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Condensed Consolidating Financial Information (Tables) | 6 Months Ended
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Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 606 |  |  | $ | 525 |  |  | $ | 106,406 |  |  | $ | — |  |  | $ | 107,537 |
Deposits with clearing organizations | — |  |  | — |  |  | 42,910 |  |  | — |  |  | 42,910 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 315,308 |  |  | — |  |  | 315,308 |
Receivable from customers, net of allowance for credit losses of $2,543 | — |  |  | — |  |  | 780,670 |  |  | — |  |  | 780,670 |
Income tax receivable | 39,056 |  |  | 27,984 |  |  | — |  |  | (49,506 | ) |  | 17,534 |
Securities owned, including amounts pledged of $657,527, at fair value | — |  |  | 1,261 |  |  | 950,645 |  |  | — |  |  | 951,906 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $61,671 and $8,062, respectively | — |  |  | — |  |  | 33,012 |  |  | — |  |  | 33,012 |
Office facilities, net of accumulated depreciation of $107,810 | — |  |  | 21,274 |  |  | 6,606 |  |  | — |  |  | 27,880 |
Assets held for sale | — |  |  | — |  |  | 21,764 |  |  | — |  |  | 21,764 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 100 |  |  | 2,502 |  |  | 105,017 |  |  | — |  |  | 107,619 |
Deferred tax assets | 48 |  |  | 309 |  |  | 39,147 |  |  | (39,504 | ) |  | — |
Investment in subsidiaries | 582,743 |  |  | 522,841 |  |  | — |  |  | (1,105,584 | ) |  | — |
Intercompany receivables | 45,929 |  |  | 29,362 |  |  | — |  |  | (75,291 | ) |  | — |
Total assets | $ | 668,482 |  |  | $ | 718,616 |  |  | $ | 2,571,074 |  |  | $ | (1,382,443 | ) |  | $ | 2,575,729 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 26,759 |  |  | $ | — |  |  | $ | 26,759 |
Bank call loans | — |  |  | — |  |  | 151,900 |  |  | — |  |  | 151,900 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 172,362 |  |  | — |  |  | 172,362 |
Payable to customers | — |  |  | — |  |  | 596,441 |  |  | — |  |  | 596,441 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 432,912 |  |  | — |  |  | 432,912 |
Securities sold, but not yet purchased, at fair value | — |  |  | — |  |  | 259,032 |  |  | — |  |  | 259,032 |
Liabilities held for sale | — |  |  | — |  |  | 36,490 |  |  | — |  |  | 36,490 |
Accrued compensation | — |  |  | — |  |  | 108,097 |  |  | — |  |  | 108,097 |
Accounts payable and other liabilities | 3,020 |  |  | 35,089 |  |  | 72,258 |  |  | — |  |  | 110,367 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 24,877 |  |  | (49,506 | ) |  | — |
Senior secured notes, net of debt issuance costs of $890 | 149,110 |  |  | — |  |  | — |  |  | — |  |  | 149,110 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities, net of deferred tax assets of $61,198 | — |  |  | 10 |  |  | 49,641 |  |  | (39,504 | ) |  | 10,147 |
Intercompany payables | — |  |  | 62,204 |  |  | 13,087 |  |  | (75,291 | ) |  | — |
Total liabilities | 154,570 |  |  | 119,492 |  |  | 2,056,414 |  |  | (276,859 | ) |  | 2,053,617 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 513,912 |  |  | 599,124 |  |  | 506,460 |  |  | (1,105,584 | ) |  | 513,912 |
Noncontrolling interest | — |  |  | — |  |  | 8,200 |  |  | — |  |  | 8,200 |
Total stockholders' equity | 513,912 |  |  | 599,124 |  |  | 514,660 |  |  | (1,105,584 | ) |  | 522,112 |
Total liabilities and stockholders' equity | $ | 668,482 |  |  | $ | 718,616 |  |  | $ | 2,571,074 |  |  | $ | (1,382,443 | ) |  | $ | 2,575,729 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 907 |  |  | $ | 2,586 |  |  | $ | 59,871 |  |  | $ | — |  |  | $ | 63,364 |
Deposits with clearing organizations | — |  |  | — |  |  | 49,490 |  |  | — |  |  | 49,490 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 365,791 |  |  | — |  |  | 365,791 |
Receivable from customers, net of allowance for credit losses of $2,545 | — |  |  | — |  |  | 840,355 |  |  | — |  |  | 840,355 |
Income tax receivable | 33,801 |  |  | 27,536 |  |  | — |  |  | (49,106 | ) |  | 12,231 |
Securities purchased under agreements to resell | — |  |  | — |  |  | 206,499 |  |  | — |  |  | 206,499 |
Securities owned, including amounts pledged of $546,334, at fair value | — |  |  | 1,183 |  |  | 733,648 |  |  | — |  |  | 734,831 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $54,919 and $8,444, respectively | — |  |  | — |  |  | 32,849 |  |  | — |  |  | 32,849 |
Office facilities, net of accumulated depreciation of $104,812 | — |  |  | 20,793 |  |  | 7,492 |  |  | — |  |  | 28,285 |
Assets held for sale | — |  |  | — |  |  | 99,881 |  |  | — |  |  | 99,881 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 69 |  |  | 3,224 |  |  | 91,546 |  |  | — |  |  | 94,839 |
Deferred tax assets | 317 |  |  | 330 |  |  | 40,456 |  |  | (41,103 | ) |  | — |
Investment in subsidiaries | 577,320 |  |  | 532,651 |  |  | — |  |  | (1,109,971 | ) |  | — |
Intercompany receivables | 60,187 |  |  | 13,185 |  |  | — |  |  | (73,372 | ) |  | — |
Total assets | $ | 672,601 |  |  | $ | 714,046 |  |  | $ | 2,697,467 |  |  | $ | (1,386,110 | ) |  | $ | 2,698,004 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 48,011 |  |  | $ | — |  |  | $ | 48,011 |
Bank call loans | — |  |  | — |  |  | 100,200 |  |  | — |  |  | 100,200 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 164,546 |  |  | — |  |  | 164,546 |
Payable to customers | — |  |  | — |  |  | 594,833 |  |  | — |  |  | 594,833 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 651,445 |  |  | — |  |  | 651,445 |
Securities sold, but not yet purchased, at fair value | — |  |  | — |  |  | 126,493 |  |  | — |  |  | 126,493 |
Liabilities held for sale | — |  |  | — |  |  | 74,680 |  |  | — |  |  | 74,680 |
Accrued compensation | — |  |  | — |  |  | 149,092 |  |  | — |  |  | 149,092 |
Accounts payable and other liabilities | 3,235 |  |  | 35,812 |  |  | 69,590 |  |  | — |  |  | 108,637 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 24,477 |  |  | (49,106 | ) |  | — |
Senior secured notes, net of debt issuance costs of $1,132 | 148,868 |  |  | — |  |  | — |  |  | — |  |  | 148,868 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities, net of deferred tax assets of $63,481 | — |  |  | — |  |  | 47,220 |  |  | (41,103 | ) |  | 6,117 |
Intercompany payables | — |  |  | 62,204 |  |  | 11,168 |  |  | (73,372 | ) |  | — |
Total liabilities | 154,543 |  |  | 120,205 |  |  | 2,174,313 |  |  | (276,139 | ) |  | 2,172,922 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 518,058 |  |  | 593,841 |  |  | 516,130 |  |  | (1,109,971 | ) |  | 518,058 |
Noncontrolling interest | — |  |  | — |  |  | 7,024 |  |  | — |  |  | 7,024 |
Total stockholders' equity | 518,058 |  |  | 593,841 |  |  | 523,154 |  |  | (1,109,971 | ) |  | 525,082 |
Total liabilities and stockholders' equity | $ | 672,601 |  |  | $ | 714,046 |  |  | $ | 2,697,467 |  |  | $ | (1,386,110 | ) |  | $ | 2,698,004 |
Condensed Consolidating Statement of Operations |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 92,591 |  |  | $ | — |  |  | $ | 92,591 |
Advisory fees | — |  |  | — |  |  | 66,511 |  |  | (407 | ) |  | 66,104 |
Investment banking | — |  |  | — |  |  | 18,881 |  |  | — |  |  | 18,881 |
Interest | — |  |  | 2,556 |  |  | 12,016 |  |  | (2,565 | ) |  | 12,007 |
Principal transactions, net | — |  |  | 22 |  |  | 7,555 |  |  | — |  |  | 7,577 |
Other | — |  |  | 81 |  |  | 14,913 |  |  | (80 | ) |  | 14,914 |
