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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 |  |  |  |  |
Beginning Balance 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) | 208,948 | 208,131 |  |  | 208,131 |  |  | 817
Foreign currency translation adjustments | (9) | (9) |  |  |  | (9) |  |
Net subscriptions (redemptions) and other | (2,266) |  |  |  |  |  |  | (2,266)
Cash dividends declared, common | (37,222) | (37,222) |  | (25,312) | (11,910) |  |  |
Repurchase of common shares (in shares) |  |  | (193,193) |  |  |  | 193,193 |
Repurchase of common shares | (57,499) | (57,499) |  |  |  |  | $ (57,499) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 115,878 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 66 | 66 | $ 1 | 65 |  |  |  |
Taxes paid on stock-based compensation | (19,509) | (19,509) |  | (19,509) |  |  |  |
Stock-based compensation | 23,178 | 23,178 |  | 23,178 |  |  |  |
Balance at ending of period, common stock (in shares) at Dec. 31, 2021 |  |  | 7,506,151 |  |  |  |  |
Ending Balance at Dec. 31, 2021 | 836,627 | 828,277 | $ 119 | 1,276,424 | 60,962 | 20 | $ (509,248) | 8,350
Balance at ending of period, treasury stock (in shares) at Dec. 31, 2021 |  |  |  |  |  |  | 4,400,596 |
Balance at Dec. 31, 2020 | 115,513 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 53,887 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (30,435) |  |  |  |  |  |  |
Balance at Dec. 31, 2021 | 138,965 |  |  |  |  |  |  |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 116,776 | 117,541 |  |  | 117,541 |  |  | (765)
Foreign currency translation adjustments | (378) | (378) |  |  |  | (378) |  |
Net subscriptions (redemptions) and other | 367 | 2,035 |  | 2,035 |  |  |  | (1,668)
Cash dividends declared, common | (48,242) | (48,242) |  |  | (48,242) |  |  |
Repurchase of common shares (in shares) |  |  | (451,097) |  |  |  | 451,097 |
Repurchase of common shares | (90,000) | (90,000) |  |  |  |  | $ (90,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 126,500 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 | $ 1 | (1) |  |  |  |
Taxes paid on stock-based compensation | (16,830) | (16,830) |  | (16,830) |  |  |  |
Stock-based compensation | $ 24,616 | 24,616 |  | 24,616 |  |  |  |
Balance at ending of period, common stock (in shares) at Dec. 31, 2022 | 12,033,247 |  | 7,181,554 |  |  |  |  |
Ending Balance at Dec. 31, 2022 | $ 822,936 | 817,019 | $ 120 | 1,286,244 | 130,261 | (358) | $ (599,248) | 5,917
Balance at ending of period, treasury stock (in shares) at Dec. 31, 2022 | 4,851,693 |  |  |  |  |  | 4,851,693 |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | $ (10,148) |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (15,099) |  |  |  |  |  |  |
Balance at Dec. 31, 2022 | 113,718 |  |  |  |  |  |  |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 130,691 | 130,621 |  |  | 130,621 |  |  | 70
Foreign currency translation adjustments | 271 | 271 |  |  |  | 271 |  |
Net subscriptions (redemptions) and other | 1,564 | 3,188 |  | 3,188 |  |  |  | (1,624)
Cash dividends declared, common | (53,526) | (53,526) |  |  | (53,526) |  |  |
Repurchase of common shares (in shares) |  |  | (223,807) |  |  |  | 223,807 |
Repurchase of common shares | (45,216) | (45,216) |  |  |  |  | $ (45,216) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 129,981 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 | $ 2 | (2) |  |  |  |
Taxes paid on stock-based compensation | (13,774) | (13,774) |  | (13,774) |  |  |  |
Stock-based compensation | $ 25,343 | 25,343 |  | 25,343 |  |  |  |
Balance at ending of period, common stock (in shares) at Dec. 31, 2023 | 12,163,228 |  | 7,087,728 |  |  |  |  |
Ending Balance at Dec. 31, 2023 | $ 868,289 | $ 863,926 | $ 122 | $ 1,300,999 | $ 207,356 | $ (87) | $ (644,464) | $ 4,363
Balance at ending of period, treasury stock (in shares) at Dec. 31, 2023 | 5,075,500 |  |  |  |  |  | 5,075,500 |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | $ 10,785 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (19,634) |  |  |  |  |  |  |
Balance at Dec. 31, 2023 | $ 104,869 |  |  |  |  |  |  |

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