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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands | Total | Total Attributed To Virtus Investment Partners, Inc. | Common Stock | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Non- controlling Interests
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at beginning of period, common stock (in shares) at Dec. 31, 2020 |  |  | 7,583,466 |  |  |  |  |
Balance at beginning of period at Dec. 31, 2020 | $ 720,940 | $ 711,141 | $ 118 | $ 1,298,002 | $ (135,259) | $ 29 | $ (451,749) | $ 9,799
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2020 |  |  |  |  |  |  | 4,207,403 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 99,900 | 99,555 |  |  | 99,555 |  |  | 345
Foreign currency translation adjustments | 6 | 6 |  |  |  | 6 |  |
Net subscriptions (redemptions) and other | (1,176) |  |  |  |  |  |  | (1,176)
Cash dividends declared | (13,300) | (13,300) |  | (13,300) |  |  |  |
Repurchases of common shares (in shares) |  |  | (46,833) |  |  |  | 46,833 |
Repurchases of common shares | (12,499) | (12,499) |  |  |  |  | $ (12,499) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 114,973 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 66 | 66 | $ 1 | 65 |  |  |  |
Taxes paid on stock-based compensation | (19,280) | (19,280) |  | (19,280) |  |  |  |
Stock-based compensation | 15,180 | 15,180 |  | 15,180 |  |  |  |
Balance at end of period, common stock (in shares) at Jun. 30, 2021 |  |  | 7,651,606 |  |  |  |  |
Balance at end of period at Jun. 30, 2021 | 789,837 | 780,869 | $ 119 | 1,280,667 | (35,704) | 35 | $ (464,248) | 8,968
Balance at end of period, treasury stock (in shares) at Jun. 30, 2021 |  |  |  |  |  |  | 4,254,236 |
Balance at beginning of period at Dec. 31, 2020 | 115,513 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | 28,411 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (12,399) |  |  |  |  |  |  |
Balance at end of period at Jun. 30, 2021 | 131,525 |  |  |  |  |  |  |
Balance at beginning of period, common stock (in shares) at Mar. 31, 2021 |  |  | 7,649,679 |  |  |  |  |
Balance at beginning of period at Mar. 31, 2021 | 738,695 | 729,378 | $ 119 | 1,284,643 | (98,671) | 35 | $ (456,748) | 9,317
Balance at beginning of period, treasury stock (in shares) at Mar. 31, 2021 |  |  |  |  |  |  | 4,227,315 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 63,237 | 62,967 |  |  | 62,967 |  |  | 270
Foreign currency translation adjustments | 0 | 0 |  |  |  |  |  |
Net subscriptions (redemptions) and other | (619) | 0 |  |  |  |  |  | (619)
Cash dividends declared | (6,604) | (6,604) |  | (6,604) |  |  |  |
Repurchases of common shares (in shares) |  |  | (26,921) |  |  |  | 26,921 |
Repurchases of common shares | (7,500) | (7,500) |  |  |  |  | $ (7,500) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 28,848 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (4,117) | (4,117) |  | (4,117) |  |  |  |
Stock-based compensation | 6,745 | 6,745 |  | 6,745 |  |  |  |
Balance at end of period, common stock (in shares) at Jun. 30, 2021 |  |  | 7,651,606 |  |  |  |  |
Balance at end of period at Jun. 30, 2021 | 789,837 | 780,869 | $ 119 | 1,280,667 | (35,704) | 35 | $ (464,248) | 8,968
Balance at end of period, treasury stock (in shares) at Jun. 30, 2021 |  |  |  |  |  |  | 4,254,236 |
Balance at beginning of period at Mar. 31, 2021 | 112,482 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | 12,860 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | 6,183 |  |  |  |  |  |  |
Balance at end of period at Jun. 30, 2021 | $ 131,525 |  |  |  |  |  |  |
Balance at beginning of period, common stock (in shares) at Dec. 31, 2021 | 11,906,747 |  | 7,506,151 |  |  |  |  |
Balance at beginning of period at Dec. 31, 2021 | $ 836,627 | 828,277 | $ 119 | 1,276,424 | 60,962 | 20 | $ (509,248) | 8,350
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2021 | 4,400,596 |  |  |  |  |  | 4,400,596 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | $ 50,126 | 50,461 |  |  | 50,461 |  |  | (335)
Foreign currency translation adjustments | (287) | (287) |  |  |  | (287) |  |
Net subscriptions (redemptions) and other | (1,018) |  |  |  |  |  |  | (1,018)
Cash dividends declared | $ (23,227) | (23,227) |  |  | (23,227) |  |  |
Repurchases of common shares (in shares) | (347,355) |  | (347,355) |  |  |  | 347,355 |
Repurchases of common shares | $ (70,000) | (70,000) |  |  |  |  | $ (70,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 116,541 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 | $ 1 | (1) |  |  |  |
Taxes paid on stock-based compensation | (15,284) | (15,284) |  | (15,284) |  |  |  |
Stock-based compensation | $ 14,768 | 14,768 |  | 14,768 |  |  |  |
Balance at end of period, common stock (in shares) at Jun. 30, 2022 | 12,023,288 |  | 7,275,337 |  |  |  |  |
Balance at end of period at Jun. 30, 2022 | $ 791,705 | 784,708 | $ 120 | 1,275,907 | 88,196 | (267) | $ (579,248) | 6,997
Balance at end of period, treasury stock (in shares) at Jun. 30, 2022 | 4,747,951 |  |  |  |  |  | 4,747,951 |
Balance at beginning of period at Dec. 31, 2021 | $ 138,965 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | 3,252 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (3,070) |  |  |  |  |  |  |
Balance at end of period at Jun. 30, 2022 | 139,147 |  |  |  |  |  |  |
Balance at beginning of period, common stock (in shares) at Mar. 31, 2022 |  |  | 7,472,829 |  |  |  |  |
Balance at beginning of period at Mar. 31, 2022 | 824,233 | 816,427 | $ 120 | 1,273,802 | 81,783 | (30) | $ (539,248) | 7,806
Balance at beginning of period, treasury stock (in shares) at Mar. 31, 2022 |  |  |  |  |  |  | 4,526,048 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 17,124 | 17,402 |  |  | 17,402 |  |  | (278)
Foreign currency translation adjustments | (237) | (237) |  |  |  | (237) |  |
Net subscriptions (redemptions) and other | (531) | 0 |  |  |  |  |  | (531)
Cash dividends declared | $ (10,989) | (10,989) |  |  | (10,989) |  |  |
Repurchases of common shares (in shares) | (221,903) |  | (221,903) |  |  |  | 221,903 |
Repurchases of common shares | $ (40,000) | (40,000) |  |  |  |  | $ (40,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 24,411 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (1,870) | (1,870) |  | (1,870) |  |  |  |
Stock-based compensation | $ 3,975 | 3,975 |  | 3,975 |  |  |  |
Balance at end of period, common stock (in shares) at Jun. 30, 2022 | 12,023,288 |  | 7,275,337 |  |  |  |  |
Balance at end of period at Jun. 30, 2022 | $ 791,705 | $ 784,708 | $ 120 | $ 1,275,907 | $ 88,196 | $ (267) | $ (579,248) | $ 6,997
Balance at end of period, treasury stock (in shares) at Jun. 30, 2022 | 4,747,951 |  |  |  |  |  | 4,747,951 |
Balance at beginning of period at Mar. 31, 2022 | $ 138,738 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | (2,865) |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | 3,274 |  |  |  |  |  |  |
Balance at end of period at Jun. 30, 2022 | $ 139,147 |  |  |  |  |  |  |

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