Total revenue | — |  |  | 2,659 |  |  | 212,467 |  |  | (3,052 | ) |  | 212,074 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 356 |  |  | — |  |  | 141,365 |  |  | — |  |  | 141,721 |
Communications and technology | 34 |  |  | — |  |  | 17,604 |  |  | — |  |  | 17,638 |
Occupancy and equipment costs | — |  |  | — |  |  | 15,064 |  |  | (80 | ) |  | 14,984 |
Clearing and exchange fees | — |  |  | — |  |  | 6,199 |  |  | — |  |  | 6,199 |
Interest | 3,282 |  |  | — |  |  | 4,255 |  |  | (2,565 | ) |  | 4,972 |
Other | 523 |  |  | 2 |  |  | 31,688 |  |  | (407 | ) |  | 31,806 |
Total expenses | 4,195 |  |  | 2 |  |  | 216,175 |  |  | (3,052 | ) |  | 217,320 |
Income (loss) before income taxes | (4,195 | ) |  | 2,657 |  |  | (3,708 | ) |  | — |  |  | (5,246 | )
Income taxes | (3,272 | ) |  | 999 |  |  | (354 | ) |  | — |  |  | (2,627 | )
Net income (loss) from continuing operations | (923 | ) |  | 1,658 |  |  | (3,354 | ) |  | — |  |  | (2,619 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 15,366 |  |  | — |  |  | 15,366 |
Income taxes | — |  |  | — |  |  | 6,036 |  |  | — |  |  | 6,036 |
Net income from discontinued operations | — |  |  | — |  |  | 9,330 |  |  | — |  |  | 9,330 |
Equity in earnings of subsidiaries | 6,111 |  |  | 4,453 |  |  | — |  |  | (10,564 | ) |  | — |
Net income | 5,188 |  |  | 6,111 |  |  | 5,976 |  |  | (10,564 | ) |  | 6,711 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,523 |  |  | — |  |  | 1,523 |
Net income attributable to Oppenheimer Holdings Inc. | 5,188 |  |  | 6,111 |  |  | 4,453 |  |  | (10,564 | ) |  | 5,188 |
Other comprehensive loss | — |  |  | — |  |  | (654 | ) |  | — |  |  | (654 | )
Total comprehensive income | $ | 5,188 |  |  | $ | 6,111 |  |  | $ | 3,799 |  |  | $ | (10,564 | ) |  | $ | 4,534 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 196,424 |  |  | $ | — |  |  | $ | 196,424 |
Advisory fees | — |  |  | — |  |  | 132,890 |  |  | (760 | ) |  | 132,130 |
Investment banking | — |  |  | — |  |  | 31,264 |  |  | — |  |  | 31,264 |
Interest | — |  |  | 5,113 |  |  | 25,068 |  |  | (5,132 | ) |  | 25,049 |
Principal transactions, net | — |  |  | 52 |  |  | 14,143 |  |  | — |  |  | 14,195 |
Other | — |  |  | 159 |  |  | 27,967 |  |  | (158 | ) |  | 27,968 |
Total revenue | — |  |  | 5,324 |  |  | 427,756 |  |  | (6,050 | ) |  | 427,030 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 743 |  |  | — |  |  | 289,473 |  |  | — |  |  | 290,216 |
Communications and technology | 62 |  |  | — |  |  | 35,256 |  |  | — |  |  | 35,318 |
Occupancy and equipment costs | — |  |  | — |  |  | 30,045 |  |  | (158 | ) |  | 29,887 |
Clearing and exchange fees | — |  |  | — |  |  | 13,120 |  |  | — |  |  | 13,120 |
Interest | 6,563 |  |  | — |  |  | 8,408 |  |  | (5,132 | ) |  | 9,839 |
Other | 1,196 |  |  | 5 |  |  | 60,795 |  |  | (760 | ) |  | 61,236 |
Total expenses | 8,564 |  |  | 5 |  |  | 437,097 |  |  | (6,050 | ) |  | 439,616 |
Income (loss) before income taxes | (8,564 | ) |  | 5,319 |  |  | (9,341 | ) |  | — |  |  | (12,586 | )
Income taxes | (4,986 | ) |  | 2,003 |  |  | (3,456 | ) |  | — |  |  | (6,439 | )
Net income (loss) from continuing operations | (3,578 | ) |  | 3,316 |  |  | (5,885 | ) |  | — |  |  | (6,147 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 14,709 |  |  | — |  |  | 14,709 |
Income taxes | — |  |  | — |  |  | 5,760 |  |  | — |  |  | 5,760 |
Net income from discontinued operations | — |  |  | — |  |  | 8,949 |  |  | — |  |  | 8,949 |
Equity in earnings of subsidiaries | 4,919 |  |  | 1,603 |  |  | — |  |  | (6,522 | ) |  | — |
Net income | 1,341 |  |  | 4,919 |  |  | 3,064 |  |  | (6,522 | ) |  | 2,802 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,461 |  |  | — |  |  | 1,461 |
