Quarterly report pursuant to sections 13 or 15(d)

Segment Information - Segment Information (Details)

v2.4.0.6
Segment Information - Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Segment Reporting Information [Line Items]      
Revenues $ 187,305 $ 154,715  
Pre-tax income (loss) 646 (2,371)  
EBITDA, as adjusted 13,961 [1] 5,308 [1]  
Identifiable assets 340,046 339,345 338,129
Depreciation and amortization 3,907 4,063  
Interest 6,236 6,060  
Capital expenditures 912 701  
Non-cash compensation 1,413 1,364  
Independent Brokerage and Advisory Services
      
Segment Reporting Information [Line Items]      
Revenues 169,836 143,804  
Pre-tax income (loss) 1,229 953  
EBITDA, as adjusted 12,296 [1] 6,464 [1]  
Identifiable assets 313,635 316,887  
Depreciation and amortization 3,684 3,823  
Interest 4,956 4,966  
Capital expenditures 830 690  
Non-cash compensation 668 528  
Ladenburg
      
Segment Reporting Information [Line Items]      
Revenues 17,400 10,876  
Pre-tax income (loss) 3,881 (208)  
EBITDA, as adjusted 4,246 [1] 288 [1]  
Identifiable assets 23,855 18,762  
Depreciation and amortization 206 223  
Interest 3 3  
Capital expenditures 82 11  
Non-cash compensation 156 272  
Corporate
      
Segment Reporting Information [Line Items]      
Revenues 69 35  
Pre-tax income (loss) (4,464) [2] (3,116) [2]  
EBITDA, as adjusted (2,581) [1] (1,444) [1]  
Identifiable assets 2,556 3,696  
Depreciation and amortization 17 17  
Interest 1,277 1,091  
Capital expenditures 0 0  
Non-cash compensation $ 589 $ 564  
[1] The following table reconciles EBITDA, as adjusted, to pre-tax income (loss) for the three months ended March 31, 2013 and 2012: Three months ended March 31, EBITDA, as adjusted2013 2012Independent Brokerage and Advisory Services$12,296 $6,464Ladenburg4,246 288Corporate(2,581) (1,444)Total segments13,961 5,308 Adjustments: Interest income39 45Change in fair value of contingent consideration23 5,555Interest expense(6,236) (6,060)Depreciation and amortization(3,907) (4,063)Non-cash compensation expense(1,413) (1,364)Amortization of retention loans(1,808) (1,792)Loss attributable to noncontrolling interest(13) —Pre-tax income (loss)$646 $(2,371)
[2] Includes interest on revolving credit and forgivable loan notes, compensation, professional fees and other general and administrative expenses.