XML 61 R13.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Marketable Securities | 6 Months Ended
--- | ---
Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract] |
Marketable Securities | Marketable Securities The amortized cost and estimated fair value of the Company’s Marketable Securities as of June 30, 2014 and December 31, 2013 were as follows:
| June 30, 2014 |  | December 31, 2013
| Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Securities Investments | $ | 5,056 |  |  | $ | 1,330 |  |  | $ | 14 |  |  | $ | 6,372 |  |  | $ | 11,268 |  |  | $ | 754 |  |  | $ | 623 |  |  | $ | 11,399 |
Debt Securities Carried by EGL | 24,052 |  |  | 102 |  |  | — |  |  | 24,154 |  |  | 22,542 |  |  | 87 |  |  | 1 |  |  | 22,628 |
Mutual Funds | 4,619 |  |  | 1,194 |  |  | 41 |  |  | 5,772 |  |  | 7,917 |  |  | 1,600 |  |  | 137 |  |  | 9,380 |
Total | $ | 33,727 |  |  | $ | 2,626 |  |  | $ | 55 |  |  | $ | 36,298 |  |  | $ | 41,727 |  |  | $ | 2,441 |  |  | $ | 761 |  |  | $ | 43,407 |
Scheduled maturities of the Company’s available-for-sale debt securities within the Securities Investments portfolio as of June 30, 2014 and December 31, 2013 were as follows:
| June 30, 2014 |  | December 31, 2013
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Due within one year | $ | 303 |  |  | $ | 304 |  |  | $ | 306 |  |  | $ | 307 |
Due after one year through five years | 1,252 |  |  | 1,266 |  |  | 1,250 |  |  | 1,264 |
Due after five years through 10 years | 100 |  |  | 102 |  |  | 100 |  |  | 100 |
Total | $ | 1,655 |  |  | $ | 1,672 |  |  | $ | 1,656 |  |  | $ | 1,671 |
Securities Investments Securities Investments include seed capital and other equity and debt securities, which are classified as available-for-sale securities within Marketable Securities on the Unaudited Condensed Consolidated Statements of Financial Condition. These securities are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) and realized gains and losses included in earnings. The Company had net realized gains (losses) of $279 and $294 for the three and six months ended June 30, 2014, respectively, and ($286) and ($189) for the three and six months ended June 30, 2013, respectively. Debt Securities Carried by EGL EGL invests in a fixed income portfolio consisting primarily of municipal bonds. These securities are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest, on the Unaudited Condensed Consolidated Statements of Operations, as required for broker-dealers in securities. The Company had net realized and unrealized gains (losses) of ($104) and ($203) for the three and six months ended June 30, 2014, respectively, and ($122) and ($133) for the three and six months ended June 30, 2013, respectively. Mutual Funds The Company invests in a portfolio of mutual funds as an economic hedge against the Company’s deferred compensation program. See Note 14 for further information. These securities are carried at fair value, with changes in fair value recorded in Other Revenue, Including Interest, on the Unaudited Condensed Consolidated Statements of Operations. The Company had net realized and unrealized gains (losses) of $212 and $324 for the three and six months ended June 30, 2014, respectively, and ($136) and $461 for the three and six months ended June 30, 2013, respectively.

X
- Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Debt Security -URI http://asc.fasb.org/extlink&oid=6509901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Equity Security -URI http://asc.fasb.org/extlink&oid=6511694 + Details
Name: | us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration