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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenues:        
Total revenues $ 77,253 $ 75,775 $ 155,621 $ 147,031
Operating Expenses:        
Compensation and benefits 24,565 20,331 49,352 42,958
Fund management and administration 16,076 14,367 31,570 28,314
Marketing and advertising 3,894 3,594 7,917 6,600
Sales and business development 3,131 2,159 5,740 4,304
Contractual gold payments (Note 9) 4,446 4,314 8,896 8,584
Professional fees 4,308 1,921 8,767 3,934
Occupancy, communications and equipment 1,049 1,266 1,802 2,741
Depreciation and amortization 53 256 100 508
Third-party distribution fees 1,818 2,130 4,030 3,473
Other 2,109 1,752 3,954 3,323
Total operating expenses 61,449 52,090 122,128 104,739
Operating income 15,804 23,685 33,493 42,292
Other Income/(Expenses):        
Interest expense (3,733) (2,567) (7,465) (4,863)
Gain/(loss) on revaluation of deferred consideration–gold payments (Note 9) 2,311 497 (14,707) 3,329
Interest income 770 225 1,564 456
Impairments (Note 12) 0 0 0 (303)
Other losses and gains, net (4,474) 49 (29,181) (5,844)
Income/(loss) before income taxes 10,678 21,889 (16,296) 35,067
Income tax expense/(benefit) 2,673 4,259 (14,040) 2,290
Net income/(loss) $ 8,005 $ 17,630 $ (2,256) $ 32,777
Earnings/(loss) per share—basic $ 0.05 $ 0.11 $ (0.02) $ 0.2
Earnings/(loss) per share—diluted $ 0.05 $ 0.11 $ (0.02) $ 0.2
Weighted-average common shares—basic 143,046 145,542 142,915 145,652
Weighted-average common shares—diluted 158,976 164,855 142,915 [1] 163,062
Cash dividends declared per common share $ 0.03 $ 0.03 $ 0.06 $ 0.06
Advisory Fees [Member]        
Operating Revenues:        
Total revenues $ 75,586 $ 74,169 $ 152,103 $ 144,211
Other Income [Member]        
Operating Revenues:        
Total revenues $ 1,667 $ 1,606 $ 3,518 $ 2,820
[1] Excludes 15,486 participating securities and 356 potentially dilutive non-participating common stock equivalents for the six months ended June 30, 2022 as the Company reported a net loss for the period (shares herein are reported in thousands).