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Condensed Consolidating Financial Information (Tables) | 9 Months Ended
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Sep. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF SEPTEMBER 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 302 |  |  | $ | 30,379 |  |  | $ | 68,363 |  |  | $ | — |  |  | $ | 99,044 |
Deposits with clearing organizations | — |  |  | — |  |  | 35,614 |  |  | — |  |  | 35,614 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 255,818 |  |  | — |  |  | 255,818 |
Receivable from customers, net of allowance for credit losses of $2,503 | — |  |  | — |  |  | 798,048 |  |  | — |  |  | 798,048 |
Income tax receivable | 41,022 |  |  | 28,220 |  |  | — |  |  | (49,177 | ) |  | 20,065 |
Securities owned, including amounts pledged of $799,379, at fair value | — |  |  | 1,269 |  |  | 1,026,664 |  |  | — |  |  | 1,027,933 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $64,763 and $8,037, respectively | — |  |  | — |  |  | 31,120 |  |  | — |  |  | 31,120 |
Office facilities, net of accumulated depreciation of $109,278 | — |  |  | 21,803 |  |  | 6,518 |  |  | — |  |  | 28,321 |
Assets held for sale | — |  |  | — |  |  | 11,748 |  |  | — |  |  | 11,748 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 128 |  |  | 2,503 |  |  | 103,750 |  |  | — |  |  | 106,381 |
Deferred tax assets | 100 |  |  | 309 |  |  | 38,219 |  |  | (38,628 | ) |  | — |
Investment in subsidiaries | 584,576 |  |  | 494,160 |  |  | — |  |  | (1,078,736 | ) |  | — |
Intercompany receivables | 45,174 |  |  | 28,872 |  |  | — |  |  | (74,046 | ) |  | — |
Total assets | $ | 671,302 |  |  | $ | 720,073 |  |  | $ | 2,545,451 |  |  | $ | (1,353,145 | ) |  | $ | 2,583,681 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 31,414 |  |  | $ | — |  |  | $ | 31,414 |
Bank call loans | — |  |  | — |  |  | 132,000 |  |  | — |  |  | 132,000 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 154,168 |  |  | — |  |  | 154,168 |
Payable to customers | — |  |  | — |  |  | 517,681 |  |  | — |  |  | 517,681 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 528,113 |  |  | — |  |  | 528,113 |
Securities sold, but not yet purchased, at fair value | — |  |  | — |  |  | 295,507 |  |  | — |  |  | 295,507 |
Liabilities held for sale | — |  |  | — |  |  | 20,605 |  |  | — |  |  | 20,605 |
Accrued compensation | — |  |  | — |  |  | 120,976 |  |  | — |  |  | 120,976 |
Accounts payable and other liabilities | 6,135 |  |  | 34,191 |  |  | 65,444 |  |  | — |  |  | 105,770 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 24,548 |  |  | (49,177 | ) |  | — |
Senior secured notes, net of debt issuance costs of $769 | 149,231 |  |  | — |  |  | — |  |  | — |  |  | 149,231 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities, net of deferred tax assets of $62,014 | — |  |  | 10 |  |  | 50,822 |  |  | (38,628 | ) |  | 12,204 |
Intercompany payables | — |  |  | 62,205 |  |  | 11,841 |  |  | (74,046 | ) |  | — |
Total liabilities | 157,806 |  |  | 118,595 |  |  | 2,065,677 |  |  | (274,409 | ) |  | 2,067,669 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 513,496 |  |  | 601,478 |  |  | 477,258 |  |  | (1,078,736 | ) |  | 513,496 |
Noncontrolling interest | — |  |  | — |  |  | 2,516 |  |  | — |  |  | 2,516 |
Total stockholders' equity | 513,496 |  |  | 601,478 |  |  | 479,774 |  |  | (1,078,736 | ) |  | 516,012 |
Total liabilities and stockholders' equity | $ | 671,302 |  |  | $ | 720,073 |  |  | $ | 2,545,451 |  |  | $ | (1,353,145 | ) |  | $ | 2,583,681 |
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 SEPTEMBER 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 90,023 |  |  | $ | — |  |  | $ | 90,023 |
Advisory fees | — |  |  | — |  |  | 67,889 |  |  | (437 | ) |  | 67,452 |
Investment banking | — |  |  | — |  |  | 20,280 |  |  | — |  |  | 20,280 |
Interest | — |  |  | 2,556 |  |  | 11,427 |  |  | (2,692 | ) |  | 11,291 |
Principal transactions, net | — |  |  | 1 |  |  | 4,921 |  |  | — |  |  | 4,922 |
Other | — |  |  | 81 |  |  | 17,836 |  |  | (81 | ) |  | 17,836 |
Total revenue | — |  |  | 2,638 |  |  | 212,376 |  |  | (3,210 | ) |  | 211,804 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 251 |  |  | — |  |  | 142,057 |  |  | — |  |  | 142,308 |
Communications and technology | 30 |  |  | — |  |  | 17,171 |  |  | — |  |  | 17,201 |
Occupancy and equipment costs | — |  |  | — |  |  | 14,990 |  |  | (81 | ) |  | 14,909 |
Clearing and exchange fees | — |  |  | — |  |  | 5,886 |  |  | — |  |  | 5,886 |
Interest | 3,281 |  |  | — |  |  | 4,098 |  |  | (2,692 | ) |  | 4,687 |
Other | 310 |  |  | 3 |  |  | 28,747 |  |  | (437 | ) |  | 28,623 |
Total expenses | 3,872 |  |  | 3 |  |  | 212,949 |  |  | (3,210 | ) |  | 213,614 |
Income (loss) before income taxes | (3,872 | ) |  | 2,635 |  |  | (573 | ) |  | — |  |  | (1,810 | )
Income taxes | (2,018 | ) |  | 402 |  |  | 865 |  |  | — |  |  | (751 | )
Net income (loss) from continuing operations | (1,854 | ) |  | 2,233 |  |  | (1,438 | ) |  | — |  |  | (1,059 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 888 |  |  | — |  |  | 888 |
Income taxes | — |  |  | — |  |  | 475 |  |  | — |  |  | 475 |
Net income from discontinued operations | — |  |  | — |  |  | 413 |  |  | — |  |  | 413 |
Equity in earnings of subsidiaries | 1,142 |  |  | (1,091 | ) |  | — |  |  | (51 | ) |  | — |
Net income (loss) | (712 | ) |  | 1,142 |  |  | (1,025 | ) |  | (51 | ) |  | (646 | )
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 66 |  |  | — |  |  | 66 |
Net income (loss) attributable to Oppenheimer Holdings Inc. | (712 | ) |  | 1,142 |  |  | (1,091 | ) |  | (51 | ) |  | (712 | )
Other comprehensive income | — |  |  | — |  |  | 681 |  |  | — |  |  | 681 |
Total comprehensive income (loss) | $ | (712 | ) |  | $ | 1,142 |  |  | $ | (410 | ) |  | $ | (51 | ) |  | $ | (31 | )
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 286,447 |  |  | $ | — |  |  | $ | 286,447 |
Advisory fees | — |  |  | — |  |  | 200,779 |  |  | (1,197 | ) |  | 199,582 |
Investment banking | — |  |  | — |  |  | 51,544 |  |  | — |  |  | 51,544 |
Interest | — |  |  | 7,669 |  |  | 36,495 |  |  | (7,824 | ) |  | 36,340 |
