Annual report pursuant to section 13 and 15(d)

Segment Information (Reconcilation of EBITDA as adjusted to Pre - Tax Loss) (Details)

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Segment Information (Reconcilation of EBITDA as adjusted to Pre - Tax Loss) (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]              
EBITDA, as adjusted         $ 30,504 [1] $ 8,422 [1] $ 2,701 [1]
Investment Income, Interest         185 70 (14)
Change in fair value of contingent consideration 0 909 647 5,555 7,111 0 0
Interest         (24,541) (6,543) (3,241)
Depreciation and amortization         (16,061) (5,632) (3,978)
Non-cash compensation         (4,744) (4,014) (5,439)
Clearing Conversion Expense         0 0 (119)
Acquisition-related expense         0 (2,971) 0
Amortization of retention loans         (7,346) (1,634) 0
Pre-tax income (loss) (1,953) (5,629) (4,939) (2,371) (14,892) (12,302) (10,090)
Independent Brokerage and Advisory Services
              
Segment Reporting Information [Line Items]              
EBITDA, as adjusted         30,566 [1] 12,181 [1] 5,287 [1]
Interest         (19,803) [2] (3,191) [2] (26) [2]
Depreciation and amortization         (15,158) [2] (4,567) [2] (2,290) [2]
Non-cash compensation         (1,640) [2] (1,072) [2] (1,735) [2]
Pre-tax income (loss)         (6,087) [2] 1,787 [2] 1,086 [2]
Ladenburg
              
Segment Reporting Information [Line Items]              
EBITDA, as adjusted         1,829 [1] (1,032) [1] (1,264) [1]
Interest         (79) (89) (16)
Depreciation and amortization         (835) (996) (1,620)
Non-cash compensation         (850) (1,014) (1,464)
Pre-tax income (loss)         65 (3,131) (4,364)
Corporate [Member]
              
Segment Reporting Information [Line Items]              
EBITDA, as adjusted         (1,891) [1] (2,727) [1] (1,322) [1]
Interest         (4,659) (3,263) (3,199)
Depreciation and amortization         (68) (69) (68)
Non-cash compensation         (2,254) (1,928) (2,240)
Pre-tax income (loss)         $ (8,870) [3] $ (10,958) [3] $ (6,812) [3]
[1] The following table reconciles EBITDA, as adjusted, to pre-tax loss for the years ended December 31, 2012, 2011 and 2010:
[2] Includes Premier Trust from September 1, 2010 and Securities America from November 4, 2011.
[3] Includes interest on revolving credit and forgivable loan notes, compensation, acquisition related expenses, professional fees and other general and administrative expenses.