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Investments | 9 Months Ended
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Sep. 30, 2014
Investments Schedule [Abstract] |
Investments | 4. Investments Investments consist primarily of investments in our sponsored mutual funds. 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 |
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 |
For the three months ended September 30, 2014 and 2013, the Company recognized realized gains of $1.7 million and $0.2 million, respectively, and $6.2 million and $0.5 million for the nine months ended September 30, 2014 and 2013, respectively, on trading securities.

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- Definition The entire disclosure for investments, including all tables. + 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
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