Principal transactions, net | — |  |  | 53 |  |  | 19,064 |  |  | — |  |  | 19,117 |
Other | — |  |  | 240 |  |  | 45,803 |  |  | (239 | ) |  | 45,804 |
Total revenue | — |  |  | 7,962 |  |  | 640,132 |  |  | (9,260 | ) |  | 638,834 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 994 |  |  | — |  |  | 431,530 |  |  | — |  |  | 432,524 |
Communications and technology | 92 |  |  | — |  |  | 52,427 |  |  | — |  |  | 52,519 |
Occupancy and equipment costs | — |  |  | — |  |  | 45,035 |  |  | (239 | ) |  | 44,796 |
Clearing and exchange fees | — |  |  | — |  |  | 19,006 |  |  | — |  |  | 19,006 |
Interest | 9,844 |  |  | — |  |  | 12,506 |  |  | (7,824 | ) |  | 14,526 |
Other | 1,506 |  |  | 8 |  |  | 89,542 |  |  | (1,197 | ) |  | 89,859 |
Total expenses | 12,436 |  |  | 8 |  |  | 650,046 |  |  | (9,260 | ) |  | 653,230 |
Income (loss) before income taxes | (12,436 | ) |  | 7,954 |  |  | (9,914 | ) |  | — |  |  | (14,396 | )
Income taxes | (7,004 | ) |  | 2,405 |  |  | (2,591 | ) |  | — |  |  | (7,190 | )
Net income (loss) from continuing operations | (5,432 | ) |  | 5,549 |  |  | (7,323 | ) |  | — |  |  | (7,206 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 15,597 |  |  | — |  |  | 15,597 |
Income taxes | — |  |  | — |  |  | 6,235 |  |  | — |  |  | 6,235 |
Net income from discontinued operations | — |  |  | — |  |  | 9,362 |  |  | — |  |  | 9,362 |
Equity in earnings of subsidiaries | 6,061 |  |  | 512 |  |  | — |  |  | (6,573 | ) |  | — |
Net income | 629 |  |  | 6,061 |  |  | 2,039 |  |  | (6,573 | ) |  | 2,156 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,527 |  |  | — |  |  | 1,527 |
Net income attributable to Oppenheimer Holdings Inc. | 629 |  |  | 6,061 |  |  | 512 |  |  | (6,573 | ) |  | 629 |
Other comprehensive income | — |  |  | — |  |  | 900 |  |  | — |  |  | 900 |
Total comprehensive income | $ | 629 |  |  | $ | 6,061 |  |  | $ | 1,412 |  |  | $ | (6,573 | ) |  | $ | 1,529 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 101,243 |  |  | $ | — |  |  | $ | 101,243 |
Advisory fees | — |  |  | — |  |  | 69,938 |  |  | (381 | ) |  | 69,557 |
Investment banking | — |  |  | — |  |  | 16,548 |  |  | — |  |  | 16,548 |
Interest | — |  |  | 2,557 |  |  | 13,767 |  |  | (2,565 | ) |  | 13,759 |
Principal transactions, net | — |  |  | — |  |  | 2,548 |  |  | (239 | ) |  | 2,309 |
Other | — |  |  | 96 |  |  | 4,040 |  |  | (74 | ) |  | 4,062 |
Total revenue | — |  |  | 2,653 |  |  | 208,084 |  |  | (3,259 | ) |  | 207,478 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 254 |  |  | — |  |  | 139,060 |  |  | — |  |  | 139,314 |
Communications and technology | 27 |  |  | — |  |  | 16,369 |  |  | — |  |  | 16,396 |
Occupancy and equipment costs | — |  |  | — |  |  | 16,157 |  |  | (74 | ) |  | 16,083 |
Clearing and exchange fees | — |  |  | — |  |  | 6,909 |  |  | — |  |  | 6,909 |
Interest | 3,282 |  |  |  |  |  | 3,511 |  |  | (2,565 | ) |  | 4,228 |
Other | 234 |  |  | 252 |  |  | 27,255 |  |  | (620 | ) |  | 27,121 |
Total expenses | 3,797 |  |  | 252 |  |  | 209,261 |  |  | (3,259 | ) |  | 210,051 |
Income (loss) before income taxes | (3,797 | ) |  | 2,401 |  |  | (1,177 | ) |  | — |  |  | (2,573 | )
