Other Receivables

12 Months Ended

Dec. 31, 2015

7. OTHER RECEIVABLES

Receivables are comprised of the following.


OTHER RECEIVABLES
(Dollars in Thousands)

	December 31, 2015		December 31, 2014
Asset management fees	$	1,802	$	3,165
New issue and advisory fees		635		-
Accrued interest and dividends receivable		810		931
Notes receivable		-		2,463
Revenue share receivable		605		2,217
Other		227		622
Other receivables	$	4,079	$	9,398

Asset management and new issue and advisory receivables are of a routine and short-term nature. These amounts are generally accrued monthly and paid on a monthly or quarterly basis. See note 3-L regarding asset management fees accrued. Accrued interest and dividend receivable represents interest and dividends accrued on the Company’s investment securities. Interest payable on securities sold but not yet purchased is included as a component of accounts payable and other liabilities. Revenue share receivable represents the amount due to the Company for the Company’s share of revenue generated from various entities in which the Company receives a share of the entity’s revenue. Notes receivable are from unrelated third parties. Other receivables represent other miscellaneous receivables that are of a short-term nature. The note receivable represented an investment the Company made in the form of a note to an investment banking client in Europe in the mining industry. The Company deemed this note to be uncollectable in 2015 and wrote-off the remaining balance due.