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Investments | 9 Months Ended
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Sep. 30, 2015
Investments Schedule [Abstract] |
Investments | 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 13 and the assets of the consolidated investment product discussed in Note 14, at September 30, 2015 and December 31, 2014 were as follows:
| September 30, 2015 |  | December 31, 2014
($ in thousands) |  |  |
Marketable securities | $ | 40,136 |  |  | $ | 50,251 |
Equity method investments | 9,194 |  |  | 7,209 |
Nonqualified retirement plan assets | 4,970 |  |  | 5,063 |
Other investments | 925 |  |  | 925 |
Total investments | $ | 55,225 |  |  | $ | 63,448 |
Marketable Securities The Company’s marketable securities consist of both trading (including securities held by a broker-dealer affiliate) and available-for-sale securities. The composition of the Company’s marketable securities is summarized as follows: September 30, 2015
| Cost |  | Unrealized Loss |  | Unrealized Gain |  | Fair Value
($ in thousands) |  |  |  |  |  |  |
Trading: |  |  |  |  |  |  |
Sponsored funds | $ | 32,079 |  |  | $ | (1,829 | ) |  | $ | 288 |  |  | $ | 30,538 |
Equity securities | 7,236 |  |  | (648 | ) |  | 57 |  |  | 6,645 |
Available-for-sale: |  |  |  |  |  |  |
Sponsored closed-end funds | 3,297 |  |  | (344 | ) |  | — |  |  | 2,953 |
Total marketable securities | $ | 42,612 |  |  | $ | (2,821 | ) |  | $ | 345 |  |  | $ | 40,136 |
December 31, 2014
| Cost |  | Unrealized Loss |  | Unrealized Gain |  | Fair Value
($ in thousands) |  |  |  |  |  |  |
Trading: |  |  |  |  |  |  |
Sponsored funds | $ | 39,079 |  |  | $ | (1,190 | ) |  | $ | 423 |  |  | $ | 38,312 |
Equity securities | 8,421 |  |  | — |  |  | 319 |  |  | 8,740 |
Available-for-sale: |  |  |  |  |  |  |
Sponsored closed-end funds | 3,129 |  |  | (163 | ) |  | 233 |  |  | 3,199 |
Total marketable securities | $ | 50,629 |  |  | $ | (1,353 | ) |  | $ | 975 |  |  | $ | 50,251 |
For the three and nine months ended September 30, 2015, the Company recognized a net realized loss of $0.5 million and a net realized gain of $0.4 million, respectively, on trading securities, and for the three and nine months ended September 30, 2014, the Company recognized a net realized gain of $1.7 million and $6.2 million, respectively.

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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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- References No definition available. + Details
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