XML 38 R22.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Investments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2014
Investments Schedule [Abstract] |
Investments | The Company’s investments, excluding the assets of consolidated sponsored investment products discussed in Note 10, at March 31, 2014 and December 31, 2013 are as follows:
|  | March 31, 2014 |  |  | December 31, 2013 |
($ in thousands) |  |  |  |  |  |
Marketable securities |  | $ | 93,949 |  |  | $ | 28,968 |
Equity method investments |  |  | 4,242 |  |  |  | 4,070 |
Nonqualified retirement plan assets |  |  | 4,299 |  |  |  | 4,220 |
Total investments |  | $ | 102,490 |  |  | $ | 37,258 |
Schedule of Marketable Securities | The Company’s marketable securities consist of both trading (including securities held by a broker-dealer affiliate) and available-for-sale securities. The composition of the Company’s marketable securities is summarized as follows: March 31, 2014
|  | Cost |  |  | Unrealized Loss |  |  | Unrealized Gain |  |  | Fair Value |
($ in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Trading: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored mutual funds and variable insurance funds |  | $ | 75,866 |  |  | $ | (627 | ) |  | $ | 6,959 |  |  | $ | 82,198 |
Equity securities |  |  | 7,486 |  |  |  | — |  |  |  | 1,424 |  |  |  | 8,910 |
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored closed-end funds |  |  | 2,867 |  |  |  | (108 | ) |  |  | 82 |  |  |  | 2,841 |
Total marketable securities |  | $ | 86,219 |  |  | $ | (735 | ) |  | $ | 8,465 |  |  | $ | 93,949 |
December 31, 2013
|  | Cost |  |  | Unrealized Loss |  |  | Unrealized Gain |  |  | Fair Value |
($ in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Trading: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored mutual funds and variable insurance funds |  | $ | 16,079 |  |  | $ | (704 | ) |  | $ | 2,529 |  |  | $ | 17,904 |
Equity securities |  |  | 7,043 |  |  |  | — |  |  |  | 1,336 |  |  |  | 8,379 |
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored closed-end funds |  |  | 2,815 |  |  |  | (145 | ) |  |  | 15 |  |  |  | 2,685 |
Total marketable securities |  | $ | 25,937 |  |  | $ | (849 | ) |  | $ | 3,880 |  |  | $ | 28,968 |

X
- Details
Name: | invest_InvestmentsScheduleAbstract
Namespace Prefix: | invest_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition A table of investments, shown as a text block. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 6 -Section 10 -Paragraph (c) -Subparagraph (1) + Details
Name: | invest_InvestmentTableTextBlock
Namespace Prefix: | invest_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Marketable Securities Table [Text Block] + References No definition available. + Details
Name: | vrts_ScheduleOfMarketableSecuritiesTableTextBlock
Namespace Prefix: | vrts_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration