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Investments - Schedule of Marketable Securities (Detail) (USD $) In Thousands, unless otherwise specified | Mar. 31, 2015 | Dec. 31, 2014
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Marketable Securities [Abstract] |  |
Cost | $ 43,602 vrts_MarketableSecuritiesCost | $ 50,629 vrts_MarketableSecuritiesCost
Unrealized Loss | (1,005)vrts_MarketableSecuritiesUnrealizedLosses | (1,353)vrts_MarketableSecuritiesUnrealizedLosses
Unrealized Gain | 1,106 vrts_MarketableSecuritiesUnrealizedGain | 975 vrts_MarketableSecuritiesUnrealizedGain
Fair Value | 43,703 us-gaap_MarketableSecurities | 50,251 us-gaap_MarketableSecurities
Sponsored Funds [Member] |  |
Marketable Securities [Abstract] |  |
Cost | 31,365 us-gaap_TradingSecuritiesCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember | 39,079 us-gaap_TradingSecuritiesCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember
Unrealized Loss | (844)vrts_TradingSecuritiesUnrealizedLoss / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember | (1,190)vrts_TradingSecuritiesUnrealizedLoss / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember
Unrealized Gain | 690 vrts_TradingSecuritiesUnrealizedGain / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember | 423 vrts_TradingSecuritiesUnrealizedGain / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember
Fair Value | 31,211 us-gaap_TradingSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember | 38,312 us-gaap_TradingSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredFundsMember
Equity Securities [Member] |  |
Marketable Securities [Abstract] |  |
Cost | 9,064 us-gaap_TradingSecuritiesCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_EquitySecuritiesMember | 8,421 us-gaap_TradingSecuritiesCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_EquitySecuritiesMember
Unrealized Gain | 179 vrts_TradingSecuritiesUnrealizedGain / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_EquitySecuritiesMember | 319 vrts_TradingSecuritiesUnrealizedGain / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_EquitySecuritiesMember
Fair Value | 9,243 us-gaap_TradingSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_EquitySecuritiesMember | 8,740 us-gaap_TradingSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_EquitySecuritiesMember
Sponsored Closed-End Funds [Member] |  |
Marketable Securities [Abstract] |  |
Cost | 3,173 us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember | 3,129 us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember
Unrealized Loss | (161)us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember | (163)us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember
Unrealized Gain | 237 us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember | 233 us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember
Fair Value | $ 3,249 us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember | $ 3,199 us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = vrts_SponsoredClosedEndFundsMember

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- Definition Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 25 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=28360136&loc=d3e22054-111558 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 3: 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 + Details
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- Definition Amount before tax of unrealized gain in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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- Definition Amount before tax of unrealized loss in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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- Definition This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. + 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 210.5-02.2) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Total debt and equity financial instruments including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale. + 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 210.9-03.4) -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 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 3: 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
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- Definition Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading. + 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 -Glossary Trading Securities -URI http://asc.fasb.org/extlink&oid=6526789 Reference 4: 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 + Details
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