Net income attributable to Oppenheimer Holdings Inc. | 1,341 |  |  | 4,919 |  |  | 1,603 |  |  | (6,522 | ) |  | 1,341 |
Other comprehensive income | — |  |  | — |  |  | 219 |  |  | — |  |  | 219 |
Total comprehensive income | $ | 1,341 |  |  | $ | 4,919 |  |  | $ | 1,822 |  |  | $ | (6,522 | ) |  | $ | 1,560 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 103,556 |  |  | $ | — |  |  | $ | 103,556 |
Advisory fees | — |  |  | — |  |  | 72,654 |  |  | (411 | ) |  | 72,243 |
Investment banking | — |  |  | — |  |  | 29,020 |  |  | — |  |  | 29,020 |
Interest | — |  |  | 2,557 |  |  | 11,321 |  |  | (2,565 | ) |  | 11,313 |
Principal transactions, net | — |  |  | — |  |  | 3,571 |  |  | (30 | ) |  | 3,541 |
Other | — |  |  | 96 |  |  | 8,266 |  |  | (76 | ) |  | 8,286 |
Total revenue | — |  |  | 2,653 |  |  | 228,388 |  |  | (3,082 | ) |  | 227,959 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 263 |  |  | — |  |  | 153,542 |  |  | — |  |  | 153,805 |
Communications and technology | 42 |  |  | — |  |  | 16,265 |  |  | — |  |  | 16,307 |
Occupancy and equipment costs | — |  |  | — |  |  | 15,987 |  |  | (76 | ) |  | 15,911 |
Clearing and exchange fees | — |  |  | — |  |  | 6,231 |  |  | — |  |  | 6,231 |
Interest | 3,281 |  |  |  |  |  | 3,389 |  |  | (2,565 | ) |  | 4,105 |
Other | 258 |  |  | 45 |  |  | 32,839 |  |  | (441 | ) |  | 32,701 |
Total expenses | 3,844 |  |  | 45 |  |  | 228,253 |  |  | (3,082 | ) |  | 229,060 |
Income (loss) before income taxes | (3,844 | ) |  | 2,608 |  |  | 135 |  |  | — |  |  | (1,101 | )
Income taxes | (1,521 | ) |  | 923 |  |  | 998 |  |  | — |  |  | 400 |
Net income (loss) from continuing operations | (2,323 | ) |  | 1,685 |  |  | (863 | ) |  | — |  |  | (1,501 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 3,731 |  |  | — |  |  | 3,731 |
Income taxes | — |  |  | — |  |  | 1,585 |  |  | — |  |  | 1,585 |
Net income from discontinued operations | — |  |  | — |  |  | 2,146 |  |  | — |  |  | 2,146 |
Equity in earnings of subsidiaries | 2,618 |  |  | 933 |  |  | — |  |  | (3,551 | ) |  | — |
Net income | 295 |  |  | 2,618 |  |  | 1,283 |  |  | (3,551 | ) |  | 645 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 350 |  |  | — |  |  | 350 |
Net income attributable to Oppenheimer Holdings Inc. | 295 |  |  | 2,618 |  |  | 933 |  |  | (3,551 | ) |  | 295 |
Other comprehensive income | — |  |  | — |  |  | 1,317 |  |  | — |  |  | 1,317 |
Total comprehensive income | $ | 295 |  |  | $ | 2,618 |  |  | $ | 2,250 |  |  | $ | (3,551 | ) |  | $ | 1,612 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 213,251 |  |  | $ | — |  |  | $ | 213,251 |
Advisory fees | — |  |  | — |  |  | 144,074 |  |  | (865 | ) |  | 143,209 |
Investment banking | — |  |  | — |  |  | 56,325 |  |  | — |  |  | 56,325 |
Interest | — |  |  | 5,123 |  |  | 22,022 |  |  | (5,129 | ) |  | 22,016 |
Principal transactions, net | — |  |  | — |  |  | 12,122 |  |  | (84 | ) |  | 12,038 |
Other | — |  |  | 191 |  |  | 18,255 |  |  | (151 | ) |  | 18,295 |
Total revenue | — |  |  | 5,314 |  |  | 466,049 |  |  | (6,229 | ) |  | 465,134 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 575 |  |  | — |  |  | 314,054 |  |  | — |  |  | 314,629 |
Communications and technology | 67 |  |  | — |  |  | 33,312 |  |  | — |  |  | 33,379 |
Occupancy and equipment costs | — |  |  | — |  |  | 31,763 |  |  | (151 | ) |  | 31,612 |
Clearing and exchange fees | — |  |  | — |  |  | 12,633 |  |  | — |  |  | 12,633 |
Interest | 6,562 |  |  | — |  |  | 6,442 |  |  | (5,129 | ) |  | 7,875 |
Other | 546 |  |  | 113 |  |  | 60,583 |  |  | (949 | ) |  | 60,293 |
Total expenses | 7,750 |  |  | 113 |  |  | 458,787 |  |  | (6,229 | ) |  | 460,421 |
