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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 244,683 $ 63,432
Cash and cash equivalents of consolidated sponsored investment products 44 14
Trading securities, at fair value 18,917 12,392
Available-for-sale securities, at fair value 2,684 2,656
Investments of consolidated sponsored investment products 95,998 43,227
Accounts receivable, net 46,655 37,328
Deferred taxes, net 4,843 1,143
Prepaid expenses and other current assets 4,312 3,951
Other current assets of consolidated sponsored investment products 43,002 683
Total current assets 461,138 164,826
Furniture, equipment, and leasehold improvements, net 7,335 7,788
Intangible assets, net 45,907 48,711
Goodwill 5,260 5,260
Deferred taxes, net 63,274 95,780
Long-term investments ($3,783 and $2,970 at fair value, respectively) and other assets 18,720 10,384
Total assets 601,634 332,749
Current Liabilities    
Accrued compensation and benefits 39,410 41,252
Accounts payable 10,842 7,582
Investment securities purchased of consolidated sponsored investment products 42,503 260
Other accrued liabilities 8,499 7,048
Other accrued liabilities of consolidated sponsored investment products 295 117
Broker-dealer payable 7,354 6,152
Total current liabilities 108,903 62,411
Long-term debt   15,000
Lease obligations and other long-term liabilities 8,072 7,704
Total liabilities 116,975 85,115
Commitments and Contingencies (Note 13)      
Redeemable noncontrolling interests 18,855 3,163
Equity attributable to stockholders:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 9,450,798 shares issued and 9,100,798 shares outstanding at September 30, 2013 and 8,071,674 shares issued and 7,826,674 shares outstanding at December 31, 2012 95 81
Additional paid-in capital 1,133,350 942,825
Accumulated deficit (629,977) (680,411)
Accumulated other comprehensive loss (177) (287)
Treasury stock, at cost, 350,000 and 245,000 shares at September 30, 2013 and December 31, 2012, respectively (37,438) (17,734)
Total equity attributable to stockholders 465,853 244,474
Noncontrolling interest (49) (3)
Total equity 465,804 244,471
Total liabilities and equity $ 601,634 $ 332,749