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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities    
Net income / (loss) $ (13,466) $ (9,058)
Adjustments to reconcile net income / (loss) to net cash provided by (used in) operating activities:    
Other (income) / expense   (3)
Equity-based compensation 1,554 1,968
Realized loss / (gain) on other investments 130 101
Change in unrealized (gain) / loss on other investments, at fair value 9,863 5,107
Depreciation and amortization 669 734
(Income) / loss from equity method affiliates (1,614) (2,042)
Change in operating assets and liabilities, net:    
(Increase) decrease in other receivables 1,124 (206)
(Increase) decrease in investments-trading (736) (41,646)
(Increase) decrease in other assets (1,503) 343
(Increase) decrease in receivables under resale agreement (31,334) (117,311)
Change in receivables from / payables to related parties, net (503) (1)
Increase (decrease) in accrued compensation (4,910) (2,379)
Increase (decrease) in accounts payable and other liabilities (3,148) (1,606)
Increase (decrease) in trading securities sold, not yet purchased 30,195 (15,494)
Change in receivables from / payables to brokers, dealers, and clearing agencies, net (24,742) 72,917
Increase (decrease) in securities sold under agreement to repurchase 33,170 109,191
Increase (decrease) in deferred income taxes (30) 464
Net cash provided by (used in) operating activities (5,281) 1,079
Investing activities    
Cash acquired from acquisition of Star Asia Manager, net 679  
Purchase of investments-other investments, at fair value (1,064) (101)
Sales and return of principal of other investments, at fair value 708 38
Investment in equity method affiliates (10) (6)
Return from equity method affiliates 2,881 5,513
Purchase of furniture, equipment, and leasehold improvements (548) (42)
Net cash provided by (used in) investing activities 2,646 5,402
Financing activities    
Repayment and repurchase of debt (619) (10,257)
Cash used to net share settle equity awards (36) (3)
Redemption of redeemable non-controlling interest, net (317) (24)
Distributions to mandatorily redeemable equity interests (86) (789)
Distributions to non-controlling interest (212) (210)
Dividends (504) (429)
Net cash used in financing activities (1,774) (11,712)
Effect of exchange rate on cash (175) (46)
Net increase (decrease) in cash and cash equivalents (4,584) (5,277)
Cash and cash equivalents, beginning of period 14,500 18,221
Cash and cash equivalents, end of period $ 9,916 $ 12,944