Quarterly report pursuant to Section 13 or 15(d)

Segment Information - Reconciliation of EBITDA (Details)

v3.19.1
Segment Information - Reconciliation of EBITDA (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Segment Reporting Information [Line Items]    
Income (loss) before income taxes $ 4,828 $ 7,636
Interest income (542) (370)
Change in fair value of contingent consideration 112 61
Interest 5,049 1,866
Depreciation and amortization 5,905 5,809
Non-cash compensation expense 1,494 1,494
Amortization of retention and forgivable loans 143 76
Amortization of contract acquisition costs   2,210
Financial advisor recruiting expense 7 87
Acquisition-related expense 21 913
Income attributable to noncontrolling interest (1) (1)
Other 600 383
EBITDA, as adjusted 20,393 20,164
Non-cash compensation expense 1,494 1,494
Professional services 4,435 5,018
Other Adjustments to Income    
Segment Reporting Information [Line Items]    
Loss On Severance 10 88
Excise and franchise tax expense 148 153
Non-cash compensation expense 154 142
Professional services 288  
Corporate    
Segment Reporting Information [Line Items]    
Income (loss) before income taxes (10,179) (7,226)
Interest 4,915 1,376
Depreciation and amortization 5 3
EBITDA, as adjusted (4,177) (4,939)
Non-cash compensation expense 1,056 951
Independent Advisory and Brokerage Services | Operating Segments    
Segment Reporting Information [Line Items]    
Income (loss) before income taxes 14,262 10,680
Interest 85 287
Depreciation and amortization 5,309 5,452
EBITDA, as adjusted 22,798 20,011
Non-cash compensation expense 259 310
Ladenburg | Operating Segments    
Segment Reporting Information [Line Items]    
Income (loss) before income taxes 1,221 4,313
Interest (13) 35
Depreciation and amortization 120 112
EBITDA, as adjusted 1,603 4,651
Non-cash compensation expense 179 176
Insurance Brokerage | Operating Segments    
Segment Reporting Information [Line Items]    
Income (loss) before income taxes (476) (131)
Interest 62 168
Depreciation and amortization 471 242
EBITDA, as adjusted 169 441
Non-cash compensation expense $ 0 $ 57