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Supplemental Guarantor Consolidated Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 229 |  |  | $ | 10,284 |  |  | $ | 54,400 |  |  | $ | — |  |  | $ | 64,913 |
Deposits with clearing organizations | — |  |  | — |  |  | 38,185 |  |  | — |  |  | 38,185 |
Receivable from brokers, dealers and clearing organizations | — |  |  | — |  |  | 214,934 |  |  | — |  |  | 214,934 |
Receivable from customers, net of allowance for credit losses of $794 | — |  |  | — |  |  | 847,386 |  |  | — |  |  | 847,386 |
Income tax receivable | 41,996 |  |  | 28,289 |  |  | — |  |  | (64,469 | ) |  | 5,816 |
Securities purchased under agreements to resell | — |  |  | — |  |  | 24,006 |  |  | — |  |  | 24,006 |
Securities owned, including amounts pledged of $438,385, at fair value | — |  |  | 23,227 |  |  | 683,881 |  |  | — |  |  | 707,108 |
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $24,826 and $6,784, respectively | — |  |  | — |  |  | 30,099 |  |  | — |  |  | 30,099 |
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $84,073 | — |  |  | 21,963 |  |  | 5,270 |  |  | — |  |  | 27,233 |
Assets held for sale | — |  |  | — |  |  | 5,188 |  |  | — |  |  | 5,188 |
Subordinated loan receivable | — |  |  | 112,558 |  |  | — |  |  | (112,558 | ) |  | — |
Intangible assets | — |  |  | — |  |  | 31,700 |  |  | — |  |  | 31,700 |
Goodwill | — |  |  | — |  |  | 137,889 |  |  | — |  |  | 137,889 |
Other assets | 71 |  |  | 2,598 |  |  | 99,804 |  |  | — |  |  | 102,473 |
Deferred tax assets | 394 |  |  | 309 |  |  | 37,961 |  |  | (38,664 | ) |  | — |
Investment in subsidiaries | 584,767 |  |  | 483,623 |  |  | — |  |  | (1,068,390 | ) |  | — |
Intercompany receivables | 37,906 |  |  | 37,914 |  |  | — |  |  | (75,820 | ) |  | — |
Total assets | $ | 665,363 |  |  | $ | 720,765 |  |  | $ | 2,210,703 |  |  | $ | (1,359,901 | ) |  | $ | 2,236,930 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Drafts payable | $ | — |  |  | $ | — |  |  | $ | 39,228 |  |  | $ | — |  |  | $ | 39,228 |
Bank call loans | — |  |  | — |  |  | 145,800 |  |  | — |  |  | 145,800 |
Payable to brokers, dealers and clearing organizations | — |  |  | — |  |  | 221,389 |  |  | — |  |  | 221,389 |
Payable to customers | — |  |  | — |  |  | 449,946 |  |  | — |  |  | 449,946 |
Securities sold under agreements to repurchase | — |  |  | — |  |  | 378,084 |  |  | — |  |  | 378,084 |
Securities sold but not yet purchased, at fair value | — |  |  | — |  |  | 85,050 |  |  | — |  |  | 85,050 |
Liabilities held for sale | — |  |  | — |  |  | 1,217 |  |  | — |  |  | 1,217 |
Accrued compensation | — |  |  | — |  |  | 145,053 |  |  | — |  |  | 145,053 |
Accounts payable and other liabilities | 2,868 |  |  | 34,920 |  |  | 57,552 |  |  | — |  |  | 95,340 |
Income tax payable | 2,440 |  |  | 22,189 |  |  | 39,840 |  |  | (64,469 | ) |  | — |
Senior secured notes, net of debt issuance cost of $648 | 149,352 |  |  | — |  |  | — |  |  | — |  |  | 149,352 |
Subordinated indebtedness | — |  |  | — |  |  | 112,558 |  |  | (112,558 | ) |  | — |
Deferred tax liabilities | — |  |  | 7 |  |  | 51,794 |  |  | (38,664 | ) |  | 13,137 |
