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Segment and Geographic Information (Schedule Of Segment Reporting Information) (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net trading | $ 38,528 |  | $ 69,486 |  | $ 73,167 |
Asset management | 19,803 |  | 23,172 |  | 21,698 |
New issue and advisory | 6,418 |  | 5,021 |  | 3,585 |
Principal transactions and other income | (7,232) |  | (2,439) |  | 1,881 |
Total revenues | 57,517 |  | 95,240 |  | 100,331 |
Total operating expenses | 78,621 |  | 94,945 |  | 118,496 |
Operating income / (loss) | (21,104) |  | 295 |  | (18,165) |
Income / (loss) from equity method affiliates | 1,828 |  | 5,052 |  | 6,232 |
Other non operating income / (expense) | (4,208) |  | (8,003) |  | (5,943) |
Income / (loss) before income taxes | (23,484) |  | (2,656) |  | (17,876) |
Income tax expense / (benefit) | (3,565) |  | (615) |  | (1,149) |
Net income / (loss) | (19,919) |  | (2,041) |  | (16,727) |
Less: Net income / (loss) attributable to the non-controlling interest | (6,601) |  | (1,073) |  | (7,339) |
Net income / (loss) attributable to IFMI | (13,318) |  | (968) |  | (9,388) |
Depreciation and amortization (included in total operating expense) | 1,405 |  | 1,305 |  | 2,238 |
Operating Segments [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net trading | 38,528 |  | 69,486 |  | 73,167 |
Asset management | 19,803 |  | 23,172 |  | 21,698 |
New issue and advisory | 6,418 |  | 6,021 |  | 3,585 |
Principal transactions and other income | (7,232) |  | (2,439) |  | 1,881 |
Total revenues | 57,517 |  | 96,240 |  | 100,331 |
Total operating expenses | 65,360 |  | 83,632 |  | 86,693 |
Operating income / (loss) | (7,843) |  | 12,608 |  | 13,638 |
Income / (loss) from equity method affiliates | 1,828 |  | 5,052 |  | 6,232 |
Other non operating income / (expense) | (173) |  | (3,554) |  | 386 |
Income / (loss) before income taxes | (6,188) |  | 14,106 |  | 20,256 |
Income tax expense / (benefit) | 14 |  | 49 |  |  |
Net income / (loss) | (6,202) |  | 14,057 |  | 20,256 |
Less: Net income / (loss) attributable to the non-controlling interest | (9) |  | (216) |  | (1,768) |
Net income / (loss) attributable to IFMI | (6,193) |  | 14,273 |  | 22,024 |
Depreciation and amortization (included in total operating expense) | 1,112 |  | 876 |  | 611 |
Unallocated [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
New issue and advisory |  |  | (1,000) | [1] |  |
Total revenues |  |  | (1,000) | [1] |  |
Total operating expenses | 13,261 | [1] | 11,313 | [1] | 31,803 | [2]
Operating income / (loss) | (13,261) | [1] | (12,313) | [1] | (31,803) | [2]
Other non operating income / (expense) | (4,035) | [1] | (4,449) | [1] | (6,329) | [2]
Income / (loss) before income taxes | (17,296) | [1] | (16,762) | [1] | (38,132) | [2]
Income tax expense / (benefit) | (3,579) | [1] | (664) | [1] | (1,149) | [2]
Net income / (loss) | (13,717) | [1] | (16,098) | [1] | (36,983) | [2]
Less: Net income / (loss) attributable to the non-controlling interest | (6,592) | [1] | (857) | [1] | (5,571) | [2]
Net income / (loss) attributable to IFMI | (7,125) | [1] | (15,241) | [1] | (31,412) | [2]
Depreciation and amortization (included in total operating expense) | 293 | [1] | 429 | [1] | 1,627 | [2]
Capital Markets [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Net trading | 38,528 |  | 69,486 |  | 73,167 |
New issue and advisory | 6,418 |  | 6,021 |  | 3,585 |
Principal transactions and other income | 542 |  | 166 |  | 199 |
Total revenues | 45,488 |  | 75,673 |  | 76,951 |
Total operating expenses | 53,518 |  | 74,595 |  | 79,986 |
Operating income / (loss) | (8,030) |  | 1,078 |  | (3,035) |
Income / (loss) from equity method affiliates |  |  |  |  | (204) |
Other non operating income / (expense) | (164) |  | (3,554) |  | 386 |
