Annual report pursuant to Section 13 and 15(d)

Discontinued Operations- Summary of revenue and expenses (Details)

v3.20.1
Discontinued Operations- Summary of revenue and expenses (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Discontinued Operations    
Revenue   $ 210,980
Operating expenses    
Commissions, compensation and fees   182,127
Clearing fees   2,400
Communications   3,260
Occupancy   3,755
Licenses and registration   2,735
Professional fees   4,306
Interest   97
Depreciation and amortization   1,551
Other administrative expenses   8,165
Total operating expenses   208,396
Gain from operations   2,584
Other income (expenses)    
Change in fair value of warrants   (13,018)
Other income   153
Total other income (expenses)   (12,865)
Loss from discontinued operations before income taxes   (10,281)
Income tax expense   3,188
Loss from discontinued operations $ 0 (13,469)
Gain from disposal of National   2,333
Total loss from discontinued operations $ 0 $ (11,136)