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Contingent Payments
3 Months Ended
Mar. 31, 2023
Contingent Payments [Abstract]  
Contingent Payments
23. Contingent Payments
Sale of Canadian ETF Business
On February 19, 2020, the Company completed the sale of all the outstanding shares of
WisdomTree Asset Management Canada, Inc.
to CI Financial Corp. The Company received CDN $3,720 (USD $2,774) in cash at closing and was paid CDN $3,000 (USD $2,360) and CDN $2,000 (USD $1,477) of additional cash consideration based upon the achievement of certain AUM growth targets as determined on the
18-month
and the
36-month
anniversaries of the closing date, respectively.
A gain of $1,477 was recognized during the three months ended March 31, 2023, from remeasuring the contingent payment to its realizable value. These gains were recorded in other losses, net.