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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Revenues:        
Total revenues $ 58,126 $ 66,293 $ 122,000 $ 131,778
Operating Expenses:        
Compensation and benefits 17,455 21,300 34,750 42,601
Fund management and administration 14,461 15,576 28,946 30,742
Marketing and advertising 1,949 2,910 4,417 5,590
Sales and business development 2,181 4,171 5,598 8,593
Contractual gold payments (Note 11) 4,063 3,110 7,823 6,208
Professional and consulting fees 1,357 1,296 2,630 2,778
Occupancy, communications and equipment 1,643 1,548 3,194 3,166
Depreciation and amortization 251 264 507 533
Third-party distribution fees 1,340 1,919 2,695 4,319
Acquisition and disposition-related costs 33 33 416 346
Other 1,596 2,255 3,593 4,308
Total operating expenses 46,329 54,382 94,569 109,184
Operating income 11,797 11,911 27,431 22,594
Other Income/(Expenses):        
Interest expense (2,044) (2,910) (4,463) (5,802)
(Loss)/gain on revaluation of deferred consideration – gold payments (Note 11) (23,358) (4,037) (25,566) 367
Interest income 119 818 282 1,597
Impairments (Note 7 and 25)     (19,672) (572)
Loss on extinguishment of debt (Note12) (2,387)   (2,387)  
Other gains and losses, net 1,819 284 (688) (4,343)
(Loss)/income before income taxes (14,054) 6,066 (25,063) 13,841
Income tax (benefit)/expense (804) 3,587 (3,175) 2,538
Net (loss)/income $ (13,250) $ 2,479 $ (21,888) $ 11,303
(Loss)/earnings per share – basic $ (0.09) $ 0.01 $ (0.15) $ 0.07
(Loss)/earnings per share – diluted $ (0.09) $ 0.01 $ (0.15) $ 0.07
Weighted-average common shares – basic 151,623 151,818 152,071 151,722
Weighted-average common shares – diluted 151,623 [1] 167,249 152,071 [1] 166,855
Cash dividends declared per common share $ 0.03 $ 0.03 $ 0.06 $ 0.06
Advisory Fees [Member]        
Operating Revenues:        
Total revenues $ 57,208 $ 65,627 $ 120,158 $ 130,467
Other Income [Member]        
Operating Revenues:        
Total revenues $ 918 $ 666 $ 1,842 $ 1,311
[1] Excludes 15,010,897 and 14,991,139 participating securities for the three and six months ended June 30, 2020 as the Company reported a net loss for those periods. Also excludes 0 and 7,992 potentially dilutive common stock equivalents for the three and six months ended June 30, 2020 as the Company reported a net loss for the period.