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Subsequent Events
12 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events

31. subsequent events

 

Merger of JVB and PrinceRidge

 

Effective January 31, 2014, the Company merged CCPR and JVB. The merged broker-dealer subsidiary will operate going forward under the JVB name. 

 

Sale of Star Asia and related entities

 

Effective February 20, 2014, the Company sold its interest in Star Asia, Star Asia Special Situations Fund, Star Asia Capital Management, Star Asia Manager, SAA Manager, and SAP GP to an unrelated third party.  The Company received an initial upfront payment of $20,043.   The Company will receive contingent payments equal to 15% of certain revenues generated by Star Asia Manager, SAA Manager, SAP GP, Star Asia Capital Management, and certain affiliated entities for a period of at least four years.