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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net (loss)/income $ (22,158) $ 15,455
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:    
Advisory fees received in gold and other precious metals (46,077) (36,306)
Loss on revaluation of deferred consideration – gold payments (Note 11) 34,436 5,939
Impairments 22,752 572
Contractual gold payments (Note 11) 12,362 9,710
Stock-based compensation 9,003 8,581
Gain on sale – Canadian ETF business (2,877)  
Loss on extinguishment of debt 2,387  
Amortization of right of use asset 2,384 2,379
Amortization of issuance costs – former credit facility 1,328 2,159
Deferred income taxes (961) 1,383
Amortization of issuance costs – convertible notes 882  
Depreciation and amortization 760 792
Paid-in-kind interest income   (1,856)
Other (1,173) (330)
Changes in operating assets and liabilities:    
Securities owned, at fair value (15,255) 5,497
Accounts receivable 3,166 2,358
Income taxes receivable/payable (3,399) 4,350
Prepaid expenses (1,325) (888)
Gold and other precious metals 32,969 25,751
Other assets (341) (571)
Fund management and administration payable 735 (366)
Compensation and benefits payable (12,349) 1,476
Securities sold, but not yet purchased, at fair value (582) (1,130)
Operating lease liabilities (2,778) (2,662)
Accounts payable and other liabilities 1,679 788
Net cash provided by operating activities 15,568 43,081
Cash flows from investing activities:    
Purchase of fixed assets (292) (25)
Funding of notes receivable   (1,790)
Proceeds from held-to-maturity securities maturing or called prior to maturity 16,441 2,313
Proceeds from the sale of the Company's financial interests in AdvisorEngine Inc. 9,592  
Proceeds from sale of Canadian ETF business, net 2,774  
Net cash provided by investing activities 28,515 498
Cash flows from financing activities:    
Repayment of long-term debt (179,000) (15,000)
Shares repurchased (30,979) (2,187)
Dividends paid (15,207) (15,286)
Convertible notes issuance costs (5,411)  
Proceeds from the issuance of convertible notes (Note 13) 175,250  
Proceeds from exercise of stock options 240 70
Net cash used in financing activities (55,107) (32,403)
Decrease in cash flow due to changes in foreign exchange rate (387) (385)
(Decrease)/increase in cash and cash equivalents (11,411) 10,791
Cash and cash equivalents—beginning of period 74,972 77,784
Cash and cash equivalents—end of period 63,561 88,575
Supplemental disclosure of cash flow information:    
Cash paid for taxes 7,650 5,439
Cash paid for interest $ 3,390 $ 6,997