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v2.4.1.9

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013
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Assets: |  |
Cash and cash equivalents | $ 202,847 us-gaap_CashEquivalentsAtCarryingValue | $ 271,014 us-gaap_CashEquivalentsAtCarryingValue
Cash of consolidated sponsored investment products | 457 vrts_CashAndCashEquivalentsOfConsolidatedSponsoredInvestmentProducts | 531 vrts_CashAndCashEquivalentsOfConsolidatedSponsoredInvestmentProducts
Cash pledged or on deposit of consolidated sponsored investment products | 8,230 vrts_CashPledgedOrOnDepositOfConsolidatedSponsoredInvestmentProducts |
Investments | 63,448 us-gaap_Investments | 37,258 us-gaap_Investments
Investments of consolidated sponsored investment products | 236,652 vrts_InvestmentsOfConsolidatedSponsoredInvestmentProducts | 139,054 vrts_InvestmentsOfConsolidatedSponsoredInvestmentProducts
Accounts receivable, net | 49,721 us-gaap_AccountsReceivableNet | 50,166 us-gaap_AccountsReceivableNet
Furniture, equipment, and leasehold improvements, net | 7,193 us-gaap_PropertyPlantAndEquipmentNet | 7,219 us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net | 41,783 us-gaap_IntangibleAssetsNetExcludingGoodwill | 44,633 us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill | 5,260 us-gaap_Goodwill | 5,260 us-gaap_Goodwill
Deferred taxes, net | 60,162 us-gaap_DeferredTaxAssetsLiabilitiesNet | 64,500 us-gaap_DeferredTaxAssetsLiabilitiesNet
Other assets | 16,060 us-gaap_OtherAssets | 15,724 us-gaap_OtherAssets
Other assets of consolidated sponsored investment products | 6,960 vrts_OtherAssetsOfConsolidatedSponsoredInvestmentProducts | 9,595 vrts_OtherAssetsOfConsolidatedSponsoredInvestmentProducts
Total assets | 698,773 us-gaap_Assets | 644,954 us-gaap_Assets
Liabilities: |  |
Accrued compensation and benefits | 54,815 us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent | 53,140 us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent
Accounts payable and accrued liabilities | 31,627 us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent | 29,912 us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Dividends payable | 4,270 us-gaap_DividendsPayableCurrentAndNoncurrent |
Other liabilities | 9,082 us-gaap_OtherLiabilities | 18,413 us-gaap_OtherLiabilities
Liabilities of consolidated sponsored investment products | 12,556 vrts_LiabilitiesOfConsolidatedSponsoredInvestmentProducts | 8,435 vrts_LiabilitiesOfConsolidatedSponsoredInvestmentProducts
Total liabilities | 112,350 us-gaap_Liabilities | 109,900 us-gaap_Liabilities
Commitments and Contingencies (Note 9) |  |
Redeemable noncontrolling interests | 23,071 us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests | 42,186 us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
Equity attributable to stockholders: |  |
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 9,551,274 shares issued and 8,975,833 shares outstanding at December 31, 2014 and 9,455,521 shares issued and 9,105,521 shares outstanding at December 31, 2013 | 96 us-gaap_CommonStockValue | 95 us-gaap_CommonStockValue
Additional paid-in capital | 1,148,908 us-gaap_AdditionalPaidInCapital | 1,135,644 us-gaap_AdditionalPaidInCapital
Accumulated deficit | (507,521)us-gaap_RetainedEarningsAccumulatedDeficit | (605,221)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss | (242)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax | (150)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost, 575,441 and 350,000 shares at December 31, 2014 and December 31, 2013, respectively | (77,699)us-gaap_TreasuryStockValue | (37,438)us-gaap_TreasuryStockValue
Total equity attributable to stockholders | 563,542 us-gaap_StockholdersEquity | 492,930 us-gaap_StockholdersEquity
Noncontrolling interests | (190)us-gaap_MinorityInterest | (62)us-gaap_MinorityInterest
Total equity | 563,352 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 492,868 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity | $ 698,773 us-gaap_LiabilitiesAndStockholdersEquity | $ 644,954 us-gaap_LiabilitiesAndStockholdersEquity

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- Definition Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(1),(5)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.15) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Subparagraph 1, 5 -Article 9 + Details
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- Definition Amount of short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 31 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.31(a)(3)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
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- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4568447-111683 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4568740-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4590271-111686 + Details
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- Definition Carrying amount, attributable to parent and noncontrolling interests, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.27(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 + Details
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