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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net (loss)/income $ (21,888) $ 11,303
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:    
Advisory fees received in gold and other precious metals (29,135) (22,872)
Loss/(gain) on revaluation of deferred consideration—gold payments 25,566 (367)
Impairments 19,672 572
Contractual gold payments 7,823 6,208
Stock-based compensation 6,159 6,207
Gain on sale – Canadian ETF business (2,877)  
Loss on extinguishment of debt 2,387  
Amortization of right of use asset 1,588 1,590
Amortization of issuance costs – former credit facility 1,328 1,430
Amortization of issuance costs – convertible notes 115  
Deferred income taxes 832 2,443
Depreciation and amortization 507 533
Other (83) 5
Paid-in-kind interest income   (1,223)
Changes in operating assets and liabilities:    
Securities owned, at fair value 4,209 (222)
Accounts receivable 4,461 1,833
Income taxes payable (1,046) (44)
Prepaid expenses (2,016) (1,746)
Gold and other precious metals 20,882 16,318
Other assets (702) (552)
Fund management and administration payable 1,677 1,231
Compensation and benefits payable (18,431) (3,938)
Securities sold, but not yet purchased, at fair value (582) (1,155)
Operating lease liabilities (1,845) (1,760)
Accounts payable and other liabilities 781 (435)
Net cash provided by operating activities 19,382 15,359
Cash flows from investing activities:    
Purchase of fixed assets (224) (15)
Funding of notes receivable   (1,540)
Proceeds from held-to-maturity securities maturing or called prior to maturity 16,365 39
Proceeds from the sale of the Company's financial interests in AdvisorEngine Inc. 8,155  
Proceeds from sale of Canadian ETF business, net 2,774  
Net cash provided by/(used in) investing activities 27,070 (1,516)
Cash flows from financing activities:    
Repayment of debt (179,000)  
Shares repurchased (26,444) (2,107)
Dividends paid (10,270) (10,191)
Convertible notes issuance costs (4,611)  
Proceeds from the issuance of convertible notes (Note 13) 150,000  
Proceeds from exercise of stock options 240 14
Net cash used in financing activities (70,085) (12,284)
(Decrease)/increase in cash flow due to changes in foreign exchange rate (1,084) 268
(Decrease)/increase in cash and cash equivalents (24,717) 1,827
Cash and cash equivalents – beginning of period 74,972 77,784
Cash and cash equivalents – end of period 50,255 79,611
Supplemental disclosure of cash flow information:    
Cash paid for taxes 2,200 4,403
Cash paid for interest $ 3,390 $ 4,559