Intercompany payables | — |  |  | 62,205 |  |  | 13,615 |  |  | (75,820 | ) |  | — |
Total liabilities | 154,660 |  |  | 119,321 |  |  | 1,741,126 |  |  | (291,511 | ) |  | 1,723,596 |
Stockholders' equity |  |  |  |  |  |  |  |  |
Stockholders' equity attributable to Oppenheimer Holdings Inc. | 510,703 |  |  | 601,444 |  |  | 466,946 |  |  | (1,068,390 | ) |  | 510,703 |
Noncontrolling interest | — |  |  | — |  |  | 2,631 |  |  | — |  |  | 2,631 |
Total stockholders' equity | 510,703 |  |  | 601,444 |  |  | 469,577 |  |  | (1,068,390 | ) |  | 513,334 |
Total liabilities and stockholders' equity | $ | 665,363 |  |  | $ | 720,765 |  |  | $ | 2,210,703 |  |  | $ | (1,359,901 | ) |  | $ | 2,236,930 |
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 |
Furniture, equipment and leasehold improvements, 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 | — |  |  | — |  |  | 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 YEAR ENDED DECEMBER 31, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 377,317 |  |  | $ | — |  |  | $ | 377,317 |
Advisory fees | — |  |  | 1,571 |  |  | 271,763 |  |  | (4,215 | ) |  | 269,119 |
Investment banking | — |  |  | — |  |  | 81,011 |  |  | — |  |  | 81,011 |
Interest | — |  |  | 10,242 |  |  | 47,804 |  |  | (10,397 | ) |  | 47,649 |
Principal transactions, net | — |  |  | 16 |  |  | 20,465 |  |  | — |  |  | 20,481 |
Other | — |  |  | 326 |  |  | 62,201 |  |  | (325 | ) |  | 62,202 |
Total revenue | — |  |  | 12,155 |  |  | 860,561 |  |  | (14,937 | ) |  | 857,779 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 1,241 |  |  | — |  |  | 583,469 |  |  | — |  |  | 584,710 |
Communications and technology | 124 |  |  | — |  |  | 70,266 |  |  | — |  |  | 70,390 |
Occupancy and equipment costs | — |  |  | — |  |  | 61,116 |  |  | (325 | ) |  | 60,791 |
Clearing and exchange fees | — |  |  | — |  |  | 25,126 |  |  | — |  |  | 25,126 |
Interest | 13,125 |  |  | — |  |  | 16,709 |  |  | (10,397 | ) |  | 19,437 |
Other | 1,887 |  |  | 1,284 |  |  | 120,261 |  |  | (4,215 | ) |  | 119,217 |
Total expenses | 16,377 |  |  | 1,284 |  |  | 876,947 |  |  | (14,937 | ) |  | 879,671 |
Income (loss) before income taxes | (16,377 | ) |  | 10,871 |  |  | (16,386 | ) |  | — |  |  | (21,892 | )
Income taxes | (8,296 | ) |  | 3,325 |  |  | (7,291 | ) |  | — |  |  | (12,262 | )
Net income (loss) from continuing operations | (8,081 | ) |  | 7,546 |  |  | (9,095 | ) |  | — |  |  | (9,630 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 17,339 |  |  | — |  |  | 17,339 |
Income taxes | — |  |  | — |  |  | 7,218 |  |  | — |  |  | 7,218 |
Net income from discontinued operations | — |  |  | — |  |  | 10,121 |  |  | — |  |  | 10,121 |
Equity in earnings of subsidiaries | 6,920 |  |  | (626 | ) |  | — |  |  | (6,294 | ) |  | — |
Net income (loss) | (1,161 | ) |  | 6,920 |  |  | 1,026 |  |  | (6,294 | ) |  | 491 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 1,652 |  |  | — |  |  | 1,652 |
Net income (loss) attributable to Oppenheimer Holdings Inc. | (1,161 | ) |  | 6,920 |  |  | (626 | ) |  | (6,294 | ) |  | (1,161 | )
Other comprehensive income | — |  |  | — |  |  | 220 |  |  | — |  |  | 220 |
Total comprehensive income (loss) | $ | (1,161 | ) |  | $ | 6,920 |  |  | $ | (406 | ) |  | $ | (6,294 | ) |  | $ | (941 | )
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 417,559 |  |  | $ | — |  |  | $ | 417,559 |
Advisory fees | — |  |  | 1,296 |  |  | 282,633 |  |  | (3,682 | ) |  | 280,247 |
Investment banking | — |  |  | — |  |  | 102,540 |  |  | — |  |  | 102,540 |
Interest | — |  |  | 10,237 |  |  | 49,056 |  |  | (10,261 | ) |  | 49,032 |
Principal transactions, net | — |  |  | — |  |  | 15,244 |  |  | (64 | ) |  | 15,180 |
Other | — |  |  | 370 |  |  | 33,173 |  |  | (300 | ) |  | 33,243 |
Total revenue | — |  |  | 11,903 |  |  | 900,205 |  |  | (14,307 | ) |  | 897,801 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 1,185 |  |  | — |  |  | 609,635 |  |  | — |  |  | 610,820 |
Communications and technology | 142 |  |  | — |  |  | 66,407 |  |  | — |  |  | 66,549 |
Occupancy and equipment costs | — |  |  | — |  |  | 63,142 |  |  | (300 | ) |  | 62,842 |
Clearing and exchange fees | — |  |  | — |  |  | 26,022 |  |  | — |  |  | 26,022 |
Interest | 13,125 |  |  | — |  |  | 13,465 |  |  | (10,261 | ) |  | 16,329 |
Other | 1,663 |  |  | 892 |  |  | 118,858 |  |  | (3,746 | ) |  | 117,667 |
Total expenses | 16,115 |  |  | 892 |  |  | 897,529 |  |  | (14,307 | ) |  | 900,229 |
Income (loss) before income taxes | (16,115 | ) |  | 11,011 |  |  | 2,676 |  |  | — |  |  | (2,428 | )
Income taxes | (6,030 | ) |  | 5,553 |  |  | 883 |  |  | — |  |  | 406 |
Net income (loss) from continuing operations | (10,085 | ) |  | 5,458 |  |  | 1,793 |  |  | — |  |  | (2,834 | )
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 9,139 |  |  | — |  |  | 9,139 |
Income taxes | — |  |  | — |  |  | 3,407 |  |  | — |  |  | 3,407 |
Net income from discontinued operations | — |  |  | — |  |  | 5,732 |  |  | — |  |  | 5,732 |
Equity in earnings of subsidiaries | 12,047 |  |  | 6,589 |  |  | — |  |  | (18,636 | ) |  | — |
Net income | 1,962 |  |  | 12,047 |  |  | 7,525 |  |  | (18,636 | ) |  | 2,898 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 936 |  |  | — |  |  | 936 |
Net income attributable to Oppenheimer Holdings Inc. | 1,962 |  |  | 12,047 |  |  | 6,589 |  |  | (18,636 | ) |  | 1,962 |
Other comprehensive income | — |  |  | — |  |  | 17 |  |  | — |  |  | 17 |
Total comprehensive income | $ | 1,962 |  |  | $ | 12,047 |  |  | $ | 6,606 |  |  | $ | (18,636 | ) |  | $ | 1,979 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2014
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-guarantor Subsidiaries |  | Eliminations |  | Consolidated
REVENUES |  |  |  |  |  |  |  |  |
Commissions | $ | — |  |  | $ | — |  |  | $ | 469,829 |  |  | $ | — |  |  | $ | 469,829 |
Advisory fees | — |  |  | 1,139 |  |  | 283,785 |  |  | (3,244 | ) |  | 281,680 |
Investment banking | — |  |  | — |  |  | 125,598 |  |  | — |  |  | 125,598 |
Interest | — |  |  | 10,482 |  |  | 47,454 |  |  | (10,431 | ) |  | 47,505 |
Principal transactions, net | — |  |  | 164 |  |  | 27,351 |  |  | — |  |  | 27,515 |
Other | — |  |  | 477 |  |  | 28,956 |  |  | (425 | ) |  | 29,008 |
Total revenue | — |  |  | 12,262 |  |  | 982,973 |  |  | (14,100 | ) |  | 981,135 |
EXPENSES |  |  |  |  |  |  |  |  |
Compensation and related expenses | 1,047 |  |  | — |  |  | 653,349 |  |  | — |  |  | 654,396 |
Communications and technology | 145 |  |  | — |  |  | 66,605 |  |  | — |  |  | 66,750 |
Occupancy and equipment costs | — |  |  | — |  |  | 63,096 |  |  | (425 | ) |  | 62,671 |
Clearing and exchange fees | — |  |  | — |  |  | 24,709 |  |  | — |  |  | 24,709 |
Interest | 14,401 |  |  | — |  |  | 12,986 |  |  | (10,431 | ) |  | 16,956 |
Other | 4,626 |  |  | 733 |  |  | 136,348 |  |  | (3,244 | ) |  | 138,463 |
Total expenses | 20,219 |  |  | 733 |  |  | 957,093 |  |  | (14,100 | ) |  | 963,945 |
Income (loss) before income taxes | (20,219 | ) |  | 11,529 |  |  | 25,880 |  |  | — |  |  | 17,190 |
Income taxes | (7,917 | ) |  | 3,971 |  |  | 16,080 |  |  | — |  |  | 12,134 |
Net income (loss) from continuing operations | (12,302 | ) |  | 7,558 |  |  | 9,800 |  |  | — |  |  | 5,056 |
Discontinued operations |  |  |  |  |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 8,546 |  |  | — |  |  | 8,546 |
Income taxes | — |  |  | — |  |  | 4,041 |  |  | — |  |  | 4,041 |
Net income from discontinued operations | — |  |  | — |  |  | 4,505 |  |  | — |  |  | 4,505 |
Equity in earnings of subsidiaries | 21,128 |  |  | 13,570 |  |  | — |  |  | (34,698 | ) |  | — |
Net income | 8,826 |  |  | 21,128 |  |  | 14,305 |  |  | (34,698 | ) |  | 9,561 |
Less net income attributable to noncontrolling interest, net of tax | — |  |  | — |  |  | 735 |  |  | — |  |  | 735 |
Net income attributable to Oppenheimer Holdings Inc. | 8,826 |  |  | 21,128 |  |  | 13,570 |  |  | (34,698 | ) |  | 8,826 |
Other comprehensive loss | — |  |  | — |  |  | (2,627 | ) |  | — |  |  | (2,627 | )
Total comprehensive income | $ | 8,826 |  |  | $ | 21,128 |  |  | $ | 10,943 |  |  | $ | (34,698 | ) |  | $ | 6,199 |
Condensed Consolidating Statement of Cash Flows | OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2016
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 9,884 |  |  | $ | 7,698 |  |  | $ | (85,048 | ) |  | $ | — |  |  | $ | (67,466 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (5,731 | ) |  | — |  |  | (5,731 | )
Proceeds from sale of assets | — |  |  | — |  |  | 45,448 |  |  | — |  |  | 45,448 |
Cash provided by investing activities | — |  |  | — |  |  | 39,717 |  |  | — |  |  | 39,717 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (5,887 | ) |  | — |  |  | — |  |  | — |  |  | (5,887 | )
Cash dividends paid to noncontrolling interest | — |  |  | — |  |  | (5,740 | ) |  | — |  |  | (5,740 | )
Repurchase of Class A non-voting common stock for cancellation | (3,935 | ) |  | — |  |  | — |  |  | — |  |  | (3,935 | )
Tax deficiency from share-based awards | (740 | ) |  | — |  |  | — |  |  | — |  |  | (740 | )
Increase in bank call loans, net | — |  |  | — |  |  | 45,600 |  |  | — |  |  | 45,600 |
Cash provided by (used in) in financing activities | (10,562 | ) |  | — |  |  | 39,860 |  |  | — |  |  | 29,298 |
Net increase (decrease) in cash and cash equivalents | (678 | ) |  | 7,698 |  |  | (5,471 | ) |  | — |  |  | 1,549 |
