XML 62 R44.htm IDEA: XBRL DOCUMENT
v3.20.2

Deferred Consideration (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Text Block [Abstract] |
Summary of valuation of deferred consideration | The Company determined the present value of the deferred consideration of $207,748 and $173,024 at September 30, 2020 and December 31, 2019 using the following assumptions:
|  | September 30, 2020 |  |  | December 31, 2019 |
Forward-looking gold price (low) – per ounce |  | $ | 1,889 |  |  | $ | 1,535 |
Forward-looking gold price (high) – per ounce |  | $ | 2,678 |  |  | $ | 2,328 |
Forward-looking gold price (weighted average) – per ounce |  | $ | 2,104 |  |  | $ | 1,757 |
Discount rate |  |  | 10.0 | % |  |  | 10.0 | %
Perpetual growth rate |  |  | 0.9 | % |  |  | 1.5 | %
Schedule of Deferred Consideration | During the three and nine months ended September 30, 2020 and 2019, the Company recognized the following in respect of deferred consideration:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Contractual gold payments |  | $ | 4,539 |  |  | $ | 3,502 |  |  | $ | 12,362 |  |  | $ | 9,710 |
Contractual gold payments – gold ounces paid |  |  | 2,375 |  |  |  | 2,375 |  |  |  | 7,125 |  |  |  | 7,125 |
Loss on revaluation of deferred consideration – gold payments (1) |  | $ | (8,870 | ) |  | $ | (6,306 | ) |  | $ | (34,436 | ) |  | $ | (5,939 | )
(1) | Losses arise due to 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.

X
- References No definition available. + Details
Name: | us-gaap_TextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of valuation of deferred consideration. + References No definition available. + Details
Name: | wetf_DisclosureOfValuationOfDeferredConsiderationTableTextBlock
Namespace Prefix: | wetf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of deferred consideration. + References No definition available. + Details
Name: | wetf_ScheduleOfDeferredConsiderationTableTextBlock
Namespace Prefix: | wetf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration