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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 (in shares) at Dec. 31, 2023 |  |  | 7,087,728 |  |  |  |  |
Balance at beginning of period at Dec. 31, 2023 | $ 868,289 | $ 863,926 | $ 122 | $ 1,300,999 | $ 207,356 | $ (87) | $ (644,464) | $ 4,363
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2023 |  |  |  |  |  |  | 5,075,500 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 88,571 | 88,452 |  |  | 88,452 |  |  | 119
Foreign currency translation adjustments | 317 | 317 |  |  |  | 317 |  |
Net subscriptions (redemptions) and other | 4,443 | 5,249 |  | 5,249 |  |  |  | (806)
Cash dividends declared, common | (44,510) | (44,510) |  |  | (44,510) |  |  |
Repurchases of common shares (in shares) |  |  | (149,057) |  |  |  | 149,057 |
Repurchases of common shares | (32,368) | (32,368) |  |  |  |  | $ (32,368) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 77,762 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (11,271) | (11,271) |  | (11,271) |  |  |  |
Stock-based compensation | 19,251 | 19,251 |  | 19,251 |  |  |  |
Balance at end of period (in shares) at Sep. 30, 2024 |  |  | 7,016,433 |  |  |  |  |
Balance at end of period at Sep. 30, 2024 | 892,722 | 889,046 | $ 122 | 1,314,228 | 251,298 | 230 | $ (676,832) | 3,676
Balance at end of period, treasury stock (in shares) at Sep. 30, 2024 |  |  |  |  |  |  | 5,224,557 |
Balance at Dec. 31, 2023 | 104,869 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 24,422 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (31,180) |  |  |  |  |  |  |
Balance at Sep. 30, 2024 | 98,111 |  |  |  |  |  |  |
Balance at beginning of period (in shares) at Jun. 30, 2024 |  |  | 7,082,071 |  |  |  |  |
Balance at beginning of period at Jun. 30, 2024 | 872,118 | 868,675 | $ 122 | 1,304,176 | 226,540 | (200) | $ (661,963) | 3,443
Balance at beginning of period, treasury stock (in shares) at Jun. 30, 2024 |  |  |  |  |  |  | 5,151,707 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 41,381 | 40,980 |  |  | 40,980 |  |  | 401
Foreign currency translation adjustments | 430 | 430 |  |  |  | 430 |  |
Net subscriptions (redemptions) and other | 5,019 | 5,187 |  | 5,187 |  |  |  | (168)
Cash dividends declared, common | (16,222) | (16,222) |  |  | (16,222) |  |  |
Repurchases of common shares (in shares) |  |  | (72,850) |  |  |  | 72,850 |
Repurchases of common shares | (14,869) | (14,869) |  |  |  |  | $ (14,869) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 7,212 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (827) | (827) |  | (827) |  |  |  |
Stock-based compensation | 5,692 | 5,692 |  | 5,692 |  |  |  |
Balance at end of period (in shares) at Sep. 30, 2024 |  |  | 7,016,433 |  |  |  |  |
Balance at end of period at Sep. 30, 2024 | 892,722 | 889,046 | $ 122 | 1,314,228 | 251,298 | 230 | $ (676,832) | 3,676
Balance at end of period, treasury stock (in shares) at Sep. 30, 2024 |  |  |  |  |  |  | 5,224,557 |
Balance at Jun. 30, 2024 | 129,450 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 7,723 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (39,062) |  |  |  |  |  |  |
Balance at Sep. 30, 2024 | $ 98,111 |  |  |  |  |  |  |
Balance at beginning of period (in shares) at Dec. 31, 2024 | 6,967,147 |  | 6,967,147 |  |  |  |  |
Balance at beginning of period at Dec. 31, 2024 | $ 901,636 | 897,493 | $ 122 | 1,319,108 | 268,221 | (364) | $ (689,594) | 4,143
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2024 | 5,276,733 |  |  |  |  |  | 5,276,733 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | $ 102,014 | 102,946 |  |  | 102,946 |  |  | (932)
Foreign currency translation adjustments | 962 | 962 |  |  |  | 962 |  |
Net subscriptions (redemptions) and other | 321 | 2,457 |  | 2,457 |  |  |  | (2,136)
Cash dividends declared, common | (48,846) | (48,846) |  |  | (48,846) |  |  |
Repurchases of common shares (in shares) |  |  | (287,072) |  |  |  | 287,072 |
Repurchases of common shares | (50,000) | (50,000) | $ 1 | (1) |  |  | $ (50,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 73,369 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (7,639) | (7,639) |  | (7,639) |  |  |  |
Stock-based compensation | $ 21,329 | 21,329 |  | 21,329 |  |  |  |
Balance at end of period (in shares) at Sep. 30, 2025 | 6,753,444 |  | 6,753,444 |  |  |  |  |
Balance at end of period at Sep. 30, 2025 | $ 919,777 | 918,702 | $ 123 | 1,335,254 | 322,321 | 598 | $ (739,594) | 1,075
Balance at end of period, treasury stock (in shares) at Sep. 30, 2025 | 5,563,805 |  |  |  |  |  | 5,563,805 |
Balance at Dec. 31, 2024 | $ 107,282 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 122 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (4,213) |  |  |  |  |  |  |
Balance at Sep. 30, 2025 | 103,191 |  |  |  |  |  |  |
Balance at beginning of period (in shares) at Jun. 30, 2025 |  |  | 6,748,088 |  |  |  |  |
Balance at beginning of period at Jun. 30, 2025 | 898,329 | 896,396 | $ 123 | 1,327,872 | 307,409 | 586 | $ (739,594) | 1,933
Balance at beginning of period, treasury stock (in shares) at Jun. 30, 2025 |  |  |  |  |  |  | 5,563,805 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 31,320 | 31,926 |  |  | 31,926 |  |  | (606)
Foreign currency translation adjustments | 12 | 12 |  |  |  | 12 |  |
Net subscriptions (redemptions) and other | 2,010 | 2,262 |  | 2,262 |  |  |  | (252)
Cash dividends declared, common | (17,014) | (17,014) |  |  | (17,014) |  |  |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 5,356 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (673) | (673) |  | (673) |  |  |  |
Stock-based compensation | $ 5,793 | 5,793 |  | 5,793 |  |  |  |
Balance at end of period (in shares) at Sep. 30, 2025 | 6,753,444 |  | 6,753,444 |  |  |  |  |
Balance at end of period at Sep. 30, 2025 | $ 919,777 | $ 918,702 | $ 123 | $ 1,335,254 | $ 322,321 | $ 598 | $ (739,594) | $ 1,075
Balance at end of period, treasury stock (in shares) at Sep. 30, 2025 | 5,563,805 |  |  |  |  |  | 5,563,805 |
Balance at Jun. 30, 2025 | $ 123,097 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 21 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (19,927) |  |  |  |  |  |  |
Balance at Sep. 30, 2025 | $ 103,191 |  |  |  |  |  |  |

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