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Consolidated Statements Of Operations And Comprehensive Income / (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
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
Operating expenses      
Compensation and benefits 47,167 62,951 78,227
Business development, occupancy, equipment 5,817 5,795 6,565
Subscriptions, clearing, and execution 10,822 11,446 12,025
Professional fees and other operating 13,410 13,448 19,441
Depreciation and amortization 1,405 1,305 2,238
Total operating expenses 78,621 94,945 118,496
Operating income / (loss) (21,104) 295 (18,165)
Non-operating income / (expense)      
Interest expense, net (4,193) (3,732) (5,976)
Other income / (expense) (15) (4,271) 33
Income / (loss) from equity method affiliates 1,828 5,052 6,232
Income/ (loss) before income tax expense / (benefit) (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)
Income / (loss) per common share-basic:      
Basic Income / (loss) per common share $ (1.08) $ (0.09) $ (0.88)
Weighted average shares outstanding-basic 12,340,468 10,732,723 10,631,935
Income / (loss) per common share-diluted:      
Diluted Income / (loss) per common share $ (1.08) $ (0.09) $ (0.88)
Weighted average shares outstanding-diluted 17,664,558 [1] 15,984,921 [1] 15,901,258 [1]
Dividends declared per common share $ 0.08 $ 0.08 $ 0.20
Comprehensive income / (loss):      
Net income / (loss) (19,919) (2,041) (16,727)
Other comprehensive income / (loss) item:      
Foreign currency translation adjustments, net of tax of $0 (30) 216 62
Other comprehensive income / (loss), net of tax of $0 (30) 216 62
Comprehensive income / (loss) (19,949) (1,825) (16,665)
Less: comprehensive income / (loss) attributable to the non-controlling interest (6,617) (1,011) (7,320)
Comprehensive income / (loss) attributable to IFMI $ (13,332) $ (814) $ (9,345)
[1] For the years ended December 31, 2013, 2012, and 2011, weighted average common shares outstanding excludes a total of 395,457, 144,401, and 17,424 shares, respectively, representing restricted Operating LLC units, restricted IFMI Common Stock, and restricted units of IFMI Common Stock. For the year ended December 31, 2013, weighted average common shares outstanding also excludes 732,115 shares, respectively, from the assumed conversion of the 8% Convertibles Notes because the inclusion of the converted shares would be anti-dilutive.