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Investments | 9 Months Ended
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Sep. 30, 2019
Investments Schedule [Abstract] |
Investments | Investments Investments consist primarily of investments in the Company's sponsored products. The Company's investments, excluding the assets of consolidated investment products ("CIP") discussed in Note 17, at September 30, 2019 and December 31, 2018, were as follows:
| September 30, 2019 |  | December 31, 2018
($ in thousands) |  |  |
Investment securities - fair value | $ | 23,651 |  |  | $ | 59,271 |
Investment securities - available for sale | — |  |  | 2,023 |
Equity method investments | 11,562 |  |  | 10,573 |
Nonqualified retirement plan assets | 8,039 |  |  | 6,716 |
Other investments | 1,331 |  |  | 975 |
Total investments | $ | 44,583 |  |  | $ | 79,558 |
Investment Securities - fair value Investment securities - fair value consist of investments in the Company's sponsored funds, separately managed accounts and trading debt securities. The composition of the Company’s investment securities - fair value is summarized as follows:
| September 30, 2019 |  | December 31, 2018
| Cost |  | Fair Value |  | Cost |  | Fair Value
($ in thousands) |  |  |  |  |  |  |
Investment Securities - fair value |  |  |  |  |  |  |
Sponsored funds | $ | 10,991 |  |  | $ | 12,366 |  |  | $ | 43,507 |  |  | $ | 40,191 |
Equity securities | 9,982 |  |  | 11,257 |  |  | 16,380 |  |  | 16,981 |
Debt securities | 44 |  |  | 28 |  |  | 3,816 |  |  | 2,099 |
Total Investment Securities - fair value | $ | 21,017 |  |  | $ | 23,651 |  |  | $ | 63,703 |  |  | $ | 59,271 |
For the three and nine months ended September 30, 2019, the Company recognized realized gains of $1.0 million and $0.4 million, respectively, on the sale of its investment securities - fair value. For the three and nine months ended September 30, 2018, the Company recognized realized gains of $0.6 million and $1.9 million, respectively, on investment securities - fair value. Investments Securities - available for sale Investment securities - available for sale primarily consist of investments in collateralized loan obligations ("CLOs") for which the Company provides investment management services and does not consolidate. The Company had no investment securities - available for sale as of September 30, 2019. The composition of the Company’s investment securities - available for sale as of December 31, 2018 is summarized as follows:
| December 31, 2018
| Cost |  | Unrealized Loss |  | Unrealized Gain |  | Fair Value
($ in thousands) |  |  |  |  |  |  |
Investment Securities - available for sale |  |  |  |  |  |  |
Investments in CLOs | $ | 3,696 |  |  | $ | (1,673 | ) |  | $ | — |  |  | $ | 2,023 |

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