Cash and cash equivalents, beginning of the year | 907 |  |  | 2,586 |  |  | 59,871 |  |  | — |  |  | 63,364 |
Cash and cash equivalents, end of the year | $ | 229 |  |  | $ | 10,284 |  |  | $ | 54,400 |  |  | $ | — |  |  | $ | 64,913 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2015
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 15,003 |  |  | $ | 1,029 |  |  | $ | (36,851 | ) |  | $ | — |  |  | $ | (20,819 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (5,889 | ) |  | — |  |  | (5,889 | )
Cash used in investing activities | — |  |  | — |  |  | (5,889 | ) |  | — |  |  | (5,889 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (6,008 | ) |  | — |  |  | — |  |  | — |  |  | (6,008 | )
Repurchase of Class A non-voting common stock for cancellation | (8,250 | ) |  | — |  |  | — |  |  | — |  |  | (8,250 | )
Tax deficiency from share-based awards | (277 | ) |  | — |  |  | — |  |  | — |  |  | (277 | )
Increase in bank call loans, net | — |  |  | — |  |  | 40,800 |  |  | — |  |  | 40,800 |
Cash provided by (used in) financing activities | (14,535 | ) |  | — |  |  | 40,800 |  |  | — |  |  | 26,265 |
Net increase (decrease) in cash and cash equivalents | 468 |  |  | 1,029 |  |  | (1,940 | ) |  | — |  |  | (443 | )
Cash and cash equivalents, beginning of the year | 439 |  |  | 1,557 |  |  | 61,811 |  |  | — |  |  | 63,807 |
Cash and cash equivalents, end of the year | $ | 907 |  |  | $ | 2,586 |  |  | $ | 59,871 |  |  | $ | — |  |  | $ | 63,364 |
OPPENHEIMER HOLDINGS INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2014
(Expressed in thousands) | Parent |  | Guarantor subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Cash provided by (used in) operating activities | $ | 49,595 |  |  | $ | (29,344 | ) |  | $ | 58,064 |  |  | $ | — |  |  | $ | 78,315 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of furniture, equipment and leasehold improvements | — |  |  | — |  |  | (4,398 | ) |  | — |  |  | (4,398 | )
Cash used in investing activities | — |  |  | — |  |  | (4,398 | ) |  | — |  |  | (4,398 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid on Class A non-voting and Class B voting common stock | (5,983 | ) |  | — |  |  | — |  |  | — |  |  | (5,983 | )
Issuance of Class A non-voting common stock | 185 |  |  | — |  |  | — |  |  | — |  |  | 185 |
Tax benefit from share-based awards | 1,194 |  |  | — |  |  | — |  |  | — |  |  | 1,194 |
Redemption of senior secured notes | (45,000 | ) |  | — |  |  | — |  |  | — |  |  | (45,000 | )
Decrease in bank call loans, net | — |  |  | — |  |  | (58,800 | ) |  | — |  |  | (58,800 | )
Cash used in financing activities | (49,604 | ) |  | — |  |  | (58,800 | ) |  | — |  |  | (108,404 | )
Net decrease in cash and cash equivalents | (9 | ) |  | (29,344 | ) |  | (5,134 | ) |  | — |  |  | (34,487 | )
Cash and cash equivalents, beginning of the year | 448 |  |  | 30,901 |  |  | 66,945 |  |  | — |  |  | 98,294 |
Cash and cash equivalents, end of the year | $ | 439 |  |  | $ | 1,557 |  |  | $ | 61,811 |  |  | $ | — |  |  | $ | 63,807 |

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