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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Investment management fees $ 41,847 $ 28,831
Distribution and service fees 12,721 9,738
Administration and transfer agent fees 7,402 5,173
Other income and fees 428 379
Total revenues 62,398 44,121
Operating Expenses    
Employment expenses 26,318 19,569
Distribution and administration expenses 18,923 11,077
Other operating expenses 7,893 7,350
Restructuring and severance   147
Depreciation and other amortization 323 489
Intangible asset amortization 988 1,046
Total operating expenses 54,445 39,678
Operating Income 7,953 4,443
Other Income (Expense)    
Realized and unrealized gain on trading securities 1,224 561
Other expense   (215)
Total other income, net 1,224 346
Interest Income (Expense)    
Interest expense (201) (211)
Interest & dividend income 106 46
Total interest expense, net (95) (165)
Income Before Income Taxes 9,082 4,624
Income tax expense 3,632 287
Net Income 5,450 4,337
Preferred stockholder dividends   (704)
Allocation of earnings to preferred stockholders (64) (654)
Net Income Attributable to Common Stockholders $ 5,386 $ 2,979
Earnings per share - Basic $ 0.72 $ 0.48
Earnings per share - Diluted $ 0.68 $ 0.43
Weighted Average Shares Outstanding - Basic (in thousands) 7,468 6,242
Weighted Average Shares Outstanding - Diluted (in thousands) 7,966 6,913