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Condensed Financial Information of Registrant (Statement of Cash Flows) (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Operating activities |  |  |
Net income / (loss) | $ (19,919) | $ (2,041) | $ (16,727)
Adjustments to reconcile net income / (loss) to net cash provided by (used in) operating activities: |  |  |
Other (income) / expense | 15 | (86) | (33)
Amortization of discount on debt | 906 | 189 | 429
(Increase) decrease in other assets | (596) | 1,583 | 7,615
Increase (decrease) in accounts payable and other liabilities | (4,860) | (1,544) | (3,149)
(Income) / loss from equity method affiliates | (1,828) | (5,052) | (6,232)
Increase (decrease) in deferred income taxes | (2,073) | (897) | (1,389)
Net cash provided by (used in) operating activities | (8,231) | 14,748 | (6,299)
Financing activities |  |  |
Repurchase of debt | (6,072) | (16,270) | (7,960)
Payments for deferred financing costs | (670) |  |
Cash used to settle equity awards | (153) | (199) | (72)
Dividends paid to stockholders | (1,066) | (953) | (2,115)
Net cash used in financing activities | 4,032 | (27,717) | (12,796)
Net increase (decrease) in cash and cash equivalents | (1,339) | (3,721) | (25,725)
Cash and cash equivalents, beginning of period | 14,500 | 18,221 | 43,946
Cash and cash equivalents, end of period | 13,161 | 14,500 | 18,221
Institutional Financial Markets, Inc. [Member] |  |  |
Operating activities |  |  |
Net income / (loss) | (13,318) | (968) | (9,388)
Adjustments to reconcile net income / (loss) to net cash provided by (used in) operating activities: |  |  |
Equity in undistributed earnings / (loss) from IFMI, LLC | 11,502 | (2,666) | 5,480
Distributions from / (Contributions to) IFMI, LLC | (3,653) | 15,943 | 8,346
Other (income) / expense | 15 | (3) | (33)
Amortization of discount on debt | 906 | 189 | 429
(Increase) decrease in other assets | 32 | 246 | 12
Increase (decrease) in accounts payable and other liabilities | 74 | (330) | 9
Increase (decrease) in deferred income taxes | (2,144) | (826) | (1,708)
Net cash provided by (used in) operating activities | (6,586) | 11,585 | 3,147
Financing activities |  |  |
Repurchase of debt | (5,000) | (10,357) | (984)
Issuance of debt | 8,248 |  |
Payments for deferred financing costs | (670) |  |
Cash used to settle equity awards | (110) | (135) | (48)
Proceeds from issuance of stock, net | 5,051 |  |
Dividends paid to stockholders | (1,066) | (953) | (2,115)
Net cash used in financing activities | 6,453 | (11,445) | (3,147)
Net increase (decrease) in cash and cash equivalents | (133) | 140 |
Cash and cash equivalents, beginning of period | 140 |  |
Cash and cash equivalents, end of period | $ 7 | $ 140 |

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