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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 36,633 $ 27,199 $ 26,155
Adjustments to reconcile net income to net cash provided by operating activities:      
Advisory fees paid in gold and other precious metals (32,238)    
Contractual gold payments 8,512    
Gain on revaluation of deferred consideration (12,220)    
Impairments 17,386   1,676
Stock-based compensation 13,255 14,717 14,892
Deferred income taxes (6,083) 8,838 12,900
Paid-in-kind interest income (Note 8) (1,974)    
Settlement gain   (6,909)  
Amortization of credit facility issuance costs 2,087    
Depreciation and amortization 1,301 1,395 1,305
Other 798 921 (278)
Changes in operating assets and liabilities, net of the effects of the ETFS Acquisition:      
Securities owned, at fair value (7,182) (135) (1,556)
Accounts receivable 3,804 (3,532) 9,778
Income taxes receivable/payable 5,706 (11,211) 1,687
Prepaid expenses 427 (204) (719)
Gold and other precious metals 25,604    
Other assets 984 (408) (307)
Acquisition payable   (3,547) (384)
Fund management and administration payable 221 6,203 9,636
Compensation and benefits payable (16,050) 13,126 (13,089)
Securities sold, but not yet purchased, at fair value 748 (299) 1,249
Accounts payable and other liabilities (4,251) 2,354 (8,034)
Net cash provided by operating activities 37,468 48,508 54,911
Cash flows from investing activities:      
Purchase of fixed assets (71) (295) (1,070)
Purchase of securities held-to-maturity   (3,009) (15,502)
Purchase of debt securities available-for-sale   (99,848) (63,619)
Purchase of investments   (8,278) (20,000)
Funding of AdvisorEngine note receivable (Note 8) (8,000) (18,748)  
Proceeds from held-to-maturity securities maturing or called prior to maturity 1,107 4,194 16,742
Proceeds from sales and maturities of debt securities available-for-sale 64,498 91,095 6,002
Cash paid—ETFS Acquisition, net of cash acquired (Note 3) (239,313)    
Cash paid—Acquisition of the right to manage Questrade's ETFs (Note 24)   (2,132)  
Cash paid—Managing owner of GCC, net of cash acquired (Note 24)     (11,818)
Net cash used in investing activities (181,779) (37,021) (89,265)
Cash flows from financing activities:      
Dividends paid (19,236) (43,777) (43,660)
Shares repurchased (2,885) (7,891) (39,379)
Credit facility issuance costs (8,690)    
Preferred stock issuance costs (181)    
Proceeds from the issuance of long-term debt (Note 12) 200,000    
Proceeds from exercise of stock options 191 532 195
Net cash provided by/(used in) financing activities 169,199 (51,136) (82,844)
(Decrease)/increase in cash flow due to changes in foreign exchange rate (1,297) 1,120 (150)
Net increase/(decrease) in cash and cash equivalents 23,591 (38,529) (117,348)
Cash and cash equivalents—beginning of year 54,193 92,722 210,070
Cash and cash equivalents—end of year 77,784 54,193 92,722
Supplemental disclosure of cash flow information:      
Cash paid for taxes 14,398 $ 33,113 $ 14,990
Cash paid for interest $ 5,577