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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues:        
Total revenues $ 67,718 $ 72,570 $ 199,496 $ 206,249
Operating Expenses:        
Compensation and benefits 18,880 17,544 61,481 55,677
Fund management and administration 15,110 15,292 45,852 40,825
Marketing and advertising 3,022 3,239 8,612 10,212
Sales and business development 4,354 3,801 12,947 12,117
Contractual gold payments (Note 11) 3,502 2,880 9,710 5,595
Professional and consulting fees 1,259 1,934 4,037 5,130
Occupancy, communications and equipment 1,549 1,722 4,715 4,659
Depreciation and amortization 259 306 792 998
Third-party distribution fees 1,503 1,407 5,822 4,798
Acquisition-related costs (Note 3) 190 456 536 10,446
Other 1,959 2,281 6,267 6,332
Total expenses 51,587 50,862 160,771 156,789
Operating income 16,131 21,708 38,725 49,460
Other Income/(Expenses):        
Interest expense (2,832) (2,747) (8,634) (5,103)
(Loss)/gain on revaluation of deferred consideration – gold payments (Note 11) [1] (6,306) 7,732 (5,939) 17,630
Interest income 799 719 2,396 2,293
Impairment (Note 14)     (572)  
Other gains and losses, net 843 118 (3,500) (644)
Income before income taxes 8,635 27,530 22,476 63,636
Income tax expense 4,483 5,481 7,021 15,439
Net income $ 4,152 $ 22,049 $ 15,455 $ 48,197
Earnings per share—basic $ 0.02 $ 0.13 $ 0.09 $ 0.31
Earnings per share—diluted $ 0.02 $ 0.13 $ 0.09 $ 0.31
Weighted-average common shares—basic 151,897 150,892 151,782 145,149
Weighted-average common shares—diluted 167,163 166,622 166,944 155,584
Cash dividends declared per common share $ 0.03 $ 0.03 $ 0.09 $ 0.09
Advisory Fees [Member]        
Operating Revenues:        
Total revenues $ 67,006 $ 71,679 $ 197,473 $ 203,913
Other Income [Member]        
Operating Revenues:        
Total revenues $ 712 $ 891 $ 2,023 $ 2,336
[1] Gains/(losses) arise due to (decreases)/increases in the forward-looking price of gold and the magnitude of any gain or loss is highly correlated to the magnitude of the change in the forward-looking price of gold. See Note 5 for a reconciliation of changes in the deferred consideration balances.