XML 52 R31.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract] |
Summary of Intangible Assets, Net | Intangible assets, net are summarized as follows:
|  | December 31, |
|  | 2013 |  |  | 2012 |
($ in thousands) |  |  |  |  |  |
Definite-lived intangible assets, net: |  |  |  |  |  |  |  |
Investment contracts |  | $ | 157,882 |  |  | $ | 197,704 |
Accumulated amortization |  |  | (145,665 | ) |  |  | (181,409 | )
Definite-lived intangible assets, net |  |  | 12,217 |  |  |  | 16,295 |
Indefinite-lived intangible assets |  |  | 32,416 |  |  |  | 32,416 |
Total intangible assets, net |  | $ | 44,633 |  |  | $ | 48,711 |
Schedule of Activity in Goodwill and Other Intangible Assets | Activity in goodwill and other intangible assets is as follows:
|  | Years Ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
($ in thousands) |  |  |  |  |  |  |  |  |
Intangible assets, net |  |  |  |  |  |  |  |  |  |  |  |
Balance, beginning of period |  | $ | 48,711 |  |  | $ | 52,096 |  |  | $ | 52,977 |
Acquisition |  |  | 356 |  |  |  | 560 |  |  |  | 3,068 |
Amortization expense |  |  | (4,434 | ) |  |  | (3,945 | ) |  |  | (3,949 | )
Balance, end of period |  | $ | 44,633 |  |  | $ | 48,711 |  |  | $ | 52,096 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |
Balance, beginning of period |  | $ | 5,260 |  |  | $ | 4,795 |  |  | $ | 4,795 |
Acquisition |  |  | — |  |  |  | 465 |  |  |  | — |
Balance, end of period |  | $ | 5,260 |  |  | $ | 5,260 |  |  | $ | 4,795 |

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Activity In Intangible Assets [Table Text Block] + References No definition available. + Details
Name: | vrts_ScheduleOfActivityInIntangibleAssetsTableTextBlock
Namespace Prefix: | vrts_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration