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Segment Reporting | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Reporting | 19. Segment Reporting The Company operates as an ETP sponsor and asset manager providing investment advisory services in the U.S., Europe, Canada and Japan. These activities are reported in the Company’s U.S. Business and International Business reportable segments. The U.S. Business segment includes the results of the Company’s U.S. operations and Japan sales office. The results of the Company’s European and Canadian operations are reported as the International Business segment. Information concerning these reportable segments are as follows:
|  | Year Ended December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Revenues (U.S. Business segment) |  |  |  |  |  |  |  |  |  |  |  |
Advisory fees |  | $ | 217,021 |  |  | $ | 211,066 |  |  | $ | 293,788 |
Settlement gain |  |  | 6,909 |  |  |  | — |  |  |  | — |
Other income |  |  | 2,949 |  |  |  | 1,424 |  |  |  | 931 |
Total revenues (U.S. Business segment) |  | $ | 226,879 |  |  | $ | 212,490 |  |  | $ | 294,719 |
Revenues (International Business segment) |  |  |  |  |  |  |  |  |  |  |  |
Advisory fees |  | $ | 10,754 |  |  | $ | 7,399 |  |  | $ | 4,156 |
Other (loss)/income |  |  | (234 | ) |  |  | (443 | ) |  |  | 67 |
Total revenues (International Business segment) |  | $ | 10,520 |  |  | $ | 6,956 |  |  | $ | 4,223 |
Total revenues |  | $ | 237,399 |  |  | $ | 219,446 |  |  | $ | 298,942 |
Income/(loss) before taxes |  |  |  |  |  |  |  |  |  |  |  |
U.S. Business segment |  | $ | 70,537 |  |  | $ | 74,721 |  |  | $ | 146,335 |
International Business segment |  |  | (12,345 | ) |  |  | (19,159 | ) |  |  | (9,150 | )
Total income before taxes |  | $ | 58,192 |  |  | $ | 55,562 |  |  | $ | 137,185 |
Assets are not reported by segment as such information is not utilized by the chief operating decision maker. The vast majority of the Company’s assets are located in the U.S.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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