XML 69 R59.htm IDEA: XBRL DOCUMENT
v3.22.2

Redeemable Noncontrolling Interests - Summary (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |
Beginning balance |  |  | $ 138,965 |
Net income (loss) attributable to noncontrolling interests |  |  | 2,599 |
Changes in redemption value |  |  | (338) | $ (8,001)
Total net income (loss) attributable to noncontrolling interests | $ (2,865) | $ 12,860 | 3,252 | 28,411
Net subscriptions (redemptions) and other | 3,274 | $ 6,183 | (3,070) | $ (12,399)
Ending balance | 139,147 |  | 139,147 |
CIP |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |
Beginning balance |  |  | 12,416 |
Net income (loss) attributable to noncontrolling interests |  |  | (1,593) |
Total net income (loss) attributable to noncontrolling interests |  |  | (1,593) |
Net subscriptions (redemptions) and other |  |  | 2,227 |
Ending balance | 13,050 |  | 13,050 |
Affiliate Noncontrolling Interests |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |
Beginning balance |  |  | 126,549 |
Net income (loss) attributable to noncontrolling interests |  |  | 4,192 |
Total net income (loss) attributable to noncontrolling interests |  |  | 4,845 |
Net subscriptions (redemptions) and other |  |  | (5,297) |
Ending balance | $ 126,097 |  | 126,097 |
Portion at Other than Fair Value Measurement |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |
Changes in redemption value |  |  | 653 |
Portion at Other than Fair Value Measurement | CIP |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |
Changes in redemption value |  |  | 0 |
Portion at Other than Fair Value Measurement | Affiliate Noncontrolling Interests |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |
Changes in redemption value |  |  | $ 653 |

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_IncreaseDecreaseInTemporaryEquityRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Change in noncontrolling interest during the period as a result of a change in the redemption value of redeemable noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 3A -Subparagraph 15 -URI https://asc.fasb.org/extlink&oid=122040564&loc=SL6540498-122764 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 3A -Subparagraph 16(c) -URI https://asc.fasb.org/extlink&oid=122040564&loc=SL6540498-122764 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 3A -Subparagraph 14 -URI https://asc.fasb.org/extlink&oid=122040564&loc=SL6540498-122764 + Details
Name: | us-gaap_MinorityInterestChangeInRedemptionValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of Net Income (Loss) attributable to redeemable noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.19) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
Name: | us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Redemption value, as if currently redeemable, of redeemable noncontrolling interest classified as temporary equity and the election has been made to accrete changes in redemption value to the earliest redemption date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 3A -Subparagraph 24(b) -URI https://asc.fasb.org/extlink&oid=122040564&loc=SL6540498-122764 + Details
Name: | us-gaap_RedeemableNoncontrollingInterestEquityRedemptionValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The portion of net income or loss attributable to temporary equity interest. + References No definition available. + Details
Name: | us-gaap_TemporaryEquityNetIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Noncontrolling Interest, Subscriptions (Redemptions) + References No definition available. + Details
Name: | vrts_NoncontrollingInterestSubscriptionsRedemptions
Namespace Prefix: | vrts_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=vrts_VariableInterestEntityPrimaryBeneficiaryandVotingInterestEntityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_AffiliatedEntityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_PortionAtOtherThanFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |