Annual report pursuant to Section 13 and 15(d)

Notes Payable (Tables)

v2.4.1.9
Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Notes Payable
Notes payable consisted of the following:
 
December 31,
 
2014
 
2013
Notes payable to clearing firm under forgivable loans
$
10,356

 
$
14,285

Note payable to a subsidiary of Premier Trust’s former shareholder
200

 
450

Notes payable to finance Securities America acquisition, net of $627 and $1,618 of unamortized discount in 2014 and 2013, respectively
29,201

 
48,232

Note payable under subsidiary's term loan with bank
1,406

 
1,681

Notes payable by subsidiary to certain former shareholders of Highland
6,737

 
—

Notes payable to KMS' former shareholders, net of $466 of unamortized discount
7,534

 
—

Other
600

 
—

Total
$
56,034

 
$
64,648

Schedule For Black Scholes Pricing Assumption For Warrant Valuation
The warrants were valued at $9,428 utilizing the Black-Scholes option pricing model.