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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Revenues:      
Total revenues $ 304,318 $ 249,912 $ 266,528
Operating Expenses:      
Compensation and benefits 88,163 74,675 80,761
Fund management and administration 58,912 56,728 59,627
Marketing and advertising 14,090 11,128 12,163
Sales and business development 9,907 10,579 18,276
Contractual gold payments (Note 10) 17,096 16,811 13,226
Professional and consulting fees 7,616 4,902 5,641
Occupancy, communications and equipment 4,629 6,427 6,302
Depreciation and amortization 738 1,021 1,045
Third-party distribution fees 7,176 5,219 6,968
Acquisition and disposition-related costs 0 416 902
Other 6,933 6,924 8,083
Total operating expenses 215,260 194,830 212,994
Operating income 89,058 55,082 53,534
Other Income/(Expenses):      
Interest expense (12,332) (9,668) (11,240)
Gain/(loss) on revaluation of deferred consideration—gold payments (Note 10) 2,018 (56,821) (11,293)
Interest income 2,009 744 3,332
Impairments (Note 25) (16,156) (22,752) (30,710)
Loss on extinguishment of debt (Note 11) 0 (2,387)  
Other losses and gains, net (7,926) 580 (3,502)
Income/(loss) before income taxes 56,671 (35,222) 121
Income tax expense 6,874 433 10,546
Net income/(loss) $ 49,797 $ (35,655) $ (10,425)
Earnings/(loss) per share—basic $ 0.31 $ (0.25) $ (0.08)
Earnings/(loss) per share—diluted $ 0.31 $ (0.25) $ (0.08)
Weighted-average common shares—basic 143,847 148,682 151,823
Weighted-average common shares—diluted 161,263 148,682 [1] 151,823 [1]
Cash dividends declared per common share $ 0.12 $ 0.12 $ 0.12
Advisory Fees [Member]      
Operating Revenues:      
Total revenues $ 298,052 $ 246,395 $ 263,777
Other Income [Member]      
Operating Revenues:      
Total revenues $ 6,266 $ 3,517 $ 2,751
[1] Excludes 15,122 and 15,002 participating securities for the years ended December 31, 2020 and 2019, respectively, as the Company reported a net loss for those periods. Also excludes 6 and 152 potentially dilutive common stock equivalents for the years ended December 31, 2020 and 2019, respectively, as the Company reported a net loss for those periods (shares herein are reported in thousands).