XML 41 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Investments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
Investments Schedule [Abstract] |
Summary of Investments | The Company’s investments, excluding the assets of consolidated sponsored investment products discussed in Note 12, at September 30, 2014 and December 31, 2013 are as follows:
|  | September 30, 2014 |  |  | December 31, 2013 |
($ in thousands) |  |  |  |  |  |
Marketable securities |  | $ | 50,845 |  |  | $ | 28,968 |
Equity method investments |  |  | 7,235 |  |  |  | 4,070 |
Nonqualified retirement plan assets |  |  | 4,654 |  |  |  | 4,220 |
Other investments |  |  | 925 |  |  |  | — |
Total investments |  | $ | 63,659 |  |  | $ | 37,258 |
Schedule of Marketable Securities | The Company’s marketable securities consist of both trading and available-for-sale securities. The composition of the Company’s marketable securities is summarized as follows: September 30, 2014
|  | Cost |  |  | Unrealized Loss |  |  | Unrealized Gain |  |  | Fair Value |
($ in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Trading: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored funds |  | $ | 37,426 |  |  | $ | (633 | ) |  | $ | 2,036 |  |  | $ | 38,829 |
Equity securities |  |  | 8,255 |  |  |  | — |  |  |  | 672 |  |  |  | 8,927 |
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored funds |  |  | 3,074 |  |  |  | (136 | ) |  |  | 151 |  |  |  | 3,089 |
Total marketable securities |  | $ | 48,755 |  |  | $ | (769 | ) |  | $ | 2,859 |  |  | $ | 50,845 |
December 31, 2013
|  | Cost |  |  | Unrealized Loss |  |  | Unrealized Gain |  |  | Fair Value |
($ in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Trading: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored funds |  | $ | 16,079 |  |  | $ | (704 | ) |  | $ | 2,529 |  |  | $ | 17,904 |
Equity securities |  |  | 7,043 |  |  |  | — |  |  |  | 1,336 |  |  |  | 8,379 |
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored 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 Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.4) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.2,12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration