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Consolidated Statements Of Operations And Comprehensive Income / (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Net trading $ 7,824 $ 13,669 $ 32,513 $ 51,311
Asset management 4,644 8,465 13,561 18,010
New issue and advisory 3,692 1,758 5,259 3,024
Principal transactions and other income 1,926 4,174 (5,487) (482)
Total revenues 18,086 28,066 45,846 71,863
Operating expenses        
Compensation and benefits 11,529 16,484 37,547 49,811
Business development, occupancy, equipment 1,429 1,520 4,271 3,970
Subscriptions, clearing, and execution 2,495 2,602 7,161 8,574
Professional fees and other operating 3,436 4,015 9,971 9,702
Depreciation and amortization 367 289 1,036 1,023
Total operating expenses 19,256 24,910 59,986 73,080
Operating income / (loss) (1,170) 3,156 (14,140) (1,217)
Non-operating income / (expense)        
Interest expense, net (1,047) (868) (3,111) (3,187)
Other income / (expense)   83   (4,271)
Income / (loss) from equity method affiliates 101 647 1,715 2,689
Income/ (loss) before income tax expense / (benefit) (2,116) 3,018 (15,536) (5,986)
Income tax expense / (benefit) (1,807) 54 (1,761) 108
Net income / (loss) (309) 2,964 (13,775) (6,094)
Less: Net income / (loss) attributable to the non-controlling interest (205) 956 (4,469) (2,165)
Net income / (loss) attributable to IFMI (104) 2,008 (9,306) (3,929)
Income / (loss) per common share-basic:        
Basic Income / (loss) per common share $ (0.01) $ 0.19 $ (0.80) $ (0.37)
Weighted average shares outstanding-basic 11,875,950 10,849,220 11,628,392 10,683,076
Income / (loss) per common share-diluted:        
Diluted Income / (loss) per common share $ (0.01) $ 0.18 $ (0.80) $ (0.37)
Weighted average shares outstanding-diluted 17,200,040 16,176,898 16,952,482 15,935,078
Dividends declared per common share $ 0.02 $ 0.02 $ 0.06 $ 0.06
Comprehensive income / (loss):        
Net income / (loss) (309) 2,964 (13,775) (6,094)
Other comprehensive income / (loss) item:        
Foreign currency translation adjustments, net of tax of $0 273 237 (87) 197
Other comprehensive income / (loss), net of tax of $0 273 237 (87) 197
Comprehensive income / (loss) (36) 3,201 (13,862) (5,897)
Less: comprehensive income / (loss) attributable to the non-controlling interest (121) 1,033 (4,500) (2,118)
Comprehensive income / (loss) attributable to IFMI $ 85 $ 2,168 $ (9,362) $ (3,779)