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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Investment management fees $ 78,960 $ 67,119 $ 225,289 $ 189,371
Distribution and service fees 23,671 20,322 70,049 57,007
Administration and transfer agent fees 14,804 12,492 41,819 35,248
Other income and fees 406 476 1,304 1,091
Total revenues 117,841 100,409 338,461 282,717
Operating Expenses        
Employment expenses 35,246 33,022 105,756 98,311
Distribution and administration expenses 29,180 25,253 96,139 71,133
Other operating expenses 11,288 8,538 34,952 27,778
Other operating expenses of consolidated sponsored investment products 1,246 231 2,374 547
Restructuring and severance 294   294 203
Depreciation and other amortization 713 610 2,040 1,782
Amortization expense 947 1,125 2,851 3,351
Total operating expenses 78,914 68,779 244,406 203,105
Operating Income 38,927 31,630 94,055 79,612
Other Income (Expense)        
Realized and unrealized (loss) gain on investments, net (1,039) 1,285 1,712 1,887
Realized and unrealized (loss) gain on investments of consolidated sponsored investment products, net (5,330) 324 1,150 (2,460)
Other income, net 233 111 573 82
Total other (expense) income, net (6,136) 1,720 3,435 (491)
Interest Income (Expense)        
Interest expense (149) (207) (412) (634)
Interest and dividend income 326 126 1,053 426
Interest and dividend income of investments of consolidated sponsored investment products 2,222 600 4,734 1,692
Total interest income, net 2,399 519 5,375 1,484
Income Before Income Taxes 35,190 33,869 102,865 80,605
Income tax (benefit) expense (1,805) 12,567 24,311 30,335
Net Income 36,995 21,302 78,554 50,270
Noncontrolling interests 345 (213) 267 164
Net Income Attributable to Common Stockholders $ 37,340 $ 21,089 $ 78,821 $ 50,434
Earnings per share-Basic $ 4.10 $ 2.64 $ 8.65 $ 6.40
Earnings per share-Diluted $ 4.02 $ 2.56 $ 8.46 $ 6.21
Cash dividends declared per share $ 0.45   $ 0.90  
Weighted Average Shares Outstanding-Basic (in thousands) 9,096 7,995 9,115 7,879
Weighted Average Shares Outstanding-Diluted (in thousands) 9,279 8,227 9,322 8,125