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Discontinued Operations (Tables) | 6 Months Ended
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Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following is a summary of the assets and liabilities of OMHHF as of June 30, 2016 and December 31, 2015:
(Expressed in thousands) |  |  |  |
|  | June 30, 2016 |  | December 31, 2015
ASSETS |  |  |  |
Securities owned |  | $ | 562 |  |  | $ | 562 |
Loans held for sale |  | 1,743 |  |  | 60,234 |
Mortgage servicing rights |  | 1,993 |  |  | 28,168 |
Other assets |  | 17,466 |  |  | 10,917 |
Total assets |  | $ | 21,764 |  |  | $ | 99,881 |
LIABILITIES |  |  |  |
Accounts payable and other liabilities |  | $ | 35,689 |  |  | $ | 64,124 |
Deferred tax liability |  | 801 |  |  | 10,556 |
Total liabilities |  | $ | 36,490 |  |  | $ | 74,680 |
The following is a summary of revenue and expenses of OMHHF for the three and six months ended June 30, 2016 and 2015:
(Expressed in thousands) |  |  |  |  |  |  |
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
REVENUE |  |  |  |  |  |  |
Interest | $ | 472 |  |  | $ | 717 |  |  | $ | 809 |  |  | $ | 1,049 |
Principal transactions, net | (1,541 | ) |  | (1,831 | ) |  | (6,628 | ) |  | 8,226 |
Gain on sale of assets | 14,916 |  |  | — |  |  | 14,916 |  |  | — |
Other | 4,070 |  |  | 12,082 |  |  | 12,558 |  |  | 10,079 |
Total revenue | 17,917 |  |  | 10,968 |  |  | 21,655 |  |  | 19,354 |
EXPENSES |  |  |  |  |  |  |
Compensation and related expenses | 735 |  |  | 4,409 |  |  | 3,652 |  |  | 6,676 |
Communications and technology | 59 |  |  | 100 |  |  | 161 |  |  | 196 |
Occupancy and equipment costs | 286 |  |  | 74 |  |  | 362 |  |  | 150 |
Interest | 159 |  |  | 399 |  |  | 380 |  |  | 540 |
Other | 1,312 |  |  | 2,255 |  |  | 2,391 |  |  | 4,024 |
Total expenses | 2,551 |  |  | 7,237 |  |  | 6,946 |  |  | 11,586 |
Income before income taxes | $ | 15,366 |  |  | $ | 3,731 |  |  | $ | 14,709 |  |  | $ | 7,768 |
Income attributable to noncontrolling interest before income taxes | $ | 2,508 |  |  | $ | 609 |  |  | $ | 2,401 |  |  | $ | 1,268 |
The following is a summary of cash flows of OMHHF for the three and six months ended June 30, 2016 and 2015:
(Expressed in thousands) |  |  |
| For the Six Months Ended June 30,
| 2016 |  | 2015
Cash provided by operating activities | $ | 5,624 |  |  | $ | 1,960 |
Cash provided by investing activities | 43,252 |  |  | — |
Cash used in financing activities | (124 | ) |  | (124 | )
Net increase in cash and cash equivalents | $ | 48,752 |  |  | $ | 1,836 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760 + Details
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