XML 21 R57.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Operating Results (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Segment Reporting Information [Line Items]      
Net Revenues $ 149,113 [1] $ 152,631 [1]  
Operating Expenses 125,103 125,776  
Other Expenses 3,296 [2] 10,605 [2]  
Operating Income (Loss) 20,714 16,250  
Income (Loss) from Equity Method Investments 241 756  
Pre-Tax Income from Continuing Operations 20,955 17,006  
Identifiable Segment Assets 1,044,917 976,489 1,180,783
Investment Banking [Member]
     
Segment Reporting Information [Line Items]      
Net Revenues 127,851 [1] 131,596 [1]  
Operating Expenses 105,532 105,066  
Other Expenses 3,214 [2] 9,855 [2]  
Operating Income (Loss) 19,105 16,675  
Income (Loss) from Equity Method Investments (310) 170  
Pre-Tax Income from Continuing Operations 18,795 16,845  
Identifiable Segment Assets 590,956 526,549  
Investment Management [Member]
     
Segment Reporting Information [Line Items]      
Net Revenues 21,262 [1] 21,035 [1]  
Operating Expenses 19,571 20,710  
Other Expenses 82 [2] 750 [2]  
Operating Income (Loss) 1,609 (425)  
Income (Loss) from Equity Method Investments 551 586  
Pre-Tax Income from Continuing Operations 2,160 161  
Identifiable Segment Assets $ 453,961 $ 449,940  
[1] Net revenues include Other Revenue, net, allocated to the segments as follows: For the Three Months Ended March 31, 2014 2013Investment Banking (A)$(653) $213Investment Management (B)(653) (402)Total Other Revenue, net$(1,306) $(189) (A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $1,105 and $1,088 for the three months ended March 31, 2014 and 2013, respectively.(B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $932 and $919 for the three months ended March 31, 2014 and 2013, respectively.
[2] Other Expenses are as follows: For the Three Months Ended March 31, 2014 2013Investment Banking Amortization of LP Units and Certain Other Awards$— $4,909Acquisition Related Compensation Charges3,214 4,946Total Investment Banking3,214 9,855Investment Management Amortization of LP Units and Certain Other Awards— 668Intangible Asset Amortization82 82Total Investment Management82 750Total Other Expenses$3,296 $10,605