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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating Revenues:        
Total revenues $ 77,603 $ 58,126 $ 150,433 $ 122,000
Operating Expenses:        
Compensation and benefits 20,331 17,455 42,958 34,750
Fund management and administration 16,195 14,461 31,716 28,946
Marketing and advertising 3,594 1,949 6,600 4,417
Sales and business development 2,159 2,181 4,304 5,598
Contractual gold payments (Note 9) 4,314 4,063 8,584 7,823
Professional fees 1,921 1,357 3,934 2,630
Occupancy, communications and equipment 1,266 1,643 2,741 3,194
Depreciation and amortization 256 251 508 507
Third-party distribution fees 2,130 1,340 3,473 2,695
Acquisition and disposition-related costs   33   416
Other 1,752 1,596 3,323 3,593
Total operating expenses 53,918 46,329 108,141 94,569
Operating income 23,685 11,797 42,292 27,431
Other Income/(Expenses):        
Interest expense (2,567) (2,044) (4,863) (4,463)
Gain/(loss) on revaluation of deferred consideration – gold payments (Note 9) 497 (23,358) 3,329 (25,566)
Interest income 225 119 456 282
Impairments (Note 13 and 23)     (303) (19,672)
Loss on extinguishment of debt (Note 10)   (2,387)   (2,387)
Other gains and losses, net 49 1,819 (5,844) (688)
Income/(loss) before income taxes 21,889 (14,054) 35,067 (25,063)
Income tax expense/(benefit) 4,259 (804) 2,290 (3,175)
Net income/(loss) $ 17,630 $ (13,250) $ 32,777 $ (21,888)
Earnings/(loss) per share—basic $ 0.11 $ (0.09) $ 0.20 $ (0.15)
Earnings/(loss) per share—diluted $ 0.11 $ (0.09) $ 0.20 $ (0.15)
Weighted-average common shares—basic 145,542 151,623 145,652 152,071
Weighted-average common shares—diluted 164,855 151,623 [1] 163,062 152,071 [1]
Cash dividends declared per common share $ 0.03 $ 0.03 $ 0.06 $ 0.06
Advisory Fees [Member]        
Operating Revenues:        
Total revenues $ 75,997 $ 57,208 $ 147,613 $ 120,158
Other Income [Member]        
Operating Revenues:        
Total revenues $ 1,606 $ 918 $ 2,820 $ 1,842
[1] Excludes 15,011 participating securities and zero potentially dilutive common stock equivalents for the three months ended June 30, 2020 and 14,991 participating securities and 8 potentially dilutive common stock equivalents for the six months ended June 30, 2020, as the Company reported a net loss for the period (shares herein are reported in thousands).