Income taxes | (1,343 | ) |  | 1,360 |  |  | (1,454 | ) |  | — |  |  | (1,437 | )
Net income (loss) from continuing operations | (2,454 | ) |  | 1,041 |  |  | 277 |  |  | — |  |  | (1,136 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 1,046 |  |  | — |  |  | 1,046 |
Income taxes | — |  |  | — |  |  | 687 |  |  | — |  |  | 687 |
Net income from discontinued operations | — |  |  | — |  |  | 359 |  |  | — |  |  | 359 |
Equity in earnings of subsidiaries | 1,546 |  |  | 505 |  |  | — |  |  | (2,051 | ) |  | — |
Net income (loss) | (908 | ) |  | 1,546 |  |  | 636 |  |  | (2,051 | ) |  | (777 | )
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 131 |  |  | — |  |  | 131 |
Net income (loss) attributable to Oppenheimer Holdings Inc. | (908 | ) |  | 1,546 |  |  | 505 |  |  | (2,051 | ) |  | (908 | )
Other comprehensive loss | — |  |  | — |  |  | (916 | ) |  | — |  |  | (916 | )
Total comprehensive income (loss) | $ | (908 | ) |  | $ | 1,546 |  |  | $ | (411 | ) |  | $ | (2,051 | ) |  | $ | (1,824 | )
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 314,494 |  |  | $ | — |  |  | $ | 314,494 |
Advisory fees | — |  |  | — |  |  | 214,012 |  |  | (1,246 | ) |  | 212,766 |
Investment banking | — |  |  | — |  |  | 72,873 |  |  | — |  |  | 72,873 |
Interest | — |  |  | 7,680 |  |  | 35,789 |  |  | (7,694 | ) |  | 35,775 |
Principal transactions, net | — |  |  | — |  |  | 14,670 |  |  | (323 | ) |  | 14,347 |
Other | — |  |  | 287 |  |  | 22,295 |  |  | (225 | ) |  | 22,357 |
Total revenue | — |  |  | 7,967 |  |  | 674,133 |  |  | (9,488 | ) |  | 672,612 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 829 |  |  | — |  |  | 453,114 |  |  | — |  |  | 453,943 |
Communications and technology | 94 |  |  | — |  |  | 49,681 |  |  | — |  |  | 49,775 |
Occupancy and equipment costs | — |  |  | — |  |  | 47,920 |  |  | (225 | ) |  | 47,695 |
Clearing and exchange fees | — |  |  | — |  |  | 19,542 |  |  | — |  |  | 19,542 |
Interest | 9,844 |  |  | — |  |  | 9,953 |  |  | (7,694 | ) |  | 12,103 |
Other | 780 |  |  | 365 |  |  | 87,838 |  |  | (1,569 | ) |  | 87,414 |
Total expenses | 11,547 |  |  | 365 |  |  | 668,048 |  |  | (9,488 | ) |  | 670,472 |
Income (loss) before income taxes | (11,547 | ) |  | 7,602 |  |  | 6,085 |  |  | — |  |  | 2,140 |
Income taxes | (4,344 | ) |  | 3,130 |  |  | 2,332 |  |  | — |  |  | 1,118 |
Net income (loss) from continuing operations | (7,203 | ) |  | 4,472 |  |  | 3,753 |  |  | — |  |  | 1,022 |
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 8,814 |  |  | — |  |  | 8,814 |
Income taxes | — |  |  | — |  |  | 3,847 |  |  | — |  |  | 3,847 |
Net income from discontinued operations | — |  |  | — |  |  | 4,967 |  |  | — |  |  | 4,967 |
Equity in earnings of subsidiaries | 12,309 |  |  | 7,837 |  |  | — |  |  | (20,146 | ) |  | — |
Net income | 5,106 |  |  | 12,309 |  |  | 8,720 |  |  | (20,146 | ) |  | 5,989 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 883 |  |  | — |  |  | 883 |
Net income attributable to Oppenheimer Holdings Inc. | 5,106 |  |  | 12,309 |  |  | 7,837 |  |  | (20,146 | ) |  | 5,106 |
Other comprehensive loss | — |  |  | — |  |  | (166 | ) |  | — |  |  | (166 | )
Total comprehensive income | $ | 5,106 |  |  | $ | 12,309 |  |  | $ | 7,671 |  |  | $ | (20,146 | ) |  | $ | 4,940 |
Condensed Consolidating Statement of Cash Flows |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 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 | $ | 8,395 |  |  | $ | 27,793 |  |  | $ | (60,733 | ) |  | $ | — |  |  | $ | (24,545 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of office facilities | — |  |  | — |  |  | (4,397 | ) |  | — |  |  | (4,397 | )
Proceeds from sale of assets | — |  |  | — |  |  | 47,562 |  |  | — |  |  | 47,562 |
Cash provided by investing activities | — |  |  | — |  |  | 43,165 |  |  | — |  |  | 43,165 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (4,417 | ) |  | — |  |  |  |  |  | — |  |  | (4,417 | )
Cash dividends paid to noncontrolling interest | — |  |  | — |  |  | (5,740 | ) |  | — |  |  | (5,740 | )
Repurchase of Class A non-voting common stock for cancellation | (3,832 | ) |  | — |  |  | — |  |  | — |  |  | (3,832 | )
Tax deficiency from share-based awards | (751 | ) |  | — |  |  | — |  |  | — |  |  | (751 | )
Increase in bank call loans, net | — |  |  | — |  |  | 31,800 |  |  | — |  |  | 31,800 |
Cash flow provided by (used in) financing activities | (9,000 | ) |  | — |  |  | 26,060 |  |  | — |  |  | 17,060 |
Net increase (decrease) in cash and cash equivalents | (605 | ) |  | 27,793 |  |  | 8,492 |  |  | — |  |  | 35,680 |
Cash and cash equivalents, beginning of the period | 907 |  |  | 2,586 |  |  | 59,871 |  |  | — |  |  | 63,364 |
Cash and cash equivalents, end of the period | $ | 302 |  |  | $ | 30,379 |  |  | $ | 68,363 |  |  | $ | — |  |  | $ | 99,044 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 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 | $ | 11,548 |  |  | $ | (180 | ) |  | $ | (101,167 | ) |  | $ | — |  |  | $ | (89,799 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of office facilities | — |  |  | — |  |  | (3,613 | ) |  | — |  |  | (3,613 | )
Cash used in investing activities | — |  |  | — |  |  | (3,613 | ) |  | — |  |  | (3,613 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (4,531 | ) |  | — |  |  | — |  |  | — |  |  | (4,531 | )
Repurchase of Class A non-voting common stock | (6,618 | ) |  | — |  |  | — |  |  | — |  |  | (6,618 | )
Tax deficiency from share-based awards | (235 | ) |  | — |  |  | — |  |  | — |  |  | (235 | )
Increase in bank call loans, net | — |  |  | — |  |  | 88,300 |  |  | — |  |  | 88,300 |
Cash flow provided by (used in) financing activities | (11,384 | ) |  | — |  |  | 88,300 |  |  | — |  |  | 76,916 |
Net increase (decrease) in cash and cash equivalents | 164 |  |  | (180 | ) |  | (16,480 | ) |  | — |  |  | (16,496 | )
Cash and cash equivalents, beginning of the period | 439 |  |  | 1,557 |  |  | 61,811 |  |  | — |  |  | 63,807 |
Cash and cash equivalents, end of the period | $ | 603 |  |  | $ | 1,377 |  |  | $ | 45,331 |  |  | $ | — |  |  | $ | 47,311 |

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