XML 57 R41.htm IDEA: XBRL DOCUMENT
v3.21.2

Deferred Consideration (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Text Block [Abstract] |
Summary of valuation of deferred consideration | The Company determined the present value of the deferred consideration of $226,706 and $230,137 at June 30, 2021 and December 31, 2020 using the following assumptions:
|  | June 30, 2021 |  |  | December 31, 2020 |
Forward-looking gold price (low) – per ounce |  | $ | 1,772 |  |  | $ | 1,903 |
Forward-looking gold price (high) – per ounce |  | $ | 2,927 |  |  | $ | 2,662 |
Forward-looking gold price (weighted average) – per ounce |  | $ | 2,109 |  |  | $ | 2,117 |
Discount rate |  |  | 9.0 | % |  |  | 9.0 | %
Perpetual growth rate |  |  | 1.4 | % |  |  | 0.9 | %
Schedule of Deferred Consideration | During the three and six months ended June 30, 2021 and 2020, the Company recognized the following in respect of deferred consideration:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Contractual gold payments |  | $ | 4,314 |  |  | $ | 4,063 |  |  | $ | 8,584 |  |  | $ | 7,823 |
Contractual gold payments – gold ounces paid |  |  | 2,375 |  |  |  | 2,375 |  |  |  | 4,750 |  |  |  | 4,750 |
Gain/(loss) on revaluation of deferred consideration – gold payments (1) |  | $ | 497 |  |  | $ | (23,358 | ) |  | $ | 3,329 |  |  | $ | (25,566 | )
(1) | Gains on revaluation of deferred consideration – gold payments result from a decrease in spot gold prices, a decrease in the forward-looking price of gold, a decrease in the perpetual growth rate and an increase in the discount rate used to compute the present value of the annual payment obligations. Losses on revaluation of deferred consideration – gold payments result from an increase in spot gold prices, an increase in the forward-looking price of gold, an increase in the perpetual growth rate and a decrease in the discount rate used to compute the annual payment obligations.

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