Investment Portfolio (Tables)

3 Months Ended

Mar. 31, 2016

Investments, Debt and Equity Securities [Abstract]

The following table summarizes the fair value of these investments as of March 31, 2016:



	As of
	March 31, 2016
Trading investments:
Equity securities held in consolidated ETF^(a)	$	16,394,754
Seed capital investments	9,428,651
Equity method investments	17,846,201
Deferred compensation investments	12,520,233
Total Investment portfolio	$	56,189,839

(a) Of the equity interests in consolidated ETF as of March 31, 2016, $12.1 million were held directly by the Company and $4.3 million were held by noncontrolling shareholders.

Equity Method Investments

The following table includes summary financial information from the Company's equity method investments as of and for the period ended March 31, 2016:



	As of
	March 31, 2016
Total assets	$	51,463,911
Total liabilities	2,819,908
Net assets	48,644,003
DHCM's portion of net assets	19,524,277

	For the Three Months Ended
	March 31, 2016
Net income	1,302,108
DHCM's portion of net income	646,565