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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net income / (loss) $ (13,775) $ (6,094)
Adjustments to reconcile net income / (loss) to net cash provided by (used in) operating activities:    
Other (income) / expense   (86)
Equity-based compensation 1,761 434
Realized loss / (gain) on other investments (602) (1,407)
Change in unrealized (gain) loss on other investments, at fair value 9,316 3,245
Depreciation and amortization 1,036 1,023
(Income) / loss from equity method affiliates (1,715) (2,689)
Change in operating assets and liabilities, net:    
(Increase) decrease in other receivables 3,675 (1,310)
(Increase) decrease in investments-trading 90,557 (80,308)
(Increase) decrease in other assets (1,216) 142
(Increase) decrease in receivables under resale agreement (24,757) (23,061)
Change in receivables from / payables to related parties, net (213) (18)
Increase (decrease) in accrued compensation (3,091) 1,396
Increase (decrease) in accounts payable and other liabilities (6,181) (2,251)
Increase (decrease) in trading securities sold, not yet purchased, net 9,165 (43,813)
Change in receivables from / payables to brokers, dealers, and clearing agencies, net (94,032) 145,756
Increase (decrease) in securities sold under agreement to repurchase 24,583 18,303
Increase (decrease) in deferred income taxes (297) 414
Net cash provided by (used in) operating activities (5,786) 9,676
Investing activities    
Cash acquired from acquisition of Star Asia Manager, net 679  
Purchase of other investments, at fair value (1,064) (290)
Sales and returns of principal of other investments, at fair value 1,666 48
Sales of cost method investment   1,937
Investment in equity method affiliates (10) (4,706)
Return from equity method affiliates 2,888 7,325
Purchase of furniture, equipment, and leasehold improvements (726) (101)
Net cash provided by (used in) investing activities 3,433 4,213
Financing activities    
Proceeds from issuance of convertible debt 8,248  
Repayment and repurchase of debt (907) (11,446)
Payments for deferred issuance and financing costs (638)  
Proceeds from private placement, net of offering costs of $425 5,073  
Cash used to net share settle equity awards (60) (3)
Redemption of redeemable non-controlling interest, net (317) (6,152)
Distributions to mandatorily redeemable equity interests (86) (790)
Distributions to non-controlling interest (318) (315)
Dividends (737) (646)
Net cash used in financing activities 10,258 (19,352)
Effect of exchange rate on cash (92) 118
Net increase (decrease) in cash and cash equivalents 7,813 (5,345)
Cash and cash equivalents, beginning of period 14,500 18,221
Cash and cash equivalents, end of period $ 22,313 $ 12,876