Income (loss) before income taxes | (7,750 | ) |  | 5,201 |  |  | 7,262 |  |  | — |  |  | 4,713 |
Income taxes | (3,001 | ) |  | 1,770 |  |  | 3,786 |  |  | — |  |  | 2,555 |
Net income (loss) from continuing operations | (4,749 | ) |  | 3,431 |  |  | 3,476 |  |  | — |  |  | 2,158 |
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 7,768 |  |  | — |  |  | 7,768 |
Income taxes | — |  |  | — |  |  | 3,160 |  |  | — |  |  | 3,160 |
Net income from discontinued operations | — |  |  | — |  |  | 4,608 |  |  | — |  |  | 4,608 |
Equity in earnings of subsidiaries | 10,763 |  |  | 7,332 |  |  | — |  |  | (18,095 | ) |  | — |
Net income | 6,014 |  |  | 10,763 |  |  | 8,084 |  |  | (18,095 | ) |  | 6,766 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 752 |  |  | — |  |  | 752 |
Net income attributable to Oppenheimer Holdings Inc. | 6,014 |  |  | 10,763 |  |  | 7,332 |  |  | (18,095 | ) |  | 6,014 |
Other comprehensive income | — |  |  | — |  |  | 750 |  |  | — |  |  | 750 |
Total comprehensive income | $ | 6,014 |  |  | $ | 10,763 |  |  | $ | 8,082 |  |  | $ | (18,095 | ) |  | $ | 6,764 |
Condensed Consolidating Statement of Cash Flows |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 7,191 |  |  | $ | (2,061 | ) |  | $ | (45,845 | ) |  | $ | — |  |  | $ | (40,715 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of office facilities | — |  |  | — |  |  | (2,572 | ) |  | — |  |  | (2,572 | )
Proceeds from sale of assets | — |  |  | — |  |  | 43,252 |  |  | — |  |  | 43,252 |
Cash provided by investing activities | — |  |  | — |  |  | 40,680 |  |  | — |  |  | 40,680 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (2,947 | ) |  | — |  |  | — |  |  | — |  |  | (2,947 | )
Repurchase of Class A non-voting common stock for cancellation | (3,798 | ) |  | — |  |  | — |  |  | — |  |  | (3,798 | )
Tax deficiency from share-based awards | (747 | ) |  | — |  |  | — |  |  | — |  |  | (747 | )
Increase in bank call loans, net | — |  |  | — |  |  | 51,700 |  |  | — |  |  | 51,700 |
Cash flow provided by (used in) financing activities | (7,492 | ) |  | — |  |  | 51,700 |  |  | — |  |  | 44,208 |
Net increase (decrease) in cash and cash equivalents | (301 | ) |  | (2,061 | ) |  | 46,535 |  |  | — |  |  | 44,173 |
Cash and cash equivalents, beginning of the period | 907 |  |  | 2,586 |  |  | 59,871 |  |  | — |  |  | 63,364 |
Cash and cash equivalents, end of the period | $ | 606 |  |  | $ | 525 |  |  | $ | 106,406 |  |  | $ | — |  |  | $ | 107,537 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 2,883 |  |  | $ | 1,128 |  |  | $ | (130,399 | ) |  | $ | — |  |  | $ | (126,388 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of office facilities | — |  |  | — |  |  | (1,913 | ) |  | — |  |  | (1,913 | )
Cash used in investing activities | — |  |  | — |  |  | (1,913 | ) |  | — |  |  | (1,913 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (3,023 | ) |  | — |  |  | — |  |  | — |  |  | (3,023 | )
Tax deficiency from share-based awards | (270 | ) |  | — |  |  | — |  |  | — |  |  | (270 | )
Increase in bank call loans, net | — |  |  | — |  |  | 118,100 |  |  | — |  |  | 118,100 |
Cash flow provided by (used in) financing activities | (3,293 | ) |  | — |  |  | 118,100 |  |  | — |  |  | 114,807 |
Net increase (decrease) in cash and cash equivalents | (410 | ) |  | 1,128 |  |  | (14,212 | ) |  | — |  |  | (13,494 | )
Cash and cash equivalents, beginning of the period | 439 |  |  | 1,557 |  |  | 61,811 |  |  | — |  |  | 63,807 |
Cash and cash equivalents, end of the period | $ | 29 |  |  | $ | 2,685 |  |  | $ | 47,599 |  |  | $ | — |  |  | $ | 50,313 |

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