Segment Information - Segment Information (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
Dec. 31, 2017 |
|
Segment Reporting Information [Line Items] | |||||
Revenues | $ 357,756 | $ 311,536 | $ 687,140 | $ 601,827 | |
Income (loss) before income taxes | 13,884 | 1,187 | 21,520 | (3,331) | |
EBITDA, as adjusted | 25,839 | 13,157 | 46,003 | 20,647 | |
Identifiable assets | 747,890 | 538,288 | 747,890 | 538,288 | $ 632,025 |
Depreciation and amortization | 5,762 | 7,294 | 11,571 | 14,726 | |
Interest | 2,154 | 521 | 4,020 | 998 | |
Capital expenditures | 4,365 | 2,313 | 6,605 | 4,706 | |
Non-cash compensation | 1,568 | 1,378 | 3,062 | 2,807 | |
Corporate | |||||
Segment Reporting Information [Line Items] | |||||
Revenues | 2,240 | 331 | 2,721 | 615 | |
Income (loss) before income taxes | (5,635) | (4,442) | (12,861) | (9,519) | |
EBITDA, as adjusted | (3,063) | (3,301) | (8,002) | (7,216) | |
Identifiable assets | 107,911 | 27,201 | 107,911 | 27,201 | |
Depreciation and amortization | 5 | 14 | 8 | 29 | |
Interest | 1,707 | 73 | 3,083 | 146 | |
Capital expenditures | 24 | 5 | 24 | 44 | |
Non-cash compensation | 1,026 | 920 | 1,977 | 1,861 | |
Independent Advisory and Brokerage Services | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Revenues | 299,471 | 280,855 | 575,000 | 546,696 | |
Income (loss) before income taxes | 16,708 | 5,404 | 27,388 | 8,998 | |
EBITDA, as adjusted | 25,221 | 13,722 | 45,232 | 25,457 | |
Identifiable assets | 496,331 | 421,277 | 496,331 | 421,277 | |
Depreciation and amortization | 5,423 | 5,350 | 10,875 | 10,800 | |
Interest | 263 | 277 | 550 | 513 | |
Capital expenditures | 4,160 | 2,064 | 6,257 | 4,252 | |
Non-cash compensation | 309 | 241 | 619 | 509 | |
Ladenburg | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Revenues | 18,120 | 18,011 | 40,434 | 29,876 | |
Income (loss) before income taxes | 1,979 | 1,829 | 6,292 | 1,309 | |
EBITDA, as adjusted | 2,268 | 2,219 | 6,919 | 2,332 | |
Identifiable assets | 56,592 | 43,733 | 56,592 | 43,733 | |
Depreciation and amortization | 111 | 124 | 223 | 287 | |
Interest | 13 | 0 | 48 | 0 | |
Capital expenditures | 166 | 143 | 256 | 276 | |
Non-cash compensation | 177 | 157 | 353 | 315 | |
Insurance Brokerage | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Revenues | 37,925 | 12,339 | 68,985 | 24,640 | |
Income (loss) before income taxes | 832 | (1,604) | 701 | (4,119) | |
EBITDA, as adjusted | 1,413 | 517 | 1,854 | 74 | |
Identifiable assets | 87,056 | 46,077 | 87,056 | 46,077 | |
Depreciation and amortization | 223 | 1,806 | 465 | 3,610 | |
Interest | 171 | 171 | 339 | 339 | |
Capital expenditures | 15 | 101 | 68 | 134 | |
Non-cash compensation | $ 56 | $ 60 | $ 113 | $ 122 |