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Investment Portfolio (Tables)
12 Months Ended
Dec. 31, 2012
Investment Portfolio [Abstract]  
Summary of market value of investments
                 
    As of December 31,  
    2012     2011  

Diamond Hill Small Cap Fund

  $ 215,550     $ 189,042  

Diamond Hill Small-Mid Cap Fund

    239,316       203,571  

Diamond Hill Large Cap Fund

    246,744       213,110  

Diamond Hill Select Fund

    242,252       214,833  

Diamond Hill Long-Short Fund

    1,036,045       212,720  

Diamond Hill Research Opportunities Fund (a)

    10,658,665       —    

Diamond Hill Strategic Income Fund

    214,598       197,284  

Diamond Hill Investment Partners, L.P.

    7,336       156,122  

Diamond Hill Investment Partners II, L.P. (b)

    —         131,203  

Diamond Hill Research Partners L.P. (a)

    —         5,770,874  

Diamond Hill Research Partners—International, L.P.

    1,384,976       919,730  

Diamond Hill Valuation-Based Index, L.P.

    2,258,249       —    
   

 

 

   

 

 

 

Total Investment Portfolio

  $ 16,503,731     $ 8,208,489  
   

 

 

   

 

 

 

 

(a) Effective January 3, 2012, Diamond Hill Research Partners, L.P. converted to Diamond Hill Research Opportunities Fund, a series of the Diamond Hill Funds.
(b) On July 18, 2012, Diamond Hill Investment Partners II, L.P. was liquidated.
Carrying value and income from the Partnerships
                         
    As of December 31,  
    2012     2011     2010  

Total partnership assets

  $ 105,472,952     $ 130,880,368     $ 173,007,238  

Total partnership liabilities

    17,786,579       21,570,822       32,855,190  
   

 

 

   

 

 

   

 

 

 

Net partnership assets

    87,686,373       109,309,546       140,152,048  

DHCM’s portion of net assets

    3,650,561       6,977,929       10,261,062  
   
    For the Year Ended December 31,  
    2012     2011     2010  

Net partnership income (loss)

    15,054,951       (11,007,617     4,486,719  

DHCM’s portion of net income (loss)

    472,659       (75,082     939,265