total	$	16,415	$	16,415	$	—	$	—
Liabilities
Securities sold, not yet purchased, at fair value:
Corporate stocks-trading securities	6,996		6,996		—		—
Total	$	6,996	$	6,996	$	—	$	—

December 31, 2014	Total		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Tax free money market mutual funds	$	33	$	33	$	—	$	—
Money market mutual funds	6,965		6,965		—		—
Securities owned, at fair value:
Corporate stocks-trading securities	8,160		8,160		—		—
Mutual funds	3,913		3,913		—		—
Total	$	19,071	$	19,071	$	—	$	—
Liabilities
Securities sold, not yet purchased, at fair value:
Corporate stocks-trading securities	8,253		8,253		—		—
Total	$	8,253	$	8,253	$	—	$	—