XML 58 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Marketable Securities
 9 Months Ended
Sep. 30, 2012
Marketable Securities [Abstract]  
Marketable Securities
4. Marketable Securities

The Company’s marketable securities consist of trading (including securities held by a broker-dealer affiliate), available-for-sale securities and investments of consolidated sponsored investment products. The composition of the Company’s marketable securities is summarized as follows:

 

                                 
September 30, 2012                        
          Unrealized     Unrealized     Fair  
    Cost     Loss     Gain     Value  
($ in thousands)                        

Trading:

                                

Sponsored mutual funds and variable insurance funds

   $ 8,421     ($ 718 )    $ 1,662     $ 9,365  

Investments of consolidated sponsored investment products

     35,068       (165 )      657     $ 35,560  

Equity securities

     3,619       0       489     $ 4,108  

Available-for-sale:

                                

Sponsored closed-end funds

     2,472       (12 )      152     $ 2,612  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total marketable securities

   $ 49,580     ($    895 )    $ 2,960     $ 51,645  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

                                 
December 31, 2011                        
    Cost     Unrealized
Loss		     Unrealized
Gain		     Fair
Value		  
($ in thousands)                        

Trading:

                                

Sponsored mutual funds and variable insurance funds

   $ 9,195     ($ 1,263 )    $ 1,048     $ 8,980  

Equity securities

     3,434       (3 )      115       3,546  

Available-for-sale:

                                

Sponsored closed-end funds

     2,240       (38 )      267       2,469  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total marketable securities

   $ 14,869     ($ 1,304 )    $ 1,430     $ 14,995