Income / (loss) before income taxes | (8,194) |  | (2,476) |  | (2,853) |
Income tax expense / (benefit) | 14 |  | 49 |  |  |
Net income / (loss) | (8,208) |  | (2,525) |  | (2,853) |
Less: Net income / (loss) attributable to the non-controlling interest | (9) |  | (216) |  | (1,768) |
Net income / (loss) attributable to IFMI | (8,199) |  | (2,309) |  | (1,085) |
Depreciation and amortization (included in total operating expense) | 795 |  | 859 |  | 596 |
Asset Management Segment [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Asset management | 19,803 |  | 23,172 |  | 21,698 |
Principal transactions and other income | 1,712 |  | 894 |  | 1,316 |
Total revenues | 21,515 |  | 24,066 |  | 23,014 |
Total operating expenses | 11,523 |  | 8,690 |  | 6,017 |
Operating income / (loss) | 9,992 |  | 15,376 |  | 16,997 |
Income / (loss) from equity method affiliates | 546 |  | 3,309 |  | 5,329 |
Other non operating income / (expense) | (9) |  |  |  |  |
Income / (loss) before income taxes | 10,529 |  | 18,685 |  | 22,326 |
Net income / (loss) | 10,529 |  | 18,685 |  | 22,326 |
Net income / (loss) attributable to IFMI | 10,529 |  | 18,685 |  | 22,326 |
Depreciation and amortization (included in total operating expense) | 317 |  | 17 |  | 15 |
Principal investing [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Principal transactions and other income | (9,486) |  | (3,499) |  | 366 |
Total revenues | (9,486) |  | (3,499) |  | 366 |
Total operating expenses | 319 |  | 347 |  | 690 |
Operating income / (loss) | (9,805) |  | (3,846) |  | (324) |
Income / (loss) from equity method affiliates | 1,282 |  | 1,743 |  | 1,107 |
Income / (loss) before income taxes | (8,523) |  | (2,103) |  | 783 |
Net income / (loss) | (8,523) |  | (2,103) |  | 783 |
Net income / (loss) attributable to IFMI | (8,523) |  | (2,103) |  | 783 |
Institutional Financial Markets, Inc. [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Total revenues | (11,502) |  | 2,666 |  | (5,480) |
Operating income / (loss) | (11,502) |  | 2,666 |  | (5,480) |
Income / (loss) before income taxes | (15,503) |  | (1,731) |  | (11,097) |
Income tax expense / (benefit) | (2,185) |  | (763) |  | (1,709) |
Net income / (loss) | (13,318) |  | (968) |  | (9,388) |
Net income / (loss) attributable to IFMI | $ (13,318) |  | $ (968) |  | $ (9,388) |
[1] | Unallocated includes certain expenses incurred by indirect overhead and support departments (such as the executive, finance, legal, information technology, human resources, risk, compliance, and other similar overhead and support departments). Some of the items not allocated include: (1) operating expenses (such as cash compensation and benefits, equity-based compensation expense, professional fees, travel and entertainment, consulting fees, and rent) related to support departments excluding certain departments that directly support the Capital Markets business segment; (2) interest expense on debt; and (3) income taxes. Management does not consider these items necessary for an understanding of the operating results of these business segments and such amounts are excluded in business segment reporting to the Chief Operating Decision Maker. During the third quarter of 2012, PrinceRidge (Capital Markets business segment) entered into an intercompany engagement with CCFL (Asset Management business segment). This intercompany transaction was eliminated in the unallocated segment.
[2] | Unallocated assets primarily include (1) amounts due from related parties; (2) furniture and equipment, net; and (3) other assets that are not considered necessary for an understanding of business segment assets and such amounts are excluded in business segment reporting to the Chief Operating Decision Maker.

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