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Consolidated Statements Of Operations And Comprehensive Income / (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Net trading $ 11,630 $ 19,951 $ 24,689 $ 37,642
Asset management 4,155 4,608 8,917 9,545
New issue and advisory 572 189 1,567 1,266
Principal transactions and other income (2,623) 289 (7,413) (4,656)
Total revenues 13,734 25,037 27,760 43,797
Operating expenses        
Compensation and benefits 12,521 17,053 26,018 33,327
Business development, occupancy, equipment 1,387 1,276 2,842 2,450
Subscriptions, clearing, and execution 2,349 2,899 4,666 5,972
Professional fees and other operating 3,016 2,636 6,535 5,687
Depreciation and amortization 359 343 669 734
Total operating expenses 19,632 24,207 40,730 48,170
Operating income / (loss) (5,898) 830 (12,970) (4,373)
Non-operating income / (expense)        
Interest expense, net (1,035) (1,104) (2,064) (2,319)
Other income / (expense)   (4,357)   (4,354)
Income / (loss) from equity method affiliates 95 1,526 1,614 2,042
Income/ (loss) before income tax expense / (benefit) (6,838) (3,105) (13,420) (9,004)
Income tax expense / (benefit) 34 63 46 54
Net income / (loss) (6,872) (3,168) (13,466) (9,058)
Less: Net income / (loss) attributable to the non-controlling interest (2,170) (1,090) (4,264) (3,121)
Net income / (loss) attributable to IFMI (4,702) (2,078) (9,202) (5,937)
Income / (loss) per common share-basic:        
Income / (loss) per common share $ (0.40) $ (0.19) $ (0.80) $ (0.56)
Weighted average shares outstanding-basic 11,658,512 10,756,257 11,504,613 10,600,004
Income / (loss) per common share-diluted:        
Income / (loss) per common share $ (0.40) $ (0.19) $ (0.80) $ (0.56)
Weighted average shares outstanding-diluted 16,982,602 [1] 16,008,259 [1] 16,828,703 [1] 15,852,006 [1]
Dividends declared per common share $ 0.02 $ 0.02 $ 0.04 $ 0.04
Comprehensive income / (loss):        
Net income / (loss) (6,872) (3,168) (13,466) (9,058)
Other comprehensive income / (loss) item:        
Foreign currency translation adjustments, net of tax of $0 6 (229) (360) (40)
Other comprehensive income / (loss), net of tax of $0 6 (229) (360) (40)
Comprehensive income (6,866) (3,397) (13,826) (9,098)
Less: comprehensive income (loss) attributable to the non-controlling interest (2,168) (1,183) (4,379) (3,151)
Comprehensive income / (loss) attributable to IFMI $ (4,698) $ (2,214) $ (9,447) $ (5,947)
[1] For the six months ended June 30, 2013 and 2012, weighted average common shares outstanding excludes a total of 344,834 and 31,594 shares, respectively, representing restricted Operating LLC units, restricted IFMI Common Stock, and restricted units of IFMI Common stock. For the three months ended June 30, 2013 and 2012, weighted average common shares outstanding excludes a total of 371,778 and 21,879 shares, respectively, representing restricted Operating LLC units, restricted IFMI Common Stock, and restricted units of IFMI Common stock.