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v3.7.0.1

Consolidated Statements of Financial Condition - USD ($) $ in Thousands | Mar. 31, 2017 | Dec. 31, 2016
--- | --- | ---
Assets |  |
Cash and cash equivalents | $ 164,967 | $ 181,415
Securities borrowed | 358,463 | 220,005
Receivables from broker dealers and clearing organizations | 662,313 | 448,728
Trading assets, at fair value: |  |
Financial instruments owned | 1,630,581 | 1,683,999
Financial instruments owned and pledged | 269,389 | 143,883
Property, equipment and capitalized software (net of accumulated depreciation of $112,092 and $113,184 as of March 31, 2017 and December 31, 2016, respectively) | 34,071 | 29,660
Goodwill | 715,379 | 715,379
Intangibles (net of accumulated amortization) | 939 | 992
Deferred tax asset | 197,330 | 193,859
Other assets ($38,055 and $36,480, at fair value, as of March 31, 2017 and December 31, 2016, respectively) | 73,921 | 74,470
Total assets | 4,107,353 | 3,692,390
Liabilities |  |
Short term borrowings | 22,000 | 25,000
Securities loaned | 423,672 | 222,203
Payables to broker dealers and clearing organizations | 589,688 | 695,978
Trading liabilities, at fair value: |  |
Financial instruments sold, not yet purchased | 1,673,802 | 1,349,155
Tax receivable agreement obligations | 229,381 | 231,404
Accounts payable and accrued expenses and other liabilities | 73,498 | 69,281
Long-term borrowings | 565,317 | 564,957
Total liabilities | 3,577,358 | 3,157,978
Stockholders' Equity |  |
Treasury stock, at cost, 453,066 and 453,066 shares at March 31, 2017 and December 31, 2016, respectively | (8,358) | (8,358)
Additional paid-in capital | 160,385 | 155,536
Accumulated deficit | (6,788) | (1,254)
Accumulated other comprehensive income | (17) | (252)
Total stockholders' equity | 145,223 | 145,673
Noncontrolling interest | 384,772 | 388,739
Total equity | 529,995 | 534,412
Total liabilities and equity | 4,107,353 | 3,692,390
Class D |  |
Stockholders' Equity |  |
Common stock value | $ 1 | $ 1

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- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669686-108580 + Details
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